The trekking rucksack market was valued at US$ 3,349.66 million in 2021 and is projected to reach US$ 4,627.68 million by 2028; it is expected to grow at a CAGR of 4.7% from 2021 to 2028.
Trekking rucksack is a type of backpack with additional pockets and hip or chest belts to carry a heavier load while trekking. Manufacturers of these sacks focus on the quality, material, and weight of the product to meet evolving consumer preferences that are influenced by comfort and environmental conditions. For instance, Amer Sports, through its Arc'teryx brand provides waterproof rucksacks made from perfluorinated chemicals (PFCs). Market players are also focusing on offering customized trekking rucksacks for women as the number of female trekkers is continuously rising worldwide.
In 2020, North America held the largest share of the trekking rucksack market. However, Asia-Pacific is estimated to register the highest CAGR in the market during the forecast period. In North America, the Colorado Rocky Mountains and the pacific crest trail to the Appalachian Trail are a few of the famous trekking destinations, attracting people from the region and other part of the world. Thus, the continuous inflow of a large number of trekkers is boosting the consumption of trekking rucksacks. As per a report published by an outdoor industry association, 34% of consumers of outdoor recreation products comprise of active, ethnically diverse, and young people, residing in cities. Moreover, elderly citizens are also getting involved in the outdoor activities to keep their health in check, which is adding to the popularity of smaller treks in North America.
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Trekking Rucksack Market: Strategic Insights
Market Size Value in US$ 3,349.66 million in 2021 Market Size Value by US$ 4,627.68 million by 2028 Growth rate CAGR of 4.7% from 2021 to 2028 Forecast Period 2021-2028 Base Year 2021
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Trekking Rucksack Market: Strategic Insights
| Market Size Value in | US$ 3,349.66 million in 2021 |
| Market Size Value by | US$ 4,627.68 million by 2028 |
| Growth rate | CAGR of 4.7% from 2021 to 2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
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Impact of COVID-19 Pandemic on Trekking Rucksack Market
Initially, the COVID-19 pandemic had a negative impact on the trekking rucksacks market. The outbreak distorted operational efficiency and disrupted value chains due to the shutdown of national and international boundaries, creating revenue loss and damage. Nationwide lockdown propelled people to stay at home. Additionally, the discontinuation of production had a negative impact on the trekking rucksacks market in the first half of 2020. The shuttering of retail stores, convenience stores, supermarkets, and hypermarkets, among other distribution channels of trekking rucksack providers, hampered their sales. However, with an increasing number of people being vaccinated, there has been an ease in the lockdown restrictions. International and domestic travel has resumed with increasing preference for recreational activities and adventure tourism among the global populace. The number of hikers witnessed a dramatic surge in 2021 compared to the previous year 2020. People are opting for trekking as a weekend getaway to maintain a physical and mental health balance. Thus, the demand for trekking rucksacks is increasing globally.
Market Insights
Beneficial Product Features Boost Trekking Rucksack Market Growth
Trekking rucksack is a backpack with additional pockets and hip or chest belts to carry a heavier load while trekking. Trekkers use such rucksacks while on a day hike or short overnight trek to carry essential apparels, equipment, and accessories, and food and water. An ideal rucksack is light weight; waterproof; expandable; offers good back ventilation; and has good pocket organization, durable zippers, and adjustable belts. Such beneficial features make them a desired choice among trekkers.
A rucksack with a capacity of more than 50 litres is suitable for weekend hikes as well as for week-long backpacking adventures. The adjustable belts and straps incorporated on them allows the adjustment of the position of the rucksack as per the torso length and waist size of the trekker, thus ensuring a smooth and comfortable trekking experience. Additionally, the shoulder straps/belts are padded with honeycomb structure to facilitate even distribution of pressure. The adjustable feature of the body-hugging belts and straps also helps in maintaining proper balance while trekking.
Capacity Insights
Based on capacity, the global trekking rucksack market is segmented into upto 20 litres, 20–50 litres, and more than 50 litres . These rucksacks are designed for multiday use and are used for carrying heavier loads than daypacks. Most of these rucksacks will have all features present in a daypack, but with additional fixing points, padding, and pockets. The rucksacks also have space to carry any extra gears or equipment that a traveler would need through the trek. The rucksack is ideal for those who go on an overnight trip. The 50 litres rucksack is sufficient to fit sleeping bag, tent, and clothing for a 3-day hike. The segment is one of the most popular as numerous travelers go on weekend treks and would have a target audience of consumers who are lite to moderate travelers. The segment is expected to see high growth prospects as more number of people are taking part in outdoor recreational activities and two-day treks are one of the most popular among travelers.
