textile retailers, independent retail stores, and departmental stores. The ‘Supermarket and Hypermarkets’
segment led the market in 2016 and will continue to lead in the forecast period. The key factor that may be
attributed to the growth of the market includes increasing demand.
Middle East & Africa accounted for the major share of the boot market in 2017 and will continue to lead in the
forecast period. The factors that could be attributed to the growth include increasing fashion trend, rising
consciousness among population, and growing demand from several industries. Middle East and Africa is
followed by the Asia-Pacific region owing to increasing demand. Japan is anticipated to change the dynamics
and trends of the market in the forecast period.
Some of the key players that fuel the growth of the boot industry comprise Red Dragonfly, Belle, Daphne,
AOKANG, ST&SAT, Meermin, and Camel. The leading companies are taking up partnerships, mergers and
acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
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