Children shoes market size is set to grow by USD 5.32 billion from 2021-2026; The rise in demand for children's designer footwear boosts the market- Technavio
NEW YORK, March 28, 2023 /PRNewswire/ -- The children shoes market size is estimated to grow byUSD 5.32 billionfrom 2021 to 2026, according to Technavio. The market is estimated to grow at a CAGR of 8.21% during the forecast period. The market is driven by the rise in demand for children's designer footwear. Children's limited edition designer shoes are made of high-quality materials because consumers value aesthetics and are ready to pay more for materials like leather, textiles, and synthetics. Global consumers are drawn to children's footwear goods like boots, sandals, and shoes that are introduced under high-end designer labels. Manufacturers of designer footwear collections are encouraged to introduce new goods or collections by the rising number of fashion shows, trade exhibitions, and trade fairs. On these occasions, vendors from the worldwide market frequently display their collections. For the collection of children's shoes brands, retailers demand a premium price. These factors will fuel the market growth during the forecast period. These factors will fuel the market growth during the forecast period. For more insights on the market - Request a sample report
The introduction of smart shoesis one of the major trends influencing the children shoes market growth.
The demand for smart shoes has increased in the global market since they were first introduced.
This is primarily caused by children's growing use of smart products and accessories, especially in developed nations, as well as their increased participation in sports, growing interest in fitness from an early age, and participation in physical activity.
Based on how users engage in physical activity, smart shoes assist users. They are also designed to be comfortable and improve one's performance.
Hence, the increasing use of smart shoes among children will propel the growth of the global market during the forecast period.
Major challenges hindering the market growth
Growing labor costs deterring price growthis one of the major challenges influencing the children shoes market growth.
Global market leaders like Nike Inc and Adidas AG have production facilities spread across several nations.
Labor costs for the children shoe manufacturers differ from country to country, and lead to variations in overall production costs, geographically.
Developing nations in APAC have manufacturing agreements with international players in the market. Over the past ten years, labor wages in these nations such as in China have increased significantly.
Moreover, when compared to labor costs in developing nations like China and India, developed economies like the US, the UK, and Germany are already more expensive.
Thus, such factors will impede market growth during the forecast period.
Vendor Landscape - The global children shoes market is characterized by the presence of various vendors such adidas AG, ASICS Corp., Authentic Brands Group LLC, Bata Brands Sarl, Bobux International Ltd., Columbia Sportswear Co., Crocs Retail LLC, Deichmann Shoes UK Ltd., DSW Shoe Warehouse Inc., Fila Holdings Corp, Hennes and Mauritz AB, John Lewis Partnership plc, Khadim India Ltd., New Balance Athletics Inc, Nike Inc, PUMA SE, Skechers USA Inc., The Childrens Place Inc., VF Corp., and Wolverine World Wide Inc.
Geography Overview By geography, the global automotive airbag sensor market is segmented into APAC, North America, Europe, South America, and the Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global market.
APAC is estimated to contribute 38% to the growth of the global market during the forecast period. Over the forecast period, rising disposable incomes, rising birth rates, and increasing urbanization will support the expansion of the children shoe market in APAC. Also, the year-over-year growth for children shoes market in APAC is expected to be higher than other regions, during the forecast period.
Children shoes market- Segmentation Assessment Segment Overview Technavio has segmented the market based on product (casual shoes, formal shoes, sports shoes, boots, and others), end-user (girls and boys), and distribution channel (offline and online).
The children shoes market share growth in the casual shoe segment will be significant during the forecast period. Manufacturers' increased product offerings and consumer preferences for varied styles and on-trend shoes for different occasions are anticipated to fuel the segment's growth.
The smart shoe market is estimated to grow at a CAGR of 24.78%. between 2021 and 2026. The size of the market is forecast to increase by USD 587.87 million, during the period. This report extensively covers market segmentation by end-user (adults, senior citizens, users with a disability, and kids), distribution channel (offline and online), and geography (North America, Europe, APAC, South America, and Middle East and Africa).
