Bata Limited, Deichmann SE, Skechers USA Inc., VF Corp., W.L. Key players in the global footwear market include Adidas AG, Nike Inc., New Balance Inc., Puma SE, Asics Corp. The mode of sale segments the market into retail and online sale. In addition, changing lifestyles and rising number of working professionals are leading the demand for non-athletic footwear segment. Increasing health awareness is generating higher demand for athletic footwear among individuals worldwide. The global market is segmented based on type, mode of sale, gender, material, and geography. Women’s footwear remains a dynamic category with the presence of several brands, huge increase in points of sale, and significant budgets for marketing and advertising campaigns. Among these, women’s footwear accounts for the leading contribution in terms of both revenue and volume. On the basis of end-use, the footwear market is classified into men’s footwear, women’s footwear, and kid’s footwear. On the other hand, non-athletic is sub-segmented into casual footwear, military boots, dress evening footwear, lite hiking outdoor sandal, and others. Athletic footwear is further divided into soccer/football shoe, running and cross training/tennis shoe, golf shoe, hiking shoe, basketball shoe, baseball shoe, and others. Manufacturers are continuously focused on expanding their product portfolio in order to gain competitive advantage in this market.īy product type, the global footwear market is segmented into non-athletic footwear and athletic. With increasing participation in sporting activities and changing lifestyle, there is a massive demand for athletic shoes among non-sportspersons as well. Not only this, the increasing demand for trendy, yet comfortable footwear among all age groups a key factor driving the global footwear market. The global footwear market is rising expeditiously as footwear is increasingly becoming a fashion accessory. The report explains material used for manufacturing footwear, which includes leather and non-leather and analyzes the market for both types of footwear. Asian countries, such as China and India are major exporters of leather footwear across developed countries (UK and US). The global footwear market is segmented by type of footwear, end users of footwear, various platforms for sale of footwear, material used, and their sales across various geographies. The rising demand for fancy, trendy yet comfortable footwear among all age groups is a key factor driving the global footwear industry. Footwear industry is growing at a steady pace since the past few years. Global Footwear Market is expected to garner $371.8 billion by 2020, registering a CAGR of 5.5% during the forecast period 2015 - 2020. There is a good demand for such shoes as such a number of renowned shoe makers are in the field. These shoes are extensively used by labourers, industrial workers, farmers, and roadside vendors. Canvas shoes are also a popular sportswear and are preferred foe children. are also available in the market but, are many times costly. Although shoes made from other material such as leather, PVC etc. Furthermore, rising demand for canvas for manufacturing products including backpacks, handbags and electronic device cases is also anticipated to augment market growth over the next seven years.Ĭanvas shoes are one of the cheapest available for the purpose.
Rise in demand for canvas from footwear industry for manufacturing canvas shoes owing to low production cost and low maintenance is expected to drive market growth. Its cheapness as well as its comfort is the main reasons for its popularity.
The shoe upper is of canvas while the base is moulded rubber. As the name suggests the shoes are made of canvas cloth.
These shoes are very popular amongst students and children. In the present age of health consciousness these are also utilized for jogging, aerobic exercises. Profitable Business Opportunities in Footwear IndustryĬanvas shoes are flat shoes with a lower white lines & with the basic shoes laces, Canvas shoes are the shoe modules which are also used as a part of uniforms because of their very basic looks.Ĭanvas shoes are a casual wear item and are extensively used by armed forces personnel, police, Home guards, NCC and civilian personnel. Production of Vulcanized Rubber Canvas Shoes.
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