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India Hiking Shoes Market Size, Growth, Forecast: By Design: Low Cut, Mid Cut, High 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
India Hiking Shoes Market Outlook
The India hiking shoes market size reached approximately USD 0.87 billion in 2023. The market is projected to grow at a CAGR of 5.6% between 2024 and 2032, reaching a value of around USD 1.39 billion by 2032.
Key Trends in the Market
Hiking shoes are a type of boot that is designed to provide comfort, water resistance, and protection against bruising when crossing rough terrain. These shoes have a durable and robust outsole made of materials like rubber or specialised rubber compounds to provide good traction on various surfaces, including rocky, muddy, and slippery terrain.
- The India hiking shoes market demand is likely to surge in the foreseeable future owing to the increasing interest of consumers in customisation and personalisation. This trend is increasing with more manufacturers offering customisation options, allowing customers to choose specific features, colours, and fit preferences. This approach caters to individual preferences and provides a unique shopping experience.
- One of the key India hiking shoes market trends is the rapid expansion of e-commerce platforms. The proliferation of e-commerce platforms has revolutionised the retail landscape in India. Consumers now have easy access to a wide range of hiking shoe brands and models through online channels. This convenience, coupled with a broader selection and often competitive pricing, has significantly boosted the online sales of hiking footwear.
- The increasing shift of consumer interest towards sustainable and eco-friendly products is expected to surge the India hiking shoes market growth in the coming years. Owing to the rising awareness of environmental sustainability and ethical production practices in India, consumers are now seeking products that are made using eco-friendly materials and sustainable manufacturing processes. This trend has influenced the shoe market, prompting manufacturers to incorporate recycled materials, reduce waste, and implement sustainable practices in their production.
Market Analysis
Based on design, the market can be segmented into low cut, mid cut, and high cut. The India hiking shoes market segmentation, based on distribution channel, includes offline retail stores and online retail stores. The market division, based on end user, includes men, women, and kids. The major regional markets for hiking shoes in India are North India, East and Central India, West India, and South India.
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the India hiking shoes market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
- PUMA SE
- NIKE, Inc.
- Adidas AG
- Decathlon Sports India Pvt Ltd.
- Aero Group
- Leayan Global Pvt. Ltd.
- VF corporation
- Bata India Limited
- Skechers South Asia Pvt. Ltd.
- Others
Market Share by Design
According to the India hiking shoes market analysis, low-cut shoes are likely to be in high demand during the forecast period as they offer a high level of comfort and flexibility. They allow for a more natural range of motion, making them ideal for activities like day hikes, trail running, and fastpacking.
Low-cut hiking shoes are generally lighter than traditional hiking boots, reducing the strain on the legs and feet during extended periods of activity, which makes them suitable for faster-paced hikes and activities that require agility.
Market Share by End User
The increasing demand for hiking shoes among men due to more people engaging in hiking and trekking activities is likely to enhance the India hiking shoes market share in the coming years. The demand for hiking shoes among both women and men is expected to further rise with manufacturers emphasising the utilisation of innovative materials, such as specialised rubber compounds for outsoles, breathable and water-resistant fabrics for uppers, and advanced cushioning materials.
Competitive Landscape
PUMA SE is one of the largest footwear brands in the world. It is commonly referred to as PUMA and is a German multinational corporation that specialises in the design, manufacturing, and marketing of athletic and casual footwear, apparel, and accessories. Founded in 1948, the company has become one of the world's leading sportswear brands and is known for its distinctive cat logo.
NIKE, Inc. is an American multinational corporation known for its extensive range of athletic footwear, apparel, equipment, and accessories. Since its foundation in 1964, the company has produced a wide range of athletic footwear for various sports, including running, basketball, soccer, and more. NIKE is known for its high-profile athlete endorsements and collaborations with celebrities, sports figures, and fashion designers.
Adidas AG is a German multinational corporation that is renowned for its sports footwear, apparel, and accessories. It is one of the largest sportswear manufacturers in the world and is headquartered in Herzogenaurach, Germany. Founded in 1949, the company produces different types of products for a wide range of sports including soccer, basketball, running, golf, and more.
Other India hiking shoes market players include Decathlon Sports India Pvt Ltd., Aero Group, Leayan Global Pvt. Ltd., VF corporation, Bata India Limited, and Skechers South Asia Pvt. Ltd., among others.
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:
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| Breakup by Design |
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| Breakup by Distribution Channel |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*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
7 Opportunities and Challenges in the Market
8 India Hiking Shoes Market Overview
8.1 Key Industry Highlights
8.2 India Hiking Shoes Historical Market (2018-2023)
8.3 India Hiking Shoes Market Forecast (2024-2032)
9 India Hiking Shoes Market by Design
9.1 Low Cut
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Mid Cut
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 High Cut
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
10 India Hiking Shoes Market by Distribution Channel
10.1 Offline Retail Stores
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Online Retail Stores
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 India Hiking Shoes Market by End User
11.1 Men
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Women
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Kids
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 India Hiking Shoes Market by Region
12.1 North India
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 East and Central India
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 West India
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 South India
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 PUMA SE
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 NIKE, Inc.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Adidas AG
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Decathlon Sports India Pvt Ltd.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Aero Group
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Leayan Global Pvt. Ltd.
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 VF corporation
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Bata India Limited
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Skechers South Asia Pvt. Ltd.
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. India Hiking Shoes Market: Key Industry Highlights, 2018 and 2032
2. India Hiking Shoes Market: Key Industry Highlights, 2018 and 2032
3. India Hiking Shoes Historical Market: Breakup by Design (USD Billion), 2018-2023
4. India Hiking Shoes Market Forecast: Breakup by Design (USD Billion), 2024-2032
5. India Hiking Shoes Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
6. India Hiking Shoes Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
7. India Hiking Shoes Historical Market: Breakup by End User (USD Billion), 2018-2023
8. India Hiking Shoes Market Forecast: Breakup by End User (USD Billion), 2024-2032
9. India Hiking Shoes Historical Market: Breakup by Region (USD Billion), 2018-2023
10. India Hiking Shoes Market Forecast: Breakup by Region (USD Billion), 2024-2032
11. India Hiking Shoes Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 0.87 billion.
The market is projected to grow at a CAGR of 5.6% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of around USD 1.39 billion by 2032.
The market is being driven by the increasing demand for customisation and personalisation and the rising number of people engaging in hiking and trekking activities.
The growing demand for sustainable and eco-friendly products and the rapid expansion of e-commerce platforms are expected to propel the market expansion in the forecast period.
The major regional markets are North India, East and Central India, West India, and South India.
The different end-uses of hiking shoes are men, women, and kids.
The key players in the market include PUMA SE, NIKE, Inc., Adidas AG, Decathlon Sports India Pvt Ltd., Aero Group, Leayan Global Pvt. Ltd., VF corporation, Bata India Limited, and Skechers South Asia Pvt. Ltd., among others.
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