North America Trekking Rucksack Market

Market Introduction

The trekking rucksack consumption of North America has been one of the highest in the world as the region consists of popular trekking trails. The Colorado Rocky Mountains and the pacific crest trail to the Appalachian Trail are some of the famous trekking destinations attracting people from North America as well as all over the world. The large prevalence of trekking groups presents in the region ensure continuous inflow of numerous people for trekking, therefore positively affecting the consumption of trekking rucksacks. As per a report published by outdoor industry association, thirty-four percent of outdoor consumers come from cities. The outdoor consumer group comprises of active, ethnically diverse, and young people who spend the most on outdoor gears. Moreover, older citizens are also getting involved in the outdoor activities to keep their health in check, wherein smaller treks are now witnessing greater popularity in the region. Additionally, parents are encouraging kids to take part in outdoor activities such as trekking as a part of healthy lifestyle.

North America is one of the worst-affected economies due to the COVID-19 pandemic. The US has the highest number of confirmed cases of coronavirus among all key countries in the region. This has negatively impacted the consumer goods industry in the region which is due to the impact of the COVID-19 pandemic on supply & distribution chains, and nationwide lockdown. However, according to Centers for Disease Control and Prevention, approximately 186.6 million people in the US were fully vaccinated by on 7th October 2021. The government is also planning to revive their operations soon. Slowly and gradually manufacturing units are being operationalized as well as various industries are recovering which will have a positive impact on the trekking rucksacks market.

North America Trekking Rucksack Strategic Insights

Strategic insights for the North America Trekking Rucksack provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Trekking Rucksack Report Scope

North America Trekking Rucksack Regional Insights

The geographic scope of the North America Trekking Rucksack refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The trekking rucksack market in North America is expected to grow from US$ 1,166.29 million in 2021 to US$ 1,578.04 million by 2028; it is estimated to grow at a CAGR of 4.4% from 2021 to 2028. Product innovation is an opportunistic growth strategy adopted by the market players to achieve a higher competitive edge over their competitors. Continuous investment in research and development is of utmost importance to launch innovative products in the market that cater to the changing consumer preferences. Surging use of rucksacks during trekking has brought up the various product features lacking in the existing products available in the market. Consumers are preferring ultra-lightweight, waterproof, and smart rucksacks. Thus, market players are introducing innovative trekking rucksacks and striving in this highly competitive market. Trekking rucksack manufacturers are focusing on the quality, material, and weight of the product to tackle the changing environmental conditions and evolving consumer preferences. For instance, Amer Sports, through its Arc'teryx brand provides waterproof rucksacks made from perfluorinated chemicals (PFCs) to cater the increasing demand for waterproof trekking rucksacks. Market players are also focusing on offering customized trekking rucksacks for women. There has been a continuous rise in the number of female trekkers. Thus, it is crucial to target such a lucrative customer segment by offering customized product solutions. Vendors such as Osprey Packs, Inc., and Mountain Hardwear offer trekking rucksacks specifically designed for women. The rucksacks are designed by fitting a back panel and shoulder straps to provide comfort to women trekkers. Customized rucksacks for women have a shorter torso length, enhanced shape, aesthetic appeal, setup, privacy, and spaciousness. Smart rucksacks introduced by the market players are incorporated with a charging port to enable trekkers to charge their mobile phones or other equipment while on a trek. Such products are also multipurpose in function as they can be used for trekking, camping, biking, hunting, hiking, and others. Hence, continuous product innovation to cater the changing customer preferences is expected to render profitable growth opportunities to the vendor’s active in the trekking rucksacks market.

Key Market Segments

In terms of capacity, the 25-50 litres segment accounted for the largest share of the North America trekking rucksack market in 2020. In terms of material, the nylon segment accounted for the largest share of the North America trekking rucksack market in 2020. In term of distribution channel, the specialty store segment held a larger market share of the trekking rucksack market in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the trekking rucksack market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Arcteryx; Deuter Sport GmbH; Osprey Packs, Inc.; HYPERLITE MOUNTAIN GEAR; GRANITE GEAR LLC; Equip Outdoor Technologies UK LTD; and Mufubu among others.

Reasons to buy report

• To understand the North America trekking rucksack market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for North America trekking rucksack market
• Efficiently plan M&A and partnership deals in North America trekking rucksack market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America trekking rucksack market
• Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.

North America Trekking Rucksack Market – By Capacity

• Upto 24 litres
• 25-50 litres
• More than 50 litres

North America Trekking Rucksack Market – By

Material

• Nylon
• Polyester
• Canvas
• Others

North America Trekking Rucksack Market – By

Distribution Channel

• Supermarkets and Hypermarkets
• Specialty Stores
• Online Retail
• Others     

North America Trekking Rucksack Market – By Country

• US
• Canada  
• Mexico     

North America Trekking Rucksack Market – Companies Mentioned

• Arcteryx                                                                         
• Deuter Sport GmbH                                                    
• Osprey Packs, Inc.                                                         
• HYPERLITE MOUNTAIN GEAR
• GRANITE GEAR LLC                                                                         
• Equip Outdoor Technologies UK LTD                        
• Mufubu