Growing footwear sales via e-commerce industry, consumer preference towards customization of footwear, personalization, athleisure & healthy lifestyle trends and millennia’s preference for online shopping trends are fuelling the growth of customized footwear market all across the globe. According to Goldstein Research, global online footwear and apparel sales increased by 21.5% in 2016, and e-commerce accounted for 11% of total global footwear sales. Global customized footwear market size reached USD 60 billion in 2016. It is expected to grow at a CAGR of 5.5% over the forecast period and reach a valuation of approximately USD 92 Billion by 2024. Non-athletic customized footwear market is likely to grow at a faster pace than customized athletic footwear owing to keep up with the current fashion trends. Geographically, China has the largest online apparel and footwear market worldwide and is also the country with the highest proportion of apparel and footwear sold online: some 25% of total category sales were online last year.
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Market Segmentation
• By Product Type
o Athletic Shoes
 Running Shoes
 Hiking Shoes
 Others
o Non Athletic Shoes
 Casual Footwear
 Evening Footwear
 Formal Footwear
 Others
• By Distribution Channel
o Online Retail
o Physical Retail
• By End User
o Men
o Women
• By Geography
o North America (US, Canada) {Market Share (%), Market Size (USD Billion), Production (Units)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Production (Units)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Production (Units)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Production (Units)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Production (Units)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Production (Units)}
“Global Customized Footwear Market Outlook 2024” contains detailed overview of the global customized footwear market in terms of market segmentation by product type and end user.
Further, for the in-depth analysis, customized footwear market research report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.
Global customized footwear market report also provides competitive outlook for some of the major players which includes profiling of companies such as Vans, Reebok, ASICS, Nike, Alive Shoes, Adidas, Shoes of Prey, Under Armour, Alfred & Sargent’s, Bionda Castana, Buchanan Bespoke, Buttero, Crockett & Jones, Edward Green etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents comprehensive synopsis on the global customized footwear market trends that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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