The Global Motorcycle Footwear Market size is expected to reach $3.6 billion by 2031, rising at a market growth of 6.3% CAGR during the forecast period. In the year 2023, the market attained a volume of 7,414.6 thousand units, experiencing a growth of 25.8% (2020-2023).
The Europe region's extensive network of roads, diverse landscapes, and favorable riding conditions contribute to a large and active motorcycling community. Thus, the Europe region acquired 34.5% revenue share in the market 2023. With more people owning motorcycles in Europe, the overall market size for motorcycle footwear has expanded. This increase in motorcycle ownership creates a larger customer base for its manufacturers and retailers, driving sales volume and revenue within the market.
Motorcycle riders are highly vulnerable to injuries in accidents due to the lack of protective barriers around them. Motorcycle footwear protects riders' feet and ankles from impacts, abrasions, and burns in case of crashes or falls. As safety concerns become more prominent among riders, there's a growing demand for footwear that offers enhanced protection.
Additionally, as economies grow and urbanization increases, more people enter the middle class and seek affordable transportation options, thus driving up motorcycle ownership. Thus, the rising motorcycle ownership globally is propelling the market's growth.
However, Motorcycle footwear often has a higher price tag than regular footwear due to the specialized materials, construction techniques, and safety features required for motorcycle riding. For budget-conscious consumers, the cost of motorcycle boots may be prohibitive, leading them to opt for cheaper alternatives or forego purchasing motorcycle-specific footwear altogether. In conclusion, the high cost of motorcycle footwear is hampering the market's growth.
The Europe region's extensive network of roads, diverse landscapes, and favorable riding conditions contribute to a large and active motorcycling community. Thus, the Europe region acquired 34.5% revenue share in the market 2023. With more people owning motorcycles in Europe, the overall market size for motorcycle footwear has expanded. This increase in motorcycle ownership creates a larger customer base for its manufacturers and retailers, driving sales volume and revenue within the market.
Motorcycle riders are highly vulnerable to injuries in accidents due to the lack of protective barriers around them. Motorcycle footwear protects riders' feet and ankles from impacts, abrasions, and burns in case of crashes or falls. As safety concerns become more prominent among riders, there's a growing demand for footwear that offers enhanced protection.
Additionally, as economies grow and urbanization increases, more people enter the middle class and seek affordable transportation options, thus driving up motorcycle ownership. Thus, the rising motorcycle ownership globally is propelling the market's growth.
However, Motorcycle footwear often has a higher price tag than regular footwear due to the specialized materials, construction techniques, and safety features required for motorcycle riding. For budget-conscious consumers, the cost of motorcycle boots may be prohibitive, leading them to opt for cheaper alternatives or forego purchasing motorcycle-specific footwear altogether. In conclusion, the high cost of motorcycle footwear is hampering the market's growth.
By Gender Analysis
On the basis of gender, the market is segmented into men and women. The men segment recorded 82.8% revenue share in the market in 2023. In the terms of volume, the men segment attained volume of 6,335.6 thousand units in the market 2023.Historically, men have been more likely to participate in motorcycling activities compared to women.
By Product Analysis
Based on product type, the market is divided into casual boots, adventure & touring boots, racing boots, and motocross boots. The casual boots segment attained 28.7% revenue share in the market in 2023. Casual boots allow riders to express their style and fashion preferences on and off the bike.By Distribution Channel Analysis
Based on distribution channel, the market is categorized into offline and online. In 2023, the offline segment registered 79.9% revenue share in the market. In terms of volume the online segment attained volume of 5,468.8 thousand units in the market 2023.Offline retailers offer a personalized shopping experience that online channels often cannot replicate. Customers can physically try different styles and sizes of motorcycle footwear.By Regional Analysis
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2023, the North America region generated 30.2% revenue share in the market. Motorsports, including motorcycle racing, motocross, and off-road competitions, are popular activities in North America.Recent Strategies Deployed in the Market
- Oct-2023: SIDI SPORT S.R.L came into partnership with Helmet House, a leading distributor in the motorcycle and power sports industry. Through this partnership, SIDI SPORT S.R.L would enhance its distribution network in the United States.
- Jun-2023: Gaerne Spa introduced the "Gaerne SG.22 motocross boot". Besides the traditional strap adjustment, the upper locking lever of the SG.22 offers three adjustable positions. When combined with the two positions provided by the new Frontal Shin Guard, this system allows for various configurations to enhance fit and facilitate the insertion of knee protectors.
- Dec-2022: Dainese S.p.A came into partnership with Tucker Powersport, a US-based sporting goods manufacturing company. Through this partnership, Dainese S.p.A would enhance its product portfolio and market presence in the United States.
- Jul-2022: Dainese SpA I came into partnership with Momodesign, an Italian design company. Through this partnership, Dainese S.p.A would create a fresh lineup of apparel, footwear, helmets, and accessories tailored for urban mobility and outdoor activities.
- Aug-2021: Wolverine World Wide, Inc. took over Sweaty Betty, a women's sportswear manufacturing company. Through this acquisition, Wolverine World Wide, Inc. would transform specific footwear ventures into lifestyle brands by leveraging Sweaty Betty's expertise in apparel and accessories.
List of Key Companies Profiled
- Dainese S.p.A (The Carlyle Group)
- Alpinestars
- Wolverine World Wide, Inc.
- Polaris, Inc.
- SIDI SPORT S.R.L. (Italmobiliare S.p.A.)
- Harley-Davidson, Inc.
- Gaerne Spa
- FORMABOOTS S.p.a.
- Frey daytona GmbH & Co. KG
- FLY Racing
Market Report Segmentation
By Gender (Volume, Thousand Units, USD Billion, 2020-2031)- Men
- Women
- Adventure & Touring Boots
- Casual Boots
- Racing Boots
- Motocross Boots
- Offline
- Online
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 5. Global Motorcycle Footwear Market by Gender
Chapter 6. Global Motorcycle Footwear Market by Product Type
Chapter 7. Global Motorcycle Footwear Market by Distribution Channel
Chapter 8. Global Motorcycle Footwear Market by Region
Chapter 9. Company Profiles
Companies Mentioned
- Dainese S.p.A (The Carlyle Group)
- Alpinestars
- Wolverine World Wide, Inc.
- Polaris, Inc.
- SIDI SPORT S.R.L. (Italmobiliare S.p.A.)
- Harley-Davidson, Inc.
- Gaerne Spa
- FORMABOOTS S.p.a.
- Frey daytona GmbH & Co. KG
- FLY Racing
Methodology
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