The Global Avalanche Backpack Market is valued at USD 84.1 billion in 2022 and is projected to reach a value of USD 141.7 billion in 2030 expanding at a considerable CAGR of 5.3% over the forecast period of 2022-2030.
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Mostly used as safety equipment during skiing and mountaineering, avalanche airbags. The system includes a backpack and airbags that inflate when the user enters a snowstorm.
These were created with the intention of enhancing user functionality. Additionally, avalanche airbags function according to the physical concept of inverse segregation, which makes sure that smaller snowflakes fall during an avalanche while larger ones are carried to the top.
Additionally, the inflated airbag increases the trekker’s volume, ensuring that he floats on top of the snow rather than sinks beneath it.
Over the forecast period, the demand for avalanche airbags is expected to increase due to the rising popularity of adventure sports like skiing and hiking as well as a preference for safety gear to prevent being buried under snow and perhaps suffering injuries during a snow slide.
Avalanche airbag sales are expected to grow in the market over the next few years as a result of increased fatalities from snow slips and businesses investing in new product development to provide safety to consumers who like hiking and climbing.
Global Avalanche Backpack Market- Segmental analysis of the Market
Based on Type
• Canister-based Airbag
• Fan-based Airbag
The fan-based airbag segment has dominated the market growth over the forecast period. this is because of their ease of use. They can be used multiple times, charged easily using a lithium ion battery. They are easy to pack and carry during an expedition.
Based on Size
• Below 25 Liters
• Between 25 – 35 Liters
• Above 35 Liters
The between 25-35 litres segment has dominated the market growth over the forecast period.
Based on Application
• Skiing
• Climbing
• Hiking
• Snowboarding
• Split Boarding
• Snowmobile
• Others
The skiing segment has dominated the market growth over the forecast period. This is because of rising popularity of snow-related sports.
Based on Price
• Low (Below US$ 500)
• Medium (US$ 500- US$ 800)
• High (Above US$ 800)
The medium segment has dominated the market growth over the forecast period.
Global Avalanche Backpack Market- Geographical analysis of the Market
The Global Avalanche Backpack Market is segmented into 4 main regions namely, North America, Europe, Asia Pacific, and Middle east and Africa. Among these, Asia Pacific has dominated the market growth over the forecast period. This is because of the consumer willingness to spend on recreational sports, rising population, increase in per capita income. India and China are expected to be the prominent countries driving the market, due to large scale production facilities which reduce per cost unit of production which can be passed down to consumers in the market.
Global Avalanche Backpack Market- Competitive Landscape
Some of the prominent companies operating in the market are Arc’tyerx, Backcountry Access, Black Diamond Equipment, Ltd, Mammut Sports Group AG Products.
Report Scope
Global Avalanche Backpack Market: Historical Period- 2018-2021
Global Avalanche Backpack Market: Industry and Forecast Period- 2022-2030
Global Avalanche Backpack Market 2022- USD 84.1 billion
Global Avalanche Backpack Market 2030- USD 141.7 billion
Global Avalanche Backpack Market CAGR- 5.3%
Major Segments Covered
• Type (Canister-based Airbag and Fan-based Airbag)
• Size (Below 25 Liters, between 25 – 35 Liters, above 35 Litres)
• Application (Skiing, Climbing, Hiking, Snowboarding, Split Boarding, Snowmobile, Others)
• Price (low, medium, high)
Key Countries and Regions Covered
• North America (United States, Canada)
• Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa
Top companies profiled- Arc’tyerx, Backcountry Access, Black Diamond Equipment, Ltd, Mammut Sports Group AG Products.
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