Trail Shoes Market Globally Expected to Drive Growth through 2021-2031

The global hiking footwear market is projected to expand at a robust CAGR throughout the forecast period 2017 to 2022, according to a new report by Fact.MR. Hiking footwear offer high functionality, and great weathering resistance, and therefore are useful for travelling long distances. Sales of hiking footwear worldwide will account for revenues nearly US$ 70,000 Mn by 2022-end.

The Demand analysis of Hiking Footwear Market offers a comprehensive analysis of diverse features, demand, product developments, revenue generation, and sales of Hiking Footwear Market across the globe.

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A comprehensive estimate of the Hiking Footwear market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the Sales of Hiking Footwear during the forecast period. Price point comparison by region with the global average price is also considered in the study.

The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Market Insights of Hiking Footwear.

Key stakeholders in Market including industry players, policymakers, and investors in various countries have been continuously realigning their strategies and approaches to implement them in order to tap into new opportunities.

The Market survey of Hiking Footwear offers a comprehensive analysis of diverse features, including production capacities analysis of Hiking Footwear, demand, product developments, revenue generation, and Size of Hiking Footwear Market across the globe.

Market Taxonomy
Product Type

Trail Shoes
Hiking Shoes
Hiking Boots
Mountaineering Boots
Approach Shoes
Design Style

Low Cut
Mid Cut
High Cut
Sales Channel

Independent Sports Outlet
Franchised Sports Outlet
Modern Trade Channels
Direct to Customer Brand Outlet
Direct to Customer Online Channel
Direct to Customer Institutional Channel
Third Party Online Channel

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Some Notable Offerings by Fact.MR Report on Hiking Footwear market:
• We will provide you an analysis of the extent to which this Hiking Footwear market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
• We will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
• Also, this report will help you to identify any trends to forecast growth rates.
• The analyzed report will forecast the general tendency for supply and demand.

How Fact.MR Assists in Making Strategic Moves For Hiking Footwear Market Manufacturer?
The data provided in the Hiking Footwear market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

Some of the Hiking Footwear Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides:
• Details regarding latest innovations and development in Hiking Footwear and how it is gaining customer traction during the forecast period.
• Analysis about the customer demand of the products and how it is likely to evolve in coming years.
• Latest regulations enforced by government bodies and local agencies and their impact on Demand of Hiking Footwear Market .
• Insights about adoption of new technologies and its influence on the Hiking Footwear market Size.
• Overview of the impact of COVID-19 on Hiking Footwear Market and economic disruptions caused by the pandemic.
• Evaluates post-pandemic impact on the Sales of Hiking Footwear Market during the forecast period.

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8 Key Takeaways from Fact.MR’s Report on Global Hiking Footwear Market

On the basis of design style, low-cut hiking footwear is expected to remain preferred among hikers across the globe, with sales projected to surpass revenues worth US$ 30,000 Mn by 2022-end.

Mid-cut hiking footwear sales are anticipated to hold a comparatively lower revenue share of the market than that of low-cut hiking footwear. In addition, sales of mid-cut hiking footwear will exhibit the fastest expansion in the market through 2022.

Sales of approach shoes, and hiking shoes will register a parallel increase, exhibiting a CAGR of 26% through 2022, on the basis of product type. Hiking shoes are poised to remain the most attractive product, with revenues expected to account for more than one-third share of the market throughout the forecast period.

Hiking footwear sales in third party online sales channel are expected to exhibit the highest CAGR through 2022, as compared to all the other sales channel segments included in the report.

Direct to customer institutional channel will continue to be the largest sales channel in the global hiking footwear market, followed by the franchised sports outlet.

Asia-Pacific excluding Japan (APEJ) is expected to be the fastest expanding market for hiking footwear during 2017 to 2022.

Europe is expected to remain dominant in the global hiking footwear market, followed by North America, in terms of revenues. Increasing interest of people in outdoor recreational activities will fuel growth of the market in these regions.

Key market players identified in the report include Deckers Outdoor Corporation, Mizuno Corporation, New Balance, Inc., Amer Sports Corporation, PUMA SE, Wolverine World Wide, Inc., NIKE, Inc., Skechers USA, Adidas AG, VF Corporation, and Under Armour, Inc.

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