In 2023, the global motorcycle boots market reached a valuation of US$ 2,189.4 million, with demand recording a year-on-year growth of 6.1%. By 2024, the market is expected to reach US$ 2,323.9 million. Projected for 2034, global motorcycle boot sales are anticipated to exhibit a 7.0% CAGR, reaching a total market size of US$ 4,642.7 million.
The motorcycle boots market is propelled by the increasing popularity of motorcycling, both as a recreational activity and a competitive sport. With more individuals taking up riding, there’s a rising demand for products tailored to meet their requirements. This surge in participation not only drives market growth but also presents opportunities for both established companies and emerging businesses to thrive.
The global market for motorcycle boots is expanding significantly as a result of the increasing popularity of motorcycle racing competitions across the globe. Due to their ability to absorb shock, motorcycle boots have become a necessity in every biker’s arsenal, greatly increasing their demand.
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Key Factors:
- Safety and Protection Features: Customers prioritize safety and protection when selecting motorcycle equipment. This includes features such as impact-resistant fabrics, anti-slip soles, and reinforced protection for the shins and ankles.
- Technology Integration: Many motorcycle boots now come with built-in Bluetooth capabilities for hands-free calling, GPS tracking, and incorporation of smart materials for enhanced safety and comfort.
- Versatility and Multi-purpose Usage: There is a growing demand for motorcycle boots that seamlessly transition from riding to everyday wear. Manufacturers are developing boots that resemble and feel like casual shoes but also provide the necessary protection for motorcycle riding.
REGIONAL OUTLOOK:
Two regional markets for motorcycle boots stand out above the rest.
- The first is Europe, which has a significant market share due to government regulations and the growing focus of key market participants in this region on product innovation to increase their customer base.
- The second and most promising region is North America. North America has remained at the top due to its large pool of motorcycle riders and the popularity of bike racing events. Even in the near future, the scenario does not appear to change significantly. The American Motorcyclist Association hosts a number of motorcycle events that are extremely popular among Americans, particularly young adults.
Key Takeaways
- Due to the ease of shopping and convenience provided by online stores, the online distribution channel is expected to grow at the fastest CAGR of 7.2%.
- Sport and race boots were the largest product segment, accounting for more than 60% of the market, and are expected to maintain their dominance.
- Europe has the largest global motorcycle boot market, accounting for 21.9% of the total.
- North America is the second largest global motorcycle boot market, accounting for 12.3% of the global market.
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Key Players:
- Alpinestars USA Inc.
- Calzaturificio Antis S.r.l.
- Dainese S.p.A
- FLY Racing
- Fox Head, Inc.
- FREY daytona
- Held GmbH
- Helmet House
- Highway 21
- Indian Motorcycle
- LeMans Corporation
- Milwaukee Motorcycle Clothing Co
- O’NEAL USA
- Oxford Products Ltd.
- REV’IT! Sport International B.V.
- Richa NV
COMPETITIVE LANDSCAPE:
The global motorcycle boot market is relatively 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 stay competitive, players in the global motorcycle boot market continue to launch new products.
Icon 1000 recently debuted Varial Boot, a new line of motorcycle boots. Given their style and protection, these boots are considered a good 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 little pricey.
Alpinestars S.p.A. launched the Tech 10 series of riding gear, including riding boots, in July 2018. These riding shoes feature the most recent Front Flexion Control Frame technology, a resigned foot shell, and a slimmer outsole.
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Key Segments
By Product Types:
- Racing Boot
- Street Boot
- Motocross Boot
- Harness Boot
- Others
By Raw Material:
- Leather
- Metal
- Composite material
- Other
By Distribution Channel:
- Online
- Offline
By Gender:
- Men
- Women
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
About Future Market Insights (FMI)
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