Footwear Manufacturing Machines Market

Footwear Manufacturing Machinery Market Overview:

The global footwear manufacturing machinery market is expected to reach $23,372.1 million by 2025, from $16,836.3 million in 2017, growing at a CAGR of 4.3% from 2018 to 2025. Footwear manufacturing machinery includes machinery used to manufacture different parts of footwear such as sole, insole, and others. These machines also assemble and stabilize the footwear components to produce a finished footwear product. With the help of these machineries, manufacturers can give different shape, size, design, and pattern to footwear product. The footwear manufacturing machinery includes a range of machines used for cutting machines, pattern making, sewing machines, lasting machines, closing machines, bottoming machines, finishing machines, insole making machines, shoe repair machines, and others. Companies such as Atom S.p.A, Brustia Alfameccanica S.r.l., Comec, Comelz S.p.A, and other leading players have a major share in the footwear manufacturing machines market.

The rapid change in lifestyle and change in fashion trend boost the demand for footwear with different shapes and designs. Thus, footwear manufacturers are installing footwear making machines to simplify the manufacturing process and improve product quality. This in turn, boost the demand for footwear manufacturing machinery in the market. Moreover, improved economic growth and increase in disposable income boost investment in consumption of footwear and thus, footwear manufacturing machines. Further, many footwear manufactures are investing in footwear making machines featured with advance technologies to improve manufacturing process. This is ultimately expanding the footwear manufacturing machines market. Also, these advances in the footwear manufacturing machinery increase the production capacity and reduce operational time. These factors are expected to fuel the demand for footwear manufacturing machines during the forecast period. However, high initial investment associated with setup of footwear manufacturing machinery and uncertainty in the manufacturing sector are expected to hinder the market growth. Nonetheless, increase in emphasis on domestic manufacturing is expected to provide lucrative opportunity for small players in the developing countries.

The global footwear manufacturing machinery market is segmented by solution, machine type, and region. The solutions segment includes various products and services related to footwear manufacturing machinery. In 2017, the product segment dominated the market, in terms of revenue, and is expected to maintain this trend in the coming years. The product segment is further divided into cutting machine, lasting machine, shoe stitching machine, closing machines (upper assembly), bottoming machines, finishing machines, and others (insole making machine, managing & handling machine, and shoe repair machine). The service division is sub segmented into maintenance and repair services. Based on machine type, the market is categorized into manual machine, semi-automatic machine, and automatic machine. The semi-automatic machines segment is anticipated to dominate the global footwear manufacturing machines market throughout the forecast period.

Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2017, Asia-Pacific accounted for the highest share in the footwear manufacturing machinery market and is anticipated to secure the leading position during the forecast period, owing to wide presence of footwear manufacturing companies and key presence of footwear making machinery manufacturers in Taiwan.

Competition Analysis

Competitive analysis and profiles of the major footwear manufacturing machines market players, such as ALC Tecnologie Adesive S.r.l., Atom S.p.A, Brustia Alfameccanica S.r.l., Comec, Comelz S.p.A, Dongguan Kingstone Shoe-making Machinery Co. Ltd., Elitron IPM S.r.l., Kou Yi Iron Works Co., Ltd., Orisol Taiwan Ltd., and True Ten Industrial Co., Ltd. are provided in this report.

Key Benefits for Footwear Manufacturing Machinery Market:

• The report provides an extensive analysis of the current and emerging market trends, and dynamics in the global footwear manufacturing machines market.
• In-depth analysis is conducted by constructing market estimations for the key market segments between 2017 and 2025.
• Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
• A comprehensive analysis of all regions is provided to determine the prevailing opportunities in these geographies.
• Key market players within the footwear manufacturing machines market are profiled in this report and their strategies are analyzed thoroughly, which help in understanding the competitive outlook of the global footwear manufacturing machines market.

Footwear Manufacturing Machinery Key Market Segments:

By Solutions

• Product
  • Cutting machine
  • Lasting machine
  • Shoe stitching machine
  • Closing Machines (Upper Assembly)
  • Bottoming Machines
  • Finishing Machines
  • Others
• Services
• Maintenance
• Repair

By Machine Type

• Manual
• Automatic
• Semi-Automatic

By Geography

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Italy
  • Germany
  • Spain
  • Romania
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Rest of Asia-Pacific
• LAMEA
  • Latin America
  • Middle East
  • Africa

Key Players

• ALC Tecnologie Adesive S.r.l.
• Atom S.p.A
• Brustia Alfameccanica S.r.l.
• Comec
• Comelz S.p.A
• Dongguan Kingstone Shoe-making Machinery Co. Ltd.
• Elitron IPM S.r.l.
• Kou Yi Iron Works Co., Ltd.
• Orisol Taiwan Ltd.
• True Ten Industrial Co., Ltd.

 Footwear Manufacturing Machines Market Report Highlights