The expansion of the global boot industry is forecast to reach 2.3% p.a. in the coming years. Between 2008 and 2014 the market increased with an average annual growth of 10.1%. Currently, boots of leather account for 72.1% of the global demand while boots of plastics or rubber have a 27.9% share of the market.
China, Germany, Italy, Russia and the United States represent the largest boot markets while the strongest annual growth is forecast to occur in Philippines (12.4%), Bolivia (9.8%), Jordan (9.2%), India (7.8%) and Oman (7.5%).
