India Hiking Shoes Market Report and Forecast 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

India Hiking Shoes Market Report Snapshots

India Hiking Shoes Market Size

India Hiking Shoes Market Trends

India Hiking Shoes Market Analysis

India Hiking Shoes Companies