Active Backpack Industry: Market Dynamics and Future Prospects

The global active backpack market size is expected to reach USD 10.45 billion in 2030, expanding at a CAGR of 8.6% from 2023 to 2030, according to a new report by Grand View Research, Inc. The sales of athletic goods, especially active backpacks, have increased dramatically as a result of individuals taking up more recreational activities including hiking, camping, fishing, riding, running, and other sports. Additionally, because of their adaptability and utility, active backpacks have developed into a prominent fashion statement in recent years. Nowadays, a lot of backpacks feature attractive shapes, hues, and patterns, making them a chic addition to one's wardrobe and personality.

Active Backpack Market Report Highlights

·        Asia Pacific is expected to grow with the highest CAGR from 2023 to 2030. The well-established sports industry in the region and the rising popularity of active backpacks among people who like sports and treks are factors that fuel sales of active backpacks throughout the Asia Pacific region

·        The hiking/trekking segment is estimated to grow with the highest CAGR over the forecast period. The growth in demand for hiking backpacks is expected to be propelled by the introduction of more comfortable backpack designs, frequent product innovations catering to the needs of hikers, and a rise in outdoor recreational activities, especially among young people

·        Active backpacks with a size of less than 10L are anticipated to grow with the fastest CAGR over the forecast period. These backpacks are commonly utilized for low-equipment activities, such as running, cycling, and short hikes

·        Active backpacks ranging under $50 are expected to grow with the highest CAGR over the forecast period. The increasing participation in outdoor activities such as exercise and travel has created a rising need for reasonably priced backpacks that can endure the challenges of outdoor usage

·        The online sales channel segment is expected to grow with the highest CAGR over the forecast period. Online distribution channels offer various conveniences for shopping owing to which its use is increasing among consumers. Thus, surging the segment’s growth

Gain deeper insights on the market and receive your free copy with TOC now @: Active Backpack Market Report

The sports segment dominated the market by holding a major share in 2022. Over the past several years, there has been a steady rise in the number of people participating in sports as more people pursue an active lifestyle. This trend has been fueled by a variety of elements, such as growing knowledge of the health advantages of regular exercise, increased disposable incomes, and the accessibility to a wider variety of sports and fitness activities. Athletes and other people who participate in sports frequently have a greater need for gear like sports backpacks to complement their active lifestyles.

The specialty stores segment held the largest market share in 2022. Specialty shops frequently provide a large assortment of active backpacks from various manufacturers and at various price points. Customers can compare and select from a range of possibilities thanks to this, helping them locate a rucksack that suits their needs and preferences. Specialty shops frequently let clients try on backpacks to ensure a good fit and pleasant wear since sports enthusiasts or hikers need a backpack that fits well and is comfortable to carry during their activities.

North America accounted for the largest share of the market The availability of various adventure sports venues in the United States and Canada is the main factor driving the market. Backpack usage has expanded as a result of the growing number of sports enthusiasts in North America, which will support market expansion. Additionally, it is anticipated that throughout the forecast period, demand for active backpacks would increase due to better product visibility and the region's well-established sports industry. Active backpacks are easy to use and provide the best support for outdoor activities.

For More Details or Sample Copy please visit link @: https://www.grandviewresearch.com/industry-analysis/active-backpack-market-report/request/rs1

List of Key Players in the Active Backpacks Market

·        Arc'teryx

·        CamelBak

·        Deuter Sport GmbH

·        Samsonite IP Holdings S.AR.L

·        JanSport, a VF Company

·        Kelty

·        Osprey Packs

·        The North Face

·        Patagonia, Inc.

·        Columbia Sportswear

Research Methodology

We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.

