Dublin, July 14, 2023 (GLOBE NEWSWIRE) -- The "Global Hiking and Trail Footwear Market 2023-2027" report has been added to ResearchAndMarkets.com's offering.
The hiking and trail footwear market is projected to experience a significant growth of USD 5746.69 million during the period of 2022-2027, with a CAGR of 8.18%.
This comprehensive report on the hiking and trail footwear market provides a holistic analysis, including market size and forecast, trends, growth drivers, challenges, and vendor analysis featuring approximately 25 vendors.
The report presents an in-depth analysis of the current market scenario, the latest trends and drivers, and the overall market environment.
The growth of the market is primarily fueled by the following factors:
- Increasing premiumization of hiking and trail running footwear
- Rising prominence of hiking and trail running as outdoor recreational activities
- Growing support for outdoor hiking and trail running through associations
The hiking and trail footwear market is segmented based on product type, distribution channel, and geography.
The segmentation is as follows:
By Product:
- Hiking footwear
- Trail running footwear
By Distribution Channel:
- Offline
- Online
By Geography:
- Europe
- North America
- APAC
- South America
- Middle East and Africa
Furthermore, the report identifies the rising popularity of eco-friendly footwear as a key driver for the growth of the hiking and trail footwear market in the coming years. Additionally, the rapid growth in online sales and the increasing popularity of maximalist hiking and trail running shoes are expected to contribute to substantial market demand.
The report on the hiking and trail footwear market provides comprehensive coverage of the following areas:
- Hiking and trail footwear market sizing
- Hiking and trail footwear market forecast
- Hiking and trail footwear market industry analysis
The report includes analysis of prominent companies operating in the hiking and trail footwear market, such as:
- adidas AG
- Amer Sports Corp.
- Apex Global Brands Inc.
- ASICS Corp.
- BOREAL
- Columbia Sportswear Co.
- Deckers Outdoor Corp.
- Frasers Group plc
- KEEN Inc.
- La Sportiva Spa
- Lukas Meindl GmbH and Co. KG
- Nike Inc.
- PUMA SE
- Red Wing Brands of America Inc.
- Skechers USA Inc.
- Tecnica Group Spa
- Under Armour Inc.
- VF Corp.
- Wildcraft India Pvt. Ltd.
- Wolverine World Wide Inc.
For more information about this report visit https://www.researchandmarkets.com/r/bxdmb1
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
