Lucintel’s latest market report analyzed that trekking and hiking provides attractive opportunities in the clothes, footwear, backpack, and equipment markets. The trekking and hiking market is expected to reach $182.9 billion by 2028 with a CAGR of 6%. In this market, clothes is the largest segment by product.
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Based on product, the trekking and hiking market is segmented into clothes, footwear, backpack, equipment, and others. The clothes segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the increased demand for hiking apparel in line with a changing lifestyle and growing consumer participation in hiking activities.
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The Trekking and Hiking Market is marked by the presence of several big and small players. Some of the prominent players offering trekking and hiking include The North Face, Mountain Hardwear, Black Diamond Equipment, Marmot Mountain, and Amer Sports.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Contact Information:
Roy Almaguer Lucintel Dallas, Texas, USA Email: [email protected] Tel. 972.636.5056
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