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Merino Wool Shoes Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Type (Adult, Children), By End-User (Men, Women, Kids, Unisex)), By Distribution Channel (Offline, Online) and By Region

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    Report

  • 117 Pages
  • November 2022
  • Region: Global
  • TechSci Research
  • ID: 5689399
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Global merino wool shoes market is anticipated to register growth with a robust CAGR in the forecast period, 2023-2027. The market growth can be attributed to the rising popularity of wool as a material for sneakers and running shoes due to the multiple advantages of merino wool such as antimicrobial, odor-resistant, temperature regulating, moisture-wicking, etc. With the inflating disposable income of the consumers along with the elevating standards of living, the consumers are seeking for the best-in-class comfortable shoes. Merino wool shoes offer breathability and resistance to water. Moreover, the shoes made from merino wool are durable and light in weight, hence creating a barefoot feeling for the wearer. Furthermore, they are highly preferred in the region, which is cold throughout the year. Merino shoes have a wave-like structure, and the fibers are extremely crimped. Increase in winter tourism and growing awareness among people regarding the merino wool benefits are contributing to the high demand for merino wool shoes.

Merino wool is one of the world’s finest wools utilized for luxury apparel and sportswear. Merino is a breed of sheep known for its fine soft wool. The shoes made of merino wool offer a series of benefits to the user. Each fiber of the wool helps in regulating the body temperature and transports sweat away like vapor hence cancelling out the bad odor. Moreover, the shoes made from merino wool are breathable and are ideal for hikers to explore nature as it allows the hiker to go father and provides a comfortable experience to the user. The global merino wool market stood at near a volume of 270 KMT in 2020. As of 2020, Australia is the largest wool exporter of raw wool in the world which covers about 23% of the world's wool demand followed by New Zealand.

A steady rise in outdoor sports activities is projected to positively impact the sales of merino wool shoes. As per a report by the US Bureau of Labor Statistics, individuals engaged in educational groups are more inclined toward sports and exercise activities. In case of activity type, walking fall under the top 10 most preferred activities. Rising health consciousness among people have led to their increased participation in physical activities, which is contributing to more demand for merino wool shoes. Apart from this, several leading manufacturers of the industry are introducing comfortable features with merino wool shoes in order to expand their consumer base. For instance, the merino wool shoes are now coming with orthopedic insoles that help the user to keep their joints in the right position, which enables the user to walk for a longer period conveniently. In addition, the merino wool shoes are also coming with EVA soles, alternative to the conventional rubber soles. EVA soles are much lighter in weight as compared to rubber soles, thereby making the shoes lightweight and comfortable.

Apart from this, the shoes made from merino wool are resistant to water, so if an individual even walks in the rain or on a wet road, the feet will remain dry through any unexpected precipitation. Hence, the merino wool shoes market holds a huge potential and their market is anticipated to grow at a formidable rate in the coming years.

Market Segmentation

The global merino wool shoes market is segmented by type, end-user, distribution channel, competitive landscape, and regional distribution. Based on type, the market is bifurcated into adult and children. By end-user, the market is segmented between men, women, kids, unisex. Based on distribution channel, the market is divided between offline and online. The market analysis also studies the regional segmentation, divided among North America, Europe, Asia Pacific, Middle east and Africa, South America. The United States is anticipated to hold a significant market share in the coming years due to the inflating disposable income of the consumers along with the elevating lifestyles of the consumers.

Company Profile

Allbirds, Inc, Giesswein Walkwaren AG, Glerups Inc., BAABUK Sàrl, Felts Health Shoes Ltd 21K Footwear Ltd (mahabis), Neeman’s Privated Limited, PRFO Sports, and Babooshka LLC (Cozyz Shoes) are the leading market players operating in the global merino wool shoes market.

Report Scope:

In this report, global merino wool shoes market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Merino Wool Shoes Market, By Type:

  • Adult
  • Children

Merino Wool Shoes Market, By End Users:

  • Men
  • Women
  • Kids
  • Unisex

Merino Wool Shoes Market, By Distribution Channel:

  • Online
  • Offline

Merino wool shoes Market, By Region:

  • North America
  • United States
  • Mexico
  • Canada
  • Europe
  • France
  • Germany
  • United Kingdom
  • Italy
  • Spain
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • South America
  • Brazil
  • Argentina
  • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Merino wool shoes Market.

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Table of Contents

1. Product Overview2. Research Methodology3. Executive Summary
4. Voice of Customer
4.1. Brand Awareness
4.2. Factors Influencing Purchase Decision
4.3. Sources of Information
4.4. Challenges Faced Post Purchase
5. Global Merino Wool Shoes Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Type (Adult, Children)
5.2.2. By End-User (Men, Women, Kids, Unisex))
5.2.3. By Distribution Channel (Offline, Online)
5.2.4. By Region
5.2.5. By Company (2021)
5.3. Market Map
6. North America Merino Wool Shoes Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Type
6.2.2. By End-User
6.2.3. By Distribution Channel
6.2.4. By Country (United States; Canada; Mexico and Rest of North America)
6.3. North America: Country Analysis
6.3.1. United States Merino Wool Shoes Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value & Volume
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Type
6.3.1.2.2. By End-User
6.3.1.2.3. By Distribution Channel
6.3.2. Canada Merino Wool Shoes Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value & Volume
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Type
6.3.2.2.2. By End-User
6.3.2.2.3. By Distribution Channel
6.3.3. Mexico Merino Wool Shoes Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value & Volume
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Type
6.3.3.2.2. By End-User
6.3.3.2.3. By Distribution Channel
7. Europe Merino Wool Shoes Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By End-User
7.2.3. By Distribution Channel
7.2.4. By Country (France; Germany; UK; Italy; Spain and Rest of Europe)
7.3. Europe: Country Analysis
7.3.1. France Merino Wool Shoes Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value & Volume
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Type
7.3.1.2.2. By End-User
7.3.1.2.3. By Distribution Channel
7.3.2. Germany Merino Wool Shoes Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value & Volume
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Type
7.3.2.2.2. By End-User
7.3.2.2.3. By Distribution Channel
7.3.3. United Kingdom Merino Wool Shoes Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value & Volume
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Type
7.3.3.2.2. By End-User
7.3.3.2.3. By Distribution Channel
7.3.4. Italy Merino Wool Shoes Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value & Volume
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Type
7.3.4.2.2. By End-User
7.3.4.2.3. By Distribution Channel
7.3.5. Spain Merino Wool Shoes Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value & Volume
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Type
7.3.5.2.2. By End-User
7.3.5.2.3. By Distribution Channel
8. Asia-Pacific Merino Wool Shoes Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By End-User
8.2.3. By Distribution Channel
8.2.4. By Country (China; India; Japan; South Korea; Australia; and Rest of Asia Pacific)
8.3. Asia-Pacific: Country Analysis
8.3.1. China Merino Wool Shoes Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value & Volume
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Type
8.3.1.2.2. By End-User
8.3.1.2.3. By Distribution Channel
8.3.2. India Merino Wool Shoes Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value & Volume
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Type
8.3.2.2.2. By End-User
8.3.2.2.3. By Distribution Channel
8.3.3. Japan Merino Wool Shoes Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value & Volume
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Type
8.3.3.2.2. By End-User
8.3.3.2.3. By Distribution Channel
8.3.4. South Korea Merino Wool Shoes Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value & Volume
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Type
8.3.4.2.2. By End-User
8.3.4.2.3. By Distribution Channel
8.3.5. Australia Merino Wool Shoes Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value & Volume
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Type
8.3.5.2.2. By End-User
8.3.5.2.3. By Distribution Channel
9. Middle East and Africa Merino Wool Shoes Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By End-User
9.2.3. By Distribution Channel
9.2.4. By Country (UAE; Saudi Arabia; South Africa and Rest of Middle East & Africa)
9.3. MEA: Country Analysis
9.3.1. South Africa Merino Wool Shoes Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value & Volume
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Type
9.3.1.2.2. By End-User
9.3.1.2.3. By Distribution Channel
9.3.2. Saudi Arabia Merino Wool Shoes Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value & Volume
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Type
9.3.2.2.2. By End-User
9.3.2.2.3. By Distribution Channel
9.3.3. UAE Merino Wool Shoes Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value & Volume
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Type
9.3.3.2.2. By End-User
9.3.3.2.3. By Distribution Channel
10. South America Merino Wool Shoes Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By End-User
10.2.3. By Distribution Channel
10.2.4. By Country (Brazil; Argentina; Colombia; and Rest of South America)
10.3. South America: Country Analysis
10.3.1. Brazil Merino Wool Shoes Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value & Volume
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Type
10.3.1.2.2. By End-User
10.3.1.2.3. By Distribution Channel
10.3.2. Argentina Merino Wool Shoes Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value & Volume
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Type
10.3.2.2.2. By End-User
10.3.2.2.3. By Distribution Channel
10.3.3. Colombia Merino Wool Shoes Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value & Volume
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Type
10.3.3.2.2. By End-User
10.3.3.2.3. By Distribution Channel
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
13. Competitive Landscape
13.1. Company Profiles
13.1.1. Company Details
13.1.2. Financials (As reported)
13.1.3. Key Market Focus and Geographical Presence
13.1.4. Pricing of Target Products
13.1.5. Market positioning
13.2. Allbirds, Inc
13.3. Giesswein Walkwaren AG
13.4. Glerups Inc.
13.5. BAABUK Sàrl
13.6. Felts Health Shoes Ltd
13.7. 21K Footwear Ltd (mahabis)
13.8. Neeman’s Privated Limited
13.9. PRFO Sports
13.10. Babooshka LLC (Cozyz Shoes)
14. Strategic Recommendations
15. About the Publisher & Disclaimer
(Note: The companies list can be customized based on the client requirements.)

Companies Mentioned

  • Allbirds, Inc
  • Giesswein Walkwaren AG
  • Glerups Inc.
  • BAABUK Sàrl
  • Felts Health Shoes Ltd
  • K Footwear Ltd (mahabis)
  • Neeman’s Privated Limited
  • PRFO Sports
  • Babooshka LLC (Cozyz Shoes)