Global Hiking and Trail Footwear Market 2023-2027

Global Hiking and Trail Footwear Market 2023-2027

Technavio has been monitoring the hiking and trail footwear market and is forecast to grow by USD 5746.69 mn during 2022-2027, accelerating at a CAGR of 8.18% during the forecast period. Our 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 the 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.

Technavio's hiking and trail footwear market is segmented as below:

By ProductHiking footwearTrail running footwearBy Distribution ChannelOfflineOnlineBy GeographyEuropeNorth AmericaAPACSouth AmericaMiddle East and AfricaThis 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 and the growing popularity of maximalist hiking and trail running shoes will lead to sizable demand in the market.

Technavio 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. Our report on the hiking and trail footwear market covers the following areas:Hiking and trail footwear market sizingHiking and trail footwear market forecastHiking and trail footwear market industry analysisTechnavio's 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, Amer Sports Corp., Apex Global Brands Inc., ASICS Corp., BOREAL, Columbia Sportswear Co., Deckers Outdoor Corp., Frasers Group plc, 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.

Technavio 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.