Hiking Gear & Equipment Industry Analysis 2025–2033: Growth Drivers & Competitive Outlook

MARKET OVERVIEW:
The global Hiking Gear & Equipment Market was valued at USD 7.2 Billion in 2024 and is expected to climb to USD 11.3 Billion by 2033, expanding at a steady CAGR of 4.89%. This growth is primarily driven by the increasing popularity of outdoor recreation, greater health awareness, advancements in gear technology, and rising demand for sustainable products. Urban expansion and easier access to hiking equipment are further reinforcing market momentum across various regions.

STUDY ASSUMPTION YEARS:
BASE YEAR: 2024
HISTORICAL PERIOD: 2019–2024
FORECAST PERIOD: 2025–2033

Hiking Gear & Equipment Market Key Takeaways:

• North America continues to be the largest market, underpinned by a well-established culture of outdoor adventure and recreational activities.
  
  
• Asia Pacific is the fastest-growing region, supported by improving living standards, increasing health consciousness, and growing interest in fitness.
  
  
• The market stood at USD 7.2 Billion in 2024 and is projected to reach USD 11.3 Billion by 2033, growing at a CAGR of 4.89%.
  
  
• Key product categories include Clothes, Footwear, Backpack, Equipment, and Others.
  
  
• Gender-wise segmentation includes Men, Women, and Kids.
  
  
• Distribution occurs through both Online and Offline channels.
  
  
• Consumers are gravitating towards smart, eco-conscious hiking gear such as GPS-enabled wearables and high-tech accessories.
  
  
• While offline sales remain dominant, the online segment is steadily gaining traction.
  
  

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MARKET GROWTH FACTORS:

1. Integration of Advanced Technologies in Hiking Equipment
   High-tech developments including GPS-enabled equipment, wearable integrations, and next-gen materials that provide lightweight yet robust performance are transforming the sector. Essential components today are smart backpacks with built-in tracking, performance textiles with moisture management, and electronic navigation aids. Seasoned hikers and enthusiasts alike are noticing these ideas, hence increasing the market's long-term value.
2. Growing Preference for Outdoor Fitness and Wellness Activities
   Hiking is becoming one of the most popular recreational activities as a worldwide movement toward active lifestyles arises. Encouraged by fitness influencers and adventure material on social media channels, this trend is prompting consumers to buy ergonomic, performance-driven equipment. Demand for premium apparel, footwear, and accessories keeps increasing as trail-based tourism and nature-centric activities get more well-known.
   
   
3. Shift Toward Sustainable and Ethical Outdoor Gear
   Market transformation is being driven by ecologically conscious buying habits. Consumers are more and more searching for recyclable materials and sustainably sourced inputs in their equipment. Brands are reacting with green production methods, certificates, and low-waste designs—creating eco-friendly innovation a significant competitive edge and long-term market growth engine.
   
   

MARKET SEGMENTATION:

Breakup by Product:

• Clothes
  
  
• Footwear
  
  
• Backpack
  
  
• Equipment
  
  
• Others
  
  

Breakup by Gender:

• Men
  
  
• Women
  
  
• Kids
  
  

Breakup by Distribution Channel:

• Online
  
  
• Offline
  
  

Breakup by Region:

• North America (United States, Canada)
  
  
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  
  
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  
  
• Latin America (Brazil, Mexico, Others)
  
  
• Middle East and Africa
  
  

REGIONAL INSIGHTS:
North America leads the global market, bolstered by widespread participation in hiking activities, a strong retail network, and a tech-savvy consumer base willing to invest in advanced gear. The presence of premium brands and a well-developed trail ecosystem continue to strengthen the region’s market leadership during the forecast years.

RECENT DEVELOPMENTS & NEWS:
In January 2025, Tripole Gears garnered significant attention after securing investment on Shark Tank India from Ritesh Agarwal. This funding has amplified visibility for India-made hiking equipment, promoting innovation, enhancing production capabilities, and fostering consumer trust in regional brands. The development marks a step forward for local market competitiveness and product advancement.

KEY PLAYERS:

• Amer Sports Oyj
  
  
• AMG Group Ltd.
  
  
• Black Diamond Equipment, Ltd. (Clarus Corp.)
  
  
• Equinox Industries Ltd.
  
  
• Marmot Mountain LLC (Newell Brands)
  
  
• Montbell Co. Ltd.
  
  
• Mountain Hardwear (Columbia Sportswear)
  
  
• Sierra Designs
  
  
• Tatonka GmbH
  
  
• VF Corporation
  
  

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