As per newly released data by Future Market Insights (FMI), the light-up shoes market is estimated at USD 254.4 million in 2022 and is projected to reach USD 376.5 million by 2033, at a CAGR of 4.00% from 2023 to 2033.
Attribute | Details |
---|---|
Estimated Light Up Shoes Market Size 2023 | USD 254.4 Million |
Projected Light Up Shoe Market (2033) Market Size | USD 376.5 Million |
Value CAGR (2022 to 2033) | 4.00% |
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Sneakers are shoes designed specifically for participating in sports or other sorts of physical exercise. They are referred to as the category of footwear with a flexible rubber or synthetic sole. The top section of the shoes is made of cloth, leather, or synthetic substitutes. These shoes are widely worn as everyday footwear.
The light up shoes were trending in the 90s, as new fashion trends were introduced in countries like the USA and endorsed by celebrities.
The translucent sole of the LED shoes or light-up shoes contains LED lights or a light strip with a battery. These shoes are designed to be visually appealing and attention-grabbing. These are popular among teens and adults who enjoy partying or other activities that include flashing lights. LED sneakers or light-up shoes are mostly intended for children due to their brilliant and dazzling illumination. Because children enjoy flashy items, manufacturers are producing light-up shoes in a range of colors and designs, providing parents with a variety of possibilities and choices.
Teenagers and adults typically use these light-up shoes for special night parties and raves, when the such light-up gear is widely worn as part of the party concept. Pop culture also has a significant effect on the use of light-up shoes and other glowing accessories.
The light-up shoes concept first occurred in 1992, with popular shoe brand LA Gear introducing a special sneaker, having a transparent heel and lights, lighting up on every step. Kids in America were the main target of the manufacturers, but adults also started showing interest, making these LED light-up shoes popular. But the lack of proper technology and harmful batteries used for these shoes ended this trend quickly.
As these 90s kids are adults with disposable income and time for recreational activities and parties in clubs, these shoes have regained their demand. Not just 90s now-adult kids, but children and teenagers are also loving the concept of light-up shoes. The advanced technology made these shoes more versatile and long-lasting, along with additional features, allowing modifying the light colors and lighting pattern.
Many clubs and pubs have themed events and raves, where flashing bright LED lights are frequent. Many musical events are held at night, and such illuminating gear is employed to make the experience more exciting and memorable. Light-up shoes are a frequent component of the attire at such locations, making partygoers the primary market target.
LED shoes are once again gaining popularity among individuals all around the world. There aren't many major producers of light-up shoes on the market, but shoe modifiers provide a variety of shoes with LED lights, and accessory shops sell unique LED lights to clients for a DIY experience.
The light-up sneakers for children inspire them to move and run around, keeping them active and healthy. These shoes not only make children seem fashionable and cheerful, but they also make them sporty and active.
Light-up shoes are popular among dancers. They employ these lighting effects of shoes to coordinate with music and beats to create an immersive and impactful effect in the recorded videos and live performances. The light-up shoes are most commonly associated with shuffle dance, which includes sharp leg movements along with musical beats. They are frequently used by social media entertainers in their videos.
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DIY light-up shoes, concerts, and rave parties are making the light-up shoes popular in the USA
The USA has a considerable number of bars and nightclubs. These clubs have dance floors and stages for DJs to perform or for some live music performances. People attend parties and events frequently to enjoy the environment and have alcohol and food. There are many events arranged by these bars and nightclubs, one of them being the glow-up parties, where people wear luminous clothes and gear.
Not just in nightclubs, content creators use light-up gears to add depth and creativity to their videos. As influencers and celebrities are featuring these gears in their videos, followers also purchase them to recreate the look or start a trend.
DIY enthusiasts are also making their own LED shoes using LED light stripes and simple circuit chips available at hardware shops and online marketplaces.
Nightlife and K-Pop are influencing the choices of Korean customers.
Korea is full of party people, and they love drinking and dancing all night to EDM and heavy-beat music. Korean people like to party all week, and weekends are for partying all night. People from the country are known for their love for music and dance, along with their flashy fashion sense. Both men and women love to dress up for parties and enjoy dancing. Teenagers and adults use light-up shoes to show off at clubs and music festivals, making light-up shoes trending in the country.
The influence of Korean pop music is known worldwide, and the use of light-up shoes is commonly seen in live performances and music videos. This influence of celebrities can be observed in people, increasing light-up shoe sales.
Made-in-China products are gaining popularity in the USA and European countries.
China is the most important market for makers of light-up shoes. There are several producers who develop and export light-up shoes in various shapes and styles, rechargeable USB LED light shoes being the most popular variety. Manufacturers are creating shoes with LED light modules and specific light kits, as well as fiber optic material, to make the entire shoe glow in multiple colors rather than just the sole.
The market for light-up shoes is large in China due to the abundance of raw materials, inexpensive labor, and technical improvements that allow for the mass manufacture of the items. The United States is China's largest importer of LED shoes, followed by European countries, Japan and Korea.
Lace-up Shoes are the most popular type in light up shoe market
Lace-up types of light-up shoes are popular among customers. Laced shoes are the most common all over the world, and are the most preferred by all customers due to their effective support to feet while doing any activity. Also, many light-up shoes come with LED-embedded shoe laces, making them even more attractive.
Transparent rubber soles are commonly used by manufacturers for light-up shoes.
Rubber soles are commonly used for light-up shoes. Rubber soles have high transparency and can be modified by adding dyes. These transparent and translucent soles add a high-end and classy look to shoes and also help in light transfer, making the sole light up completely. The rubber sole also has high tensile strength and flexibility, making it suitable for protecting the battery and LED light components inside the shoe.
Faux leather is used as it is durable and water-resistant.
Faux leather is commonly used for the outer part of light-up shoes. The faux leather is made from plastic, making it artificial leather. Faux leather is sturdy and durable, can retain its form once shaped, and are more water resistant than genuine leather, which are ideal qualities required for LED Shoes.
Manufacturers are producing different styles of light-up shoes, with lighting-up soles and a whole outer body made from optic fiber, giving the shoe a completely modern and pop look.
For Instance:
Attribute | Details |
---|---|
Forecast Period | 2023 to 2033 |
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 and Africa(MEA) |
Key Countries Covered | USA, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, Russia, South Africa, Northern Africa GCC Countries, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia & New Zealand. |
Key Segments Covered | Product Type, Closure Type, Sole Material, Outer Material, Sales Channel, and Region. |
Key Companies Profiled | Skechers; Bold N Elegant; Voovix; Mr. SHOES; Li Ning Shoes; BRIGHT LED shoes; The Quirky Naari; Flyknit; CHiU; DIYJTS; Shinmax; Others |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
Through 2033, the market is projected to develop at a CAGR of 4.0%.
By 2033, the industry is to have expanded to USD 254.4 million.
In 2023, the market to reach a worth of USD 376.5 million.
The market's dominant segment for closure types is lace-up shoes.
Manufacturers of light up shoes frequently use transparent rubber soles.
1. Executive Summary 2. Market Overview 3. Key Market Trends 4. Market Demand Analysis 2017 to 2021 and Forecast, 2022 to 2032 6. Market Demand (in Value or in US$ 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 Product Type 8.1. Adult 8.2. Children 9. Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Closure Type 9.1. Lace-up 9.2. Elastic 9.3. Velcro 9.4. Slip-on 10. Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Sole Material 10.1. Rubber 10.2. Polyurethane 10.3. Leather 10.4. EVA 10.5. Others 11. Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Outer Material 11.1. Genuine Leather 11.2. Faux Leather 11.3. Canvas 11.4. Mesh 11.5. Others 12. Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Sales Channel 12.1. Multi-brand Stores 12.2. Independent Small Stores 12.3. Online Retailers 12.4. Other Sales Channel 13. Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Region 13.1. North America 13.2. Latin America 13.3. Europe 13.4. East Asia 13.5. South Asia 13.6. Oceania 13.7. Middle East and Africa (MEA) 14. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032 15. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032 16. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032 17. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032 18. South Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032 19. Oceania Market Analysis 2017 to 2021 and Forecast 2022 to 2032 20. MEA Market Analysis 2017 to 2021 and Forecast 2022 to 2032 21. Key Countries Market Analysis 22. Market Structure Analysis 23. Competition Analysis 23.1. Skechers 23.2. Bold N Elegant 23.3. Voovix 23.4. Mr. SHOES 23.5. Li Ning Shoes 23.6. BRIGHT LED Shoes 23.7. The Quirky Naari 23.8. Flyknit 23.9. CHiU 23.10. DIYJTS 23.11. Shinmax 23.12. Others (As per Request) 24. Assumptions and Acronyms Used 25. Research Methodology
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