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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
India Hiking Shoes Market Size
The India hiking shoes market reached approximately USD 0.87 billion in 2023. The market is projected to grow at a CAGR of 5.6% between 2024 and 2032, reaching a value of around USD 1.39 billion by 2032.
India Hiking Shoes Market Report Snapshots
India Hiking Shoes Market Size
India Hiking Shoes Market Trends
India Hiking Shoes Market 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.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 0.87 billion.
The market is projected to grow at a CAGR of 5.6% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of around USD 1.39 billion by 2032.
The market is being driven by the increasing demand for customisation and personalisation and the rising number of people engaging in hiking and trekking activities.
The growing demand for sustainable and eco-friendly products and the rapid expansion of e-commerce platforms are expected to propel the market expansion in the forecast period.
The major regional markets are North India, East and Central India, West India, and South India.
The different end-uses of hiking shoes are men, women, and kids.
The key players in the market include PUMA SE, NIKE, Inc., Adidas AG, Decathlon Sports India Pvt Ltd., Aero Group, Leayan Global Pvt. Ltd., VF corporation, Bata India Limited, and Skechers South Asia Pvt. Ltd., among others.
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