Hiking Footwear Market To Witness Rise In Revenues During Period 2022 – 2031 : FactMR – Blackswan Real Estate – Blackswan Real Estate
April 16, 2022According to Fact.MR’s recent study on the global hiking footwear market, the market reached a valuation of around US$ 18 Bn in 2020, which amounts to around 4% share of the overall footwear market. Hiking footwear sales are slated to increase at a CAGR of 3% to top US$ 25 Bn by 2031. Demand for hiking shoes is set to increase faster at a CAGR of 4% across the assessment period of 2021 to 2031.
| Hiking Footwear Market Size (2020) | US$ 18 Bn |
| Sales Forecast for Hiking Footwear (2031) | US$ 25 Bn |
| Global Market Growth Rate (2021 to 2031) | 3% CAGR |
| Share of Top 5 Hiking Footwear Companies | 40% |
The Demand analysis of Hiking Footwear Market offers a comprehensive analysis of diverse features, demand, product developments, revenue generation, and sales of Hiking Footwear Market across the globe.
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Key Segments Covered in Hiking Footwear Industry Research
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Product Type
- Trail Shoes
- Hiking Shoes
- Hiking Boots
- Mountaineering Boots
- Approach Shoes
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Design Style
- Low Cut Hiking Footwear
- Mid Cut Hiking Footwear
- High Cut Hiking Footwear
-
Sales Channel
- Sales of Hiking Footwear via Independent Sports Outlets
- Sales of Hiking Footwear via Franchised Sports Outlets
- Sales of Hiking Footwear via Modern Trade Channels
- Sales of Hiking Footwear via Direct to Customer Brand Outlets
- Sales of Hiking Footwear via Direct to Customer Online Channels
- Sales of Hiking Footwear via Direct to Customer Institutional Channels
- Sales of Hiking Footwear via Third-Party Online Channels
A comprehensive estimate of the Hiking Footwear market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the Sales of Hiking Footwear during the forecast period. Price point comparison by region with the global average price is also considered in the study.
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