Market Overview:
The global shoe manufacturing service 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 customized shoes across different regions. In addition, the growing popularity of online retail is also contributing to the growth of this market. The global shoe manufacturing service market can be segmented on the basis of type and application. On the basis of type, it can be divided into OEM and ODM services. The OEM segment is expected to hold a larger share in terms of revenue in 2018 as compared to ODM services, owing to higher customization offered by OEMs as compared with ODMs.
Product Definition:
A Shoe Manufacturing Service is a type of business that manufactures shoes for customers. This service can be important for people who need new shoes, since they can get them quickly and easily from a shoe manufacturing service.
OEM:
OEM is short for original equipment. It's a term used in the shoe manufacturing industry to refer to shoes that are manufactured specifically for another company’s product. For example, Nike, Inc. has numerous brands such as Nike, Air Jordan and Tiger Woods that are considered as OEM products because they were designed by Nike, Inc. Some of the other examples would be Adidas America Inc., PUMA and Rebook etc.
ODM:
ODM stands for Online Dispensing Machine and it is used in the shoe manufacturing industry to dispense customized shoes with required specifications. The machine can be programmed to dispense any type of footwear such as boots, sandals, flip-flops or formal shoes. It can also be used for dispensing other products such as orthotics & prosthetics and personal care products like creams & lotions among others.
Application Insights:
The sports shoes application segment accounted for the largest share of more than 40.0% in 2017. The growth is attributed to the increasing number of fitness centers and gymnasiums, which are driving the demand for sports shoes. Furthermore, rising popularity of basketball as a sport across various regions is expected to fuel industry expansion over the forecast period.
The casual shoe application segment is anticipated to witness significant growth during the forecast period owing to growing consumer preference for comfort footwear with enhanced features and designs at affordable prices. Growing trend towards adoption of athleisure clothing along with casual footwear has further propelled industry expansion over recent years due to increased product penetration and awareness regarding latest trends among consumers globally. Moreover, manufacturers are introducing new products such as sandals & slippers that provide utmost comfort on feet while relaxing on summer vacations or holidays thereby propelling industry growth during future estimates years ahead.
Regional Analysis:
Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing disposable income, growing population, improving standards of living coupled with rapid urbanization and changing consumer preferences towards western fashion trends.
The Asia Pacific regional market includes countries such as China, India, Indonesia among others. The Chinese manufacturers are gaining popularity due to their low production cost coupled with high-quality products. In addition, rising demand for customized shoes from various application segments will drive the regional market further.
Growth Factors:
- Increasing demand for customized shoes: A majority of the population now prefers to buy customized shoes as per their requirements and preferences. This is driving the demand for shoe manufacturing services, thereby providing growth opportunities to the market.
- Rising popularity of online shopping: The increasing popularity of online shopping is another major growth driver for the shoe manufacturing service market. With a growing number of people preferring to shop online, vendors in this market are witnessing an increase in their sales volumes.
- Growing trend of athleisure: The growing trend of athleisure is also propelling the demand for shoe manufacturing services worldwide as more and more people are now opting for sneakers and sports shoes over traditional footwear options.
Scope Of The Report
Report Attributes
Report Details
Report Title
Shoe Manufacturing Service Market Research Report
By Type
OEM, ODM
By Application
Sports Shoes, Casual Shoes, High Heels, Leather Shoes, Sandals and Slippers, Other
By Companies
Pou Chen, Taekwang Industrial, Hong Fu Industrial Group, Feng Tay Enterprise Co., Ltd, Fulgent Sun Group, FREETREND GROUP, Ching Luh, KAI NAN SHOES CO., LTD, Stella International Holdings Limited, Yue Yuen Industrial, SATRA
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
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Shoe Manufacturing Service Market Report Segments:
The global Shoe Manufacturing Service market is segmented on the basis of:
Types
OEM, ODM
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
Sports Shoes, Casual Shoes, High Heels, Leather Shoes, Sandals and Slippers, Other
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:
- Pou Chen
- Taekwang Industrial
- Hong Fu Industrial Group
- Feng Tay Enterprise Co., Ltd
- Fulgent Sun Group
- FREETREND GROUP
- Ching Luh
- KAI NAN SHOES CO., LTD
- Stella International Holdings Limited
- Yue Yuen Industrial
- SATRA
Highlights of The Shoe Manufacturing Service 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:
- OEM
- ODM
- By Application:
- Sports Shoes
- Casual Shoes
- High Heels
- Leather Shoes
- Sandals and Slippers
- Other
- 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 Shoe Manufacturing Service 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?
