Asia Pacific Active Backpack Market Size & Outlook
The active backpack market in Asia Pacific is expected to reach a projected revenue of US$ 2,385.0 million by 2030. A compound annual growth rate of 9.8% is expected of Asia Pacific active backpack market from 2023 to 2030.
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Asia Pacific active backpack market highlights
The Asia Pacific active backpack market generated a revenue of USD 1,125.9 million in 2022.
The market is expected to grow at a CAGR of 9.8% from 2023 to 2030.
In terms of segment, sports was the largest revenue generating type in 2022.
Hiking/Trekking is the most lucrative type segment registering the fastest growth during the forecast period.
Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
Market revenue in 2022
USD 1,125.9 million
Market revenue in 2030
USD 2,385.0 million
Growth rate
9.8% (CAGR from 2022 to 2030)
Largest segment
Sports
Fastest growing segment
Hiking/Trekking
Historical data covered
2017 - 2021
Base year for estimation
2022
Forecast period covered
2023 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Hiking/Trekking, Camping and Travelling, Sports
Key market players worldwide
Amer Sports Inc, Samsonite International SA, Patagonia Gold Corp Ordinary Shares, Columbia Sportswear Co, JanSport, VF Corp, The North Face, CamelBak Products LLC, Deuter Sport, Kelty, Osprey Packs
Other key industry trends
In terms of revenue, Asia Pacific region accounted for 20.8% of the global active backpack market in 2022.
Globally, North America is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 2,385.0 million by 2030.
The growing popularity of active backpacks among those who enjoy sports and treks and the wellestablished sports industry in the region drive the sales of active backpacks across Asia Pacific. The rising popularity of outdoor recreational activities is an important factor driving the growth of the Asia Pacific market.
Consumers are increasingly participating in outdoor activities owing to changing lifestyles and attitudes, rising leisure spending, and the mental and physical health advantages of outdoor activities. Due to rising urbanization and hectic work schedules, people are finding it more challenging to spend time outdoors with their family and friends.
Therefore, an increasing number of people have started camping with their friends and families over the weekend. These factors are expected to drive the growth of the active backpack market in Asia Pacific.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Active Backpack Market Outlook will help companies and investors design strategic landscapes.
Sports was the largest segment with a revenue share of 47.13% in 2022.
Horizon Databook has segmented the Asia Pacific active backpack market based on hiking/trekking, camping and travelling, sports covering the revenue growth of each sub-segment from 2017 to 2030.
The growing popularity of active backpacks among those who enjoy sports and treks and the wellestablished sports industry in the region drive the sales of active backpacks across Asia Pacific. The rising popularity of outdoor recreational activities is an important factor driving the growth of the Asia Pacific market.
Consumers are increasingly participating in outdoor activities owing to changing lifestyles and attitudes, rising leisure spending, and the mental and physical health advantages of outdoor activities. Due to rising urbanization and hectic work schedules, people are finding it more challenging to spend time outdoors with their family and friends.
Therefore, an increasing number of people have started camping with their friends and families over the weekend. These factors are expected to drive the growth of the active backpack market in Asia Pacific.
Asia Pacific Active Backpack Market Type Outlook (Revenue, USD Million , 2017-2030)
Hiking/Trekking
Camping and Travelling
Sports
Asia Pacific Active Backpack Market Size Outlook (Revenue, USD Million , 2017-2030)
Less than 10L
10L-20L
20L-40L
Asia Pacific Active Backpack Market Price Point Outlook (Revenue, USD Million , 2017-2030)
Under $50
$51 - $100
$101 - $150
$151 - $200
$201 - $250
Above $250
Asia Pacific Active Backpack Market Distribution Channel Outlook (Revenue, USD Million , 2017-2030)
Specialty Stores
Retail Stores
Online
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific Active Backpack Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Active Backpack Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Asia Pacific Active Backpack Market, 2017-2030 (US$M)