Climbing Shoes Market Size, Share, Analysis, Applications, Growth Insight, and Future Forecast - 2028

The global climbing shoe market is anticipated to grow at a considerable CAGR during the forecast period (2022-2028).

A climbing shoe is a type of sports footwear that is specially designed for rock climbing for mountaineers, hikers, and others. These shoes come with very close fitting to protect an individual's feet along with giving grip to efficiently climb mountains. The major factor attributing to the growth of the global climbing shoe market includes the increasing use of climbing shoes due to several benefits provided by climbing shoes. The benefits include a downturned shape that offers a stronger and more powerful position to the feet, equipped with thinner and stickier soles to offer better grip on slippery slopes, and many others to help climbers in climbing challenging routes. Thus, increasing the demand for climbing shoes.

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The demand for climbing shoes is also increasing for rock climbing, mountain climbing, hiking, and others due to growth in the adventure tourism industry across the globe. According to an article published by the World Travel Trade Association (ATTA) in August 2021, the global adventure tourism industry generated around $112.00 billion in 2020. It is estimated that the global adventure tourism industry will generate $1,169.09 billion by 2028. Thus, propelling the growth of the global climbing shoe market.

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The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instances-

• In April 2022, Adidas Inc., a German multinational designer and manufacturer of shoes in partnership with Allbirds, a New Zealand-American footwear & apparel company developed the most eco-friendly shoes around the globe. The new shoes are made from sustainable material with no compromise to the athlete's performance.

• In March 2022, the North Face, a division of VF Outdoor LLC, an outdoor recreational products company launched a new program called "Athlete Development Program". The new athlete development program, under its 2-year contract with TNF, will provide 15 to 20 outdoor professionals including climbers, skiers, snowboarders, trail runners, and alpinists with equipment and apparel, expedition funding, and education on the role of a professional athlete.

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Application

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- Braemar Mountain Sports Ltd., Evolv USA LLC, Adidas America Inc., Calzaturificio S.C.A.R.P.A S.P.A, and Mad Rock Climbing POS, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Climbing Shoes Market Report by Segment

By Type
• Neutral Shoes
• Moderate Shoes
• Aggressive Shoes
• Versatile Shoes

By Application
• Men
• Women
• Kids

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This release was published on openPR.