WILMINGTON, DE / ACCESSWIRE / May 31, 2023 / Transparency Market Research Inc. - The global toddler shoes market was valued at US$ 41.6 Bn in 2022 and is projected to reach US$ 87.2 Bn by 2031. Shoe manufacturers are focusing on sustainably made kids' shoes to attract parents. Introduction of toddler shoes with a significant percentage of biomaterials has broadened market outlook.
Surge in adoption of baby shoes that are breathable, lightweight, and offer increased comfort to the toddler in a wide range of activities is anticipated to accelerate toddler shoes market development. Toddler shoes with adaptable soles and replaceable soles are likely to gain traction among customers in the market.
Considerable focus on baby wellbeing is expected to bolster the toddler shoes market. Rise in demand for orthopedic shoes for toddlers to meet specialized requirements offers lucrative opportunities to companies. For instance, rapid increase in demand for shoes for kids who have abnormally shaped toes is likely to boost the market.
Surge in usage of anti-skid unisex shoes (for both boys and girls) among toddlers for running and similar activities is strengthening market development.
Footwear brands are focusing on insole and sole technology to develop durable shoes that can last more than a year in order to enhance market share. For instance, toddler shoes that can stretch up to three sizes have gained popularity among parents.
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Market Snapshot:
| Report Coverage | Details |
| Market Revenue | US$ 41.6 Bn |
| Estimated Value | US$ 87.2 Bn |
| Growth Rate - CAGR | 7.7% |
| Forecast Period | 2023-2031 |
| No. of Pages | 160 Pages |
| Market Segmentation | Material Type, Gender, Style Type, Toe Type, Shoe Height, Price, Distribution Channel |
| Regions Covered | North America, Europe, Asia Pacific, Middle East & Africa, South America |
| Companies Covered | Adidas AG, ASICS Corporation, Carter's, Inc., New Balance, Nike, Inc., Puma SE, See Kai Run., Skechers India, Ten Little, Wolverine World Wide |
Key Findings of Study
- Rise in Preference for Cotton Toddler Shoes: Based on material type, the cotton segment is projected to constitute the leading share of the global toddler shoes market from 2023 to 2031. Preference for cotton as the primary material is due to the fact that it is soft and hypoallergenic. Aside from cotton, shoe manufacturers are incorporating biomaterials in the soles and other parts of the shoe. An example is the use of sugarcane-derived resin.
- Rapid Increase in Popularity of Biodegradable Shoes: Considerable popularity of biodegradable shoes presents significant growth opportunities for companies in the toddler shoes market. These shoes are built to promote sustainability in mind.
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Key Drivers
- Steady increase in the spending capacity of parents is a key factor expected to drive the toddler shoes market. Parents have become more conscious of the apparel and shoes worn by their kids as they are increasingly focusing on wellbeing. This is likely to bolster the popularity of shoes that cater to the developmental needs of toddlers' growing feet and bodies.
- Continuous advancements in manufacturing technologies have led to market evolution. Shoemakers are utilizing advanced, patented technology to develop shoes that are adaptable, breathable, and 360-degree flexible. An instance is the increase in application of manufacturing technology for the development of podiatrist-approved shoes.
Regional Growth Dynamics
Asia Pacific is projected to account for the leading market share from 2023 to 2031. High birth rate has fueled toddler shoes market growth in the region in the past few years. Rise in demand for toddler shoes in e-commerce channels is likely to augment market size in Asia Pacific.
Rapid expansion of the e-commerce sector and rise in disposable incomes among middle-class consumers are propelling the market. Considerable demand for toddler shoes in South Korea, China, and Japan is expected to spur market development in Asia Pacific in the near future.
The market in North America is anticipated to offer steady growth opportunities in the next few years. Presence of several globally prominent footwear brands in the region is likely to fueling market growth.
Surge in the availability of stylish baby shoes and rise in the popularity of sustainably made toddler shoes are bolstering the market in North America.
Competition Landscape
Leading companies operating in the toddler shoes market are Adidas AG, ASCICS Corporation, Carter's Inc., Puma SE, Nike Inc., See Kai Run, Ten Little, and New Balance. The business landscape is highly competitive, with the presence of several global and regional market players.
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Global Toddler Shoes Market Segmentation
Material Type
- Leather
- Canvas
- Cotton
- Polyester
- Others (Rubber, Suede, etc.)
Gender
- Boy
- Girl
- Unisex
Style Type
- Slip-on
- Strap
- Hook & Loop
- Others (Lace-up, etc.)
Toe Type
- Narrow
- Medium
- Wide
- X-Wide
Shoe Height
- Low-top
- Mid-top
- High-top
Price
- Low
- Medium
- High
Distribution Channel
- Online
- Company-owned Websites
- E-commerce Websites
- Offline
- Supermarkets/Hypermarkets
- Specialty Stores
- Other (Retail Stores, etc.)
Region
- North America
- Europe
- Middle East & Africa
- Asia Pacific
- South America
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