Driving Footwear Market Trends, and Forecast 2018 - 2026

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Driving Footwear Market to Expand with Signi몭cant CAGR during 2026 Date: March 4, 2022 Author: Tech News

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According to a new market report published by Transparency Market Research titled ‘Driving Footwear Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026, the global driving footwear market is expected to reach US$ 3,087.9 Mn by 2026, expanding at a CAGR of 3.7% from 2018 to 2026. In terms of volume, the market is expected to reach 19,259.9 ‘000 units by 2026, expanding at a CAGR of 3.5% from 2018 to 2026. Based on region, Europe held the highest market share in the global driving footwear market in 2017.The market is segmented by regions into North America, Europe, Asia Paci c, Middle East & Africa (MEA), and South America. The driving footwear market in North America holds the second largest share in the global driving footwear market and is expected to grow moderately over the forecast period. Driving boots hold the highest market share in North America among different types of driving footwear. Driving sneakers are

seeing increasing demand and their growth is expected during the forecast

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period. The online driving footwear market is expected to grow faster than the of ine driving footwear market. In 2018, the population in North America reached 494.4 million, of which about 40.0% is aged between 25-54 years. These are the major purchasers of online driving footwear. In 2018, internet penetration in North America reached 90.0% of the population. The U.S. holds the lion’s share in the North America driving footwear market, with a share of more than 80.0% expected by the end of the forecast period. As per Footwear Distributors and Retailers of America (FDRA), footwear is one of the most purchased items in the U.S. Per capita footwear consumption in the U.S. is seven pairs of shoes. The U.S. is one of the largest importers of footwear in the world. Almost all the footwear used in the U.S. is imported. As per current data from FDRA, 2.39 billion footwear pairs sold in the U.S. are imported and only 25 million footwear pairs are U.S. made. Request A Sample – https://www.transparencymarketresearch.com/sample/sample.php? ag=S&rep_id=58473 The driving footwear market in Europe is the largest in the world and is expected to grow moderately over the forecast period. Driving boots hold the highest market share in Europe among different types of driving footwear and is expected to hold a market share close to 60.0% by the end of the forecast period. Driving sneakers which are widely popular in Europe are expected to see increased demand during the forecast period. The U.K., Germany, Italy, France, and Spain are major markets in the Europe driving footwear market, with a share close to 75.0% expected by the end of the forecast period. Europe is the largest footwear importer in the world. The Asia Paci c driving footwear market is the third largest market in the world and is expected to grow the second fastest over the forecast period. Driving boots are expected to hold the highest market share of 54.0% by the end of the forecast period. Driving sneakers are expected to witness increased

demand during the forecast period. China, Japan, and India are major markets in the Asia Paci c driving footwear market, with a share close to 70.0% projected by the end of the forecast period. Asia Paci c is the largest consumer and manufacturer of footwear. With rising demand for footwear across Asia Paci c, driving footwear is expected to see enhanced demand. The South America driving footwear market is the fourth largest market in the world and is expected to grow the fastest over the forecast period. Brazil continues to hold more than 60.0% share of the driving footwear market in the region and the share is expected to reach close to 65.0% by the end of the forecast period. Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php? ag=B&rep_id=58473 The MEA driving footwear market is the smallest market in the world. Driving footwear is expected to hold a market share close to 53.0% by the end of the forecast period. GCC and South Africa are major markets in the MEA region. The study provides a conclusive view of the global driving footwear market by segmenting it in terms of product type, material type, vehicle type, consumer group, and distribution channel. In terms of product type, the driving footwear market has been classi ed into boots, shoes, and others. The others driving footwear category include sneakers, training shoes, etc. Based on material type, the market has been segmented into leather, synthetic, and natural bers. In terms of vehicle type, the market is segmented into two wheelers and four wheelers. Based on consumer group, the market is classi ed into men and women. Based on distribution channel, the market has been segmented into online and of ine. The report highlights major companies operating in the global driving

footwear market including Puma SE, Adidas AG, Alpinestars S.p.A, Dainese S.p.A, Fox Head Inc., SCOTT Sports SA, Lemans Corporation, Gianni Falco Srl, Sparco S.p.A, and Piloti Inc. Get COVID-19 Analysis @ https://www.transparencymarketresearch.com/sample/sample.php? ag=covid19&rep_id=58473 The global driving footwear market is segmented as below: Global Driving Footwear Market, by Product Type Boots Shoes Others Global Driving Footwear Market, by Material Type Leather Synthetic Natural Fibers Global Driving Footwear Market, by Vehicle Type Two Wheelers Four Wheelers Global Driving Footwear Market, by Consumer Group Men Women

Global Driving Footwear Market, by Distribution Channel Online Of ine Enquiry Before Buying: https://www.transparencymarketresearch.com/sample/sample.php? ag=EB&rep_id=58473 About Us Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information. Now avail exible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the uni ed market intelligence engine. Sign Up for a 7 day free trial! Contact Rohit Bhisey Transparency Market Research USA – Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Blog: https://tmrblog.com/

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Driving Footwear Market Trends, and Forecast 2018 - 2026

Published on Mar 4, 2022

Abhinav Singh

Across the globe, there is an increasing demand for sports bikes. In Asia Pacific, demand for sports bikes or super bikes is increasing in China and India. In India, major luxury motorcycle brands such as Ducati, Kawasaki, Triumph, and Harley-Davidson are increasing their sales. According to Society for Indian Automobile Manufacturers (SIAM), the overall sales of two-wheelers reached17.8 million units in 2012 -13 which increased at a CAGR of 5.8% to reach 25.0 million units in 2017-18.According to Motorcycle Industry Association (MCIA), the U.K., the number of sport/ tour motorcycle sales in the U.K. was 2,877 in November 2017 YTD, which increased by 7.4% to reach 3,091 in November 2018 YTD. T