Press release
Mountain Bike Footwear and Socks Market 2018 by Global Leaders |Shimano, Inc, Five Ten Footwear Company, Trek Bicycle Corporation, Louis Garneau Sports, Giro
2018 Global Mountain Bike Footwear and Socks Market Report is a professional and in-depth research report on the world's major regional market conditions of the Mountain Bike Footwear and Socks Market, focusing on the main regions and the main countries (North America, Europe, South America, Middle East & Africa)
Mountain Bike Footwear and Socks Market, By Value, is Predicted to grow at a CAGR of Over 5.57% by 2024
Market Forecast:
The popularity of digital and social media marketing has increased manifold in recent years. In addition, the age and gender targeted marketing options offered by major social media platforms made it easier for the companies to connect with the potential customers which has boosted the growth for mountain bike footwear and socks market.
Furthermore, the technological advancement in mountain biking equipment and accessories including footwear and shoes has provided a lot of comfort and convenience to participants. Moreover, growing number of women participation specifically in North America and Europe region is accelerating the demand for mountain bike footwear and socks
Receive a Sample Report Copy @ https://www.marketresearchfuture.com/sample_request/4886
Competitive Analysis:
This report includes a study of strategies used in the market, mergers, and acquisitions and multiple product launches by mountain bike footwear and socks market players. It further includes product portfolios and developments of leading players, which includes
Shimano, Inc.
Five Ten Footwear Company
Diadora Sports S.r.l
Trek Bicycle Corporation
Louis Garneau Sports
Giro
Cannondale
Mavik
Fizik Northwave
However, athletic shoes and socks market is highly consolidated in North America accounting for more than 70% of the market where as global market is moderately consolidated. Smaller, specialized players have limited market share. The major players have well established brands, enjoy high brand recall among consumers as well as have large base of loyal consumers. This is considered to be a major barrier for new entrants in the market. Nevertheless, all these factors are boosting the global mountain bike footwear and socks market to grow at the CAGR of 5.57% during the forecast period of 2017-2024.
Region Analysis:
The global mountain bike footwear and socks market is segmented into North America, South America Europe, Asia Pacific, and rest of the world (ROW). Among these, North American region is dominating the market over the forecast period. The market is projected to grow at a CAGR of 5.46% during the review period. This is attributed to high demand of mountain bike footwear and socks in this region. Among the North American countries, the U.S. is majorly driving the market of mountain bike footwear and socks market in this region. However, Asia Pacific region is expected to grow with a CAGR of 6.30% during the review period. In Asia Pacific region, China is expected to hold 33% market share in the year 2017.
Market Segmentation:
The global mountain bike footwear and socks market is segmented by type, end-user, distribution channel and region
Downstream Analysis:
Among the type, mountain bike footwear segment is anticipated to retain its dominance throughout the forecast period. Also, the segment is projected to register a healthy CAGR of 5.57% during the given period due to increase in the demand of bike footwear especially for females. Customers are also inclined to adopt specific shoe for the mountain biking purposes. Also, increasing youth population in the developing economies is also propelling the demand of mountain bike footwear in the review period. Among the end-user of mountain bike footwear and socks market, male segment accounts for 63% followed by female accounting for 34% of the global mountain bike footwear and socks market. The segment is projected to register a healthy CAGR of 5.05% during the forecast period 2017-2024.
Complete Report Details of Mountain Bike Footwear and Socks Market report spread across 151 pages, profiling 10 companies with tables and figures available @ https://www.marketresearchfuture.com/reports/mountain-bike-footwear-socks-market-4886
Table Of Contents
TABLE 1 GLOBAL MOUNTAIN BIKE FOOTWEAR & SOCKS MARKET, BY TYPE (2012-2016), (USD MN) 38
TABLE 2 GLOBAL MOUNTAIN BIKE FOOTWEAR & SOCKS MARKET, BY TYPE (2017-2024), (USD MN) 38
TABLE 3 GLOBAL MOUNTAIN BIKE FOOTWEAR & SOCKS MARKET, BY END USER (2012-2016), USD MN 40
TABLE 4 GLOBAL MOUNTAIN BIKE FOOTWEAR & SOCKS MARKET, BY END USER (2017-2024), USD MN 40
TABLE 5 GLOBAL MOUNTAIN BIKE FOOTWEAR & SOCKS MARKET, BY DISTRIBUTION CHANNEL (2012-2016), (USD MN) 42
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
Mountain Bike Footwear and Socks Market, By Value, is Predicted to grow at a CAGR of Over 5.57% by 2024
Market Forecast:
The popularity of digital and social media marketing has increased manifold in recent years. In addition, the age and gender targeted marketing options offered by major social media platforms made it easier for the companies to connect with the potential customers which has boosted the growth for mountain bike footwear and socks market.
