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Rising shift in consumers' lifestyles and health consciousness to catalyze market growth
- Increasing disposable incomes and upgrading lifestyles of consumers are positively influencing the growth of wellness and hospitality industry. Rising concern over personal appearances and health among baby boomers and millennials will also lead to the increase in the number of spa centers and hotels.
- The rising number of spa centers and hotels for catering the exponentially rising demand for spa treatments will further fuel the need for disposable slippers during the forecast period.
- The advent of wellness tourism will also offer immense growth opportunities for disposable slippers market. Spas are an integral component of wellness tourism encouraging travelers to opt for stress relieving therapies when on a vacation. This will further drive the market growth during the forecast period.
Get Disposable Slippers Market Overview
Closed-toe slippers accounted for the largest disposable slippers market share in 2019.
- Based on product, the disposable slippers market is segmented into closed-toe, open-toe, and flip-flop.
- In 2019, the closed-toe slippers accounted for the largest share of the global market due to their increasing uses in airlines, hotels, and hospitals.
- The segment will continue to hold the largest share due to a high demand for these slippers due to an improved sense of hygiene associated with them.
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APAC is expected to show the highest growth during forecast period.
- Based on geography, the disposable slippers market is segmented into APAC, Europe, MEA, North America, and South America.
- By 2024, APAC will account for the highest growth due to the rising number of hotels and spas in this region, particularly in emerging as well as advanced economies including China and Japan.
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Prominent Player Analysis
- The disposable slippers market is fragmented with players categorized as pure-play, industry-focused and dominant players in this report.
- Vendors in the market are focusing on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
- This market forecast provides information on the competencies and capacities of these companies such as Appearus Products Corp., Dispowear Sterite Co., and Huini USA Beauty LLC.
- In addition, the disposable slippers forecast report by Technavio provides information on the production, sustainability, and prospects of several leading companies, including IBI Beauty, LSL HEALTHCARE Inc., Mediblue Health Care Pvt. Ltd., Milestone Corporate Services Pvt Ltd., Shenzhen Haon Hotel Products Co., Universal Textiles UK Ltd., and Yellow Mountain Imports Inc.
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