Children's Footwear Market to grow by USD 17.53 Bn; Driven by product premiumization led by design and material innovation -- Technavio

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Oct 07, 2022, 22:11 ET

NEW YORK, Oct. 7, 2022 /PRNewswire/ -- The "Global Children's Footwear Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026" report has been added to Technavio's offering. The report expects the market size to grow by USD 17.53 billion between 2021 and 2026. However, the growth momentum is expected to decelerate at a CAGR of 8.12% during the forecast period. The report provides a detailed analysis of the factors impacting market size, the latest trends, key segments to invest in over the forecast period, and regional growth opportunities. Download PDF Report Sample

Technavio has announced its latest market research report titled Global Childrens Footwear Market 2022-2026

The market is driven by product premiumization led by design and material innovation. The continuous changes in the fashion industry coupled with evolving consumer demands are driving vendors to constantly innovate and introduce new footwear patterns and designs. They are regularly expanding their brand and product lines. Besides, vendors are increasing the availability of premium products that offer luxury appeal and can also be used as party wear. The introduction of such products is crucial in attracting consumer interest. Also, the high demand and premiumization allow manufacturers to increase the prices of their products. As a result of these factors, market growth is expected to accelerate over the forecast period.

As per Technavio, the increase in demand for customized footwear will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth.

Children's Footwear Market: Increase in demand for customized footwear

The customization of children's footwear is an emerging trend in the market. The vendors are offering a wide range of customization options such as the use of hard metals, such as gold and silver, and precious stones, such as diamonds. The demand for such customized children's footwear has gained significant momentum in developed regions such as Europe and North America over the years. Emerging markets such as China and India are also witnessing a rise in the demand for customized footwear. This trend is expected to foster the growth of the global children's footwear market during the forecast period.

Children's Footwear Market: Segmentation Analysis

This market research report segments the children's footwear market by distribution channel (offline and online) and geography (APAC, North America, Europe, South America, and the Middle East and Africa).

The offline segment accounted for maximum sales in the market in 2021. The segment comprises brand-owned stores, multi-brand stores, apparel stores, fashion and personal accessories stores, baby product stores, and sports equipment stores. The availability of all products at a single stop is the major factor driving the growth of the segment.

The APAC region led the children's footwear market in 2021, followed by North America, Europe, South America, and the Middle East and Africa respectively. During the forecast period, the APAC region is expected to register the highest incremental growth. Rising disposable income, rising birth rate, and growing urbanization are driving the growth of the children's footwear market in APAC.

Technavio's sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request Sample Report Here

Some of the key topics covered in the report include:

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered
Vendor classification
Market positioning of vendors
Competitive scenario

Related Reports:

Children's Footwear Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Decelerate at a CAGR of 8.12%
Market growth 2022-2026	USD 17.53 billion
Market structure	Fragmented
YoY growth (%)	9.55
Regional analysis	APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution	APAC at 38%
Key consumer countries	US, China, India, UK, France, and Germany
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	adidas AG, ANTA Sports Products Ltd., ASICS Corp., Bata Brands SA, Bobux International Ltd., Burberry Group Plc, Columbia Sportswear Co., Courtaulds (Footwear) Ltd., Crocs Inc., Dolce and Gabbana Srl, Falc Spa, Fila Holdings Corp., GEOX Spa, KEEN Inc., New Balance Athletics Inc., Nike Inc., PUMA SE, Sewell Direct, Skechers USA Inc., Wolverine World Wide Inc., and C and J Clark International Ltd.
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of contents:

1. Executive Summary

1.1 Market Overview

Exhibit 01: Executive Summary – Chart on Market Overview

Exhibit 02: Executive Summary – Data Table on Market Overview

Exhibit 03: Executive Summary – Chart on Global Market Characteristics

Exhibit 04: Executive Summary – Chart on Market by Geography

Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel

Exhibit 06: Executive Summary – Chart on Incremental Growth

Exhibit 07: Executive Summary – Data Table on Incremental Growth

Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2. Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market

Exhibit 10: Market characteristics

3. Market Sizing

3.1 Market definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021 - 2026

Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)

Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)

Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)

Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4. Five Forces Analysis

4.1 Five Forces Summary

Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Distribution Channel

5.1 Market segments

Exhibit 24: Chart on Distribution Channel - Market share 2021-2026 (%)

Exhibit 25: Data Table on Distribution Channel - Market share 2021-2026 (%)

5.2 Comparison by Distribution Channel

Exhibit 26: Chart on Comparison by Distribution Channel

Exhibit 27: Data Table on Comparison by Distribution Channel

5.3 Offline - Market size and forecast 2021-2026

Exhibit 28: Chart on Offline - Market size and forecast 2021-2026 ($ million)

Exhibit 29: Data Table on Offline - Market size and forecast 2021-2026 ($ million)

Exhibit 30: Chart on Offline - Year-over-year growth 2021-2026 (%)

Exhibit 31: Data Table on Offline - Year-over-year growth 2021-2026 (%)

5.4 Online - Market size and forecast 2021-2026

Exhibit 32: Chart on Online - Market size and forecast 2021-2026 ($ million)

