Formal Footwear Market : Latest Innovations, Drivers, Dynamics And Strategic Analysis, Challenges by 2023

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Formal Footwear Market Global Industry Analysis,
Trends, Market Size and Forecasts up to 2023
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A latest report has been added to the wide
database of Formal Footwear Market by Infinium
Global Research. This report studies the Formal
Footwear Market by footwear type (ballerinas,
boots, brogue, derby, flat, high heels, loafers,
sandals, slip-ons, oxfords, wedge), leather type
(full grain, patent leather, pebble, suede
leather, synthetic leather, top grain)
market status and outlook of global and
major regions, from manufacturers, and end
industries. The objective of the study is to
identify market sizes of different segments
countries in recent years and to forecast the
values for the next six years. Formal Footwear
Market provides opportunities in micro markets
for stakeholders to invest along with the
detailed analysis of competitive landscape,
latest trends, and product offerings of the major
companies in the Formal Footwear Market. Formal
foot wears are generally used along with formal
dress for office, official events, business
meetings, formal occasions, dance floor, parties
and some special events. Formal foot wears are
made from leather or synthetic leather. Formal
footwear is classified as per the leather type
and its texture. Various types of toes
distinguish different formal foot wears from each
other. The design aspects of laces also make
difference to the formal footwear. Boots, brogue,
derby, loafer and oxford are major types of mens
formal footwear. For men, loafers are easy to use
formal footwear, while for ladies slip-ons and
sandals are easy to use. The designs of ladies
formal footwear are bit different from that of
men. Heels and toes are major aspect of ladies
formal footwear. Ballerinas, boots, flat,
sandals, high heels, wedge, peep toe are some of
the major types of ladies formal
footwear. Product innovation, expansion of
distribution channels, heavy spending in branding
and marketing of the products, use of modern
technologies and materials characterises the
global formal footwear market. The affinity for
adopting new trends in designs among the
consumers is driving the growth of the formal
footwear market. The increasing popularity of
e-commerce is driving the growth of the global
formal footwear market, as it gives the consumers
the comfort of shopping from anywhere and gives
them more options to choose. Increasing brand
awareness among the consumers is driving the
demand for branded formal footwear. Increasing
number official and formal events in official and
personal lives of people are influencing the
sales of the formal footwear in many regions.
Mens formal footwear segment dominates the
global formal footwear market. Ladies formal
footwear segment is expected to have more designs
in coming years. As more women are entering
professional careers in this era, the demand for
the ladies formal footwear are expected to grow
significantly during forecast period. Increasing
preference for flat heeled foot wears over high
heeled foot wears among ladies are expected to
drive the demand for the flat heeled formal foot
wears. The increasing awareness among people
about cruelty against animals, preference for
eco-friendly alternatives are expected to drive
the growth of demand for synthetic leather based
formal footwear during the forecast period
2017-2023. Presence of counterfeit formal
footwear in large numbers in the market and the
increasing competition from small manufacturers
with similar products as that of branded ones are
the major restraints for the global formal
footwear market. The increasing number of women
in offices globally is expected to provide
opportunities for major players in the market to
expand as ladies prefer multiple foot wears for
regular use. The spreading of western lifestyles
in emerging nations is expected to provide
opportunities for the major players to cover the
untapped markets during the forecast period.
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• Segments Covered
• The report covers the analysis of global as well
  as regional markets of formal footwear market.
  Moreover, the global formal footwear market is
  segmented, by footwear type and by leather type.
  The global formal footwear market by footwear
  type covers ballerinas, boots, brogue, derby,
  flat, high heels, loafers, sandals, slip-on,
  oxfords, wedge and some others. On the basis of
  the leather type, the market is segmented as full
  grain,
• patent leather, pebble, suede leather, synthetic
  leather, top grain, and some others.
• Geographies covered
• Asia-Pacific is the largest formal footwear
  market with high market share. It is expected to
  remain as the fastest growing formal footwear
  market
• during the forecast period 2017 to 2023. The
  presence of large young population in countries
  such as China, India, and Indonesia among others
  and increasing adoption of western lifestyle
  among them are driving the growth of the
  Asia-Pacific formal footwear market.
  Moreover, the presence of large number of
  footwear manufacturers in the region, which
  focuses on exports, enhances the growth of the
  market. North America and Europe are the next
  major markets. North American market relies
  heavily on the imports from China. The tradition
  of having formal wears on various occasions in
  North America is expected to sustain the growth
  of demand for formal footwear during the
  forecast period. In Europe, ladies formal
  footwear segment is expected to grow
  significantly with a rise in demand for flat
  heeled foot wears.
• Companies Profiled
• The companies covered in the report
  include manufacturers of global formal
  footwear market include Aldo Group,
  Bata Shoe organization,Burberry Group Inc,
  Calvin Klein , C J Clark International Ltd,
  ECCO Sko A/S, Dolce Gabbana , Guccio Gucci, Hugo
  Boss, Kenneth Cole Production Inc, LaCross
  Footwear, Louis Vuitton and Prada.
• Get Free Sample Pages of this Report
  https//www.infiniumglobalresearch.com/reports/sam
  ple_request/77 Table of Contents-
• Preface
• Report description

1.2. Research methods
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• 1.3. Research approaches
• Executive summary
• Global Formal Footwear Market Overview
• Introduction
• Market Dynamics
• Drivers
• Restraints
• Opportunities
• Porters Five Forces Analysis
• Macro Indicator and Factor analysis

3.6. Competitive Landscape in the Formal Footwear
Market
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• IGR- Snapshots
• Global Formal Footwear Market by Footwear Type
• Global Formal Footwear Market by Leather Type
• IGR-Growth Matrix Analysis
• Global Formal Footwear Market Analysis, By
  Footwear Type (USD million) 2017 2023
• Ballerinas
• Boots
• Brogue
• Derby
• Flat

5.11. Wedge
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• 5.12. Others
• Global Formal Footwear Market Analysis, by
  Leather Type (USD million)2017 2023
• Full Grain
• Patent Leather
• Pebble
• Suede Leather
• Synthetic Leather
• Top Grain
• Others
• Global Formal Footwear Market Analysis, Regional
  Analysis (USD million) 2017 2023

7.2.1 Europe Formal Footwear Market by Footwear
Type (USD million)
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• Europe Formal Footwear Market by Leather Type
  (USD million)
• Europe Formal Footwear Market by Country (USD
  million)
• Asia Pacific
• Asia Pacific Formal Footwear Market by Footwear
  Type (USD million)
• Asia Pacific Formal Footwear Market by Leather
  Type (USD million)
• Asia Pacific Formal Footwear Market by Country
  (USD million)
• Rest of the World (RoW)
• RoW Formal Footwear Market by Footwear Type (USD
  million)
• RoW Formal Footwear Market by Leather Type (USD
  million)
• RoW Formal Footwear Market by Sub-region (USD
  million)

8.5 C J Clark International Ltd
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• ECCO Sko A/S
• Dolce Gabbana
• Guccio Gucci
• Hugo Boss
• Kenneth Cole Production Inc
• LaCross Footwear
• Louis Vuitton
• Prada
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  ods_packaging/formal_footwear_market