Due to change of global major consumer market, the center of sandal manufacturing industry shift to the areas where the labor cost is low, such as China, Vietnam and Indonesia.
With the improvement of living standards and the progress of material technology, the functions of sandals shift from the single protection aspect to comfortable aspect and healthcare aspect, the fashion style sandals are more and more welcomed by young generation.
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According to this study, over the next five years the Womens Footwear market will register a 2.4% CAGR in terms of revenue, the global market size will reach US$ 71300 million by 2024, from US$ 63300 million in 2019.
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breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.