DUBLIN, April 30, 2021 /PRNewswire/ — The «Riding Boots – Global Market Trajectory & Analytics» report has been added to ResearchAndMarkets.com’s offering.
Amid the COVID-19 crisis, the global market for Riding Boots estimated at US$1.6 Billion in the year 2020, is projected to reach a revised size of US$2.2 Billion by 2027, growing at a CAGR of 4.7% over the analysis period 2020-2027. Sport & Race Boots, one of the segments analyzed in the report, is projected to record a 4.6% CAGR and reach US$1.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cruising & Touring Boots segment is readjusted to a revised 5.3% CAGR for the next 7-year period.
The Riding Boots market in the U.S. is estimated at US$463.4 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$383.3 Million by the year 2027 trailing a CAGR of 4.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 3.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.
In the global Adventure & Dual Sport Boots segment, USA, Canada, Japan, China and Europe will drive the 4.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$179.6 Million in the year 2020 will reach a projected size of US$238.5 Million by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$248.8 Million by the year 2027.
Select Competitors (Total 55 Featured):
- Alpinestars S.p.A
- Dainese S.p.A
- Dan Post
- FLY Racing
- GAERNE USA
- Irish Setter
- Justin Boots
- LeMans Corporation
- Old Gringo
- TCX S.r.l.
- Tony Lama
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/7dv0la
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SOURCE Research and Markets