AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Global Children’s Footwear Market 2020-2024 | Introduction of Smart Shoes to Boost Growth | Technavio

November 26, 2019
Global Children’s Footwear Market 2020-2024 | Introduction of Smart Shoes to Boost Growth | Technavio
Global Children’s Footwear Market 2020-2024 | Introduction of Smart Shoes to Boost Growth | Technavio

LONDON--(BUSINESS WIRE)--Nov 26, 2019--

The children’s footwear market size is expected to post a CAGR of close to 4% during the period 2020-2024, according to the latest market research report by Technavio. Request a free sample report

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191126005303/en/

Technavio has announced its latest market research report titled global children’s footwear market 2020-2024 (Graphic: Business Wire)

Consumers are increasingly preferring aesthetics of materials such as leather, textiles, and synthetics and are willing to pay a premium price. Children’s footwear products such as shoes, sandals, and boots that are launched under exclusive designer labels attract consumers across the world. Moreover, the increasing number of fashion shows, trade exhibitions, and trade fairs are encouraging manufacturers of designer footwear collections to design and launch new products. Thus, the launch of exclusive designer footwear made of high-quality materials will drive the market growth during the forecast period.

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40135

As per Technavio, the introduction of smart shoes will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will affect market growth over 2020-2024.

Children’s Footwear Market: Introduction of Smart Shoes

The global children’s footwear market has witnessed an increase in the demand for smart shoes since its introduction five years ago. This is mainly attributed to factors such as the adoption of smart products and accessories among children, increasing participation in sports, growing concerns about fitness from an early age, and engagement in fitness and sports activities.

“Increase in demand for customized footwear and the decline in infant mortality rate are some of the other factors that have a significant impact on the growth of the children’s footwear market value during the forecast period,” says a senior analyst at Technavio.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio’s SUBSCRIPTION platform

Children’s Footwear Market: Segmentation Analysis

This market research report segments the children’s footwear market by distribution channel (offline and online) and geographical regions (North America, Europe, APAC, South America, and MEA).

The APAC region led the market in 2019, followed by North America, Europe, South America, and MEA, respectively. The growth of the children’s footwear market share in APAC can be attributed to factors such as the growing awareness about the benefits of using children’s footwear and products, introduction of premium products, rising disposable income, rising birth rate, and growing urbanization in the region.

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.

Request a free sample report

Some of the key topics covered in the report include:

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191126005303/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: CHILDREN RETAIL CONSUMER FASHION

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 11/26/2019 03:30 AM/DISC: 11/26/2019 03:30 AM

http://www.businesswire.com/news/home/20191126005303/en