Rain boots market is showing a steady growth at present owing to the rapid expansion of the footwear industry coupled with increasing focus on rain boots, which is likely to fuel the demand for the same during the forecast period. Increasing retail culture and e-commerce is set to propel the growth of the market. The influx of new and innovative designs coupled with increasing consumer awareness about trendy and fashionable rain boots are among the major factors fueling the growth of the market in North America and Asia Pacific. Diversification of product portfolio through research and development activities along with company mergers and acquisitions are certain key strategies being adopted by the major companies to strengthen their foothold in the global rain boots market.
Rain boots holds a fair market share in the global footwear market and is highly responsible for positive volume and value growth of the footwear market at the global level. Factors such as rising demand for comfortable rain boot and variation in design and color of the product is fueling the growth of this market globally. The, leading players are continuously involved in the product innovation through research and development activity they started manufacturing sophisticated and innovative products. Moreover, consumer’s changing lifestyles, preference, increasing demand of men and women’s versatile, comfort, and stylish products further boosting the market of rain boots globally.
An overall growth in the retail culture is generating the global rain boots market. Consumers are becoming more fashion conscious, thus generating huge demand for these products. Factors such as huge diversity easy availability of the products in many retail outlets are expected to encourage impulse buying of these products. Some of the famous brands as well as retailers are focused on this market, which has led to a significant growth in the number of retail outlets globally. In addition, internet retailing is also gaining prominence for the purchase of rain boots across different cities. The collection, variety, discount, and price range of products available with online retailers is diverse, leading to its increasing popularity. Considering all these factors, the impact of this driver is moderate currently and is likely to become high with the growth in retail activity during the forecast period from 2017 to 2025.
The global rain boots market is segmented by material type, by end use, by distribution channel and by region. On the basis of different type of material of rain boots market is segmented into natural rubber and synthetic rubber. In terms of end use the market of rain boots is segmented by men, women and kids. In terms of distribution channel the market of rain boots is segmented by online distribution channel and offline distribution channel.
Based on region the market of rain boots is segmented by North America, Europe, Asia Pacific, Middle East and Africa and Latin America. North America rain boots market is further segmented on the basis of country into U.S., Canada and Mexico. U.S. rain boots market held the largest market share in terms of value among the other countries in North America. Europe rain boots market includes U.K., Germany, Italy, France and Rest of Europe. Asia Pacific includes major countries such as India, China, Japan and Rest of Asia Pacific. Middle East and Africa rain boots market is further segmented by U.A.E., Saudi Arabia, South Africa and Rest of Middle East and Africa. Latin America includes Brazil, Argentina and Rest of Latin America.
The global rain boots market is marked by some intense competition from the major players operating in the rain boots industry. Some of the key participants in the global rain boots industry include Hunter Boot Limited, Aigle Footwear Company, Kamik, Bata Limited, Puma SE, Adidas AG, Nike Inc., New Balance Athletics Inc., Capelli New York, UGG Footwear Company
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.