Global Trekking Poles Market Size, Share, and COVID-19 Impact Analysis, By Type (Walking Poles, Trekking Poles), By Application (Outdoor Climbing, Hiking Plains, Daily Use), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Industry: Consumer Goods

RELEASE DATE Aug 2024
REPORT ID SI5469
PAGES 205
REPORT FORMAT PathSoft

Global Trekking Poles Market Insights Forecasts to 2033

  • The Global Trekking Poles Market Size was Valued at USD 70.09 Million in 2023
  • The Market Size is Growing at a CAGR of 4.87% from 2023 to 2033
  • The Worldwide Trekking Poles Market Size is Expected to Reach USD 112.80 Million by 2033
  • Asia Pacific is Expected to Grow the fastest during the forecast period.

Global Trekking Poles Market

Get more details on this report -

Request Free Sample PDF

The Global Trekking Poles Market Size is Anticipated to Exceed USD 112.80 Million by 2033, Growing at a CAGR of 4.87% from 2023 to 2033.

 

Market Overview

Hiking or trekking requires the use of trekking poles as a necessary accessory. Hiking poles or sticks are other names for it. Trekking poles are used to help hikers stay stable and enable them to navigate difficult terrain. These trekking poles lessen strain and force of gravity, which makes them useful for downhill hiking as well. They lessen the knee discomfort that comes with trekking. More strength is needed with trekking poles due to they use both upper and lower body muscles. Cotton, rubber, and metal are some of the materials used for producing them. Several factors drive the trekking poles market, including growth in outdoor activities, field trips, and camping areas. The trekking pole market is growing due to rising consumer spending on recreational activities and rising purchasing power. The market for trekking poles is being driven by growing awareness of the advantages outdoor activities have for fitness and health. Furthermore, key market players include Black Diamond Equipment, Leki, Komperdell, MSR (Mountain Safety Research), Fizan, Cascade Mountain Tech, Helinox, and Gossamer Gear.     

 

Report Coverage

This research report categorizes the market for the global trekking poles market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global trekking poles market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global trekking poles market.

 

Global Trekking Poles Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 70.09 Million
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :4.87%
2033 Value Projection:USD 112.80 Million
Historical Data for:2019-2022
No. of Pages:205
Tables, Charts & Figures:110
Segments covered:By Type, By Application, By Region
Companies covered:: Black Diamond Equipment, Leki, Ulanzi, Komperdell, MSR (Mountain Safety Research), Fizan, Cascade Mountain Tech, Helinox, Gossamer Gear, REI Co-op, Decathlon, Montem Outdoor Gear, Foxelli, Kelty, and Others Key Vendors.
Pitfalls & Challenges:COVID-19 Empact, Challenges, Future, Growth, & Analysis

Get more details on this report -

Request Free Sample PDF
 

Driving Factors

Trekking poles and other outdoor gear constitute one of the many industries that have seen growth due to outdoor recreation and adventure tourism. Several important reasons that have increased demand for outdoor adventure experiences and related equipment have been linked to the growing popularity of these activities. People are searching for opportunities to break away from their daily routines, unplug from technology, and find comfort in natural areas since we live in a world that is becoming more connected and faster than ever. In the midst of the activity of the city, nature offers the sense of calm and renewal that people need. One other persuasive element is the significance of both mental and physical health.

 

Restraining Factors

Trekking poles of superior quality are indispensable for outdoor enthusiasts due to their cutting-edge features, lightweight construction, and durability. The price puts off entry-level or cost-conscious buyers, who find it difficult to devote an important portion of their cash to trekking poles. As a result, fewer people can participate in outdoor activities that require trekking poles, which restricts the market's accessibility.

 

Market Segmentation

The global trekking poles market share is classified into type and application.

  • The trekking poles segment dominates the market with the largest market share through the forecast period.

Based on the type, the global trekking poles market is categorized into walking poles, trekking poles. Among these, the trekking poles segment dominates the market with the largest market share through the forecast period. Trekking poles are made especially for mountaineering, hiking, trekking, and backpacking. During these outdoor activities, they provide extra support, stability, and weight distribution. Trekking poles often include stronger construction, flexible lengths, shock-absorbing mechanisms, and strong tips suitable for a variety of terrains. They are made to maintain difficult and uneven paths and endure harsh environments.

