Abstract
Summary
The barefoot shoes market was valued at $471.09 million in 2021 and is estimated to reach $788.70 million by 2031, exhibiting a CAGR of 5.3% from 2022 to 2031.
A barefoot shoe has a zero heel-to-toe drop, which means the entire foot is on the same level as the ground same as barefoot. These shoes essentially let the foot drop on the ground as if the wearer were running barefoot because they do little more than give grip and shield the feet from dangerous things on the ground. Some are made to aid customers in switching from running with their heels first to barefoot running. To strengthen and allow the foot to grow at a real pace, the shoes were introduced.
A minimalist type of shoe could be beneficial for an experienced runner or active walker who wants to take it to the next level. Large population size, coupled with a rise in disposable income is among the major factors that boost demand for high-end footwear in developing markets.
An increase in sales through online channels, innovative product launches, attractive marketing, and promotional strategies are other factors that propel the overall growth of the barefoot shoe market. An increase in environmental concerns and a rise in the prices of raw materials are the major challenges for players operating in the market. However, the market is anticipated to unfold attractive business opportunities, owing to changes in consumer lifestyles and an increase in penetration of online retailing. Consumers are becoming more health conscious due to work-related stress and lifestyle disorders. Thus, the increase in the number of health-conscious consumers has created a strong demand for athletic sportswear and footwear, which, in turn, augments the growth of the overall market.
Change in consumer lifestyle in developing countries due to urbanization has led to an increase in demand for new and fashionable products. This provides manufacturers with an opportunity to launch new and innovative products and increase their market size. For instance, in India, urbanization is taking place at a dramatic pace and is influencing the lifestyle and buying behavior of consumers. The increase in the number of people involved in gyms, jogging, and other such activities has increased sales of barefoot shoes in India.
The availability of fake and low-priced products restricts the growth of the market. Sportswear and footwear by renowned brands have a high price range, which is not affordable for lower-income groups. Hence, local suppliers design the same style of products at comparatively lower costs. Such products are of low quality and hamper the brand image of forerunners in the market, thereby limiting sales of original products. The availability of counterfeit or low-quality sportswear and footwear restricts sales of branded products, thus threatening the growth of the barefoot shoes market.
People are being encouraged to embrace daily exercise routines like jogging, going to the gym, and yoga by their hectic work schedules and the rise in health-related problems. Due to this, the market for barefoot shoes is now more in demand. Additionally, it is anticipated that people's concern for fitness activities would rise in response to the rising obesity rate among the global population. The World Health Organization (WHO) reports that since 1975, the global rate of obesity has nearly tripled. The massive increase in the number of obese people is drawing customers' attention to fitness, which is predicted to accelerate market growth.
Researchers from a university in Johannesburg, South Africa compared modern humans from different populations to the feet of 2,000-year-old skeletons and concluded that, before shoes, people had healthier stronger feet. Another study compared the feet of South African and German children and found those who regularly went barefoot had healthier feet (higher overall arches and straighter big toes) than the (European) shoe-wearers. The regularly barefoot also presented with fewer foot characteristics like flat feet and deformed big toes and bunions, as well as more flexible, pliable feet. Such advantages of barefoot shoes are attracting consumers’ attention towards it which is expected to boost the growth of the barefoot shoes market.
The government's initiative to encourage young sports participation is expected to accelerate market expansion. For instance, the National Youth Sports Strategy seeks to align American youth sports culture with the goal of providing all children in the nation with access, inspiration, and means to participate in sports. Along with this, it is anticipated that growing government spending on the Olympics and other sporting events will accelerate market expansion.
The barefoot shoes market is segmented on the basis of end-user, shoe closure type, distribution channel, and region. By end-user, the market is categorized into men, women, and kids. By shoe closure type, the market is classified into buckle, lace-up, zipper, and others. By distribution channel, the market is segmented into hypermarkets, specialty stores, brand outlets, and e-commerce. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the barefoot shoes market have adopted product launch, business expansion, and merger & acquisition as their key strategies to expand their market share, increase profitability, and remain competitive in the market. Leading players analyzed in the barefoot shoes market analysis include Vivobarefoot Limited, Adidas AG, New Balance Athletics, Inc., Asics Corporation, Vibram S.p.A, Softstar Shoes, Lems Shoes, Wolverine Worldwide, Inc., Inov-8 Inc, Puma SE, KINEYATABI CO LTD., Body Glove, Nike Inc., Tadeevo, VF Corporation and Feel The World, Inc.
