MOTORCYCLE BOOT MARKET ANALYSIS

Market Challenges And Opportunities

Market Dynamics

• Increasing disposable income and rising awareness about the benefits of motorcycle boots among the people are main factors for driving growth of motorcycle boots market. There are various advantages associated with the use of motorcycle boots such as it protects ankle and feet of riders, helps in maintaining balance of motorcycle, shields the rider from harsh climatic conditions such as rain, excessive heat and winds, and others. Motorcycle boots are extensively adopted by motorcycle riders as it helps in averting accidents and fatalities. The mentioned reasons will help in growth of motorcycle boots market in the near future.
• High popularity of motorcycle boots across the globe is creating huge opportunities for growth of motorcycle boot market. According to a report by Governors Highway Safety Association on Motorcyclist Traffic Fatalities, 2018, motorcyclist fatalities in the U.S. are expected to have decreased by 5.6% in 2017 compared to 2016.
• However, motorcycle boots are not suitable for everyone because it does not provide flexibility to the rider’s leg and often let it sweat due to the rigid material of the product, which is a major factorhampering growth of motorcycle boots market.