Flip Flops Market Report

Market Insights

Flip Flops market is likely to witness a CAGR of 4.2% during the forecast period. The prime factors that are contributing to the growth of the flip flops market are increasing consumer disposable income levels, product innovations, and the rising demand for flip flops as they are offer durability at low prices.

Segment Analysis

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Flip Flops Market Share: By End-User Type

Based on the end-user type, the market is segmented as male and female. The female segment held the larger share of the market in 2019, due to the high product demand and presence of wide variety of products. Also, the segment is likely to witness a higher CAGR during the forecast period.

Flip Flops Market Share: By Distribution Channel Type

Based on the distribution channel type, the flip flops market is segmented as online and offline. The offline distribution channel occupied the larger share of the pie in 2019 and is also likely to grow at a healthy rate due to rising number of hypermarkets and brand stores. However, the online segment is likely to grow at a higher CAGR during the forecast period, due to increasing use of internet and smart mobile phones, and ease in shopping through online medium.

Flip Flops Market Share: By Region

In terms of regions, Asia-Pacific is estimated to be the largest market for flip flops, owing to increasing awareness regarding latest fashion trends. North America is estimated to grow at the highest CAGR during the forecast period, driven by a wide range of product availability and product innovations.

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Market Scope & Segmentation

Flip flops are light sandals, generally made from rubber or plastic, with a thong between the big and the second toe. With the change in fashion trends, flip flops have become everyday usable footwear.  They are majorly worn by women on beaches throughout the summer season.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The flip flops market is segmented into the following categories. 

Flip Flops Market Size, Share, & Forecast, by End-User Type:

• Male (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Female (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Flip Flops Market Size, Share, & Forecast, by Distribution Channel Type:

• Online (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Offline (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Flip Flops Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Key Players

Some of the major flip flop manufacturers are-

• Adidas AG
• C. & J. Clark International Ltd
• Crocs, Inc.
• Deckers Outdoor Corporation
• Fat Face
• Havaianas
• Kappa
• Nike, Inc.
• Skechers USA, Inc.
• Tory Burch LLC.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the end-user types by distribution channel type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.