China Active Backpack Market Size & Outlook, 2022-2030
The active backpack market in China is expected to reach a projected revenue of US$ 731.8 million by 2030. A compound annual growth rate of 8.9% is expected of China active backpack market from 2023 to 2030.
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China active backpack market highlights
The China active backpack market generated a revenue of USD 370.5 million in 2022 and is expected to reach USD 731.8 million by 2030.
The China market is expected to grow at a CAGR of 8.9% 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 370.5 million
Market revenue in 2030
USD 731.8 million
Growth rate
8.9% (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, China accounted for 6.8% 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 Asia Pacific, China active backpack market is projected to lead the regional market in terms of revenue in 2030.
India is the fastest growing regional market in Asia Pacific and is projected to reach USD 311.1 million by 2030.
Camping has emerged as a new traveling trend in China. Domestic travel agencies have noted an increase in inquiries about camping during recent holidays in 2021, and sales of camping gear are expanding at triple-digit rates. Furthermore, weekend getaways are gaining popularity among urban dwellers, indicating a new path for the tourism sector.
Therefore, the rise in interest in sports and outdoor recreation presents numerous growth opportunities for businesses that offer accessories for outdoor activities. This is expected to drive the demand for active backpacks in China.
According to the US camping association Kampground,the participation rate of the Chinese in outdoor activity is around 10 percent in 2021. Outdoor activities and sports are anticipated to continue on their upward trajectory, providing new growth opportunities in the sector. Improved standard of living and younger generations’ inclination toward nature breaks such as camping are expected to drive the active backpack market.
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 47.21% in 2022.
Horizon Databook has segmented the China active backpack market based on hiking/trekking, camping and travelling, sports covering the revenue growth of each sub-segment from 2017 to 2030.
Camping has emerged as a new traveling trend in China. Domestic travel agencies have noted an increase in inquiries about camping during recent holidays in 2021, and sales of camping gear are expanding at triple-digit rates. Furthermore, weekend getaways are gaining popularity among urban dwellers, indicating a new path for the tourism sector.
Therefore, the rise in interest in sports and outdoor recreation presents numerous growth opportunities for businesses that offer accessories for outdoor activities. This is expected to drive the demand for active backpacks in China.
According to the US camping association Kampground,the participation rate of the Chinese in outdoor activity is around 10 percent in 2021. Outdoor activities and sports are anticipated to continue on their upward trajectory, providing new growth opportunities in the sector. Improved standard of living and younger generations’ inclination toward nature breaks such as camping are expected to drive the active backpack market.
China Active Backpack Market Type Outlook (Revenue, USD Million , 2017-2030)
Hiking/Trekking
Camping and Travelling
Sports
China Active Backpack Market Size Outlook (Revenue, USD Million , 2017-2030)
Less than 10L
10L-20L
20L-40L
China Active Backpack Market Price Point Outlook (Revenue, USD Million , 2017-2030)
Under $50
$51 - $100
$101 - $150
$151 - $200
$201 - $250
Above $250
China 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 country-level data and insights on the China Active Backpack Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Active Backpack Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.