Shoe Manufacturing Service is a business that manufactures shoes.
Some of the key players operating in the shoe manufacturing service market are Pou Chen, Taekwang Industrial, Hong Fu Industrial Group, Feng Tay Enterprise Co., Ltd, Fulgent Sun Group, FREETREND GROUP, Ching Luh, KAI NAN SHOES CO., LTD, Stella International Holdings Limited, Yue Yuen Industrial, SATRA.
The shoe manufacturing service 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 Shoe Manufacturing Service 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 Shoe Manufacturing Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Shoe Manufacturing Service 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 Shoe Manufacturing Service 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 Shoe Manufacturing Service Market Size & Forecast, 2018-2028
4.5.1 Shoe Manufacturing Service Market Size and Y-o-Y Growth
4.5.2 Shoe Manufacturing Service Market Absolute $ Opportunity
Chapter 5 Global Shoe Manufacturing Service 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 Shoe Manufacturing Service Market Size Forecast by Type
5.2.1 OEM
5.2.2 ODM
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Shoe Manufacturing Service 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 Shoe Manufacturing Service Market Size Forecast by Applications
6.2.1 Sports Shoes
6.2.2 Casual Shoes
6.2.3 High Heels
6.2.4 Leather Shoes
6.2.5 Sandals and Slippers
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Shoe Manufacturing Service 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 Shoe Manufacturing Service 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 Shoe Manufacturing Service Analysis and Forecast
9.1 Introduction
9.2 North America Shoe Manufacturing Service 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 Shoe Manufacturing Service Market Size Forecast by Type
9.6.1 OEM
9.6.2 ODM
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 Shoe Manufacturing Service Market Size Forecast by Applications
9.10.1 Sports Shoes
9.10.2 Casual Shoes
9.10.3 High Heels
9.10.4 Leather Shoes
9.10.5 Sandals and Slippers
9.10.6 Other
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 Shoe Manufacturing Service Analysis and Forecast
10.1 Introduction
10.2 Europe Shoe Manufacturing Service 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 Shoe Manufacturing Service Market Size Forecast by Type
10.6.1 OEM
10.6.2 ODM
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 Shoe Manufacturing Service Market Size Forecast by Applications
10.10.1 Sports Shoes
10.10.2 Casual Shoes
10.10.3 High Heels
10.10.4 Leather Shoes
10.10.5 Sandals and Slippers
10.10.6 Other
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 Shoe Manufacturing Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Shoe Manufacturing Service 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 Shoe Manufacturing Service Market Size Forecast by Type
11.6.1 OEM
11.6.2 ODM
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 Shoe Manufacturing Service Market Size Forecast by Applications
11.10.1 Sports Shoes
11.10.2 Casual Shoes
11.10.3 High Heels
11.10.4 Leather Shoes
11.10.5 Sandals and Slippers
11.10.6 Other
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 Shoe Manufacturing Service Analysis and Forecast
12.1 Introduction
12.2 Latin America Shoe Manufacturing Service 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 Shoe Manufacturing Service Market Size Forecast by Type
12.6.1 OEM
12.6.2 ODM
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 Shoe Manufacturing Service Market Size Forecast by Applications
12.10.1 Sports Shoes
12.10.2 Casual Shoes
12.10.3 High Heels
12.10.4 Leather Shoes
12.10.5 Sandals and Slippers
12.10.6 Other
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) Shoe Manufacturing Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Shoe Manufacturing Service 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) Shoe Manufacturing Service Market Size Forecast by Type
13.6.1 OEM
13.6.2 ODM
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) Shoe Manufacturing Service Market Size Forecast by Applications
13.10.1 Sports Shoes
13.10.2 Casual Shoes
13.10.3 High Heels
13.10.4 Leather Shoes
13.10.5 Sandals and Slippers
13.10.6 Other
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 Shoe Manufacturing Service Market: Competitive Dashboard
14.2 Global Shoe Manufacturing Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Pou Chen
14.3.2 Taekwang Industrial
14.3.3 Hong Fu Industrial Group
14.3.4 Feng Tay Enterprise Co., Ltd
14.3.5 Fulgent Sun Group
14.3.6 FREETREND GROUP
14.3.7 Ching Luh
14.3.8 KAI NAN SHOES CO., LTD
14.3.9 Stella International Holdings Limited
14.3.10 Yue Yuen Industrial
14.3.11 SATRA
