Market Overview:
The global function shoes market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of diabetes and other foot problems, rising awareness about the benefits of function shoes, and technological advancements in the design and manufacturing of function shoes. The diabetic shoes segment is expected to grow at a CAGR of 6.0% from 2018 to 2030, owing to the increasing prevalence of diabetes across the globe. The nursing shoes segment is also expected to grow at a high rate during the forecast period, due to an increase in demand for comfortable and stylish nursing shoes among women. In terms of application, men are expected to dominate the global function shoe market duringthe forecast period owingto an increase in demand for comfortable.
Product Definition:
Function Shoes are shoes that have been specifically designed to serve a particular function, such as running, hiking or climbing. They typically have features that cater to the activity they were designed for, such as extra support or traction. Function Shoes can be an important piece of gear for athletes and outdoor enthusiasts, providing them with the performance they need to excel in their sport.
Diabetic Shoes:
Diabetic shoes are footwear designed for people with diabetes. They help in maintaining the proper blood circulation and nerve transmission to the feet, which is essential for the well-being of a diabetic patient. The market is expected to witness significant growth over the forecast period owing to increasing prevalence of diabetes across the globe coupled with rising awareness regarding its prevention among individuals.
Nursing Shoes:
Nursing shoes are designed for healthcare professionals to protect their feet while they are working. They can be used in hospitals, nursing homes, and other care facilities. The main function of these shoes is to keep the feet clean and prevent injuries from medical instruments or equipment.
Application Insights:
Men application segment accounted for the largest share of more than 60.0% in 2017. Rising awareness about health and wellness among men is expected to be a major factor driving the global function shoes market for men over the forecast period. In addition, increasing preference for sports shoes among working-class male adults in developed countries including U.S., Canada, Germany and France is expected to propel industry growth over the next eight years.
The women application segment was valued at USD 1,252 million in 2017 owing to rising demand from working-class women aged 15 to 30 years old across developing countries including China India.
Regional Analysis:
North America dominated the global function shoes market in 2017. The growing number of diabetic patients and rising cases of arthritis are expected to drive the demand for comfortable footwear in this region. According to a study conducted by the National Center for Health Statistics, around 15% of Americans suffer from arthritis. In addition, an increasing number of women working is also anticipated to boost product demand over the forecast period.
Asia Pacific is expected to witness significant growth over the forecast period owing to rapid urbanization and changing lifestyle resulting into increased prevalence of diabetes among consumers in this region. Rising awareness regarding health issues related with unhealthy footwear is further anticipated fuel market growth during the projected period – 2030 (estimated). Moreover, increasing disposable income levels coupled with expanding middle-class population base will support regional product sales over next eight years as wellâ€2030 (estimated).
Growth Factors:
- Increasing demand from the sports sector: The global market for functional shoes is expected to be driven by the increasing demand from the sports sector. This is because functional shoes offer better performance and comfort to athletes, which in turn helps them in achieving better results.
- Rising awareness about health and fitness: There has been a rising awareness about health and fitness among people across the globe in recent years. This has led to an increase in the demand for products that can help improve physical performance, such as functional shoes.
- Technological advancements: The global market for functional shoes is also expected to be driven by technological advancements that are taking place in this industry segment. For instance, manufacturers are now introducing innovative technologies such as 3D printing into their products, which is helping them design better-quality functional shoes faster and at lower costs than ever before.
Scope Of The Report
Report Attributes
Report Details
Report Title
Function Shoes Market Research Report
By Type
Diabetic Shoes, Nursing Shoes, Others
By Application
Men, Women
By Companies
Dr. Comfort, FooTek, SHENGLISI, Xinghu, Chunxi, PLAYBOY, Dansko, Dr. Comfort
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Function Shoes Market Report Segments:
The global Function Shoes market is segmented on the basis of:
Types
Diabetic Shoes, Nursing Shoes, 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
Men, Women
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:
- Dr. Comfort
- FooTek
- SHENGLISI
- Xinghu
- Chunxi
- PLAYBOY
- Dansko
- Dr. Comfort
Highlights of The Function Shoes 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:
- Diabetic Shoes
- Nursing Shoes
- Others
- By Application:
- Men
- Women
- 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 Function Shoes 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Function Shoes are a type of athletic shoes that are designed to provide support and stability while you're performing your daily activities. They come in a variety of styles and colors, so you can find the perfect pair for your needs.
Some of the major companies in the function shoes market are Dr. Comfort, FooTek, SHENGLISI, Xinghu, Chunxi, PLAYBOY, Dansko, Dr. Comfort.
The function shoes 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 Function Shoes 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 Function Shoes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Function Shoes 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 Function Shoes 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 Function Shoes Market Size & Forecast, 2020-2028
4.5.1 Function Shoes Market Size and Y-o-Y Growth
4.5.2 Function Shoes 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 Diabetic Shoes
5.2.2 Nursing Shoes
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 Men
6.2.2 Women
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Function Shoes 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 Function Shoes 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 Diabetic Shoes
9.6.2 Nursing Shoes
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 Men
9.10.2 Women
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 Diabetic Shoes
10.6.2 Nursing Shoes
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 Men
10.10.2 Women
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 Diabetic Shoes
11.6.2 Nursing Shoes
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 Men
11.10.2 Women
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 Diabetic Shoes
12.6.2 Nursing Shoes
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 Men
12.10.2 Women
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 Diabetic Shoes
13.6.2 Nursing Shoes
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 Men
13.10.2 Women
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 Function Shoes Market: Competitive Dashboard
14.2 Global Function Shoes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dr. Comfort
14.3.2 FooTek
14.3.3 SHENGLISI
14.3.4 Xinghu
14.3.5 Chunxi
14.3.6 PLAYBOY
14.3.7 Dansko
14.3.8 Dr. Comfort
