IMARC Group, a leading market research company, has recently releases report titled “Hard Adventure Sports Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global hard adventure sports equipment market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How big is the hard adventure sports equipment market?

The global hard adventure sports equipment market size reached US$ 3.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.9 Billion by 2028, exhibiting a growth rate (CAGR) of 3.2% during 2023-2028.

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What is Hard Adventure Sports Equipment?

Hard adventure sports equipment represents specially designed gear used for outdoor activities, including trekking, climbing, mountaineering, and caving. It includes sleeping bags, jackets, hiking boots, rope ladders, tents, backpacks, ropes, carabiners, helmets, cams, wet suits, and dive lights. Hard adventure sports equipment is widely utilized for providing safety and comfort while engaging in numerous activities. It is manufactured using metals, ceramics, polymers, and composite materials. These tools are comfortable and durable as they are subjected to a lot of wear and tear and allow easy movement in tight spaces and over rough terrain.

What are the growth prospects and trends in the hard adventure sports equipment industry?

The increasing participation of individuals in sports and outdoor activities is primarily driving the hard adventure sports equipment market. Furthermore, the rising usage of these tools for enhancing safety in several situations and assisting athletes in performing vigorous exercises is also augmenting the market growth. Apart from this, the widespread utilization of this equipment for climbing, trekking, and caving that helps improve endurance, strengthening muscles, and fitness, on account of the increasing health consciousness among the masses, is positively influencing the global market. Moreover, manufacturers are developing sleeping bags with water-repellent properties and bear-resistant camping coolers that aid in keeping food safe from bears and protect the bears from the coolers, which is further bolstering the market growth. Besides this, the introduction of camping stoves that are free-standing, lightweight, and easy to carry is acting as another significant growth-inducing factor. Besides this, the easy product availability across various e-commerce platforms and rising expenditure capacities of consumers are also catalyzing the global market. Additionally, the increasing promotional campaigns by manufacturers through advertisements and social media to target millennials are expected to drive the hard adventure sports equipment market in the coming years.

Who are the key players operating in the industry?

The report covers the major market players including: 

  • AMG Group
  • Big Agnes Inc
  • Black Diamond Equipment Ltd (Clarus Corporation)
  • Columbia Sportswear Company
  • Edelrid Gmbh & Co. KG
  • Exxel Outdoors Inc.
  • Giant Manufacturing Co. Ltd
  • Guardian Fall Protection
  • Johnson Outdoors Inc.
  • Mad Rock
  • Mammut Sports Group AG
  • Petzl
  • Trek Bicycle Corporation

What is included in market segmentation?

The report has segmented the market into the following categories:

Type Insights:

  • Climbing Equipment
  • Trekking Equipment
  • Others

Application Insights:

  • Dry Land Sports
  • Water Sports
  • Air Sports

Distribution Channel Insights:

  • Independent Retailers
  • Specialist Retailers
  • Online Stores
  • Others

Breakup by Region:

  • North America 
  • Europe 
  • Asia Pacific 
  • Latin America
  • Middle East and Africa

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Key Highlights of the Report:                                                           

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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