Children's Footwear Market to grow by USD 17.53 Bn; Driven by product premiumization led by design and material innovation -- Technavio

NEW YORK, Oct. 7, 2022 /PRNewswire/ -- The "Global Children's Footwear Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026" report has been added to Technavio's offering. The report expects the market size to grow by USD 17.53 billion between 2021 and 2026. However, the growth momentum is expected to decelerate at a CAGR of 8.12% during the forecast period. The report provides a detailed analysis of the factors impacting market size, the latest trends, key segments to invest in over the forecast period, and regional growth opportunities. Download PDF Report Sample

The market is driven by product premiumization led by design and material innovation. The continuous changes in the fashion industry coupled with evolving consumer demands are driving vendors to constantly innovate and introduce new footwear patterns and designs. They are regularly expanding their brand and product lines. Besides, vendors are increasing the availability of premium products that offer luxury appeal and can also be used as party wear. The introduction of such products is crucial in attracting consumer interest. Also, the high demand and premiumization allow manufacturers to increase the prices of their products. As a result of these factors, market growth is expected to accelerate over the forecast period.

As per Technavio, the increase in demand for customized footwear 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 influence market growth.

The customization of children's footwear is an emerging trend in the market. The vendors are offering a wide range of customization options such as the use of hard metals, such as gold and silver, and precious stones, such as diamonds. The demand for such customized children's footwear has gained significant momentum in developed regions such as Europe and North America over the years. Emerging markets such as China and India are also witnessing a rise in the demand for customized footwear. This trend is expected to foster the growth of the global children's footwear market during the forecast period.

This market research report segments the children's footwear market by distribution channel (offline and online) and geography (APAC, North America, Europe, South America, and the Middle East and Africa).

The offline segment accounted for maximum sales in the market in 2021. The segment comprises brand-owned stores, multi-brand stores, apparel stores, fashion and personal accessories stores, baby product stores, and sports equipment stores. The availability of all products at a single stop is the major factor driving the growth of the segment.

The APAC region led the children's footwear market in 2021, followed by North America, Europe, South America, and the Middle East and Africa respectively. During the forecast period, the APAC region is expected to register the highest incremental growth. Rising disposable income, rising birth rate, and growing urbanization are driving the growth of the children's footwear market in APAC.

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 Sample Report Here

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

• Online Footwear Market Growth, Size, Trends, Analysis Report by Type, Application, Region, and Segment Forecast 2021-2025
• Athletic Footwear Market Growth, Size, Trends, Analysis Report by Type, Application, Region, and Segment Forecast 2021-2025

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 Distribution Channel

                                Exhibit 06:  Executive Summary – Chart on Incremental Growth

                                Exhibit 07:  Executive Summary – Data Table on Incremental Growth

                                Exhibit 08:  Executive Summary – Chart on Vendor Market Positioning

2. Market Landscape                             

                2.1 Market ecosystem             

                                Exhibit 09:  Parent market

                                Exhibit 10:  Market characteristics

3. Market Sizing                       

                3.1 Market definition

                                Exhibit 11:  Offerings of vendors included in the market definition

                3.2 Market segment analysis 

                                Exhibit 12:  Market segments

                3.3 Market size 2021 

                3.4 Market outlook: Forecast for 2021 - 2026 

                                Exhibit 13:  Chart on Global - Market size and forecast 2021-2026 ($ million)

                                Exhibit 14:  Data Table on Global - Market size and forecast 2021-2026 ($ million)

                                Exhibit 15:  Chart on Global Market: Year-over-year growth 2021-2026 (%)

                                Exhibit 16:  Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4. Five Forces Analysis                          

                4.1 Five Forces Summary        

                                Exhibit 17:  Five forces analysis - Comparison between 2021 and 2026

                4.2 Bargaining power of buyers           

                                Exhibit 18:  Bargaining power of buyers – Impact of key factors in 2021 and 2026

                4.3 Bargaining power of suppliers       

                                Exhibit 19:  Bargaining power of suppliers – Impact of key factors in 2021 and 2026

                4.4 Threat of new entrants    

                                Exhibit 20:  Threat of new entrants – Impact of key factors in 2021 and 2026

                4.5 Threat of substitutes         

                                Exhibit 21:  Threat of substitutes – Impact of key factors in 2021 and 2026

                4.6 Threat of rivalry   

                                Exhibit 22:  Threat of rivalry – Impact of key factors in 2021 and 2026

                4.7 Market condition

                                Exhibit 23:  Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Distribution Channel                      

                5.1 Market segments

                                Exhibit 24:  Chart on Distribution Channel - Market share 2021-2026 (%)

                                Exhibit 25:  Data Table on Distribution Channel - Market share 2021-2026 (%)

                5.2 Comparison by Distribution Channel          

                                Exhibit 26:  Chart on Comparison by Distribution Channel

                                Exhibit 27:  Data Table on Comparison by Distribution Channel

                5.3 Offline - Market size and forecast 2021-2026           

                                Exhibit 28:  Chart on Offline - Market size and forecast 2021-2026 ($ million)