Material Insights
Based on material, the global trekking rucksack market is segmented into nylon, polyester, canvas, and others. The nylon segment accounts for the largest market share. The polyester segment is expected to register the highest CAGR in teg market during the forecast period. Nylon, also known as thermoplastic, is an artificial polymer that is typically derived from petroleum. It is durable, lightweight, and smooth. Moreover, it can be modified into any design or shape by adding a delustering agent when it is in the molten stage, making it a flexible fiber. The material has higher elasticity, which allows the comfortable accommodation of large amounts of luggage in these rucksacks. Moreover, due to the product’s excellent flexibility, the material can comfortably go back to its original state without any creases and wrinkles. Generally, when the material is stretched for too long the fibers become soft and thin but retain their strength. Nylon also low absorbency rate, which provides the rucksacks water resistance and makes them ideal for the use in tropical areas. The nylon rucksacks are easy to clean; since the fabric is smooth, dirt does not cling on to its surface. Moreover, nylon rucksacks are 100% resistant to fungi, mildew, or mold as well as alkaline environments.
Distribution Channel Insights
Based on distribution channel, the global trekking rucksack market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The specialty stores segment accounted for the largest market share in 2020, and the online retail segment is expected to register the highest CAGR in the market during the forecast period. The specialty stores are among the most prominent distribution channels for trekking rucksack market players as they offer specific product categories with a wider variety than supermarkets and hypermarkets. A few of the popular specialty stores include Sport Scheck, Sport 2000, and Intersport. Due to strong brand loyalty for certain brands of trekking rucksacks, people prefer buying these products in specialty stores. The specialty stores employ promotional campaigns to attract customers and maintain a consistent visitor inflow. These stores are usually placed in major retail locations, including shopping complexes and malls, and use merchandising techniques for providing an overall rich shopping experience for the consumers. These stores also offer numerous other outdoor recreational products, such as mountaineering equipment, which further enhances product exposure to target audience. Many stores are adopting advanced digital tools to enhance the shopping experience for consumers. For instance, Timberland recently began incorporating the RFID chips in all products in their New York location. Upon placing the products near tablets, product information is displayed on the tablets. Recommended and related items are also displayed, and the customer can choose items to add to their personal collection.
A few players operating in the trekking rucksack market are Arc’teryx; Deuter Sport GmbH; Equip Outdoor Technologies UK LTD; Granite Gear LLC; Mufubu; Tripole Gears; Vango; Wildcraft; Osprey Packs, Inc; and Hyperlite Mountain Gear Inc. These companies present a wide product portfolio in the market. The companies have presence in developing regions, thus providing lucrative opportunities for the trekking rucksack market growth in these regions. The market players are developing high-quality and innovative products to fulfil the customer’s requirements.
Report Spotlights
- Progressive industry trends in the trekking rucksack market to help players develop effective long-term strategies
- Business growth strategies adopted by players to cater developed and developing markets
- Quantitative analysis of the trekking rucksack market from 2019 to 2028
- Estimation of global demand for trekking rucksacks
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry
- Recent developments to understand the competitive market scenario
- Market trends and outlook as well as factors driving and restraining the growth of the trekking rucksack market
- Assistance in decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
- The size of the trekking rucksack market size at various nodes
- Detailed overview and segmentation of the market, as well as the trekking rucksack industry dynamics
- Size of the trekking rucksack market in various regions with promising growth opportunities
Trekking Rucksack Market Report Scope
Trekking Rucksack Market – by Capacity
- Upto 20 Litres
- 20–50 Litres
- More Than 50 Litres
Trekking Rucksack Market – by Material
Trekking Rucksack Market – by Material
- Nylon
- Polyester
- Canvas
- Others
Trekking Rucksack Market – by Distribution Channel
Trekking Rucksack Market – by Distribution Channel
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Retail
- Others
Company Profiles
Company Profiles
- Arcteryx
- Deuter Sport GmbH
- Equip Outdoor Technologies UK Ltd
- Granite Gear LLC
- Mufubu
- Tripole Gears
- Vango
- Wildcraft
- Osprey Packs, Inc
- Hyperlite Mountain Gear Inc.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Capacity, Material and Distribution Channel
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
More than 50 litres segment has led the trekking rucksack market in 2021. The trekking rucksacks with capacity of more than 50 litres is ideal for an extended trek which would include backpacking around a large area and camping multiple times. These rucksacks have plenty storage pockets and are able to hold a substantial amount of load. A 65 litres rucksack is extremely popular among travelers who are willing to go on expedition treks. For a weeklong trip, most consumers purchase 70 to 80 litres rucksacks. The larger rucksacks are generally made from the most durable materials that do not wear out easily and can withstand the harshness of sun and other weather conditions. This segment is therefore more expensive than others, however, the number of units sold are comparatively less. The segment is expected to growth over the forecast period as more travelers are getting engaged in longer, expedition treks and would result in increased demand for the product.
