Press release
Driving Footwear Market Projected to Reach USD 3087.89 million by 2026 | Top Key Players - DAINESE S.p.A., Scott Sports SA, LeMans Corporation, Sparco, Piloti Shoes, Fox Racing
Global Driving Footwear Market research report has been generated with the systematic gathering and evaluation of market information for FMCG industry which is presented in a form that explains various facts and figures to the business.The Global Driving Footwear Market report is fragmented in several features which include manufacturers, region, type, application, market status, market share, growth rate, future trends, market drivers, opportunities, challenges, emerging trends, risks, entry barriers, sales channels, and distributors which are again elaborated in the report as required to define the topic and give maximum information for better decision making.Global Driving Footwear Market is expected to rise from its initial estimated value of USD 2289.54 million in 2018 to an estimated value of USD 3087.89 million by 2026, registering a CAGR of 3.81% in the forecast period of 2019-2026.
Increasing demand for luxurious car is the major factor for the growth of this market.
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Key Strategies of leading players
• Enhance productivity and optimizing back end manufacturing processes
• Product enhancement through integrating new strategies involving big data, advanced analytics into traditional manufacturing processes
• Growing businesses through serving into new application areas and identifying pockets of growth in emerging markets
• Focusing on cost effective production of devices with stability and robustness
• Strategies for Product differentiation and adjusting to the life cycle changes
• Strengthening collaboration with suppliers and distributors
• More focused strategies are found in the report
Key Players: Global Driving Footwear Market
PUMA Group, Adidas, Alpinestars, DAINESE S.p.A., Scott Sports SA, LeMans Corporation, Sparco, Piloti Shoes, Fox Racing, Scott Sports SA (USA), SCOTT Sports SA (UK Branch) and Others
Segmentation: Global Driving Footwear Market
By Product Type
• Boots
• Shoes
• Sneakers
• Training Shoes
By Materials
• Leather
• Synthetic
• Natural Fibers
By Vehicle Type
• Two Wheelers
• Four Wheelers
By Consumer Group
• Men
• Women
By Distribution Channel
• Online
• Offline
By Geography
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
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Market Drivers: Global Driving Footwear Market
• Increasing demand for luxury car worldwide is driving the market.
• Easy availability of the driving footwear
Market Restraints: Global Driving Footwear Market
• Trade barrier imposed on some countries is restraining the market.
• High cost of driving footwear
Recent Industry Developments:
• In October 2018, Ferrari and Berluti announced the launch of their new gentleman driver shoe- Monza SP1 and SP2 models. These are the lightest shoes with special grip. The collection has three key models, which are Slip-On available in graphite black, brown and Berlinetta red; a Richelieu in Venezia leather, and a timeless Chelsea boot. These models have same industrial looking rubber soles with carbon- fiber similar to the interiors which are used in the actual Ferrari engines.
• In February 2019, Ferrari and Puma announced the launch of their PUMA RS- X ‘Rosso Corsa’ with bulky design and the mix of different material.
Competitive Analysis: Global Driving Footwear Market
Global driving footwear market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of driving footwear market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
TABLE OF CONTENTS: Global Driving Footwear Market
• Executive Summary
• Scope/opportunities of the Report
• Research Methodology
• Market Landscape
• Pipeline Analysis
• Market Sizing
• Porter’s Five Forces Analysis
• Market Segmentation
• Customer Landscape
• Regional Landscape
• Business Decision Framework
• Drivers And Challenges
• Market Key Trends
• Players Landscape
• Players Analysis
• Appendix
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Email: sopan.gedam@databridgemarketresearch.com
About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process.
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