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. In the dynamic outdoor backpacks market, vendors are implementing strategic initiatives to cater to the increasing demand for premium products. These strategies include expedited delivery services and customization options. Customization enables consumers to purchase backpacks tailored to their specific needs, thereby fostering customer loyalty. Notable market players, such as Deuter and Thule Group, provide customizable backpacks. For instance, Deuter's Deuter AirContact Lite, a 45-liter backpack, offers adjustable length based on user height. Thule Group's hiking backpacks can be customized according to torso length and shoulder adjustments, ensuring a perfect fit for the user. These customization features enable vendors to meet the unique requirements of consumers and maintain a strong market presence.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
205 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.4% |
Market growth 2025-2029 |
USD 997.1 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
4.8 |
Key countries |
US, China, Germany, Canada, India, South Korea, France, Japan, Italy, Brazil, UAE, UK, Spain, US, China, Japan, Germany, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Outdoor Backpacks Market encompasses various features that enhance the functionality and comfort of backpacks for outdoor activities. These include suspension systems, carrying capacity limits, pack weight optimization, comfort during load, packing techniques, gear organization systems, fabric tear resistance, abrasion resistance testing, waterproof fabric treatments, breathability rating, UV protection rating, pack volume measurement, weight transfer design, back length sizing, torso fit guidelines, shoulder strap padding, hip belt padding, load-bearing frame, pack material composition, zipper durability, buckle strength, seam sealing methods, internal frame materials, external frame components, accessory attachment points, and hydration system integration. Suspension systems distribute weight evenly, carrying capacity limits determine how much gear can be carried, pack weight optimization reduces the weight of the pack, comfort during load ensures ease of use, packing techniques optimize space, gear organization systems keep items accessible, fabric tear resistance and abrasion resistance testing ensure durability, waterproof fabric treatments protect against rain, breathability rating and UV protection rating maintain comfort, pack volume measurement determines size, weight transfer design optimizes weight distribution, back length sizing and torso fit guidelines ensure a proper fit, shoulder strap padding and hip belt padding enhance comfort, load-bearing frame supports heavy loads, pack material composition affects durability and weight, zipper durability and buckle strength ensure functionality, seam sealing methods protect against water, internal frame materials provide structure, external frame components add stability, accessory attachment points allow for additional gear, and hydration system integration keeps users hydrated.
The Outdoor Backpacks market is a significant segment of the larger 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's market research, the global Household Durables market, which includes the revenue generated by manufacturers of household durables like outdoor backpacks, is expected to grow due to several key factors. One such factor is the increasing trend of health and fitness, evidenced by the rise in health club memberships. These backpacks, featuring water-resistant fabrics, adjustable shoulder straps, ergonomic back panels, and hip belt stability, cater to the needs of outdoor enthusiasts and fitness enthusiasts alike, making them a valuable addition to the Household Durables market.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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