Custom Shoes Global Market Sales Estimated to Hit $3.75 Billion at a CAGR of 10.4% By 2028 | Says The Business Research Company

"The new report published by The Business Research Company, titled ""Custom Shoes Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the custom shoes market size has grown rapidly in recent years. It will grow from $2.25 billion in 2023 to $2.52 billion in 2024 at a compound annual growth rate (CAGR) of 12.0%. The custom shoes market size is expected to see rapid growth in the next few years. It will grow to $3.75 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%.

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Rise In E-commerce Fuels Custom Shoes Market Growth
The rise of e-commerce is expected to propel the growth of the custom shoes market going forward. E-commerce, or electronic commerce, refers to the buying and selling of goods and services over the Internet, involving the exchange of funds and data to complete the sale. E-commerce has grown significantly in recent years as a result of several causes, such as the ease of buying online, the availability of a greater selection of goods, and the rising popularity of using mobile devices for shopping. The rise of e-commerce has been facilitated by the proliferation of custom shoes, as online platforms offer a wide choice of custom shoes, allowing customers to select and customize their shoes according to their preferences and activities. For instance, in November 2023, according to reports published by the United States Census Bureau, a US-based government agency, retail e-commerce sales in the U.S. amounted to $284.1 billion in the third quarter of 2023, representing a 7.6% increase from the same period in 2022 and accounting for 15.6% of total sales. Therefore, the rise of e-commerce is driving the growth of the custom shoes market.

Custom Shoes Market Drive Innovation with Smart Running Shoes
Major companies operating in the custom shoes market are increasing their focus on developing innovative products, such as smart running shoes, to gain a competitive edge in the market. Smart running shoes are technologically advanced wearables that record biometric data, allowing users to analyze their running style, measure strain, impact, and balance, and make suggestions that support their personal training goals. For instance, in August 2022, Anta Sports Products Limited, a China-based sports equipment company, launched the Olympic Champion running shoes, a brand-new custom-fit running shoe with smart sports technology developed in collaboration with HUAWEI Health, a health and fitness app. The running shoes are equipped with two Olympic core technologies, including Anta's nitrogen technology platform and carbon tube suspension system, and they are designed for both athletes and ordinary runners, providing reliable running equipment for 5-10 km of running.

The custom shoes market covered in this report is segmented -
1) By Product Type: Athletic, Non-athletic, Safety, Formal, Casual, Other Products
2) By Material Type: Leather, Synthetics, Rubber, Textile, Other Materials
3) By Distribution Channel: Offline, Online
4) By End User: Men, Women, Unisex, Kids

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Major companies operating in the custom shoes market are Nike Inc., Adidas AG, Vans Inc., PUMA SE, Skechers USA Inc., New Balance Athletics Inc., Asics, Crocs Inc., Wolverine World Wide Inc., Genesco Inc., Converse Inc., Steve Madden Ltd., Timberland LLC, Geox SpA, Clarks, Sperry, John Lobb, Shoes Of Prey, Crockett & Jones Ltd., Carmina Shoemaker, Rancourt & Company Shoecrafters Inc., Edward Green & Co. Ltd., Italian Shoe Factory, AliveShoes Inc., Undandy S.A., Right Way Custom Molded Shoes Inc., J.M. Weston SAS, Toesmith Shoes Inc.

Contents of the report:
1. Executive Summary
2. Custom Shoes Market Report Structure
3. Custom Shoes Market Trends And Strategies
4. Custom Shoes Market - Macro Economic Scenario
5. Custom Shoes Market Size And Growth
…..
27. Custom Shoes Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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