About Flip Flops
Flip flops are casual form of footwear consist of Y-shaped strap with flat sole. Growing demand of fashionable, trendy yet comfortable flip flops amongst all age groups, rising adoption of western trend, availability at reasonable price and increasing online and retail platforms are the key growth factors of flip flops market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Flip Flops 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.
Adidas AG (Germany), C & J Clark International Limited (United Kingdom), Crocs, Inc. (United States), Deckers Outdoor Corporation (United States), Fat Face Limited (United Kingdom), Crocs, Inc. (United States), Ipanema Shoe Corp. (United States), Kappa Deutschland GmbH (Germany), Nike Inc. (United States), Roxy Inc. (United States), Sketchers USA Inc. (United States), Tory Burch LLC (United States), PUMA SE (Germany), Reebok International Ltd. (United States), Converse Inc. (United States) and Other are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Havaianas (South Africa), Forever 21, Inc. (United States) and Catwalk Inc. (Belgium).
Segmentation Overview
AMA Research has segmented the market of Global Flip Flops market by Type (Ethylene-vinyl acetate (EVA), Polyvinyl chloride (PVC), Rubber flip-flops and Others), Application (Men, Woman and Kids) and Region.
On the basis of geography, the market of Flip Flops 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 Retail will boost the Flip Flops market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Inclination towards Western Trend and Emphasizing on Comfortable Flip Flops
Market Growth Drivers:
Growing Acceptance for both Indoor and Outdoor Usage, Affordable Prizing of the Product and Changing Lifestyle Standard
Challenges:
Increasing Dominance of Local Manufacturers
Restraints:
Fluctuating Raw Material Prices
Opportunities:
Emerging Retail and Online Platforms and Increasing Disposable Income in Emerging Economies
Key Target Audience
Flip Flop Manufacturers, Online Vendors, Flip Flop Distributers, Government organizations, Research Organizations, Market Research and Consulting Companies 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.