Segmented the global active backpack market based on type, size, price point, distribution channel, and region

For Customized reports or Special Pricing please visit @: https://www.grandviewresearch.com/checkout/select-license/active-backpack-market-report

Table of Contents

Chapter 1. Methodology and Scope

          1.1. Market Segmentation & Scope

           1.2. Market Definition

           1.3. Information Procurement

             1.3.1. Purchased Database

             1.3.2. GVR’s Internal Database

             1.3.3. Secondary Types & Third-Party Perspectives

             1.3.4. Primary Research

           1.4. Information Analysis

             1.4.1. Data Analysis Models

           1.5. Market Formulation & Data Visualization

           1.6. Data Validation & Publishing

Chapter 2. Executive Summary

           2.1. Market Outlook

           2.2. Type Outlook

           2.3. Size Outlook

           2.4. Price Point Outlook

           2.5. Distribution Channel Outlook

           2.6. Regional Outlook

Chapter 3. Active Backpack Market Variables, Trends & Scope

           3.1. Market Lineage Outlook

           3.2. Industry Value Chain Analysis

             3.2.1. Raw Material Outlook

             3.2.2. Manufacturing and Technology Outlook

             3.2.3. Profit Margin Analysis

           3.3. Market Dynamics

             3.3.1. Market Driver Analysis

             3.3.2. Market Restraint Analysis

             3.3.3. Market Opportunities

             3.3.4. Market Challenges

           3.4. Industry Analysis - Porter’s Five Forces Analysis

           3.5. Market Entry Strategies

Chapter 4. Consumer Behavior Analysis

           4.1. Demographics Analysis

           4.2. Consumer Trends and Preferences

           4.3. Factors Affecting Buying Decision

           4.4. Consumer Type Adoption

           4.5. Key Observations & Findings

Chapter 5. Active Backpack Market: Type Estimates & Trend Analysis

           5.1. Type Movement Analysis & Market Share, 2022 & 2030

           5.2. Hiking/Trekking

             5.2.1. Hiking/Trekking active backpack market estimates and forecast, 2017 - 2030 (USD Million)

           5.3. Camping and Travelling

             5.3.1. Camping and traveling active backpack market estimates and forecast, 2017 - 2030 (USD Million)

           5.4. Sports

             5.4.1. Sports active backpack market estimates and forecast, 2017 - 2030 (USD Million)

Chapter 6. Active Backpack Market: Size Estimates & Trend Analysis

           6.1. Size Movement Analysis & Market Share, 2022 & 2030

           6.2. Less than 10L

             6.2.1. Less than 10L active backpack market estimates and forecast, 2017 - 2030 (USD Million)

           6.3. 10L-20L

             6.3.1. 10L-20L active backpack market estimates and forecast, 2017 - 2030 (USD Million)

           6.4. 20L-40L

             6.4.1. 20L-40L active backpack market estimates and forecast, 2017 - 2030 (USD Million)

Chapter 7. Active Backpack Market: Price Point Estimates & Trend Analysis

           7.1. Price Point Movement Analysis & Market Share, 2022 & 2030

           7.2. Under $50

             7.2.1. Under $50 active backpack market estimates and forecast, 2017 - 2030 (USD Million)

           7.3. $51 - $100

             7.3.1. $51 - $100 active backpack market estimates and forecast, 2017 - 2030 (USD Million)

           7.4. $101 - $150

             7.4.1. $101 - $150 active backpack market estimates and forecast, 2017 - 2030 (USD Million)

           7.5. $151 - $200

             7.5.1. $151 - $200 active backpack market estimates and forecast, 2017 - 2030 (USD Million)

           7.6. $201 - $250

             7.6.1. $201 - $250active backpack market estimates and forecast, 2017 - 2030 (USD Million)

           7.7. Above $250

             7.7.1. Above $250 active backpack market estimates and forecast, 2017 - 2030 (USD Million)

Chapter 8. Active Backpack Market: Distribution Channel Estimates & Trend Analysis

           8.1. Distribution Channel Movement Analysis & Market Share, 2022 & 2030

           8.2. Specialty Stores

             8.2.1. Active backpack apparel market estimates and forecast through specialty stores, 2017 - 2030 (USD Million)

           8.3. Retail Stores

             8.3.1. Active backpack apparel market estimates and forecast through retail stores, 2017 - 2030 (USD Million)

           8.4. Online

             8.4.1. Active backpack apparel market estimates and forecast through online distribution channel, 2017 - 2030 (USD Million)