Kids Footwear Market Overview
As per MRFR analysis, the Kids Footwear Market Size was estimated at 61.14 (USD Billion) in 2022.
The Kids Footwear Market Industry is expected to grow from 63.47(USD Billion) in 2023 to 88.89 (USD Billion) by 2032. The Kids Footwear Market CAGR (growth rate) is expected to be around 3.81% during the forecast period (2024 - 2032).
Key Kids Footwear Market Trends Highlighted
Key market drivers for the Kids Footwear Market include rising awareness of healthy foot development, increasing disposable income and consumer spending, and growing urbanization.
Opportunities to be explored or captured in the Kids Footwear Market encompass the expanding e-commerce landscape, technological advancements leading to innovative designs and materials, and growth in emerging markets.
Recent trends in the Kid's Footwear Market reveal a shift towards sustainable and ethical production, a focus on comfort and functionality, and the rise of personalized and customized footwear. Additionally, collaborations between footwear brands and popular children's characters and franchises have gained traction.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Kids Footwear Market Drivers
Rising Demand for Comfortable and Functional Footwear
The increasing emphasis on children's well-being and comfort has fueled the demand for kids' footwear that prioritizes both functionality and style. Parents are actively seeking shoes that provide adequate support, breathability, and durability to cater to their children's active lifestyles. The growing awareness about the impact of improper footwear on children's foot development has further contributed to the demand for high-quality and well-designed kids' footwear. Moreover, the increasing participation of children in sports and extracurricular activities has created a need for specialized footwear that meets the demands of various sports and activities.
Expansion of E-commerce Platforms
Today, the rise of e-commerce has changed the way people buy kids’ footwear. With the emergence of online marketplaces, parents received a convenient way to select from a variety of brands, styles, and sizes. They also have access to pricing comparisons and can, therefore, make informed choices. The growth of kids’ footwear segments is thus, to a significant degree, caused by the convenience and time-saving benefits of online shopping. Another factor is the possibility of taking their kids’ footwear to new markets by using e-commerce.
Growing Fashion Consciousness Among Children
In the modern world, more and more children are becoming fashion-conscious due to the development of social media, the influence of peers, and the general cultural focus on style. This trend has affected the kids’ footwear segment as well. Today, children are interested in choosing footwear items that would correspond to their style and allow them to stand out. In this context, footwear brands have started offering more fashionable solutions and developing more trendy products aligned with the preferences of young consumers. This approach has enlarged the size of the kids’ footwear market.
Kids Footwear Market Segment Insights
Kids Footwear Market Product Type Insights
The Kids Footwear Market is segmented on the basis of product type as Footwear for Toddlers, Footwear for Children, and Footwear for Tweens and Teens. The largest market share in 2023 was held by Footwear for Toddlers. Growing demand for comfortable as well as stylish footwear for toddlers is the main reason for the growth of this segment. Apart from that, increasing concern by parents in regard to foot health, the growing number of working mothers, and an increase in the investment towards child care are some other reasons driving the growth in this segment.The Footwear for Children segment is expected to record a high CAGR in the forecast time period. An augmented demand for school going children for stylish and functional footwear is a leading cause of the growth in this segment. Moreover, rising disposable incomes among parents and increasing penetration of athleisure footwear among children will also impact the growth of the Footwear for Children segment.
The Footwear for Tweens and Teens segment will continue to grow at a steady pace in the forecast period. Tweens and Teens are becoming more and more vanity touched, and they demand shoes that add to their taste and style of approach. This is another key reason pushing the growth of this segment. At the same time online shopping is growing considerably in the past few years plus increasing availability of style foot wear is driving the market at a large.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Kids Footwear Market Material Insights
The Kids Footwear Market segmentation by Material includes Leather, Synthetic Leather, Textiles, Rubber, and Others (such as canvas, mesh, plastic). The Leather segment held the largest market share in 2023, accounting for over 40% of the Kids Footwear Market revenue. The demand for leather footwear is driven by its durability, breathability, and comfort.
The Synthetic Leather segment is a cost-effective alternative to leather, and its growing popularity is expected to drive its market growth in the coming years. The Textiles segment is also expected to witness significant growth, owing to the increasing demand for lightweight and breathable footwear.The Rubber segment is expected to gain traction due to its use in sports and outdoor footwear. The Others segment, which includes materials such as canvas, mesh, and plastic, is expected to witness moderate growth due to its use in casual and fashion footwear.
