The future of the global footwear manufacturing machinery market looks promising with opportunities in the designer and commercial markets. The global footwear manufacturing machinery market is expected to reach an estimated $6 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are rising sales of high-end footwear, increasing demand for recyclable and plant materials based footwears, and widespread availability of footwear across e-commerce platforms.
Some of the key questions
answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the footwear manufacturing
machinery market by solutions (product and services), machine type (manual,
automatic, and semi-automatic), end use industry (designer and commercial), and
region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and
why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market
and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market, manual,
automatic, and semi-automatic are the major segments of footwear manufacturing
machinery market by machine type. Lucintel forecasts that automatic is expected
to witness highest growth over the forecast period due to its substantial use
in footwear manufacturing facilities to speed up production, increase
production capacity, and reduce production time. Within this market, commercial
will remain the largest segment due to growing demand for footwear production
equipment in this sector to boost affordability and reduce reliance on labor.
APAC is expected to
witness highest growth over the forecast period due to booming e-commerce
sector, rising population demand for footwear of the finest quality, and
presence of key footwear manufacturing hubs in the region.
ALC Tecnologie Adesive,
Atom, Brustia Alfameccanica, Comelz, Dongguan Kingstone Shoe-Making Machinery,
Gusbi, Kou Yi Iron Works, Orisol, and True Ten Industrial are the major
suppliers in the footwear manufacturing machinery market.
About Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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