Kids Footwear Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0192840
  • Format: Electronic (PDF)
  • Number of Pages: 214
  • Author(s): Joshi, Madhavi

Report Overview

The Kids Footwear Market size was estimated at USD 28 billion in 2023 and is projected to reach USD 48 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.80% during the forecast period (2024-2030).

Kids Footwear Market

(Market Size)
$28 billion
$48 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 7.80%
2023 Market Size USD 28 billion
2030 Market Size USD 48 billion
Key Players Nike, Adidas, Skechers, Stride Rite, Crocs

Market Summary

The kids footwear market represents a significant segment within the global consumer goods industry, characterized by dynamic consumer preferences and consistent demand driven by population demographics. This market caters to footwear designed specifically for children, including infants, toddlers, and older kids, with products ranging from everyday casual shoes to specialized athletic and formal footwear. The industry is highly competitive, with numerous global and regional players vying for market share through innovation, branding, and extensive distribution networks. Key purchasing factors include comfort, durability, style, and value for money, with parents and guardians being the primary decision-makers. The market is also increasingly influenced by children's own preferences, often shaped by media, peer influence, and branding. E-commerce has become a major sales channel, complementing traditional brick-and-mortar stores such as specialty outlets, department stores, and hypermarkets. The evolution of this market is closely tied to broader economic conditions, disposable income levels, and cultural trends that influence spending on children's apparel and accessories.

Key Highlights

The kids footwear market is distinguished by several critical aspects that define its current trajectory and competitive landscape. A prominent highlight is the accelerating shift towards sustainable and ethically produced footwear, with brands increasingly incorporating eco-friendly materials and transparent supply chains to meet the demands of environmentally conscious consumers. Another significant trend is the growing emphasis on health and wellness, leading to increased demand for ergonomically designed shoes that support proper foot development and activity-specific footwear for sports and outdoor pursuits. The market is also witnessing a surge in demand for premium and branded products, driven by rising disposable incomes in emerging economies and a general willingness among parents to invest in higher-quality items for their children. Technological integration is becoming a key differentiator, with features such as smart sizing, adaptive fit technologies, and interactive design elements gaining traction. Furthermore, the competitive intensity continues to rise, not only from established athletic and apparel giants but also from a wave of digitally-native vertical brands that leverage social media and influencer marketing to build direct consumer relationships.

Drivers, Opportunities & Restraints

The growth of the kids footwear market is propelled by a confluence of drivers, including rising global birth rates in key regions, increasing parental awareness about foot health, and the influence of fashion trends that encourage frequent purchases. The expansion of retail infrastructure, particularly in developing nations, and the pervasive growth of e-commerce platforms make products more accessible than ever before. Significant opportunities exist in the development of innovative, functional products that address specific needs, such as shoes for wide feet or sensory-friendly designs, allowing brands to carve out niche segments. The untapped potential in emerging markets presents a substantial opportunity for geographic expansion and portfolio diversification. However, the market faces considerable restraints, including intense price competition that pressures profit margins and the high costs associated with research, development, and marketing for new product launches. Fluctuations in raw material prices and supply chain disruptions can also impact manufacturing consistency and cost structures. Furthermore, the market must navigate stringent safety regulations and quality standards across different countries, which can complicate product development and increase time-to-market.

Concentration Insights

The competitive concentration in the kids footwear market is characterized by the dominance of a few multinational corporations alongside a fragmented landscape of smaller, specialized players. Leading companies such as Nike, Adidas, and New Balance command significant market share through their powerful global brands, extensive research and development capabilities, and vast distribution networks that span both online and offline channels. These giants benefit from economies of scale, substantial marketing budgets, and the ability to leverage their adult footwear technologies and brand equity in the kids' segment. The market also features strong participation from specialized children's brands like Stride Rite and Geox, which focus exclusively on comfort, fit, and developmental needs. The concentration is further diversified by numerous private-label brands offered by large retailers and a growing number of direct-to-consumer startups that focus on sustainability or unique value propositions. This structure creates a competitive environment where brand loyalty, product innovation, and effective channel management are critical for maintaining and growing market position.

