Market Overview:
The global ballet flats market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for ballet flats from women across the globe. Additionally, factors such as rising disposable income and changing lifestyle trends are also contributing to the growth of this market. The global ballet flats market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into leather, cloth and others (including synthetic materials). The leather segment is expected to account for a major share in terms of revenue in 2018 owing to its high durability and aesthetic appeal. However, over time, there has been an increase in demand for cloth-based ballet flats owing their lightweight nature and affordable prices as compared with those made from other materials such as leather or suede. On the basis of application, supermarket & mall accounted for a majority share in 2017 due to higher footfall rates at these locations as compared with other retail formats such as brandstores or ecommerce stores.
Product Definition:
A ballet flat is a type of shoe characterized by its thin, flat soles and typically closed toe. It is similar to a modern-day ballerina slipper, but less pointed. Ballet flats are made from different materials, including leather, suede, and canvas. They may be decorated with ribbons, bows, or other ornamentation.
Leather:
Leather is the durable, flexible, and soft material which is obtained from the skin of cattle. It can be processed into various products such as gloves, footwear, belts & braces and even interior & exterior goods like car seats & seat covers. Leather shoes are considered to be more comfortable as compared to their rubber counterparts due to better cushioning effect inside the shoe.
Cloth:
Cloth is the natural fiber that is obtained from the plant called cellulose. Cellulose fibers are thin and flexible in nature. Cloth can be categorized as synthetic, semi-synthetic & natural cloth and their usage in ballets are leotards, tights or pajamas. The main function of a ballet flat is to provide comfort to the wearer by stretching easily over the feet with no binding or cutting in between the toes while walking, running or jumping.
Application Insights:
The others application segment held the largest share of more than 50.0% in 2017. The other types include departmental stores, shopping malls and hypermarkets, showrooms and car lots, supermarkets & marts, brandstores among others. Departmental stores are considered to be one of the most prominent application areas for ballet flats as they offer various brands under one roof which is convenient for consumers looking to buy new shoes or apparel at affordable prices.
Supermarket & mall is expected to be the fastest-growing application segment with a CAGR of XX% from 2018 to 2030 owing to rising disposable income levels coupled with increasing spending on food and clothing among millennials in emerging economies such as India and China is expected drive growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global ballet flats market in 2017. The regional growth is accredited to increasing interest of consumers in different forms of art forms including ballet. Rising popularity and demand for ballet performances have also contributed to the growth of this market. Furthermore, presence of prominent companies such as Joffrey Ballet, Paris Opera Ballet Company and National Centre for the Performing Arts (NCPA) has increased awareness about these products among consumers resulting in high demand across countries like China, Japan and India.
North America is expected to witness significant growth over the forecast period owing to rising number of performances by renowned choreographers such as Twyla Tharp, Jerome Robbins and Christopher Wheeldon among others which will drive up audience’s interest towards these products leading to an increase in sales across this region.
Growth Factors:
- Increasing demand for comfort and convenience in footwear: Ballet flats are considered to be one of the most comfortable types of shoes, given their low heel height and lack of straps or buckles. This has led to an increasing demand for ballet flats from women across all age groups.
- Rising popularity of athleisure wear: The trend of wearing activewear as everyday clothing is gaining traction among women, especially millennials. This has led to an increase in the demand for versatile and comfortable footwear such as ballet flats that can be worn both casually and formally.
- Growing focus on sustainable fashion: There is a growing focus on sustainable fashion among consumers, who are looking for eco-friendly alternatives to traditional products made from leather or other animal materials. Ballet flats made from natural materials such as cotton or jute are becoming increasingly popular among this segment of consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ballet Flats Market Research Report
By Type
Leather, Cloth, Others
By Application
Supermarket & Mall, Brandstore, E-commerce, Others
By Companies
Belle, Nine West, Salvatore Ferragamo, Kering Group, ECCO, C.banner, Clarks, Red Dragonfly, Daphne, Steve Madden, Geox, DIANA, Roger Vivier, Manolo Blahnik
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Ballet Flats Market Report Segments:
The global Ballet Flats market is segmented on the basis of:
Types
Leather, Cloth, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarket & Mall, Brandstore, E-commerce, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Belle
- Nine West
- Salvatore Ferragamo
- Kering Group
- ECCO
- C.banner
- Clarks
- Red Dragonfly
- Daphne
- Steve Madden
- Geox
- DIANA
- Roger Vivier
- Manolo Blahnik
Highlights of The Ballet Flats Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Leather
- Cloth
- Others
- By Application:
- Supermarket & Mall
- Brandstore
- E-commerce
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ballet Flats Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ballet flats are a type of shoe that is typically worn by dancers and ballet performers. They have a low heel and are made from soft, flexible materials.
Some of the major companies in the ballet flats market are Belle, Nine West, Salvatore Ferragamo, Kering Group, ECCO, C.banner, Clarks, Red Dragonfly, Daphne, Steve Madden, Geox, DIANA, Roger Vivier, Manolo Blahnik.
The ballet flats market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ballet Flats Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ballet Flats Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ballet Flats Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ballet Flats Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ballet Flats Market Size & Forecast, 2020-2028
4.5.1 Ballet Flats Market Size and Y-o-Y Growth
4.5.2 Ballet Flats Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Leather
5.2.2 Cloth
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Supermarket & Mall
6.2.2 Brandstore
6.2.3 E-commerce
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ballet Flats Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ballet Flats Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Leather
9.6.2 Cloth
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Supermarket & Mall
9.10.2 Brandstore
9.10.3 E-commerce
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Leather
10.6.2 Cloth
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Supermarket & Mall
10.10.2 Brandstore
10.10.3 E-commerce
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Leather
11.6.2 Cloth
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Supermarket & Mall
11.10.2 Brandstore
11.10.3 E-commerce
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Leather
12.6.2 Cloth
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Supermarket & Mall
12.10.2 Brandstore
12.10.3 E-commerce
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Leather
13.6.2 Cloth
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Supermarket & Mall
13.10.2 Brandstore
13.10.3 E-commerce
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ballet Flats Market: Competitive Dashboard
14.2 Global Ballet Flats Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Belle
14.3.2 Nine West
14.3.3 Salvatore Ferragamo
14.3.4 Kering Group
14.3.5 ECCO
14.3.6 C.banner
14.3.7 Clarks
14.3.8 Red Dragonfly
14.3.9 Daphne
14.3.10 Steve Madden
14.3.11 Geox
14.3.12 DIANA
14.3.13 Roger Vivier
14.3.14 Manolo Blahnik
