What is the current market size of the Hiking Gear and Equipment Market? The current size of the hiking gear and equipment market is valued at USD 7.2 billion in 2024 and is projected to grow significantly, reaching USD 11.3 billion by 2033. This growth reflects a compound annual growth rate (CAGR) of 4.89% during the period from 2025 to 2033. This upward trend is driven by increasing consumer interest in outdoor activities, especially hiking and trekking, as people seek healthier, nature-oriented lifestyles. Factors such as the rising popularity of adventure tourism, growing awareness of the mental and physical benefits of outdoor activities, and innovations in hiking gear technology contribute to this market expansion. The demand for high-quality, durable, and lightweight equipment is also on the rise, with consumers prioritizing safety and comfort. As the trend towards outdoor recreation continues to grow, the hiking gear and equipment market is well-positioned for ongoing growth and development. #marketresearch #business #marketanalysis #markettrends #researchreport #marketreport #marketforecast #marketanalysis #marketgrowth #imarcgroup Read the full report here: https://www.imarcgroup.com/hiking-gear-equipment-market