What is Custom Shoes Market?
The main drivers of the global custom shoes market are the proliferation of e-commerce platforms, fast fashion fads, preference for custom designs, and the emergence of 3D printing from fiction to fact. Improved Internet infrastructure in the developing world, along with both global and domestic e-commerce players catering to the demand has broadened the market for custom shoes considerably. This has led to significant growth in the market in the forecast period.
The market study is being classified by Type (Athletic Shoes (Running, Sports, Aerobic, Walking, Trekking, and Others) and Non-Athletic Shoes (Casual, Evening, Formal, and Others)) and major geographies with country level break-up.
Nike (United States), VF Corporation (United States), Alive Shoes (Italy), Shoes of Prey Pty Ltd. (United States), Alfred Sargent (United Kingdom), Bionda Castana (United Kingdom), Buchanan Bespoke (United Kingdom), Buttero (China), Crockett & Jones (United Kingdom) and Edward Green (United States) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that European and United States Vendors will contribute to the maximum growth of Global Custom Shoes market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Custom Shoes market by Type, Application and Region.
On the basis of geography, the market of Custom Shoes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Enthusiasm among People to Wear Comfortable Sport Shoes and the Requirement is Different for Each Sport
- Growing Interest among Consumers to Customize their Outfit for Special Occasions
Market Trend
- Increasing Demand for Shoes Available for Multiple Purposes
Restraints
- High Coast Associated with Custom Shoes
Opportunities
- Increasing Youth Population is a Potential Opportunity
Challenges
- Limited Customization and Production
On 1st February 2019, Alton Lane has announced the launch of their first custom shoe collection, available online and in-store at their 12 showrooms across the country. Handmade in Europe from premium Italian and Spanish leathers, and starting at USD 295, the collection includes nine fully customizable styles ranging from casual moccasins, loafers, and chukka boots to formal oxfords, double monks, and tuxedo slippers.
Key Target Audience
Custom Shoes Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others