Allied Market Research published a new report, titled, “Children Shoes Market” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.
Rise in the fashion industry, a boost in demand for footwear, and an increase in population can be factors that can drive the growth of the global children shoe market. Apart from that, a rise in living standards and disposable income can be the factors for the growth of the market. Furthermore, the rise in the feet problems and customization of products can contribute to the growth of the global children shoe market. However, rise in the cost and duplicate products can hinder the growth of the market. The rise in the cost of raw material like leather can hamper the growth.
Contrarily, the rapid growth of e-commerce and growth in footwear brands can be an opportunity for the global shoe market to grow. Further, the launch of new products with a new design to attract the attention of kids can help in the growth of the global market. Moreover, the organic material to make product can be the factor that drive the growth of the global market.
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Geographically Analysis – North America (U.S., Mexico, and Canada), Europe (Germany, UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and rest of Asia-Pacific), LAMEA (Middle East, Brazil, and rest of LAMEA)
The key market players profiled in the report include:
• Nike Inc.
• The Children’s Place
• Crocs Retail LLC
• Stride Rite
• New Balance
• Converse
• Puma SE
• ASICS America Corporation
• SKECHERS USA Inc.
• Adidas AG.
COVID-19 Scenario Analysis:
○ The Children shoe market has grown to witness a massive blow due to the COVID-19 outbreak.
○ Factories were shut and manufacturing was at a halt due to the stay at home orders. This hit many firms and workers hard.
○ China is the major exporter of footwear and accessories. Transportation is a restriction that has caused a decline in the exports and imports due to COVID-19.
○ Demand for footwear decreased, due to the lockdown.
Key Benefits of the Report
○ This study presents the analytical depiction of the global children shoes industry along with the current trends and future estimations to determine the imminent investment pockets.
○ The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global children shoes market share.
○ The current market is quantitatively analyzed from 2020 to 2030 to highlight the growth scenario of the global children shoes market.
○ Porter’s five forces analysis illustrates the potency of buyers and suppliers in the market.
○ The report provides a detailed global children shoes market analysis based on competitive intensity and how the competition will take shape in coming years.
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