Boots Market Growth Opportunity 2030: Increasing Preference For Adventure Sports Motorbike Riding

The global boots market size is expected to reach USD 99.22 Billion in 2030 and register a steady revenue CAGR of 4.7% over the forecast period, according to the latest report by Reports and Data. Rising disposable income, increasing preference of millennials for participating in sports, trekking, traveling, and racing, and benefits of wearing boots are major factors driving market revenue growth.

Boots have various applications in different industries including sports, travel, construction, and other significant industries. Benefits of boots for supporting feet and preventing from leg injuries are rising demand for boots for different purposes. Different improved utilities, modern styles, and designs have encouraged men, women, and kids to wear boots in snow, heat, and watery pavements. However, increasing awareness of not using animal-based materials is negatively affecting demand for leather-based boots. Manufacturers are trying to develop boots with vegan materials for attracting and expanding the existing customer base globally.

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Top 10 Profiled in the Global Boots Market Report: W.L. Gore & Associates GmbH, Vibram Corporation, Alpinestars, Lemans Corporation, Golden Fox Shoe Co., FLY Racing, Gaerne USA, Dainese S.p.A., Red Wing Brands of America, Inc., and White’s Boots, Inc.

Some Key Highlights From the Report

• On 7 December 2021, Cariuma announced to launch winter boots made of vegan suede. This product is available in two styles, such as Caturi and OCA Therma, with a temperature resistance below 0°C. Caturi is a kind of sneaker designed for winters and OCA Therma is designed for hiking with features, such as speed hooks, two-toned laces, and D-rings, which is expected to drive revenue growth of the market globally.
• The sport & race boots segment accounted for largest revenue share in 2021. Increasing interest of people in participating in adventure sports and riding motorbikes on various pavements are rising demand for sport and race boots and driving market revenue growth. These are specifically designed with durable materials for supporting feet in different situations, which are also expected to drive revenue growth of this segment.
• The leather segment accounted for largest revenue share in 2021. Shoes and boots are commonly made with different types of leather, which makes the final product durable, attractive, and comfortable for consumers. Waxed leather is used for making boot resistant to liquid. Leather boots act as a barrier against moisture evaporation owing to their properties such as heat-insulating, breathable, tearproof, stretchy, and abrasion-resistant, which is expected to drive revenue growth of this segment.
• The online segment is expected to register a steadily fast revenue growth during the forecast period. The is due to expansion in the e-commerce industry and restrictions during covid-19, which have shifted consumer preference for purchasing products from offline stores to online platforms. Also, attractive deals, coupons, and offers are attracting consumers more for purchasing products from online selling platforms. New platforms, such as Alibaba and Amazon, are encouraging individuals to purchase things hassle-free.

Product Type Outlook (Revenue, USD Billion; Volume, Thousand Units; 2019 – 2030)

• Sport & Race Boots
• Cruising & Touring Boots
• Adventure & Dual Sport Boots
• Others

Material Outlook (Revenue, USD Billion; Volume, Thousand Units; 2019 – 2030)

• Leather
• Gore-Tex
• Vibram
• Thinsulate
• Cordura
• Cambrelle
• Others

Distribution Channel Outlook (Revenue, USD Billion; Volume, Thousand Units; 2019 – 2030)

• Online

• Offline

Key Regional Markets Covered in the Report:

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Russia
  • U.K.
  • Germany
  • France
  • BENELUX
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Rest of Latin America
• Middle East & Africa
  • Saudi Arabia
  • U.A.E.
  • Israel
  • Rest of Middle East & Africa

Key Takeaways of the Global Boots Market Report:

• A comprehensive overview of the global Boots industry.
• Accurate market projections in terms of market size, share, and volume.
• Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
• Deep-dive analysis of the upcoming market trends.
• Qualitative and quantitative analyses of the global Boots market.
• Elaborate study of the leading regional markets in the global Boots market.
• Complete overview of the market’s competitive landscape.
• Brief look at the company profiles and portfolios.

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