APAC is estimated to register the fastest CAGR in the market over the forecast period. The Asia Pacific (APAC) region comprises countries such as Australia, China, India, Japan, South Korea, and other Asian countries. In the Asia Pacific region, the tourism industry has seen impressive growth in recent years. The growth of the trekking rucksack market in the Asia Pacific region is mainly attributed to the rise in the number of outdoor and recreational activities. The importance of outdoor activities is increasing among people due to fitness trends, and recreational activities. The consumer attraction towards different outdoor activities such as trekking and others across the region is growing. Many people from the region are opting to go for frequent treks and camps. The growing preference of people for various outdoor activities encourages them to invest in commodities necessary for these activities. The rucksack is one of the essential items in trekking. These rucksacks carry all essential items. The rucksacks allow carrying heavy loads more easily. Trekking helps to improve physical health immensely. Hence, the increase in outdoor activities in the region will boost the demand for various trekking equipment including trekking rucksacks in the region.
Online retail segment is the fastest growing segment in the global trekking rucksack market during the forecasted period. E-commerce platforms offer a wide range of product categories to customers across the globe. Consumers can buy the product of their choice just by sitting at their homes or offices. Over the past few years, consumers have started purchasing various outdoor recreation products and beverages, including trekking rucksacks, through online retail channels due to the ease of accessibility, availability of a wide range of products, the convenience offered by these channels in terms of delivery of the products, cashback, discount coupons, and attractive deals. The growth of digital technology has transformed consumers’ purchasing journey and empowered them. Due to online purchase option, consumers are no longer forced to funnel through linear path to make a purchase, but can meander at their leisure through social networks, devices, and various other channels. The savvy and informed consumers prefer to do their own research before purchasing a product. The consumers may learn about the product through socializing, exploring, shopping, browsing, etc. The online channels are therefore using this knowledge to convert more customers by developing interface between tools and consumers that make them think quickly and act fast. Studies by Google and McKinsey have revealed that the true behavior of consumers is in pulling the information from various social media, online videos, blogs, and reviews; and quickly shift brands, channels, modes, and devices to find the right product for them. The platforms are also using technology such as virtual reality to attract more customers to the activity of hiking & trekking. For instance, Mercell created a “walk around†experience with Oculus Rift VR viewer to explore a virtual rickety bridge high in the Dolomites. The ongoing COVID-19 pandemic has boosted the sales of online retail channels as physical stores were shut because of the extended nationwide lockdowns. This is expected to open numerous opportunities for e-commerce platforms over the forecast period.
Polyester, much like nylon, is also made from petroleum compounds and was discovered by Dupont in 1930s. The main characteristics of polyester include durability, strength, and light-weight nature. Polyester as a fabric is mildew, stain, & mold resistant, wrinkle resistant, and is easy to care for. Polyester outstands in the material segment since it can be made into finer threads, wherein the thread count of a fabric does not significantly increase the weight of the product. Polyester is also resistant to abrasion compared to nylon rucksacks. Polyester rucksacks pill less, enabling them to look new for longer period of time, whereas pilling can cause other fabrics such as nylon to fray at its edges. Moreover, polyester is highly receptive to color dyes. The material also fades less and holds color better when exposed to the harmful UV rays while trekking, therefore polyester is best in the category of bright colored rucksacks. Polyester is a comparatively eco-friendly as it can be conveniently and efficiently recycled. The material can also be derived from post-consumer recycled water bottles, reducing the overall carbon footprint product. The factor is expected to attract increased number of consumers to buy polyester due to rising environmental awareness among consumers. Thus, polyester is more durable compared to other mainstream materials driving the demand for the material over the forecast period.
