According to newly released data by Future Market Insights (FMI), the Baby Shoes Market is estimated at US$ 37,013 million in 2022 and is projected to reach US$ 82,920 million by 2032, at a CAGR of ~8.4% from 2022 to 2032.
In the last five years, the market for baby food, shoes, clothing, and skin care has grown at a reasonable rate. There is also a psychological component that a family with an only child is more willing to spend a substantial sum of money owing to the uniqueness of the child.
An increase in demand for personalised shoes is one of the important market trends driving the growth of the children’s footwear market. Leading premium market providers offer customised products with an aesthetic appeal. E-commerce is getting increasingly popular. As a result, it can be claimed that the baby shoe market is particularly tempting to potential new players and may offer expansion opportunities.
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Manufacturers of baby shoes have been looking for markets with a large number of potential customers. It is most likely a country with a high birth rate or a large population. As a result, several European manufacturers are attempting to introduce their products into the markets of India and China.
Key Takeaways from the Baby Shoes Market Study
- E-commerce is expected to be the leading sales channel during the forecast period. As customer preferences shift, more individuals prefer internet retailing to traditional brick-and-mortar establishments. As a result, companies are expanding their online market presence. One of the primary aspects driving the growth of the online sales channel is the availability of a diverse assortment of baby shoes.
- During the projection period, APAC will drive market growth. China and India are the two most important markets in APAC for children’s footwear. The market in this region will expand quicker than the market in other regions.
”In the future years, the baby shoe market is predicted to rise at a steady rate. The global baby shoes market is being driven by an increase in demand for stylish, elegant, yet comfortable footwear for children.” Says an FMI analyst.
Who is winning?
Leading players operating in the Baby Shoes market are
- Yoyo Booties
- Combi
- Goodbaby
- Pigeon
- Procter & Gamble
- Baby Jay
- Oasis Shoes
- Adidas
- New Balance
- Nike
- Trimfoot Co, LLC
- Carter’s, Inc
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Key Points Covered in Baby Shoes Market Survey
- Market estimates and forecast 2017 to 2032
- Key drivers and restraints impacting market growth
- Segment-wise, Country-wise, and Region-wise Analysis
- Competition Mapping and Benchmarking
- Brand share and Market Share Analysis
- Key Product Innovations and Regulatory Climate
- COVID-19 Impact on Baby Shoes Market and How to Navigate
- Recommendation on Key Winning Strategies
Baby Shoes Market by Category
By Material
- Synthetic
- Cotton
- Leather
- Others
By Consumer Orientation
- Boys
- Girls
By Closure Type
- Laces
- Velcro
- Straps
- Zippers
By Sales Channel
- Multi-brand Stores
- Independent Small Stores
- Online Retailers
- Other Sales Channel
By Region
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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