The US hiking gear and equipment market is anticipated to grow at a considerable CAGR of 4.0% during the forecast period. The awareness related to the importance of outdoor sporting events has been increasing gradually among the young population over the years. This shift in opting fit and healthy lifestyle has positively impacted the hiking gear and equipment market. The US government has also been focusing on hiking trails in the country to promote these activities. This has created immense demand for hiking related products due to rising tourism within the US.
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Some of the key players in the hiking gear and equipment industry include VF Corp., Columbia Sportswear Co., Black Diamond Equipment Ltd., Amer Sports Corp., Nike Inc., Adidas AG. These players are creating awareness among users through marketing campaigns, new product launches, and by promoting hiking activity on social media, which is fuelling the market growth. For instance, in March 2020, MEC inaugurated its new flagship store in Olympic village at East avenue.
Market Coverage
- The market number available for – 2019-2026
- Base year- 2019
- Forecast period- 2020-2026
- Segment Covered-
- By Product
- By End-User
- By Distribution Channel
- Regions Covered – US
- Competitive Landscape-VF Corp., Columbia Sportswear Co., Black Diamond Equipment Ltd., Amer Sports Corp., Nike Inc., Adidas AG
Key questions addressed by the report
- What is the market growth rate?
- Which segment dominates the market in the base year?
- Which segment will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
US Hiking Gear and Equipment Market Report Segment
By Product
- Sleep Solution
- Shelter Solution
- Clothing
- Footwear
- Bags & Backpack
- Others
By End-User
- Men
- Women
- Kids
By Distribution Channel
- Online
- Retail Stores
A full report of US Hiking Gear and Equipment Market is available at: https://www.omrglobal.com/industry-reports/us-hiking-gear-and-equipment-market