Key Benefits For Stakeholders
●This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the barefoot shoes market analysis from 2021 to 2031 to identify the prevailing barefoot shoes market opportunities.
●The market research is offered along with information related to key drivers, restraints, and opportunities.
●Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
●In-depth analysis of the barefoot shoes market segmentation assists to determine the prevailing market opportunities.
●Major countries in each region are mapped according to their revenue contribution to the global market.
●Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
●The report includes the analysis of the regional as well as global barefoot shoes market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By End-User
● Men
● Women
● Kids
By Shoe Closure Type
● Buckle
○ Sub-Segment
○ Natural Rubber
○ Leather
○ Mesh
○ Others
● Lace-up
○ Sub-Segment
○ Natural Rubber
○ Leather
○ Mesh
○ Others
● Zipper
○ Sub-Segment
○ Natural Rubber
○ Leather
○ Mesh
○ Others
● Others
○ Sub-Segment
○ Natural Rubber
○ Leather
○ Mesh
○ Others
By Distribution Channel
● Hypermarkets
● Specialty Stores
● Brand Outlets
● E-Commerce
By Region
● North America
○ U.S.
○ Canada
○ Mexico
● Europe
○ UK
○ Germany
○ France
○ Spain
○ Italy
○ Rest of Europe
● Asia-Pacific
○ China
○ Japan
○ India
○ Australia
○ New Zealand
○ Rest of Asia-Pacific
● LAMEA
○ Brazil
○ Argentina
○ Saudi Arabia
○ South Africa
○ Rest of LAMEA
● Key Market Players
○ Vivobarefoot Limited
○ Adidas AG
○ New Balance Athletics, Inc.
○ Vibram S.p.A
○ Softstar Shoes.
○ Lems Shoes
○ Wolverine World Wide, Inc.
○ Inov-8 Inc
○ Puma SE
○ KINEYATABI CO LTD.
○ Body Glove.
○ Nike Inc.
○ Tadeevo
○ VF Corporation
○ Feel The World, Inc.
Table of Contents
1 INTRODUCTION
1.1 Report description
1.2 Key market segments
1.3 Key benefits to the stakeholders
1.4 Research Methodology
1.4.1 Primary research
1.4.2 Secondary research
1.4.3 Analyst tools and models
2 EXECUTIVE SUMMARY
2.1 CXO Perspective
3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key findings
3.2.1 Top impacting factors
3.2.2 Top investment pockets
3.3 Porter’s five forces analysis
3.3.1 Moderate bargaining power of suppliers
3.3.2 Lowbargaining power of buyers
3.3.3 Moderate threat of substitutes
3.3.4 Moderate threat of new entrants
3.3.5 Moderate intensity of rivalry
3.4 Market dynamics
3.4.1 Drivers
- 3.4.1.1 Rising concern about fitness activities
- 3.4.1.2 Government initiative towards sports
3.4.2 Restraints
- 3.4.2.1 High Price
- 3.4.2.2 Increase in environmental concerns
3.4.3 Opportunities
- 3.4.3.1 Changing lifestyle of consumers
- 3.4.3.2 Emerging role of e-commerce
3.5 COVID-19 Impact Analysis on the market
3.6 Market Share Analysis
3.7 Value Chain Analysis
4 BAREFOOT SHOES MARKET, BY END-USER
4.1 Overview
4.1.1 Market size and forecast
4.2 Men
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3 Women
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4 Kids
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country
5 BAREFOOT SHOES MARKET, BY SHOE CLOSURE TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2 Buckle
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.2.4 Buckle Barefoot shoes Market by Sub-Segment
- 5.2.4.1 Natural Rubber Market size and forecast, by region
- 5.2.4.2 Leather Market size and forecast, by region
- 5.2.4.3 Mesh Market size and forecast, by region
- 5.2.4.4 Others Market size and forecast, by region
5.3 Lace-up
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
5.3.4 Lace-up Barefoot shoes Market by Sub-Segment
- 5.3.4.1 Natural Rubber Market size and forecast, by region
- 5.3.4.2 Leather Market size and forecast, by region
- 5.3.4.3 Mesh Market size and forecast, by region
