Flip Flops Market Size Worth $23.8 Billion By 2025

1. Flip Flops Market Size Worth $23.8 Billion By 2025 “The global flip flops market is estimated to touch USD 23.8 billion by 2025, according to a new report by Million Insights. The market is predicted to grow at a CAGR of 4.2% over the forecast period. The growing trend of fashionable and comfortable footwear is propelling product demand.” The global flip flops market is estimated to touch USD 23.8 billion by 2025, according to a new report by Million Insights. The market is predicted to grow at a CAGR of 4.2% over the forecast period. The growing trend of fashionable and comfortable footwear is propelling product demand. These footwear products are light in weight and can easily be carried, thus, providing convenience to consumers. Further, the growing demand for eco-friendly products is compelling manufacturers to focus on the production of sustainable products. This factor is estimated to bode well for the growth of the flip flop market over the forecast period. For example, Allbirds introduced the new line of flip flop manufactured with sugarcane. Further, companies are focusing on sustainability factor by donating money to support an environmental cause. For example, Havaianas introduced IPE collection with an announcement that the company will donate 7% of its revenue. The online segment is expected to be the fastest-growing sector owing to the advent of multi retailing platforms coupled with the rise in the number of e-commerce websites. On the other hand, the offline segment held the largest market share in 2018, largely because of the rapidly growing chain of supermarkets and hypermarkets in emerging countries. Key players operating in the market are Crocs, Adidas AG, Kappa, Tory Burch LLC, Fat Face, Deckers Brands, Nike, Inc., Clark International Ltd and Havaianas among others. These players are focusing on increasing their investment on the production of eco-friendly products to gain upper hand in the market. Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/global-flip-flops-market/request-sample

2. Further key findings from the report suggest: • Among end-users, the female segment occupied the largest market share in 2018 and expected to maintain its dominance over the forecast duration. • By sales channel, online segment is likely to exhibit a CAGR of 5.1% over the forecast period. • Major players operating in the flip flops market are Skechers USA Inc., Crocs, Adidas AG, Kappa, Tory Burch LLC, Fat Face and Deckers Brands among others. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-flip-flops-market Million Insights has segmented the global flip flops market on the basis of end user, distribution channel, and region: Flip Flops End User Outlook (Revenue, USD Million, 2015 - 2025) • Female • Male Flip Flops Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025) • Online • Offline Flip Flops Regional Outlook (Revenue, USD Million, 2015 - 2025) • North America • U.S. • Europe • Germany • U.K. • Asia Pacific

3. • China • Japan • Central & South America • Brazil • Middle East & Africa • South Africa See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/consumer-goods

4. Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184