Sale

Hiking Footwear Market

Global Hiking Footwear Market Size, Share, Report: By Design Style: Low Cut, Mid Cut; By Distribution Channel: Offline Retail Stores, Online Retail Stores; By End User: Men, Women, Kids; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032

Global Hiking Footwear Market Size

The global hiking footwear market reached a value of about USD 19.95 billion in 2023. The market is further estimated to grow at a CAGR of 3.40% in the forecast period of 2024-2032 to reach a value of around USD 26.94 billion by 2032.

 

Hiking Footwear Market Outlook

  • As per industry reports, for the fiscal year ending May 2021, hiking footwear sales grew 20% over the same period in 2019.
  • By 2033, worldwide hiking footwear sales are expected to reach up to USD 26.73 billion.
  • Almost 80% of hikers start their hikes in trail runners, while only 13% begin in boots. Other footwear choices include low-top hiking shoes, sandals, and high-top trail runners.

 

hiking footwear market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Hiking Footwear Market Growth

Hiking footwear, also known as hiking boots, is developed to protect the feet and ankles from injury during activities like hiking. It offers comfort and support to the wearer while walking over rough terrains. The different types of hiking footwear include trail hikers, trail shoes, and hiking boots.

 

The hiking footwear market is being positively impacted by the increasing sales of hiking footwear through online retail stores, driven by rising purchasing power and the growing importance of recreational activities for stress relief and mental health. Additionally, the growing interest in hiking as a leisure activity, with its associated health benefits like improved cardiorespiratory fitness, lower blood pressure, and reduced risk of heart disease, is boosting the market’s growth.

 

Key Trends and Developments

Rising popularity of hiking as a recreational activity, flourishing adventure tourism industry, and growing adoption of eco-friendly footwear are factors supporting the hiking footwear market expansion

 

March 2024

Nike has transformed its iconic Air Max Plus sneaker into a rugged hiking boot, dubbed the Air Max Plus Hiker. The new design provides waterproof protection and a unique rust gradient pattern. Each pair comes with a mini pouch on the heel, adding a functional touch to the adventurous shoe.

 

November 2023

Nike's ACG line revived the Air Torre Mid hiking boot that featured a durable nylon underlay with suede overlays and hiking eyelets, along with a thick rubber outsole. The release was available on SNKRS app and select retailers.

 

August 2023

Mizuno launched a new black colour model of its Wave Neo Collection, which features Mizuno's latest running shoe technology. This launch expanded the range of eco-friendly options available to runners looking to minimise their environmental impact through their footwear choices.

 

Rising popularity of hiking as a recreational activity

One of the most significant trends driving the hiking footwear market growth is the growing popularity of hiking as an outdoor recreational activity. Hiking offers distinct excitement and thrills, especially for younger generations, and helps people connect with nature while revitalising their mind and body.

 

Flourishing adventure tourism industry

Young travellers are more inclined to experience unique adventures by exploring difficult-to-reach destinations or remote areas like mountains, canyons, and sub-tropical ranges. This trend is expected to create opportunities for prominent players in the hiking footwear market, as visitors need specialised footwear to explore these destinations safely.

 

Increasing adoption of eco-friendly and sustainable footwear

The surging demand for eco-friendly and sustainable footwear is a prominent trend. Vendors like La Sportiva and Adidas are manufacturing eco-friendly hiking and trail running shoes by using faux leather and ethically sourced synthetics to create vegan-friendly options.

 

Hiking Footwear Market Trends

The governments in various countries are taking initiatives to promote physical activities and manage hiking trails and spots to encourage more people to participate in this activity. Hiking is also relatively affordable and does not require extensive expenditure on equipment. Moreover, the importance of hiking footwear in enabling a smooth hiking experience and reducing the risk of an ankle injury is influencing the hiking footwear market development as manufacturers are introducing different types of hiking footwear, such as trail runners, trail shoes, light hiking boots, and heavy hiking boots. As a result, the rising demand for trekking and hiking shoes, along with the increasing sales of mountaineering boots, is contributing to the market's growth.

