Press release
Mountain Bike Footwear and Socks Market Global Research Report to 2023 | Diadora Sports S.r.l, Trek Bicycle Corporation, Louis Garneau Sports, Shimano, Inc., Five Ten Footwear Company
Mountain Bike Footwear and Socks Market Share, Mountain Bike Footwear and Socks Market Size, Mountain Bike Footwear and Socks Ma
Among the type, mountain bike footwear segment is anticipated to retain its dominance throughout the forecast period. Also, the segment is projected to register a healthy CAGR of 5.57% during the given period due to increase in the demand of bike footwear especially for females. Customers are also inclined to adopt specific shoe for the mountain biking purposes. Also, increasing youth population in the developing economies is also propelling the demand of mountain bike footwear in the review period. Among the end-user of mountain bike footwear and socks market, male segment accounts for 63% followed by female accounting for 34% of the global mountain bike footwear and socks market. The segment is projected to register a healthy CAGR of 5.05% during the forecast period 2017-2024.
Among the distribution channel, store based segment is anticipated to retain its dominance throughout the forecast period. Also, the segment is projected to register a healthy CAGR of 5.18% during the given period.
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Major Companies:
Shimano, Inc.
Five Ten Footwear Company
Diadora Sports S.r.l
Trek Bicycle Corporation
Louis Garneau Sports
Giro
Cannondale
Mavik
Fizik
Northwave
Market Analysis:
The technological advancement in mountain biking equipment and accessories including footwear and shoes has provided a lot of comfort and convenience to participants. Moreover, growing number of women participation specifically in North America and Europe region is accelerating the demand for mountain bike footwear and socks.
Mountain bike footwear are specially designed shoes and socks for mountain biking. Mountain bike footwear is designed to pair with specific type of pedals used in mountain bikes, offer foot protection, and have stiff soles that enhance the power transfer and reduce fatigue. There are mainly two types of mountain bike footwear, one designed for use with flat pedals and the other to use with clip less pedals. Also, mountain bike footwear provides various advantages of pedaling, control, safety and specificity.
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table of Content:
1 Executive Summary
2 Introduction
2.1 Definition
2.1.1 Mountain Bike Footwear
2.2 Scope Of The Study
2.2.1 Research Methodology
2.3 Assumptions
2.4 Limitations
2.5 Market Structure
2.5.1 Global Mountain Bike Footwear And Socks Market, By Type
2.5.2 Global Mountain Bike Footwear And Socks Market, By End User
2.5.3 Global Mountain Bike Footwear And Socks Market, By Distribution Channel
2.5.4 Global Specialty Shoes Market, By Category
2.5.5 Global Mountain Bike Participants, By Region
2.5.6 Global Mountain Bike Participants, By Age Group
3 Research Methodolog
continued..
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Geographical Analysis:
The global mountain bike footwear and socks market is segmented into North America, South America Europe, Asia Pacific, and rest of the world (ROW). Among these, North American region is dominating the market over the forecast period. The market is projected to grow at a CAGR of 5.46% during the review period. This is attributed to high demand of mountain bike footwear and socks in this region. Among the North American countries, the U.S. is majorly driving the market of mountain bike footwear and socks market in this region. However, Asia Pacific region is expected to grow with a CAGR of 6.30% during the review period. In Asia Pacific region, China is expected to hold 33% market share in the year 2017.
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