How big is the Hiking Gear and Equipment Market?
According to 6Wresearch internal database and industry insights, the Global Hiking Gear and Equipment Market was valued at USD 3.2 Billion in 2024 and is expected to reach USD 4.65 Billion by 2031, growing at a compound annual growth rate of 5.60% during the forecast period (2025-2031).
The market is expanding rapidly due to growing outdoor recreational activities, rising health awareness, and the increasing popularity of adventure tourism across both developed and developing countries.
Key Growth Drivers of the Hiking Gear and Equipment Market
- Rising interest in outdoor fitness and adventure sports
- Increasing number of hiking trails, campsites, and national parks
- Growing consumer spending on travel and leisure activities
- Expansion of e-commerce channels offering specialized hiking products
- Technological advancements in lightweight, durable, and weather-resistant gear
Hiking Gear and Equipment Market Trends
The hiking gear and equipment market is witnessing strong demand for multi-functional and compact gear. Consumers prefer sustainable, eco-friendly products made from recycled or biodegradable materials. The rise of ultralight backpacking has driven innovation in lightweight tents, sleeping bags, and cooking systems. Smart gear with integrated GPS, hydration tracking, and solar charging is gaining traction. Premium brands are also offering customizable and modular hiking kits for enthusiasts.
Emerging Developments in the Hiking Gear and Equipment Market
Producers are paying attention to environmental friendliness and ecologically correct acquisition. The wearable hiking technology: smart boots and navigation watches, as well as solar-powered backpacks, is becoming mainstream. The partnership of outdoor brands with influencers results in the visibility of products. Rental and subscriptions services of gear are popping up, focusing on casual hikers. It is also being encouraged to develop region specific gear according to different terrains and climatic conditions.
Major Companies in the Hiking Gear and Equipment Market
- The North Face
- Black Diamond Equipment
- Columbia Sportswear Company
- Arc'teryx Equipment
- Mountain Hard wear
- Marmot
- Patagonia
- Big Agnes
- Decathlon
- REI Co-op
How Big is the Hiking Gear and Equipment Market: FAQs
The hiking gear and equipment market was valued at USD 3.2 billion in 2024 and is projected to reach USD 4.65 billion by 2031.
The market is anticipated to grow at a CAGR of 5.60% between 2025 and 2031.
Backpacks, hiking footwear, tents, sleeping bags, and outdoor apparel are major contributors.
Demand is driven by rising outdoor participation, health trends, and increased disposable income for recreational travel.
Challenges include seasonality of demand, counterfeiting of branded products, and high production costs for sustainable materials.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on
sales@6wresearch.com