Mountain Bike Shoes Market To Reach $1,147.0 Million By 2030

Mountain Bike Shoes Market Growth & Trends

The global mountain bike shoes market size is estimated to reach USD 1,147.0 million by 2030, registering a CAGR of 7.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing trend of mountain biking, trekking, and other outdoor and recreational activities owing to increasing health consciousness is boosting the demand for Mountain Bike (MTB) footwear. Rising popularity of mountain and off-road biking coupled with growing safety concerns while riding through rugged terrains is boosting the product demand. MTB footwear have stiff sole with required flex to enhance power transmission with minimal power loss while on the ride.

Increasing consumer interest in participation events such as gravel races, mountain bike stage races, and marathons is anticipated to drive the growth of the market. Consumers prefer Mountain Bike Shoes such as flat or clipless shoes on the basis of pedal types. MTB shoes with two cleats holes, also known as SPD cleats, recessed into sole making which helps while walking, casual road biking, and indoor cycling. High ventilation coupled with variety in fastening of shoes such as Velcro straps, dial system, ratchet buckles, and laces is anticipated to fuel the product demand.

Rising influence of social media coupled with growing awareness regarding various sporting events is boosting demand of MTB footwear. Online distribution channel is anticipated to witness significant growth over the forecast period, owing to availability of a wide range of Mountain Bike Shoes with easy comparison and return policy. Rising preference for online purchase of Mountain Bike Shoes to save the hassle of visiting the stores along with the availability of special discounts is anticipated to drive the mountain bike footwear market growth. However, majority of sales take place via retail and specialty stores. Growing number of specialty stores dedicated to the sale of cycling equipment and accessories is one of the major factors attributed to the maximum market share of this segment.

Male segment held the largest share of the mountain bike cycling shoes market owing to the high number of males engaging in cycling activity. Growing interest of females in cycling is expected to boost growth of the female segment over the forecasted period. Continuous efforts of manufacturers in terms of product innovation for female riders by enhancing shock absorbers, seating, and gear system are expected to support the market growth.

Europe holds largest market share, owing to increasing spending on safety accessories by consumers from countries such as Germany, France, and U.K. North America is also expected to witness strong growth owing to increasing adoption of mountain biking as a leisure sport coupled with the presence of adventure tracks in Canada and U.S. Asia Pacific is expected to be the fastest growing region in the market for Mountain Bike Shoes owing to increase in specialty retail stores dedicated to cycling and increasing spending power of consumers.

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Mountain Bike Shoes Market Report Highlights

• Based on price range, the mass price segment held the largest revenue share of 62.9% in 2023, attributed to the affordability and accessibility offered by these products to a large consumer base.

• The females end-use segment is expected to grow at the fastest CAGR over the forecast period, owing to a substantial surge in female participation in cycling activities, including mountain biking.

• By distribution channel, the offline segment held the largest revenue share in the market in 2023.

• North America held a significant share of the global market in 2023, owing to a surge in the demand for MTB shoes by the young population in the region.

Mountain Bike Shoes Market Segmentation

Grand View Research has segmented the global mountain bike shoes market based on end-use, price range, distribution channel, and region:

Mountain Bike Shoes End Use Outlook (Revenue, USD Million, 2018 - 2030)

• Male

• Female

Mountain Bike Shoes ???????Price Range Outlook (Revenue, USD Million, 2018 - 2030)

• Mass

• Premium

Mountain Bike Shoes ???????Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Offline

• Online

Mountain Bike Shoes ???????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

List of Key Players in the Mountain Bike Shoes Market

• 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