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Shoe Packaging Market : Global Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluation

Published On : 11:55 PM, 19th April, 2018 REP-ID-547 Category: Packaging

Shoe Packaging Market Overview

It is defined as a packaging used to package shoes in order to provide safety to the shoe. Shoe packaging provides protection against dust, damage, and atmospheric moisture. Shoe packaging differs from brand to brand. Moreover, printed shoe packaging provides detailed information about the shoe and it is considered as an effective communication of product information and branding elements.

Market Size and Forecast

Global shoe packaging market is anticipated to flourish at a CAGR of 3.5% over the forecast period i.e. 2017-2024. Further, the market of shoe packaging is escalating on the back of growing shoes industry all across the globe.

shoe Packaging market

The global shoe packaging market is segmented into shoe type, packaging and region. On the basis of shoe type, the market is segmented into leather shoes, long boots, short shoes, loafers, running shoes and casual shoes, out of which casual shoes packaging is expected account for the biggest market in overall shoe packaging market and is projected to witness significant CAGR by the end of 2024. In addition to this, wide product portfolio of casual shoes along with high adoption rate is projected to boost the demand for casual shoes which is expected to fuel the growth of casual shoes packaging market by 2024. Furthermore, running shoe segment is believed to grow stupendously by the end of 2024 owing to rising consumer awareness regarding fitness and wellness.

In the regional platform, Asia-Pacific region is estimated to be the biggest market of shoe packaging in 2016. Additionally, Asia-Pacific region is believed to continue its dominance during the forecast period owing to growing population along with rising per capita income of the middle class population in this region have augmented the demand for shoes which is believed to foster the growth of shoe packaging market. The major countries contributing in the market of shoe packaging are China, Japan and India.

North America accounted the second largest market of shoe packaging in 2016 aided by U.S. Further, rising adoption of sustainable packaging in North America region due to stringent environmental regulations taken by government for the environmental safety. In North America, U.S. captured the biggest shoe packaging market in 2016. Further, increasing research and development activities by major key players is also predicted to bolster the growth of shoe packaging market. Europe is anticipated to witness a tremendous growth during the forecast period. U.K. and France are the major countries witnessing the augmented demand for shoe packaging.

Market Segmentation

Our in-depth analysis has segmented global shoe packaging market into the following segments:

By Shoe Type

  • Leather shoes
  • Long boots
  • Short shoes
  • Loafers
  • Running shoes
  • Casual shoes

By Packaging

  • Reusable Shoe Packaging
  • Sustainable Reduced Shoe Boxes
  • Corrugated Boxes
  • Tubular Packaging

By Region

Global shoe packaging market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Turkey, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, Malaysia, South Korea, Singapore, Australia, New Zealand, Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (GCC, Turkey, Israel, North Africa, South Africa, Rest of Middle East) Market size, Y-O-Y growth & Opportunity Analysis

Growth Drivers and Challenges

Rising environmental concerns and growing public awareness about eco-friendly shoe packaging are envisioned to be the dynamic factor behind the rapid growth of shoe packaging market over the forecast period. Further, rapid urbanization coupled with changing lifestyle of the consumers have augmented the demand for attractive and innovative shoe packaging which is projected to boost the demand for shoe packaging by the end of 2024. Likely, various big players of shoe packaging is continuously advancing their shoe packaging product portfolio by investing in research and development activities. Moreover, increasing demand for eco-friendly shoe packaging is predicted to positively impact the growth of shoe packaging market.

Moreover, strict government legislations for the safety of environment coupled with availability of incentives and support from the government is one of the major factors behind the growth of sustainable shoe packaging market. Further, rapidly growing population is projected to boost the demand for shoes which in turn believed to flourish the growth of shoe packaging market.

However, innovative packaging can increase the overall price of shoe which is expected to create reluctance among the consumer to buy shoe which in turn hamper the growth of shoe packaging market globally.   

Key Players

  • Marber srl
    • Company Overview
    • Key Product Offerings
    • Business Strategy
    • SWOT Analysis
    • Financials
  • M. K. Packaging
  • Packman
  • Precious Packaging
  • Royal Packer
  • Sneakerbox Co.
  • Samrat Box Mfg. Co. Pvt. Ltd
  • Packaging of the World
  • Elevated Packaging
  • Cross Country Box Company Inc.

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The global shoe packaging market is segmented as follows:

  • By Shoe Type Market Size & Y-O-Y Growth Analysis
  • By Packaging Market Size & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

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