Market Overview:
The global wedge sandal market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The growth in the market can be attributed to various factors such as an increase in disposable income, rising demand for comfort footwear and changing fashion trends. Wedge sandals are versatile shoes that can be worn for both casual and formal occasions. They are available in different materials such as plastic, cortex and others. Among these, plastic is the most popular material used for manufacturing wedge sandals owing to its durability and affordability. North America accounted for the largest share of the global wedge sandal market in 2017 followed by Europe and Asia Pacific respectively.
Product Definition:
A wedge sandal is a type of women's footwear characterized by a thick, elevated sole. The style often features a strap or two that wraps around the ankle or leg.
Plastic:
Plastic is a synthetic material that can be categorized as a non-metal, lightweight, durable solid substance. It is produced in numerous forms including polyethylene (PE), polypropylene (PP), high impact polystyrene (PS), expanded PVC, and linear low-density Polyethylene (LLDPE). The most commonly used plastic for footwear manufacturing includes High Density Polyethylene (HDPE) and Low Density Polyethylene(LDPE).
Cortex:
Cortex is the brain part that controls and organizes sensory information. It helps in decision making, learning new things, understanding speech and other cognitive functions. The main function of the brain is to process information received from all its sense organs for carrying out appropriate actions.
The primary function of a wedge sandal is to protect against heat stroke or sunstroke; it also provides relief from back pain caused by standing or walking long hours in the sun with no water.
Application Insights:
The formal occasion segment dominated the global wedge sandal market in 2017, accounting for over 60.0% share of the total revenue. The growth can be attributed to a rise in wedding celebrations and special events across regions, such as Diwali, Christmas Eve/Christmas Day and New Year¢â‚¬â„¢s Eve/New Year¢â‚¬s Day. Moreover, an increase in travel activities has led to an increased number of hotels and resorts across countries globally; this factor is expected to boost product demand over the forecast period.
The casual occasion segment is anticipated to witness significant growth during the forecast period owing to rising disposable income among consumers globally coupled with increasing consumer spending on clothing accessories that complement their outfits at social occasions such as weddings or parties.
Regional Analysis:
North America Wedge Sandal Market dominated the global industry in 2017. The growth can be attributed to rising demand for stylish and comfortable footwear among consumers. In addition, growing popularity of outdoor recreational activities is expected to drive the market further. As per a survey conducted by National Park Service (NPS), in 2016, 86% of Americans had visited a national park or monument during their vacation time, which indicates immense potential for the industry in this region over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing disposable income and improving standards of living especially due to rise in consumer awareness regarding health issues associated with poor footwear conditions such as blisters and corns etc., caused due walking around barefoot all day long which increases susceptibility towards diseases like athlete's foot & jock itch etc.
Growth Factors:
- Increasing demand for fashion footwear: The global wedge sandal market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand for fashion footwear among women. Wedge sandals are considered as one of the most stylish and comfortable types of shoes, which is driving their popularity among consumers.
- Rising disposable income: The growth of the wedge sandal market is also attributed to rising disposable incomes in developing countries such as India and China. This has led to an increase in spending on luxury items, including fashionable footwear.
- Growing online retailing: The growth of online retailing is another major factor that is contributing to the expansion of the wedge sandal market globally. Online retailers offer a wide range of products at competitive prices, which has resulted in an increase in their popularity among consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wedge Sandal Market Research Report
By Type
Plastic, Cortex
By Application
Casual Occasion, Formal Occasion
By Companies
Belle, Daphne, Cbanner, Havaianas, Skechers, Birkenstock, Aerosoles, Teva, STACCATO, Rieker, BASTO, ST& SAT, KISS CAT
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
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Wedge Sandal Market Report Segments:
The global Wedge Sandal market is segmented on the basis of:
Types
Plastic, Cortex
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
Casual Occasion, Formal Occasion
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
- Daphne
- Cbanner
- Havaianas
- Skechers
- Birkenstock
- Aerosoles
- Teva
- STACCATO
- Rieker
- BASTO
- ST& SAT
- KISS CAT
Highlights of The Wedge Sandal 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:
- Plastic
- Cortex
- By Application:
- Casual Occasion
- Formal Occasion
- 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 Wedge Sandal 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?
Wedge sandals are a type of sandal with a wedge-shaped toe. They are designed to provide more support and stability while wearing them, which can make them more comfortable to wear.
Some of the major players in the wedge sandal market are Belle, Daphne, Cbanner, Havaianas, Skechers, Birkenstock, Aerosoles, Teva, STACCATO, Rieker, BASTO, ST& SAT, KISS CAT.
The wedge sandal market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wedge Sandal 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 Wedge Sandal Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wedge Sandal 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 Wedge Sandal 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 Wedge Sandal Market Size & Forecast, 2020-2028
4.5.1 Wedge Sandal Market Size and Y-o-Y Growth
4.5.2 Wedge Sandal 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 Plastic
5.2.2 Cortex
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 Casual Occasion
6.2.2 Formal Occasion
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wedge Sandal 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 Wedge Sandal 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 Plastic
9.6.2 Cortex
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 Casual Occasion
9.10.2 Formal Occasion
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 Plastic
10.6.2 Cortex
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 Casual Occasion
10.10.2 Formal Occasion
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 Plastic
11.6.2 Cortex
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 Casual Occasion
11.10.2 Formal Occasion
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 Plastic
12.6.2 Cortex
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 Casual Occasion
12.10.2 Formal Occasion
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 Plastic
13.6.2 Cortex
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 Casual Occasion
13.10.2 Formal Occasion
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 Wedge Sandal Market: Competitive Dashboard
14.2 Global Wedge Sandal Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Belle
14.3.2 Daphne
14.3.3 Cbanner
14.3.4 Havaianas
14.3.5 Skechers
14.3.6 Birkenstock
14.3.7 Aerosoles
14.3.8 Teva
14.3.9 STACCATO
14.3.10 Rieker
14.3.11 BASTO
14.3.12 ST& SAT
14.3.13 KISS CAT
