About Flat Sandals
Sandal refers to the footwear with openwork on top or straps attached to the sole of the foot. It provides protection from external factors like heat, cold, dirt and others. Flats footwear is not high-heeled. Ballet shoes also known as ballet slippers, are often referred to as flats or flat shoes in contrast to the pointer shoes more advanced female wear.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Flat Sandals 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), New Balance (United States), Deckers Brands (United States), Havaianas (Brazil), VF Corporation (United States), Deichmann SE (Germany), Columbia Sportswear (United States) and Bata (Switzerland) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Flat Sandals market by Type (Formal and Casual) and Region.
On the basis of geography, the market of Flat Sandals 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. Online will boost the Flat Sandals 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 Flat Sandals 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. Plastic will boost the Flat Sandals market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The emergence of the New design, Concepts, and Themes in Women Sandals and Emphasis On Development of All-Weather Comfortable Sandals for Everyday Use
Market Growth Drivers:
Growing Focus Among Millennials on Physical Appearance, Changing Style Statement Fueled by Rising Disposable Income and Rapid Urbanization and Improved Economic Conditions in Developing Countries
Challenges:
Changing Consumer Preference and Growing Dominance of Local Players
Restraints:
Fluctuating Raw Material Prices
Opportunities:
Rising Demand for Comfortable Yet Stylish Sandals and Increase in Disposable Income in Low and Middle-Income Countries
Market Leaders and their expansionary development strategies
In July 2023, Styched, an online youth fashion brand, has acquired a Direct-to-Customer (D2C) online casual sneaker start-up Flatheads, The deal, structured as an all-equity transaction, represents Styched’s foray into the footwear segment.
In November 2020, Pashion Footwear released its newest collection of heel-to-flat shoes for its fall launch. This new release will include their first-ever D'orsay style in three unique colors, one print, and two materials. The D'orsay," Pashion's newest style, is a sleek take on this classic style. Pashion's newest style features a closed toe, opened sides, and an ankle strap with their classic gold buckle.
Key Target Audience
Flat Sandals Manufacturers, Flat Sandals Distributors and Suppliers, Online Vendors, Market Research and Consulting Firms, End-Users 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.