In 2023, the global motorcycle boots market achieved a valuation of $2,189. 4 million, with a forecast to register a year-on-year expansion of 6. 1%. By 2024, the market is expected to reach $2,323. 9 million. Forecast by 2034, global motorcycle boot sales are expected to grow at a CAGR of 7. 0%, achieving a total market length of 4,642. 7 million US dollars.
The motorcycle boot market is driven by the growing popularity of motorcycling, whether as a recreational activity or as a competitive sport. As more and more people take up cycling, there is a growing demand for products that suit their needs. Increasing participation not only drives market expansion, but also offers opportunities for established and emerging companies to thrive.
The global motorcycle boots market is undergoing significant expansion due to the increasing popularity of motorcycle racing competitions across the globe. Due to their ability to absorb impacts, motorcycle boots are a necessity in any motorcyclist’s arsenal, which particularly increases their demand.
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Key factors:
REGIONAL PERSPECTIVES:
Two regional boot markets stand out from the rest.
Key takeaways
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Key players. Main Players:
COMPETITIVE LANDSCAPE:
The global motorcycle boots market is fragmented and competitive. 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 are among the key players in this market.
To be competitive, the players in the global motorcycle boots market continue to launch new products.
Icon 1000 recently introduced Varial Boot, a new line of motorcycle boots. Given their taste and protection, those boots are a smart buy in the mid-price range. Another new product on the market is Aether’s Moto Boot, which is said to be safer but a bit pricey.
Alpinestars S. p. A. introduced the Tech 10 series of riding equipment, riding boots, in July 2018. These riding shoes feature the latest Front Flexion Control Frame technology, a revamped foot shell, and a slimmer sole.
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Key Segments
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Author
Sneha Varghese (Principal Consultant, Consumer Goods & Products) has over six years of experience in the consulting and market research industry. He has worked on more than two hundred assignments in studies similar to retail.
His work is primarily focused on facilitating strategic decisions, making plans and managing cross-functional business operations, generating projects, and driving successful implementations. He has helped create in-depth and in-depth analysis of food and beverage market reports and studies that come with consumer, retailer, and manufacturer market research. He has also contributed to several newsletters in culinary magazines and journals.
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