DUBLIN–(BUSINESS WIRE)–The “Global Men’s Dress Shoes Market (2016-2022)” report has been added to Research and Markets’ offer.
The global men’s dress shoes market is expected to reach a market size of $9.5 billion by 2022, growing at a CAGR of 7% during the forecast period. It has been observed that a good appearance and clean shoes always leave a good impression, especially at formal events. Men’s formal shoe, also known as dress shoe, is one of the important parts of office attire. Formal shoes give a complete look to formal outfits. A variety of formal shoe options are available for different occasions such as meetings, sports, casual events and others. Formal shoes have been categorized into different styles such as derby, oxford, moccasin, boots, moccasins and others. These shoes give a nice and formal look to the outfit.
Formal shoes have seen significant growth in recent years as they are extremely comfortable and also provide a good fashion statement even in formal looks. Most formal shoes are made of leather. Oxfords and Monk shoes have gained popularity due to their style and comfort. In addition to this, brogues are also trending, especially among young people.
Desert Boots are all the rage these days. The latest models of desert boots have attracted many consumers. Clarks recently launched its new line of desert boots, inspired by chukka boots; moreover, brogues are also in fashion. Brogues come in a variety of shoes and boots. The features add more value to its growing demand. Therefore, varieties of brogues and oxford shoes are gaining popularity in the world.
The factors driving the growth of the formal men’s footwear market are increasing consumer disposable incomes and online retailing. Innovative designs and better shoe quality have further contributed to the growth of men’s formal footwear. However, counterfeit products could restrain the growth of the men’s formal footwear market.
Companies cited
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Kering (Gucci)
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cole haan
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Burberry Group Plc
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LVMH
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SPA Prada
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PVH (Calvin Klein, Inc.)
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Hugo Boss S.A.
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C & J. Clark International Ltd.
Main topics covered:
1. Market Scope and Methodology
2. Market Overview
3. Global Men’s Formal Shoes Market
4. Global Men’s Dress Shoes Market by Leather Type
5. Global Men’s Dress Shoes Market by Country
6. Company Profiles
For more information on this report, visit https://www.researchandmarkets.com/research/wjn9f5/global_men_formal
