About Leather Footwear
Skins from a variety of animals, including sheep, goats, children, calves, pigs, and horses, are used to make leathers. Mammalian hides are made up of three layers: the epidermis, which is the thin outside layer; the corium, or dermis, which is the thick core layer; and the subcutaneous fatty layer. The upper refers to the shoe's standard, as well as the amount of leather used in its production. Leather shoes are more long-lasting, making them a wise investment.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.5% |
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Leather 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.
Adidas (Germany), Capri Holdings (United States), Hermès (France), Kering (France), LVMH (France), Nike (United States), Prada Group (Italy), Richemont (Switzerland), VF Corporation (United States) and Bata India Ltd. (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Bhartiya International Ltd. (India), Fila (South Korea) and Burbery (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Leather Footwear market by Type (Sandal, Shoes and Slipper) and Region.
On the basis of geography, the market of Leather 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. Hypermarket/Supermarket will boost the Leather Footwear market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Style, the sub-segment i.e. Casual will boost the Leather Footwear 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. Genuine Leather will boost the Leather Footwear 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 Leather Footwear market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Demand for New Fancy Footwear
Market Growth Drivers:
Growing Number of Working women is driving the Demand for Women’s Leather Footwear
Challenges:
Growing Alternatives like Synthetic and Vegan Leather
Restraints:
High Prices Associated with Footwear brands and Availability of Counterfeit Footwear made from Synthetic Leather
Opportunities:
Growing E-Commerce
Market Leaders and their expansionary development strategies
In 2021, Adidas AG launched a new "End Plastic Waste" initiative aimed at reducing plastic waste in the environment. The company plans to use recycled materials in its products and packaging, as well as develop new technologies to reduce plastic waste.
In 2021, Nike, Inc. launched its new "Move to Zero" initiative aimed at reducing carbon emissions and waste while increasing the use of sustainable materials in its products. The company plans to achieve a zero-carbon and zero-waste future by 2050.
Key Target Audience
Manufacturers of Leather Footwear, Suppliers, Distributors and Retailers of Leather Footwear, Raw Material Suppliers, Importer/Exporter, Venture Capitalists and Private Equity Firms, Government Bodies, Corporate Entities, Government and Private Research Organizations 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.