Dublin, Jan. 14, 2016 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/b9fjk9/childrens) has announced the addition of the "Children's Footwear Market in China 2015-2019" report to their offering.
The childrens footwear market in China is set to grow at a CAGR of 12% during the forecast period
The frequent need to replace footwear due to the change in foot size is driving the growth of this market. Many children suffer foot problems by their early teens, often associated with ill-fitting shoes. The growth of e-commerce in China is also driving the market growth. For instance, during 2014, the total annual online retail sales in China was around USD 322 billion.
The increasing preference for American and European brands is expected to fuel the market growth during the forecast period. China imports around 50 million pairs per year from America and Europe. During 2011, Minnetonka, a Minnesota-based brand opened its first store in Beijing.
Casual shoes accounted for 39% of the market share during 2014. However, athletic shoes are predicted to be the fastest growing segment during the forecast period. The rising awareness about fitness is the primary driver for the growth of this segment.
Girls footwear dominated the market during 2014 with a market share of 51% and is predicted to grow at a CAGR of 12% during the forecast period. The numerous styles, designs and colors available for girls are the key drivers for the growth of this segment in China.
The children's footwear market in China is mostly dominated by domestic players. The report predicts the competitive environment in this market to intensify further with an increase in product/service extensions. International players are expected to grow inorganically during the forecast period by acquiring regional or local players.
Segmentation by type and analysis of the children's footwear market in China
- Casual shoes
- Sandals
- Athletic shoes
- Boots
- Leather shoes
- Slippers
The leading vendors in the market are
- 361 Degrees
- ANTA Sports
- Feike
- Li Ning
- Nike
- Xtep International
Other prominent vendors in the market include
- Adidas
- Belle International
- C.banner International
- China Great STAR
- Daphne International
- Foshan Saturday Shoes
- Peak Sport
- Red Dragonfly
- Warrior
- Zhejiang Aokang Shoes
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: China: an overview
Part 06: Market landscape
Part 07: Product life cycle
Part 08: Market segmentation by type
Part 09: Market segmentation by end user
Part 10: Geographical segmentation
Part 11: Key leading provinces
Part 12: Market drivers
Part 13: Impact of drivers
Part 14: Market challenges
Part 15: Impact of drivers and challenges
Part 16: Market trends
Part 17: Vendor landscape
Part 18: Key vendor analysis
Part 19: Appendix
For more information visit http://www.researchandmarkets.com/research/b9fjk9/childrens
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