Outdoor Gear Market Scope
Growing preference for outdoor camping and trekking across the globe has boosted the demand for outdoor gear in the market. Moreover, the rise in disposable income and changing lifestyles in developing countries is generating lucrative opportunities and propelling players to innovate new products according to the ever-changing customer preference. The outdoor gear is always adopted by those who love nature, hiking, backpacking, and adventure.
The market study is segmented by Type (Apparel (Clothing and Footwear) and Non-Apparel ( Equipment and Accessories)), by Application (Sports, Camping, Hiking & Trekking and Others) and major geographies with country level break-up.
The global Outdoor Gear market is fragmented and key players are focusing on new product launches to improve their products and services along with focusing on increasing their client base to strengthen market position. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Outdoor Gear market throughout the predicted period.
Nike Inc. (Portland), Adidas AG (Germany), Puma (Germany), Under Armour Inc. (United States), ASICS Corporation (Japan), Fitbit, Inc. (United States), Columbia Sportswear Company (United States), VF Corporation (United States), Beuchat International (France), British Knights (United States), Billabong International Limited (Australia), Body Glove (United States), Johnson Outdoors (United States), Sherwood Scuba (United States), Amer Sports Corporation (Finland) and The Rockport Group (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Garmin Ltd. (United States), Skechers USA, Inc. (United States) and Apollo Sports USA (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of Global Outdoor Gear market by Type, Application and Region.
On the basis of geography, the market of Outdoor Gear has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In Mar 2019, Fitbit announced four new products including Fitbit Versa Lite Edition, Fitbit Inspire HR, Fitbit Inspire, and Fitbit Ace 2, designed for health and fitness accessible to more consumers across the globe.
- Increasing Frequency of Camping and Treakking Activities Globally
- Increasing Number of Travellers Globally Interested in Adventure Activities
- Rising Number of Sports Enthusiasts and Campers
- Increasing Adoption of Fitness Activities
- Rising Investments by the Government to Promote Outdoor Activities
- Fluctuation in the Price of Raw Material
- Availability of Counterfeit Product
Key Target AudienceOutdoor Gear Manufacturers, Potential Investors, Downstream Vendors, Venture Capitalists, Government and Regulatory Bodies and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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