GVR Report cover Mountain Bike Shoes Market Size, Share & Trends Report

Mountain Bike Shoes Market Size, Share & Trends Analysis Report By Price Range (Mass, Premium), By Distribution Channel (Offline, Online), By End Use (Male, Female), By Region, And Segment Forecasts, 2024 - 2030

  • Report ID: GVR-3-68038-805-3
  • Number of Report Pages: 100
  • Format: PDF, Horizon Databook
  • Historical Range: 2018 - 2022
  • Forecast Period: 2024 - 2030 
  • Industry: Consumer Goods

Report Overview

The global mountain bike shoes market size was valued at USD 703.5 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2030. The increasing popularity of mountain biking activities globally, growing emphasis on performance and safety, and expanding distribution channels have led to a surge in demand for mountain bike (MTB) shoes. These shoes are specially designed to protect the rider from high impacts and help reduce trail chatter, slippery pedals, and limb fatigue. A stiff sole and proper cushioning ensure a comfortable MTB riding experience. There has been a heightened interest in outdoor activities and adventure sports among consumers, which has led to a significant increase in mountain biking participation worldwide. This trend positively impacts an elevated demand for specialized footwear designed for rugged and challenging terrain.

U.S. Mountain Bike Shoes market

Manufacturing innovations in shoe design, materials used, and production processes have resulted in the development of products offering superior performance, safety, comfort, and durability to mountain bike riders. These advancements enhance the riding experience and drive consumer preference for specialized MTB shoes. For instance, Canyon has launched its Tempr CFR Road shoes designed for XC mountain biking, gravel, and high-performance road racing. These shoes incorporate the company's PUREFIT360 insole, PerformFit Wrap system, and CFR carbon fiber internal plate. As mountain biking steadily becomes more competitive, riders increasingly prioritize using performance-oriented gear. Additionally, this sport's inherent leg and foot injury risks have fueled strong demand for shoes that provide adequate protection and support.

Growing disposable income levels in key markets of North America and Europe, such as the U.S., Germany, France, and the UK, have empowered regional consumers to invest in high-quality sports equipment, including mountain bike shoes. This increased purchasing power has fueled substantial market expansion. Additionally, an expanding young and physically active population, particularly in emerging economies of the Asia Pacific region, represents a significant consumer segment to target for mountain bike shoe manufacturers. This demographic trend is expected to drive sustained industry expansion in the coming years.

Price Range Insights

The mass price segment held the largest market revenue share of 62.9% in 2023. This can be attributed to the affordability and accessibility offered by these products to a large consumer base. Mass-priced mountain bike shoes align with the budgetary constraints of these consumers. Amateurs in mountain biking often prefer to initiate their cycling journey with more affordable equipment, such as riding gear and footwear. Moreover, manufacturers can significantly reduce costs through large-scale, mass-priced shoe production. These savings are reflected in feasible spending for consumers, further stimulating demand.

Premium-priced MTB shoes are anticipated to register the fastest growth rate from 2024 to 2030. Enthusiasts who frequently prefer different terrains for mountain biking focus on their safety, convenience, and protection over affordability. Premium-priced MTB shoes are made with high-quality rubber soles designed to withstand rugged situations, thus ensuring complete impact protection. Additionally, these shoes are more functional in terms of their water-proof nature for wet conditions, provision of extra padding for enhanced support and comfort, and a hard-toe box for protection of toes. These factors lead to a high growth rate for the segment.

Distribution Channel Insights

The offline distribution channel segment held the largest revenue share in the market in 2023.Mountain bike shoes form part of a product category that requires physical examination and fitting tests before purchase. Customers need to try on these shoes to assess comfort, size, material quality, and compatibility with cycling pedals. Offline retail stores are designed to provide an essential platform for this tactile experience. Additionally, the availability of a knowledgeable staff that is capable of providing expert advice on product selection, fit, and maintenance enhances customer experience and fosters loyalty. These factors account for the high share of offline distribution channels.