Type Insights

The kids footwear market is segmented by type into several distinct categories, each serving different purposes and occasions. Casual footwear constitutes a large portion of the market, encompassing everyday shoes like sneakers, loafers, and sandals designed for comfort and daily wear. This category is driven by continuous demand for versatile and stylish options that can be worn to school or during informal activities. Athletic footwear is another major segment, including shoes designed for specific sports such as running, basketball, soccer, and training. This category is influenced by growing participation in youth sports and a heightened focus on physical activity, with parents seeking shoes that offer support, durability, and performance features. Formal footwear, including dress shoes and party wear, represents a smaller but steady segment, often purchased for special events, holidays, and school functions. Furthermore, there is a niche yet growing segment for specialized footwear, such as waterproof boots for rainy seasons, lightweight shoes for summer, and thermally insulated boots for winter. Each type requires specific material choices, design philosophies, and marketing strategies to effectively target the intended consumer base.

Application Insights

The application of kids footwear is primarily segmented by the end-user demographic, which includes boys, girls, and infants. The boys' segment often emphasizes durability, functionality, and themes related to sports, adventure, and popular media franchises. Products in this category are typically designed to withstand rough use and outdoor activities, with a strong focus on athletic styles and robust construction. The girls' segment frequently showcases a wider variety of styles, colors, and designs, often influenced by fashion trends, popular characters, and a blend of casual and dressy options. This segment sees significant demand for versatile footwear that can transition from school to social occasions. The infant footwear segment is highly specialized, prioritizing soft, flexible materials that do not impede natural foot development, along with easy-on and easy-off features for convenience. Safety, comfort, and non-slip soles are paramount in this category. Across all applications, there is a universal and increasing demand for features that promote healthy foot development, use of non-toxic materials, and designs that are easy for children to manage themselves as they grow older.

Regional Insights

The demand for kids footwear exhibits distinct patterns across different geographic regions, influenced by economic development, cultural norms, and climate. The Asia Pacific region is a powerhouse of both production and consumption, driven by large youth populations in countries like China and India, rapidly growing middle-class disposable incomes, and expanding retail networks. North America represents a mature and highly competitive market where brand loyalty, innovation, and strong retail presence are key to success. Consumer demand here is driven by fashion trends, high participation rates in organized sports, and a robust e-commerce ecosystem. Europe maintains a stable market with a strong emphasis on quality, sustainability, and compliance with stringent safety regulations. Markets in Latin America and the Middle East and Africa are emerging as areas of significant growth potential, fueled by urbanization, growing awareness of branded products, and improving economic conditions. However, these regions also present challenges related to economic volatility and underdeveloped distribution channels in certain areas, requiring tailored market entry and growth strategies.

Company Insights

The kids footwear market features a diverse array of companies, from global sportswear titans to specialized children's brands. Industry leaders such as Nike and Adidas leverage their technological prowess in cushioning, support, and lightweight materials from their adult lines to create high-performance athletic footwear for children, supported by massive marketing campaigns and endorsements. Specialty brands like Stride Rite and See Kai Run have built strong reputations by focusing exclusively on the anatomical needs of developing feet, offering features like extra-wide widths and adaptive fit systems. Other significant players include VF Corporation, which owns brands like Vans, known for their casual and skate-inspired styles popular among older kids and teenagers. Skechers has also carved a substantial niche with its memory foam comfort technology and wide range of casual and light athletic options. The competitive strategies among these players revolve around continuous product innovation, strategic retail partnerships, aggressive digital marketing, and sometimes, expansion into adjacent product categories like children's apparel and accessories to build a holistic brand ecosystem.

