Knitted upper in the shoe refers to the upper material prepared by the machine which provides extra comfort and support with the athletic look. The shoe with a knitted upper requires little to no manual labor and increases the production process and eliminates the additional cost. The global Shoe with Knitted Upper market is expected to rise at a significant rate in the forthcoming years due to increasing demand for advanced footwear with additional comfort.
In recent years, due to an increase in awareness of the ill effects of obesity and overweight, people participate in jogging and other exercises. This in turn has propelled the demand for a shoe with knitted uppers. This key factor boosting the growth of the global Shoe with Knitted Upper market. Furthermore, a rise in the living standards along with an increase in disposable income of people around the world drives the growth of the market. In addition, the growing demand for this product is also attributed to the functional benefits of being lightweight and comfortable, which also supports the market’s growth. Furthermore, increasing the number of sports-inspired children and rise in concerns about foot health among customers also escalate the growth of the shoe with knitted upper market.
On the other hand, strict implementations of government regulations toward footwear industries majorly restrict the growth of the shoe with knitted upper market. Apart from this, the upsurge in e-commerce is projected to provide various growth opportunities for this market in the future.
Covid-19 Impact on Shoe with Knitted Upper Market
Consumers across the globe are adjusting to the new normal and there is a noteworthy discrepancy in consumer behavior. Consumer's purchasing habits, behavior, and attitudes have changed in light of COVID-19. People are shopping very consciously and are majorly centered on basic needs and are buying locally. Consumers are using digital commerce to play, learn, and connect to manage isolation and follow social distancing policy. The covid-19 has consistently impacted the shopping behavior of 9 in 10 consumers. Nearly 30-50 percent of the consumers have shifted towards online shopping from March 2020 to December 2020.
Shoe with Knitted Upper Market Segment Overview
Based on Type, the Casual Shoe segment occupied the largest share of the shoe with knitted upper market. This is mainly attributed to the rise in the disposable income of consumers all over the world. Besides, social media and aggressive advertising has encouraged people to spend more on consumer goods such as clothes and shoes, which has further added to the growth of this segment. Additionally, the running shoe is the fastest-growing segment in this market. This is due to the rise in the number of sport-inspired children as well as growth in the trend of health and fitness among consumers all around the world.
Shoe with Knitted Upper Market, By Type
· Casual Shoes
· Sports Shoes
· Running Shoes
Shoe with Knitted Upper Market, By Distribution Channel
· Supermarkets & Hypermarkets
· Specialty Stores
· E-commerce
· Others
Shoe with Knitted Upper Market Regional Overview
In terms of region, North America is projected to account for the maximum share of the global shoe with the knitted upper market over the forecast period. This is due to the increased adoption of this product in this region. Furthermore, high disposable income and the presence of advanced technology coupled with the presence of developed infrastructure for the development of advanced products are some aspects that intensify the growth of shoe with the knitted upper market in this region. Likewise, the Asia Pacific is projected to show rapid growth with a gradual increase in market share due to the upsurge in disposable income and growth in sports activities in the region. Additionally, increase health concern has also increased the physical activities like gym, jogging, and others have also augmented the demand for shoe with knitted upper market.
Shoe with Knitted Upper Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Shoe with Knitted Upper Market Competitor overview
Some key developments and strategies adopted by manufacturers in Shoe with Knitted Upper are highlighted below.
· In June 2021, Two medium-sized German enterprises -KARL MAYER STOLL Textilmaschinenfabrik GmbH and DESMA Schuhmaschinen GmbH enter into expert project for radical reduction of lead times in the shoe’s development and production process. The two partners are confident that combining their specialisms at every stage of the shoe industry’s global value chain is an opportunity that promises plenty of potential for optimisation.
Shoe with Knitted Upper Market, Key Players
· Asics Corporation
· Adidas AG
· FILA Korea ltd.
· K-SWISS (E. Land World Company, ltd.)
· Jack Wolfskin GmbH & Co. KGaA
· Puma SE (Kering)
· New Balance
· Nike, Inc.
· VF Corporation (VFC)
· Skechers USA, Inc.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Shoe with Knitted Upper Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Casual Shoes
- 5.2.2. Sports Shoes
- 5.2.3. Running Shoes
- 5.3. Market Analysis, Insights and Forecast – By Distribution Channel
- 5.3.1. Supermarkets & Hypermarkets
- 5.3.2. Specialty Stores
- 5.3.3. E-commerce
- 5.3.4. Others
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Shoe with Knitted Upper Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Casual Shoes
- 6.2.2. Sports Shoes
- 6.2.3. Running Shoes
- 6.3. Market Analysis, Insights and Forecast – By Distribution Channel
- 6.3.1. Supermarkets & Hypermarkets
- 6.3.2. Specialty Stores
- 6.3.3. E-commerce
- 6.3.4. Others
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Shoe with Knitted Upper Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Casual Shoes
- 7.2.2. Sports Shoes
- 7.2.3. Running Shoes
- 7.3. Market Analysis, Insights and Forecast – By Distribution Channel
- 7.3.1. Supermarkets & Hypermarkets
- 7.3.2. Specialty Stores
- 7.3.3. E-commerce
- 7.3.4. Others
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Shoe with Knitted Upper Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Casual Shoes
- 8.2.2. Sports Shoes
- 8.2.3. Running Shoes
- 8.3. Market Analysis, Insights and Forecast – By Distribution Channel
- 8.3.1. Supermarkets & Hypermarkets
- 8.3.2. Specialty Stores
- 8.3.3. E-commerce
- 8.3.4. Others
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Shoe with Knitted Upper Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Casual Shoes
- 9.2.2. Sports Shoes
- 9.2.3. Running Shoes
- 9.3. Market Analysis, Insights and Forecast – By Distribution Channel
- 9.3.1. Supermarkets & Hypermarkets
- 9.3.2. Specialty Stores
- 9.3.3. E-commerce
- 9.3.4. Others
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Asics Corporation
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Adidas AG
- 10.6. FILA Korea ltd.
- 10.7. K-SWISS (E. Land World Company, ltd.)
- 10.8. Jack Wolfskin GmbH & Co. KGaA
- 10.9. Puma SE (Kering)
- 10.10. New Balance
- 10.11. Nike, Inc.8
- 10.12. VF Corporation (VFC)
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
