About Hiking Apparel
Growing preference for trekking and hiking across the globe has boosted the demand for hiking apparel in the market. Moreover, the rise in disposable income and changing lifestyles in developing countries is generating lucrative opportunities and propelling players to innovate new products according to the ever-changing customer preference. Hiking apparel is basically used in hiking and trekking activities for comfort, these clothes can be used by adult women and men, and kids as well. It is made of a material like polyester, wool, merinos, etc, and can be purchased through the online and offline distribution channels.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Leading key players of Hiking Apparel are focusing on strategic partnerships and new product launches to improve their products along with focusing on increasing their client base to strengthen market position. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Hiking Apparel market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Adidas AG (Germany), Nike Inc. (United States), Mammut Sports Group AG (Switzerland), Haglofs (Sweden), Patagonia, Inc. (United States), Marmot (United States), KLATTERMUSEN (Sweden), Columbia Sportswear Company (United States), The North Face (United States), Salewa (United States), Blackyak (South Korea) and Decathlon Group (France) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Toread (China), Lowa (United States), Scarpa (Italy) and Garmont (Italy).
Segmentation Overview
AMA Research has segmented the market of Global Hiking Apparel market by Type (Base Layers, Mid Layers, Outer Layers and Other) and Region.
On the basis of geography, the market of Hiking Apparel has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Material, the sub-segment i.e. Polyster will boost the Hiking Apparel market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Men will boost the Hiking Apparel market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Outdoor Activity Participation Among Young Adults and Increasing Consumption of Hiking Apparel Among Women
Market Growth Drivers:
Increasing Number of Travellers Globally Interested in Adventure Activities and Need for Safety and Comfort While Trekking and Hiking Requires Comfortable Apparel
Challenges:
Availability of Counterfeit Product and Rapid Change in Consumer Preference
Restraints:
Fluctuation in the Price of Cloth Material
Opportunities:
High Growth of E-Commerce Industry and Online Availability of the Hiking Apparel and Increasing Frequency of Trekking and Hiking Activities Globally
Market Leaders and their expansionary development strategies
In January 2024, DECATHLON completes the acquisition of Bergfreunde the German-based online specialist retailer for mountain sports, climbing, and outdoor equipment from Backcountry, the TSG Consumer-backed outdoor gear and apparel specialist in the US.
In July 2022, British brand inov-8 has announced the creation of its first clothing range for hikers. Already well-known to runners, the company has added to its hiking footwear with a lightweight apparel collection called Venturelite.
"The U.S. Customs and Border Protection (CBP) and the Federal Trade Commission (FTC) enforce labeling laws and acts in the United States. In general, textile and apparel products sold in the United States must be labeled with the following information: the fiber content, the country of origin, the manufacturer or dealer identity, and the care instructions."
Key Target Audience
Hiking Apparel Manufacturers, Hiking Apparel Distributors and Suppliers, Raw Material Suppliers, Hiking Apparel International Traders, Research and Development Institutes, Regulatory Bodies, Potential Investors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.