Shoe with knitted upper are footwear which has its quarter, tongue, lining, and collar made of knitted material. These knitted shoe sport sock like comfort and have trendy yet athletic look. These shoes has become increasingly popular with the younger generation. The knitted upper shoe involves little to no manual labor while manufacturing and allow footwear companies to move production closer to their larger markets, reducing or eliminating the costs of shipping and tariffs.
The market of shoe with knitted upper premixes is anticipated to be primarily driven by the rise in the living standards and increase in disposable income of people around the globe. The rise in demand for this product is also attributed to the functional benefits such as the lightweight and comfort, which also supports its growth in the global market. Moreover, rise in the number of sport-inspired children and rise in concerns about foot health among customers also boost the growth of the shoe with knitted upper in the global market. However, strict implementations of government regulations toward footwear industries act as the major restraint for this industry. The upsurge in the e-commerce industry is expected to provide ample growth opportunities for this market in the future.
The shoe with knitted upper market is segmented based on type, distribution channel, and region. Based on type, the market is segmented into casual shoes, sports shoes, and running shoes. Based on distribution channel, the market is divided into supermarkets & hypermarkets, specialty stores, e-commerce, and others. By region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the report include Adidas AG, Asics Corporation, FILA Korea ltd., Jack Wolfskin GmbH & Co. KGaA, K-SWISS (E. Land World Company, ltd.), New Balance, Nike, Inc., Puma SE (Kering), Skechers USA, Inc. and VF Corporation (VFC).
KEY BENEFITS FOR STAKEHOLDERS
KEY MARKET SEGMENTS
o Sports Shoes
o Running Shoes
o Specialty Stores
o E-Commerce
o Others
The market of shoe with knitted upper premixes is anticipated to be primarily driven by the rise in the living standards and increase in disposable income of people around the globe. The rise in demand for this product is also attributed to the functional benefits such as the lightweight and comfort, which also supports its growth in the global market. Moreover, rise in the number of sport-inspired children and rise in concerns about foot health among customers also boost the growth of the shoe with knitted upper in the global market. However, strict implementations of government regulations toward footwear industries act as the major restraint for this industry. The upsurge in the e-commerce industry is expected to provide ample growth opportunities for this market in the future.
The shoe with knitted upper market is segmented based on type, distribution channel, and region. Based on type, the market is segmented into casual shoes, sports shoes, and running shoes. Based on distribution channel, the market is divided into supermarkets & hypermarkets, specialty stores, e-commerce, and others. By region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the report include Adidas AG, Asics Corporation, FILA Korea ltd., Jack Wolfskin GmbH & Co. KGaA, K-SWISS (E. Land World Company, ltd.), New Balance, Nike, Inc., Puma SE (Kering), Skechers USA, Inc. and VF Corporation (VFC).
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an in-depth analysis of the current trends, drivers, and dynamics of the shoe with knitted upper market to elucidate the prevailing opportunities and potential investment pockets.
- It offers qualitative trends as well as quantitative analysis from 2018 to 2025 to assist stakeholders to understand the market scenario.
- In-depth analysis of the key segments demonstrates the types of shoe with knitted upper.
- Competitive intelligence of the industry highlights the business practices followed by key players across geographies and the prevailing market opportunities.
- The key players are profiled along with their strategies and developments to understand the competitive outlook of the industry.
KEY MARKET SEGMENTS
- By Product Type
o Sports Shoes
o Running Shoes
- By Distribution Channel
o Specialty Stores
o E-Commerce
o Others
- By Region
- U.S.
- Canada
- Mexico
- Germany
- UK
- France
- Russia
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Table of Contents
Chapter 1: INTRODUCTION
Chapter 2: EXECUTIVE SUMMARY
Chapter 3: MARKET OVERVIEW
Chapter 4: SHOE WITH KNITTED UPPER, BY SHOE TYPE
Chapter 5: SHOE WITH KNITTED UPPER, BY DISTRIBUTION CHANNEL
Chapter 6: SHOE WITH KNITTED UPPER, BY REGION
Chapter 7: COMPANY PROFILES
Executive Summary
According to this report titled, 'Shoe with knitted upper Market by Type and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,' the global shoe with knitted upper market size was $2,031.0 million in 2017 and is estimated to reach $3,195.1 million in 2025 growing at a CAGR of 5.9% through the forecast period. The casual shoe segment dominated the global shoe with knitted upper market in 2017 and is expected to maintain the dominance throughout the shoe with knitted upper market forecast period. Shoe with knitted upper are footwear in which the upper part of the shoe is made using machine knitted fabric. These shoes provide sock like comfort and maintain a trendy yet athletic look. The shoe with knitted upper has become increasingly popular among the younger generation owing to high influence of sports. The knitted upper shoe requires very little manual labor while manufacturing, which allows footwear manufacturers to move production closer to their larger markets, which decreases the costs of shipping and tariffs.The shoe with knitted upper market is driven by the increase in disposable income of people along with rise in the living standards of consumers around the globe. The rise in demand for this product is also attributed to the functional benefits it provides such as being lightweight and comfortable. Moreover, rise in the number of sports inspired children and increasing concerns about foot health among customers also fuel the growth of the market. However, strict implementations of government regulations toward footwear industries acts as the major restraint for this shoe with knitted upper market. The upsurge in the e-commerce industry is expected to provide ample opportunities for this in the future.
The has been segmented based on type, distribution channel, and region. Based on type, the market is classified into casual shoes, sports shoes, and running shoes. Based on the distribution channel, the market is divided into supermarkets & hypermarkets, specialty stores, e-commerce, and others. By region, the shoe with knitted upper market has been studied across North America, Europe, Asia-Pacific, and LAMEA.
In 2017, the casual shoe segment had the highest share in the market owing to the increase in the disposable income of consumers all over the world and increase in influence of online shopping. However, the running shoe is expected to witness the highest CAGR of 7.1% throughout the forecast period due to rise in number of sport-inspired children as well as growth in trend of health and fitness among consumers.
In 2017, the specialty store dominated the distribution channel segment in the market. This was due to the factor of immediate gratification and the option of trail before purchase. However, e-commerce segment is expected to witness the highest growth rate during the forecast period owing to the increase in penetration of internet and smartphones all around the world.
Key Findings of the Shoe With Knitted Upper Market:
Based on type, the casual shoes segment was the highest contributor to the shoe with knitted upper market growth and is expected to grow at a CAGR of 5.0%, from 2018 to 2025.
Based on distribution channel, the specialty stores segment was the highest contributor to the shoe with knitted upper market in terms of value in 2017 and is estimated to grow at a CAGR of 4.4% from 2018 to 2025.
Based on type, the running shoes segment is expected to grow at the highest CAGR of 7.1% from 2018 to 2025.
Based on distribution channel, the e-commerce segment accounted for less than one-third in the shoe with knitted upper market share in 2017 and is estimated to grow at a CAGR of 8.0%.
Based on distribution channel, the others segment accounted is anticipated to grow at the higher CAGR of 6.2% during the forecast period.
In terms of value, Europe and Asia-Pacific collectively contributed over half of the global shoe with knitted upper market in 2017. The key players profiled in the report shoe with knitted upper industry include Adidas AG, Asics Corporation, FILA Korea Ltd., Jack Wolfskin GmbH & Co. KGaA, K-SWISS (E. Land World Company, Ltd.), New Balance, Nike, Inc., Puma SE (Kering), Skechers USA, Inc., and VF Corporation (VFC).'
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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