The hunting boots market is setting its sights on a significant rise, with a projected valuation of US$ 7.3 billion by 2033. This translates to a steady growth of 5.1% CAGR (Compound Annual Growth Rate) over the forecast period. In 2023, the market was estimated at US$ 4.4 billion.
This growth can be attributed to several factors, including:
- Hunter’s Desire for Comfort: Covering long distances in rough terrain requires comfortable footwear. Hunting boots are designed to prioritize this need.
- Rugged Durability: Hunters need boots that can withstand challenging environments. The sturdy build of hunting boots is a major selling point.
- Other Positive Attributes: Hunting boots offer a variety of features that enhance the hunting experience, such as insulation, waterproofing, and special soles for better traction.
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One of the most important factors why hunters select the hunting footwears are because these are water resistant. The jungles are meant for their unpredictable pathways, wherein a person may have to go through a wet and sloppy landscape, and that too all of a sudden. This might increase the sales of hunting boots, as such feature, apart from the ones mentioned above are not offered by other kinds of shoes.
Thus, based on the analysis of FMI The increasing requirement by hunters to be on comfort while covering a lot of ground while hunting, along with the sturdiness offered by the hunting boots and many other factors are expected to increase the demand for hunting boots.
Key Takeaways:
- The expected CAGR for the hunting boots market during the forecast period is 5.2%.
- The hunting boots market valuation as on 2022 is US$ 4200 million.
- The expected valuation of hunting boots market as on 2032 is US$ 6970 million.
- The 200 grams Insulation currently has the Largest Market Share in the Hunting Boots Market based on Insulation
- Vulcanised Rubber is the Most Preferred Material Type
- Online Mode is the Most Preferred Sales Channel in the Hunting Boots Market
- The North American hunting boots market currently has a share of 21.57%.
- The European hunting boots market currently has a market share of 19.54%.
- Asia Pacific anticipated to be the fastest growing market.
Key Companies Profiled:
- SharpeZone
- Lacrosse
- Muck Boot
- Wolverine Boots
- Under Armour
- L.L.Bean Inc.
- Crispi Sport
- WC Russell Moccasins Co.
- Kenetrek LLC
- LaCrosse Footwear
Key Segments Profiled in the Hunting Boots Market
By Insulation:
- 200 grams insulation,
- 400 to 800 grams insulation,
- >1000 grams insulation
By Hunting Style:
- Custom-fit Rugged Style
- Over Boots
- Hiking Boots
- High Altitude Hunting Boots
- Snake Boots
By Material Type:
- Nylon
- Mesh
- Full Grain Leather
- Vulcanised Rubber
By Shaft Height:
- 7 inches
- 8 to 12 inches
- 13 to 16 inches
- >17 inches
By Sales Channel:
- Online
- Hypermarkets/Supermarkets
- Footwear Stores
- Convenience Stores
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
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 ~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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