The major players operating in the trekking rucksack market are Arc’teryx, Deuter Sport Gmbh, Equip Outdoor Technologies UK LTD, Granite Gear, LLC, Mufubu, Tripole Gears, Vango, Wildcraft, Osprey Packs, Inc, and Hyperlite Mountain Gear Inc.
In 2021, North America held the largest revenue share of the global trekking rucksack market. The trekking rucksack consumption of North America has been one of the highest in the world as the region consists of popular trekking trails. The Colorado Rocky Mountains and the pacific crest trail to the Appalachian Trail are some of the famous trekking destinations attracting people from North America as well as all over the world. The large prevalence of trekking groups presents in the region ensure continuous inflow of numerous people for trekking, therefore positively affecting the consumption of trekking rucksacks. As per a report published by outdoor industry association, thirty-four percent of outdoor consumers come from cities. The outdoor consumer group comprises of active, ethnically diverse, and young people who spend the most on outdoor gears. Moreover, older citizens are also getting involved in the outdoor activities to keep their health in check, wherein smaller treks are now witnessing greater popularity in the region. Additionally, parents are encouraging kids to take part in outdoor activities such as trekking as a part of healthy lifestyle.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data
4. Global Trekking Rucksack Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia Pacific
4.2.4 Middle East and Africa
4.2.5 South and Central America
4.3 Expert Opinion
5. Trekking Rucksack Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Beneficial Product Features
5.1.2 Increasing Popularity of Outdoor Sports and Recreational Activities
5.2 Market Restraint
5.2.1 Surging Demand for Rental Trekking Gear
5.3 Market Opportunities
5.3.1 Product Innovation
5.4 Future Trends
5.4.1 Rising Trend of Flashpacking/Poshpacking
5.5 Impact Analysis of Drivers and Restraint
6. Trekking Rucksack – Global Market Analysis
6.1 Trekking Rucksack Market Overview
6.2 Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
6.3 Competitive Positioning – Key Market Players
7. Global Trekking Rucksack Market Analysis – By Capacity
7.1 Overview
7.2 Trekking Rucksack Market, By Category (2020 and 2028)
7.3 Upto 24 Litres
7.3.1 Overview
7.3.2 Upto 24 Litres: Trekking Rucksack Market – Revenue and Forecast To 2028 (US$ Million)
7.4 25–50 Litres
7.4.1 Overview
7.4.2 25–50 Litres: Trekking Rucksack Market – Revenue and Forecast To 2028 (US$ Million)
7.5 More Than 50 Litres
7.5.1 Overview
7.5.2 More Than 50 Litres: Trekking Rucksack Market – Revenue and Forecast To 2028 (US$ Million)
8. Trekking Rucksack Market Analysis – By Material
8.1 Overview
8.2 Trekking Rucksack Market, By Material (2020 and 2028)
8.3 Nylon
8.3.1 Overview
8.3.2 Nylon: Trekking Rucksack Market – Revenue and Forecast To 2028 (US$ Million)
8.4 Polyester
8.4.1 Overview
8.4.2 Polyester: Trekking Rucksack Market – Revenue and Forecast To 2028 (US$ Million)
8.5 Canvas
8.5.1 Overview
8.5.2 Canvas: Trekking Rucksack Market – Revenue and Forecast To 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Trekking Rucksack Market – Revenue and Forecast To 2028 (US$ Million)
9. Trekking Rucksack Market Analysis – By Distribution Channel
9.1 Overview
9.2 Trekking Rucksack Market, By Distribution Channel (2020 and 2028)
9.3 Supermarkets and Hypermarkets
9.3.1 Overview
9.3.2 Supermarkets and Hypermarkets: Trekking Rucksack Market – Revenue and Forecast To 2028 (US$ Million)
9.4 Specialty Stores
9.4.1 Overview
9.4.2 Specialty Stores: Trekking Rucksack Market – Revenue and Forecast To 2028 (US$ Million)
9.5 Online Retail
9.5.1 Overview
9.5.2 Online Retail: Trekking Rucksack Market – Revenue and Forecast To 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Trekking Rucksack Market – Revenue and Forecast To 2028 (US$ Million)
10. Global Trekking Rucksack Market – Geographic Analysis
10.1 Overview
10.2 North America: Trekking Rucksack Market
10.2.1 North America: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America: Trekking Rucksack Market, by Capacity
10.2.3 North America: Trekking Rucksack Market, by Material
10.2.4 North America: Trekking Rucksack Market, by Distribution Channel
10.2.5 North America: Trekking Rucksack Market, by Key Country
10.2.5.1 US: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.2.5.1.1 US: Trekking Rucksack Market, by Capacity
10.2.5.1.2 US: Trekking Rucksack Market, by Material
10.2.5.1.3 US: Trekking Rucksack Market, by Distribution Channel
10.2.5.2 Canada: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada: Trekking Rucksack Market, by Capacity
10.2.5.2.2 Canada: Trekking Rucksack Market, by Material
10.2.5.2.3 Canada: Trekking Rucksack Market, by Distribution Channel
10.2.5.3 Mexico: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico: Trekking Rucksack Market, by Capacity
