Global Trail Sport Gear Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

Clothes, Footwear, Backpacks, Equipments and Others.

By Distribution Channel;

Online and Offline.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn389537149 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Trail Sport Gear Market (USD Million), 2020 - 2030

In the year 2023, the Global Trail Sport Gear Market was valued at USD 5,176.77 million. The size of this market is expected to increase to USD 8,622.12 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 7.6%.

Trail Sport Gear typically refers to equipment, clothing, and accessories designed for outdoor activities such as hiking, trail running, camping, and similar pursuits. This gear is specifically crafted to withstand the rigors of outdoor environments, provide comfort and functionality, and enhance the overall experience of outdoor enthusiasts engaging in trail-based sports and activities. Trail sport gear may include items such as backpacks, hiking shoes, moisture-wicking clothing, hydration packs, trekking poles, tents, sleeping bags, and various other accessories tailored to the needs of individuals participating in outdoor adventures along trails and in wilderness settings. The surge in popularity of national and international sporting events like the Soccer World Cup, Olympic Games, and Cricket World Cup is driving the demand for trail sports gear. Additionally, the rise in lifestyle-related health concerns such as stress and obesity is motivating more individuals to engage in outdoor and fitness activities, spurring the need for various types of trail sports equipment. The increasing availability of renowned international athletic gear brands is further bolstering the demand for these products.

The active participation of women in sports is a significant factor expected to drive market growth. Notably, the gender gap in sports participation has narrowed, with England witnessing a decrease to 1.55 million in 2018, according to BBC. This trend is projected to continue, positively impacting equipment demand. Moreover, there's a gradual increase in spending on trail sports equipment for kids, attributed to growing awareness regarding the physical developmental benefits of such activities. India and China stand out as lucrative markets for trail sports gear. Factors such as rising disposable income, improved living standards, and a thriving manufacturing industry are driving product demand in these regions. Furthermore, the Asia Pacific region benefits from low production costs, further propelling market growth.

Companies are intensifying efforts to expand market presence by enhancing brand visibility through various channels including TV commercials, print media, internet, and social media platforms. Additionally, sponsorships with sports teams and partnerships with athletes and fitness enthusiasts are being leveraged to maximize market penetration. The endorsement of brands by social media influencers and sports personalities is also anticipated to contribute to market growth in the trail sports gear segment.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Distribution Channel
    3. Market Snapshot, By Region
  4. Global Trail Sport Gear Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing demand for eco-friendly and ethically sourced outdoor gear

        2. Increasing e-commerce platforms for Trail Sport Gear

        3. Increasing demand of customizable and personalized gear.

      2. Restraints
        1. Seasonal demand fluctuations

        2. Significant product liability risks and safety standards.

        3. Increased counterfeit products

      3. Opportunities
        1. Increasing emphasis on health and wellness

        2. Growing demand for environmentally sustainable products

        3. Introducing subscription-based services

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitve Rivalry
  5. Market Segmentation
    1. Global Trail Sport Gear Market, By Type, 2020 - 2030 (USD Million)
      1. Clothes
      2. Footwear
      3. Backpacks
      4. Equipment’s
      5. Others
    2. Global Trail Sport Gear Market, By Distribution Channel, 2020 - 2030 (USD Million)
      1. Online
      2. Offline
    3. Global Trail Sport Gear Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Adidas AG
      2. Amer Sports
      3. Callaway Golf Co.
      4. Sumitomo Rubber Industries Limited
      5. Nike, Inc.
      6. Puma SE
      7. Mizuno Corporation
      8. Sports Direct International PLC
      9. Under Armour
      10. Yonex Co., Ltd
  7. Analyst Views
  8. Future Outlook of the Market

ReAnIn's Most Viewed Titles:

Automotive & Transportation Automotive Components & Materials Trailer
Global Trailer Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Trailer Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Automotive & Transportation Automotive Components & Materials Trailer Spindles
Global Trailer Spindles Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Trailer Spindles Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Automotive & Transportation Automotive Components & Materials Trailer Surge Brake
Global Trailer Surge Brake Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Trailer Surge Brake Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Automotive & Transportation Automotive Components & Materials Trailer Axle
Global Trailer Axle Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Trailer Axle Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...