Cycling Shoes Statistics

The global market value of cycling shoes

• The estimated market value of cycling shoes in 2023 is $1.22 billion.
• In 2020, the total market value of cycling shoes was $771.7 million.
• The size of the cycling shoe market increased by 4% in 2019 versus 2020.
• In 2018, the market size was valued at $707.7 million, which grew by 4.8% in 2019. 
• The cycling shoe market is predicted to expand at a compound annual growth rate (CAGR) of 3.7%.
• Therefore, the projected market size by 2033 is $1.75 billion.

Global cycling shoe market by region

• In 2023, the estimated market size of cycling shoes in North America is $236.7 million.
• The market value in South America is slightly higher at $245.8 million.
• The predicted market in Europe, as well as the Middle East and Africa, is worth $254.9 million.
• The lowest projected value of all is in Asia which is $227.6 million.

Global cycling shoe market by type

• In 2023, mountain bike shoes are predicted to dominate the cycling shoe market at a value of $646.6 million.
• The estimated market share of road bikes is valued at $305 million.
• City touring bike shoes, on the other hand, are expected to generate a $152.5 million market value.
• The projected market share of winter and water-resistant shoes in 2023 is $67.1 million.

US mountain bike shoe market value by retail network

• The projected market size of mountain bike shoes in the US in 2023 is $127.7 million.
• The offline sales channel of mountain bike shoes in the US is estimated to cover most of the market size at $96.43 million
• On the other hand, the online network is expected to have a market share of $31.28 million.
• While the offline channel is foreseen to hold the largest market share over the years, the online network is estimated to grow at a compound annual growth rate of 7.2% from 2023 to 2025.
• In 2025, the online market value of mountain bike shoes is anticipated to expand to $35.95 million.

Do cycling shoes improve speed and power?

Using cleated cycling shoes on click-in pedals was proven to offer significant improvements during a high-power performance in cycling compared to running shoes on flat pedals and toe clips.

• Using the cleated cycling shoes on click-in pedals boosted the average power of cyclists by 15.8% compared to using running shoes on flat pedals and by 6.9% on running shoes in toe clips.
• The maximum power of cycling shoes on click-in pedals was 26.5% and 16.4% greater versus the running shoes on flat pedals and running shoes on toe clips, respectively.
• During the sprint, the average velocity of cycling shoes on click-in pedals is significantly faster than running shoes on flat pedals and toe clips by 8.9% and 4.8%.
• The maximum velocity, on the other hand, is faster by 8% and 4.7%.
• Cycling shoes boost power output over flat pedals by 10% during vigorous rides.

The average life of cycling shoes

• High-quality cycling shoes can endure an average of 5 to 7 years of frequent use.
• They can reach around 50,000 miles without signs of wear, given that the cleats are replaced regularly. 
• Cycling shoes that are only used for road races may last for 15 years.
• Mountain bike shoes are typically exposed to rough terrain, so their lifespan is shorter from an average of 3 to 4 years.
• Cycling cleats typically last up to 7,000 miles. 
• In duration, cleats last from 4 to 6 months with regular use.
• Cycling cleats on the shoes can be replaced more than 10 times before buying new cycling shoes.

Sources