Global Shoe Packaging Market 2017-2021

Overview of the global shoe packaging market

Research analysis on the global shoe packaging market identifies that growing need for sustainable shoe packaging will be one of the major factors that will have a positive impact on the growth of the market. With the growing popularity of product unboxing videos, companies have the need to focus on the effective application of their R&D budget towards improving packaging presentation. Moreover, the growing environmental concerns will also compel vendors to reconsider their choice of material for packaging and cause businesses to reduce the use of materials that adversely impact the environment. This will in turn, result in the production of packaging boxes with biodegradable materials. In addition to having a less impact on the environment, the use of biodegradable packaging will also help companies lower their production costs and improve brand image. Technavio's market research analysts predict that this market will generate a revenue of almost USD 6.4 billion by 2021.

The rising popularity of light weight packaging will be one of the latest trends that will gain traction in the shoe packaging market during the next four years. There is a rising focus of shoe companies to use less packaging, which will reduce the overall cost of the product. This is inducing packaging companies to introduce innovative products to meet the requirement of shoe companies. Publicis Impetu already introduced a small shoebox for Nike that uses only about 25% to 35% of the size of its regular shoe packaging.

Competitive landscape and key vendors

With the presence of numerous vendors, this market appears to be highly fragmented. The vendors in the market are focusing on designing new shoe boxes to make them look premium and attractive. They compete mainly on the basis of factors, such as price and volume. The growing popularity of e-commerce offers significant growth opportunities to the shoe packaging companies.

The leading vendors in the market are -

• M. K. Packaging
• Packman
• Precious Packaging
• Royal Packers

The other prominent vendors in the market are Cross Country Box Company, Elevated Packaging, Great Little Box Company, Marber, Merrypak, My Box Printing, Pack Now, PACKQUEEN, Samrat Box Mfg. Co. Pvt. Ltd, and Taizhou Forest Color Printing Packing.

Segmentation by packaging type and analysis of the shoe packaging market

• Corrugated shoe packaging
• Reusable shoe packaging
• Tubular shoe packaging

During 2016, the corrugated shoe packaging segment accounted for the major shares of this shoe box market. Corrugated boxes are the most popular type of shoe packaging due to its advantages. According to our industry research and analysis, this segment will continue to account for the major shares of this market during the forecast period as well.

Geographical segmentation and analysis of the shoe packaging market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to this shoe box market till 2021. The increasing health awareness and benefits of following a healthy lifestyle has led to the increased demand for sports footwear in the region. This in turn, has boosted the growth of the shoe packaging market.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global shoe packaging market?
• What are the key market trends impacting the growth of the global shoe packaging market?
• What are the challenges to market growth?
• Who are the key vendors in the global shoe packaging market?
• What are the market opportunities and threats faced by the vendors in the global shoe packaging market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global shoe packaging market? 

Technavio also offers customization on reports based on specific client requirement.

This report on the global shoe packaging market presents insights into the trends and drivers of the transportation and logistics industry and focuses on the major sub-segments like packaging. Moreover, this market report presents a detailed vendor analysis with extensive details on some of the major vendors operating in the market like Packman Packaging, Royal Packers, KG Packaging, Precious Packaging, and MK Packaging.

This report on the global shoe packaging market implements a unique research methodology including primary and secondary market research techniques backed by qualitative and quantitative data collection techniques to offer a profound picture of the market for the estimated period of 2017-2021.

This report on the global shoe packaging market is segmented across various geographies like the Americas, APAC, and EMEA to help the clients expand in niche markets and get a better understanding of different markets. This report also offers a deep-dive analysis of the market in terms of market segmentation, market share and size, and market forecast.

Our market research report on the global shoe packaging market offers a complete and substantial analysis of the similar segments in the transportation and logistics industry like tags and labels. Moreover, this market research report on the global shoe packaging market report also follows the growth trajectory of similar rapidly growing markets such as the returnable packaging market, which is expected to post a CAGR of around 7% by 2021.

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.