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. This Driving Footwear Studyreport provides exact information about market trends, industrial changes, and consumer behavior etc. The market data presented in the report helps to recognize different market opportunities present internationally. Analytical study of Driving Footwear market report aids in formulating growth strategies to augment sales and build brand image in the market. With the watchful use of established and advanced tools such as SWOT analysis and Porter’s Five Forces Analysis, this Driving Footwear market report has been structured.
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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