- 5.3.4.4 Others Market size and forecast, by region
5.4 Zipper
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market share analysis by country
5.4.4 Zipper Barefoot shoes Market by Sub-Segment
- 5.4.4.1 Natural Rubber Market size and forecast, by region
- 5.4.4.2 Leather Market size and forecast, by region
- 5.4.4.3 Mesh Market size and forecast, by region
- 5.4.4.4 Others Market size and forecast, by region
5.5 Others
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market share analysis by country
5.5.4 Others Barefoot shoes Market by Sub-Segment
- 5.5.4.1 Natural Rubber Market size and forecast, by region
- 5.5.4.2 Leather Market size and forecast, by region
- 5.5.4.3 Mesh Market size and forecast, by region
- 5.5.4.4 Others Market size and forecast, by region
6 BAREFOOT SHOES MARKET, BY DISTRIBUTION CHANNEL
6.1 Overview
6.1.1 Market size and forecast
6.2 Hypermarkets
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3 Specialty Stores
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
6.4 Brand Outlets
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market share analysis by country
6.5 E-Commerce
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market share analysis by country
7 BAREFOOT SHOES MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast By Region
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 Market size and forecast, by End-User
7.2.3 Market size and forecast, by Shoe Closure Type
- 7.2.3.1 North America Buckle Barefoot shoes Market by Sub-Segment
- 7.2.3.2 North America Lace-up Barefoot shoes Market by Sub-Segment
- 7.2.3.3 North America Zipper Barefoot shoes Market by Sub-Segment
- 7.2.3.4 North America Others Barefoot shoes Market by Sub-Segment
7.2.4 Market size and forecast, by Distribution Channel
7.2.5 Market size and forecast, by country
- 7.2.5.1 U.S
- 7.2.5.1.1 Key market trends, growth factors and opportunities
- 7.2.5.1.2 Market size and forecast, by End-User
- 7.2.5.1.3 Market size and forecast, by Shoe Closure Type
- 7.2.5.1.4 Market size and forecast, by Distribution Channel
- 7.2.5.2 Canada
- 7.2.5.2.1 Key market trends, growth factors and opportunities
- 7.2.5.2.2 Market size and forecast, by End-User
- 7.2.5.2.3 Market size and forecast, by Shoe Closure Type
- 7.2.5.2.4 Market size and forecast, by Distribution Channel
- 7.2.5.3 Mexico
- 7.2.5.3.1 Key market trends, growth factors and opportunities
- 7.2.5.3.2 Market size and forecast, by End-User
- 7.2.5.3.3 Market size and forecast, by Shoe Closure Type
- 7.2.5.3.4 Market size and forecast, by Distribution Channel
- 7.2.5.1 U.S
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Market size and forecast, by End-User
7.3.3 Market size and forecast, by Shoe Closure Type
- 7.3.3.1 Europe Buckle Barefoot shoes Market by Sub-Segment
- 7.3.3.2 Europe Lace-up Barefoot shoes Market by Sub-Segment
- 7.3.3.3 Europe Zipper Barefoot shoes Market by Sub-Segment
- 7.3.3.4 Europe Others Barefoot shoes Market by Sub-Segment
7.3.4 Market size and forecast, by Distribution Channel
7.3.5 Market size and forecast, by country
- 7.3.5.1 UK
- 7.3.5.1.1 Key market trends, growth factors and opportunities
- 7.3.5.1.2 Market size and forecast, by End-User
- 7.3.5.1.3 Market size and forecast, by Shoe Closure Type
- 7.3.5.1.4 Market size and forecast, by Distribution Channel
- 7.3.5.2 Germany
- 7.3.5.2.1 Key market trends, growth factors and opportunities
- 7.3.5.2.2 Market size and forecast, by End-User
- 7.3.5.2.3 Market size and forecast, by Shoe Closure Type
- 7.3.5.2.4 Market size and forecast, by Distribution Channel
- 7.3.5.3 France
- 7.3.5.3.1 Key market trends, growth factors and opportunities
- 7.3.5.3.2 Market size and forecast, by End-User
- 7.3.5.3.3 Market size and forecast, by Shoe Closure Type
