PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1236095
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1236095
Global Boot Market is valued at approximately USD 30.43 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.80% over the forecast period 2022-2029. Factors including expanding fashion consciousness, accelerated industrialization, and an increa se in hikers and mountaineers are driving up product demand. Increased product sales as a result of a shift in customer preference toward attractive designs are driving growth in the boots market.
Rising initiatives by the key market players are creating lucrative growth opportunities for the market. For instance, Dr. Martens and A-COLD-WALL teamed up in February 2022. The Rikard 8-eye boot and the 3-eye shoe, two of Dr. Martens' most iconic boots, will be included in the collection. The fluorescent side panels and A-COLD-WALL logo on the shoes will be a special feature. The businesses have previously worked together. However, the high cost of Boots stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Boot Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the industry globally and held the largest share. North America is the largest regional market and is anticipated to maintain its dominance during the projection period as a result of the strong product demand in nations like the United States and Canada. Additionally, the presence of top producers like Timberland, Red Wing Shoes, UGG, and Wolverine boosts product sales, supporting the expansion of the local boot market. Asia Pacific is anticipated to have the greatest CAGR. During the forecast period, a strong CAGR is anticipated for the Indian boot market. The demand for boots will rise as the middle-class disposable income levels in the developing nations of APAC rise. Additionally, the need for work and safety boots will increase due to rising industrialization and worker safety regulations.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable