Shoe packaging category spend analysis
The emergence of creative eco-friendly shoe packaging materials and shoe packaging boxes is one of the key reasons behind the market’s steady growth. Additionally, with the rising adoption of anti-counterfeiting technologies, the global category spend is estimated to increase over the next four years. This procurement report also offers insights into the key geographies for the market and estimates the APAC region to dominate over other geographies such as North America, South America, Europe, and MEA. It also offers a comprehensive coverage of the top suppliers and identifies strategies to boost procurement excellence.
The growth of the global footwear industry owing to the extensive focus on expansion strategies by shoe manufacturing brands, the emergence of local and regional brands, and diversification of shoe portfolios by manufacturers will spur the demand for shoe packaging materials and shoe packaging boxes among the end-users. Also, the rising popularity and preference for e-commerce platforms are expected to boost the global footwear industry, which, in turn, will result in the growth of the shoe packaging market during the forecast period.
Shoe packaging market demand-supply shifts
One of the best practices to overcome the demand-supply dynamism is to look for suppliers who offer value-added services, lightweight shoe packaging materials and shoe packaging boxes, and sustainable packaging solutions. Additionally, it is advisable for the buyers to engage with suppliers who have automated their production lines. This would provide them with assurance about the efficiency of suppliers.
Regional demand-supply snapshot: In North America, the suppliers are increasingly focusing on collaborating with shoe manufacturers to enhance the aesthetics of shoe packaging boxes. As a result, suppliers have been compelled to adopt various designing software such as 3D imaging software to design 3D models of shoe packaging boxes for buyers.
This procurement report also identifies other key factors that will help the buyers:
- Understand the spend potential within the shoe packaging market
- Analyze supply cost structure
- Identify major category growth enablers
- Analyze the global and regional spend opportunity
Shoe packaging production hubs
Suppliers of shoe packaging boxes and shoe packaging materials are focusing on countries such as China, India, South Korea, and Brazil for establishing their manufacturing facilities. This shift in the production hubs is mostly due to the presence of low-cost labor and availability of raw materials in these countries.
In North America, the US and Canada are the major production hubs. The rising demand for shoes in these countries, due to the growing demand for sports footwear among health-conscious end-users, is leading to the growth of the footwear industry. This growth is estimated to have a positive impact on the shoe packaging market’s future growth prospects.
Key insights offered in this procurement report will help the buyers identify:
- Global and regional category risks
- Category growth drivers
- Supplier selection criteria
An analysis of the shoe packaging boxes, shoe packaging materials, top packaging material suppliers, and cost-saving opportunities are also offered in this procurement report.