Recent Developments

The kids footwear market is continuously evolving, with recent developments highlighting strategic shifts towards sustainability, digital engagement, and product innovation. A prominent trend among leading brands is the launch of eco-conscious collections utilizing recycled polyester, organic cotton, and water-based adhesives to reduce environmental impact. There has been a significant push towards enhancing direct-to-consumer channels, with companies investing heavily in their e-commerce platforms, mobile apps, and personalized online shopping experiences to build brand loyalty and capture valuable consumer data. Collaborations and licensing agreements with popular entertainment franchises, such as Disney movie characters or superheroes, remain a popular tactic to attract younger consumers and drive sales of themed footwear. Furthermore, companies are increasingly adopting circular economy principles, introducing shoe recycling programs and exploring resale models for kids footwear, which is often outgrown before being worn out. On the technological front, advancements in fit technology, such as scan-to-fit apps and adjustable growth-friendly designs, are being introduced to solve the perennial challenge of finding the right size and extend the wearable life of the product.

Report Segmentation

This comprehensive market research report on the kids footwear industry provides a detailed analysis segmented across multiple dimensions to offer a granular understanding of the market dynamics. The segmentation by type delves into the various product categories, including casual footwear, athletic footwear, formal footwear, and other specialized types, analyzing the demand drivers, innovation trends, and competitive landscape for each. The segmentation by application breaks down the market based on the end-user, covering boys, girls, and infants, with insights into the specific design, marketing, and distribution strategies effective for each demographic. Geographically, the report offers a thorough regional analysis, examining the market performance and future outlook in key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Furthermore, the report includes a detailed company profiling section, which assesses the market share, product portfolio, business strategies, and recent developments of the leading and emerging players in the industry. This multi-faceted segmentation allows stakeholders to identify high-growth segments, understand regional nuances, and benchmark against competitors effectively.

FAQs

What are the key drivers of the kids footwear market?

The market is primarily driven by factors such as growing child population demographics in emerging economies, rising parental disposable income leading to higher expenditure on children's products, increasing awareness about foot health and the importance of proper footwear, and the influence of fashion trends and peer pressure among older children.

What are the latest trends in kids footwear?

Current significant trends include a strong movement towards sustainability, with brands using eco-friendly materials; the integration of smart technology for better fit and comfort; the rise of unisex and gender-neutral designs; and a focus on lightweight, flexible materials that support natural foot movement.

Which region has the highest demand for kids footwear?

The Asia Pacific region is currently a major hub for demand, fueled by its large youth population, rapid urbanization, and growing middle-class wealth. Countries like China and India are particularly significant markets due to their demographic profiles and expanding retail infrastructure.

Who are the leading companies in the kids footwear market?

The market is led by global athletic giants such as Nike, Adidas, and New Balance, which leverage their brand strength and technology. Other key players include specialized children's footwear companies like Stride Rite, lifestyle brands like Skechers, and VF Corporation with its brand Vans.

How is e-commerce impacting the kids footwear market?

E-commerce has revolutionized the market by providing a convenient platform for comparison shopping, accessing a wider variety of brands and styles, and utilizing tools like virtual try-on and fit guides. It has also enabled the rise of direct-to-consumer brands that bypass traditional retail channels.

What are the challenges faced by the kids footwear market?

Major challenges include maintaining profitability amidst intense price competition, navigating volatile raw material costs, adhering to diverse and strict safety and quality regulations across different countries, and the logistical complexities of managing inventory for rapidly changing children's shoe sizes and style preferences.

Citius Research has developed a research report titled “Kids Footwear Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• Kids Footwear Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The Kids Footwear Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

Kids Footwear Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

Kids Footwear Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of Kids Footwear Market
• Research Methodology
• Executive Summary
• Market Dynamics of Kids Footwear Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of Kids Footwear Market
• Cost and Gross Margin Analysis of Kids Footwear Market
• Kids Footwear Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “Kids Footwear Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

Kids Footwear Market Key Stakeholders

Below are the key stakeholders for the Kids Footwear Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

Kids Footwear Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the Kids Footwear Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the Kids Footwear Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in Kids Footwear Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

The Global Kids Footwear Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global Kids Footwear Market is expected to grow at a CAGR of XX% from 2023 to 2030.
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For further details request a free sample copy of this report here.
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Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global Kids Footwear Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global Kids Footwear Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global Kids Footwear Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global Kids Footwear Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America Kids Footwear Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America Kids Footwear Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe Kids Footwear Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA Kids Footwear Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific Kids Footwear Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa Kids Footwear Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia Kids Footwear Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

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