PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1269716
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1269716
Global Riding Boots Market is valued at approximately USD 1.72 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.00% over the forecast period 2022-2029. Riding boots are a type of footwear designed specifically for horseback riding. They are typically made of leather and have a tall shaft that covers the lower leg and provides support and protection while riding. The shaft of the boot is usually stiff to help keep the rider's leg in the proper position and prevent the foot from slipping through the stirrup. In addition, growing global worries about auto accident injuries are anticipated to increase demand for riding boots in the years to come.
For governments and authorities, one of the biggest obstacles is the rising number of traffic accidents. Demand for products is anticipated to increase as effective and long-lasting safety solutions are introduced to prevent such mishaps. In 2016, 1.35 million people died in different motorcycle and traffic accidents, according to the World Health Organization (WHO)'s Global Status Report on Road Safety 2018. Over the course of the forecast period, increasing consumer knowledge of rider safety is anticipated to fuel product demand in the market for riding boots. Moreover, rising initiatives by the key market players and growing government support is creating lucrative growth opportunity for the market over the forecast period. However, the high cost of Riding Boots stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Riding Boots Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe is the dominating as well as fastest growing region over the forecast period 2022-2029 owing to the rising presence of sports bike manufacturers some examples are Benelli, Ducati, Cagiva and Aprilia. Major motorcycle shoe producers are launching new goods to expand their customer base. Exclusive Active Lock closure technology is used exclusively in the making of these equestrian boots. The calf can move without restriction while pedalling the bike thanks to this technology. Over the forecast period, it is anticipated that these product launches will accelerate market development.
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