Report : North America Fishing Footwear Market Forecast to 2030 - Regional Analysis - by Product Type (Boots, Shoes, and Others), Category (Men and Women), and End Use (Residential/Recreational and Commercial)
At 6.4% CAGR, North America Fishing Footwear Market is Speculated to be Worth US$ 301.78 Million by 2030, says Business Market Insights
According to Business Market Insights' research, the North America fishing footwear market was valued at US$ 183.32 million in 2022 and is expected to reach US$ 301.78 million by 2030, registering a CAGR of 6.4% from 2022 to 2030. Increasing demand for specialized footwear for fishing and rise of recreational fishing are among the critical factors attributed to drive the North America fishing footwear market growth.
In recent years, there has been a growing interest in fishing as an outdoor activity as people prefer to spend their time outdoors exploring nature and spending quality time with family and friends. Therefore, fishing gear, apparel, and specialized footwear are witnessing high demand. Fishing footwear is specially designed to prevent the danger of trips, slips, and falls. Incorrect footwear can increase the risk of slipping and falling while rushing on wet decks and uneven, slippery surfaces. There are many dangers associated with wet decks, and falling on a pitching vessel can lead to hospitalization. Therefore, people are investing in specialized footwear for fishing to avoid such accidents and enjoy fishing stress-free.
The manufacturers of fishing footwear offer a variety of products based on different fishing applications. For instance, there are heavy-duty deck boots for cold fishing areas that offer better insulation, protection, and grip. There are low-duty, lightweight sandals that only provide sole protection and grip for slippery surfaces. Thus, consumers can choose among a wide range of products offered by the manufacturers based on their specific requirements. Manufacturers of fishing footwear also offer products with anti-odor, waterproof, and breathable fabrics and materials that prevent foot odor and reduce the risk of fungal infections, wounds, and cuts. Thus, the availability of a wide range of fishing footwear and increasing demand for specialized footwear for fishing, especially among younger generation and commercial fishermen are the factors expected to fuel the market growth over the coming years.
On the contrary, potential harm to marine ecosystem hamper the growth of North America fishing footwear market.
In terms of product type, the North America fishing footwear market is segmented into boots, shoes, and others. The boots segment held 48.3% share of North America fishing footwear market in 2022, amassing US$ 88.46 million. It is anticipated to garner US$ 151.20 million by 2030 to expand at 6.9% CAGR during 2022-2030.
By category, the North America fishing footwear market is bifurcated into men and women. The men segment held 56.8% share of North America fishing footwear market in 2022, amassing US$ 104.14 million. It is projected to garner US$ 167.29 million by 2030 to expand at 6.1% CAGR from 2022 to 2030.
Based on end use, the North America fishing footwear market is categorized into residential/recreational and commercial. The commercial segment held 61.0% share of North America fishing footwear market in 2022, amassing US$ 111.87 million. It is predicted to garner US$ 187.79 million by 2030 to expand at 6.7% CAGR between 2022 and 2030.
Based on country, the North America fishing footwear market is categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 69.0% share of North America fishing footwear market in 2022. It was assessed at US$ 126.49 million in 2022 and is likely to hit US$ 210.72 million by 2030, registering a CAGR of 6.6% during 2022-2030.
Key players operating in the North America fishing footwear market are Grundens LLC, Aftco Manufacturing Co Inc, Huk Gear, Korkers Products LLC, Bryant Sales Co LLC, Guntersville Breathables Inc, Pelagic Inc, Vista Outdoor Inc, and Rocky Brands Inc, among others.
- In August 2022, Korkers launched BOA River Ops wading boots. The newly launched boots are equipped with the BOA M2 fit system, which makes it easier than ever to customize the fit with a simple twist of the dial.
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