The Global Snow Boots Market is projected to reach around US$ 2,860.7 Million by the end of 2030, in terms of revenue, growing at CAGR of 4.5% during the forecast period (2023-2030).
Market Trends
Consistent product launches in accordance with research and development in order to make the product more consumer-friendly is a key trend adapted by manufacturers to increase their market growth. For instance, in November 2021, Canada Goose, a Canada-based leading manufacturer of extreme weather outerwear, entered the snow boots market by launching its first ever ‘Snow Mantra Boot’. Snow Mantra boots are snow boots with advanced features such as insulated liner molds to give a proper fit along with an insulated lining inspired by the brand’s warmest coat, the Snow Mantra Parka. The boots also come with draw cords and cord locks to provide quick adjustments, along with variable lacing modes, and the inbuilt water-proof membrane creates a 100% sealed barrier. These specifications make the Snow Mantra boots a perfect candidate to be used in environments with extreme temperature conditions. Such product developments and launches will boost the demand for snow boots.
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