 

hiking footwear market by segments

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Hiking Footwear Industry Segmentation

The EMR’s report titled “Hiking Footwear Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

 

Market Breakup by Design Style

  • Low Cut
  • Mid Cut
  • High Cut

 

Market Breakup by Distribution Channel

  • Offline Retail Stores
  • Online Retail Stores

 

Market Breakup by End User

  • Men
  • Women
  • Kids

 

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 

Hiking Footwear Market Share

Mid-cut footwear designs are preferred as they offer adequate ankle support to hikers

Mid-cut hiking footwear offers better ankle support than low-cut designs, making it suitable for more challenging hikes and those who carry heavy backpacks. According to the hiking footwear market report, the mid-cut segment is expected to dominate due to its ability to provide a balance between ankle support and mobility.

 

In contrast, low-cut hiking footwear is designed for casual hiking and trail walking. It is often preferred for shorter, easier hikes. The low-cut segment is expected to grow at a moderate rate due to its popularity among casual hikers and those who prefer a more minimalist approach to hiking.

 

Meanwhile, high-cut hiking footwear offers the highest level of ankle support and is typically used for more extreme hiking conditions, such as mountaineering or backpacking. However, the high-cut segment is expected to grow at a slower rate due to its higher cost compared to low-cut and mid-cut designs.

 

Rising sales of hiking footwear via online retail stores can propel the hiking footwear market growth

Based on distribution channel, the online retail stores segment is expected to witness a significant growth in the market over the forecast period. The increasing sales of hiking footwear through these channels can be attributed to the rising purchasing power and the growing importance of recreational activities in one’s life to reduce stress and boost mental health.

 

As per hiking footwear market analysis, the expansion of e-commerce platforms, the growing inclination of people towards nature, and the increasing number of people taking part in hiking activities is providing impetus to the segment’s growth. Also, the rising adoption of marketing strategies by the key industry players in promoting their quality hiking footwear has resulted in the market expansion.

 

Leading Companies in the Hiking Footwear Market

Market players are investing in new product launches and expanding their product portfolios through mergers and acquisitions

 

Amer Sports Corporation was founded in 1950 and is headquartered in Helsinki, Finland. The company is a leading global sports equipment, apparel, and footwear manufacturer. Its portfolio includes several well-known brands such as Salomon, Peak Performance, and Wilson.

 

PUMA SE was founded in 1948 and is headquartered in Bavaria, Germany. The company offers a wide range of athletic and casual footwear, apparel, and accessories. PUMA's products cater to various sports and lifestyle segments, including football, running, training, and fashion.

 

Wolverine World Wide, Inc. was founded in 1883 and is headquartered in Michigan, United States. Company’s portfolio includes several well-known brands such as Merrell, Hush Puppies, and Saucony. The company focuses on providing high-quality footwear, apparel, and accessories for various outdoor and lifestyle activities, including hiking, running, and casual wear.

 

NIKE, Inc. was founded in 1964 and is headquartered in Oregon, United States. The company is a global leader in the design, development, and sale of athletic footwear, apparel, and accessories. NIKE's products cater to various sports and lifestyle segments, including running, basketball, football, and fashion.

 

Other key players in the global hiking footwear market include Mizuno Corporation and New Balance, Inc., among others.

 

hiking footwear market by region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Hiking Footwear Market Analysis by Region

North America leads the market, driven by the increasing popularity of hiking as a recreational activity

North America is a mature market for hiking footwear due to the rising popularity of outdoor activities and hiking. For instance, according to an estimation by the Outdoor Foundation in 2018, around 146.1 million people in the United States participated in outdoor activities. This trend is expected to promote regional market growth.

 

Europe is also expected to hold a significant hiking footwear market share due to the higher acceptance and penetration of hiking footwear compared to other regions. Europeans are more likely to engage in hiking activities than their counterparts in the Americas. The region's well-developed hiking trail infrastructure and the increasing popularity of outdoor activities among the younger generation are driving the market growth.