10.2.5.3.2 Mexico: Trekking Rucksack Market, by Material
10.2.5.3.3 Mexico: Trekking Rucksack Market, by Distribution Channel
10.3 Europe: Trekking Rucksack Market
10.3.1 Europe: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: Trekking Rucksack Market, by Capacity
10.3.3 Europe: Trekking Rucksack Market, by Material
10.3.4 Europe: Trekking Rucksack Market, by Distribution Channel
10.3.5 Europe: Trekking Rucksack Market, by Key Country
10.3.5.1 Germany: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 Germany: Trekking Rucksack Market, by Capacity
10.3.5.1.2 Germany: Trekking Rucksack Market, by Material
10.3.5.1.3 Germany: Trekking Rucksack Market, by Distribution Channel
10.3.5.2 France: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 France: Trekking Rucksack Market, by Capacity
10.3.5.2.2 France: Trekking Rucksack Market, by Material
10.3.5.2.3 France: Trekking Rucksack Market, by Distribution Channel
10.3.5.3 Italy: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 Italy: Trekking Rucksack Market, by Capacity
10.3.5.3.2 Italy: Trekking Rucksack Market, by Material
10.3.5.3.3 Italy: Trekking Rucksack Market, by Distribution Channel
10.3.5.4 United Kingdom: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 United Kingdom: Trekking Rucksack Market, by Capacity
10.3.5.4.2 United Kingdom: Trekking Rucksack Market, by Material
10.3.5.4.3 United Kingdom: Trekking Rucksack Market, by Distribution Channel
10.3.5.5 Russia: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Russia: Trekking Rucksack Market, by Capacity
10.3.5.5.2 Russia: Trekking Rucksack Market, by Material
10.3.5.5.3 Russia: Trekking Rucksack Market, by Distribution Channel
10.3.5.6 Rest of Europe: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe: Trekking Rucksack Market, by Capacity
10.3.5.6.2 Rest of Europe: Trekking Rucksack Market, by Material
10.3.5.6.3 Rest of Europe: Trekking Rucksack Market, by Distribution Channel
10.4 Asia Pacific: Trekking Rucksack Market
10.4.1 Asia Pacific: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.4.2 Asia Pacific: Trekking Rucksack Market, by Capacity
10.4.3 Asia Pacific: Trekking Rucksack Market, by Material
10.4.4 Asia Pacific: Trekking Rucksack Market, by Distribution Channel
10.4.5 Asia Pacific: Trekking Rucksack Market, by Key Country
10.4.5.1 Australia: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.1.1 Australia: Trekking Rucksack Market, by Capacity
10.4.5.1.2 Australia: Trekking Rucksack Market, by Material
10.4.5.1.3 Australia: Trekking Rucksack Market, by Distribution Channel
10.4.5.2 China: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.2.1 China: Trekking Rucksack Market, by Capacity
10.4.5.2.2 China: Trekking Rucksack Market, by Material
10.4.5.2.3 China: Trekking Rucksack Market, by Distribution Channel
10.4.5.3 India: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.3.1 India: Trekking Rucksack Market, by Capacity
10.4.5.3.2 India: Trekking Rucksack Market, by Material
10.4.5.3.3 India: Trekking Rucksack Market, by Distribution Channel
10.4.5.4 Japan: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.4.1 Japan: Trekking Rucksack Market, by Capacity
10.4.5.4.2 Japan: Trekking Rucksack Market, by Material
10.4.5.4.3 Japan: Trekking Rucksack Market, by Distribution Channel
10.4.5.5 South Korea: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.5.1 South Korea: Trekking Rucksack Market, by Capacity
10.4.5.5.2 South Korea: Trekking Rucksack Market, by Material
10.4.5.5.3 South Korea: Trekking Rucksack Market, by Distribution Channel
10.4.5.6 Rest of Asia Pacific: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.6.1 Rest of Asia Pacific: Trekking Rucksack Market, by Capacity
10.4.5.6.2 Rest of Asia Pacific: Trekking Rucksack Market, by Material
10.4.5.6.3 Rest of Asia Pacific: Trekking Rucksack Market, by Distribution Channel
10.5 Middle East and Africa: Trekking Rucksack Market
10.5.1 Middle East and Africa: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.5.2 Middle East and Africa: Trekking Rucksack Market, by Capacity
10.5.3 Middle East and Africa: Trekking Rucksack Market, by Material
10.5.4 Middle East and Africa: Trekking Rucksack Market, by Distribution Channel
10.5.5 Middle East and Africa: Trekking Rucksack Market, by Key Country
10.5.5.1 South Africa: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.5.5.1.1 South Africa: Trekking Rucksack Market, by Capacity
10.5.5.1.2 South Africa: Trekking Rucksack Market, by Material
10.5.5.1.3 South Africa: Trekking Rucksack Market, by Distribution Channel
10.5.5.2 Saudi Arabia: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.5.5.2.1 Saudi Arabia: Trekking Rucksack Market, by Capacity
10.5.5.2.2 Saudi Arabia: Trekking Rucksack Market, by Material
10.5.5.2.3 Saudi Arabia: Trekking Rucksack Market, by Distribution Channel
10.5.5.3 UAE: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.5.5.3.1 UAE: Trekking Rucksack Market, by Capacity
10.5.5.3.2 UAE: Trekking Rucksack Market, by Material
10.5.5.3.3 UAE: Trekking Rucksack Market, by Distribution Channel
10.5.5.4 Rest of MEA: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.5.5.4.1 Rest of MEA: Trekking Rucksack Market, by Capacity
10.5.5.4.2 Rest of MEA: Trekking Rucksack Market, by Material
10.5.5.4.3 Rest of MEA: Trekking Rucksack Market, by Distribution Channel
10.6 South and Central America: Trekking Rucksack Market
10.6.1 South and Central America: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.6.2 South and Central America: Trekking Rucksack Market, by Capacity
10.6.3 South and Central America: Trekking Rucksack Market, by Material
10.6.4 South and Central America: Trekking Rucksack Market, by Distribution Channel
10.6.5 South and Central America: Trekking Rucksack Market, by Key Country
10.6.5.1 Brazil: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.6.5.1.1 Brazil: Trekking Rucksack Market, by Capacity
10.6.5.1.2 Brazil: Trekking Rucksack Market, by Material
10.6.5.1.3 Brazil: Trekking Rucksack Market, by Distribution Channel
10.6.5.2 Argentina: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.6.5.2.1 Argentina: Trekking Rucksack Market, by Capacity
10.6.5.2.2 Argentina: Trekking Rucksack Market, by Material
10.6.5.2.3 Argentina: Trekking Rucksack Market, by Distribution Channel
10.6.5.3 Rest of South and Central America: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.6.5.3.1 Rest of South and Central America: Trekking Rucksack Market, by Capacity
10.6.5.3.2 Rest of South and Central America: Trekking Rucksack Market, by Material
10.6.5.3.3 Rest of South and Central America: Trekking Rucksack Market, by Distribution Channel
11. Overview- Impact of Coronavirus Outbreak
11.1 Impact of COVID-19 on Trekking Rucksacks Market
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11.6 South and Central America: Impact Assessment of COVID-19 Pandemic
12. Company Profiles
12.1 Arcteryx
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Deuter Sport Gmbh
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Equip Outdoor Technologies UK Ltd
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Granite Gear LLC
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Mufubu
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Tripole Gears
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Vango
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Wildcraft
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Osprey Packs, Inc
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Hyperlite Mountain Gear Inc.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Global Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 3. Global Trekking Rucksack Market, by Material– Revenue and Forecast to 2028 (US$ Million)
Table 4. Global Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 5. North America Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 6. North America Trekking Rucksack Market, by Material– Revenue and Forecast to 2028 (US$ Million)
Table 7. North America Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 8. US Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 9. US Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 10. US Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 11. Canada: Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 12. Canada Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 13. Canada Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 14. Mexico Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 15. Mexico Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 16. Mexico Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 17. Europe Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 18. Europe Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 19. Europe Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 20. Germany Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 21. Germany Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 22. Germany Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 23. France Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 24. France Trekking Rucksack Market, by Material– Revenue and Forecast to 2028 (US$ Million)
Table 25. France Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 26. Italy Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 27. Italy Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 28. Italy Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 29. United Kingdom Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 30. United Kingdom Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 31. United Kingdom Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 32. Russia: Trekking Rucksack Market, by Capacity– Revenue and Forecast to 2028 (US$ Million)
