The analysts forecast the global outdoor backpacks market to grow at a CAGR of 4.48% during the period 2017-2021.
Global Outdoor Backpacks Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is use of advanced technology to improve product features. The key competitors are offering backpacks for regular adventurists and travelers, and they are continuously innovating in terms of materials, weight, and quality. The demand for technologically advanced backpacks from customers is constantly increasing because of a rise in the complexities of natural environments.
One of the major drivers for this market is growing popularity of adventure sports. With the fast-paced and busy lifestyle, consumers are looking out for ways to de-stress. Owing to such needs, the demand for leisure activities and outdoor sports is on the rise, especially in urban areas. This factor, coupled with the growing health-consciousness and need to stay fit and healthy, is driving a significant number of people toward taking alternative physical activities.
One of the major factors hindering the growth of this market is low awareness of outdoor activities in developing nations. There is a relatively low rate of awareness and interest in outdoor activities like camping, hiking, and trekking in developing countries. Individuals from these countries engage in outdoor activities only for fitness and other health needs. Though the youth population in emerging economies provides huge growth potential, key competitors still find it difficult to increase their customer base in these regions.
- Marmot Mountain
- Mountain Hardwear
Other prominent vendors
- AMG Group
- CamelBak Products
- Deuter Sport
- Gregory Mountain Products
- High Sierra
- Osprey Packs
- Sierra Designs
- The North Face
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by capacity
Part 07: Market segmentation by distribution channel
Part 08: Geographical segmentation
Part 09: Key leading countries
Part 10: Market drivers
Part 11: Impact of drivers
Part 12: Market challenges
Part 13: Impact of drivers and challenges
Part 14: Market trends
Part 15: Competitor landscape
Part 16: Key competitor analysis
For more information about this report visit https://www.researchandmarkets.com/research/kd6nx7/global_outdoor