Overview and Scope
Custom shoes are footwear uniquely designed and tailored to meet individual customers’ specific preferences, requirements, and measurements, providing personalized style, fit, and functionality. These are used for a variety of activities, including running, sports, aerobics, walking, and trekking.
Sizing and Forecast
The custom shoes market size has grown rapidly in recent years. It will grow from $2.25 billion in 2023 to $2.52 billion in 2024 at a compound annual growth rate (CAGR) of 12.0%. The growth in the historic period can be attributed to craftsmanship revival, celebrity endorsements, niche communities, e-commerce platforms, fashion trends.
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Segmentation & Regional Insights
The custom shoes market covered in this report is segmented –
1) By Product Type: Athletic, Non-athletic, Safety, Formal, Casual, Other Products
2) By Material Type: Leather, Synthetics, Rubber, Textile, Other Materials
3) By Distribution Channel: Offline, Online
4) By End User: Men, Women, Unisex, Kids
North America was the largest region in the custom shoes market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the custom shoes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rise of e-commerce is expected to propel the growth of the custom shoes market going forward. E-commerce, or electronic commerce, refers to the buying and selling of goods and services over the Internet, involving the exchange of funds and data to complete the sale. E-commerce has grown significantly in recent years as a result of several causes, such as the ease of buying online, the availability of a greater selection of goods, and the rising popularity of using mobile devices for shopping. The rise of e-commerce has been facilitated by the proliferation of custom shoes, as online platforms offer a wide choice of custom shoes, allowing customers to select and customize their shoes according to their preferences and activities. For instance, in November 2023, according to reports published by the United States Census Bureau, a US-based government agency, retail e-commerce sales in the U.S. amounted to $284.1 billion in the third quarter of 2023, representing a 7.6% increase from the same period in 2022 and accounting for 15.6% of total sales. Therefore, the rise of e-commerce is driving the growth of the custom shoes market.
Key Industry Players
Major companies operating in the custom shoes market are Nike Inc., Adidas AG, Vans Inc., PUMA SE, Skechers USA Inc., New Balance Athletics Inc., Asics, Crocs Inc., Wolverine World Wide Inc., Genesco Inc., Converse Inc., Steve Madden Ltd., Timberland LLC, Geox SpA, Clarks, Sperry, John Lobb, Shoes Of Prey, Crockett & Jones Ltd., Carmina Shoemaker, Rancourt & Company Shoecrafters Inc., Edward Green & Co. Ltd., Italian Shoe Factory, AliveShoes Inc., Undandy S.A., Right Way Custom Molded Shoes Inc., J.M. Weston SAS, Toesmith Shoes Inc.
The custom shoes market report table of contents includes:
1. Executive Summary
2. Custom Shoes Market Characteristics
3. Custom Shoes Market Trends And Strategies
4. Custom Shoes Market – Macro Economic Scenario
5. Global Custom Shoes Market Size and Growth
…..
32. Global Custom Shoes Market Competitive Benchmarking
33. Global Custom Shoes Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Custom Shoes Market
35. Custom Shoes Market Future Outlook and Potential Analysis
36. Appendix
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