Hiking and Trail Running Footwear Market Size Expected to Grow by USD 4.25 Billion

Market scope

The Hiking and Trail Running Shoes Market Report Covers the Following Areas:

Supplier Information

The Hiking and Trail Running Shoes market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The report analyzes the competitive landscape of the market and offers information about several vendors in the market including:

  • adidas S.A.
  • Amer Sports Corp.
  • ASICS Corp.
  • Columbia Sportswear Co.
  • Deckers Outdoor Corp.
  • Nike Inc.
  • PUMA SE
  • Under Armor Inc.
  • VF Corp.
  • Wolverine World Wide Inc.

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read a free sample report.

Geographic Market Analysis

Europe will provide maximum growth opportunities in the hiking and trail running shoes market over the forecast period. According to our research, the region will contribute 34% of the global market growth over the forecast period. Germany and France are the two main markets for hiking and trail running shoes in Europe. Increase in product premiumization and development of new products such as vegan hiking shoes will drive the growth of the hiking and trail running shoes market in Europe during the forecast period.

Learn more about the geographical distribution of this market along with the detailed analysis of major regions. View our report preview

Analysis of key segments

The growth of the market share of hiking and trail shoes by the hiking shoe segment will be significant during the forecast period. With the growing focus on minimizing the carbon footprint, vendors are offering hiking boots made from ethically sourced faux leather and synthetic materials. Factors such as the increase in adventure tourism and the growing popularity of hiking as an outdoor recreational activity are expected to drive the demand for hiking shoes during the forecast period.

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Key Market Drivers and Challenges:

the increasing premiumization of hiking and running shoes is expected to drive the market over the forecast period. Advances in footwear technology have allowed vendors to introduce activity-specific footwear for hiking and running. Additionally, innovations in technical manufacturing, design, and product development have led to the rise of hiking and trail running shoes in recent years. Growing consumer awareness of the benefits of specialty footwear has fueled the demand for high-end hiking and trail running shoes over the past few years.

Medical issues experienced by hikers, hikers, and trail runners hinder consumer participation in hiking and running activities. Some of these problems include diarrheal disease, respiratory disease, and altitude-related illness. Other risks include acute mountain sickness (AMS), sunburn, gales, frostbite and insect-borne diseases such as dengue fever, malaria, chikungunya, yellow fever and encephalitis Japanese. Hence the threat of travel-related illnesses will hamper the growth of the market over the forecast period.

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Highlights

  • Market CAGR over the forecast period 2021-2025
  • In-depth information on the factors that will contribute to the growth of the Hiking and Trail Running Shoes market over the next five years
  • Estimation of the hiking and trail running shoes market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the hiking and trail running shoe market
  • Market Competitive Landscape Analysis and Detailed Vendor Information
  • Comprehensive details of factors that will challenge the growth of the Hiking and Trail Running Shoes Market vendors

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Scope of the hiking and trail running shoes market

Report cover

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 7.93%

Market Growth 2021-2025

$4.25 billion

Market structure

Fragmented

Annual growth (%)

7.14

Regional analysis

Europe, North America, APAC, South America and MEA

Successful market contribution

Europe at 34%

Main consumer countries

United States, Germany, China, France and Canada

Competitive landscape

Leading Companies, Competitive Strategies, Consumer Engagement Reach

Profiled Key Companies

adidas AG, Amer Sports Corp., ASICS Corp., Columbia Sportswear Co., Deckers Outdoor Corp., Nike Inc., PUMA SE, Under Armor Inc., VF Corp. and Wolverine World Wide Inc.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID-19 Impact and Recovery Analysis and Future Consumer Dynamics, Market Status Analysis market for the forecast period

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents

Abstract

Market landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market Outlook: Predictions for 2020 – 2025

Five forces analysis

  • Summary of the five forces
  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

Market segmentation by product

  • Market segments
  • Comparison by product
  • Hiking Shoes – Market size and forecast 2020-2025
  • Running shoes – Market size and forecast 2020-2025
  • Market opportunity by product

Customer landscape

Geographic landscape

  • Geographic segmentation
  • Geographic comparison
  • Europe – Market size and forecast 2020-2025
  • North America – Market size and forecast 2020-2025
  • APAC – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Main leading countries
  • Market Opportunity by Geography
  • Market factors
  • Market challenges
  • Market trends

Supplier Landscape

  • Supplier Landscape
  • Landscape disturbance

Vendor analysis

  • Suppliers Covered
  • Positioning on the supplier market
  • adidas S.A.
  • Amer Sports Corp.
  • ASICS Corp.
  • Columbia Sportswear Co.
  • Deckers Outdoor Corp.
  • Nike Inc.
  • PUMA SE
  • Under Armor Inc.
  • VF Corp.
  • Wolverine World Wide Inc.

appendix

  • Report scope
  • Currency conversion rates for the US dollar
  • Research methodology
  • Abreviations list

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