About Espadrille Flats
Espadrille flats are casual footwear that usually has canvas or cotton fabric upper and a flexible, comfortable sole made of esparto rope. This rope sole is the highlighting characteristics of espadrille flats. They can be made of various materials such as leather, canvas, denim, rubber, etc. and are widely available online stores as well as in brand stores. With the changing lifestyle, rising disposable income the global demand for espadrille flats from developing countries is expected to grow in the coming years.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global espadrille flats market is moderately fragmented due to the presence of fewer manufactures. The level of competition between the competitors of espadrille flats is very high and they are focusing on expanding the brands in new regions and new product launches for their product reach to sustain in the competitive market. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Steven Madden, Ltd. (United States), VISCATA (Spain), Catwalk Worldwide Pvt. Ltd (India), ECCO Sko A/S (Denmark), Manebi (Italy), Carlton London (India) and C&J Clark International Ltd. (United Kingdom) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Espadrille Flats market by and Region.
On the basis of geography, the market of Espadrille Flats 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). If we see Market by Distribution Channels, the sub-segment i.e. Supermarket & Mall will boost the Espadrille Flats market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Canvas will boost the Espadrille Flats market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Men will boost the Espadrille Flats market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Introduction of Espadrille Flats in Various Designs and Style
Market Growth Drivers:
Increasing Lifestyle and Fashion in Developing Countries, Demand for Comfortable and Fashionable Footwear and Rising Disposable Income of People
Challenges:
Use of Cheap and Low-Quality Material
Restraints:
The Price Fluctuations in Material used in the Production of Espadrille Flats
Opportunities:
Growing eCommerce Platform will Increase the Espadrille Flats Market
Market Leaders and their expansionary development strategies
In March 2022, Reese Witherspoon's fashion business, Draper James, announced the release of its debut wear collection, Draper James has expanded its footwear line by introducing 37 new pieces in Q4. The collection has woral different styles, including flats, espadrilles, evening sandals, kitten heels, and sandals.
In May 2019, Reformation, the Los Angeles-based business renowned for its environmentally conscious and stainable clothing line, introduced a new collection of shoes. The Ref Shoes line comprises 11 different styles, including scadrilles, flats, and heels, specifically designed for the summer season. The entire line is based on 1990s trends, phasizing the season's most famous shoe style-the "naked shoe." Thus, the entry of new market players with their new oducts is expected to augment the market growth.
Key Target Audience
Espadrille Flats Manufacturers, Espadrille Flats International Traders, Espadrille Flats Distributors and Suppliers, Upstream and Downstream Buyers, Potential Investors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.