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Australia footwear market was valued at USD 3.2 billion in 2017 and is expected to grow over the forecast period. Market is primarily driven by increasing discretionary spending coupled with the rising fashion trends in the country. The revenue for footwear industry is projected to grow on account of mounting demand for sports and fashionable shoes.
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Your Catalyst to a Lucrative Business Australia Footwear Market Size, Share, Growth, Price Trends, Competitive Strategies and Forescast to 2025 | Hexa Research “Australia footwear market was valued at USD 3.2 billion in 2017 and is expected to grow over the forecast period” 20 September 2018, 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. Furthermore, technologies such as 3D printed technology is making the production easy with minimal wastage and less time. These technologies are helping to boost the production and revenue for shoes manufacturing companies in near future. 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. For instance, In March 2014, Adidas introduced its first knitted soccer cleat. The shoes offered both safety and comfort to the players while paying football. Browse Details of Report @https://www.hexaresearch.com/research-report/australia-footwear-market Follow Us:
Your Catalyst to a Lucrative Business 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. The factors such as high mobile penetration, consumer buying behavior, and ease of buying are intensifying the growth of online distribution channel over the forecast period. Australia footwear industry is fragmented in nature with the presence of large number of small and large players in the market. The key players in operating in market are Nike, Inc., adidas Australia, H & M Hennes & Mauritz AB, PUMA SE, and Kickstarter, PBC. The manufacturers are concentrating on expanding their product portfolio by introducing variety of footwear in order to gain competitive advantage over its competitors in the footwear industry. Hexa Research has segmented the Australia footwear market report based on type and distribution channel: Segmentation by Type, 2015 - 2025 • Women • Men • Children Segmentation by Distribution Channel, 2017 • Online • Offline Key players analyzed • Nike, Inc. • adidas Australia • H & M Hennes & Mauritz AB • PUMA SE • Kickstarter, PBC Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/consumer- goods-industry Follow Us:
Your Catalyst to a Lucrative Business Table of Contents of Australia Footwear Market: Chapter 1. Executive Summary Chapter 2. Methodology and Scope 2.1. Research methodology 2.2. Assumptions 2.3. List of data sources Chapter 3. Introduction 3.1. Research scope & market segmentation Chapter 4. Footwear Market Trends: Drivers & Opportunities 4.1. Key industry trends 4.1.1. Market drivers 4.1.2. Market restraints 4.2. Supply chain analysis 4.3. Porter's Five Forces analysis Chapter 5. Footwear Market Trends, By Type 5.1. Australia footwear market movement, by type, 2017 & 2025 5.1.1. Women 5.1.1.1. Market estimates and forecast, 2015 - 2025 (USD Billion) 5.1.2. Men 5.1.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion) 5.1.3. Children 5.1.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion) Chapter 6. Footwear Market Trends, By Distribution Channel 6.1. Australia Footwear market movement, by distribution channel, 2017 (% Share) 6.1.1. Online 6.1.2. Offline Chapter 7. Competitive Landscape 7.1. Competitive landscape analysis, 2017 7.2. Strategic framework Follow Us:
Your Catalyst to a Lucrative Business 7.3. Company profiles 7.3.1. Nike, Inc. 7.3.1.1. Company Overview 7.3.1.2. Product Benchmarking 7.3.1.3. Financial Performance 7.3.1.4. Recent Initiatives 7.3.2. adidas Australia 7.3.2.1. Company Overview 7.3.2.2. Product Benchmarking 7.3.2.3. Financial Performance 7.3.2.4. Recent Initiatives 7.3.3. H & M Hennes & Mauritz AB 7.3.3.1. Company Overview 7.3.3.2. Product Benchmarking 7.3.3.3. Financial Performance 7.3.3.4. Recent Initiatives 7.3.4. PUMA SE 7.3.4.1. Company Overview 7.3.4.2. Product Benchmarking 7.3.4.3. Financial Performance 7.3.4.4. Recent Initiatives 7.3.5. Kickstarter, PBC 7.3.5.1. Company Overview 7.3.5.2. Product Benchmarking 7.3.5.3. Financial Performance 7.3.5.4. Recent Initiatives 7.3.6. List of other vendors Follow Us:
Your Catalyst to a Lucrative Business About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website: https://www.hexaresearch.com Follow Us: