Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global Flip-Flops
Market makes an offering of in-depth analysis of segments and sub-segments in
the regional and international Flip-Flops Market. The research also emphasizes
on the impact of restraints, drivers, and macro indicators on the regional and global
Flip-Flops Market over the short as well as long period of time. A detailed
presentation of forecast, trends, and dollar values of global Flip-Flops Market
`is offered. In accordance with the report, the global Flip-Flops Market is
projected to expand at a CAGR of 4.2% over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
Flip-Flops are
simple sandals used for daily purpose. These are basically flat soled shoes
with an inverse Y shaped strap to separate the big finger and the second finger
of the toe and hold the feet properly. These are uncovered shoes facilitating
the contact of feet with the atmosphere. These are adaptable, cozy, flexible,
lightweight and comfy. These sandals are made up of rubber, plastic and other
materials. Low prices of this product and the strength and durability of this
product is driving its market. Owing to cheap price of the good, these sandals
are worn by the weaker sections of the society for their day to day use These
products are basically worn in the summer season. But due to its increasing
benefits it is used through out the year and at home in winter season. The
product’s usability throughout the year is sustaining the Flip-Flop market.
Apart from daily outdoor usage, it can also be used in the beaches, during
surfing, a casual day outing. This is also determining the growth of this
market. These Flip-Flops come in a variety of designs and are hence very
attractive. Its attractiveness coupled with its usage in a variety of occasions
is boosting the growth of this market. Consumers are increasingly preferring
footwears that are comfortable, eye catchy, safe and utilitarian. Flip-Flops
satisfies all these conditions and hence widely used and demanded. This is empowering
the growth of market. Also, changing fashion trends is likely to fuel the
growth of the Flip-Flops Market. The rising disposable income and dynamic
lifestyle is also driving the growth of this market.
These flip-flops
are generally made of plastics and rubber which does not go hand-in-hand with
the environmental standards. Increasing environmental concerns and the use of
disposable materials that does not adversely affect this market is hindering
the growth of this market. Also, along the production process of this goods,
various hazardous materials are used which are not eco-friendly. These is
severely blocking the growth of this market.
Innovations in
the raw materials used in the production of flip-flops is likely to be good
opportunity for the growth of this market. For instance, in 2018, Allbirds set
in motion a kind of flip-flop that was made out of sugar cane. This
introduction is doing away the environmental threats posed by this market.
Apart from this the tendency of all year-round usage of flip-flops is a good
chance to have a market of this product throughout. The benefits associated
with the use of flip-flops is high as compared to its price. This is a great
backup of the flip-flops market.
Segment Covered:
This market
intelligence report on the global Flip-Flops Market encompasses market segments
based on material, end user, distributional channel, and country/regions.
By product material, the Flip-Flops Market is segregated into,
§ Ethylene-Vinyl Acetate (EVA)
§ EVA and Rubber
§ Rubber
§ Polyvinyl Chloride (PVC)
§ Others
By end user, the Flip-Flops Market is classified into,
§ Female (adult, children)
§ Male (adult, children)
By distributional channel, the Flip-Flops
Market is segmented into,
§ Online stores
§ Offline stores (retail stores)
By country/region, the Flip=Flops Market is divided into,
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ Roxy Inc
§ TRESTLES IP HOLDINGS LLC
§ MONSOON
§ Kate Spade
§ Grendene USA
§ Relaxo Footwears Ltd
§ Allbirds Inc
§ River Light V, L.P
§ Nike Inc
§ BasicNet S.P.A
§ FatFace
§ Adidas AG
§ DECKERS BRANDS
§ SKECHERS USA
§ Crocs Retail LLC
Other players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Flip-Flops Market related investment &
spending and developments by major players of the market are tracked in this
global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Flip-Flops Market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2020 – 2028, taking into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Flip-Flops Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as Crocs Retail LLC,
SKECHERS USA, DECKERS BRANDS, Adidas AG, FatFace, Nike Inc, BasicNet S.P.A and
many more.
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Flip-Flops caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for
Flip-Flops Market. The research also caters to the rising needs of consulting
and research firms, financial analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Flip-Flops Market
v
Identification
of key factors driving investment opportunities in the Flip-Flops Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop strategies
based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants