Hiking Footwear Market Research Report Defines the Growth and Increasing Size in Global Sports Industry through 2017-2022

Major players in the global market for hiking footwear are focusing on adoption of online retail as the distribution channel, and are developing innovative products. Adventure tourism, and leisure vacations have surged in number over the past few years, leading towards demand for products such as hiking footwear. The report, compiled by FactMR, provides in-depth analysis of the global hiking footwear market for the forecast period 2017-2022, and offers key insights about future market direction. The scope of FactMR’s report is to analyze the global Hiking Footwear Market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Hiking footwear manufacturers, stakeholders, and suppliers in the global sports industry can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and sports journals.

The report commences with a brief information of the global hiking footwear market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global hiking footwear market.

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Hiking footwear is equipped with thick & rugged sole that is well-suited for treading on rough terrains. Hiking footwear is useful for long distance travel, owing to their provision of great functionality and weathering. Hiking footwear is highly durable and water-resistant.

Adventure tourism has been witnessing a tremendous surge over the past couple of years. There is a growing inclination towards combining leisure with adventure, owing to which hiking, scuba diving, and rock climbing. Several government organizations in collaboration with United Nations World Tourism Organization (UNWTO) are promoting adventure sports. These factors have also rubbed off on the popularity of hiking, with more people around the globe indulging in this health and wellness activity. This has led to increased demand for various hiking products, such as backpacking tents, water bottles, and hydration gear. As demand evolves, consumers are looking for advanced and eco-friendly equipment.

The growing popularity of hiking has been favorable for the prospects of the global hiking footwear market. Major players in the global hiking footwear market are competing on the basis of weight, durability, weather resistance, price, design innovations, adaptability, and quality of raw materials. In addition, manufacturers are concentrating on product innovation, and adopting online retail as distribution channel, in a bid to gain a competitive edge in the market.

A new report by FactMR anticipated the global hiking footwear market to register a staggering expansion throughout the forecast period 2017 to 2022. Global sales of hiking footwear are expected to reach nearly US$ 7,000 Mn in revenues by 2022-end.

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Based on design style, low-cut hiking footwear will remain sought-after among consumers around the world, with sales estimated to exceed US$ 30,000 Mn in revenues by 2022-end. Mid-cut design of hiking footwear will account for a relatively lower revenues than low-cut design hiking footwear, however sales of mid-cut design hiking footwear will register the highest CAGR through 2022.

Competition Tracking

The report by FactMR profiles key market players, which include Skechers USA, Inc., New Balance, Inc., VF Corporation, Deckers Outdoor Corporation, Wolverine World Wide, Inc., Amer Sports Corporation, Under Armour, Inc., Adidas AG, NIKE, Inc., Mizuno Corporation, and PUMA SE.

Table of Contents

1. Global Hiking Footwear Market – Executive Summary
2. Global Hiking Footwear Market Overview

2.1. Introduction

2.1.1. Global Hiking Footwear Market Taxonomy

2.1.2. Global Hiking Footwear Market Definition

2.2. Global Hiking Footwear Market Size (US$ Mn) and Forecast, 2012-2022

2.2.1. Global Hiking Footwear Market Y-o-Y Growth

2.3. Global Hiking Footwear Market Dynamics

2.3.1. Drivers

2.3.2. Restraints

2.3.3. Trends

2.4. Supply Chain

2.5. Cost Structure

2.6. Pricing Analysis

2.7. Raw Material Sourcing Strategy and Analysis

2.8. List of Distributors

Continued…………………………..

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