Global Hiking Footwear Market Overview
According to Global Market Monitor, the global hiking footwear market size is $7315.68 million in 2024 and is expected to grow to $8856.24 million by 2029.
The hiking footwear market includes a range of shoes and boots designed for outdoor activities such as hiking, trekking, and mountaineering. Provides a good grip and is light enough.Hiking Footwear companies are mainly from Europe. The industry concentrate rate is low. The top three companies are Adidas, Nike, and Asics.
Market Drivers
An increasing number of tourist hotspots around the world are providing hiking places for tourists, contributing to the increase in the consumption of hiking shoes, thus becoming the driving factor for the market growth. The increasing use of hiking shoes by people hunting, fishing, and spending day and night in harsh conditions in the wilderness has also led to a surge in demand. The increasing number of people participating in adventure sports such as mountain biking, rock climbing, caving, etc. helps to increase the demand for the product as it helps to protect the feet from debris and slippery landscapes. The increasing number of researchers researching forests and wildlife has also boosted the use of the product, as it provides them with an excellent grip and protects them from insects, bacteria, and debris that can harm their feet.
Governments around the world are taking proactive steps to manage hiking trails and recreational venues, aiming to foster a culture of outdoor participation. Hiking is becoming a cost-effective pursuit and the growing demand for hiking shoes and hiking shoes is contributing to the growth of the hiking shoes market.
Regional Market
Countries such as Germany, France, Russia, and the UK have seen a surge in participation in hiking and trail running, regulated and supported by organizations such as the European Ramblers Association and the European Walking Project. These organizations strengthen outdoor tourism infrastructure, promote physical activity, and facilitate the construction and maintenance of trails. With beautiful mountain areas such as the Eye of the Sea in Poland, the Dolomites in Italy, and the Stanser Peak in Switzerland, Europe is expected to see significant growth during the forecast period. Most of these places are reserved for hiking purposes and do play a vital role in the growing demand for products.
North America holds a major share in the hiking shoe market, and the increasing participation of people in outdoor activities such as bird watching, wildlife photography, camping, rafting, etc., also contributes to the rise in the consumption of hiking shoes. In addition, the beautiful national parks in the region, such as the Grand Canyon, Acadia, Yosemite, etc., attract a lot of tourists and these places require hiking to experience the beautiful scenery they offer, so this is one of the prosperous factors for the growth of the market.
Company Name |
Adidas |
Website |
www.adidas.com |
Established Time |
1949 |
Plants Distribution |
Europe, Asia, Americas |
Sales Region |
Worldwide |
Market Position or History |
It is the largest sportswear manufacturer in Europe and the second-largest in the world |
Competitors |
Nike, Asics, Danner, Merell, Keen, Red Wing Shoe Company (Vasque), New Balance, Under Armour, HOKA, Brooks Sports |
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