About Hiking Boots Hiking Shoes
Hiking and climbing have seen a surge in popularity over the last several years. People are hiking as part of their overall fitness programs and teenagers are participating in programs such as Outward Bound that involve extensive wilderness travel. Hiking boots and shoes are keep feet supported and comfortable, whether user walking over rough rocks or gravel trails or are carrying a light pack or an expedition-weight load. The soles of hiking footwear are always rubber, but the part that wraps around your foot (often called uppers) can be made of different types of materials.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Leading key players of hiking boots hiking shoes are focusing on strategic partnerships and new product launch to improve their products and services along with focusing on increasing their client base to strengthen market position. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Hiking Boots Hiking Shoes market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Lowa (United States), Scarpa (Italy), Garmont (Italy), TNF (United States), Merrell (United States), Toread (China), Adidas (Germany), Nike (United States), Solomon (France) and Relaxo Footwears (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Hiking Boots Hiking Shoes market by Type (Hiking Boots and Hiking Shoes) and Region.
On the basis of geography, the market of Hiking Boots Hiking Shoes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Hiking Boots Hiking Shoes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Full-Grain Leather will boost the Hiking Boots Hiking Shoes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Men will boost the Hiking Boots Hiking Shoes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Technological Advancements in Wearables Associated With Footwear
Market Growth Drivers:
Growing Awareness about Healthy and Energetic Lifestyle and Constantly Investment in R&D Results in Improvement in Shoes Material and Promotional Strategies
Challenges:
Availability of Cheap Alternative Shoes in the Market
Restraints:
Lack of Popularity of Hiking Footwear in Different Geographical Areas
Opportunities:
High Growth of E-Commerce Industry
Market Leaders and their expansionary development strategies
In June 2021, American footwear company, Weyco, has announced that it acquired substantially all of the operating assets and certain liabilities of Forsake, a distributor of outdoor footwear. The principal assets acquired were inventory, accounts receivable, and intellectual property, including the Forsake brand name. Forsake develops sneaker-boots and hiking shoes.
In July 2023, Keen has launched a new range of speed hiking shoes and boots, which are the lightest it's ever made. The Zionic speed hiking footwear is described as offering outdoors fans comfort, support and grip but without extra grams. The Keen Zionic speed hiking shoes weigh just 278g for a women’s US size 7, and 378g for the men’s US size 9. The women's mid-height hiking boot is 300g, while the men's is 385g.
Key Target Audience
Manufacturers of Hiking Boots Hiking Shoes, Suppliers of Raw Materials, Wholesalers, Distributors, and Retailers of Hiking Boots Hiking Shoes, Footwear Industry, Governmental Bodies and Research Firms
Key Finding and Research Objectives
Focus of the study is to analyse characteristics that affect the nature of competition and pricing. Identifying Influencing factors keeping Hiking Boots Hiking Shoes Market Intense, factored with periodic analysis of CR4 & CR8 concentration ratio. In-depth Competitive analysis at product and Strategic business level. Predictive analysis on upcoming trends and changes in consumer behaviour. To analyse the competitive developments, such as new product launch and merger & acquisition, in the Hiking Boots Hiking Shoes Market.
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.