Europe Outdoor Hiking Apparel Market to Reach $12.1 Billion by 2030, Driven by Rising Outdoor Activity and Urbanization


Posted August 16, 2024 by ShingetsuResearch

Europe outdoor hiking apparel market to hit $12.1B by 2030, growing at 3.4% CAGR due to rising outdoor activities and urbanization.

 
"The Europe outdoor hiking apparel market is set to experience significant growth, with projections estimating a rise to USD 12.1 billion by 2030. This growth represents a steady compound annual growth rate (CAGR) of 3.4% from the market's 2022 value of USD 9.7 billion. The expansion of this market is driven by increased participation in outdoor activities, a shift towards healthier lifestyles, and growing urbanization.

Market Overview

Outdoor hiking apparel includes a range of products such as footwear, clothing, headwear, and accessories specifically designed for hiking. These garments are engineered to withstand various weather conditions while offering breathability, wind resistance, and water repellency. The advanced materials used in hiking apparel ensure comfort and protection, with multi-layer systems that cater to different weather scenarios.

Key Growth Drivers

Rising Outdoor Participation: There is a noticeable increase in consumer involvement in outdoor activities and sports. This trend, supported by the rising urbanization and focus on healthy living, is fueling demand for high-quality hiking apparel.

Urbanization and Disposable Income: Increased urbanization and higher disposable incomes are contributing to a greater interest in adventure sports and hiking. This shift is encouraging more people to invest in specialized hiking gear.

Social Media Influence: The growing popularity of outdoor sports and adventure travel on social media platforms is boosting consumer interest in hiking apparel. The visibility of outdoor activities and gear on social media channels drives consumer demand.

Adventure Tourism: The trend of adventure tourism, which includes popular hiking trails such as Tour du Mont Blanc and El Caminito Del Rey, is attracting more hikers and driving market growth.

Segmental Insights

Product: The market is segmented into products like jackets, pants & leggings, underwear, tanks, sleeve tops, and socks. Jackets are anticipated to see the highest growth due to their essential role in hiking and increasing consumer interest. Pants & leggings are also expected to grow significantly due to their lightweight and comfort benefits.

Activity: The hiking segment leads the market, driven by growing interest in outdoor sports. The trekking segment is also set for notable growth due to its health benefits and increasing popularity among adventure enthusiasts.

End-User: Men are currently the largest consumers of hiking apparel, driven by their higher participation in outdoor sports. However, women and kids are also expected to show significant growth due to rising female participation and family hiking activities.

Distribution Channel: The offline segment, including specialty and retail stores, will continue to dominate due to the preference for physical shopping experiences. Online shopping is also significant, driven by increasing internet penetration and digital marketing strategies.

Country: Germany and the UK are expected to lead the market. Germany's growth is attributed to the increasing demand for outdoor entertainment, while the UK's expansion is fueled by heightened awareness and trail construction.

Competitive Landscape

Key players in the Europe outdoor hiking apparel market include IceBreaker, Ortovox, Amer Sports, TATONKA, AMG-Group, La Sportiva, Mishmi Takin, Jottnar, Helly Hansen, and KÜHL. These companies are at the forefront of innovation and market expansion, continually developing new products to meet evolving consumer needs.

Conclusion

The Europe outdoor hiking apparel market is poised for robust growth, driven by rising consumer interest in outdoor activities, improved urban living standards, and advancements in hiking gear technology. As more individuals seek healthy and adventurous lifestyles, the demand for high-quality, durable hiking apparel is expected to rise, supporting the market’s expansion through 2030. https://www.shingetsuresearch.com/europe-outdoor-hiking-apparel-market/

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Issued By Shingetsu Research
Country India
Categories Business
Tags europe outdoor hiking apparel market , hiking apparel outdoor gear , market growth , hiking jackets , trekking apparel , adventure tourism , urbanization , outdoor sports
Last Updated August 16, 2024