Growth of Shoes Accessories Market Projected to Amplify During 2031

Shoes Accessories Market – Introduction

• Shoes accessories are secondary items that complete the footwear and help in its maintenance. They include shoe polish, toe guards, shoe brush, shoelaces, shoe soles, and shoes perfume. Increase in sales and demand for shoes across the globe is boosting the shoes accessories market worldwide.

Key Drivers of Global Shoes Accessories Market

• Shoes accessories are essential for shoe care and maintenance. They enhance the appearance of the shoe and extend its life. Availability of different types of shoe accessories in the market, such as shoes polish, shoe brushes, shoe perfumes, etc., propels the shoes accessories market.
• Increase in demand for different types of casual and formal shoes due to changing fashion trends and expansion of e-commerce channels fuel the usage of shoes accessories. Furthermore, the presence of a large number of manufacturers and improving lifestyle of consumers are further driving the shoes accessories market.

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Factors Restraining Global Shoes Accessories Market

• The COVID-19 pandemic hampered the shoes accessories market. Consumers preferred to stay at home, as various countries imposed lockdowns and other travel and transportation restrictions in order to curb the spread of virus, which restrained the demand for shoes accessories. Manufacturing plants also had to stop their activities, which delayed the production of shoes accessories. Furthermore, the disruption of supply chains due to the pandemic also hampered the global shoes accessories market.

Asia Pacific to Hold Leading Share of Global Shoes Accessories Market

• In terms of geography, the global shoes accessories market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.
• Country and sub-region level analysis of North America features the U.S., Canada, and Rest of North America. Analysis and forecast of the shoes accessories market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the market analysis and forecast of GCC, South Africa, and Rest of Middle East & Africa. The shoes accessories market in South America is segmented into Brazil and Rest of South America.
• Asia Pacific dominated the global shoes accessories market in 2020, due to rise in e-commerce and sales of shoes in the region. Rise in population has been driving the shoes accessories in Asia Pacific, particularly in India, China, and Japan.
• The shoes accessories market in Asia Pacific is projected to expand at a rapid pace, followed by North America, and Europe during the forecast period

Key Players Operating in the Shoes Accessories Market

The global shoes accessories market is highly competitive, owing to the presence of several global and regional players. Major players are adopting various strategies such as regional expansion and product portfolio expansion to consolidate their position in the market. A few key players operating in the global shoes accessories market are:

• Cherry Blossom
• Helios India
• Fovera Orthodesign Pvt. Ltd.
• S. C. JOHNSON & SON, INC.
• Tarrago Brands International
• Harri Hoffman Co
• Relaxo Footwears Limited
• Woodland Worldwide
• Cheaney Shoes Ltd
• PUMA SE

Global Shoes Accessories Market: Research Scope

Global Shoes Accessories Market, by Type

• Shoe Brushes
• Shoe Laces
• Shoe Treatments & Polishes
• Shoe Decoration Charms
• Toe Guards
• Insoles
• Others (Shoe Trees, etc.)

Global Shoes Accessories Market, by Application

• Commercial
• Individual

Global Shoes Accessories Market, by Price

• Low
• Medium
• High

Global Shoes Accessories Market, by Distribution Channel

• Online
  • E Commerce Websites
  • Company Owned Websites
• Offline
  • Supermarket/Hypermarket
  • Specialty Store
  • Others

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