Global Mountain Bike Shoes market

Meanwhile, online distribution channel is expected to grow at the fastest CAGR during the forecast period. This is attributed to an expansion of online distribution networks across various geographies. E-commerce platforms offer an elevated buying experience to consumers through a variety of product offerings, catering to the requirements of a large consumer class, secure payment options, and faster product delivery. Additionally, convenient product returns and refund options have attracted reluctant consumers, who are increasingly willing to try making their purchases online. These factors, along with efficient logistics, have led to amplified market growth in this segment.

End Use Insights

Male consumers led the mountain bike shoes market, accounting for a revenue share in 2023. This can be attributed to the historical dominance of male presence in outdoor activities such as hiking, desert trails, and mountain biking. According to a study published in the National Library of Medicine that aimed to understand gender preferences in mountain biking, 45% of men stated that they had been doing mountain biking for a long time, usually since childhood, compared to just 28% of women. Another study by the National Forest Estate in Scotland stated that 76% of their mountain biking participants are male. The high risk of injuries associated with this sport generally deters female enthusiasts. These distinctions have steadily narrowed in recent years; however, physiological differences between genders have historically influenced product design and sizing, potentially creating barriers for female riders and leading to their comparatively lower share.

The females end use segment is expected to grow at the fastest CAGR over the forecast period. This is owing to a substantial surge in female participation in cycling activities, including mountain biking. This demographic shift coincides with a heightened demand for specialized footwear designed to meet the unique needs of female riders.Manufacturers have recognized the growth potential of the female mountain bike shoe segment. As a result, they are making rigorous efforts to develop products tailored to female anatomy, preferences, and performance requirements. This innovation has driven product adoption and market expansion.

Regional Insights

Europe held the highest revenue share of 49.0% of the global market in 2023. The region has developed a strong cycling culture for centuries, with numerous cycling and MTB competitions being held that witness strong participation. For instance, Birkebeinerrittet is the world's largest MTB race held in Norway annually, starting from Rena and ending at Lillehammer. Annually, over 17,000 mountain bikers participate in this race. Additionally, European countries are among the top MTB race medal winners in the Olympic Games. Such a favorable environment ensures a high demand and popularity for this sport, leading to the region’s dominance.

UK Mountain Bike Shoes Market Trends

The UK accounted for a significant share of the European market in 2023. A substantial demand has been observed from female MTB enthusiasts who are increasingly participating in local mountain trails. Additionally, increased emphasis on research and development by manufacturers has resulted in superior product performance and consumer satisfaction. As fitness enthusiasts in the country look for more exciting options, MTB offers them the requisite thrill, fun, and excitement, leading to a high anticipated growth in this market.

North America Mountain Bike Shoes Market Trends

North America held a significant share of the global market in 2023. This is owing to a surge in the demand for MTB shoes by the young population in the region. The culture of mountain biking is growing steadily across the U.S. and Canada. People who embark on vacations and camping generally prefer to carry their mountain bikes along for terrain exploration, owing to an ample presence of challenging and rough terrains. Families going for vacations in remote areas prefer the safety of their children. This has led to a surged demand for MTB gear and shoes among regional consumers.

U.S. Mountain Bike Shoes Market Trends

The U.S. dominated the regional market in 2023. The number of Americans picking up mountain biking as an activity has increased steadily over the years. For instance, USA Cycling is the official governing body responsible for carrying out various cycling championships in the country and ensuring the rising popularity of the sport. Additionally, a high spending capacity among a large consumer base has ensured a steady demand for MTB gears and shoes over the years, leading to a large share of the country.

Asia Pacific Mountain Bike Shoes Market Trends

Asia Pacific is expected to register the fastest growth from 2024 to 2030.A notable increase in participation in outdoor recreational activities, particularly mountain biking, has been observed across regional nations such as China, Japan, and Singapore. This heightened engagement has driven a corresponding demand for specialized gear and mountain bike shoes.Asia Pacific has witnessed substantial growth in its middle-class population with increased disposable income. Consequently, consumers have exhibited a higher propensity to invest in premium sports equipment, such as high-performance MTB shoes.

