The market is driven by the increasing premiumization of hiking and trail running footwear, the rising prominence of hiking and trail running as an outdoor recreational activity, and growing support for outdoor hiking and trail running through associations
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The hiking and trail footwear market is forecasted to grow by USD 6.17 billion during 2023-2028, accelerating at a CAGR of 8.18% during the forecast period. The report on the hiking and trail footwear market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing premiumization of hiking and trail running footwear, rising prominence of hiking and trail running as outdoor recreational activity, and growing support for outdoor hiking and trail running through associations.
The hiking and trail footwear market is segmented as below:
By Product
- Hiking footwear
- Trail running footwear
By Distribution Channel
- Offline
- Online
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
This study identifies the rising popularity of eco-friendly footwear as one of the prime reasons driving the hiking and trail footwear market growth during the next few years. Also, rapid growth in online sales of hiking and trail footwear and growing popularity of maximalist hiking and trail running shoes will lead to sizable demand in the market.
The report on the hiking and trail footwear market covers the following areas:
- Hiking and trail footwear market sizing
- Hiking and trail footwear market forecast
- Hiking and trail footwear market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hiking and trail footwear market vendors that include Adidas AG, ANTA Sports Products Ltd., ASICS Corp., BOREAL, Columbia Sportswear Co., Deckers Outdoor Corp., Frasers Group plc, GALAXY UNIVERSAL LLC, KEEN Inc., La Sportiva Spa, Lukas Meindl GmbH and Co. KG, Nike Inc., PUMA SE, Red Wing Brands of America Inc., Skechers USA Inc., Tecnica Group SpA, Under Armour Inc., VF Corp., Wildcraft India Pvt. Ltd., and Wolverine World Wide Inc.. Also, the hiking and trail footwear market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
Executive Summary
The analyst recognizes the following companies as the key players in the global hiking and trail footwear market: Adidas AG, ANTA Sports Products Ltd., ASICS Corp., BOREAL, Columbia Sportswear Co., Deckers Outdoor Corp., Frasers Group plc, GALAXY UNIVERSAL LLC, KEEN Inc., La Sportiva Spa, Lukas Meindl GmbH and Co. KG, Nike Inc., PUMA SE, Red Wing Brands of America Inc., Skechers USA Inc., Tecnica Group SpA, Under Armour Inc., VF Corp., Wildcraft India Pvt. Ltd., and Wolverine World Wide Inc.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is rising popularity of eco-friendly footwear.'
According to the report, one of the major drivers for this market is the increasing premiumization of hiking and trail running footwear.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Adidas AG
- ANTA Sports Products Ltd.
- ASICS Corp.
- BOREAL
- Columbia Sportswear Co.
- Deckers Outdoor Corp.
- Frasers Group plc
- GALAXY UNIVERSAL LLC
- KEEN Inc.
- La Sportiva Spa
- Lukas Meindl GmbH and Co. KG
- Nike Inc.
- PUMA SE
- Red Wing Brands of America Inc.
- Skechers USA Inc.
- Tecnica Group SpA
- Under Armour Inc.
- VF Corp.
- Wildcraft India Pvt. Ltd.
- Wolverine World Wide Inc.