The safety shoes marketis estimated to grow at a CAGR of 5.78% between 2021 and 2026. The size of the market is forecast to increase by USD 1.64 billion, during the period. This report extensively covers market segmentation by end-user (construction, chemicals, manufacturing, mining, and others) and geography (APAC, North America, Europe, South America, the Middle East and Africa).
Children Shoes Market Scope
Report Coverage
Details
Base year
2021
Historic period
2017-2021
Forecast period
2022-2026
Growth momentum & CAGR
Accelerate at a CAGR of 8.21%
Market growth 2022-2026
USD 5.32 billion
Market structure
Fragmented
YoY growth 2022-2023 (%)
7.73
Regional analysis
APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution
APAC at 38%
Key countries
US, China, India, UK, Germany, and France, Canada, Mexico, Italy,Spain, India, Japan, Australia, and South Korea
Competitive landscape
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled
adidas AG, ASICS Corp., Authentic Brands Group LLC, Bata Brands Sarl, Bobux International Ltd., Columbia Sportswear Co., Crocs Retail LLC, Deichmann Shoes UK Ltd., DSW Shoe Warehouse Inc., Fila Holdings Corp, Hennes and Mauritz AB, John Lewis Partnership plc, Khadim India Ltd., New Balance Athletics Inc, Nike Inc, PUMA SE, Skechers USA Inc., The Childrens Place Inc., VF Corp., and Wolverine World Wide Inc.
Market dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents:
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary ? Chart on Market Overview
Exhibit 02: Executive Summary ? Data Table on Market Overview
Exhibit 03: Executive Summary ? Chart on Global Market Characteristics
Exhibit 04: Executive Summary ? Chart on Market by Geography
Exhibit 05: Executive Summary ? Chart on Market Segmentation by Product
Exhibit 06: Executive Summary ? Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary ? Chart on Market Segmentation by Distribution Channel
Exhibit 08: Executive Summary ? Chart on Incremental Growth
Exhibit 09: Executive Summary ? Data Table on Incremental Growth
Exhibit 10: Executive Summary ? Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 11: Parent market
Exhibit 12: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 13: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 14: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 15: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 16: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 17: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 18: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
4.1 Five forces summary
Exhibit 19: Five forces analysis - Comparison between 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 20: Chart on Bargaining power of buyers ? Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 21: Bargaining power of suppliers ? Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 22: Threat of new entrants ? Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 23: Threat of substitutes ? Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 24: Threat of rivalry ? Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 25: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Product
5.1 Market segments
Exhibit 26: Chart on Product - Market share 2021-2026 (%)
Exhibit 27: Data Table on Product - Market share 2021-2026 (%)
5.2 Comparison by Product
Exhibit 28: Chart on Comparison by Product
Exhibit 29: Data Table on Comparison by Product
5.3 Casual shoes - Market size and forecast 2021-2026
Exhibit 30: Chart on Casual shoes - Market size and forecast 2021-2026 ($ million)
Exhibit 31: Data Table on Casual shoes - Market size and forecast 2021-2026 ($ million)
Exhibit 41: Data Table on Sports shoes - Year-over-year growth 2021-2026 (%)
5.6 Boots - Market size and forecast 2021-2026
Exhibit 42: Chart on Boots - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on Boots - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on Boots - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on Boots - Year-over-year growth 2021-2026 (%)
5.7 Others - Market size and forecast 2021-2026
Exhibit 46: Chart on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on Others - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on Others - Year-over-year growth 2021-2026 (%)
5.8 Market opportunity by Product
Exhibit 50: Market opportunity by Product ($ million)
6 Market Segmentation by End-user
6.1 Market segments
Exhibit 51: Chart on End-user - Market share 2021-2026 (%)
Exhibit 52: Data Table on End-user - Market share 2021-2026 (%)
6.2 Comparison by End-user
Exhibit 53: Chart on Comparison by End-user
Exhibit 54: Data Table on Comparison by End-user
6.3 Girls - Market size and forecast 2021-2026
Exhibit 55: Chart on Girls - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Data Table on Girls - Market size and forecast 2021-2026 ($ million)
Exhibit 57: Chart on Girls - Year-over-year growth 2021-2026 (%)
Exhibit 58: Data Table on Girls - Year-over-year growth 2021-2026 (%)
6.4 Boys - Market size and forecast 2021-2026
Exhibit 59: Chart on Boys - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Data Table on Boys - Market size and forecast 2021-2026 ($ million)
Exhibit 61: Chart on Boys - Year-over-year growth 2021-2026 (%)
Exhibit 62: Data Table on Boys - Year-over-year growth 2021-2026 (%)