Kids Footwear Market Closure Type Insights
The Closure Type segment of the Kids Footwear Market holds considerable importance, contributing significantly to the industry's revenue. Lace-Up remains a popular closure type, providing a secure and adjustable fit, making it suitable for various activities. Slip-On, characterized by its ease of wear, is particularly preferred by younger children and casual settings. Velcro, a convenient and time-saving option, has gained considerable traction in the kids' footwear market.
Buckle closures offer a more formal and sophisticated look, often found in dress shoes and boots. The emergence of innovative closures, such as elastic bands and magnetic fastenings, is also noteworthy, catering to the evolving needs of consumers. These innovative closures offer a unique blend of functionality and style, shaping the future of the kids' footwear market.
Kids Footwear Market Footwear Style Insights
The Footwear Style segment is a key part of the Kids Footwear Market, contributing significantly to its overall growth. The Sports Shoes segment held the largest market share in 2023 and is projected to continue its dominance throughout the forecast period. The growing popularity of athleisure and activewear, coupled with the increasing awareness of the importance of physical activity for children, is driving the growth of this segment. Casual Shoes are another popular segment, with a growing demand for comfortable and stylish footwear for everyday wear.Formal Shoes, while representing a smaller market share, are expected to witness steady growth due to the increasing number of formal occasions and events for children. School Shoes also hold a significant share in the market, with growing demand for durable and supportive footwear for school-going children. Sandals and Flip-Flops are popular during the summer months, offering comfort and breathability. Boots, while having a smaller market share, are gaining popularity in colder regions and for outdoor activities.
Kids Footwear Market Target Gender Insights
The Kids Footwear Market is segmented by Target Gender, which includes Boys, Girls, and Unisex. Among these segments, the Boys segment held the largest market share in 2023, accounting for 52.3% of the Kids Footwear Market revenue. The Boys segment is expected to continue its dominance throughout the forecast period, with a CAGR of 3.5%, reaching a valuation of USD 36.9 billion by 2032.
The Girls segment is projected to experience a CAGR of 3.7%, reaching a valuation of USD 32.4 billion by 2032. Growing parental awareness regarding the importance of comfortable and stylish footwear for kids, along with increasing disposable income, is driving the growth of the Kids Footwear Market.The Unisex segment is anticipated to exhibit the highest growth rate, with a CAGR of 4.1%, owing to the rising popularity of gender-neutral fashion trends among kids.
Kids Footwear Market Regional Insights
Regionally, North America accounts for the largest market share, followed by Europe and APAC. North America's dominance is attributed to the presence of major footwear brands and the high disposable income of consumers.
Europe, with its strong fashion industry, also holds a significant market share. APAC, with its rapidly growing economies and increasing urbanization, is expected to witness substantial growth in the coming years. South America and MEA represent emerging markets with untapped potential, offering significant growth opportunities for manufacturers.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Kids Footwear Market Key Players And Competitive Insights
Major players in the Kids Footwear Market industry are constantly striving for product development and innovation to strengthen their market position. Leading Kids Footwear Market players are focusing on expanding their product portfolio through strategic collaborations and acquisitions. They are also investing heavily in research and development to create advanced and differentiated products that cater to the evolving needs of consumers. The competitive landscape of the Kids Footwear Market is characterized by intense competition among established players and emerging entrants. Key players are adopting various strategies, such as mergers and acquisitions, joint ventures, and partnerships, to enhance their market presence and gain a competitive advantage.Leading Kids Footwear Market players are focusing on enhancing their brand presence through effective marketing and advertising campaigns. They are leveraging social media platforms and digital marketing channels to connect with their target audience and create a strong brand identity. For instance, Nike's "Just Do It" campaign and Adidas's "Impossible is Nothing" campaign are iconic examples of successful brand marketing strategies in the Kids Footwear Market industry. These campaigns have helped these brands establish a strong emotional connection with their customers and build a loyal customer base.Competitors in the Kids Footwear Market are also focusing on sustainability and ethical sourcing. They are adopting eco-friendly practices and using sustainable materials to reduce their environmental impact and meet the growing demand for ethical products. For example, Allbirds, a leading sustainable footwear brand, uses merino wool and eucalyptus tree fiber in its products. This focus on sustainability helps companies differentiate themselves in the market, attract environmentally conscious consumers, and contribute to a more sustainable future.
