Press release
Hiking Footwear Market Investigation and Growth Forecasted Until the End of 2022 || Industry Players - Skechers USA Inc., New Balance Inc., VF Corporation, Deckers Outdoor Corporation, Wolverine World Wide Inc., Amer Sports Corporation
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.
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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 Fact.MR 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.
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.
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Global Hiking Market Size, Status and Forecast
This report focuses on the global Hiking status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Hiking development in United States, Europe and China. In 2017, the global Hiking market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025.
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Table of Contents:
Table of Contents1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Hiking Market Size Growth Rate by Type (2013-2025)
1.4.2 Island
1.4.3 landscape
1.4.4 Polar Region
1.4.5 Other
1.5 Market by Application
1.5.1 Global Hiking Market Share by Application (2013-2025)
1.5.2 Millennial
1.5.3 Generation X
1.5.4 Baby Boomers
1.5.5 Others
1.6 Study Objectives
1.7 Years Considered2 Global Growth Trends
2.1 Hiking Market Size
2.2 Hiking Growth Trends by Regions
2.2.1 Hiking Market Size by Regions (2013-2025)
2.2.2 Hiking Market Share by Regions (2013-2018)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities3 Market Share by Key Players
3.1 Hiking Market Size by Manufacturers
3.1.1 Global Hiking Revenue by Manufacturers (2013-2018)
3.1.2 Global Hiking Revenue Market Share by Manufacturers (2013-2018)
3.1.3 Global Hiking Market Concentration Ratio (CR5 and HHI)
3.2 Hiking Key Players Head office and Area Served
3.3 Key Players Hiking Product/Solution/Service
3.4 Date of Enter into Hiking Market
3.5 Mergers & Acquisitions, Expansion Plans4 Breakdown Data by Type and Application
4.1 Global Hiking Market Size by Type (2013-2018)
4.2 Global Hiking Market Size by Application (2013-2018)5 United States
5.1 United States Hiking Market Size (2013-2018)
5.2 Hiking Key Players in United States
5.3 United States Hiking Market Size by Type
5.4 United States Hiking Market Size by Application6 Europe
6.1 Europe Hiking Market Size (2013-2018)
6.2 Hiking Key Players in Europe
6.3 Europe Hiking Market Size by Type
6.4 Europe Hiking Market Size by Application7 China
7.1 China Hiking Market Size (2013-2018)
7.2 Hiking Key Players in China
7.3 China Hiking Market Size by Type
7.4 China Hiking Market Size by Application8 Japan
8.1 Japan Hiking Market Size (2013-2018)
8.2 Hiking Key Players in Japan
8.3 Japan Hiking Market Size by Type
8.4 Japan Hiking Market Size by Application9 Southeast Asia
9.1 Southeast Asia Hiking Market Size (2013-2018)
9.2 Hiking Key Players in Southeast Asia
9.3 Southeast Asia Hiking Market Size by Type
9.4 Southeast Asia Hiking Market Size by Application10 India
10.1 India Hiking Market Size (2013-2018)
10.2 Hiking Key Players in India
10.3 India Hiking Market Size by Type
10.4 India Hiking Market Size by Application11 Central & South America
11.1 Central & South America Hiking Market Size (2013-2018)
11.2 Hiking Key Players in Central & South America
11.3 Central & South America Hiking Market Size by Type
11.4 Central & South America Hiking Market Size by Application12 International Players Profiles
12.1 TUI Group
12.1.1 TUI Group Company Details
12.1.2 Company Description and Business Overview
12.1.3 Hiking Introduction
12.1.4 TUI Group Revenue in Hiking Business (2013-2018)
12.1.5 TUI Group Recent Development
12.2 Thomas Cook Group
12.2.1 Thomas Cook Group Company Details
12.2.2 Company Description and Business Overview
12.2.3 Hiking Introduction
12.2.4 Thomas Cook Group Revenue in Hiking Business (2013-2018)
12.2.5 Thomas Cook Group Recent Development
12.3 Jet2 Holidays
12.3.1 Jet2 Holidays Company Details
12.3.2 Company Description and Business Overview
12.3.3 Hiking Introduction
12.3.4 Jet2 Holidays Revenue in Hiking Business (2013-2018)
12.3.5 Jet2 Holidays Recent Development
12.4 Cox & Kings Ltd
12.4.1 Cox & Kings Ltd Company Details
12.4.2 Company Description and Business Overview
12.4.3 Hiking Introduction
12.4.4 Cox & Kings Ltd Revenue in Hiking Business (2013-2018)
12.4.5 Cox & Kings Ltd Recent Development
12.5 Lindblad Expeditions
12.5.1 Lindblad Expeditions Company Details
12.5.2 Company Description and Business Overview
12.5.3 Hiking Introduction
12.5.4 Lindblad Expeditions Revenue in Hiking Business (2013-2018)
12.5.5 Lindblad Expeditions Recent Development
12.6 Travcoa
12.6.1 Travcoa Company Details
12.6.2 Company Description and Business Overview
12.6.3 Hiking Introduction
12.6.4 Travcoa Revenue in Hiking Business (2013-2018)
12.6.5 Travcoa Recent Development
12.7 Scott Dunn
12.7.1 Scott Dunn Company Details
12.7.2 Company Description and Business Overview
12.7.3 Hiking Introduction
12.7.4 Scott Dunn Revenue in Hiking Business (2013-2018)
12.7.5 Scott Dunn Recent Development
12.8 Abercrombie & Kent Ltd
12.8.1 Abercrombie & Kent Ltd Company Details
12.8.2 Company Description and Business Overview
12.8.3 Hiking Introduction
12.8.4 Abercrombie & Kent Ltd Revenue in Hiking Business (2013-2018)
12.8.5 Abercrombie & Kent Ltd Recent Development
12.9 Micato Safaris
12.9.1 Micato Safaris Company Details
12.9.2 Company Description and Business Overview
12.9.3 Hiking Introduction
12.9.4 Micato Safaris Revenue in Hiking Business (2013-2018)
12.9.5 Micato Safaris Recent Development
12.10 Tauck
12.10.1 Tauck Company Details
12.10.2 Company Description and Business Overview
12.10.3 Hiking Introduction
12.10.4 Tauck Revenue in Hiking Business (2013-2018)
12.10.5 Tauck Recent Development
12.11 Al Tayyar
12.12 Backroads
12.13 Zicasso
12.14 Exodus Travels
12.15 Butterfield & Robinson13 Market Forecast 2018-2025
13.1 Market Size Forecast by Regions
13.2 United States
13.3 Europe
13.4 China
13.5 Japan
13.6 Southeast Asia
13.7 India
13.8 Central & South America
13.9 Market Size Forecast by Product (2018-2025)
13.10 Market Size Forecast by Application (2018-2025)14 Analyst's Viewpoints/Conclusions15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.1.1 Research Programs/Design
15.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
15.1.2 Data Source
15.1.2.1 Secondary Sources
15.1.2.2 Primary Sources
15.2 Disclaimer
15.3 Author Details
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