As per newly released data by Future Market Insights (FMI), the Baby Shoes Market is estimated at USD 37,013 million in 2022 and is projected to reach USD 82,920 million by 2032, at a CAGR of ~8.4% from 2022 to 2032.
Attribute | Details |
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Estimated Baby Shoe Market Size 2022 | USD 37,013 Million |
Projected Baby Shoes Market (2032) Market Size | USD 82,920 Million |
Value CAGR (2022 to 2032) | 8.4% |
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Baby shoes are designed to protect babies' feet from infections caused by dirt, dust, water, mud, and various climatic conditions as well as injuries caused by different objects. Because baby shoes are soft, they also prevent the baby's feet from deforming. They offer comfort while sitting, walking, and playing. They can handle both heavy use and light use. Thus, these types of shoes require a good design in order to be adaptable, lightweight, breathable, decent-looking, and fit appropriately.
Key manufacturers are launching new product lines composed of premium fabrics in response to the rising demand for baby shoes that are sophisticated, ergonomic, and comfortable. The market's growth potential is increased by the adoption of cutting-edge technologies in the production of baby shoes. However, significant players are extremely concerned about the proliferation of poor quality and counterfeit goods since it compromises their profitability and marketability. In the upcoming years, it is anticipated that the Baby shoes market would increase steadily. A significant element propelling the global market for baby shoes is the rise in demand for fashionable, fancy, yet comfortable footwear for children.
One of the primary trends driving the growth of the baby shoe market is quality fortification driven by design and material innovation. There is a great demand for high-quality baby footwear that is created and embellished with appealing colors and cartoon characters. As a result, market vendors are introducing such footwear. Moreover, the disposable income for the parents has increased and the parents tend to spend a high amount of money for ensuring safety by selecting branded products for their babies.
One of the significant market trends driving the growth of the children's footwear market is an increase in demand for personalized shoes. Leading providers in the premium market provide customized products with an aesthetic appeal. Personalization can range from design, logo, color, and buckles to embroidery or name insertion.
One of the reasons impeding the growth of the baby shoe market is the prevalence of counterfeit items. Counterfeit goods are created from poor-quality raw ingredients that are harmful in nature and can hurt a baby's skin. Customers may have difficulty distinguishing between authentic and fake products due to their similar appearance. The low cost of counterfeit goods fuels their popularity.
As a result, the availability of counterfeit items has a negative impact on vendors' sales and price strategies by diluting their market shares and hurting their brands. To overcome these obstacles, worldwide suppliers are forced to under-price their items, reducing their profit margins. It also has an impact on the market's value sales percentage. These factors may have a negative influence on the growth of the baby shoe market during the forecast period.
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Clothing rental companies are aiding the development of the baby shoe market in the UK
Bundlee, the baby apparel rental firm, is also offering a baby and toddler shoe rental service as a result of a new agreement with eco-shoe maker Vivobarefoot. Bundle now offers a baby shoe rental in collaboration with VIVOBAREFOOT, the natural B-corp brand, in an effort to help parents with the problems caused by the frequent change in the size of their baby’s feet.
According to Bundlee, the average baby’s shoe size changes every four months and this is a frequent and expensive replacement cycle, with the majority of products ending up in the trash at end-of-life. This concept interests a large number of parents that are increasingly searching for sustainable options which are anticipated to be beneficial for the baby shoe market.
Additional revenue coming as a result of relaxation policy will fuel the market
According to the latest statistics, China has approximately 18 million newborn babies each year. Because the number of prospective customers is big and is not likely to shrink dramatically, the baby shoe market in China is expected to grow gradually. Furthermore, there are several economic developments in China that are more likely to have a beneficial impact on the industry. The one-child restriction has lately been eased, allowing a family to have a second child if one of the parents is the only kid. Previously, both parents had to be the only children in their families in order to be allowed to have a second child. This appears to be a good indicator for the Chinese baby shoe market.
Increasing popularity of e-commerce and rise in disposable incomes to boost the market
Rising Indian incomes and a diminishing middle class can both contribute significantly to the industry's future growth. Rising family income means a higher quality of a baby's necessities, such as more comfortable clothes and shoes, as well as a bigger range of sets. All of this costs money, which will be spent on a baby by parents.