Table 33. Russia: Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 34. Russia: Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 35. Rest of Europe Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 36. Rest of Europe Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 37. Rest of Europe Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 38. Asia Pacific Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 39. Asia Pacific Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 40. Asia Pacific Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 41. Australia Trekking Rucksack Market, by Capacity– Revenue and Forecast to 2028 (US$ Million)
Table 42. Australia Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 43. Australia Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 44. China Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 45. China Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 46. China Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 47. India Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 48. India Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 49. India Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 50. Japan Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 51. Japan Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 52. Japan Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 53. South Korea Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 54. South Korea Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 55. South Korea Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 56. Rest of Asia Pacific Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 57. Rest of Asia Pacific Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 58. Rest of Asia Pacific Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 59. Middle East and Africa Trekking Rucksack Market, by Capacity– Revenue and Forecast to 2028 (US$ Million)
Table 60. Middle East and Africa Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 61. Middle East and Africa Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 62. South Africa Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 63. South Africa Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 64. South Africa Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 65. Saudi Arabia Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 66. Saudi Arabia Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 67. Saudi Arabia Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 68. UAE Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 69. UAE Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 70. UAE Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 71. Rest of MEA Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 72. Rest of MEA Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 73. Rest of MEA Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 74. South and Central America Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 75. South and Central America Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 76. South and Central America Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 77. Brazil Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 78. Brazil Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 79. Brazil Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 80. Argentina Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 81. Argentina Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 82. Argentina Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 83. Rest of South and Central America Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 84. Rest of South and Central America Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 85. Rest of South and Central America Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 86. List of Abbreviation
LIST OF FIGURES
Figure 1. Global Trekking Rucksack Market Segmentation
Figure 2. Trekking Rucksack Market Segmentation – By Geography
Figure 3. Global Trekking Rucksack Market Overview
Figure 4. Trekking Rucksack Market, By Capacity
Figure 5. Trekking Rucksack Market, By Geography
Figure 6. Global Trekking Rucksack Market, Industry Landscape
Figure 7. North America: PEST Analysis
Figure 8. Europe: PEST Analysis
Figure 9. Asia Pacific: PEST Analysis
Figure 10. Middle East and Africa: PEST Analysis
Figure 11. South and Central America: PEST Analysis
Figure 12. Expert Opinion
Figure 13. Number of Recorded Hikers in the US, 2016–2020
Figure 14. Trekking Rucksack Market Impact Analysis of Drivers and Restraints
Figure 15. Geographic Overview of Trekking Rucksack Market
Figure 16. Global: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Trekking Rucksack Market Revenue Share, By Capacity (2020 and 2028)
Figure 18. Upto 24 Litres: Trekking Rucksack Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. 25–50 Litres: Trekking Rucksack Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. More Than 50 Litres: Trekking Rucksack Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. Trekking Rucksack Market Revenue Share, By Material (2020 and 2028)
Figure 22. Nylon: Trekking Rucksack Market – Revenue and Forecast To 2028 (US$ Million)
Figure 23. Polyester: Trekking Rucksack Market – Revenue and Forecast To 2028 (US$ Million)
