Global High Heels Footwear Market 2019-2023 - Increased Online Sales / Increasing Demand for Customized Footwear / The advent of Smart Shoes - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Feb 28, 2019--The “Global High Heels Footwear Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The high heels footwear market will register a CAGR of almost 3% by 2023.
The demand for premium footwear is expected to rise rapidly owing to high disposable income and celebrity endorsements for various footwear brands. Advances in footwear manufacturing and innovative product designs also increase sales of premium footwear. These famous brands along with many regional players also manufacture customized high heel footwear for better customer satisfaction. Some other business operators such as jewelry business owners also manufacture premium footwear to attract customers. Hence; the premiumization of high-heeled footwear will be one of the major drivers for the market during the forecast period.
Evolving shopping behavior
The shopping of footwear was limited to the purpose of protection of feet. However, with the evolution of fashion designing, there was a shift in the footwear market as well. Internet penetration and urbanization have resulted in the evolution of shopping behavior from buying products locally to shopping online, which has increased the sales of high heel footwear.
Increased cost of production
The rise in the cost of raw materials and increasing labor cost are the major factors, which raise the cost of production. Increasing labor charge is another major challenge that increases the cost of production. Many footwear manufacturers have had to adjust to losses due to the shift in manufacturing plants and increased labor costs.
The market appears to be moderately fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
The key players in the global high heels footwear market are Capri Holdings, Kering, LVMH, Prada S.P.A., & Tapestry, Inc.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
- Market segmentation by distribution channel
- Comparison by distribution channel
- Offline - Market size and forecast 2018-2023
- Online - Market size and forecast 2018-2023
- Market opportunity by distribution channel
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Latin America - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 10: MARKET TRENDS
- Increased online sales
- Increasing demand for customized footwear
- The advent of smart shoes
PART 11: VENDOR LANDSCAPE
PART 12: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- CAPRI HOLDINGS LIMITED
- PRADA S.P.A.
- Tapestry, Inc
- Landscape disruption
- Competitive scenario
PART 13: APPENDIX
For more information about this report visit https://www.researchandmarkets.com/research/xtvpgs/global_high_heels?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190228005473/en/
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INDUSTRY KEYWORD: RETAIL FASHION
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 02/28/2019 07:29 AM/DISC: 02/28/2019 07:28 AM