The North America Active Backpack Market would witness market growth of 7.8% CAGR during the forecast period (2023-2030).
Active backpacks have become a popular fashion accessory due to their versatility and functionality. Numerous backpacks are now available in contemporary designs, colors, and patterns, making them trendy accessories that complement an individual's style and personality. For example, Nike's fashionable backpacks included functionality-based features from manufacturers like Brasilia. These athletic-specific active backpacks have a tough, water-resistant material, and an additional ventilated shoe compartment. The features of an active backpack can contribute to their fashion ability in addition to their appearance.
These backpacks have grown in popularity for various uses, including daily commutes, outdoor excursions, and even as a replacement for handbags. People can express their individuality and sense of style along with meeting their functional needs due to their ability to do so. Since consumers want products that may be flexible and adaptive to satisfy their diverse demands and preferences, the multi-functionality of backpacks is a key market driver. For instance, smart backpacks with features like built-in speakers, wireless chargers, and LED lighting are helpful but also innovative and appealing.
In North America, people travel more often domestically and internationally because of obligations related to their jobs, education, or vacations. Because people in this region have more disposable income and the U.S. and Canada have world-class travel and tourism infrastructure, schools, and universities that make traveling in the region is more convenient, further supporting market expansion. Promoting outdoor recreational activities by sports associations in the United States attracts travellers between the ages of 25 and 40. This increases the demand in the region.
The US market dominated the North America Active Backpack Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,477.4 million by 2030. The Canada market is showcasing a CAGR of 10.3% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 9.3% during (2023 - 2030).
Based on Type, the market is segmented into Sports, Camping & Travelling, and Hiking/Trekking. Based on Price Point, the market is segmented into $51 - $100, $101 - $150, $151 - $200, Under $50, and Above $201. Based on Size, the market is segmented into 20L-40L, 10L-20L, and Less than 10L. Based on Distribution Channel, the market is segmented into Specialty Stores, Retail Stores, and Online. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Active Backpack Market is Projected to reach USD 10.1 Billion by 2030, at a CAGR of 8.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Samsonite International S.A., JanSport (VF Corporation), Osprey Packs, Inc. (Helen of Troy Limited), Vista Outdoor, Inc. (CamelBak Products LLC), Columbia Sportswear Company, ANTA Sports Products Limited, Deuter Sport GmbH (Schwan-Stabilo Group), Exxel Outdoors, LLC, and Patagonia, Inc.
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