U.S. Active Backpack Market Size & Outlook, 2022-2030
U.S. active backpack market, 2017-2030 (US$M)
Related Markets
U.S. active backpack market highlights
- The U.S. active backpack market generated a revenue of USD 1,780.0 million in 2022 and is expected to reach USD 3,379.8 million by 2030.
- The U.S. market is expected to grow at a CAGR of 8.3% from 2023 to 2030.
- In terms of segment, sports was the largest revenue generating type in 2022.
- Hiking/Trekking is the most lucrative type segment registering the fastest growth during the forecast period.
Active backpack market data book summary
| Market revenue in 2022 | USD 1,780.0 million |
| Market revenue in 2030 | USD 3,379.8 million |
| Growth rate | 8.3% (CAGR from 2022 to 2030) |
| Largest segment | Sports |
| Fastest growing segment | Hiking/Trekking |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hiking/Trekking, Camping and Travelling, Sports |
| Key market players worldwide | Amer Sports Inc, Samsonite International SA, Patagonia Gold Corp Ordinary Shares, Columbia Sportswear Co, JanSport, VF Corp, The North Face, CamelBak Products LLC, Deuter Sport, Kelty, Osprey Packs |
Other key industry trends
- In terms of revenue, U.S. accounted for 32.9% of the global active backpack market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. active backpack market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 3,379.8 million by 2030.
Sports was the largest segment with a revenue share of 46.54% in 2022. Horizon Databook has segmented the U.S. active backpack market based on hiking/trekking, camping and travelling, sports covering the revenue growth of each sub-segment from 2017 to 2030.
The increasing popularity of various sports, rising international sports events, the impact of social media and celebrity endorsements, and health and wellness trends have led consumers to participate in a variety of outdoor sports. This is expected to propel the active backpack market in the U.S. over the forecast period.
Additionally, the industry is moving towards premiumization, which can be explained by a rise in affluent millennials' need for high-quality premium products. For instance, sports backpacks made of leather and other premium materials are becoming more popular. Additionally, because the high price tag is frequently linked with high standard/quality, premium items are not just targeted to the rich class.
The active backpack market in the U.S. is quite cutthroat. Puma SE, Nike Inc., and Adidas AG, among others, hold a sizable portion of the market due to their increased market penetration, which reflects their firm hold on the sector through their strong brand recognition, diverse product offerings, distribution networks, alliances, and advertising.
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Active Backpack Market Scope
Active Backpack Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. active backpack market size, by type, 2017-2030 (US$M)
U.S. Active Backpack Market Outlook Share, 2022 & 2030 (US$M)
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