Trekking Poles to Rise in Demand Globally: Ken Research
Added: (Thu May 18 2017)
Pressbox (Press Release) -
Ken Research has published its recent report named, “Global Trekking Poles Industry In-Depth Investigation and Analysis Report 2017” which provides major statistics on the condition of the industry and gives a valuable source of guidance and direction for companies and individuals who are interested in the market.
The report studies the trekking poles in the global market, particularly in North America, Europe, China, Japan, Southeast Asia and India, with production, revenue, consumption, import and export in these regions, from 2011 to 2016, and forecast to 2020.
It highlights the key technological and market trends in the trekking poles market and further lays out an analysis of the factors influencing the supply/demand for trekking poles, and the opportunities/challenges faced by industry participants.
Most people believe that trekking poles reduce impact on their joints, help establish a walk rhythm, increase traction, assist balance and help displace weight; and these reasons have aided the industry to prosper well in the years of review.
The compounded annual growth rate of the trekking poles industry had been 2.6% while the industries of trekking poles of countries namely the United States, Europe, Japan, and China have accounted for 44% of the global consumer market share.
Companies including: High Trek, Cascade Mountain Tech, Black Diamond, Hiker Hunger, Himal, Sterling Endurance, Brazos Walking Sticks, Black Diamond, Leki, Pacemaker Stix, Sona, Agptek, Mountain smith, Mountaintop, KOMPERDELL, CARBON and more are the major players in this industry worldwide.
In the UK, research studies have focused not only on the uphill but also on how people perceive their effort while trekking uphill and participant at Northumbria University (2010) found that when they were climbing, it felt easier if they were using trekking poles even though they were expending more calories; so this consumer need for the product has helped maintain the market position of the industry. The average output growth rate of the industry in China is 3% and it is further trusted to augment rapidly with an average growth rate of 3.1% in the future.
The demand for this industry is forecasted to rise without a pause since the market of the industry tends to be concentrated in economic developed regions and the consumer markets of emerging economies like China, India, Brazil, etc is on the ascend.
Key Topics Covered in the Report:
UK Trekking Poles Industry
Global Trekking Poles Industry Size
Global Trekking Poles Industry Share
Global Trekking Poles Demand Trends
North America Trekking Poles Industry
Global Trekking Poles Industry Analysis
Global Trekking Poles Market Competition
Global Trekking Poles Industry Market Report
Global Trekking Poles Industry Future Outlook
For more coverage click on the link below:
Ankur Gupta, Head Marketing & Communications