Global Kids Footwear Market Size to worth USD 112.11 Billion by 2033: Forecast Analysis Report

Global Kids Footwear Market Size to worth USD 112.11 Billion by 2033

According to a research report published by Spherical Insights & Consulting, the Global Kids Footwear Market Size is Expected to Grow from USD 50.35 Billion in 2023 to USD 112.11 Billion by 2033, at a CAGR of 8.33 % during the forecast period 2023-2033. 

Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the Global Kids Footwear Market Size, Share, and COVID-19 Impact Analysis, By Product (Casual, Sports, and Formal), By End-Use (Boys, Girls, and Unisex), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.          

The kid’s footwear market encompasses a broad range of products designed for children, catering to various age groups, occasions, and functionalities. This market is characterized by an extensive product portfolio, including casual shoes, sports shoes, sandals, and formal footwear, manufactured using materials such as rubber, leather, and synthetic fabrics. The market is primarily driven by factors such as rising consumer spending on children’s apparel, increasing demand for stylish and functional footwear, and the growing influence of children’s fashion trends. Furthermore, advancements in material technology and ergonomic designs have enhanced the comfort and durability of kids' footwear, attracting significant consumer attention. The increasing global population of children, coupled with a growing emphasis on ensuring proper foot development through appropriate footwear, has contributed to the expansion of the market. The rising popularity of branded footwear for children, supported by aggressive marketing and promotional strategies, has further propelled market growth. However, challenges such as fluctuating raw material prices, the presence of counterfeit products, and limited penetration of organized retail in emerging markets may restrain growth to some extent.

The casual segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the product, the kid's footwear market is classified into casual, sports, and formal. Among these, the casual segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. This dominance can be attributed to the widespread demand for versatile and comfortable footwear suitable for everyday use. Casual footwear offers a combination of style, durability, and practicality, making it the preferred choice among parents for children of various age groups.

The boys segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.    

Based on the end-use, the kid's footwear market is divided into boys, girls, and unisex. Among these, the boys segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. This dominance can be attributed to the higher demand for durable and activity-friendly footwear for boys, who often engage in outdoor and sports-related activities. The segment benefits from the availability of a wide range of designs and features, such as rugged soles and enhanced durability, catering to the preferences and needs of this demographic.

North America is estimated to hold the largest kid's footwear market share over the forecast period.

North America is estimated to hold the largest kid's footwear market share over the forecast period. The presence of multiple manufacturers, large networks of hypermarkets and supermarkets that feature a range of kids' footwear products, increased alternatives available in the market, growing demand for sustainably developed kids' footwear products, and growing disposable income levels are driving demand in this market.

Asia-Pacific is predicted to have the fastest CAGR growth in the kid's footwear market over the forecast period. Some of the key growth driving factors for this market include an increasing population, entry of global companies into the regional market, enhancement of penetration of e-commerce and quick-commerce industry, growth in personal disposable income, and new products launched by global brands.

Competitive Analysis

Major key players in the kid's footwear market are Nike, Inc., The Children's Place, Crocs Retail, LLC, Stride Rite, New Balance, See Kai Run, Puma SE, ASICS Corporation, SKECHERS USA, Inc., and Adidas AG.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In August 2024, Munro Footwear Group, a major participant in the retail, e-commerce, and wholesale footwear industry in Australia and New Zealand, announced that it acquired The Trybe, a retailer specializing in kids' footwear, strengthening its positioning in the kids' footwear market.

Market Segment

This study forecasts global, regional, and country revenue from 2023 to 2033. Spherical Insights has segmented the kid's footwear market based on the below-mentioned segments:

Global Kids Footwear Market, By Product

• Casual
• Sports
• Formal

Global Kids Footwear Market, By End-Use

• Boys
• Girls
• Unisex

Global Kids Footwear Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa