Press Release

Shoe With Knitted Upper Market to Grow with a CAGR of 5.7% through 2029

Increasing emphasis on comfort and advancements in material technology are driving the Global Shoe With Knitted Upper Market in the forecast period 2025-2029.


According to TechSci Research report, “Shoe With Knitted Upper Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the Global Shoe With Knitted Upper Market stood at USD 2.98 Billion in 2023 and is anticipated to grow with a CAGR of 5.7% in the forecast period through 2029. 

The global shoe market with knitted upper has been influenced by strategic collaborations and partnerships between footwear brands, technology companies, and even athletes. Collaborations allow brands to leverage each other's strengths, combining design expertise, technological innovation, and market influence. Athletic footwear brands often collaborate with professional athletes to develop specialized knitted upper shoes tailored to the unique demands of different sports. Such partnerships not only contribute to product innovation but also serve as powerful marketing tools, creating a buzz around limited-edition releases and exclusive designs. Collaborations extend beyond the sports industry, with fashion brands teaming up with technology companies to integrate smart features into knitted upper shoes, adding a layer of connectivity and functionality. These partnerships contribute to the dynamic and ever-evolving nature of the knitted upper market, fostering creativity and pushing the boundaries of what is possible in footwear design.

Educating consumers about the benefits and features of knitted upper shoes remains a significant challenge in the global market. Traditional footwear has a longstanding presence and established consumer perceptions, making it essential for manufacturers to effectively communicate the advantages of knitted uppers. Overcoming skepticism related to durability, weather resistance, and overall performance requires robust marketing campaigns, clear product messaging, and perhaps most importantly, positive firsthand experiences from early adopters. Building trust and altering consumer perceptions is a gradual process, and industry players need to invest in educational initiatives to highlight the technological advancements and functional benefits that knitted upper shoes bring to the table.

 

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The Global Shoe with Knitted Upper Market is segmented on the basis of product, distribution channel & region. 

Based on Distribution Channel, The global shoe market with knitted upper is witnessing a substantial increase in demand through online sales channels. The convenience and accessibility offered by online platforms have become increasingly appealing to consumers seeking shoes with knitted uppers. The digital marketplace provides a vast array of options, allowing shoppers to explore and compare various styles, brands, and customization features from the comfort of their homes. This trend has been further accelerated by the rise of direct-to-consumer (DTC) models, where footwear brands establish their online presence, enabling a more direct and personalized connection with customers. The online sales channel not only caters to the global consumer base but also serves as a platform for brands to showcase the versatility and unique features of knitted upper shoes, driving their popularity beyond traditional retail settings.

As consumers become more comfortable with online shopping, the global demand for shoes with knitted uppers is increasingly channeled through e-commerce platforms. The ease of online transactions, coupled with the ability to access a diverse range of products and exclusive releases, has contributed to the rapid growth of online sales in the knitted upper shoe market. Footwear brands are adapting to this shift by investing in robust online marketing strategies, user-friendly websites, and seamless purchasing experiences, ensuring that they effectively capture and capitalize on the rising demand through digital channels.

 

Major companies operating in Global Shoe With Knitted Upper Market are:

  • Asics Corporation
  • K-Swiss, Inc.
  • Puma SE
  • VF Corporation
  • Jack Wolfskin GmbH & Co. KG
  • Skechers USA, Inc
  • New Balance Athletics, Inc.
  • Nike, Inc.
  • Adidas AG
  • Fila Korea Co., Ltd.

 

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“The rise of direct-to-consumer (DTC) models and online retail has significantly transformed the distribution of shoes with knitted uppers. Footwear brands are increasingly bypassing traditional retail channels to establish a direct online presence, enhancing their control over customer experience, expediting product launches, and gaining valuable insights into consumer preferences. Online platforms offer a convenient way to showcase the versatility and customization of knitted upper shoes, reaching a global audience as consumer comfort with online shopping grows. This shift, driven by trends like customization, sustainability, and technological integration, is reshaping the global knitted upper shoe market, aligning it with contemporary consumer demands and values”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

Shoe With Knitted Upper Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product (Casual Shoes, Sports Shoes, Running Shoes), By Distribution Channel (Online, Offline), By Region & Competition, 2019-2029F”, has evaluated the future growth potential of Global Shoe With Knitted Upper Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Shoe With Knitted Upper Market.

 

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Shoe With Knitted Upper Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product (Casual Shoes, Sports Shoes, Running Shoes), By Distribution Channel (Online, Offline), By Region & Competition, 2019-2029F

Consumer Goods and Retail | Aug, 2024

Increasing emphasis on comfort and advancements in material technology are driving the Global Shoe With Knitted Upper Market in the forecast period 2025-2029

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