Strap Footwear Market Strap Footwear Market | Page 2

Additionally, lower cost of strap footwear in Asia-Pacific market is expected to augment market demand in the near future. Recent developments in manufacturing technology adopted by industry players, has led to production of high performing and comfortable strap shoes. The market is broadly categorized into major segments based on the application type such as kitten heels, platform heels, ankle booties, high heel sandals and cone heels. The ankle booties segment is growing rapidly in the strap footwear market with substantial revenue generation in the last few years. The market is divided by region as North America, Europe, Asia-Pacific, Latin America, Middle-East and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in the manufacturing sector, surge in number of research & development activities in the region and existence of well-established industrial infrastructure. In European region, Germany, France and United Kingdom are projected to witness steady growth due to large-scale demand for kitten heels, platform heels, ankle booties and high heel sandals. Asia-Pacific region is estimated to hold major share in the strap footwear industry with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with increasing per capita income, growing penetration of e-commerce websites, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in strap footwear market are Adidas Co., Nike Incorporations, New Balance Incorporations, Puma Group, Asics Co., Bata Ltd., Deichmann SE, Skechers Incorporations, VF Co., W.L. Gore & Associates Inc., Fila Incorporations, Under Armour, Incorporations, Lotto Sport Italia S.p.A., The Aldo Group Inc., Reebok International, Saucony Co., Skechers Incorporations, and Woodland Worldwide. Browse Related Category Market Reports @