The extensive presence of hilly terrain in North Indian states such as Uttarakhand and Himachal Pradesh, which are suitable for mountain biking, is attracting young adventurers. As the tourism sector is undergoing significant transformation with favorable government policies, the influx of tourists has increased over the past few years. This has led to an increased demand for adventure sports activities such as mountain biking. Additionally, local championships such as MTB Himalaya and Foothills MTB Challenge have ensured a growth in popularity for mountain biking. These factors present promising growth prospects for accessories such as MTB shoes in India.

Key Companies & Market Share Insights

Some key companies involved in the mountain bike shoes market include Specialized Bicycle Components, Inc., SHIMANO INC., and adidas AG, among others.

  • Specialized Bicycle Components, Inc. is a U.S.-based manufacturer of bicycles, bicycle parts, and accessories. The company offers its products under the brand name Specialized. The accessories offered by Specialized include helmets, bags, bottle cages, lights, grips and tapes, and water bottles. The company offers various types of cycling shoes catering to the requirements of consumers, such as Recon Gravel & Mountain Bike shoes, S-works shoes, and 2FO shoes.

  • SHIMANO INC. is a Japanese multinational manufacturer of cycling components, rowing equipment, and fishing tackle. In the MTB footwear segment, SHIMANO offers a variety of choices for enthusiasts. These specialized shoes are equipped with soles that are made with tuned rubber compounds for better paddle grip and stiffness. Shimano offers Gravity Enduro and Gravity Flat shoes, catering to the functional requirements of bikers.

Key Mountain Bike Shoes Companies:

The following are the leading companies in the mountain bike shoes market. These companies collectively hold the largest market share and dictate industry trends. 

  • GIRO SPORT DESIGN
  • adidas AG
  • PEARL iZUMi
  • SHIMANO INC.
  • Specialized Bicycle Components, Inc.
  • Northwave
  • FOX
  • Frankd MTB Apparel
  • Sidi Sport S.r.l.
  • Trek Bicycle Corporation

Recent Developments

  • In August 2023, SHIMANO launched its Gravity Enduro lineup of mountain biking footwear that provides improved grip on slippery terrain and optimized bike control on technically challenging sections. The series includes a completely revamped footwear range, including the GE900, GE700, and the GE500 & GE500W shoes that feature the ULTREAD GE outsole and the TORBAL 2.0 midsole.

  • In February 2023, Fox Racing announced its entry into the mountain bike shoe category through the introduction of the Union shoe series for motocross riders and mountain bikers. This series included the Union Flat, Union, and Union BOA models that feature a reinforced toe box, a molded toe cap, and an Ultratac outsole for higher durability and grip. The shoes are available in four different colors and unisex sizes.

Mountain Bike Shoes Market Report Scope

Report Attribute

Details

Market size value in 2024

USD 750.7 million

Revenue Forecast in 2030

USD 1,147.0 million

Growth Rate

CAGR of 7.3% from 2024 to 2030

Base year for estimation

2023

Historical data

2018 - 2022

Forecast period

2024 - 2030

Quantitative units

Revenue in USD million and CAGR from 2024 to 2030

Report Coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments Covered

End use, price range, distribution channel, region

Regional scope

North America, Europe, Asia Pacific, Latin America, MEA

Country scope

U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, China, Japan, Australia & New Zealand, South Korea, India, Brazil, South Africa

Key companies profiled

GIRO SPORT DESIGN; adidas AG; PEARL iZUMi; SHIMANO INC.; Specialized Bicycle Components, Inc.; Northwave; FOX; Frankd MTB Apparel;Sidi Sport S.r.l.; Trek Bicycle Corporation

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

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Avail customized purchase options to meet your exact research needs. Explore purchase options

Global Mountain Bike Shoes Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the mountain bike shoes market report based on end use, price range, distribution channel, and region.

  • End Use Outlook (Revenue, USD Million, 2018 - 2030)

    • Male

    • Female

  • Price Range Outlook (Revenue, USD Million, 2018 - 2030)

    • Mass

    • Premium

  • Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

    • Offline

    • Online

  • Regional Outlook (Revenue, USD Million, 2018 - 2030)

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • UK

      • Germany

      • France

      • Italy

      • Spain

    • Asia Pacific

      • Japan

      • India

      • China

      • Australia & New Zealand

      • South Korea

    • Latin America

      • Brazil

    • Middle East & Africa

      • South Africa

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