Research and Markets: Global Outdoor Backpacks Market 2015-2019 with Arc’teryx Equipment, Kelty, Marmot Mountain, Mountain Hardwear & Sierra Designs Dominating
September 14, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/wvdm5c/global_outdoor) has announced the addition of the “Global Outdoor Backpacks Market 2015-2019” report to their offering.
The analysts forecast the global outdoor backpacks market to grow at a CAGR of 3.33% over the period 2014-2019.
This report covers the present scenario and the growth prospects of the global outdoor backpacks market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of outdoor backpacks through following segments: 15-35 liters, 36-60 liters, and above 60 liters
The manufacturers offering backpacks for regular adventurists and travelers are innovating in terms of materials, weight, and quality. The demands from customers are constantly evolving because of the rise in the complexities of natural environments. Therefore, companies are manufacturing backpacks as per the need to make trips safe, secure, and comfortable. The vendors are increasingly focusing on reducing the size of backpacks, especially for long-duration trips. Load support technology is used to design these backpacks. The traditional backpacks had inflexible and hard aluminum internal stays or metal external frames to provide them with a rigid structure.
According to the report, changing demographics and lifestyles along with the rise in disposable income have enhanced the popularity of outdoor sports and recreational activities. The physical and mental benefits assured by them have encouraged individuals to participate in these activities. Rapid urbanization has resulted in mobile, fast-paced, and polluted environments, leading to the demand for heritage, nature-based, culture-based, and outdoor adventure activities. Scientific evidence suggests that outdoor activities such as camping are beneficial for mental well-being and have many health benefits. Therefore, such activities are gaining popularity among all age groups. Thus, the rising demand for camping and other adventure activities paves the way for the growth of the outdoor backpacks market in the future.
Further, the report states that the increased adoption of counterfeits in the market is affecting the revenue generation and brand image of leading players.
Key Vendors
- Arc’teryx Equipment
- Kelty
- Marmot Mountain
- Mountain Hardwear
- Sierra Designs
Other Prominent Vendors
- AMG Group
- Deuter Sports
- Gelert
- Gregory Mountain Products
- High Sierra
- Osprey Packs
- The North Face
- Wildcraft
For more information visit http://www.researchandmarkets.com/research/wvdm5c/global_outdoor
View source version on businesswire.com: http://www.businesswire.com/news/home/20150914006116/en/
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Sector: Luggage and Travel Bags