Market Overview:
The global luxury high-heels market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for luxury high-heels from women across the globe. Additionally, rising disposable income and changing lifestyle are also contributing to the growth of this market. Based on type, sandals are expected to account for a major share of the global luxury high-heels market in 2018. This can be attributed to their growing popularity among women as they provide comfort and style at the same time. Pumps are also anticipated to witness significant growth during the forecast period owing to their elegant design and versatile nature that makes them suitable for all occasions. Booties and boots are also gaining traction among consumers due their stylish designs and functionality respectively. Regionally, North America is estimated to lead the global luxury high-heels market in 2018 followed by Europe and Asia Pacific respectively.
Product Definition:
Luxury high-heels are a type of shoe that is designed to be both stylish and comfortable. They are often made from high-quality materials, such as leather or suede, and can be quite expensive. Luxury high-heels are popular among both women and men, and can be worn for a variety of occasions.
Sandals:
Sandals are footwear, generally made from leather and are closed with a strap. The design of sandal varies according to the region and climate. In tropical regions, they have no laces or straps but can be adjusted using Velcro on the foot; in other cases, there is a lace-up type of closure. Sandals may also have additional protection for sensitive areas such as the inner ankle or heal through fabric reinforcement or padding.
Pumps:
Pumps are used to raise the height of a person's shoes. They can be attached to the bottom of high-heels or inserted into the shoe itself. The pumps that are attached to shoes have elastic laces or ribbons that go around the ankle and come out in front of the foot, whereas, those inserted into shoes have suction cups that adhere themselves onto smooth surfaces like glass slabs and marble floors.
Application Insights:
The boutique segment held the largest market share of more than 60% in 2017. The growth can be attributed to the increasing number of designer collaborations and product launches by luxury high-heel brands. For instance, Christian Louboutin collaborated with MarniFW 2018 Collection which includes a series of red soled shoes for women. Similarly, Manolo Blahnik has come up with a line named after Leonardo da Vinci which includes boots and pumps for women. Such initiatives are driving the online luxury high-heel market as customers prefer buying footwear online due to convenience coupled with discounts offered by some e-commerce portals.
The others application segment is expected to witness significant growth over the forecast period owing to rising adoption among working professionals who require comfortable yet stylish shoes at work or during business meetings.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing purchasing power of consumers, growing popularity of luxury brands, and expansion of retail outlets. In addition, rising number of high-heel wearers due to fashion trends will drive regional growth further. Europe accounted for a significant share in the industry owing to presence of prominent luxury brands such as Gucci, Prada and Versace that are popular among high-heel wearers across globe.
North America is anticipated to witness steady growth over the next eight years owing with growing demand for pumps from U.S., Canada and Mexico region due their parties & corporate events on weekends along with other celebrations which will boost product sales significantly driving regional market growth furthermore in future as well).
Growth Factors:
- Increasing disposable income of women: There has been a steady increase in the disposable income of women in the past few years. This is especially true for high-income earners and luxury consumers. As more and more women become affluent, they are spending more on luxury items such as high-end shoes.
- Growing demand from emerging markets: A large number of luxury consumers are now coming from emerging markets such as China, India, and Brazil. These countries have a large population of young affluent women who are increasingly spending on high-end fashion products including shoes.
- Rising popularity of online shopping: The popularity of online shopping is growing rapidly among luxury consumers, especially millennials who account for a significant share of the market for high-end shoes. Online retailers offer a wide range of products at competitive prices, making it easier for shoppers to find their perfect pair of shoes without having to go to multiple stores physically or online shops individually . 4) New product launches: Luxury shoe brands are constantly launching new designs and styles to appeal to different segments within the market For example, some brands focus on ultra-feminine designs while others emphasize comfort over style 5) Celebrity endorsements: Celebrities play an important role in influencing consumer behavior when it comes to purchasing luxury goods Many celebrities endorse various brands or stylesofhigh heels which can create immense demandamong fans
Scope Of The Report
Report Attributes
Report Details
Report Title
Luxury High-heels Market Research Report
By Type
Sandals, Pumps, Booties, Boots, Others
By Application
Boutique, Online Retailers, Others
By Companies
LVMH, Christian Louboutin, Jimmy Choo, Manolo Blahnik, Roger Vivier, Chanel, Gucci, Stuart Weitzman, Valentino, Yves Saint Laurent, Sergio Rossi, Miu Miu, Alexander Mcqueen
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
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Luxury High-heels Market Report Segments:
The global Luxury High-heels market is segmented on the basis of:
Types
Sandals, Pumps, Booties, Boots, 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
Boutique, Online Retailers, 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:
- LVMH
- Christian Louboutin
- Jimmy Choo
- Manolo Blahnik
- Roger Vivier
- Chanel
- Gucci
- Stuart Weitzman
- Valentino
- Yves Saint Laurent
- Sergio Rossi
- Miu Miu
- Alexander Mcqueen
Highlights of The Luxury High-heels 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:
- Sandals
- Pumps
- Booties
- Boots
- Others
- By Application:
- Boutique
- Online Retailers
- 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 Luxury High-heels 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
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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?
Luxury high-heels are shoes that are typically made of expensive materials, have a high heel, and are designed to make the wearer look taller.
Some of the major companies in the luxury high-heels market are LVMH, Christian Louboutin, Jimmy Choo, Manolo Blahnik, Roger Vivier, Chanel, Gucci, Stuart Weitzman, Valentino, Yves Saint Laurent, Sergio Rossi, Miu Miu, Alexander Mcqueen.
The luxury high-heels market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Luxury High-heels 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 Luxury High-heels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Luxury High-heels 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 Luxury High-heels 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 Luxury High-heels Market Size & Forecast, 2020-2028
4.5.1 Luxury High-heels Market Size and Y-o-Y Growth
4.5.2 Luxury High-heels 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 Sandals
5.2.2 Pumps
5.2.3 Booties
5.2.4 Boots
5.2.5 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 Boutique
6.2.2 Online Retailers
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Luxury High-heels 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 Luxury High-heels 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 Sandals
9.6.2 Pumps
9.6.3 Booties
9.6.4 Boots
9.6.5 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 Boutique
9.10.2 Online Retailers
9.10.3 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 Sandals
10.6.2 Pumps
10.6.3 Booties
10.6.4 Boots
10.6.5 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 Boutique
10.10.2 Online Retailers
10.10.3 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 Sandals
11.6.2 Pumps
11.6.3 Booties
11.6.4 Boots
11.6.5 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 Boutique
11.10.2 Online Retailers
11.10.3 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 Sandals
12.6.2 Pumps
12.6.3 Booties
12.6.4 Boots
12.6.5 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 Boutique
12.10.2 Online Retailers
12.10.3 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 Sandals
13.6.2 Pumps
13.6.3 Booties
13.6.4 Boots
13.6.5 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 Boutique
13.10.2 Online Retailers
13.10.3 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 Luxury High-heels Market: Competitive Dashboard
14.2 Global Luxury High-heels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LVMH
14.3.2 Christian Louboutin
14.3.3 Jimmy Choo
14.3.4 Manolo Blahnik
14.3.5 Roger Vivier
14.3.6 Chanel
14.3.7 Gucci
14.3.8 Stuart Weitzman
14.3.9 Valentino
14.3.10 Yves Saint Laurent
14.3.11 Sergio Rossi
14.3.12 Miu Miu
14.3.13 Alexander Mcqueen
