Global Boot Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2024-2032)

Global Boot Market Growth

Over 118.26 million individuals engage in hiking worldwide. The 2022 Outdoor Participation Trends Report from the Outdoor Foundation indicates that 58.7 million people in the United States participated in hiking activities in 2021. The U.S. market for hiking and outdoor equipment holds considerable value, constituting a substantial portion of the global market for hiking gear and equipment, consequently driving the boot market expansion. Hiking boots are crucial for outdoor enthusiasts, providing essential safety and comfort across diverse terrains. They deliver exceptional ankle support, which significantly lowers the likelihood of sprains on uneven trails. Their robust construction is designed to endure harsh conditions, while superior traction minimises the risk of slipping on wet or rocky ground. Hiking boots also promote breathability, effectively managing foot moisture to reduce the occurrence of blisters, making them indispensable for a secure and enjoyable hiking experience, particularly over long distances.

As per the boot market analysis, in 2022, the overall production of footwear experienced a growth of 7.6% in comparison to the prior year. In 2021, global footwear production saw an increase of 8.6%, surpassing 22 billion pairs. The heightened demand for boots is significantly linked to the growth of the footwear sector, as consumers increasingly favour versatile and durable choices that combine style with functionality. The influence of evolving fashion trends, outdoor pursuits, and changes in lifestyle has intensified interest in boots, leading brands to expand their product lines across casual, outdoor, and luxury categories.

Key Trends and Developments

Global Boot Market Trends

The market is currently experiencing significant trends, influenced by changing consumer preferences and lifestyle transformations. The rise in outdoor and adventure activities is driving the demand for robust and functional boots, particularly within the hiking, trekking, and camping sectors. Furthermore, fashion trends are significantly impacting the market, with styles such as Chelsea, combat, and ankle boots becoming increasingly popular as versatile options for both casual and formal attire, leading to the boot market expansion. Another notable trend is the growing emphasis on sustainable and ethical manufacturing. Environmentally conscious consumers are actively seeking boots crafted from recycled or responsibly sourced materials, prompting brands to innovate in sustainable design practices.

Global Boot Industry Segmentation

Global Boot Market Share

Based on the distribution channel, the market is segmented into offline and online. The online segment is projected to grow at a CAGR of 10.1% during the forecast period of 2024-2032. The ease of online shopping, which provides consumers with a wide array of styles and brands, is providing lucrative boot market opportunities.

Leading Companies in the Global Boot Market

Market players are focusing on the production of sustainable manufacturing methods, leading to an increase in the boot market value.

Columbia Brands USA, LLC

Established in 1938 and based in Portland, Oregon, the company specialises in outdoor clothing, footwear, and accessories. The brand is recognised for its innovative and durable products, catering to adventure enthusiasts worldwide with a focus on functional and weather-resistant apparel and footwear.

Belstaff International Limited

Founded in 1924 and located in London, United Kingdom, Belstaff is known for its rugged and stylish outerwear....

Prada S.p.A.

Founded in 1913 and headquartered in Milan, Italy, Prada is a prestigious luxury fashion label known for its h...

FRYE

Established in 1863 and based in New York City, FRYE is recognised as one of America’s oldest boot manufactu...

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other major players in the market are Timberland, Wolverine World Wide, Inc., Woodland (Aero Club) Private Limited, Bata Corporation, Red Wing Shoe Company, Inc., and R.M.Williams Group, among others.