Key Companies in the Kids Footwear Market Include:
- Clarks
- New Balance
- Asics
- Stride Rite
- Nike
- Keen
- Adidas
- Crocs
- Merrell
- Geox S.p.A.
- Skechers
- Carter's
- PUMA
- Timberland
- Under Armour
Kids Footwear Market Industry Developments
Recent developments in the Kids Footwear Market include the growing popularity of athleisure and sustainable footwear. Major players are focusing on collaborations and acquisitions to expand their product portfolios and cater to evolving consumer preferences. For instance, in 2023, Nike acquired DVS Shoe Company, a leading skateboarding brand, to strengthen its position in the kids' footwear segment. Additionally, the increasing adoption of e-commerce and omnichannel retailing strategies is driving market growth, as it provides consumers with greater convenience and access to a wider range of products.
Kids Footwear Market Segmentation Insights
- Kids Footwear Market Product Type Outlook
- Footwear for Toddlers (0-5 years)
- Footwear for Children (6-12 years)
- Footwear for Tweens and Teens (13-19 years)
- Kids Footwear Market Material Outlook
- Leather
- Synthetic Leather
- Textiles
- Rubber
- Others (such as canvas, mesh, plastic)
- Kids Footwear Market Closure Type Outlook
- Lace-Up
- Slip-On
- Velcro
- Buckle
- Other Innovative Closures
- Kids Footwear Market Footwear Style Outlook
- Sports Shoes
- Casual Shoes
- Formal Shoes
- School Shoes
- Sandals and Flip-Flops
- Boots
- Kids Footwear Market Target Gender Outlook
Kids Footwear Market Regional Outlook
-
- North America
- Europe
- South America
- Asia Pacific
Middle East and
Report Attribute/Metric |
Details |
Market Size 2022 |
61.14(USD Billion) |
Market Size 2023 |
63.47(USD Billion) |
Market Size 2032 |
88.89(USD Billion) |
Compound Annual Growth Rate (CAGR) |
3.81% (2024 - 2032) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Base Year |
2023 |
Market Forecast Period |
2024 - 2032 |
Historical Data |
2019 - 2023 |
Market Forecast Units |
USD Billion |
Key Companies Profiled |
Clarks, New Balance, Asics, Stride Rite, Nike, Keen, Adidas, Crocs, Merrell, Geox S.p.A., Skechers, Carter's, PUMA, Timberland, Under Armour |
Segments Covered |
Product Type, Material, Closure Type, Footwear Style, Target Gender, Regional |
Key Market Opportunities |
Personalized Footwear EcoFriendly Materials Smart Footwear Orthopedic Footwear Casual amp Comfort Footwear |
Key Market Dynamics |
Growing parental focus on comfort, safety, and style Increasing disposable income and consumer spending Emergence of online marketplaces and ecommerce Rising demand for sustainable and eco-friendly footwear Expanding product offerings and product innovation |
Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Kids Footwear Market is expected to reach a valuation of USD 88.89 billion by 2032, expanding at a CAGR of 3.81% from 2024 to 2032.
North America is expected to hold the largest market share, followed by Europe and APAC.
Factors such as increasing birth rates, growing awareness of children's foot health, and rising disposable income levels are contributing to the growth of the Kids Footwear Market.
Sneakers and athletic shoes hold a significant share of the global kid's footwear market due to their comfort, durability, and versatility, making them suitable for various activities.
Key players in the Kids Footwear Market include Nike, Adidas, Puma, Skechers, and Geox, among others.
Sustainable and eco-friendly footwear, smart shoes with GPS tracking and other features, and personalized footwear tailored to individual foot shapes are gaining traction in the Kids Footwear Market.
Fluctuating raw material prices, intense competition, and changing consumer preferences pose challenges to the growth of the Kids Footwear Market.
The Kids Footwear Market is expected to witness steady growth in the coming years, driven by increasing demand from emerging economies and growing awareness of children's footwear needs.
Factors such as market trends, regional growth potential, competitive landscape, and technological advancements should be considered when investing in the Kids Footwear Market.
Risks associated with investing in the Kids Footwear Market include economic downturns, changing consumer preferences, and intense competition.