6.5 Market opportunity by End-user
Exhibit 63: Market opportunity by End-user ($ million)
7 Market Segmentation by Distribution Channel
7.1 Market segments
Exhibit 64: Chart on Distribution Channel - Market share 2021-2026 (%)
Exhibit 65: Data Table on Distribution Channel - Market share 2021-2026 (%)
7.2 Comparison by Distribution Channel
Exhibit 66: Chart on Comparison by Distribution Channel
Exhibit 67: Data Table on Comparison by Distribution Channel
7.3 Offline - Market size and forecast 2021-2026
Exhibit 68: Chart on Offline - Market size and forecast 2021-2026 ($ million)
Exhibit 69: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
Exhibit 70: Chart on Offline - Year-over-year growth 2021-2026 (%)
Exhibit 71: Data Table on Offline - Year-over-year growth 2021-2026 (%)
7.4 Online - Market size and forecast 2021-2026
Exhibit 72: Chart on Online - Market size and forecast 2021-2026 ($ million)
Exhibit 73: Data Table on Online - Market size and forecast 2021-2026 ($ million)
Exhibit 74: Chart on Online - Year-over-year growth 2021-2026 (%)
Exhibit 75: Data Table on Online - Year-over-year growth 2021-2026 (%)
7.5 Market opportunity by Distribution Channel
Exhibit 76: Market opportunity by Distribution Channel ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 77: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 78: Chart on Market share by geography 2021-2026 (%)
Exhibit 79: Data Table on Market share by geography 2021-2026 (%)
9.2 Geographic comparison
Exhibit 80: Chart on Geographic comparison
Exhibit 81: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2021-2026
Exhibit 82: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 83: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 84: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on APAC - Year-over-year growth 2021-2026 (%)
9.4 North America - Market size and forecast 2021-2026
Exhibit 86: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 87: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 88: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 89: Data Table on North America - Year-over-year growth 2021-2026 (%)
9.5 Europe - Market size and forecast 2021-2026
Exhibit 90: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 91: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 92: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 93: Data Table on Europe - Year-over-year growth 2021-2026 (%)
9.6 South America - Market size and forecast 2021-2026
Exhibit 94: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 95: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 96: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 97: Data Table on South America - Year-over-year growth 2021-2026 (%)
9.7 Middle East and Africa - Market size and forecast 2021-2026
Exhibit 98: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 99: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 100: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 101: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
9.8 US - Market size and forecast 2021-2026
Exhibit 102: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 103: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 104: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 105: Data Table on US - Year-over-year growth 2021-2026 (%)
9.9 China - Market size and forecast 2021-2026
Exhibit 106: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 107: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 108: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 109: Data Table on China - Year-over-year growth 2021-2026 (%)
9.10 India - Market size and forecast 2021-2026
Exhibit 110: Chart on India - Market size and forecast 2021-2026 ($ million)
Exhibit 111: Data Table on India - Market size and forecast 2021-2026 ($ million)
Exhibit 112: Chart on India - Year-over-year growth 2021-2026 (%)
Exhibit 113: Data Table on India - Year-over-year growth 2021-2026 (%)
9.11 UK - Market size and forecast 2021-2026
Exhibit 114: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 115: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 116: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibit 117: Data Table on UK - Year-over-year growth 2021-2026 (%)
9.12 Germany - Market size and forecast 2021-2026
Exhibit 118: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 119: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 120: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 121: Data Table on Germany - Year-over-year growth 2021-2026 (%)
9.13 France - Market size and forecast 2021-2026
Exhibit 122: Chart on France - Market size and forecast 2021-2026 ($ million)
Exhibit 123: Data Table on France - Market size and forecast 2021-2026 ($ million)
Exhibit 124: Chart on France - Year-over-year growth 2021-2026 (%)
Exhibit 125: Data Table on France - Year-over-year growth 2021-2026 (%)
9.14 Market opportunity by geography
Exhibit 126: Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 127: Impact of drivers and challenges in 2021 and 2026
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 128: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 129: Overview on factors of disruption
11.4 Industry risks
Exhibit 130: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 131: Vendors covered