- 7.3.5.3.4 Market size and forecast, by Distribution Channel
- 7.3.5.4 Spain
- 7.3.5.4.1 Key market trends, growth factors and opportunities
- 7.3.5.4.2 Market size and forecast, by End-User
- 7.3.5.4.3 Market size and forecast, by Shoe Closure Type
- 7.3.5.4.4 Market size and forecast, by Distribution Channel
- 7.3.5.5 Italy
- 7.3.5.5.1 Key market trends, growth factors and opportunities
- 7.3.5.5.2 Market size and forecast, by End-User
- 7.3.5.5.3 Market size and forecast, by Shoe Closure Type
- 7.3.5.5.4 Market size and forecast, by Distribution Channel
- 7.3.5.6 Rest of Europe
- 7.3.5.6.1 Key market trends, growth factors and opportunities
- 7.3.5.6.2 Market size and forecast, by End-User
- 7.3.5.6.3 Market size and forecast, by Shoe Closure Type
- 7.3.5.6.4 Market size and forecast, by Distribution Channel
- 7.3.5.1 UK
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Market size and forecast, by End-User
7.4.3 Market size and forecast, by Shoe Closure Type
- 7.4.3.1 Asia-Pacific Buckle Barefoot shoes Market by Sub-Segment
- 7.4.3.2 Asia-Pacific Lace-up Barefoot shoes Market by Sub-Segment
- 7.4.3.3 Asia-Pacific Zipper Barefoot shoes Market by Sub-Segment
- 7.4.3.4 Asia-Pacific Others Barefoot shoes Market by Sub-Segment
7.4.4 Market size and forecast, by Distribution Channel
7.4.5 Market size and forecast, by country
- 7.4.5.1 China
- 7.4.5.1.1 Key market trends, growth factors and opportunities
- 7.4.5.1.2 Market size and forecast, by End-User
- 7.4.5.1.3 Market size and forecast, by Shoe Closure Type
- 7.4.5.1.4 Market size and forecast, by Distribution Channel
- 7.4.5.2 Japan
- 7.4.5.2.1 Key market trends, growth factors and opportunities
- 7.4.5.2.2 Market size and forecast, by End-User
- 7.4.5.2.3 Market size and forecast, by Shoe Closure Type
- 7.4.5.2.4 Market size and forecast, by Distribution Channel
- 7.4.5.3 India
- 7.4.5.3.1 Key market trends, growth factors and opportunities
- 7.4.5.3.2 Market size and forecast, by End-User
- 7.4.5.3.3 Market size and forecast, by Shoe Closure Type
- 7.4.5.3.4 Market size and forecast, by Distribution Channel
- 7.4.5.4 Australia
- 7.4.5.4.1 Key market trends, growth factors and opportunities
- 7.4.5.4.2 Market size and forecast, by End-User
- 7.4.5.4.3 Market size and forecast, by Shoe Closure Type
- 7.4.5.4.4 Market size and forecast, by Distribution Channel
- 7.4.5.5 New Zealand
- 7.4.5.5.1 Key market trends, growth factors and opportunities
- 7.4.5.5.2 Market size and forecast, by End-User
- 7.4.5.5.3 Market size and forecast, by Shoe Closure Type
- 7.4.5.5.4 Market size and forecast, by Distribution Channel
- 7.4.5.6 Rest of Asia-Pacific
- 7.4.5.6.1 Key market trends, growth factors and opportunities
- 7.4.5.6.2 Market size and forecast, by End-User
- 7.4.5.6.3 Market size and forecast, by Shoe Closure Type
- 7.4.5.6.4 Market size and forecast, by Distribution Channel
- 7.4.5.1 China
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 Market size and forecast, by End-User
7.5.3 Market size and forecast, by Shoe Closure Type
- 7.5.3.1 LAMEA Buckle Barefoot shoes Market by Sub-Segment
- 7.5.3.2 LAMEA Lace-up Barefoot shoes Market by Sub-Segment
- 7.5.3.3 LAMEA Zipper Barefoot shoes Market by Sub-Segment
- 7.5.3.4 LAMEA Others Barefoot shoes Market by Sub-Segment
7.5.4 Market size and forecast, by Distribution Channel
7.5.5 Market size and forecast, by country
- 7.5.5.1 Brazil
- 7.5.5.1.1 Key market trends, growth factors and opportunities
- 7.5.5.1.2 Market size and forecast, by End-User
- 7.5.5.1.3 Market size and forecast, by Shoe Closure Type
- 7.5.5.1.4 Market size and forecast, by Distribution Channel
- 7.5.5.2 Argentina
- 7.5.5.2.1 Key market trends, growth factors and opportunities
- 7.5.5.2.2 Market size and forecast, by End-User
