Boot Markets in Asia Highlights Significant Growth Rates in Major Product Segments, Forecasted to 2021

Today, boots are ‘must have’ fashion item in the wardrobes of women which can be worn both, in winter and in summer. In recent years, the market of boot has experienced rapid growth as boots is increasingly becoming a fashion accessory. A new study, titled “Boot Markets in Asia to 2021 - Market Size, Development and Forecasts” has been recently published to the online repository of Market Research Hub (MRH), which presents a wide-ranging assessment of the market and contains considerate insights, facts, historical data and industry-validated market data. This 418 pages research report includes historic data from 2010 to 2015 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants and people looking for key industry data.

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Initially, the report starts by defining the overall market scenario, along with its major product type that is currently booming in this market. The report then shifts focus towards the present size of the boot markets in the world and future outlook for boots in different Asian countries which includes Bangladesh, China, India, Indonesia, Iran, Israel, Japan, Jordan, Kazakhstan, Kyrgyzstan, Lebanon, Malaysia, Mongolia, Nepal, Oman, Pakistan, Philippines, Qatar, Singapore, South Korea, Sri Lanka and Thailand. As per the report, the rapid pace of urbanization in developing countries is one of the major factors which are driving the growth of boots market.

Boots typically means a type of footwear that covers foot and ankle. Some boots also cover the lower calf and many of them are also of knee length. The market data is given for the following product segments, which includes Boots of plastics or rubber and Boots of leather. Of these, leather-soled shoes are in demand because they are less versatile, more expensive and becoming more of a premium, niche item.

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For each product segment, the study highlights market size, growth rate and market shares during the period 2010 to 2021. Additionally, based on distribution channel, the boot market has been classified into online channels, shoe stores, supermarkets and hypermarkets, independent retail stores, textile retailers and departmental stores. Some of the latest trends in the market are the manufacturing of eco-friendly, waterproof and comfortable fitting boots.

Moreover, the study examines the major underlying trends of recent years and how they are expected to evolve in the coming years. Aspects such as great variety in the footwear market and easy availability of products in many retail outlets are anticipated to encourage impulse buying of these products.

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This release was published on openPR.