Driving Footwear Market to be Worth US$3,087.9 Mn by 2026 due to High Demand for Comfort Wear, Noted TMR

Driving Footwear Market to be Worth US$3,087.9 Mn by 2026 due to High Demand for Comfort Wear, Noted TMR

PR Newswire

ALBANY, New York, Feb. 28, 2019

ALBANY, New York, Feb. 28, 2019 /PRNewswire/ -- Transparency Market Research (TMR) witnesses that the global driving footwear market has a highly competitive vendor landscape owing to a large number of players operating globally. Puma SE, Alpinestars S.p.A, Adidas AG, Dainese S.p.A, and Fox Head Inc. are some of the key players in the global driving footwear market. The market witnesses the domination of the prominent companies, which has led to increase in competition level in the market.


According to TMR, the global driving footwear market is projected to collect revenue of US$3,087.9 Mn by the end of forecast period by expanding with a CAGR of 3.7% from 2018 to 2026.

Get PDF Brochure for Research Insights at: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=58473

Based on the material type, the leather segment is dominating the global driving footwear market and is expected to remain dominant by the end of the forecast period. Based on the distribution channel, e-commerce or online segment dominated the global driving footwear market. Based on region, Europe accounted for the largest share in the overall market in the 2017. This growth is attributable to the growing adoption of the safety measures while driving.

Booming Online Sales to Propel Market Growth

The driving footwear market is gaining traction due to flourishing market for the luxurious vehicles globally and especially in the developing countries. Additionally, booming footwear market is reflecting positively from past few years on the growth of the market and likely to remain dominant over the forecast period.

The factors such as growing urbanization and disposable income of mid-earning people is leading to increase desire for the luxurious cars globally are fuelling growth of the global driving footwear market. These factors are likely to remain major growth drivers for years to come.

Request a Sample of Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=58473 

The leading players in the market are increasingly offering improved and advanced featured products with great comfort. This factor is backing the demand for the driving footwear and boosting the market. Additionally, these players are also focusing on the offering diversified products, which are reflecting positively on the growth of the global driving footwear market.

Demand for Luxurious Wear to Propel Market Growth

Additionally, growing proliferation of the Internet is boosting e-commerce sites and online platforms globally and especially in developing countries as the connectivity is helping to connect the online sale channels to their consumer. Also, this is leading to make driving footwear largely available. This availability of the footwear products is encouraging adoption and boosting growth of the global driving footwear market. The demand for active wear and luxurious wear are growing substantially mainly from developed countries such as US and UK. The aforementioned factors are fuelling growth of the global driving footwear market.

Have Any Query? Ask Our Industry Expert: https://www.transparencymarketresearch.com/sample/sample.php?flag=ASK&rep_id=58473 

However, comparatively high cost of the driving footwear is restraining growth of the global driving footwear market. Nevertheless, growing acceptance toward driving footwear from people earning mid-level income in the developing countries is expected to offer lucrative opportunities for growth of the driving footwear market. 

This information is encompassed in the report by TMR, titled, "Driving Footwear Market (Product Type - Boots, Shoes; Material Type - Leather, Synthetic, Natural Fibers, Vehicle Type - Two Wheelers, Four Wheelers; Consumer Group - Men, Women; Distribution Channel - Online, Offline) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026."

Request For Discount On This Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=58473 

For the study, the Driving Footwear Market has been segmented as follows:

Product Type

Material Type

Vehicle Type

Consumer Group

Distribution Channel


Browse More Consumer Goods Market Research Reports

Popular Research Reports by TMR:

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.


Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States

Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

Research Blog: https://tmrblog.com/

Voltar noticias em Inglês