Hiking Gear & Equipment Market To Reach $9.56 Billion By 2030

March 2025 | Report Format: Electronic (PDF)

Hiking Gear & Equipment Market Growth & Trends

The global hiking gear and equipment market size is expected to reach USD 9.56 billion by 2030, expanding at a CAGR 8.4% from 2025 to 2030, according to a new report by Grand View Research, Inc. An increasing number of people are spending high amounts of money on trail sports such as trail running, trail backpacking, rock or ice climbing, and others. According to the 2023 Outdoor Recreation Economy Report by the Outdoor Industry Association, Americans who participate in trail sports annually spend approximately USD 25.34 billion on gear, accessories, and vehicles. Trail gear includes running shoes and apparel. In addition, trail running, cycling, and obstacle course racing primarily attract participants with high disposable income. Financial capability facilitates participation, enabling individuals to spend more on trail running gear, including running shoes, apparel, and accessories.

According to the 2023 Topline Participation Report published by the Sports & Fitness Industry Association (SFIA), a national trade association representing the sports, fitness, and active recreation industry, participation in trail running in the U.S. reached an all-time high of 13.3 million participants in 2022, an increase of 5.9% over 2021; participation in the sport reported a massive 20.5% increase over the past three years.

The U.S. market for camping and hiking gear is primarily driven by a combination of lifestyle trends, increasing interest in outdoor activities, and a growing awareness of health and wellness. In recent years, there has been a significant rise in consumer preference for a more active and nature-oriented lifestyle. Many individuals are seeking opportunities to disconnect from the digital world, escape urban environments, and reconnect with nature. As a result, camping and hiking have become popular recreational activities, driving the demand for specialized gear and equipment.

According to the 2023 Outdoor Participation Trends Report, the U.S. had a population of 59.6 million hikers in 2022, with 58.7 million people going hiking in 2021. In total, the outdoor recreation participant base in the U.S. grew to a record 168.1 million participants in 2022, representing 55% of the population aged six and older.

In November 2023, Garmin, a technological company, launched the Garmin eTrex Solar. The GPS device is designed for outdoor enthusiasts, offering a range of features to enhance navigation and tracking. It boasts an extra-long-lasting battery that can last up to 2.5 months without sunlight and 1,800 hours in Expedition Mode. The device features a 2.2-inch high-contrast display for easy viewing under bright sunlight, multi-band GPS support for superior positional accuracy, and a digital compass for accurate heading even when stationary.

The U.S. market for mass-priced camping and hiking gear is driven by several factors. One significant driver is the increasing popularity of camping and hiking as recreational pursuits among a diverse range of consumers. According to the Outdoor Industry Association, hiking was the most popular outdoor activity in 2022, with around 881,000 new hikers added that year. Camping was among the top five popular outdoor activities and had the second-highest growth rate over the past three years. As more people seek to disconnect from their daily routines and immerse themselves in nature, the demand for affordable and accessible camping and hiking gear has risen substantially.

key Request a free sample copy or view report summary: Hiking Gear & Equipment Market Report

Hiking Gear & Equipment Market Report Highlights

The clothes segment held the largest revenue share of 49.7% in the hiking gear & equipment industry in 2024, primarily due to increasing participation in outdoor activities and growing demand for specialized apparel.
The specialty stores segment held the largest revenue share of 46.2% in the hiking gear & equipment industry in 2024, primarily due to the ability of these stores to offer a curated selection of high-quality products and personalized customer service.
The North America hiking gear & equipment market held the largest revenue share of 62.6% in 2024, primarily due to the region's strong outdoor culture and the increasing popularity of hiking as a recreational activity.