Global Flip Flops Market 2024-2028
Technavio has been monitoring the flip flops market and is forecast to grow by USD 6.83 bn during 2023-2028, accelerating at a CAGR of 5.01% during the forecast period. Our report on the flip flops market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in rubber and decrease in leather production, growing ecommerce industry, and rising online spending and smartphone penetration.
Technavio's flip flops market is segmented as below:
By Distribution Channel
By End-user
- Men/boys
- Women/girls
- Children
By Geography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increasing number of advertising and marketing campaigns as one of the prime reasons driving the flip flops market growth during the next few years. Also, rising popularity of eco-friendly footwear and increase availability of customized flip flops footwear will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the flip flops market covers the following areas:
- Flip flops market sizing
- Flip flops market forecast
- Flip flops market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading flip flops market vendors that include Adidas AG, Alpargatas SA, BasicNet Spa, Birkenstock digital GmbH, Boardriders, Clarks Reliance Footwear Pvt. Ltd., Crocs Inc., Deckers Outdoor Corp., Duke Fashions India Ltd., FatFace Ltd., Flop Happy LLC, Nike Inc., OluKai LLC, Oofos Inc., Skechers USA Inc., Solethreads, SUPERDRY PLC, The Gap Inc., Tory Burch LLC, and VALENTINO Spa. Also, the flip flops market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.