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The global hiking footwear market reached a value of about USD 19.95 billion in 2023. The market is further estimated to grow at a CAGR of 3.40% in the forecast period of 2024-2032 to reach a value of around USD 26.94 billion by 2032.
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Hiking footwear, also known as hiking boots, is developed to protect the feet and ankles from injury during activities like hiking. It offers comfort and support to the wearer while walking over rough terrains. The different types of hiking footwear include trail hikers, trail shoes, and hiking boots.
The hiking footwear market is being positively impacted by the increasing sales of hiking footwear through online retail stores, driven by rising purchasing power and the growing importance of recreational activities for stress relief and mental health. Additionally, the growing interest in hiking as a leisure activity, with its associated health benefits like improved cardiorespiratory fitness, lower blood pressure, and reduced risk of heart disease, is boosting the market’s growth.
Rising popularity of hiking as a recreational activity, flourishing adventure tourism industry, and growing adoption of eco-friendly footwear are factors supporting the hiking footwear market expansion
March 2024
Nike has transformed its iconic Air Max Plus sneaker into a rugged hiking boot, dubbed the Air Max Plus Hiker. The new design provides waterproof protection and a unique rust gradient pattern. Each pair comes with a mini pouch on the heel, adding a functional touch to the adventurous shoe.
November 2023
Nike's ACG line revived the Air Torre Mid hiking boot that featured a durable nylon underlay with suede overlays and hiking eyelets, along with a thick rubber outsole. The release was available on SNKRS app and select retailers.
August 2023
Mizuno launched a new black colour model of its Wave Neo Collection, which features Mizuno's latest running shoe technology. This launch expanded the range of eco-friendly options available to runners looking to minimise their environmental impact through their footwear choices.
Rising popularity of hiking as a recreational activity
One of the most significant trends driving the hiking footwear market growth is the growing popularity of hiking as an outdoor recreational activity. Hiking offers distinct excitement and thrills, especially for younger generations, and helps people connect with nature while revitalising their mind and body.
Flourishing adventure tourism industry
Young travellers are more inclined to experience unique adventures by exploring difficult-to-reach destinations or remote areas like mountains, canyons, and sub-tropical ranges. This trend is expected to create opportunities for prominent players in the hiking footwear market, as visitors need specialised footwear to explore these destinations safely.
Increasing adoption of eco-friendly and sustainable footwear
The surging demand for eco-friendly and sustainable footwear is a prominent trend. Vendors like La Sportiva and Adidas are manufacturing eco-friendly hiking and trail running shoes by using faux leather and ethically sourced synthetics to create vegan-friendly options.
The governments in various countries are taking initiatives to promote physical activities and manage hiking trails and spots to encourage more people to participate in this activity. Hiking is also relatively affordable and does not require extensive expenditure on equipment. Moreover, the importance of hiking footwear in enabling a smooth hiking experience and reducing the risk of an ankle injury is influencing the hiking footwear market development as manufacturers are introducing different types of hiking footwear, such as trail runners, trail shoes, light hiking boots, and heavy hiking boots. As a result, the rising demand for trekking and hiking shoes, along with the increasing sales of mountaineering boots, is contributing to the market's growth.
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The EMR’s report titled “Hiking Footwear Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Design Style
Market Breakup by Distribution Channel
Market Breakup by End User
Market Breakup by Region
Mid-cut footwear designs are preferred as they offer adequate ankle support to hikers
Mid-cut hiking footwear offers better ankle support than low-cut designs, making it suitable for more challenging hikes and those who carry heavy backpacks. According to the hiking footwear market report, the mid-cut segment is expected to dominate due to its ability to provide a balance between ankle support and mobility.
In contrast, low-cut hiking footwear is designed for casual hiking and trail walking. It is often preferred for shorter, easier hikes. The low-cut segment is expected to grow at a moderate rate due to its popularity among casual hikers and those who prefer a more minimalist approach to hiking.
Meanwhile, high-cut hiking footwear offers the highest level of ankle support and is typically used for more extreme hiking conditions, such as mountaineering or backpacking. However, the high-cut segment is expected to grow at a slower rate due to its higher cost compared to low-cut and mid-cut designs.
Rising sales of hiking footwear via online retail stores can propel the hiking footwear market growth
Based on distribution channel, the online retail stores segment is expected to witness a significant growth in the market over the forecast period. The increasing sales of hiking footwear through these channels can be attributed to the rising purchasing power and the growing importance of recreational activities in one’s life to reduce stress and boost mental health.
As per hiking footwear market analysis, the expansion of e-commerce platforms, the growing inclination of people towards nature, and the increasing number of people taking part in hiking activities is providing impetus to the segment’s growth. Also, the rising adoption of marketing strategies by the key industry players in promoting their quality hiking footwear has resulted in the market expansion.