                                Exhibit 29:  Data Table on Offline - Market size and forecast 2021-2026 ($ million)

                                Exhibit 30:  Chart on Offline - Year-over-year growth 2021-2026 (%)

                                Exhibit 31:  Data Table on Offline - Year-over-year growth 2021-2026 (%)

                5.4 Online - Market size and forecast 2021-2026            

                                Exhibit 32:  Chart on Online - Market size and forecast 2021-2026 ($ million)

                                Exhibit 33:  Data Table on Online - Market size and forecast 2021-2026 ($ million)

                                Exhibit 34:  Chart on  Online - Year-over-year growth 2021-2026 (%)

                                Exhibit 35:  Data Table on Online - Year-over-year growth 2021-2026 (%)

                5.5 Market opportunity by Distribution Channel           

                                Exhibit 36:  Market opportunity by Distribution Channel ($ million)

6. Customer landscape                         

                6.1 Customer landscape overview      

                                Technavio's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

                                Exhibit 37:  Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7. Geographic Landscape                     

                7.1 Geographic segmentation

                                Exhibit 38:  Chart on Market share by geography 2021-2026 (%)

                                Exhibit 39:  Data Table on Market share by geography 2021-2026 (%)

                7.2 Geographic comparison   

                                Exhibit 40:  Chart on Geographic comparison

                                Exhibit 41:  Data Table on Geographic comparison

                7.3 APAC - Market size and forecast 2021-2026              

                                Exhibit 42:  Chart on APAC - Market size and forecast 2021-2026 ($ million)

                                Exhibit 43:  Data Table on APAC - Market size and forecast 2021-2026 ($ million)

                                Exhibit 44:  Chart on APAC - Year-over-year growth 2021-2026 (%)

                                Exhibit 45:  Data Table on APAC - Year-over-year growth 2021-2026 (%)

                7.4 North America - Market size and forecast 2021-2026           

                                Exhibit 46:  Chart on  North America - Market size and forecast 2021-2026 ($ million)

                                Exhibit 47:  Data Table on  North America - Market size and forecast 2021-2026 ($ million)

                                Exhibit 48:  Chart on  North America - Year-over-year growth 2021-2026 (%)

                                Exhibit 49:  Data Table on  North America - Year-over-year growth 2021-2026 (%)

                7.5 Europe - Market size and forecast 2021-2026          

                                Exhibit 50:  Chart on Europe - Market size and forecast 2021-2026 ($ million)

                                Exhibit 51:  Data Table on Europe - Market size and forecast 2021-2026 ($ million)

                                Exhibit 52:  Chart on Europe - Year-over-year growth 2021-2026 (%)

                                Exhibit 53:  Data Table on Europe - Year-over-year growth 2021-2026 (%)

                7.6 South America - Market size and forecast 2021-2026           

                                Exhibit 54:  Chart on South America - Market size and forecast 2021-2026 ($ million)

                                Exhibit 55:  Data Table on South America - Market size and forecast 2021-2026 ($ million)

                                Exhibit 56:  Chart on South America - Year-over-year growth 2021-2026 (%)

                                Exhibit 57:  Data Table on South America - Year-over-year growth 2021-2026 (%)

                7.7 Middle East and Africa - Market size and forecast 2021-2026            

                                Exhibit 58:  Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)

                                Exhibit 59:  Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)

                                Exhibit 60:  Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)

                                Exhibit 61:  Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

                7.8 US - Market size and forecast 2021-2026   

                                Exhibit 62:  Chart on US - Market size and forecast 2021-2026 ($ million)

                                Exhibit 63:  Data Table on US - Market size and forecast 2021-2026 ($ million)

                                Exhibit 64:  Chart on US - Year-over-year growth 2021-2026 (%)

                                Exhibit 65:  Data Table on US - Year-over-year growth 2021-2026 (%)

                7.9 China - Market size and forecast 2021-2026             

                                Exhibit 66:  Chart on China - Market size and forecast 2021-2026 ($ million)

                                Exhibit 67:  Data Table on China - Market size and forecast 2021-2026 ($ million)

                                Exhibit 68:  Chart on China - Year-over-year growth 2021-2026 (%)

                                Exhibit 69:  Data Table on China - Year-over-year growth 2021-2026 (%)

                7.10 UK - Market size and forecast 2021-2026

                                Exhibit 70:  Chart on UK - Market size and forecast 2021-2026 ($ million)

                                Exhibit 71:  Data Table on UK - Market size and forecast 2021-2026 ($ million)

                                Exhibit 72:  Chart on UK - Year-over-year growth 2021-2026 (%)

                                Exhibit 73:  Data Table on UK - Year-over-year growth 2021-2026 (%)

                7.11 Germany - Market size and forecast 2021-2026    

                                Exhibit 74:  Chart on Germany - Market size and forecast 2021-2026 ($ million)

                                Exhibit 75:  Data Table on Germany - Market size and forecast 2021-2026 ($ million)

                                Exhibit 76:  Chart on Germany - Year-over-year growth 2021-2026 (%)