- 7.5.5.2.3 Market size and forecast, by Shoe Closure Type
- 7.5.5.2.4 Market size and forecast, by Distribution Channel
- 7.5.5.3 Saudi Arabia
- 7.5.5.3.1 Key market trends, growth factors and opportunities
- 7.5.5.3.2 Market size and forecast, by End-User
- 7.5.5.3.3 Market size and forecast, by Shoe Closure Type
- 7.5.5.3.4 Market size and forecast, by Distribution Channel
- 7.5.5.4 South Africa
- 7.5.5.4.1 Key market trends, growth factors and opportunities
- 7.5.5.4.2 Market size and forecast, by End-User
- 7.5.5.4.3 Market size and forecast, by Shoe Closure Type
- 7.5.5.4.4 Market size and forecast, by Distribution Channel
- 7.5.5.5 Rest of LAMEA
- 7.5.5.5.1 Key market trends, growth factors and opportunities
- 7.5.5.5.2 Market size and forecast, by End-User
- 7.5.5.5.3 Market size and forecast, by Shoe Closure Type
- 7.5.5.5.4 Market size and forecast, by Distribution Channel
- 7.5.5.1 Brazil
8 COMPETITIVE LANDSCAPE
8.1 Introduction
8.2 Top winning strategies
8.3 Product Mapping of Top 10 Player
8.4 Competitive Dashboard
8.5 Competitive Heatmap
8.6 Top player positioning, 2021
9 COMPANY PROFILES
9.1 Body Glove
9.1.1 Company overview
9.1.2 Key Executives
9.1.3 Company snapshot
9.1.4 Operating business segments
9.1.5 Product portfolio
9.2 Feel The World, Inc
9.2.1 Company overview
9.2.2 Key Executives
9.2.3 Company snapshot
9.2.4 Operating business segments
9.2.5 Product portfolio
9.2.6 Key strategic moves and developments
9.3 Inov-8 Inc
9.3.1 Company overview
9.3.2 Key Executives
9.3.3 Company snapshot
9.3.4 Operating business segments
9.3.5 Product portfolio
9.3.6 Key strategic moves and developments
9.4 Lems Shoes
9.4.1 Company overview
9.4.2 Key Executives
9.4.3 Company snapshot
9.4.4 Operating business segments
9.4.5 Product portfolio
9.5 New Balance Athletics, Inc
9.5.1 Company overview
9.5.2 Key Executives
9.5.3 Company snapshot
9.5.4 Operating business segments
9.5.5 Product portfolio
9.5.6 Key strategic moves and developments
9.6 Softstar Shoes
9.6.1 Company overview
9.6.2 Key Executives
9.6.3 Company snapshot
9.6.4 Operating business segments
9.6.5 Product portfolio
9.6.6 Key strategic moves and developments
9.7 Vibram S.p.A
9.7.1 Company overview
9.7.2 Key Executives
9.7.3 Company snapshot
9.7.4 Operating business segments
9.7.5 Product portfolio
9.8 Vivobarefoot Limited
9.8.1 Company overview
9.8.2 Key Executives
9.8.3 Company snapshot
9.8.4 Operating business segments
9.8.5 Product portfolio
9.8.6 Business performance
9.9 Nike Inc
9.9.1 Company overview
9.9.2 Key Executives
9.9.3 Company snapshot
9.9.4 Operating business segments
9.9.5 Product portfolio
9.9.6 Business performance
9.10 Adidas AG
9.10.1 Company overview
9.10.2 Key Executives
9.10.3 Company snapshot
9.10.4 Operating business segments
9.10.5 Product portfolio
9.10.6 Business performance
9.10.7 Key strategic moves and developments
9.11 Puma SE
9.11.1 Company overview
9.11.2 Key Executives
9.11.3 Company snapshot
9.11.4 Operating business segments
9.11.5 Product portfolio
9.11.6 Business performance
9.11.7 Key strategic moves and developments
9.12 Wolverine World Wide, Inc
9.12.1 Company overview
9.12.2 Key Executives
9.12.3 Company snapshot
9.12.4 Operating business segments
9.12.5 Product portfolio
9.12.6 Business performance
9.13 Tadeevo
9.13.1 Company overview
9.13.2 Key Executives
9.13.3 Company snapshot
9.13.4 Operating business segments
9.13.5 Product portfolio
9.14 VF Corporation
9.14.1 Company overview
9.14.2 Key Executives
9.14.3 Company snapshot
9.14.4 Operating business segments
9.14.5 Product portfolio
9.14.6 Business performance
9.15 KINEYATABI CO LTD
9.15.1 Company overview
9.15.2 Key Executives
9.15.3 Company snapshot
9.15.4 Operating business segments
9.15.5 Product portfolio