Synopsis:
With reference to the report published by the experts the scope of the global Mountain Bike Shoes Market was appreciated at US$ 518.3 million in 2018. It is estimated to develop by a CAGR of 6.4% during the period of 2019 to 2025 and is projected to range US$ 802.1 million by the completion of 2025.
Drivers:
The development is credited to rising inclination for mountain trekking, biking and entertaining events. Increasing admiration for off road and mountain biking, together with increasing worries regarding the safety, at the time of riding over rough landscapes is enhancing the demand for the product.
Mountain Bike Shoes are particularly intended to deliver safety from shocks and possesses firm sole to increase transmission of power. Dependable and easy clasp upsurges safety, self-assurance and comfort of the riders. Mountain bike shoes are rugged with the necessary flexibility to deliver sufficient grip at the time of riding the bike on rough landscape. These footwear withstand in every climatic circumstances, creating them additionally popular between customers. The soles of carbon rubber in Mountain bike footwear proposes additional grip as compare to customary shoes, at the time of walking above slippery and rocky passageways, which makes it safer than customary shoes.
Increasing interest of the end user in participation of the events for example marathons, mountain bike phase races, and stones races is expected to motivate demand for the product. This sequentially is estimated to power the development of the mountain bike shoes market. Customary shoes are flexible however mountain bike shoes are intended to retain the feet inflexible, transferring entire power to pedals by means of not at all loss of power. Mountain bike shoes having double cleats hole, likewise recognized as SPD cleats, sunken into sole making. This too benefits at the time of inside cycling, casual road biking and walking. Customers choose clipless of horizontal mountain bike shoes, dependent on the kind of pedals.
Classification:
The global mountain bike shoes industry can be classified by Sales Network, End User and Region. By Sales Network, it can be classified as Online Shops, Offline Shops, Brand Showrooms, Super Markets, Hyper Markets and Others. By End User, it can be classified as Female, Male.
Regional Lookout:
By Region the global mountain bike shoes market can be classified as North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. Asia Pacific region is projected to grow by the speedy CAGR for the period of the forecast. Growth in acceptance of mountain biking such as an adventure and free time adventure game in the nations like Singapore, Japan, China and others is expected to motivate the development of the provincial market. Increasing figure of departmental stores for sports accessories combined with growing online buying is backing up the demand for mountain bike shoes within the region.
European region is projected to remain holding the largest share of the market during the approaching years. Growing figure of female cyclists is motivating the development of the local income. The nations like the U.K., France and Germany are motivating the market for mountain bike shoes due to the growing expenses by the consumer on safety equipment for the riders of the bike. Conversely, due to the increasing reputation of mountain biking and the presence of some of the world’s finest tracks for mountain biking in the U.S.A and Canada, North America is also projected to observe sturdy development during the period of forecast.
Companies:
Some of the important companies for mountain bike shoes industry are: Trek Bicycle Corporation, Frankd MTB Apparel, North Wave, SHIMANO INC., Adidas Outdoor, Five Ten Footwear Company, Fox Head, Inc., Specialized Bicycle Components, Pearl Izumi, and GIRO SPORT DESIGN.
Market Segment:
Mountain Bike Shoes End User Outlook (Revenue, USD Million, 2015 - 2025)
• Male
• Female
Mountain Bike Shoes Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
• Offline
• Online
Mountain Bike Shoes Regional Outlook (Revenue, USD Million, 2015 - 2025)
• North America
• U.S.
• Europe
• Germany
• France
• U.K.
• Asia Pacific
• China
• Japan
• Central & South America
• Brazil
• Middle East & Africa
Research Support Specialist, USA