Sandals Market Size, Share, Growth, and Industry Analysis, By Type (Casual Sandals and Fashion Sandals), By Application (Children Sandals, Men Sandals, Women Sandals), Regional Forecast To 2032

Updated On: 01 April 2024

Sandals Market REPORT OVERVIEW

• 
• Request a Free Sample to learn more about this report

The global sandals market size was USD 31370 million in 2021 and is projected to touch USD 46424 million by 2032, exhibiting a CAGR of 3.6% during the forecast period.

Sandals are an open style of footwear that include straps that cross over the instep or go around the ankle to secure the sole to the wearer's foot. In warmer regions or during warmer seasons, people wear it to keep their feet cool and dry. The global sandals market revenue growth is primarily being driven by increased consumer desire for stylish footwear and an increase in the need for comfortable, reasonably priced everyday use footwear.

COVID-19 Impact: Lower Demand for the Product to Hamper Market Progress

Lockdown restrictions during COVID-19 pandemic obstructed the production activities. Lower demand for the product and strict government regulation minimized sandals market progress. Shutdown of manufacturing units and supply & chain disruption. These factors affected market growth during the pandemic period. The sudden outbreak of the COVID-19 pandemic created supply chain disruption coupled with a lack of resources or team members in order to follow government regulations.

LATEST TRENDS

"Increasing Demand for Variety of Footwear to Incite Market Growth "

Men can wear a variety of sandals, including floaters, loafers, and flip-flops, but women typically wear flat sandals, flip-flops, and heels. In addition, loafers and sandals with heels have become more popular due to the most recent fashion trend. These classic styles are available in leather loafers, suede loafers, and platform loafers with athletic touches that go with every outfit or event. Furthermore, shoppers are choosing loafers more frequently because they can be worn with every style of pant and on any occasion. Additionally, it is anticipated that women will increasingly adopt heels to boost their height, compliment their dressing preferences, enhance fashion, and boost self-confidence. These factors are expected to drive sandals market growth in the coming years.

Sandals Market SEGMENTATION

• 
• Request a Free Sample to learn more about this report

• By Type

Based on type, the market is divided into Casual Sandals and Fashion Sandals.

• By Application

Based on the application, the market is divided into Children Sandals, Men Sandals, Women Sandals.

DRIVING FACTORS

"Increasing Sales to Foster Market Growth"

The main drivers of the market's growth are the expanding sales made possible by e-commerce, heavy investment in advertising by footwear brands, and increased demand for sports footwear. Additionally, the prevalence of lifestyle-related health problems including stress and obesity is driving more individuals to participate in sports and fitness activities, which is driving up demand for fashionable and comfortable footwear. Consumers began to prioritize comfort long before 2020. Fashion footwear has been losing market share to cozier and athleisure-focused segments for many years.

"Advertising from Retailers to Fuel Market Growth"

Important players are using social media and event sponsorships to promote their brands and acquire recognition. Additionally, a lot of startups are discovering chances for market expansion via online channels. In the market, extensive advertising tactics on social media platforms or alternative business models, including subscription boxes, are becoming more popular. Retailers are increasingly collecting and studying customer data using machine learning and big data tools for an effective response.

RESTRAINING FACTORS 

"Presence of prominent Players to Hamper Market Growth "

Consumers' health may be at risk from counterfeit goods. Shoe defects such shin splints, corns, bunions, Achilles tendon pain, ingrown nails, postural problems, and backaches can result from wearing low-quality sandals. These wounds will drastically reduce or eliminate daily activities.

Sandals Market REGIONAL INSIGHTS

• 
• Request a Free Sample to learn more about this report

"R&D Activities to Foster Growth in Asia Pacific "

Asia Pacific is estimated to hold a considerable sandals market share. Due to the expansion of e-commerce businesses to see a considerably quick rate of revenue growth throughout the forecast period. In addition, a number of shoe manufacturers are stepping up R&D efforts to create next-generation goods. Additionally, these businesses work to attract more clients by offering cost-efficient, high-quality goods. These programs are anticipated to increase market revenue.

North America is anticipated to have a sizable market share. Branded sandals are becoming more and more popular as a result of rising disposable money and a desire to follow the newest fashion trends. Sandals are now more widely worn by the populace as a result of the rapid expansion of construction activities, such as shopping malls, name-brand stores, and fashion retail outlets in nations like the U.S. and Canada.

KEY INDUSTRY PLAYERS

"Leading Players Adopt New Strategies to Stay Competitive"

The report covers information about the list of market players and their latest development in the industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.

List of Market Players Profiled

• Birkenstock (Germany)
• Alpargatas (Brazil)
• Belle (Hong Kong)
• Adidas (Germany)
• Clark (U.K.)
• Skechers (U.S.)
• Caleres (U.S.)
• Steven Madden (U.S.)
• Reiker (Switzerland)
• ECCO (Denmark)
• Aldo (Canada)
• Decker (U.S.)
• Daphne (Switzerland)
• GEOX (Italy)
• Crocs (U.S.)
• Kenneth Cole (U.S.)
• Cbanner (U.S.)
• Aokang (China)

REPORT COVERAGE

This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.