The Global High-heeled Shoe Market size is set to reach USD 53.4 billion by 2028, with a CAGR of 5.3% during the forecast period 2021-2028. The factors driving this growth are an increase in awareness about fashion and lifestyle, rising disposable income coupled with growing demand for designer footwear, increased number of women joining the workforce globally, and introduction of new designs with innovative features at different price points which are affordable to all budgets.
High-heeled Shoes are special types of footwear that raise the heel from its sole by using a type of extra-long and thin box or platform. In addition, they usually have high ridges at their bottom which makes them look even higher than usual.
On the basis of Types, the market is segmented into Stiletto Heel, Court Shoe, Wedge Boots, and Others. Among these, the court shoe segment has dominated in 2018 owing to increasing demand for such shoes from female professionals who prefer wearing them at work times.
Stiletto Heel can be defined as a very high, thin heel. It is a type of slender, high-heeled shoe with its upper pointed front that gives an illusion of length in the leg.
The Court Shoe is a type of high-heeled shoe. It has no back and covers only the top of the foot so that it can be easily slipped on for convenience. The heel height varies from 20mm to 30mm or above depending upon style preference.
Wedge boots are a type of footwear that is high-heeled. It also includes the platform wedge sandals, which feature an upper layer between two layers with different heights or surfaces to give comfortability while walking for long hours (e.g., wedding shoes).
On the basis of Application, the market is segmented into Below 20 years, 20-30 years, and 30-40 years; others include the 40+ age group. The 20-30 age group held a significant share of the global high-heeled Shoes Market in 2018 primarily due to an increase in disposable income among the teenage population coupled with changing fashion trends that emphasize fashionable footwear like High heels across this age bracket.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American market holds the major share in the global high-heeled shoe market, owing to factors such as increasing disposable income, rising demand for comfort, and good looks among women.
The Latin American Market is expected to show significant growth during the forecast period due to heavy investments by companies into infrastructure projects across Mexico and Brazil.
The growth can be attributed to the rise in disposable income along with rapid urbanization across emerging economies such as China and India. Moreover, these factors have led toward an increase in spending on premium products that are made available by luxury brands across different categories including apparel & accessories, beauty & personal care, etc., which further helps the market players (manufacturers) gain higher profits. Furthermore, consumers' inclination towards casual dressing has also boosted up this market over the past few years.
Up Market Research published a new report titled “High heeled Shoes Market research report which is segmented by Types (Stiletto Heel, Court Shoe, Wedge Boots, Others), By Applications (Below 20 years, 20-30 years, 30-40 years, Above 40 years), By Players/Companies Manolo Blahnik, Christian Louboutin, Jimmy Choo, Roger Vivier, Sergio Rossi, PierreHardy, Giuseppe Zanotti, Salvatore Ferragamo, Burberry, Alexander Wang”.
Report Attributes | Report Details |
Report Title | High heeled Shoes Market Research Report |
By Type | Stiletto Heel, Court Shoe, Wedge Boots, Others |
By Application | Below 20 years, 20-30 years, 30-40 years, Above 40 years |
By Companies | Manolo Blahnik, Christian Louboutin, Jimmy Choo, Roger Vivier, Sergio Rossi, PierreHardy, Giuseppe Zanotti, Salvatore Ferragamo, Burberry, Alexander Wang |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 246 |
Number of Tables & Figures | 173 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Stiletto Heel, Court Shoe, Wedge Boots, Others and By Application Below 20 years, 20-30 years, 30-40 years, Above 40 years.
Some of the companies that are profiled in this report are:
High heeled Shoes Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the High heeled Shoes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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