Furthermore, the technological advancement in mountain biking equipment and accessories including footwear and shoes has provided a lot of comfort and convenience to participants. Moreover, growing number of women participation specifically in North America and Europe region is accelerating the demand for mountain bike footwear and socks
Receive a Sample Report Copy @ https://www.marketresearchfuture.com/sample_request/4886
Competitive Analysis:
This report includes a study of strategies used in the market, mergers, and acquisitions and multiple product launches by mountain bike footwear and socks market players. It further includes product portfolios and developments of leading players, which includes
Shimano, Inc.
Five Ten Footwear Company
Diadora Sports S.r.l
Trek Bicycle Corporation
Louis Garneau Sports
Giro
Cannondale
Mavik
Fizik Northwave
However, athletic shoes and socks market is highly consolidated in North America accounting for more than 70% of the market where as global market is moderately consolidated. Smaller, specialized players have limited market share. The major players have well established brands, enjoy high brand recall among consumers as well as have large base of loyal consumers. This is considered to be a major barrier for new entrants in the market. Nevertheless, all these factors are boosting the global mountain bike footwear and socks market to grow at the CAGR of 5.57% during the forecast period of 2017-2024.
Region Analysis:
The global mountain bike footwear and socks market is segmented into North America, South America Europe, Asia Pacific, and rest of the world (ROW). Among these, North American region is dominating the market over the forecast period. The market is projected to grow at a CAGR of 5.46% during the review period. This is attributed to high demand of mountain bike footwear and socks in this region. Among the North American countries, the U.S. is majorly driving the market of mountain bike footwear and socks market in this region. However, Asia Pacific region is expected to grow with a CAGR of 6.30% during the review period. In Asia Pacific region, China is expected to hold 33% market share in the year 2017.
Market Segmentation:
The global mountain bike footwear and socks market is segmented by type, end-user, distribution channel and region
Downstream Analysis:
Among the type, mountain bike footwear segment is anticipated to retain its dominance throughout the forecast period. Also, the segment is projected to register a healthy CAGR of 5.57% during the given period due to increase in the demand of bike footwear especially for females. Customers are also inclined to adopt specific shoe for the mountain biking purposes. Also, increasing youth population in the developing economies is also propelling the demand of mountain bike footwear in the review period. Among the end-user of mountain bike footwear and socks market, male segment accounts for 63% followed by female accounting for 34% of the global mountain bike footwear and socks market. The segment is projected to register a healthy CAGR of 5.05% during the forecast period 2017-2024.
Complete Report Details of Mountain Bike Footwear and Socks Market report spread across 151 pages, profiling 10 companies with tables and figures available @ https://www.marketresearchfuture.com/reports/mountain-bike-footwear-socks-market-4886
Table Of Contents
TABLE 1 GLOBAL MOUNTAIN BIKE FOOTWEAR & SOCKS MARKET, BY TYPE (2012-2016), (USD MN) 38
TABLE 2 GLOBAL MOUNTAIN BIKE FOOTWEAR & SOCKS MARKET, BY TYPE (2017-2024), (USD MN) 38
TABLE 3 GLOBAL MOUNTAIN BIKE FOOTWEAR & SOCKS MARKET, BY END USER (2012-2016), USD MN 40
TABLE 4 GLOBAL MOUNTAIN BIKE FOOTWEAR & SOCKS MARKET, BY END USER (2017-2024), USD MN 40
TABLE 5 GLOBAL MOUNTAIN BIKE FOOTWEAR & SOCKS MARKET, BY DISTRIBUTION CHANNEL (2012-2016), (USD MN) 42
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
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