Growing Urbanization and Increasing Disposable Income of mid-earning people are driving the Global Driving Footwear Market in the forecast period of 2019 to 2026

Global driving footwear market is expected to grow at a steady CAGR of 3.90% in the forecast period of 2019 to 2026. The years considered for study are as mentioned below.

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Drivers: Global Driving Footwear Market 

  • Growing urbanization
  • Increasing disposable income of mid-earning people

Restraint

Quick change in consumer behaviour specifically regarding fashion

Opportunity

Rising demand for the luxury cars

Challenge

High prices of the driving shoes

Market Trends

  • On the basis of material type, the market is segmented into leather, natural fibers and others. The leather segment is is projected to hold the largest share of the global driving footwear market.
  • On the basis of product type, the market is segmented into boot, shoes and others.
  • On the basis of price range, the market is segmented into economic, mid-range, premium.
  • On the basis of distribution channel, the market is segmented into online and offline.
  • On the basis of vehicle type, the market is segmented into two-wheeler and four-wheeler
  • On the basis of sole type, the market is segmented into anti-slip flexible sole, PVC sole, rubber sole and others.
  • On the basis of end-user, the market is segmented into men and women.

Major Players: Global Driving Footwear Market 

Some of the prominent participants operating in this market are PUMA SE, adidas AG, Alpinestars S.p.A, Dainese S.p.A, FOX, SCOTT Sports SA., GIANNI FALCO S.R.L., SPARCO S.P.A., Piloti Inc., Guccio Gucci S.p.A., Tommy Hilfiger, Nike, Inc., ZARA, RUOSH, C&J Clark International, Hush Puppies, Steve Madden, LVMH and among others.