About High Heels Footwear
In high heels footwear, there are various types of material are used for manufacturing footwear products such as natural material, and others. There is an increasing demand for footwear because of rising fashion trends. Such as, Micro defines that, Small and Medium Enterprises (Government of India), India is the second-largest global producer of footwear after China, which covers around more than 13% of global footwear production of near about 16 billion pairs. Additionally, it also revealed that India produces around more than 2 billion pairs of different categories of footwear, which is similar to the percentage of both non-leather footwear and leather footwear. Hence, this analysis defines that the growing demand for footwear will affect the growth of the market in the future.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The global high heels footwear market is highly rivalry and consists of major players. With respect to the market share, some of the key players highly leading the global market. These market players are focusing on strategic initiatives to intensification their market share and enhance their profitability. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global High Heels Footwear market throughout the forecasted period. 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.
NIKE (United States), Adidas (Germany), PUMA (Germany), Skechers (United States), Under Armour (United States), Wolverine World Wide (United States), Crocs (United States), ASICS (Japan) and New Balance (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are VF Corporation (United States), Deichmann SE (Germany), Columbia Sportswear (United States) and Bata (Switzerland).
Segmentation Overview
AMA Research has segmented the market of Global High Heels Footwear market by and Region.
On the basis of geography, the market of High Heels Footwear 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 Channel, the sub-segment i.e. Hypermarkets/Supermarkets will boost the High Heels Footwear market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Heel, the sub-segment i.e. Kitten Heels will boost the High Heels Footwear market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Materials, the sub-segment i.e. Rubber will boost the High Heels Footwear market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for Customised Footwear and Increasing Number of Purchasing Count from Online Retail Stores
Market Growth Drivers:
Increasing Number of Female Populations
Challenges:
High Cost of Raw Material
Restraints:
Stiff Competition between Major Players and Side Effects Associated With Women Footwear Such As Stiff and Inflamed
Opportunities:
Rising Online Purchasing Behaviour from the Customers and Growing Demand from Emerging Market Such As China, India, Brazil, Among Others
Market Leaders and their expansionary development strategies
In December 2019, Capri Holdings Limited, a global fashion luxury group, is pleased to announced that it has signed a definitive agreement to acquire Italian atelier and shoe manufacturer Alberto Gozzi S.r.L. in Pistoia, Tuscany. The transaction is expected to close in the Company’s fourth fiscal quarter, subject to specified closing conditions.
In January 2023, Gait-Tech’s New Insole Innovation Aims to Help Make High Heels More Comfortable. The patented biomechanical insole relieves pressure on the foot metatarsal boon in order to provide a healthier and more stable gait when the foot is vertical in plantar flexion.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, High Heels Footwear Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
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.