Domestic producers appear to dominate the market, which could be attributed to reduced shipping and manufacturing costs. As one of the most favored distribution channels, online stores appear to dominate the market. This is because e-commerce is becoming increasingly popular in India. As a result, it might be argued that the infant shoes market is extremely appealing to potential new competitors and may offer prospects for growth.
Baby shoes made from cotton contribute a major share in the market
Baby’s skin is very sensitive and the use of synthetic materials can cause rashes and harm the baby’s feet. Parents are very selective when it comes to the well-being of their babies. Cotton is a soft fabric that is completely natural and suitable for use by babies. As a result, baby shoes made from cotton are preferred to a large extent.
Slip-on shoes are mostly preferred by buyers
The use of zippers can be unsafe when used for the delicate feet of babies while the lace-up category is considered to be comparatively complex. Hence, the slip-on type of shoes is mostly preferred by parents as they are easy to use and provides convenience for the parents. Moreover, the babies feel comfortable wearing the slip-on type of shoes as these shoes take the shape according to the baby’s feet structure.
Online Retailers will gain traction in the forecast period
Parents are always looking for new and trendy fashion for their beloved babies and want their babies to have the best. Hence, they tend to have a variety of options to choose from. This demand from the parents is fulfilled by online retailers which have a wide range of portfolios on their e-commerce platforms. Consequently, online retailers are expected to gain traction in the forecast period.
The key companies in the baby shoe market are concentrating on the development of their product and providing them at affordable rates with superior quality. Also, they are collaborating with local players to enhance their reach in the market.
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Attribute | Details |
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Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2021 |
Market Analysis | USD Million for Value |
Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania & Middle East & Africa (MEA) |
Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, the UK, France, Spain, Italy, Russia, South Africa, Northern Africa GCC Countries, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia & New Zealand. |
Key Segments Covered | Material, Consumer Orientation, Closure Type, Sales Channel, and Region. |
Key Companies Profiled | Yoyo Booties; Combi; Goodbaby; Pigeon; Procter & Gamble; Baby Jay; Oasis Shoes; Adidas; New Balance; Nike; Trimfoot Co, LLC; Carter’s, Inc |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
The Baby Shoes market is anticipated to reach a valuation of ~USD 37,013 Million in 2022.
The Baby Shoes market grew at 2.3% CAGR between 2017 and 2021.
The demand for more comfortable and cutting-edge footwear is one of the main drivers driving the growth of the global Baby shoe industry, along with peoples' better lifestyles and rising disposable income.
Leading players operating in the Baby Shoes market are Yoyo Booties, Combi, Goodbaby, Pigeon, Procter & Gamble, Baby Jay, Oasis Shoes, Adidas, New Balance, Nike, Trimfoot Co, LLC, and Carter’s, Inc among others.
1. Executive Summary 2. Market Overview 3. Key Market Trends 4. Market Demand Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Market - Pricing Analysis 6. Market Demand (in Value or in USD Million) Analysis 2017 to 2021 and Forecast, 2022 to 2032 7. Market Background 8. Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Material 8.1. Synthetic 8.2. Cotton 8.3. Leather 8.4. Others 9. Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Consumer Orientation 9.1. Boys 9.2. Girls 10. Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Closure Type 10.1. Laces 10.2. Velcro 10.3. Straps 10.4. Zippers 11. Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Sales Channel 11.1. Multi-brand Stores 11.2. Independent Small Stores 11.3. Online Retailers 11.4. Other Sales Channel 12. Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Region 12.1. North America 12.2. Latin America 12.3. Europe 12.4. East Asia 12.5. South Asia 12.6. Oceania 12.7. Middle East & Africa (MEA) 13. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032 14. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032 15. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032 16. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032 17. South Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032 18. Oceania Market Analysis 2017 to 2021 and Forecast 2022 to 2032 19. MEA Market Analysis 2017 to 2021 and Forecast 2022 to 2032 20. Key Countries Market Analysis 21. Market Structure Analysis 22. Competition Analysis 22.1. Yoyo Booties 22.2. Combi 22.3. Goodbaby 22.4. Pigeon 22.5. Procter & Gamble 22.6. Baby Jay 22.7. Oasis Shoes 22.8. Adidas 22.9. New Balance 22.10. Nike 22.11. Trimfoot Co, LLC 22.12. Carter’s, Inc 22.13. Others (As per Request) 23. Assumptions and Acronyms Used 24. Research Methodology
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