Global High Heel Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global High Heel Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

High heels refer to a type of shoes with high heels, which will make the wearer's feet significantly higher than the toes, creating the illusion of slenderness and beauty. The design of high heels can not only change the proportions of women's legs but also straighten the legs due to the backward shift of the body's center of gravity, causing the buttocks to shrink and the chest to push forward, thus showing a special charm. There are many different styles of high heels, especially in the heel variations, which usually include wedge type, screw type, hammer type, knife type, etc. In addition, high heels are made from a variety of materials, from leather to synthetic materials to precious metals and jewelry, which can all be found in the design of high heels. The design of high heels has also become more and more focused on comfort and functionality, but despite this, they still maintain their unique elegance and charm.

Market Overview:

The latest research study on the global High Heel market finds that the global High Heel market reached a value of USD 39894.83 million in 2023. It’s expected that the market will achieve USD 46020.05 million by 2029, exhibiting a CAGR of 2.41% during the forecast period.

Political factors include government policies, employment regulations, intellectual property protection, property rights, tariffs, taxes, and trade restrictions. The overall political climate of a country or region, as well as international relations, can also have a significant impact on organizations. Politics around the world have now become polarized, with the U.S.-China trade war on the international stage, European boycotts following the Russia-Ukraine war, the fallout from Brexit, and domestic pressures on EU politicians. This polarization makes collective decision-making difficult, causing short-term decisions to have long-term consequences.

The war between Russia and Ukraine has led to an increase in the prices of upstream raw materials for high-heeled shoes, such as plastic and rubber, causing uncertainty in capital expenditures. Petroleum is the main raw material in the chemical industry, and rising oil prices directly lead to increased costs for chemical companies. Plastics and rubber are derivative products of petroleum, and their production is relatively dependent on the petroleum industry. Therefore, rising oil prices will cause certain fluctuations in the price of raw materials for high-heeled shoes. This impact will eventually lead to higher prices for high-heeled shoes, and price increases will not only most likely affect customers' purchasing decisions, but will also cause investors and manufacturers to postpone decisions until price transparency is improved. Developing countries face rising costs of living, rising fuel prices, food shortages, housing shortages, and unfair rationing. The impact of political turmoil on the social structure will affect the stability of the high-heeled shoe industry chain structure and have a profound impact on the high-heeled shoe industry.

Region Overview:

Asia Pacific is projected to account for a considerable share of the High Heel market and is expected to become the largest region by 2028.

Company Overview:

Kering Group is one of the major players operating in the High Heel market, holding a share of 2.69% in 2023.

A global Luxury group, Kering manages the development of a series of renowned Houses in Fashion, Leather Goods and Jewelry: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, Ginori 1735 as well as Kering Eyewear and Kering Beauté.

Segmentation Overview:

Among different product types, Hammer Type segment is anticipated to contribute the largest market share in 2028.

According to the heel classification, high heels come in a variety of styles, including wedge heels, screw heels, hammer heels, knife heels, irregular heels, kitten heels, chunky heels and so on. For example, a wedge is when the heel is the same length as the sole or part of the sole and is wedge-shaped.

Application Overview:

By application, the Work Wear segment occupied the biggest share from 2018 to 2022.

According to the use scenario of high heels, its downstream applications include daily wear, performance, and work wear. High heels can elongate the legs in the vision, and it is more fashionable, fit and charming to wear, suitable for daily and work wear. High heels are also usually worn in performance situations, such as jazz dance, Latin dance, etc., high heels can allow dancers to exercise more core muscles and leg muscles, which helps to enhance strength and stability.

Key Companies in the global High Heel market covered in Chapter 3:

Manolo Blahnik
Kate Spade
Belle
ECCO
Daphne
Christian Louboutin
Clarks
Amagasa
Salvatore Ferragamo
Tod's Group
Sergio Rossi
Red Dragonfly
Kering Group
Steve Madden
DIANA
C.banner
Giuseppe Zanotti
Geox
Capri
Kawano
Nine West

In Chapter 4 and Chapter 14.2, on the basis of types, the High Heel market from 2019 to 2030 is primarily split into:

Wedge Type
Screw Type
Hammer Type
Knife Type
Other

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the High Heel market from 2019 to 2030 covers:

Daily Wear
Performance
Work Wear
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)