According to a new report, published by KBV research, The Global Winter Footwear Market size is expected to reach $11.4 billion by 2028, rising at a market growth of 4.6% CAGR during the forecast period.
The Shoes segment is showcasing a CAGR of 5% during (2022 - 2028). Snow sports' expanding popularity, increased disposable money, and increased interest in trekking and backcountry snowshoes are all factors contributing to the market's expansion. Therefore, during the projection period, trekking and recreational winter shoes are expected to have significant growth.
The Offline segment is leading the Global Winter Footwear Market by Distribution Channel in 2021 thereby, achieving a market value of $8.2 billion by 2028. This is because winter footwear is readily available to customers through offline channels covering large sets. In addition, it has stores with a vast assortment of winter footwear and a nationwide and international presence. In these types of stores, customers can find a variety of winter footwear, such as boots and shoes currently on the market. Furthermore, this kind of establishment provides customers access to market-available specialized products.
The Women segment has shown the growth rate of 4.7% during (2022 - 2028). The increasing popularity of branded, designer, and high-quality fur snow boots is driving market growth. These winter footwears attract fashionable and appealing female clients. The rise of the market is being driven by a growing female population, a changing lifestyle, and the presence of a number of working women in snowy regions.
The Europe market dominated the Global Winter Footwear Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3.9 billion by 2028. The North America market is exhibiting a CAGR of 4.4% during (2022 - 2028). Additionally, The Asia Pacific market would experience a CAGR of 5% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/winter-footwear-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of SOREL Corporation (Columbia Sportswear Company), Wolverine World Wide, Inc., Deckers Outdoor Corporation, Airwair International Ltd. (Dr. Martens) (Permira), Nike, Inc., Rocky Brands, Inc., Danner (ABC Mart Korea Co., Ltd.), Norse Projects, Amer Sports, and New Balance Athletics, Inc.
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By Distribution Channel
By End User
By Geography
Companies Profiled
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