12.2 Market positioning of vendors
Exhibit 132: Matrix on vendor position and classification
12.3 adidas AG
Exhibit 133: adidas AG - Overview
Exhibit 134: adidas AG - Business segments
Exhibit 135: adidas AG - Key news
Exhibit 136: adidas AG - Key offerings
Exhibit 137: adidas AG - Segment focus
12.4 ASICS Corp.
Exhibit 138: ASICS Corp. - Overview
Exhibit 139: ASICS Corp. - Business segments
Exhibit 140: ASICS Corp. - Key news
Exhibit 141: ASICS Corp. - Key offerings
Exhibit 142: ASICS Corp. - Segment focus
12.5 Columbia Sportswear Co.
Exhibit 143: Columbia Sportswear Co. - Overview
Exhibit 144: Columbia Sportswear Co. - Business segments
Exhibit 145: Columbia Sportswear Co. - Key news
Exhibit 146: Columbia Sportswear Co. - Key offerings
Exhibit 147: Columbia Sportswear Co. - Segment focus
12.6 Crocs Retail LLC
Exhibit 148: Crocs Retail LLC - Overview
Exhibit 149: Crocs Retail LLC - Business segments
Exhibit 150: Crocs Retail LLC - Key news
Exhibit 151: Crocs Retail LLC - Key offerings
Exhibit 152: Crocs Retail LLC - Segment focus
12.7 New Balance Athletics Inc
Exhibit 153: New Balance Athletics Inc - Overview
Exhibit 154: New Balance Athletics Inc - Product / Service
Exhibit 155: New Balance Athletics Inc - Key offerings
12.8 Nike Inc
Exhibit 156: Nike Inc - Overview
Exhibit 157: Nike Inc - Business segments
Exhibit 158: Nike Inc - Key news
Exhibit 159: Nike Inc - Key offerings
Exhibit 160: Nike Inc - Segment focus
12.9 PUMA SE
Exhibit 161: PUMA SE - Overview
Exhibit 162: PUMA SE - Business segments
Exhibit 163: PUMA SE - Key news
Exhibit 164: PUMA SE - Key offerings
Exhibit 165: PUMA SE - Segment focus
12.10 Skechers USA Inc.
Exhibit 166: Skechers USA Inc. - Overview
Exhibit 167: Skechers USA Inc. - Business segments
Exhibit 168: Skechers USA Inc. - Key news
Exhibit 169: Skechers USA Inc. - Key offerings
Exhibit 170: Skechers USA Inc. - Segment focus
12.11 The Childrens Place Inc.
Exhibit 171: The Childrens Place Inc. - Overview
Exhibit 172: The Childrens Place Inc. - Business segments
Exhibit 173: The Childrens Place Inc. - Key offerings
Exhibit 174: The Childrens Place Inc. - Segment focus
12.12 Wolverine World Wide Inc.
Exhibit 175: Wolverine World Wide Inc. - Overview
Exhibit 176: Wolverine World Wide Inc. - Business segments
Exhibit 177: Wolverine World Wide Inc. - Key offerings
Exhibit 178: Wolverine World Wide Inc. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 179: Inclusions checklist
Exhibit 180: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 181: Currency conversion rates for US$
13.4 Research methodology
Exhibit 182: Research methodology
Exhibit 183: Validation techniques employed for market sizing
Exhibit 184: Information sources
13.5 List of abbreviations
Exhibit 185: List of abbreviations
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide 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.
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