About Motorcycle Footwear
Motorcycle boots are extremely important for motorcycle riders than what they realize. Motorcycle footwear is used for doing double-duty. These protect the feet and legs while riding and if an unlucky accident happens then too this footwear would prove out to be as a protective device. A good pair of boots is always a better option for keeping legs and feet intact and safe. The feet and ankle are much more fragile as they carry the whole weight of the body hence it is very essential to protect them. The motorcycle footwear is designed in such a manner that they would protect and enhance the safety of the feet with solid treads that restrains slipping of the feet from the pegs and tough materials. In addition to the safety, these motorcycle footwear provide these are also equally comfortable to walk around in it. If the footwear does not provide the required comfort then it would contribute towards distraction and fatigue while riding. This footwear unlike other footwear offer protection from the bike’s exhaust pipes, weather conditions, and road debris. These motorcycle footwear are designed according to the different purposes or specialized needs like motocross, racing or off-roading.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global motorcycle footwear market is highly competitive and consists of some key players. The fragmented nature of the market is due to the number of players present in the market. In terms of market share, few of the key players presently dominate the global market. The market leaders are now focusing on new product innovations and developments due to highly changing customer demands and preferences. Also with the increase in demand from the emerging economies are also driving the demand for the motorcycle footwear market. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Motorcycle Footwear market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Alpinestars (Italy), Baffin (Canada), Bates Footwear, Belstaff (Switzerland), Cortech Performance Motorcycle Gear & Helmet House Inc (Canada), Dainese (Italy), Daytona Boots (Germany), GIANNI FALCO S.R.L. (Italy), First Gear (United States), Fly Racing (United States), Forma Boots (United States), Fox Racing (United States), FXR RACING (United States), GAERNE S.P.A. (Italy), Highway 21 (United States), LeMans Corporation (ICON) (United States) and JOE ROCKET CANADA (Canada) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are SIDI Boots (Italy), Klim (Denmark), Motorfist (United States), O’Neal (United States) and One Industries (United States).
Segmentation Overview
AMA Research has segmented the market of Global Motorcycle Footwear market by Type (Harness Boots, Tall Biker Boots, Waterproof Boots and Short Boots), Application (Sports and Racing, Motorcycle Riding, Touring and Adventure and Others) and Region.
On the basis of geography, the market of Motorcycle Footwear has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channels, the sub-segment i.e. Online will boost the Motorcycle Footwear market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Genuine Leather will boost the Motorcycle Footwear market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Closure Type, the sub-segment i.e. Zip will boost the Motorcycle Footwear market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for Motorcycle Footwear for Bike Riding With the Increase in the Automotive Sector, Growing Needs of Effective and Easy Handling Footwear in Sports like Motorcycle Racing and Others, Growing Trend by Manufacturers for Developing Light Weight and Quality Footwear and Rising Technological Advancements in Wearables Associated With Footwear
Market Growth Drivers:
Growing Population and Rising Disposable Income has driven the Market for Motorcycle Footwear, A Rise in Urbanization and Changing Lifestyles has boosted the growth of the Motorcycle Footwear and Growing Trends and Rising Youth Interest in Motorcycle Racing
Challenges:
Availability of Cheap Alternative Shoes in the Market and The Fluctuation of Raw Material Prices for Making this Footwear
Restraints:
High Costs Associated with these Kinds of Footwear and Lack of Awareness among the Customers about the Motorcycle Footwear in Various under Developed Regions
Opportunities:
Rising Focus of Manufacturers on New Product Inventions and Constantly Investment in R&D Results in Improvement in Shoes Material and Promotional Strategies
Market Leaders and their expansionary development strategies
In October 2020, Italian motorcycle riding gear maker Dainese has acquired Italian motorcycle boot manufacturer TCX. Dainese also has its own range of motorcycle footwear. With the acquisition of TCX, Dainese, which is known for its high quality products, continues its growth path.
In September 2021, Motorcycle major royal enfeild has joined the TCX and laucnhed the new range of riding shoes. the new launch is clasic and timeless design,
Key Target Audience
Manufacturers of Motorcycle Footwear, Suppliers of Motorcycle Footwear, Traders and Distributors of Motorcycle Footwear, Potential Investors and Market Research Firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.