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Childrens Footwear Market in China is Expected to Grow at a Massive CAGR of over 12% between 2016 - 2020

Press release   •   Sep 14, 2016 12:46 IST

Childrens Footwear Market in China 2015-2019 Size and Share Published in 2015-12-30 Available for US$ 2500 at Researchmoz.us

Description

Overview of the childrens footwear market in China

Technavios research analyst predicts the childrens footwear market in China to grow at a CAGR of 12% during the forecast period. The frequent need to replace footwear due to the change in foot size is driving the growth of this market. Many children suffer foot problems by their early teens, often associated with ill-fitting shoes. The growth of e-commerce in China is also driving the market growth. For instance, during 2014, the total annual online retail sales in China was around USD 322 billion.

The increasing preference for American and European brands is expected to fuel the market growth during the forecast period. China imports around 50 million pairs per year from America and Europe. During 2011, Minnetonka, a Minnesota-based brand opened its first store in Beijing.

Segmentation by type and analysis of the childrens footwear market in China

Casual shoes

Sandals

Athletic shoes

Boots

Leather shoes

Slippers

Casual shoes accounted for 39% of the market share during 2014. However, athletic shoes are predicted to be the fastest growing segment during the forecast period. The rising awareness about fitness is the primary driver for the growth of this segment.

Segmentation by end user and analysis of the childrens footwear market in China

Boys

Girls

Girls footwear dominated the market during 2014 with a market share of 51% and is predicted to grow at a CAGR of 12% during the forecast period. The numerous styles, designs and colors available for girls are the key drivers for the growth of this segment in China.

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Competitive landscape and key vendors

The children's footwear market in China is mostly dominated by domestic players. The report predicts the competitive environment in this market to intensify further with an increase in product/service extensions. International players are expected to grow inorganically during the forecast period by acquiring regional or local players.

The leading vendors in the market are -

361 Degrees

ANTA Sports

Feike

Li Ning

Nike

Xtep International

Other prominent vendors in the market include Adidas, Belle International, C.banner International, China Great STAR, Daphne International, Foshan Saturday Shoes, Peak Sport, Red Dragonfly, Warrior, and Zhejiang Aokang Shoes.

Key questions answered in the report include

What will the market size and the growth rate be in 2019

What are the key factors driving the childrens footwear market in China

What are the key market trends impacting the growth of the childrens footwear market in China

What are the challenges to market growth

Who are the key vendors in this market space

What are the market opportunities and threats faced by the vendors in childrens footwear market in China

What are the key outcomes of the five forces analysis of the childrens footwear market in China

Technavio also offers customization on reports based on specific client requirement.

Related reports:

Global Sports Footwear Market 2015-2019

Running Apparel and Footwear Market in the US 2015-2019

Athletic Footwear Market in the US 2015-2019

Global Running Apparel and Footwear Market 2015-2019

Global Foot Protective Equipment Market 2015-2019

Inquiry on this report: http://www.researchmoz.us/enquiry.php?type=E&repid=502407

Table of Content

PART 01: Executive summary

Highlights

PART 02: Scope of the report

Market overview

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

PART 05: China: an overview

Economic overview

PART 06: Market landscape

Market overview

Market size and forecast

Five forces analysis

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