Market players are investing in new product launches and expanding their product portfolios through mergers and acquisitions
Amer Sports Corporation was founded in 1950 and is headquartered in Helsinki, Finland. The company is a leading global sports equipment, apparel, and footwear manufacturer. Its portfolio includes several well-known brands such as Salomon, Peak Performance, and Wilson.
PUMA SE was founded in 1948 and is headquartered in Bavaria, Germany. The company offers a wide range of athletic and casual footwear, apparel, and accessories. PUMA's products cater to various sports and lifestyle segments, including football, running, training, and fashion.
Wolverine World Wide, Inc. was founded in 1883 and is headquartered in Michigan, United States. Company’s portfolio includes several well-known brands such as Merrell, Hush Puppies, and Saucony. The company focuses on providing high-quality footwear, apparel, and accessories for various outdoor and lifestyle activities, including hiking, running, and casual wear.
NIKE, Inc. was founded in 1964 and is headquartered in Oregon, United States. The company is a global leader in the design, development, and sale of athletic footwear, apparel, and accessories. NIKE's products cater to various sports and lifestyle segments, including running, basketball, football, and fashion.
Other key players in the global hiking footwear market include Mizuno Corporation and New Balance, Inc., among others.
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North America leads the market, driven by the increasing popularity of hiking as a recreational activity
North America is a mature market for hiking footwear due to the rising popularity of outdoor activities and hiking. For instance, according to an estimation by the Outdoor Foundation in 2018, around 146.1 million people in the United States participated in outdoor activities. This trend is expected to promote regional market growth.
Europe is also expected to hold a significant hiking footwear market share due to the higher acceptance and penetration of hiking footwear compared to other regions. Europeans are more likely to engage in hiking activities than their counterparts in the Americas. The region's well-developed hiking trail infrastructure and the increasing popularity of outdoor activities among the younger generation are driving the market growth.
Asia Pacific is also anticipated to witness substantial growth in the market due to the increasing number of tourists visiting mountains and hiking trails. For example, the Eye of Sea in Poland is a popular tourist destination that attracts many hikers. The region's growing middle-class population and rising disposable incomes are also contributing to the market's expansion.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Design Style |
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Breakup by Distribution Channel |
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Breakup by End User |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Hiking Footwear Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Hiking Footwear Market Analysis
8.1 Key Industry Highlights
8.2 Global Hiking Footwear Historical Market (2018-2023)
8.3 Global Hiking Footwear Market Forecast (2024-2032)
8.4 Global Hiking Footwear Market by Design Style
8.4.1 Low Cut
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Mid Cut
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 High Cut
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Hiking Footwear Market by Distribution Channel
8.5.1 Offline Retail Stores
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Online Retail Stores
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Hiking Footwear Market by End User
8.6.1 Men
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Women
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Kids
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.7 Global Hiking Footwear Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Hiking Footwear Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Hiking Footwear Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Hiking Footwear Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Hiking Footwear Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Hiking Footwear Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Mizuno Corporation
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 New Balance, Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Amer Sports Corporation
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 PUMA SE
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Wolverine World Wide, Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 NIKE, Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Figures and Tables
1. Global Hiking Footwear Market: Key Industry Highlights, 2018 and 2032
2. Global Hiking Footwear Historical Market: Breakup by Design Style (USD Billion), 2018-2023
3. Global Hiking Footwear Market Forecast: Breakup by Design Style (USD Billion), 2024-2032
4. Global Hiking Footwear Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
5. Global Hiking Footwear Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
6. Global Hiking Footwear Historical Market: Breakup by End User (USD Billion), 2018-2023
7. Global Hiking Footwear Market Forecast: Breakup by End User (USD Billion), 2024-2032
8. Global Hiking Footwear Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Hiking Footwear Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Hiking Footwear Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Hiking Footwear Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Hiking Footwear Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Hiking Footwear Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Hiking Footwear Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Hiking Footwear Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Hiking Footwear Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Hiking Footwear Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Hiking Footwear Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Hiking Footwear Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Hiking Footwear Market Structure
In 2023, the market attained a value of nearly USD 19.95 billion.
The hiking footwear market is assessed to grow at a CAGR of 3.40% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach almost USD 26.94 billion by 2032.
The major market drivers include the health benefits of hiking, availability of different types of hiking footwear, increasing sales through online retail stores, and exceptional characteristics of hiking footwears.
Key trends aiding market expansion include the rising popularity of hiking as a recreational activity, government initiatives towards promoting hiking, and initiatives by market players in developing superior quality hiking footwear.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Based on design styles, the market is divided into low cut, mid cut, and high cut.
The different distribution channels of the market include offline retail stores and online retail stores.
The major end uses in the market include men, women, and kids.
Key players in the market are Mizuno Corporation, New Balance, Inc., Amer Sports Corporation, PUMA SE, Wolverine World Wide, Inc., and NIKE, Inc., among others.
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