What is Global Trekking Poles Market?
The Global Trekking Poles Market is a fascinating and dynamic sector that focuses on the production, distribution, and consumption of trekking poles worldwide. Trekking poles, also known as hiking poles or walking poles, are essential tools for hikers, mountaineers, and outdoor enthusiasts. They provide stability and support, especially on rough terrains, and can significantly reduce the impact on knees and legs during long hikes. The market encompasses various types of trekking poles, including adjustable poles, non-adjustable poles, and folding poles, each designed to cater to different needs and preferences of consumers. The market also includes different materials used in the production of these poles, such as aluminum, carbon fiber, and wood. The Global Trekking Poles Market is influenced by various factors, including the growing popularity of outdoor activities, advancements in product design and technology, and changing consumer preferences. However, it also faces challenges such as intense competition, fluctuating raw material prices, and environmental concerns. Despite these challenges, the market continues to grow and evolve, offering numerous opportunities for manufacturers, retailers, and consumers alike.
Walking Poles, Trekking Poles in the Global Trekking Poles Market:
The Global Trekking Poles Market plays a crucial role in various areas, including outdoor climbing, hiking plains, and daily use. For outdoor climbing, trekking poles are indispensable. They provide the necessary support and balance, especially on steep and rocky terrains. They also help in reducing the strain on the body, allowing climbers to conserve energy and climb more efficiently. In hiking plains, trekking poles are equally important. They help hikers maintain a steady pace, navigate through obstacles, and reduce the impact on joints. They also come in handy in crossing streams or rivers, providing an extra point of contact and improving stability. For daily use, trekking poles are becoming increasingly popular, especially among the elderly and people with mobility issues. They provide support and balance, making walking easier and safer. They are also used in fitness and rehabilitation programs, helping improve posture, coordination, and overall physical health. The versatility and practicality of trekking poles make them a valuable commodity in the Global Trekking Poles Market.
Outdoor Climbing, Hiking Plains, Daily Use in the Global Trekking Poles Market:
The future outlook of the Global Trekking Poles Market is promising. In 2022, the market was valued at US$ 77 million. It is projected to reach US$ 90 million by 2029, growing at a compound annual growth rate (CAGR) of 2.2% from 2023 to 2029. This growth is driven by various factors, including the increasing popularity of outdoor activities, advancements in product design and technology, and the growing awareness of the benefits of using trekking poles. Europe is a major player in the market, accounting for about 30% of the global market share. This dominance can be attributed to the region's strong outdoor culture, high disposable income, and the presence of leading trekking pole manufacturers. However, other regions are also expected to contribute to the market growth, driven by the increasing interest in outdoor activities and the growing demand for high-quality trekking poles.
| Report Metric | Details |
| Report Name | Trekking Poles Market |
| Accounted market size in 2023 | US$ 77 million |
| Forecasted market size in 2030 | US$ 90 million |
| CAGR | 2.2% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Leki, Black Diamond, Komperdell, Masters, Cascade Mountain Tech, Pacemaker Stix |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
