Press release
Hiking Footwear Market Report 2025-2034 | Trends, Growth & Key Players
According to the report by Expert Market Research (EMR), the global hiking footwear market attained a value of USD 22.65 billion in 2024. Driven by the rising popularity of outdoor tourism and a growing shift toward active lifestyles, the market is projected to grow at a robust CAGR of 7.60% during the forecast period from 2025 to 2034. By 2034, the market is expected to reach a value of USD 47.11 billion.Hiking footwear includes a range of products such as hiking boots, trail shoes, and mountaineering boots, designed to provide comfort, durability, and protection in various terrains. These shoes are equipped with features like water resistance, breathability, and enhanced grip to cater to the needs of hikers and outdoor enthusiasts. They provide comfort and stability for the wearer when traversing rugged terrains.
One of the major key drivers of the hiking footwear market is the growing inclination towards outdoor recreational activities. With the increasing emphasis on physical fitness and well-being, more people are engaging in hiking as a form of exercise and leisure. This trend is further bolstered by the rising popularity of adventure tourism, where travellers seek out natural landscapes and outdoor experiences, thereby driving the demand for hiking footwear.
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Additionally, the advancements in footwear technology and materials have led to the development of lightweight, comfortable, and durable hiking shoes, attracting a wider consumer base. The integration of innovative features such as waterproofing, improved traction, and ankle support has enhanced the functionality of hiking footwear, making it more appealing to consumers, consequently driving up the hiking footwear market share.
Furthermore, the rising environmental concerns and the demand for sustainable products have led to a shift towards eco-friendly materials and production processes in the hiking footwear industry. This presents an opportunity for companies to tap into the growing segment of environmentally conscious consumers by offering sustainable and ethically produced footwear.
The online retail stores segment is projected to experience significant growth in the market. The surge in sales of hiking footwear through these channels can be linked to the increasing purchasing power and the rising significance of recreational activities in reducing stress and enhancing mental well-being. The hiking footwear market development is further accelerated by the expanding e-commerce sector and various online platforms. The market growth of hiking footwear through online retail stores is being driven by the growing interest in nature and the rising number of individuals engaging in hiking activities. Additionally, the market expansion of hiking footwear is fuelled by the branded key players' increasing adoption of marketing strategies to promote their high-quality products.
North America holds a significant share in the market, driven by the high popularity of outdoor activities and adventure sports in the region, particularly in the United States and Canada. The presence of diverse terrains and national parks encourages hiking and trekking activities, contributing to the demand for durable and comfortable hiking footwear. Furthermore, technological advancements and the introduction of innovative products, such as waterproof and lightweight hiking boots, are key factors driving market growth in this region.
Market Segmentation
The market can be divided based on design style, distribution channel, end user, and region
Market Breakup by Design Style
Low Cut
Mid Cut
High Cut
Market Breakup by Distribution Channel
Offline Retail Stores
Online Retail Stores
Market Breakup by End User
Men
Women
Kids
Market Breakup by Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
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Competitive landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global hiking footwear market. Some of the major players explored in the report by expert market research are as follows:
Mizuno Corporation
New Balance, Inc.
Amer Sports Corporation
PUMA SE
Wolverine World Wide, Inc.
NIKE, Inc.
Others
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