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Global Custom Shoes Market to be Driven by Increasing Demand from Global Footwear Market, Growing at a CAGR of 4% During 2021-2026

According to a new report by EMR titled, ‘Global Custom Shoes Market Report and Forecast 2021-2026’, the market is majorly driven by global footwear market that is expected to grow at a CAGR of 4% in the forecast period of 2021-2026.

The demand for footwear has been rising rapidly across the world because of the economic development and urbanisation. This footwear demand is leading to a surge in the growth of custom shoes which are made as per the specification of the customers. The custom shoes are experiencing a boost in the demand because of their great quality and best comfort provided to the individual customer. The expansion of the online distribution channel across the world is providing impetus to the growth of custom shoes industry. The e-commerce platforms allow the customers to specify their customizations while staying in their homes and then getting it delivered to their footsteps. This process increases the convenience the saves the valuable time of the customers.

The 3D printing technology has accelerated the growth of custom shoes industry. The 3D printing allows more customization flexibility to the consumers while reducing the time and labour required for shoe manufacturing. The huge popularity of social media is also propelling the custom shoe market. The social media helps in quick dissemination of the information related to the new and emerging fashion trends. The marketing for custom shoes is also easy through the social media platforms which augments the custom shoe demand.

The major players in footwear industry are also attempting to enter the custom shoes market. Nike (NYSE: NKE) announced on February 17, 2020 that its Air Max 90 will be allowed under its customising shoe initiative Nike by You. The customers can choose the upper graphics and speckled midsoles to their liking. The personalization option will also extend to the shoe’s ‘90s era outsole options and Nike’s Airmax logo. The increasing trend of customization of shoes will boost the market for global custom shoes.

Market Analysis by Product, Distribution Channel, End Use and Regions:

  • The types of custom shoes products are running shoes, walking shoes, aerobic shoes, trekking shoes, and sports shoes, among others.
  • The distribution channels for custom shoes are offline and online.
  • The end users for the industry are men and women.
  • The regional markets for custom shoes include North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The emergence of new fashion trends and special events is driving the market for custom shoes.
  • The adoption of 3D printing technology is accelerating the demand for custom shoes market.
  • The rising population, urbanisation and economic growth is leading to burgeoning of the demand for custom shoes.
  • The e-commerce platforms are providing impetus to the growth of custom shoes industry.
  • The growing popularity of social media will augment the demand for custom shoes market.

Key Offerings of the report:

  • The EMR report gives an overview of the global custom shoes industry for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecasted (2021-2026) markets for the products, distribution channel, end use and major regions of custom shoes industry. 
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global custom shoes market are AliveShoes Inc., Bionda Castana Ltd, Edward Green & Co. Ltd., Crockett & Jones Ltd., Italian Shoe Factory and Toesmith Shoes, Inc. among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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