Market Overview:
The global cycling shoes market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing popularity of cycling as a mode of transportation and recreation. Additionally, the growing demand for premium quality and technologically advanced cycling shoes is also propelling the growth of this market. Based on type, the global cycling shoes market can be segmented into MTB shoes and road shoes. MTB shoes are designed for off-road biking, while road shoes are specifically designed for use on paved roads or trails. Road shoe segments is expected to register higher CAGR during forecast period owing to increasing adoption among cyclists for its lightweight construction and enhanced performance features over traditional MTB footwear options. Based on application, men’s segment dominates global Cycling Shoes Market with highest share in terms revenue followed by women’s segment over 2018-2030 due rising trend among male population towards outdoor activities such as Cycling . However , in terms of CAGR , Women’s Segment is projected to grow at higher rate over next decade owing increase in number female cyclists across globe . Regionally , North America accounts highest revenue share in Global Cycling Shoes Market followed by Europe due high penetration rate of Cycling culture along with presence major players offering wide range products catering this region .
Product Definition:
Cycling shoes are a specialized type of shoe designed specifically for cycling. They are typically lighter and stiffer than other types of shoes, and have a recessed cleat that allows the rider to pedal more efficiently. Cycling shoes are important because they provide the cyclist with improved power transfer and comfort while riding.
MTB Shoes:
MTB shoes are mountain bike specific footwear designed to offer the best performance possible on the bike. MTB shoes are specifically designed to provide enough support and stiffness while still being comfortable enough for long-distance riding. Mountain Bike specific footwear is made with a stiffer sole so that it can provide more power transmission, better control of the bike and prevent foot injuries caused by sudden braking due to friction.
Road Shoes:
Road shoes are also known as walking shoes or trekking shoes and are designed to be used on paved roads. The main purpose of these footwear is to protect the feet from injuries that may occur while walking or running on asphalt, concrete, and other such hard surfaces. Road shoe manufacturers use various types of materials including plastic resin, thermoplastic polyurethane (TPU), rubber, carbon fiber among others for manufacturing these products.
Application Insights:
The men application segment held the largest share of more than 60.0% in 2017. The segment is expected to witness significant growth owing to increasing popularity of road cycling and other sports activities on account of rising disposable income among the middle-class population across various regions including Asia Pacific and Middle East & Africa. Furthermore, increase in spending on clothing including jerseys, t-shirts, shorts etc., for sports cyclists will boost industry growth over the forecast period.
Increasing demand for performance footwear among male athletes participating in track and field as well as other outdoor games will drive industry expansion over the next eight years especially in Europe.
Regional Analysis:
Europe dominated the global cycling shoes market in 2017. The region is expected to continue its dominance over the forecast period. Europe has been witnessing a growing interest in sports such as mountain biking and road cycling, which will drive the demand for cycling shoes over the next eight years. Countries such as Switzerland, Belgium, France and Italy are among those that witness maximum participation in sports activities across various categories including Olympics Games (Summer), Tour de France (Tour de France) and Ironman Triathlon (Ironman). These countries have also witnessed an increase in infrastructure development for mountain biking trails and bike paths along with steady growth of organized clubs across major cities.
Asia Pacific is anticipated to be one of fastest-growing regions during the same period owing to increasing popularity of various types of racing including cyclo-cross, road racing and track racing on bicycles throughout Asia Pacific countries such as China, Japan, Australia etc.
Growth Factors:
- Increasing popularity of cycling as a mode of transportation and exercise
- Growing demand for premium quality cycling shoes
- Rising number of cyclists in developed countries
- Proliferation of online retailing platforms for cycling shoes
- Introduction of innovative technologies in cycling shoes
Scope Of The Report
Report Attributes
Report Details
Report Title
Cycling Shoes Market Research Report
By Type
MTB Shoes, Road Shoes
By Application
Men, Women
By Companies
Giro, SHIMANO, Sidi, Bont Cycling, Northwave, DMT, Louis Garneau Sports, Fizik, Pearl Izumi, Specialized, Giro, Nalini, Bontrager, 45Nrth, Lake, Mavic, Look Cycle, Vittoria shoes, Five Ten, QUOC, Luck
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Cycling Shoes Market Report Segments:
The global Cycling Shoes market is segmented on the basis of:
Types
MTB Shoes, Road Shoes
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Men, Women
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Giro
- SHIMANO
- Sidi
- Bont Cycling
- Northwave
- DMT
- Louis Garneau Sports
- Fizik
- Pearl Izumi
- Specialized
- Giro
- Nalini
- Bontrager
- 45Nrth
- Lake
- Mavic
- Look Cycle
- Vittoria shoes
- Five Ten
- QUOC
- Luck
Highlights of The Cycling Shoes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- MTB Shoes
- Road Shoes
- By Application:
- Men
- Women
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cycling Shoes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cycling shoes are a type of shoe that is designed for cyclists. They have a number of features that make them better suited for cycling, such as thicker soles and more robust construction. Cycling shoes are also typically lighter than other types of shoes, which makes them easier to wear on long rides.
Some of the major players in the cycling shoes market are Giro, SHIMANO, Sidi, Bont Cycling, Northwave, DMT, Louis Garneau Sports, Fizik, Pearl Izumi, Specialized, Giro, Nalini, Bontrager, 45Nrth, Lake, Mavic, Look Cycle, Vittoria shoes, Five Ten, QUOC, Luck.
The cycling shoes market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cycling Shoes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cycling Shoes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cycling Shoes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cycling Shoes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cycling Shoes Market Size & Forecast, 2020-2028
4.5.1 Cycling Shoes Market Size and Y-o-Y Growth
4.5.2 Cycling Shoes Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 MTB Shoes
5.2.2 Road Shoes
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Men
6.2.2 Women
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cycling Shoes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cycling Shoes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 MTB Shoes
9.6.2 Road Shoes
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Men
9.10.2 Women
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 MTB Shoes
10.6.2 Road Shoes
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Men
10.10.2 Women
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 MTB Shoes
11.6.2 Road Shoes
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Men
11.10.2 Women
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 MTB Shoes
12.6.2 Road Shoes
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Men
12.10.2 Women
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 MTB Shoes
13.6.2 Road Shoes
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Men
13.10.2 Women
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cycling Shoes Market: Competitive Dashboard
14.2 Global Cycling Shoes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Giro
14.3.2 SHIMANO
14.3.3 Sidi
14.3.4 Bont Cycling
14.3.5 Northwave
14.3.6 DMT
14.3.7 Louis Garneau Sports
14.3.8 Fizik
14.3.9 Pearl Izumi
14.3.10 Specialized
14.3.11 Giro
14.3.12 Nalini
14.3.13 Bontrager
14.3.14 45Nrth
14.3.15 Lake
14.3.16 Mavic
14.3.17 Look Cycle
14.3.18 Vittoria shoes
14.3.19 Five Ten
14.3.20 QUOC
14.3.21 Luck
