According to a new report by Expert Market Research titled, “India Hiking Shoes Market Share, Size, Report and Forecast 2024-2032″, the India hiking shoes market size reached a value of USD 0.87 billion in 2023. Aided by the increasing popularity of outdoor activities among the Indian populace and a growing awareness of the importance of suitable footwear for such expeditions, the market is projected to further grow at a CAGR of 5.6% between 2024 and 2032 to reach a value of USD 1.39 billion by 2032.
Hiking shoes, distinct from their ordinary counterparts, are designed to offer enhanced support, durability, and protection against the rugged terrains encountered during treks and hikes. The Indian market for these shoes is diversifying, driven by a surge in adventure tourism and an increasing number of hiking enthusiasts seeking to explore the country’s vast and varied landscapes.
Several factors are contributing to the India hiking shoes market growth. First and foremost, the rising disposable incomes and a growing middle class are enabling more Indians to pursue leisure activities such as hiking and trekking. This demographic shift is a significant catalyst for the market, as higher disposable income translates to increased spending on specialised gear, including hiking shoes. Besides hiking, the growing interest in various adventure sports such as rock climbing, backpacking, and trail running contributes to the demand for versatile and high-quality outdoor footwear. As consumers seek shoes that can cater to multiple activities, manufacturers are encouraged to develop multi-functional and durable hiking shoes.
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As per the India hiking shoes market analysis, the influence of digital media and the internet cannot be overstated. Social media platforms, along with travel blogs and vlogs, have played a pivotal role in showcasing the beauty of outdoor adventures and inspiring a new generation of hikers and nature enthusiasts. This digital exposure is directly impacting the market, as consumers are more informed and keener on investing in quality hiking footwear. The emphasis on health and fitness is another driving force behind the market’s growth. With a rising awareness of the benefits of physical activity, hiking has emerged as a popular choice for those looking to maintain a healthy lifestyle while connecting with nature. Consequently, there is a growing demand for hiking shoes that provide the necessary support and comfort for such activities.
Another notable trend in the hiking shoes market in India is the growing emphasis on sustainability within the market. Consumers are increasingly favouring brands that offer eco-friendly and sustainable hiking shoes, reflecting a broader shift towards environmentally conscious purchasing decisions. This trend is encouraging manufacturers to innovate and invest in sustainable materials and production processes.
Improvements in transportation and the development of trekking and hiking infrastructure, such as well-marked trails, national parks, and conservation areas, make it easier and more appealing for individuals to engage in hiking which boosts the India hiking shoes market expansion. This accessibility encourages people from diverse demographics to participate in outdoor activities, thus broadening the customer base for hiking shoes.
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Celebrities and influential personalities, especially those known for their adventurous lifestyle and outdoor hobbies, have a significant impact on consumer preferences. Endorsements and recommendations from such figures can boost the popularity of hiking and, by extension, hiking shoes among their followers. As per the India hiking shoes market outlook, technological innovations in materials and design that offer better grip, durability, comfort, and weather resistance are crucial drivers. As consumers become more aware of the technical aspects that contribute to a safe and comfortable hiking experience, demand for advanced hiking shoes increases.
Government programs aimed at boosting tourism, including adventure and eco-tourism, play a crucial role in encouraging outdoor activities which can contribute to the India hiking shoes market share. Initiatives that spotlight India’s natural beauty and heritage sites can motivate both domestic and international tourists to engage in hiking and trekking, thereby increasing the demand for hiking shoes.
Market Segmentation
The market can be divided based on design, distribution channel, end user, and region.
Market Breakup by Design
• Low Cut
• Mid Cut
• High Cut
Market Breakup by Distribution Channel
• Offline Retail Stores
• Online Retail Stores
Market Breakup by End User
• Men
• Women
• Kids
Market Breakup by Region
• North India
• East and Central India
• West India
• South India
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the India hiking shoes market. Some of the major players explored in the report by Expert Market Research are as follows:
• PUMA SE
• NIKE, Inc.
• Adidas AG
• Decathlon Sports India Pvt Ltd.
• Aero Group
• Leayan Global Pvt. Ltd.
• VF corporation
• Bata India Limited
• Skechers South Asia Pvt. Ltd.
• Others
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