The global footwear manufacturing machines market size reached US$ 21.6 billion in 2023. The market is projected to reach US$ 31.0 billion by 2032, exhibiting a growth rate (CAGR) of 4.12% during 2023-2032. Increasing sales of superior quality footwear, rising adoption of sustainable materials, and the growing social media influence represent some of the key factors driving the market.
Footwear is worn on the feet for protection and providing comfort and it comprises athletic shoes, non-athletic shoes, boots, sandals, and slippers, which can be made in several sizes and shapes to fit different feet. It is manufactured using various materials, such as leather, wood, canvas, jute, plastics, and rubber. It involves the use of multiple machines and equipment, such as cutting machines, stitching machines, lasting machines, and finishing equipment, in the manufacturing process. At present, the growing popularity of high-end fashion brands as a status symbol is influencing the demand for footwear manufacturing machines positively across the globe. Besides this, the increasing use of automation and robotics in footwear manufacturing for several tasks, such as material handling, stitching, and quality inspection, to reduce labor costs and improve efficiency is catalyzing the demand for these machines worldwide.
Footwear is worn on the feet for protection and providing comfort and it comprises athletic shoes, non-athletic shoes, boots, sandals, and slippers, which can be made in several sizes and shapes to fit different feet. It is manufactured using various materials, such as leather, wood, canvas, jute, plastics, and rubber. It involves the use of multiple machines and equipment, such as cutting machines, stitching machines, lasting machines, and finishing equipment, in the manufacturing process. At present, the growing popularity of high-end fashion brands as a status symbol is influencing the demand for footwear manufacturing machines positively across the globe. Besides this, the increasing use of automation and robotics in footwear manufacturing for several tasks, such as material handling, stitching, and quality inspection, to reduce labor costs and improve efficiency is catalyzing the demand for these machines worldwide.
Footwear Manufacturing Machines Market Trends
Increasing sales of superior quality footwear on account of the improving living standards and expanding purchasing power of individuals represent one of the major factors driving the demand for footwear manufacturing machines around the world. Moreover, due to the rising environmental impact, several footwear manufacturers are adopting the use of sustainable materials, such as recycled and plant-based materials, to minimize carbon footprints. In line with this, footwear companies are offering customization options for footwear to enhance the experience of the individual. Additionally, the growing influence of social media, changing fashion and aesthetic trends, and the flourishing fashion industry is influencing the market positively. Apart from this, there is a rise in the integration of artificial intelligence (AI), machine learning (ML), sensors, the internet of things (IoT), and 3D printing technologies in footwear manufacturing machines to analyze data and optimize the production process. These advanced technologies also help monitor, control, and identify patterns and trends in the data and detect potential issues and areas for improvement. This, along with the advent of computer aided design (CAD) and computer aided manufacturing (CAM) software to enable greater precision and efficiency in the production process, is propelling the growth of the market. Furthermore, the easy availability of footwear across e-commerce platforms is creating a positive outlook for the market.Key Market Segmentation:
The report provides an analysis of the key trends in each segment of the global footwear manufacturing machines market, along with forecasts at the global, regional, and country level from 2023-2032. The report has categorized the market based on solutions, machine type, and end user.Solutions Insights:
- Product
- Cutting Machine
- Lasting Machine
- Shoe Stitching Machine
- Closing Machines (Upper Assembly)
- Bottoming Machines
- Finishing Machines
- Others
- Services
- Maintenance
- Repair
Machine Type Insights:
- Manual
- Automatic
- Semi-Automatic
End User Insights:
- Designer
- Commercial
- Athletic
- Casual
- Military
- Others
Regional Insights:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape
The report has also provided a comprehensive analysis of the competitive landscape in the global tea market. Detailed profiles of all major companies have also been provided. Some of the companies covered ALC Tecnologie Adesive S.r.l., Atom S.p.A, Brustia Alfameccanica S.r.l., Comelz Spa, Dongguan Kingstone Shoe-making Machinery Co. Ltd., Gusbi SpA, Kou Yi Iron Works Co. Ltd., Orisol Taiwan Ltd., True Ten Industrial Co. Ltd., etc.Key Questions Answered in This Report:
- How has the global footwear manufacturing machines market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global footwear manufacturing machines market?
- What is the impact of each driver, restraint, and opportunity on the global footwear manufacturing machines market?
- What are the key regional markets?
- Which countries represent the most attractive footwear manufacturing machines markets?
- What is the breakup of the market based on the solutions?
- Which is the most attractive solutions in the footwear manufacturing machines market?
- What is the breakup of the market based on the machine type?
- Which is the most attractive machine type in the footwear manufacturing machines market?
- What is the breakup of the market based on the end user?
- Which is the most attractive end user in the footwear manufacturing machines market?
- What is the competitive structure of the global footwear manufacturing machines market?
- Who are the key players/companies in the global footwear manufacturing machines market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Footwear Manufacturing Machines Market
6 Market Breakup by Solutions
7 Market Breakup by Machine Type
8 Market Breakup by End User
9 Market Breakup by Region
10 Drivers, Restraints, and Opportunities
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- ALC Tecnologie Adesive S.r.l.
- Atom S.p.A
- Brustia Alfameccanica S.r.l.
- Comelz Spa
- Dongguan Kingstone Shoe-making Machinery Co. Ltd.
- Gusbi SpA
- Kou Yi Iron Works Co. Ltd.
- Orisol Taiwan Ltd.
- True Ten Industrial Co. Ltd.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 143 |
| Published | January 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 21.6 Billion |
| Forecasted Market Value ( USD | $ 31 Billion |
| Compound Annual Growth Rate | 4.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 9 |
