Hiking Gear and Equipment Market

By Product;

Clothes, Footwear, Backpacks, Equipment and Others

By Distribution Channel;

Specialty Stores, Department Stores and Online

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn039467963 Published Date: September, 2025 Updated Date: October, 2025

Hiking Gear and Equipment Market Overview

Hiking Gear and Equipment Market (USD Million)

Hiking Gear and Equipment Market was valued at USD 7,379.46 million in the year 2024. The size of this market is expected to increase to USD 11,243.37 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.2%.


Hiking Gear and Equipment Market

*Market size in USD million

CAGR 6.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.2 %
Market Size (2024)USD 7,379.46 Million
Market Size (2031)USD 11,243.37 Million
Market ConcentrationMedium
Report Pages391
7,379.46
2024
11,243.37
2031

Major Players

  • Decathlon S.A.
  • Nike Inc.
  • Adidas AG
  • Puma SE
  • Under Armour Inc.
  • Amer Sports Corporation
  • ASICS Corporation
  • Gap Inc.
  • VF Corporation New Balance Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Hiking Gear and Equipment Market

Fragmented - Highly competitive market without dominant players


The Hiking Gear and Equipment Market is undergoing a significant shift as adventure travel and outdoor fitness continue to rise in popularity. Growing demand for lightweight gear, high-performance footwear, and sustainable equipment is driving transformation across the industry. Eco-friendly innovations, ergonomic backpack designs, and smart navigation tools are boosting adoption, making hiking more accessible and efficient for enthusiasts worldwide.

Key Drivers Accelerating Growth
Increasing interest in outdoor recreation and fitness has boosted sales of advanced hiking solutions. More than 60% of hikers prefer compact and multipurpose gear to reduce weight on trails. Around 55% of consumers are choosing eco-conscious products, reflecting the growing importance of sustainability. At the same time, 50% of buyers highlight durability and comfort as key factors influencing purchases, pushing manufacturers to deliver more innovative and reliable solutions.

Advancements Strengthening Market Adoption
Smart innovations are reshaping the future of hiking equipment. Over 45% of newly introduced gear now includes GPS-enabled devices and energy-efficient lighting for safer treks. Nearly 40% of advanced backpacks come equipped with hydration systems and ergonomic features for enhanced usability. Additionally, 50% of upgraded footwear models now emphasize terrain adaptability and weather protection, strengthening the market’s ability to attract both casual and professional hikers.

Growth Prospects and Industry Outlook
The hiking gear industry shows strong prospects, fueled by consumer preference for innovation and sustainability. Over 65% of participants now seek portable and travel-friendly equipment, making versatility a core growth factor. Around 58% of outdoor enthusiasts value long-lasting gear that reduces replacement cycles. With nearly 52% of the market aligning with green production practices, opportunities for eco-focused advancements and premium-quality products are expanding steadily.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Distribution Channel
    3. Market Snapshot, By Region
  4. Hiking Gear and Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing interest in outdoor recreation activities
        2. Expansion of hiking trail infrastructure
        3. Rise in participation in hiking events and treks
        4. Popularity of iconic hiking routes
      2. Restraints
        1. Limited accessibility to hiking trails in some regions
        2. Seasonal variations affecting hiking activity
        3. Potential for accidents and injuries during hikes
      3. Opportunities
        1. Eco-Friendly Hiking Gear
        2. Guided Hiking Tours
        3. Rental & Subscription Models
        4. Technology for Navigation & Safety
    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. Competitive Rivalry
  5. Market Segmentation
    1. Hiking Gear and Equipment Market, By Product, 2021 - 2031 (USD Million)
      1. Clothes
      2. Footwear
      3. Backpacks
      4. Equipment
      5. Others
    2. Hiking Gear and Equipment Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Specialty Stores
      2. Department Stores
      3. Online
    3. Hiking Gear and Equipment Market, By Geography, 2021 - 2031 (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 Analysis
    1. Company Profiles
      1. VF Corporation (owns The North Face, JanSport, and other outdoor brands)
      2. Decathlon S.A.
      3. Nike, Inc.
      4. Adidas AG
      5. Patagonia, Inc.
      6. Columbia Sportswear Company
      7. Amer Sports (brand umbrella: Salomon, Arc’teryx, etc.)
      8. Under Armour, Inc.
      9. Puma SE
      10. Marmot Mountain, LLC
      11. Black Diamond Equipment, Ltd
      12. Osprey (OSP) / Osprey Packs
      13. MontBell Co., Ltd.
      14. Tatonka (TATONKA GmbH)
      15. Mountain Hardwear (a subsidiary of Columbia)
  7. Analyst Views
  8. Future Outlook of the Market