According to the newly released report by Future Market Insights (FMI), the Waterproof Sneakers market is estimated at USD 230.3 million in 2022 and is projected to reach USD 354.2 million by 2032, growing at a compound annual growth rate (CAGR) of 4.4% from 2022 to 2032.
As waterproof shoes become essential for individuals facing wet conditions—from rainy climates to snowy terrains—the market continues to expand. The report highlights key insights into market trends, drivers, and forecasts over the next decade.
Key Drivers of the Waterproof Sneakers Market
- Rising Demand for Moisture Protection: Increasing awareness of the discomfort and health risks associated with wet shoes, including blisters and fungal infections, is driving consumers towards waterproof footwear.
- Growing Popularity of Outdoor Activities: The surge in adventure sports and outdoor activities, particularly in regions with unpredictable weather, is boosting the need for reliable waterproof sneakers.
- Climate Influences: Frequent rain and snowfall in various regions create a strong demand for waterproof shoes, as consumers seek reliable options to keep their feet dry.
- Technological Innovations: Advances in waterproofing technologies, including the use of synthetic and natural materials, enhance product effectiveness and appeal to consumers.
- Changing Consumer Preferences: A shift towards fashionable and functional footwear encourages consumers to invest in waterproof sneakers, particularly in urban areas with varied weather conditions.
- Increased Spending on Leisure and Lifestyle: Rising disposable incomes allow consumers to prioritize quality footwear, with waterproof options becoming a popular choice for both everyday wear and outdoor adventures.
Regional Insights
- United Kingdom: Waterproof sneakers are popular due to the rainy climate, combining fashion with functionality.
- United States: Heavy snowfall and outdoor activities drive the preference for high-quality waterproof footwear.
- India: Influenced by Western trends, Indian consumers are increasingly choosing waterproof sneakers for monsoon seasons.
Competitive Landscape
Manufacturers are creating waterproof sneakers tailored for various scenarios. In addition to being waterproof, these sneakers are designed to be stylish and come equipped with features like lightweight soles, anti-bacterial insoles, and enhanced cushioning for added support.
For Instance:
- A sneaker manufacturing brand named ON has introduced its best-in-class and stylish waterproof sneakers in the market. The Cloudrock 2 shoes from the manufacturer are one of the products they are selling. This sneaker is ideal for outdoor rugged use as well as daily use as a casual or sports shoe. It has soft cushioning and a rubber grip, keeping the impact low.
Key Companies Profiled
Skechers
Nike
Adidas
Quechua
Wildcraft
ASIAN
Asics
Columbia
New Balance
ON
North Face
ECCO
Nike ACG
Solomon
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Waterproof Sneakers Market by Category
By Closure Type, the Waterproof Sneakers Market is segmented as:
- Lace Up
- Elastic
- Velcro
- Slip-On
- Others
By Sole Material, Waterproof Sneakers Market is segmented as:
- Rubber
- Leather
- Polyurethane
- EVA
- Others
By Outer Material, Waterproof Sneakers Market is segmented as:
- Leather
- Rubber
- PVC
- Mesh
- Others
By Consumer Orientation, Waterproof Sneakers Market is segmented as:
- Men
- Women
- Children
By Sales Channel, Waterproof Sneakers Market is segmented as:
- Hypermarket/Supermarket
- Wholesalers/Distributors
- Specialty Stores
- Multi-brand Stores
- Independent Small Stores
- Online Retailers
- Other Sales Channel
By Region, Waterproof Sneakers Market is segmented as:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa(MEA)
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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