Latest News- Outdoor Backpacks Market: Specialty stores is expected to lead the Distribution Channel segment during 2025-2029

The Outdoor Backpacks Market is being driven by Growing popularity of hiking among millennials

The Outdoor Backpacks Market is expected to grow at a CAGR of 5.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 997.1 million. The outdoor backpack market is witnessing significant growth due to the increasing demand for premium products. To cater to this demand, vendors are implementing strategies such as expedited delivery services and customization. Customization allows consumers to purchase backpacks tailored to their specific needs, thereby fostering customer loyalty. Notable market players, including Deuter and Thule Group, provide customizable options, such as adjustable lengths for Deuter's AirContact Lite and custom torso and shoulder adjustments for Thule hiking backpacks, ensuring a perfect fit for individual users. 

Get more information on Outdoor Backpacks Market by requesting a sample report

Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Distribution Channel
  • Specialty stores
  • Department stores
  • Hypermarkets and supermarkets
  • Online
  • Warehouse clubs
• Type
  • 15-60 liters
  • Above 60 litres
• Geography
  • APAC
    • China
    • Japan
  • North America
    • US
  • Europe
    • Germany
    • France
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing popularity of hiking among millennials
• Availability of outdoor backpacks online
• Increasing urbanization rate

However, the market also witnesses some limitations, which are as follows:

• Threat from counterfeit backpacks
• Increasing availability of outdoor rental backpacks
• Fluctuating raw material costs of backpacks

Benefits of Buying Global Outdoor Backpacks Market Research Report by Technavio

Rich Experience: 20+ years leading global market research, trusted insights across industries.

Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

Market Scope in Outdoor Backpacks Market Research Report

Request Free Sample

Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

The Outdoor Backpacks Market caters to travelers seeking eco-friendly options, with offline sales of hemp and organic cotton backpacks on the rise. Brands prioritize a circular economy, offering comfortable straps for cycling and trekking. Weather-resistant, durable packs made from recycled polyester and luminous materials appeal to adventure sports enthusiasts. Ethical production and take-back programs align with conscious consumers' environmental awareness. Nylon and polyester packs with specialized compartments are also available online for responsible travelers seeking minimal environmental impact and a sustainable lifestyle. Brands committed to climate action and responsible outdoor adventures continue to innovate, offering sustainable, eco-conscious options for hiking, camping, and outdoor recreation.

Market Research Overview

The Outdoor Backpacks market is a significant segment of the larger Global Leisure Products industry, which encompasses categories such as sports equipment, musical instruments, camping equipment, recreational vehicles, bicycles, toys, and other consumer-focused games. According to Technavio, the Household Durables market 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 will be fueled by several key factors, including the rise in health and fitness club memberships. With membership numbers on the upswing in the past decade, the health and fitness industry presents a promising growth opportunity. Concurrently, the number of health and fitness clubs continues to proliferate, further bolstering industry prospects. Additionally, the increasing popularity of synthetic fabrics like nylon in outdoor backpacks, coupled with the influence of social media on consumer trends, will further propel market growth.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/