Feb 09, 2022/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Riding Boots Market.
It was estimated prior to this unanticipated outbreak that the Riding Boots Market is likely to witness a healthy CAGR of 5.8% during the forecast period. The growing demand for riding boots is mainly due to increasing professional motorcycle riders and increasing safety concerns.
Riding boots are the boots manufactured for use on bikes or while horse riding. The classic boot has high enough length to cover the leg to prevent the leathers of the saddle from pinching the leg of the rider. It has a sturdy toe to safeguard the rider's foot upon reaching the ground and has a distinct heel to prevent the foot from sliding through the stirrup.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Based on the product type, the market is segmented as sport & race boots, cruising & touring boots, and adventure & dual sport boots. The sport & race boots segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. Riding boots are majorly made of composites material, plastic, leather, and metal. The composites material offers huge benefits such as lightweight, comfort, and safety, and these benefits are highly preferred by sports personnel.
Based on the distribution channel type, the riding boots market is segmented as offline and online. The offline segment leads the market and the online channel segment is estimated to be fastest growing in the coming years, owing to increase in preference of protective gears in various developing countries.
In terms of regions, Europe is estimated to be the largest and Asia-Pacific to be the fastest-growing riding boots market during the forecast period, with Germany, France, and the UK being the major countries and the presence of large number of sports bike manufacturers such as Aprilia, Benelli, Cagiva and Ducati.
Key Players:
Key players operating in the global Riding Boots market are-
- Alpinestars S.p.A
- Dainese S.p.A
- FLY Racing
- FOX
- Gaerne USA
- Harley-Davidson, Inc.
- LeMans Corporation. (ThorMX)
- Royal Enfield
- Sullivan's Inc.
- TCX S.r.l.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Riding Boots analysis report discusses the following heads in great detail:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- COVID-19 Impact Assessment
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
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