Footwear Market in China 2015; New Report Launched

Footwear Market in China 2014 places its focus on China, the world’s largest manufacturer, consumer and exporter of footwear. Women’s footwear dominates the Chinese footwear market, followed by men’s footwear and kids’ footwear. Footwear materials include leather, natural fabric, natural rubber, artificial fabric and artificial rubber. Majority of the footwear manufacturing bases are located near the east coast of China, and most footwear trading hubs are in close proximity to the manufacturing bases. Fujian, Zhejiang and Guangdong provinces are the largest footwear manufacturing and trading hubs in the country. Distribution channel of the Chinese footwear market involves agents, distributors, wholesalers and retailers.

The government of China has adopted strict footwear standards that all local and imported footwear products must comply with. By 2016, it is also expected to revise 9 existing standards and formulate 7 new standards. In recent years, China has been transitioning from a manufacturing-driven economy to a consumption-driven economy. This is strongly evident in the footwear market, where several domestic and international companies are moving a part of their production out of China, yet formulating their strategies keeping in mind the requirements of the Chinese consumers.

The growth of the Chinese footwear market has been fuelled by strong national economy, increasing disposable income, expanding consumer base, changing lifestyle, demand for leather footwear and growing retail industry. However, challenges such as high cost of imported raw materials and declining cost competitiveness are expected to shape the future of the Chinese footwear market.

Spanning over 84 pages, “Footwear Market in China 2015” report covers the Executive Summary, Macroeconomic Indicators, Introduction, Market Overview, Supply Chain Model, EXIM Data, Drivers & Challenges, Government Initiatives, Trends, Competitive Landscape, Mergers and Acquisitions, Strategic Recommendations, Appendix. The report covered companies are - ANTA Sports Products Ltd., China Great STAR International Ltd., Daphne International Holdings Ltd., Peak Sport Products Co. Ltd., Zhejiang Aokang Shoes Co. Ltd., Jiangsu Senda Group Co. Ltd., Jieyang Hengxin Shoe Industry Co. Ltd., Adidas Sports (China) Co. Ltd., Nike Sports (China) Co. Ltd., Puma China Ltd.

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