Global Insulated Shoes Market Size, Share and Trends Analysis Report, By Type (Electrically Insulated Leather Shoes, Electrically Insulated Cloth Shoes, and Electrically Insulated Rubber Shoes), and By Application (Electronics Factory, Chemical Plant, Pharmaceutical Factory, and Others), Forecast Period (2022-2028)
The global Insulated Shoes market is anticipated to grow at a CAGR of 4.9 % during the forecast period (2022-2028). People living in snowy areas have increased their demand for snow boots due to the rapidly changing climatic conditions in these areas. The ability of snow boots to be water-resistant or waterproof has drawn a large number of customers to the growing importance of snow boots in wet regions. Furthermore, the advancement in the design of snow boots to prevent snow from entering them and to aid in walking and running in snowy regions has resulted in the implementation of winter boots by people who live in such areas. The benefits associated with the insulated shoes is expected to create the demand for the market during the forecast period.
Furthermore, the rapid emergence of organised sales channels such as hypermarkets/supermarkets, sports stores, multi-brand stores, and specialty stores has increased significantly the distribution of snow boots which has impacted the market positively during the forecast period. Furthermore, the majority of customers in snowy areas are increasingly shifting to higher quality, longer-lasting products offered by manufacturers contributing growth to the market. Moreover, the growing interest for outdoor sports activities such as skiing, snowboarding, and others has attracted a larger base of enthusiasts to such sports. The number of various winter sport tournaments and events has increased during the forecast across the globe, resulting in an increase in the volume of sales of equipment such as snow boots.
Some major players in the market include New Balance, Keen, 3M, Weinbrenner, RILCO, Zamberlan, GORE-TEX, Hampton, SCL, LaCrosse, Richards Footwear, VULCAN, and others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in September 2021, Canada goose takes the next step literally as a performance luxury brand able to withstand the worst that winter can throw at it. The company launched a line of high-tech footwear as part of its “Beyond the Parka” growth strategy. Its high-top Snow Mantra boot ($1,295) and the versatile Journey hiker boot ($750) for men and women.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- New Balance, Keen, 3M, Weinbrenner, RILCO, Zamberlan, GORE-TEX, Hampton, SCL, LaCrosse, Richards Footwear, VULCAN, and
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Insulated Shoes Market Report by Segment
By Type
- ElectricallyInsulated Leather Shoes
- ElectricallyInsulated Cloth Shoes
- Electrically Insulated Rubber Shoes
By Application
- Electronics Factory
- Chemical Plant
- Pharmaceutical Factory
- Others
Global Insulated Shoes Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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