Brazil Active Backpack Market Size & Outlook, 2022-2030
The active backpack market in Brazil is expected to reach a projected revenue of US$ 243.0 million by 2030. A compound annual growth rate of 7.3% is expected of Brazil active backpack market from 2023 to 2030.
Every answer starts with GVR research, and every figure is cited.Explore Prism AI ↗
Brazil active backpack market highlights
The Brazil active backpack market generated a revenue of USD 137.8 million in 2022 and is expected to reach USD 243.0 million by 2030.
The Brazil market is expected to grow at a CAGR of 7.3% 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.
Active backpack market data book summary
Market revenue in 2022
USD 137.8 million
Market revenue in 2030
USD 243.0 million
Growth rate
7.3% (CAGR from 2022 to 2030)
Largest segment
Sports
Fastest growing segment
Hiking/Trekking
Historical data
2017 - 2021
Base year
2022
Forecast period
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, Brazil accounted for 2.5% of the global active backpack market in 2022.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Latin America, Brazil active backpack market is projected to lead the regional market in terms of revenue in 2030.
Brazil is the fastest growing regional market in Latin America and is projected to reach USD 243.0 million by 2030.
Actives backpacks have shown a great demand in Brazil, owing to consumers’ involvement in hiking and treks in the country. Amazon forests and treks in Brazil are attractive destinations for hikers, which has increased the demand for utility products such as backpacks. People prefer active backpacks to prevent fatigue and carry essentials while engaging in sports activities such as running, biking, and camping for a long and continuous duration.
This is expected to boost the growth of the market over the forecast period. Specialty stores held a significant market share in Brazil. Centauro is one of the largest sporting goods retailers in the country with 200 stores in 2020. Centauro offers various sporting goods and accessories, such as active backpacks. This implies the growth of the market in the Brazil.
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 45.86% in 2022.
Horizon Databook has segmented the Brazil active backpack market based on hiking/trekking, camping and travelling, sports covering the revenue growth of each sub-segment from 2017 to 2030.
Actives backpacks have shown a great demand in Brazil, owing to consumers’ involvement in hiking and treks in the country. Amazon forests and treks in Brazil are attractive destinations for hikers, which has increased the demand for utility products such as backpacks. People prefer active backpacks to prevent fatigue and carry essentials while engaging in sports activities such as running, biking, and camping for a long and continuous duration.
This is expected to boost the growth of the market over the forecast period. Specialty stores held a significant market share in Brazil. Centauro is one of the largest sporting goods retailers in the country with 200 stores in 2020. Centauro offers various sporting goods and accessories, such as active backpacks. This implies the growth of the market in the Brazil.
Brazil Active Backpack Market Type Outlook (Revenue, USD Million , 2017-2030)
Hiking/Trekking
Camping and Travelling
Sports
Brazil Active Backpack Market Size Outlook (Revenue, USD Million , 2017-2030)
Less than 10L
10L-20L
20L-40L
Brazil Active Backpack Market Price Point Outlook (Revenue, USD Million , 2017-2030)
Under $50
$51 - $100
$101 - $150
$151 - $200
$201 - $250
Above $250
Brazil Active Backpack Market Distribution Channel Outlook (Revenue, USD Million , 2017-2030)
Specialty Stores
Retail Stores
Online
Reasons to subscribe to Active Backpack Market Outlook databook
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Active Backpack Market Outlook databook
Our clientele includes a mix of Active Backpack Market Outlook companies, investment firms, advisory firms & academic institutions.
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil Active Backpack Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Brazil Active Backpack Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.