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| motorcycle boot market |
The global motorcycle boot market is estimated to be valued at US$ 612.42 Mn in 2023 and is expected to exhibit a CAGR of 3.8% over the forecast period 2023 - 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Motorcycle boots are specifically designed footwear to provide protection and
safety to riders during motorcycle riding. They are made up of strong, durable
and abrasion resistant materials like leather and synthetic fabrics to
withstand impacts in case of accidents. Features like reinforced toe caps,
ankle protection and sturdy soles add to the safety quotient of motorcycle
boots.
Market key trends:
One of the key trends in the motorcycle boot market is the increasing usage of
advanced materials for enhanced safety and comfort. Manufacturers are focusing
on developing boots with lightweight yet resilient materials like carbon fiber
and kevlar fiber-reinforced polymers. Such materials provide high impact
resistance while keeping the boots lightweight for long riding sessions. They
are also incorporating features like waterproof and breathable leather, inner
padding customized arch support and reflective accents for improved visibility.
Here is the Segment Analysis and Key Takeaways for the given Motorcycle Boot
Market:
Segment Analysis
The global motorcycle boot market is segmented by product type, distribution
channel, and region. Based on product type, the market is segmented into short
motorcycle boots, racing motorcycle boots, and touring motorcycle boots. Among
these, the racing motorcycle boots segment dominates the market and accounted
for around 35% of the total market share in 2023. Racing motorcycle boots
provide more protection and safety compared to other types of boots, which has
increased their popularity especially among racing enthusiasts and professional
racers.
Key Takeaways
The global Motorcycle
Boot Market Growth is expected
to witness high growth, exhibiting CAGR
of 3.8% over the forecast period, due to increasing safety concerns among
riders.
The Asia Pacific region dominated the global motorcycle boot market in 2023 and
accounted for around 40% of the total market share. Countries like India,
China, Japan, and Indonesia have large two-wheeler vehicle markets, which
drives the demand for motorcycle boots in the region.
North America is expected to be the fastest growing region, growing at a CAGR
of 4.2% during the forecast period. Growing motorcycle touring activities in
countries like the US and Canada augment the demand for protective and
comfortable motorcycle boots in the region.
Key players operating in the motorcycle boot market include Alpinestars S.p.A,
LeMans Corporation, Dainese S.p.A, FOX, FLY Racing, GAERNE USA, TCX S.r.l., FLY
Racing, Dr. Scholl's Shoes, and Kenneth Cole New York. Among these,
Alpinestars, Dainese, and FOX dominate the market with their extensive product
portfolio and strong distribution networks globally.
For more
insights, Read- https://www.ukwebwire.com/motorcycle-boot-market-trends-size-and-share-analysis/
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