DUBLIN--(BUSINESS WIRE)--The "Australia Footwear Market Size and Forecast by Type (Men, Women, Children), by Distribution Channel (Online, Offline) and Trend Analysis, 2015-2025" report has been added to ResearchAndMarkets.com's offering.
Australia footwear market expected to reach USD 3.86 billion by 2025, owing to the athleisure trend especially amongst women. Rising influence of fashion is one of the key factors contributing the upsurge in footwear industry revenue in Australia. Trend of wearing matching fashionable shoes with outfits is expected to drive demand for footwear market over the forecast period.
In recent times, the growing usage of shoe-knitting technology for manufacturing shoes is gaining traction in footwear industry. Shoe-knitting technology generates minimal waste thus helping in reducing labor and material cost. This technology benefits shoes manufacturers in reducing time and shipping cost as shoes can be converted into finished goods at the same place.
Footwear are made from raw material such as plastic, rubber, leather, and others. Polyester is one of the most widely used raw material for manufacturing knitted shoes owing to the recycling characteristics of the material. The market players are introducing new ways for manufacturing shoes with minimal wastages and less time.
The demand for trendy, comfortable and fashionable shoes from all age groups is rising on account of increasing consumer spending on clothing and footwear. Changing lifestyle coupled with increasing participation in sports activities has increased demand for sports shoes. Footwear companies in Australia sells its product to its consumers through online and offline distribution channels. Offline distribution channel held the largest share in the market.
- Nike, Inc.
- adidas Australia
- H & M Hennes & Mauritz AB
- PUMA SE
- Kickstarter, PBC
Key Topics Covered:
Chapter 1. Executive Summary
Chapter 2. Methodology and Scope
Chapter 3. Introduction
Chapter 4. Footwear Market Trends: Drivers & Opportunities
Chapter 5. Footwear Market Trends, By Type
Chapter 6. Footwear Market Trends, By Distribution Channel
Chapter 7. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/x6j5k9/australia?w=4