 

Asia Pacific is also anticipated to witness substantial growth in the market due to the increasing number of tourists visiting mountains and hiking trails. For example, the Eye of Sea in Poland is a popular tourist destination that attracts many hikers. The region's growing middle-class population and rising disposable incomes are also contributing to the market's expansion.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Design Style
  • Distribution Channel
  • End User
  • Region
Breakup by Design Style
  • Low Cut
  • Mid Cut
  • High Cut
Breakup by Distribution Channel
  • Offline Retail Stores
  • Online Retail Stores
Breakup by End User
  • Men
  • Women
  • Kids
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Mizuno Corporation
  • New Balance, Inc.
  • Amer Sports Corporation
  • PUMA SE
  • Wolverine World Wide, Inc.
  • NIKE, Inc.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Hiking Footwear Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Hiking Footwear Historical Market (2018-2023) 
    8.3    Global Hiking Footwear Market Forecast (2024-2032)
    8.4    Global Hiking Footwear Market by Design Style
        8.4.1    Low Cut
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Mid Cut
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    High Cut
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
    8.5    Global Hiking Footwear Market by Distribution Channel
        8.5.1    Offline Retail Stores
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Online Retail Stores
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Hiking Footwear Market by End User
        8.6.1    Men
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Women
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Kids
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)    
    8.7    Global Hiking Footwear Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Hiking Footwear Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Hiking Footwear Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Hiking Footwear Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Hiking Footwear Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Hiking Footwear Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Mizuno Corporation
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    New Balance, Inc.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Amer Sports Corporation
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    PUMA SE
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Wolverine World Wide, Inc.
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    NIKE, Inc.
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Others
17    Key Trends and Developments in the Market

 

List of Figures and Tables

1.    Global Hiking Footwear Market: Key Industry Highlights, 2018 and 2032
2.    Global Hiking Footwear Historical Market: Breakup by Design Style (USD Billion), 2018-2023
3.    Global Hiking Footwear Market Forecast: Breakup by Design Style (USD Billion), 2024-2032
4.    Global Hiking Footwear Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
5.    Global Hiking Footwear Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
6.    Global Hiking Footwear Historical Market: Breakup by End User (USD Billion), 2018-2023
7.    Global Hiking Footwear Market Forecast: Breakup by End User (USD Billion), 2024-2032
8.    Global Hiking Footwear Historical Market: Breakup by Region (USD Billion), 2018-2023
9.    Global Hiking Footwear Market Forecast: Breakup by Region (USD Billion), 2024-2032
10.    North America Hiking Footwear Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    North America Hiking Footwear Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Europe Hiking Footwear Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Europe Hiking Footwear Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Asia Pacific Hiking Footwear Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Asia Pacific Hiking Footwear Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Latin America Hiking Footwear Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Latin America Hiking Footwear Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Middle East and Africa Hiking Footwear Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Middle East and Africa Hiking Footwear Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Global Hiking Footwear Market Structure

Key Questions Answered in the Report

In 2023, the market attained a value of nearly USD 19.95 billion.

The hiking footwear market is assessed to grow at a CAGR of 3.40% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach almost USD 26.94 billion by 2032.

The major market drivers include the health benefits of hiking, availability of different types of hiking footwear, increasing sales through online retail stores, and exceptional characteristics of hiking footwears.

Key trends aiding market expansion include the rising popularity of hiking as a recreational activity, government initiatives towards promoting hiking, and initiatives by market players in developing superior quality hiking footwear.

Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Based on design styles, the market is divided into low cut, mid cut, and high cut.

The different distribution channels of the market include offline retail stores and online retail stores.

The major end uses in the market include men, women, and kids.

Key players in the market are Mizuno Corporation, New Balance, Inc., Amer Sports Corporation, PUMA SE, Wolverine World Wide, Inc., and NIKE, Inc., among others.

Purchase Full Report

Mini Report

$ 2199     $1999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3299     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
most popular

Five User License

$ 4399     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5499     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER