Press release
Europe driving footwear Comprehensive Study and Trends 2019-2026 | 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)
The main objective of the report is to gain insightful analysis of the Europe driving footwear market and have comprehensive understanding of the global market and its commercial landscape. This report assesses the production process, major issues and solutions to mitigate the development risk. The main perspective of the report is to understand the most affecting driving and restraining forces in the Europe driving footwear market and its impact in the European market. It commits different factors affecting industry such as market environment, various policies of the government, past data and market trends, technological advancements, upcoming innovations, market risk factors, market restraints, and challenges in the industry.This Europe driving footwear report provides an overview of Europe driving footwear market, containing global revenue, global production, sales, and CAGR. The forecast and analysis of market by type, application, and region are also presented in this chapter. It also provides a full scale analysis of the major players in the FMCG industry. The basic information as well as profiles, applications and specifications of the products market performance along with Business overview are mentioned in the report.
Europe driving footwear market is expected to grow with a CAGR of XX.XX % in the forecast period of 2019 to 2026.
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Driving footwear can be defined as a type of shoes which are being constructed using rubber at the back of them. Generally these are a type of moccasin which has the rubber grip on the sole which enables more traction as well as more flexibility. These shoes are generally designed to keep the movement smooth and easy within the pedals of the car. These footwears are also generally referred as drivers or driving loafers. These foot wear are generally slip on in structure i.e. they do not have laces and are easy to wear. Driving footwear can be used with or without socks which gives the same level of comfort and flexibility. Generally there are two version of driving shoes i.e. smooth supple leather and velvet looking suede. Generally these shoes are being made up of leather, suede, nubuck, and exotic skins. These are available in large number of colors and Driving shoes basically are not for walking purpose i.e. they are basically invented for the use from car to carpet.
Key Players of Europe 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. In January 2019, the company has launched “PLATFORM A” a sports accelerator program at station f in Paris. It is the world’s largest startup campus. The company has invested nearly 1 million euros in this program. This will help the company to boost the global sales and the digital presence of the company.
In January 2019, Adidas has planned to produce the shoes using recycled plastic waste. In year 2018, the company has produced more than 5 million units from the plastic waste and is now focused towards doubling the figure in the coming year 2019. This will help the company to focus more on sustainable development, reduce the cost of the units and the raw material. In February 2018, PUMA SE has decided to distribute the dividend to the shareholder on the rate of 12.50 Euros per share for the year 2017. Dividend distribution helps the company to attract more shareholders and more investment in coming future. This helps the company to retain a strong and loyal share holder which could help the company in the future for the long term growth.
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Key Segmentation of Europe Driving Footwear Market
Europe driving footwear market is segmented into seven notable segments which are material type, vehicle type, product type, sole type, price range, end-user and distribution channel.
On the basis of material type, the market is segmented into leather, natural fibers and others.
On the basis of vehicle type, the market is segmented into two-wheeler and four-wheeler
On the basis of product type, the market is segmented into boot, shoes and others.
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 price range, the market is segmented into economic, mid-range, premium.
On the basis of end-user, the market is segmented into men and women.
On the basis of distribution channel, the market is segmented into online and offline.
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