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Trekking Poles Market Products (Metal, Carbon Fibers, Wood, Aluminum , Rubber) Application (Outdoor Climbing, Hiking plains, Daily use, Games) Sales Channel (Specialty Stores, Online Retail , Others) : Global Opportunity Analysis and Industry Forecast, 2020-2027
| A10219 | Pages: NA | Jun 2021 | 202 Views | | |
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COVID-19
Pandemic disrupted the entire world and affected many industries.
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Request Now !The global trekking poles market is projecting notable growth and is expected to grow significantly in the coming years. Trekking poles are an essential accessory while hiking or trekking. It is also known as hiking sticks or hiking poles. Trekking poles are used to walk on rough terrain and provide stability to walkers while hiking. These poles are also helpful while hiking downhill and reduce force of gravity and strain. They help reduce strain on knees from hiking. Trekking poles require more strength as it involves both upper and lower muscles. Trekking poles are preferred by hikers, snowshoers, and backpackers to assist them in different types of terrains. They are made of different materials such as metal, rubber, and cotton. They are available on online as well as offline stores. They can be used in hilly areas and for crossing mud or water. They assist walkers with stability while walking on wet, slick, or snowy areas. They prevent walkers from injury while walking. The trekking market is segmented on the basis of products, applications, sales channels, and region.Â
Market scope and structure analysis:
Report Metric | Details |
 Market size available for years |  2020–2027 |
 Base year considered |  2019 |
 Forecast period |  2021–2027 |
 Forecast units |  Value ($US) |
 Segments covered |  Products, Application, Sales Channel, and Region |
 Regions covered | North America (U.S, Mexico, and Canada), Europe (Germany, UK, France, Italy, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA) |
 Companies covered | Cascade Mountain Tech, Himal, Black Diamond, Hiker Hunger, Sona, High Trek, Sterling Endurance, BAFX Products, Brazos Walking Sticks, Leki, AGPtEK, Pacemaker Stix, Mountainsmith, and Mountaintop |
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COVID-19 Scenario Analysis:Â
- The novel COVID -19 has affected economy and led to halt in functioning of different industries.
- Demand for trekking poles as people are staying indoors and not going any trips
- The impact of COVID-19 has caused the downfall in the logistics networks, which has decreased the inventory in the companies.
- Export and import have also decreased which has affected the supply of the products.
- Due to closure of retail stores, sales have also decreased and leading to stoppage in cash flow.
- Many productions are closed, owing to lack of inventory and restrictions implied by governments.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Growth in purchasing power and consumer investing in recreational activities drive growth of the global trekking poles market. Rise in camping sites, field trips, and outdoor activities boost demand for trekking poles. In addition, increase in snow sports have contributed toward growth of the global market.
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However, quality of trekking poles can create a threat to the global market as they are easily damaged and their sharp tips affect vegetation. Rise in tourism and travel industry and boost in e-commerce industry also greatly contributes toward the market growth. Furthermore, rise in popularity of trek apps, and trail series increases demand for trekking poles. Launch of innovative products with upgraded versions create opportunities for the market growth. In addition, rise in awareness regarding benefits of trekking such as improvement in mental and physical health; reduced stress; prevention of diseases such as diabetes and blood pressure; and increase in fitness supports growth of the global trekking market.Â
Key Segments Covered:
Segments | Subsegments |
 Products |
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 Application |
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 Sales Channel |
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Key Benefits of the Report:
- This study presents the analytical depiction of the global trekking poles industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global trekking poles market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global trekking poles market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.Â
- The report provides a detailed global trekking poles market analysis based on competitive intensity and how the competition will take shape in coming years.Â
Questions Answered in the trekking poles market research report:
- Who are the leading market players active in the trekking poles market?
- What would be the detailed impact of COVID-19 on the market?
- What current trends would influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the trekking poles market?
- What are the projections for the future that would help in taking further strategic steps?
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