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Global Mountain Bike Shoes Market – Industry Trends and Forecast to 2030

FMCG | Upcoming Report | Jun 2023 | Global | 350 Pages | No of Tables: 220 | No of Figures: 60

Report Description

Global Mountain Bike Shoes Market, By Price Range (Premium, Mass), End-User (Male, Female), Distribution Channel (Online, Offline) – Industry Trends and Forecast to 2030.

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Mountain Bike Shoes Market Analysis and Sizes

The mountain bike shoes usually have lugged or treaded soles to provide good traction when walking or hiking on uneven terrain. This feature is especially useful when one need to dismount and walk on rocky or muddy trails. Thus, the high demand of the product is likely to grow during the forecast period.

Data Bridge Market Research analyses that the mountain bike shoes market which was USD 669.28 million in 2022, would boost up to USD 1,116.00 million by 2030, and is expected to undergo a CAGR of 6.60% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behavior.

Mountain Bike Shoes Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Price Range (Premium, Mass), End-User (Male, Female), Distribution Channel (Online, Offline)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

Alpinestars (Italy), Dainese S.p.A (Italy), FOX (California), Exustar Enterprise Co. Ltd (Taiwan), SCOTT Sports SA (Switzerland), Wiggle Ltd (England), Deuter Sport GmbH (Germany), Lone Peak Packs (U.S.), Velotransit (U.S.), Trek Bicycle Corporation (U.S.), LAKE CYCLING (U.S.), TOPEAK (Taiwan), Ortlieb (U.S.), Recreational Equipment, Inc (U.S.), SELLE ROYAL SPA (Italy), Merida Industry Co. Ltd (Taiwan), SHIMANO INC (Japan),  Adidas (Germany)

Market Opportunities

  • Sustainable and Eco-friendly Materials
  • Customization and Personalization

 

Market Definition

Mountain bike shoes, also known as MTB shoes, are a type of footwear specifically designed for mountain biking. These shoes are engineered to enhance performance, comfort, and control for riders when tackling off-road terrains and demanding trails. Mountain bike shoes have a stiff sole made of materials such as carbon fiber, nylon, or composite materials. This stiffness provides efficient power transfer from the rider's legs to the pedals, enabling more effective pedaling and reducing energy loss.

Global Mountain Bike Shoes Market Dynamics

Drivers

  • Increasing Popularity of Mountain Biking

Mountain biking has gained significant popularity as a recreational activity and a competitive sport. More people are participating in mountain biking, which creates a growing demand for specialized gear, including mountain bike shoes, thus lifting the growth of the mountain bike shoes market during the forecast period of 2023 to 2030.

  • Rise of women’s in the Biking Activity

Previously men was dominating in the adventure’s sports such as cycling, off-roading, marathon, mountain track and bike riding but now female are showing interest in such sports. In present female are actively and equally participating in sports, female are in the field of motor blogging, drag race, some of them are stunner as well, which create an opportunity for mountain bike shoes market to grow.

Opportunities

  • Sustainable and Eco-friendly Materials

With the growing consumer awareness of environmental issues, there is an increasing demand for sustainable and eco-friendly products, including mountain bike shoes. Manufacturers can capitalize on this trend by developing shoes made from recycled or biodegradable materials, appealing to environmentally conscious consumers, this will create ample opportunities for the mountain bike shoes market during the forecast period.

  • Customization and Personalization

Personalization is a growing trend across various industries, and mountain bike shoes are no exception. Offering customizable options such as color, fit, and design allows consumers to create shoes that suit their individual preferences. Companies that provide customization options have an opportunity to attract and retain customers.

Restraints/Challenges

  • Price-based Constraints 

The high cost of mountain bike shoes can be a significant challenge for the global market. Some customers may opt for simpler shoes for biking instead, especially if they engage in biking only occasionally as seasonal riders. The expensive price tag of mountain bike shoes may deter these individuals from making a purchase, potentially impacting the market for these specialized shoes negatively.

  • Availability of Counterfeit or Low-Quality Products

The consumers may opt for cheaper alternatives that mimic the appearance of branded mountain bike shoes but lack the necessary quality, performance, and durability. This can negatively impact the reputation of genuine mountain bike shoe brands and affect their market share.

Global Mountain Bike Shoes Market Scope

The mountain bike shoes market is segmented on the basis of price range, end-user and distribution channel. The growth amongst these segments will help you analyses meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Price Range

  • Premium
  • Mass

End-User

  • Male
  • Female

 Distribution Channel

  • Online
  • Offline

Global Mountain Bike Shoes Market Regional Analysis/Insights

The mountain bike shoes is analysed and market size insights and trends are provided by country, price range, end-user and distribution channel as referenced above

The countries covered in mountain bike shoes report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the mountain bike shoes because rising population of riding and the availability of world top most mountains bikes trails.

Asia-Pacific is expected to witness significant growth during the forecast period of 2023 to 2030 in due to the increase in population and growing mountain biking popularity.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Mountain Bike Shoes Market Share Analysis

The mountain bike shoes market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to mountain bike shoes market.

Some of the major players operating in the mountain bike shoes are:

  • Alpinestars (Italy)
  • Dainese S.p.A (Italy)
  • FOX (California)
  • Exustar Enterprise Co. Ltd (Taiwan)
  • SCOTT Sports SA (Switzerland)
  • Wiggle Ltd (England)
  • Deuter Sport GmbH (Germany)
  • Lone Peak Packs (U.S.)
  • Velotransit (U.S.)
  • Trek Bicycle Corporation (U.S.)
  • LAKE CYCLING (U.S.)
  • TOPEAK (Taiwan)
  • Ortlieb (U.S.)
  • Recreational Equipment, Inc (U.S.)
  • SELLE ROYAL SPA (Italy)
  • Merida Industry Co. Ltd (Taiwan)
  • SHIMANO INC (Japan)
  • Adidas (Germany)


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