Wellington Boots Market Report
Global Wellington Boots Market, Dynamics, Market Analysis See less
Global Wellington Boots Market, Dynamics, Market Analysis
The global Wellington Boots Market report is bifurcated By Type (PU, Rubber, Waterproof Canvas, PVC, EVA, Others), Application (Agriculture, Household, Manufacturing, Others), and Region. This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global Wellington Boots market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026.
The Global Wellington Boots Market is projected to grow from USD 1.2 billion in 2020 to USD 1.5 billion by 2026 at a CAGR of over 4.1% during the forecast period.
Figure: Global Wellington Boots Market Size, 2020-2026 (USD Billion)\
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Wellington boots, also known as gumboots, knee-length boots, or calf-length rubber boots are defined as waterproof boots that cover the foot and lower part of the leg. It usually reaches almost up to the knee. This type of boot is based on the hessian boots worn by Arthur Wellesley. These boots are made using rubber, polyvinyl chloride (PVC), or ethylene-vinyl acetate EVA among others.
Key players operating in the global Wellington Boots Market are-
The growth of the global wellington boots market is primarily driven by the rapid growth of the footwear industry with rising demand for waterproof boots.
Based on application, the market has been segmented into agriculture, household, manufacturing, and others. The manufacturing segment accounted for the largest market share in 2020. The market growth can be attributed to increasing product demand in applications including mining fields, food processing plants, and chemical factories among others.
Geographically, the market in Europe accounted for the largest market share in 2020 and is expected to grow at a steady rate during the review period.
The outbreak of covid-19 across regions has resulted in lockdown of cities, border restrictions, and breakdown of transportation network. This resulted in closure of factories and workspaces which led to decline in product demand. Also, the shutdown of shops and factories during the outbreak affected the product manufacturing. The market growth is likely to gain pace with reopening of economies.
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The following is a list of the customers that the Global Wellington Boots market aims to convert the most:
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The wellington boots market size is expected to reach USD 1.5 billion in the foreseeable future.
Hunter Boot Limited (UK), Aigle Footwear (France), Gumleaf (UK), Bogs (The U.S), Le Chameau (France), UGG(Deckers Outdoor Corporation) (The U.S), Joules (UK), Lemon jelly (Portugal), Tretorn Sweden (Sweden), Crocs (The U.S), Rockfish (Zennar Limited) (UK), Ilse Jacobsen (Denmark) and Burberry (UK) are among the key players in the Wellington Boots Market.
The wellington boots market is expected to witness an impressive growth of 4.1% CAGR in the coming years.
Europe accounted for the largest share of wellington boots market in 2020.
The manufacturing segment accounted for the largest share of wellington boots market in 2020.
Rapid growth of the footwear industry with rising demand for waterproof boots, increasing popularity of wellington boots in applications including the agriculture and manufacturing sector, growing demand for innovative products are the factors driving the growth of wellington boots market.
Wellington boots manufacturers, Wellington boots suppliers, Wellington boots distributors, Organizations, Government bodies are the target audience in the wellington boots market.