The global sandals market is anticipated to grow at a CAGR of 5.2% during the forecast period (2022-2028). Rising consumer preferences for branded sandals, as well as rising disposable income, are likely to boost market expansion. Additionally, increased leisure activities around the globe are further propelling the demand for casual footwear. Growing infrastructure amenities associated with shopping malls and convenience stores are expected to enhance footwear consumption and hence drive market expansion. To entice consumers to such foot wearables, producers are working on providing unique and custom footwear items like sandals, shoes, socks, sleepers, and so on. Sustainable sandals are in high demand due to growing footwear trends of generating eco-friendly footwear items. For instance, Woodland Worldwide offers Contemporary Floaters KHAKI. Sandals are known for their comfort and breathability, but the combination of these two properties and durability makes the footwear even more valuable. With a durable nubuck leather upper, this is certainly a microcosm of shoe design.
Sandals are the most prevalent style of footwear, and they are made up of a narrow thong that runs between the first and second toes, as well as an arch of the foot or around the ankle. The market is expanding due to rising customer demand for comfortable and trendy footwear. The introduction of various colored and shaped sandals by major corporations in their shops or partner stores attracts consumers to purchase such sandals, which helps the industry grow. Due to the wide availability of branded footwear products in specialty stores, the specialty stores segment is expected to hold a significant share of the global sandal market. Additionally, consumers can physically touch and compare various sandals during their purchasing activity at specialty footwear stores, which is a major factor driving segment growth.
Some major players in the market include Adidas AG, Clarks Future Footwear Pvt. Ltd., Nike Inc, Relaxo Footwears Ltd., and Woodland Worldwide, 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, collaborations, and new product launches, to stay competitive in the market.
Clarks Future Footwear Pvt. Ltd. offers Alexis Art White Patent. The upper and lining of this shoe are leather from a leather tanning factory that has won the Leather Working Group medal. A third-party organization that monitors and promotes sustainable practices in leather tanning plants.
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Market Coverage
· The market number available for – 2021-2028
· Base year- 2021
· Forecast period- 2022-2028
· Segment Covered-
· By Type
· By Distribution Channel
· Regions Covered-
· North America
· Europe
· Asia-Pacific
· Rest of the World
· Competitive Landscape- Adidas AG, Clarks Future Footwear Pvt. Ltd., Nike Inc, Relaxo Footwears Ltd., Woodland Worldwide, among others.
A full report is available at: https://orionmarketreports.com/global-sandals-market/108934/
Global Sandals Market Report by Segment
By Type
· Men’s
· Women’s
By Distribution Channel
· Supermarkets
· Specialty Stores
· Online Stores
· Others
Key questions addressed by the report
l What is the market growth rate?
l Which segment and region dominate the market in the base year?
l Which segment and region will project the fastest growth in the market?
l How has COVID-19 impacted the market?
l Deviation from the pre-COVID-19 forecast
l Most affected region and segment
l Who is the leader in the market?
l How players are addressing challenges to sustain growth?
l Where is the investment opportunity?
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