Exhibit 33: Data Table on Online - Market size and forecast 2021-2026 ($ million)

Exhibit 34: Chart on Online - Year-over-year growth 2021-2026 (%)

Exhibit 35: Data Table on Online - Year-over-year growth 2021-2026 (%)

5.5 Market opportunity by Distribution Channel

Exhibit 36: Market opportunity by Distribution Channel ($ million)

6. Customer landscape

6.1 Customer landscape overview

Technavio's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7. Geographic Landscape

7.1 Geographic segmentation

Exhibit 38: Chart on Market share by geography 2021-2026 (%)

Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 40: Chart on Geographic comparison

Exhibit 41: Data Table on Geographic comparison

7.3 APAC - Market size and forecast 2021-2026

Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)

Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)

Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)

Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.4 North America - Market size and forecast 2021-2026

Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)

Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)

Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)

Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.5 Europe - Market size and forecast 2021-2026

Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)

Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)

Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)

Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.6 South America - Market size and forecast 2021-2026

Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)

Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)

Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)

Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.7 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)

Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)

Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)

Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.8 US - Market size and forecast 2021-2026

Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)

Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)

Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)

Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

7.9 China - Market size and forecast 2021-2026

Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)

Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)

Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)

Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

7.10 UK - Market size and forecast 2021-2026

Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)

Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)

Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)

Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)

7.11 Germany - Market size and forecast 2021-2026

Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)

Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)

Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)

Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)

7.12 India - Market size and forecast 2021-2026

Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ million)

Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ million)

Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)

Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography

Exhibit 82: Market opportunity by geography ($ million)

8. Drivers, Challenges, and Trends

8.1 Market drivers

8.1.1 Product premiumization led by design and material innovation

8.1.2 Rise in demand for children's design footwear

8.1.3 Growing focus on DTC channel expansion by vendors

8.2 Market challenges

8.2.1 Presence of counterfeit products

8.2.2 Fluctuations in prices of raw materials

8.2.3 Increasing labor cost

8.3 Impact of drivers and challenges

Exhibit 83: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

8.4.1 Increase in demand for customized footwear

8.4.2 Introduction of smart shoes

8.4.3 Rising demand for footwear made from organic raw materials

9. Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

The potential for the disruption of the market landscape was moderate in 2020, and its threat is expected to remain unchanged by 2025.

9.3 Landscape disruption

Exhibit 85: Overview on factors of disruption

9.4 Industry risks

Exhibit 86: Impact of key risks on business

10. Vendor Analysis

10.1 Vendors covered

Exhibit 87: Vendors covered

10.2 Market positioning of vendors

Exhibit 88: Matrix on vendor position and classification

10.3 adidas AG

Exhibit 89: adidas AG - Overview

Exhibit 90: adidas AG - Business segments

Exhibit 91: adidas AG - Key news

Exhibit 92: adidas AG - Key offerings

Exhibit 93: adidas AG - Segment focus

10.4 ANTA Sports Products Ltd.

Exhibit 94: ANTA Sports Products Ltd. - Overview

Exhibit 95: ANTA Sports Products Ltd. - Business segments

Exhibit 95: ANTA Sports Products Ltd. - Key news

Exhibit 96: ANTA Sports Products Ltd. - Key offerings

Exhibit 97: ANTA Sports Products Ltd. - Segment focus

10.5 ASICS Corp.

Exhibit 98: ASICS Corp. - Overview

Exhibit 99: ASICS Corp. - Business segments

Exhibit 100: ASICS Corp. - Key news

Exhibit 101: ASICS Corp. - Key offerings

Exhibit 102: ASICS Corp. - Segment focus

10.6 Crocs Inc.

Exhibit 103: Crocs Inc. - Overview

Exhibit 104: Crocs Inc. - Business segments

Exhibit 105: Crocs Inc. - Key news

Exhibit 106: Crocs Inc. - Key offerings

Exhibit 107: Crocs Inc. - Segment focus

10.7 Dolce and Gabbana Srl

Exhibit 108: Dolce and Gabbana Srl - Overview

Exhibit 109: Dolce and Gabbana Srl - Business segments

Exhibit 110: Dolce and Gabbana Srl - Key offerings

10.8 New Balance Athletics Inc.

Exhibit 111: New Balance Athletics Inc. - Overview

Exhibit 112: New Balance Athletics Inc. - Business segments

Exhibit 113: New Balance Athletics Inc. - Key offerings

10.9 Nike Inc.

Exhibit 114: Nike Inc. - Overview

Exhibit 115: Nike Inc. - Business segments

Exhibit 116: Nike Inc. - Key news

Exhibit 117: Nike Inc. - Key offerings

Exhibit 118: Nike Inc. - Segment focus

10.10 PUMA SE

Exhibit 119: PUMA SE - Overview

Exhibit 120: PUMA SE - Business segments

Exhibit 121: PUMA SE - Key news

Exhibit 122: PUMA SE - Key offerings

Exhibit 123: PUMA SE - Segment focus

10.11 Skechers USA Inc.

Exhibit 124: Skechers USA Inc. - Overview

Exhibit 125: Skechers USA Inc. - Business segments

Exhibit 126: Skechers USA Inc. - Key news

Exhibit 127: Skechers USA Inc. - Key offerings

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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