SNOW BOOTS MARKET ANALYSIS

Market Challenges And Opportunities

Global Snow Boots Market: Restraints

Climate change and global warming have impacted snowfall across regions.

• Climate change and global warming have impacted snowfall across regions. For instance, according to the U.S. Environmental Protection Agency (U.S.EPA), the rate of change in total snowfall from 1930 to 2007 at 419 weather stations declined in the country. Approximately 57% of stations have witnessed a decrease in precipitation in the form of snow, with an average decline rate of 0.19% per year.
• The decrease of snowfall would eventually affect the demand for snow boots. Rainy boots can be used in rainy and wet conditions and are relatively cheaper than snow boots. Thus, the availability of water-resistant rain boots and decrease in snowfall are some restraints that may hamper the market demand Global Snow Boots Market to some extent.

Market Opportunity:

The rise in the production capacity of snow boots is a vital factor responsible for the upliftment of the market growth. The rise in the rapid emergence of organized sales channels, such as hypermarkets, supermarkets and specialty stores, for the distribution of snow boots; rise in the e-commerce, which has become one of the fastest-growing platforms for the advertisement of products; and rise in the demand from emerging economies are some of the prime factors, among others, driving the snow boots market. Moreover, rise in the research and development activities in the market and rise in the technological advancements and modernization in the production techniques will further create new opportunities for the global snow boots market over the forecast period.