India Hiking Gear and Equipment Market

India Hiking Gear and Equipment Market Overview:

The India hiking gear and equipment market size reached USD 240.0 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 360.0 Million by 2033, exhibiting a growth rate (CAGR) of 4.9% during 2025-2033. The market is driven by rising adventure tourism, government initiatives promoting eco-tourism, expanding disposable incomes, growing interest in fitness and outdoor activities, expanding e-commerce accessibility, and the surge in domestic sports goods manufacturing, making high-quality hiking products more affordable and widely available to enthusiasts nationwide.

India Hiking Gear and Equipment Market Trends:

Surge in Adventure Tourism

Adventure tourism has become a vibrant segment of India's tourism industry, drawing both domestic and foreign tourists in search of novel experiences. The adventure tourism market in India has been escalating at a fast pace in the 21st century, with travelers venturing into unexplored locations and distant areas. New trends in novel and unparalleled experiences allow new destinations to emerge as promising opportunities for enthusiastic tourists in search of exploration and self-expression. The Indian government has identified the rising potential of adventure tourism and is promoting it in a big way. Activities like infrastructure development in adventure tourism centers, staging events, and developing safety guidelines have been taken to promote this industry. The attention given to adventure tourism by the Ministry of Tourism can be gauged from the specific portal that features a range of adventure activities and sites in the country. This progressing trend of adventure tourism is directly related to the demand for hiking equipment and gear. With increasing numbers of people going on trekking and hiking tours, the demand for good quality gear becomes a priority. This encompasses basic items such as trekking boots, rucksacks, tents, safety gear, etc. The favorable trend in domestic tourism, along with the government's focus on adventure tourism, has provided a favorable platform for the hiking gear market to grow.

Expansion of the Sports Goods Manufacturing Industry

India's sports goods manufacturing sector has been on a progressive path, contributing heavily to the economy and serving both domestic and global markets. The Indian sports goods market is projected to reach USD 6.6 billion by 2027 from USD 3.9 billion in 2020-21. The major sports goods manufacturing clusters will be crucial in achieving growth goals. Government assistance has played a key role in this development. Programs such as the 'Make in India' initiative have boosted local manufacturing, resulting in new production facilities being set up and old ones being upgraded. Emphasis on quality and compliance with global standards has enabled Indian sports equipment to compete more effectively in international markets. The expansion of the sports equipment industry has a direct positive effect on the hiking equipment and gear market. With more manufacturing capacity, there is a higher supply of hiking products, usually at lower prices. This not only satisfies local demand but also makes India a potential exporter of hiking equipment. Growth of the industry is a guarantee to customers who now have exposure to an abundance of products from standard hiking gadgets to expert hardware catering to recreational walkers and advanced trekker expeditions.

India Hiking Gear and Equipment Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on product, gender, and distribution channel.

Product Insights:

• Clothes
• Footwear
• Backpack
• Equipment
• Others

The report has provided a detailed breakup and analysis of the market based on the product. This includes clothes, footwear, backpack, equipment, and others.

Gender Insights:

• Men
• Women
• Kids

A detailed breakup and analysis of the market based on the gender have also been provided in the report. This includes men, women, and kids.

Distribution Channel Insights:

• Online
• Offline

A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes online and offline.

Regional Insights:

• North India
• South India
• East India
• West India

The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

India Hiking Gear and Equipment Market News:

• January 2025: Tripole Gears, an outdoor and hiking gear company, received investment from Ritesh Agarwal on Shark Tank India Season 4, which enhanced its market share. This investment raised awareness and trust in Indian-made hiking equipment among consumers. The investment and guidance have fueled innovation and development, contributing to the hiking gear and equipment market in India.
• September 2024: Decathlon joined hands with Zepto to provide its sports equipment in 16 Indian cities, such as Mumbai, Bengaluru, Delhi-NCR, Chennai, and Hyderabad. The partnership improves availability of hiking equipment and gear, allowing enthusiasts to easily procure essentials. With the inclusion of Decathlon's products in Zepto's delivery ecosystem, customers have the advantage of convenient access to good quality hiking products, fueling their active lifestyle.

India Hiking Gear and Equipment Market Report Coverage:

Key Questions Answered in This Report:

• How has the India hiking gear and equipment market performed so far and how will it perform in the coming years?
• What is the breakup of the India hiking gear and equipment market on the basis of product?
• What is the breakup of the India hiking gear and equipment market on the basis of gender?
• What is the breakup of the India hiking gear and equipment market on the basis of distribution channel?
• What are the various stages in the value chain of the India hiking gear and equipment market? 
• What are the key driving factors and challenges in the India hiking gear and equipment market?
• What is the structure of the India hiking gear and equipment market and who are the key players?
• What is the degree of competition in the India hiking gear and equipment market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India hiking gear and equipment market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the India hiking gear and equipment market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India hiking gear and equipment industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.