Figure 24. Canvas: Trekking Rucksack Market – Revenue and Forecast To 2028 (US$ Million)
Figure 25. Others: Trekking Rucksack Market – Revenue and Forecast To 2028 (US$ Million)
Figure 26. Trekking Rucksack Market Revenue Share, By Distribution Channel (2020 and 2028)
Figure 27. Supermarkets and Hypermarkets: Trekking Rucksack Market – Revenue and Forecast To 2028 (US$ Million)
Figure 28. Specialty Stores: Trekking Rucksack Market – Revenue and Forecast To 2028 (US$ Million)
Figure 29. Online Retail: Trekking Rucksack Market – Revenue and Forecast To 2028 (US$ Million)
Figure 30. Others: Trekking Rucksack Market – Revenue and Forecast To 2028 (US$ Million)
Figure 31. Global Trekking Rucksack Market Revenue Share, by Region (2020 and 2028)
Figure 32. North America: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. North America: Trekking Rucksack Market Revenue Share, by Capacity (2020 and 2028)
Figure 34. North America: Trekking Rucksack Market Revenue Share, by Material (2020 and 2028)
Figure 35. North America: Trekking Rucksack Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 36. North America: Trekking Rucksack Market Revenue Share, by Key Country (2020 and 2028)
Figure 37. US: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 38. Canada: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 39. Mexico: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 40. Europe: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. Europe: Trekking Rucksack Market Revenue Share, by Capacity (2020 and 2028)
Figure 42. Europe: Trekking Rucksack Market Revenue Share, by Material (2020 and 2028)
Figure 43. Europe: Trekking Rucksack Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 44. Europe: Trekking Rucksack Market Revenue Share, by Key Country (2020 and 2028)
Figure 45. Germany: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 46. France: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 47. Italy: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 48. United Kingdom: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 49. Russia: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 50. Rest of Europe: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 51. Asia Pacific: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 52. Asia Pacific: Trekking Rucksack Market Revenue Share, by Capacity (2020 and 2028)
Figure 53. Asia Pacific: Trekking Rucksack Market Revenue Share, by Material (2020 and 2028)
Figure 54. Asia Pacific: Trekking Rucksack Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 55. Asia Pacific: Trekking Rucksack Market Revenue Share, by Key Country (2020 and 2028)
Figure 56. Australia: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 57. China: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 58. India: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 59. Japan: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 60. South Korea: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 61. Rest of Asia Pacific: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 62. Middle East and Africa: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 63. Middle East and Africa: Trekking Rucksack Market Revenue Share, by Capacity (2020 and 2028)
Figure 64. Middle East and Africa: Trekking Rucksack Market Revenue Share, by Material (2020 and 2028)
Figure 65. Middle East and Africa: Trekking Rucksack Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 66. Middle East and Africa: Trekking Rucksack Market Revenue Share, by Key Country (2020 and 2028)
Figure 67. South Africa: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 71. South and Central America: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 72. South and Central America: Trekking Rucksack Market Revenue Share, by Capacity (2020 and 2028)
Figure 73. South and Central America: Trekking Rucksack Market Revenue Share, by Material (2020 and 2028)
Figure 74. South and Central America: Trekking Rucksack Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 75. South and Central America: Trekking Rucksack Market Revenue Share, by Key Country (2020 and 2028)
Figure 76. Brazil: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 77. Argentina: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 79. Impact of COVID-19 Pandemic on Trekking Rucksacks Market in North America
Figure 80. Impact of COVID-19 Pandemic on Trekking Rucksacks Market in Europe
Figure 81. Impact of COVID-19 Pandemic on Trekking Rucksacks Market in Asia Pacific
Figure 82. Impact of COVID-19 Pandemic on Trekking Rucksacks Market in the Middle East & Africa
Figure 83. Impact of COVID-19 Pandemic on Trekking Rucksacks Market in South and Central America
The List of Companies - Trekking Rucksack Market
- Arcteryx
- Deuter Sport Gmbh
- Equip Outdoor Technologies UK Ltd
- Granite Gear LLC
- Mufubu
- Tripole Gears
- Vango
- Wildcraft
- Osprey Packs, Inc
- Hyperlite Mountain Gear Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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