Global Trekking Poles Market Size By Type (Walking Poles, Trekking Poles), By Application (Outdoor Climbing, Hiking Plains, Daily Use), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
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Trekking Poles Market Size And Forecast
Trekking Poles Market size was valued at USD 0.75 Billion in 2023 and is projected to reach USD 1.41 Billion by 2030, growing at a CAGR of 5.2% from 2024 to 2030.
Looking ahead, the Global Trekking Poles Industry is set to keep climbing! We're expecting some serious growth, with the market hitting a significant value – think millions of USD – by 2030. The growth should be pretty impressive too, with the highest CAGR during the evaluation period. What's fueling all this? Well, more and more people are getting into outdoor adventures, and they're realizing how good it is for their health and fitness. Want the inside scoop? The Global Trekking Poles Market report breaks it all down, giving you a holistic evaluation. It dives deep into the key parts of the market, the latest trends, what's driving growth (and what's holding it back), who the big players are, and all the other factors that really matter.
Global Trekking Poles Market Definition
Trekking Poles, also known as hiking poles or walking sticks, are essential tools outdoor enthusiasts, hikers, backpackers, and trekkers use to provide stability and support while walking on various terrains. They consist of two adjustable poles, usually made of lightweight materials such as aluminum or carbon fiber, and are designed to mimic the function of ski poles. Trekking Poles typically have ergonomic grips at the top for comfortable hand placement, adjustable wrist straps to secure the poles to the user’s wrists, and removable rubber tips at the bottom for enhanced grip on hard surfaces.
Some poles include additional features like shock absorption systems and extended grips for different hand positions during uphill or downhill trekking. The primary purpose of Trekking Poles is to distribute the weight of the hiker’s body, reducing the strain on the lower body joints, especially knees, and ankles. They provide stability and balance, particularly on uneven or slippery terrain, and help to alleviate stress on the leg muscles, making long hikes or treks more manageable.
The benefits of using Trekking Poles include Stability, Reduced Impact, Increased Endurance, Uphill and Downhill Support, Stream Crossing, and Safety. Trekking Poles are versatile tools for various outdoor activities, including hiking, trekking, backpacking, mountaineering, and snowshoeing. They are adjustable in length to accommodate different user heights and terrain requirements. When using Trekking Poles, users must learn proper techniques and adjust them to the appropriate length for their height and comfort.
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Global Trekking Poles Market Overview
Global Trekking Poles Market has been driven by increasing outdoor recreation activities. The growing interest in outdoor activities such as hiking, trekking, and backpacking drives the demand for Trekking Poles. As more people engage in these recreational activities, the need for supportive and stabilizing equipment like Trekking Poles increases. The rising awareness about health and fitness benefits associated with outdoor activities is driving the demand for Trekking Poles. Trekking Poles help reduce joint stress, improve balance, and increase endurance, attracting fitness enthusiasts and health-conscious individuals.
The global aging population drives the demand for Trekking Poles as older individuals seek outdoor activities that promote physical fitness and mobility. Trekking Poles provide stability and support, enabling older adults to engage in hiking and trekking with reduced risk of falls or injuries. Also, the Trekking Poles Market has witnessed product design and materials advancements, leading to lighter, more durable, and adjustable poles. Innovations such as shock absorption systems, ergonomic grips, and collapsible designs have enhanced the overall performance and user experience, driving market growth.
However, high-quality Trekking Poles can be relatively expensive, which may limit their adoption among budget-conscious consumers. The cost of materials, technological advancements, and brand reputation contributes to the overall pricing, restricting market growth to some extent. Also, despite the increasing popularity of outdoor activities, some potential consumers may still need more awareness about the benefits of Trekking Poles. Lack of knowledge or understanding of their advantages may hinder market growth in certain regions.
On the other hand, the booming adventure tourism industry presents significant opportunities for the Trekking Poles Market. Adventure tourists often participate in hiking, trekking, and mountaineering activities, creating a demand for reliable trekking equipment, including Trekking Poles. The Trekking Poles Market has significant growth potential in emerging markets where outdoor recreation and adventure activities are gaining popularity. Developing economies with improving disposable incomes and increased focus on health and wellness present opportunities for market expansion.
Offering customizable Trekking Poles tailored to individual needs and preferences can be a crucial opportunity for manufacturers. Adjustable features, grip options, and personalized branding can attract consumers looking for personalized outdoor gear. The growth of e-commerce platforms has made Trekking Poles more accessible to consumers worldwide. Manufacturers can leverage online channels to reach a broader customer base, expand their distribution networks, and increase market penetration.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Trekking Poles Market. We cover the major impacting factors driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Trekking Poles Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Global Trekking Poles Market Segmentation Analysis
The Global Trekking Poles Market is Segmented on the Basis of Type, Application, And Geography.
Trekking Poles Market, By Type
- Walking Poles
- Trekking Poles
Based on Type, the Global Trekking Poles Market has been segmented into Walking Poles and Trekking Poles. Trekking Poles account for a major share of the global market. Trekking Poles are specifically designed for hiking, trekking, backpacking, and mountaineering activities. They offer additional support, stability, and weight distribution during these outdoor pursuits. Trekking Poles are usually more robust and feature adjustable lengths, shock absorption systems, and durable tips for different terrains. They are designed to withstand rugged conditions and stabilize uneven and challenging trails.
Trekking Poles Market, By Application
- Outdoor Climbing
- Hiking Plains
- Daily Use
Based on Application, the Global Trekking Poles Market has been segmented into Outdoor Climbing, Hiking Plains, and Daily Use. The Hiking Plains segment is expected to dominate the global Trekking Poles Market in terms of Applications. Hiking plains refers to hiking on relatively flat or gentle terrains. Many hikers opt for Trekking Poles to provide stability, support, and balance during longer hikes or when navigating uneven ground. Hiking plains encompass many hiking experiences, making this segment influential.
Trekking Poles Market, By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Based on Geography, The Global Trekking Poles Market is segmented geographically into North America, Europe, Asia Pacific, Latin America and the Middle East, and Africa. North America accounted for the most significant global Trekking Poles Market. North America has a strong outdoor recreation culture, with a large population actively participating in various outdoor activities. The region offers diverse landscapes, including mountains, forests, national parks, and hiking trails, making it an attractive destination for hikers and trekkers. This culture and the abundance of outdoor opportunities likely contribute to the demand for Trekking Poles.
Key Players
The “Global Trekking Poles Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Black Diamond Equipment, Leki, Komperdell, MSR (Mountain Safety Research), Fizan, Cascade Mountain Tech, Helinox,, Gossamer Gear, REI Co-op, Decathlon, Montem Outdoor Gear, Foxelli, Kelty, LEKI, Outdoor Products., and others.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the players mentioned above globally.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2020-2030 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2030 |
HISTORICAL PERIOD | 2020-2022 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | Black Diamond Equipment, Leki, Komperdell, MSR (Mountain Safety Research), Fizan, Cascade Mountain Tech, Helinox,, Gossamer Gear, REI Co-op, Decathlon, Montem Outdoor Gear, Foxelli, Kelty, LEKI, Outdoor Products., and others. |
SEGMENTS COVERED |
|
CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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