IMARC Group, a leading market research company, has recently releases report titled “Men Formal Shoe Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global men formal shoe market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the men formal shoe market?

What is men formal shoe?

Formal shoes are specifically worn on various occasions, such as formal meetings, dress-coded parties, offices, and special occasions. They are made of cowhide, artificial leather, and grained leather.  They are comfortable for the feet and offer various advantages, including a distinctive appearance, better finishing, and enhanced durability as compared to their casual counterparts.

Request for a free sample copy of this report: https://www.imarcgroup.com/men-formal-shoe-market/requestsample

What are the growth prospects and trends in the men formal shoe?

At present, the increasing working population, inflating disposable incomes, and the escalating demand for premium and branded footwear are among the key factors positively influencing the market worldwide. In addition, significant growth in the corporate sector and shifting consumer preferences toward online shopping due to the convenience and availability of foreign brands, discounts, and virtual trial rooms are resulting in higher product sales. This, in confluence with the increasing investments in social media promotion, celebrity endorsements, and banner advertising by key market players is propelling the market growth. Furthermore, manufacturers are focusing on product launches, collaboration and partnerships, and mergers and acquisitions (MAs), to enhance their geographical presence. Besides this, the introduction of fusion looks, waterproofing and unique stitch and cut patterns on shoes, rapid industrialization, and changing lifestyle patterns of consumers, are stimulating the growth of the market across the globe.

What is included in market segmentation?

The report has segmented the market into the following categories:

Shoe Type Insights

• Oxford Shoe
• Derby Shoe
• Loafer Shoe
• Boots Shoe
• Others

Leather Type Insights

• Patent Leather
• Pebble and Full Grain Leather
• Top Grain Leather
• Suede Leather

Breakup by Geography:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

• Alden Shoe Company
• Allen Edmonds Corporation (Caleres Inc.)
• Bruno Magli S.p.A. (Marquee Brands)
• Burberry Group Plc
• C. J. Clark International Ltd. (CJ Clark (Holdings) Limited)
• Calvin Klein Inc. (PVH Corp.)
• Cole Haan
• Dolce Gabbana S.r.l.
• Genesco Inc.
• Guccio Gucci S.p.A (Kering Holland NV)
• Hugo Boss AG
• LVMH Moët Hennessy Louis Vuitton
• Prada S.p.A.

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=6897&flag=C

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

Follow us on Twitter: @imarcglobal

LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/