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The global camping and hiking equipment market is expected to witness strong growth during the forecast period between 2021 and 2031.

Camping and hiking equipment are commonly used by hikers and trekkers for outdoor activities and are available in different sizes, materials, and temperature ratings.

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The COVID-19 pandemic negatively impacted the camping and hiking equipment market. With governments imposing lockdowns and strict social distancing regulations, outdoor activities witnessed a significant reduction among the general public. This led to a decrease in demand for camping and hiking equipment, which affected the overall market.

However, with the reduction in cases and availability of vaccines, trekking and hiking activities could witness a rise in the years ahead, in turn, leading to growth in the camping and hiking equipment market.

Rising expenditure on recreational activities in leading economies globally is the key growth driver for the camping and hiking equipment market.

Also, improving infrastructural facilities in travel and tourism industry and increasing awareness about fitness are expected to help in the growth of the overall market.

Innovations to existing products is expected to positively impact the camping and hiking equipment market, in the upcoming years.

Government initiatives and measures, promoting the tourism and travel industry are expected to propel the camping and hiking equipment market, in future.

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The backpack product segment is expected to make the largest contribution to the overall camping and hiking equipment market in future owing to increased product demand for hiking, camping, and biking activities.

The offline distribution channel is anticipated to contribute the most to the overall market due to increased consumer preference to purchase products from physical stores.

The global camping and hiking equipment market is extremely competitive, with the presence of several well-established players, many of whom are expected to hold a large share in the overall market, in the years ahead.

Prominent players could look to collaborate with the lesser-known players in a bid to expand their market presence and increase the revenue share.

Growth strategies such as new product launches could help leading market players gain a competitive edge over the others in the camping and hiking equipment market.

In 2020, Vango collaborated with The National Trust and launched eco-friendly sleeping bags and tents, which were manufactured using recycled plastic.

R&D undertakings could be a key growth strategy for the prominent players in the overall market, in the coming years.

Some of the leading players in the camping and hiking equipment market include MountCraft, Vango, Trek Kit India, Pinnacle Tents, Wildcraft, and Outdoor TravelGear.

The global camping and hiking equipment market is classified into five regions, namely, North America, Asia Pacific, Europe, Latin America, and Middle East and Africa.

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Europe is expected to offer lucrative growth opportunities for the camping and hiking equipment market in future owing to increasing population inclining towards hiking and camping activities in countries such as UK and Germany, contributing largely to market growth.

Asia Pacific is expected to witness substantial growth in the camping and hiking equipment market due to the improving infrastructure facilities in countries such as India and Thailand and rising disposable income among different population sections in these countries, part of the region.

North America is expected to witness strong growth in the overall market owing to the large presence of well-established players in countries such as US and Canada.

Other parts of the world such as Middle East and Africa and Latin America are expected to witness moderate growth in the camping and hiking equipment market, in the years ahead.

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