Hiking Gear and Equipment Market Size to grow by USD 5.72 billion between 2024-2028

Technavio, a leading provider of market research reports, has released its latest study on Hiking Gear and Equipment Market. This report offers a comprehensive analysis of the current market trends, emerging opportunities, and key challenges. The global hiking gear and equipment market has experienced significant growth due to the expanding e-commerce industry, driven by the widespread adoption of Internet-enabled smartphones in major markets like the US, China, and India. Leading brands such as Nike, Adidas, and Puma have capitalized on this trend by expanding their international reach through online retail channels, including their own websites and partnerships with platforms like Amazon.com. This shift to e-commerce empowers consumers to make informed purchasing decisions by comparing product specifications and prices. Furthermore, the advancement of logistics infrastructure in emerging economies, particularly China and India, is incentivizing vendors to establish a strong online presence in these markets.

Key Highlights

Growth Projections

The global hiking gear and equipment market  size is estimated to grow by USD 5.72 bn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  4.53% during the forecast period. Rising prominence of hiking as outdoor recreational activity is driving market growth, with a trend towards rapid growth in online sales of hiking gear and equipment  However, risks of accidents, injuries, and diseases associated with hiking  poses a challenge.Key market players include Adidas AG, ANTA Sports Products Ltd., Arcteryx Sports Corp., ASICS Corp., BOREAL, Columbia Sportswear Co., Exxel Outdoors LLC, Johnson Outdoors Inc., KEEN Inc., La Sportiva Spa, Lukas Meindl GmbH and Co. KG, Newell Brands Inc., Nike Inc., PUMA SE, Recreational Equipment Inc., Skechers USA Inc., Tecnica Group SpA, Under Armour Inc., VF Corp., and Wolverine World Wide Inc..

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Major Findings

• The hiking gear and equipment market have experienced significant growth due to the increasing popularity of hiking as an outdoor recreational activity. With more individuals seeking to connect with nature and engage in physically challenging pursuits, the demand for high-quality hiking equipment has risen. Companies specializing in this sector are responding by innovating and producing advanced gear designed to enhance the hiking experience, making it safer, more comfortable, and more enjoyable for enthusiasts.


• The hiking gear and equipment market is experiencing significant growth, driven in part by the increasing popularity of hiking as an outdoor activity. Hiking associations and organizations are playing a crucial role in this trend, promoting the benefits of hiking and encouraging more people to explore nature. These groups provide resources, education, and opportunities for individuals to connect with like-minded individuals, fostering a strong community of hikers. As a result, the demand for high-quality hiking equipment and gear is on the rise, with manufacturers and retailers responding with innovative products and solutions to meet the needs of this growing market.


• Hiking, while an enjoyable outdoor activity, carries inherent risks of accidents, injuries, and diseases. Exposure to extreme weather conditions, uneven terrain, and wildlife encounters can lead to injuries. Additionally, dehydration, sunburn, and altitude sickness are common health concerns. Proper preparation and use of appropriate hiking gear and equipment, such as sturdy footwear, protective clothing, first-aid kits, and navigation tools, can significantly reduce these risks and ensure a safe and enjoyable hiking experience.


• The hiking gear and equipment market is significantly influenced by weather conditions. Extreme temperatures, precipitation, and wind can impact the demand for specific types of equipment. For instance, during harsh winters, sales of insulated clothing, snowshoes, and crampons increase. Conversely, in warmer months, hikers may prioritize lightweight, waterproof gear. Weather conditions also affect the durability and functionality of equipment, necessitating regular updates and replacements.

Market Research Overview

According to Technavio, the global hiking gear and equipment market falls under the larger umbrella of the global leisure products market, which is itself a segment of the household durables market. This market encompasses various product categories, such as hiking gear and equipment, musical instruments, camping equipment, recreational vehicles, bicycles, toys, and other consumer-driven games. The global household durables market's size is determined by the consolidated revenue generated by manufacturers of household durables, including consumer electronics, home furnishings, homebuilding products, household appliances, houseware and specialties, and leisure products. The expansion of the global leisure products market is anticipated to be fueled by the rising trend of health and fitness club memberships, which have seen significant growth over the past decade.

The Hiking Gear and Equipment Market is experiencing significant growth, fueled by the Rising prominence of hiking as outdoor recreational activity. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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Regional Insights

The North American hiking gear and equipment market is experiencing significant growth, driven by the region's popularity among adventure tourists, particularly hikers. The United States leads the market, fueled by a surging demand for adventure tourism due to its abundant hiking destinations, such as the Grand Canyon and Yosemite National Parks. Canada is also contributing to the market expansion, with its advanced tourism infrastructure, attractive tourist sites, and diverse natural and architectural attractions. Overall, North America's robust hiking industry presents lucrative opportunities for market participants.

Research Analysis Overview

The hiking gear and equipment market have experienced significant growth in recent years, fueled by urbanization and the increasing popularity of outdoor sports and adventure tourism. Hiking, in particular, has seen a surge in interest, with both day hikes and multiple-day expeditions becoming popular choices for those seeking adventure and a connection with nature. Hiking clothing and accessories are essential for any hiker, with moisture-wicking fabrics, waterproof jackets, and sturdy hiking boots among the most sought-after items. Hiking tours and adventure travel packages offer guided experiences for those new to the sport, while video logging and social media have given hikers a platform to share their experiences and inspire others. Outdoor activities such as cycling and jogging have also contributed to the growth of the market, with many hikers incorporating these activities into their lifestyle. Adventure sports like hiking require specific equipment, including first aid kits, lighters, emergency equipment, and first aid supplies. Knives and other multi-purpose tools are also essential for any hiker, providing versatility and convenience on the trail. As the maturity stage of outdoor sports continues to grow, the demand for high-quality, durable hiking gear and equipment is expected to remain strong, making this an exciting market to watch for those in the outdoor industry.

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