Outdoor Gear Website for Sale

Outdoor Gear Website for Sale

According to a report released by 360 Research Report, the global outdoor gear market was worth $44900 million in 2018 but is expected to reach $72100 million by the end of 2025, registering a CAGR of — during the forecast period 2019-2025.

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The global outdoor gear market includes:

  • Apparel
  • Shoes
  • Backpacks
  • Gear
  • Accessories
  • Equipment

The global outdoor apparel market alone is experiencing a market surge across various regions.

According to a recent report, the market is anticipated to reach $19,639 Mn by 2026, registering a CAGR of 5.6% during the forecast period 2018 to 2026.

Products that make up the outdoor apparel market include clothing and footwear designed for outdoor activities and sports, such as:

  • Top Wear
    • Shirts & T-Shirts
    • Jackets & Hoodies
  • Bottom Wear
    • Trousers
    • Shorts
    • Leggings & Tights

In addition, more women are buying outdoor clothing in North America than men, due to an increase in participation of women in outdoor activities. However, the opposite is happening in the Asia-Pacific region as more men are buying outdoor clothing than women.

The outdoors market is expected to do well over the coming years for a variety of reasons. To start, there has been a general increase in health awareness across the globe. More and more individuals are incorporating outdoor activities into their daily lives in hopes of leading a healthier lifestyle.

Furthermore, a growing participation of people in a variety of sports has also influenced the global outdoors market. Because sports activities are increasing, there is a growing demand for gear and equipment in outdoor settings.

Other factors influencing the market include:

  • Rise of Disposable Income – An increase in disposable income in various regions across the globe is playing a major part in improving the global outdoors market. As personal income increases, consumers are more likely to purchase goods and services for fun.
  • Increased Urbanization – Increased urbanization in developing countries is fueling the global outdoors market with an emerging middle class.

Millennial Population – According to a recent report from the Outdoor Foundation, participation in outdoor activities increased with the millennial age group showing the largest increase.