The Europe Luxury Footwear Market is expected to witness market growth of 11.6% CAGR during the forecast period (2020-2026).
Though the technical term luxury good is self-determining of the goods' quality, they are largely considered to be goods used by the higher end of the market in terms of price and quality. Classic luxury goods comprise Haute accessories, couture clothing, and luggage. Luxury fashion is categorized by high price points, assigning it outside the category of goods that are simply essential for daily life. Preferably, this high price point is reasonable by the class of the item, which will usually use higher quality design, materials, and craftsmanship in its production. Irrespective of the cost of materials and labor, however, luxury fashion normally maintains a great profit margin, meaning that even after subtracting the expenses, luxury brands create a lot of money from the sale of each product.
The increasing importance of luxury footwear is due to the fact that these shoes are seen as a reflection of one’s professionalism at the place of work, predominantly in fashion and corporate industries, is anticipated to persist a prominent factor boosting the product demand. Increasing demand for luxury footwear informal shoes segment has made manufacturers to give personalization options in their product. For example, Girotti SRL, an Italy-based luxury shoe company, compromises customization informal shoes regarding premium leather selection, color, size, designs, and personalized message.
Based on Product, the market is segmented into Formal Footwear and Casual Footwear. Based on End User, the market is segmented into Women, Men and Children. Based on Distribution Channel, the market is segmented into Online and Offline. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Adidas AG, LVMH SE, Chanel S.A., Prada S.p.A., Salvatore Ferragamo S.p.A, Sitoy Group Holdings Ltd. (A. Testoni), Airwair International Ltd. (Dr. Martens) (Permira), Base London, Ltd., Lottusse S.A. and Burberry Group PLC
Scope of the Study
Market Segments Covered in the Report:
By Product
By End User
By Distribution Channel
By Country
Companies Profiled
Unique Offerings
Though the technical term luxury good is self-determining of the goods' quality, they are largely considered to be goods used by the higher end of the market in terms of price and quality. Classic luxury goods comprise Haute accessories, couture clothing, and luggage. Luxury fashion is categorized by high price points, assigning it outside the category of goods that are simply essential for daily life. Preferably, this high price point is reasonable by the class of the item, which will usually use higher quality design, materials, and craftsmanship in its production. Irrespective of the cost of materials and labor, however, luxury fashion normally maintains a great profit margin, meaning that even after subtracting the expenses, luxury brands create a lot of money from the sale of each product.
The increasing importance of luxury footwear is due to the fact that these shoes are seen as a reflection of one’s professionalism at the place of work, predominantly in fashion and corporate industries, is anticipated to persist a prominent factor boosting the product demand. Increasing demand for luxury footwear informal shoes segment has made manufacturers to give personalization options in their product. For example, Girotti SRL, an Italy-based luxury shoe company, compromises customization informal shoes regarding premium leather selection, color, size, designs, and personalized message.
Based on Product, the market is segmented into Formal Footwear and Casual Footwear. Based on End User, the market is segmented into Women, Men and Children. Based on Distribution Channel, the market is segmented into Online and Offline. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Adidas AG, LVMH SE, Chanel S.A., Prada S.p.A., Salvatore Ferragamo S.p.A, Sitoy Group Holdings Ltd. (A. Testoni), Airwair International Ltd. (Dr. Martens) (Permira), Base London, Ltd., Lottusse S.A. and Burberry Group PLC
Scope of the Study
Market Segments Covered in the Report:
By Product
- Formal Footwear
- Casual Footwear
By End User
- Women
- Men
- Children
By Distribution Channel
- Online
- Offline
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Companies Profiled
- Adidas AG
- LVMH SE
- Chanel S.A.
- Prada S.p.A.
- Salvatore Ferragamo S.p.A
- Sitoy Group Holdings Ltd. (A. Testoni)
- Airwair International Ltd. (Dr. Martens) (Permira)
- Base London, Ltd.
- Lottusse S.A.
- Burberry Group PLC
Unique Offerings
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. Europe Luxury Footwear Market by Product
Chapter 5. Europe Luxury Footwear Market by End User
Chapter 6. Europe Luxury Footwear Market by Distribution Channel
Chapter 7. Europe Luxury Footwear Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Adidas AG
- LVMH SE
- Chanel S.A.
- Prada S.p.A.
- Salvatore Ferragamo S.p.A
- Sitoy Group Holdings Ltd. (A. Testoni)
- Airwair International Ltd. (Dr. Martens) (Permira)
- Base London, Ltd.
- Lottusse S.A.
- Burberry Group PLC
Methodology
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