Global Riding Boots Market Trends & Forecasts upto 2025

  February 5, 2020    |      Consumer Goods and Services    |       593


New York City, NY, 05 February, 2020/ 24 Market Reports: Valued at USD 1.49 billion in the year 2018, the global riding boots market is estimated to grow with a CAGR of 6.3% during the forecast period of 2019 to 2025. Rising safety awareness among millennials as well as professional motorcycle riders is the factor that is driving the market during the forecast period. Rising adoption of riding gear for road trips, adventure touring and professional championships are also the major factors that are propelling the growth of the market during the forecast period.

Riding boots play a vital role in protecting the bikers at the time of unwanted road crashes and thus the professional bikers, along with various riding gears such as helmets, gloves, and knee and elbow guards have started emphasizing even on riding boots. Rising benefits about these protective gears are driving the growth of the market during the forecast period.

Sport and race boots to be the largest market during the forecast period

Based on the product, it is projected for sport and race boots to be the largest category of the product segment in the global riding boots market during the forecast period. The offering of innovative shoes by the manufacturers using composite materials, plastic, metal and leather are driving the growth of the product segment during the forecast period. Innovative products are been offered by the manufacturers to increase the growth in the market.

Online category to grow at the fastest CAGR in the market during the forecast period

Based on the distribution channel, the online category is estimated to grow at the fastest CAGR during the forecast period. Major online players in the market are focusing on boots as one of their major categories and this factor is propelling the growth of the market. Adopting of high-speed internet in developing countries like India, China and Indonesia is also the factor that is increasing the growth of the segment.

Europe to hold the largest share in the market during the forecast period

During the forecast period, it is estimated for Europe to account for the largest share in the riding boots market. The presence of some of the major bike manufacturers in the region is the reason for the growth of the market in Europe during the forecast period. Boot manufacturers in the region are innovating new products in the market to keep up their market share.

The following are the major objectives of the study:

  • To define, describe, and forecast the global riding boots market on the basis of product, application and region.
  • To provide detailed information regarding major factors influencing growth of the market (drivers, restraints, and opportunities).
  • To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contributions to the overall market.
  • To analyze the opportunities in the market for key stakeholders and provide details of the competitive landscape for leading market players.
  • To forecast the size of the market segments with respect to four main regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW).
  • To strategically profile the key market players and comprehensively analyze their market shares and core competencies.
  • To track and analyze competitive developments such as acquisitions, expansions, new product launches, agreements, and collaborations in the global riding boots market.

Critical Questions which the report answers:

  • What are the major vendor/manufacturers in the market? What is their growth potential during next decade?
  • What are the key revenue generating pockets for global riding boots market and their future potential during next decade?
  • How competitive landscape is evolving in global riding boots market?

Notable Riding Boots Market Development

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report title

Global Riding Boots Market Professional Survey Report 2019