 

  • The hiking plains segment accounted for the largest revenue share through the forecast period.

Based on the application, the global trekking poles market is categorized into outdoor climbing, hiking plains, and daily use. Among these, the hiking plains segment accounted for the largest revenue share through the forecast period. Hiking over relatively flat or moderate terrain is referred to as hiking on plains. Trekking poles are a popular choice with hikers because they offer stability, support, and balance on longer hikes or on uneven terrain. Hiking plains are a vast range of hiking experiences, which is the reason this component is important.

 

Regional Segment Analysis of the Global Trekking Poles Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is anticipated to hold the largest share of the global trekking poles market over the predicted timeframe.  

Global Trekking Poles Market

Get more details on this report -

Request Free Sample PDF

North America is anticipated to hold the largest share of the global trekking poles market over the predicted timeframe. The outdoor environments found in North America are immensely diverse and include large national parks, mountain ranges, forests, deserts, and coastlines. Hiking, trekking, and other outdoor activities that require the use of trekking poles are made possible by the diversity of environments and habitats available to outdoor lovers. A significant percentage of people in North America are involved in outdoor activities, contributing to the region's vibrant outdoor culture.

 

Asia Pacific is expected to grow at the fastest CAGR growth of the global Trekking Poles market during the forecast period. The dominant position of the market in the Asia Pacific area can be attributed to a number of factors, including rising disposable income, outdoor adventure activity trends, and the availability of popular hiking locations like the Great Wall of China, Mount Fuji, and the Himalayas.

 

The market for trekking poles is also anticipated to be controlled by Europe. The Alps and the Scandinavian mountains, two of the region's most popular hiking locations, are among the many nations that consider it home. The market for trekking poles is expected to increase due to Europe' increased interest in outdoor recreation and adventure sports.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global trekking poles market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Black Diamond Equipment
  • Leki
  • Ulanzi
  • Komperdell
  • MSR (Mountain Safety Research)
  • Fizan
  • Cascade Mountain Tech
  • Helinox
  • Gossamer Gear
  • REI Co-op
  • Decathlon
  • Montem Outdoor Gear
  • Foxelli
  • Kelty
  • Others.

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In June 2024, ONE WAY, a renowned brand for premium ski poles and accessories, introduced a line of hiking poles. The company's standing as a top supplier of equipment for summer and winter sports is enhanced by this expansion.

 

  • In April 2024, The "world's first" five-in-one hiking pole, selfie stick, mini-tripod, tripod, and monopod was launched by Ulanzi.  the ideal gift for the daring photographer who has everything.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global trekking poles market based on the below-mentioned segments: 

 

Global Trekking Poles Market, By Type

  • Walking Poles
  • Trekking Poles

 

Global Trekking Poles Market, By Application

  • Outdoor Climbing
  • Hiking Plains
  • Daily Use

 

Global Trekking Poles Market, By Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1.Which are the key companies that are currently operating within the market?
    Black Diamond Equipment, Leki, Ulanzi, Komperdell, MSR (Mountain Safety Research), Fizan, Cascade Mountain Tech, Helinox, Gossamer Gear, REI Co-op, Decathlon, Montem Outdoor Gear, Foxelli, Kelty, and Others.
  • 2.What is the size of the global trekking poles market?
    The Global Trekking Poles Market Size is Expected to Grow from USD 70.09 Million in 2023 to USD 112.80 Million by 2033, at a CAGR of 4.87% during the forecast period 2023-2033.
  • 3.Which region is holding the largest share of the market?
    North America is anticipated to hold the largest share of the global trekking poles market over the predicted timeframe.

Need help to buy this report?

Inquiry Before Buy
We'll use cookies to improve and customize your experience if you continue to browse. Is it OK if we also use cookies to show you personalized ads?
Learn more and manage your cookies
Yes, Accept Cookies