U.S. Active Backpack Market Size & Outlook, 2022-2030
The active backpack market in the United States is expected to reach a projected revenue of US$ 3,379.8 million by 2030. A compound annual growth rate of 8.3% is expected of the United States active backpack market from 2023 to 2030.
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U.S. active backpack market highlights
The U.S. active backpack market generated a revenue of USD 1,780.0 million in 2022 and is expected to reach USD 3,379.8 million by 2030.
The U.S. market is expected to grow at a CAGR of 8.3% 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 1,780.0 million
Market revenue in 2030
USD 3,379.8 million
Growth rate
8.3% (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, U.S. accounted for 32.9% 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 North America, U.S. active backpack market is projected to lead the regional market in terms of revenue in 2030.
U.S. is the fastest growing regional market in North America and is projected to reach USD 3,379.8 million by 2030.
The increasing popularity of various sports, rising international sports events, the impact of social media and celebrity endorsements, and health and wellness trends have led consumers to participate in a variety of outdoor sports. This is expected to propel the active backpack market in the U.S. over the forecast period.
Additionally, the industry is moving towards premiumization, which can be explained by a rise in affluent millennials' need for high-quality premium products. For instance, sports backpacks made of leather and other premium materials are becoming more popular. Additionally, because the high price tag is frequently linked with high standard/quality, premium items are not just targeted to the rich class.
The active backpack market in the U.S. is quite cutthroat. Puma SE, Nike Inc., and Adidas AG, among others, hold a sizable portion of the market due to their increased market penetration, which reflects their firm hold on the sector through their strong brand recognition, diverse product offerings, distribution networks, alliances, and advertising.
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 46.54% in 2022.
Horizon Databook has segmented the U.S. active backpack market based on hiking/trekking, camping and travelling, sports covering the revenue growth of each sub-segment from 2017 to 2030.
The increasing popularity of various sports, rising international sports events, the impact of social media and celebrity endorsements, and health and wellness trends have led consumers to participate in a variety of outdoor sports. This is expected to propel the active backpack market in the U.S. over the forecast period.
Additionally, the industry is moving towards premiumization, which can be explained by a rise in affluent millennials' need for high-quality premium products. For instance, sports backpacks made of leather and other premium materials are becoming more popular. Additionally, because the high price tag is frequently linked with high standard/quality, premium items are not just targeted to the rich class.
The active backpack market in the U.S. is quite cutthroat. Puma SE, Nike Inc., and Adidas AG, among others, hold a sizable portion of the market due to their increased market penetration, which reflects their firm hold on the sector through their strong brand recognition, diverse product offerings, distribution networks, alliances, and advertising.
U.S. Active Backpack Market Type Outlook (Revenue, USD Million , 2017-2030)
Hiking/Trekking
Camping and Travelling
Sports
U.S. Active Backpack Market Size Outlook (Revenue, USD Million , 2017-2030)
Less than 10L
10L-20L
20L-40L
U.S. Active Backpack Market Price Point Outlook (Revenue, USD Million , 2017-2030)
Under $50
$51 - $100
$101 - $150
$151 - $200
$201 - $250
Above $250
U.S. Active Backpack Market Distribution Channel Outlook (Revenue, USD Million , 2017-2030)
Specialty Stores
Retail Stores
Online
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