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Analysis of Hiking Footwear Market with Focus on Growth Facts, Latest Trends, Top Players and Forecast till 2022
Press release from: Fact.MR
The global market discussion on hiking footwear industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Hiking Footwear Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on hiking footwear market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.
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The global market for hiking footwear 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.
Europe & North America- Lucrative Markets for Hiking Footwear
Europe is estimated to remain the most attractive market for hiking footwear, and is projected to create an absolute $ opportunity of over US$ 2,000 Mn during 2017 to 2022. North America will continue to be the second largest market for hiking footwear. Growing interest in the outdoor recreational activity among people will drive the market growth in Europe and North America. The hiking footwear market in Asia-Pacific excluding Japan (APEJ) is poised to exhibit the highest CAGR through 2022.
Based on product type, sales of hiking shoes and approach shoes are expected to exhibit a parallel expansion at 26% CAGR through 2022. Hiking shoes will continue to be the most lucrative product, accounting for over one-third revenue share of the market over the forecast period.
Direct to customer institutional channel are projected to remain the largest sales channel for hiking footwear across the globe, followed by franchised sports outlet. However, sales of hiking footwear in third party online channel are poised to register the fastest expansion through 2022.
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.
The report by Fact.MR 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.
Browse Full Report with TOC@ www.factmr.com/report/232/hiking-footwear-market
Table of Contents:
Global Hiking Footwear Market – Executive Summary
Global Hiking Footwear Market Overview
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
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
Global Hiking Footwear Market Analysis and Forecast By Product Type
3.1. Global Hiking Footwear Market Size and Forecast By Product Type, 2012-2022
3.1.1. Trail Shoes Hiking Footwear Market Size and Forecast, 2012-2022
126.96.36.199. Revenue (US$ Mn) Comparison, By Region
188.8.131.52. Market Share Comparison, By Region
184.108.40.206. Y-o-Y growth Comparison, By Region
3.1.2. Hiking Shoes Hiking Footwear Market Size and Forecast, 2012-2022
220.127.116.11. Revenue (US$ Mn) Comparison, By Region
18.104.22.168. Market Share Comparison, By Region
22.214.171.124. Y-o-Y growth Comparison, By Region
3.1.3. Hiking Boots Hiking Footwear Market Size and Forecast, 2012-2022
126.96.36.199. Revenue (US$ Mn) Comparison, By Region
188.8.131.52. Market Share Comparison, By Region
184.108.40.206. Y-o-Y growth Comparison, By Region
3.1.4. Mountaineering Boots Hiking Footwear Market Size and Forecast, 2012-2022
220.127.116.11. Revenue (US$ Mn) Comparison, By Region
18.104.22.168. Market Share Comparison, By Region
22.214.171.124. Y-o-Y growth Comparison, By Region
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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized sports market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
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