A new market study, titled “Discover Global Motorcycle Boot Market Upcoming Trends, Growth Drivers and Challenges” has been featured on WiseGuyReports.
Motorcycle boot is a type of protective gear used by motorcycle riders. The outside of the boot is similar to a regular boot but with lower heels which allows for better control of the motorcycle. The report provides recent industry data and future predictions in the market of motorcycle boots. Insights about revenue growth and profitability are also covered in the report.
The report provides a list of competitors and also provides insights into the strategies followed by brands and companies. Forecasts, market size, analysis, market share of manufactures and the future potential in the industry are also the points on which the report emphasizes. The profiles of leading manufacturers involved in the industry are also included in the report along with their annual revenues.
Key Players of Global Motorcycle Boot Market =>
- Bates Footwear
- Durango Boot
- Forma Boots
- Dr Martens
The Global motorcycle boot market is analyzed on the basis of segments. There are three major segments which are further divided into smaller sub-segments.
1. Application analysis
2. Regional analysis
• Southeast Asia
With the ever-increasing traffic in developing countries such as India and China, the demand for two-wheelers is on the rise. This demand in two-wheelers is also the reason for the motorcycle boot market to grow. With increased safety awareness among riders and stricter norms applied by the governments of various nations, the demand for motorcycle boots is also poised to rise. Regions such as North America and Europe are already brimming with the variety of boots on offer, and the same trend is also being observed in developing nations as well. These factors will continue to drive demand in the future.
On September 1, 2019, the government of India amended the fines of the Motor vehicle act. If any rider is found riding a 2 wheeler without boots, a hefty fine will be applied on the offender. These moves are crucial from a safety perspective and are being adopted by more and more nations worldwide. Attributing to these actions, the Global motorcycle boot market is expected to grow tremendously over the forecast years.
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