                                Exhibit 77:  Data Table on Germany - Year-over-year growth 2021-2026 (%)

                7.12 India - Market size and forecast 2021-2026            

                                Exhibit 78:  Chart on India - Market size and forecast 2021-2026 ($ million)

                                Exhibit 79:  Data Table on India - Market size and forecast 2021-2026 ($ million)

                                Exhibit 80:  Chart on India - Year-over-year growth 2021-2026 (%)

                                Exhibit 81:  Data Table on India - Year-over-year growth 2021-2026 (%)

                7.13 Market opportunity by geography            

                                Exhibit 82:  Market opportunity by geography ($ million)

8. Drivers, Challenges, and Trends                   

                8.1 Market drivers     

                                8.1.1 Product premiumization led by design and material innovation

                                8.1.2 Rise in demand for children's design footwear

                                8.1.3 Growing focus on DTC channel expansion by vendors

                8.2 Market challenges              

                                8.2.1 Presence of counterfeit products

                                8.2.2 Fluctuations in prices of raw materials

                                8.2.3 Increasing labor cost

                8.3 Impact of drivers and challenges  

                                Exhibit 83:  Impact of drivers and challenges in 2021 and 2026

                8.4 Market trends      

                                8.4.1 Increase in demand for customized footwear

                                8.4.2 Introduction of smart shoes

                                8.4.3 Rising demand for footwear made from organic raw materials

9. Vendor Landscape                             

                9.1 Overview

                9.2 Vendor landscape

                                Exhibit 84:  Overview on Criticality of inputs and Factors of differentiation

                                The potential for the disruption of the market landscape was moderate in 2020, and its threat is expected to remain unchanged by 2025. 

                9.3 Landscape disruption        

                                Exhibit 85:  Overview on factors of disruption

                9.4 Industry risks        

                                Exhibit 86:  Impact of key risks on business

10. Vendor Analysis               

                10.1 Vendors covered              

                                Exhibit 87:  Vendors covered

                10.2 Market positioning of vendors    

                                Exhibit 88:  Matrix on vendor position and classification

                10.3 adidas AG            

                                Exhibit 89: adidas AG - Overview

                                Exhibit 90: adidas AG - Business segments

                                Exhibit 91: adidas AG - Key news

                                Exhibit 92: adidas AG - Key offerings

                                Exhibit 93: adidas AG - Segment focus

                10.4 ANTA Sports Products Ltd.            

                                Exhibit 94: ANTA Sports Products Ltd. - Overview

                                Exhibit 95: ANTA Sports Products Ltd. - Business segments

                                Exhibit 95: ANTA Sports Products Ltd. - Key news

                                Exhibit 96: ANTA Sports Products Ltd. - Key offerings

                                Exhibit 97: ANTA Sports Products Ltd. - Segment focus

                10.5 ASICS Corp.         

                                Exhibit 98: ASICS Corp. - Overview

                                Exhibit 99: ASICS Corp. - Business segments

                                Exhibit 100: ASICS Corp. - Key news

                                Exhibit 101: ASICS Corp. - Key offerings

                                Exhibit 102: ASICS Corp. - Segment focus

                10.6 Crocs Inc.

                                Exhibit 103: Crocs Inc. - Overview

                                Exhibit 104: Crocs Inc. - Business segments

                                Exhibit 105: Crocs Inc. - Key news

                                Exhibit 106: Crocs Inc. - Key offerings

                                Exhibit 107: Crocs Inc. - Segment focus

                10.7 Dolce and Gabbana Srl   

                                Exhibit 108: Dolce and Gabbana Srl - Overview

                                Exhibit 109: Dolce and Gabbana Srl - Business segments

                                Exhibit 110: Dolce and Gabbana Srl - Key offerings

                10.8 New Balance Athletics Inc.            

                                Exhibit 111: New Balance Athletics Inc. - Overview

                                Exhibit 112: New Balance Athletics Inc. - Business segments

                                Exhibit 113: New Balance Athletics Inc. - Key offerings

                10.9 Nike Inc.

                                Exhibit 114: Nike Inc. - Overview

                                Exhibit 115: Nike Inc. - Business segments

                                Exhibit 116: Nike Inc. - Key news

                                Exhibit 117: Nike Inc. - Key offerings

                                Exhibit 118: Nike Inc. - Segment focus

                10.10 PUMA SE           

                                Exhibit 119: PUMA SE - Overview

                                Exhibit 120: PUMA SE - Business segments

                                Exhibit 121: PUMA SE - Key news

                                Exhibit 122: PUMA SE - Key offerings

                                Exhibit 123: PUMA SE - Segment focus

                10.11 Skechers USA Inc.          

                                Exhibit 124: Skechers USA Inc. - Overview

                                Exhibit 125: Skechers USA Inc. - Business segments

                                Exhibit 126: Skechers USA Inc. - Key news

                                Exhibit 127: Skechers USA Inc. - Key offerings

Technavio is a leading global technology research and advisory company. Their research and analysis focus 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.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio