Global Children Footwear Market Sluggish Growth Rate Foreseen by 2022-2028

The global children footwear market is expected to grow at a CAGR of 4.5% during the forecast period (2022-2028). IPO-bound Campus Activewear Ltd.,  a sports and athleisure footwear brand, is planning to expand its presence in west and south India. They plan to expand into new territories by deepening their presence in Western and Southern regions. They have a sustained focus on premiumization across all product categories as part of its growth strategy.  The company added that it will leverage its brand and leadership position with an increased focus on women, children and kids footwear. Currently, it has a significant presence in the North and Eastern markets with a network of 100 stores. Campus is also planning to go public in May, and is holding road shows.

Some major players in the market include Nike, Inc., Adidas AG, and Belle International Holdings Ltd., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in October 2021, Three former executives of global footwear behemoths Nike and Adidas have started a venture to make shoes for Indian children.  The startup, known as Plaeto, is a direct-to-costumer initiative that makes shoes for children and teenagers. These shoes were developed by designers and footwear engineers from India, the US, and Italy.

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Market Coverage

  • The market number available for – 2021-2028
  • Base year- 2021
  • Forecast period- 2022-2028
  • Segment Covered-
    • By Application
    • By Distribution Channel
  • Regions Covered-
    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World
  • Competitive Landscape- Nike, Inc., Adidas AG, and Belle International Holdings Ltd., among others.

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Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • How has COVID-19 impacted the market?
    • Deviation from the pre-COVID-19 forecast
    • Most affected region and segment
  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

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Global Children Footwear Market Report By Segment

By Application

  • Casual Wear
  • Party Wear

By Distribution Channel

  • Online
  • Offline

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