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Singapore - Footwear - Market Analysis, Forecast, Size, Trends And Insights
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Singapore: Footwear Market Overview 2020

Footwear Market Size in Singapore

The revenue of the footwear market in Singapore amounted to $X in 2018, shrinking by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, footwear consumption, however, continues to indicate resilient growth. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Footwear consumption peaked at $X in 2014; however, from 2015 to 2018, consumption remained at a lower figure.

Footwear Exports

Exports from Singapore

In 2018, approx. X pairs of footwear were exported from Singapore; lowering by -X% against the previous year. In general, footwear exports continue to indicate a mild contraction. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. Over the period under review, footwear exports reached their maximum at X pairs in 2009; however, from 2010 to 2018, exports remained at a lower figure.

In value terms, footwear exports stood at $X in 2018. Over the period under review, footwear exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2012 when exports increased by X% year-to-year. Exports peaked in 2018 and are likely to see steady growth in the immediate term.

Exports by Country

Indonesia (X pairs), Malaysia (X pairs) and Thailand (X pairs) were the main destinations of footwear exports from Singapore, with a combined X% share of total exports. Taiwan, Chinese, Japan, the UK, Zambia, Argentina, Timor-Leste, Viet Nam, the U.S. and Brunei Darussalam lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Malaysia ($X) and Thailand ($X) appeared to be the largest markets for footwear exported from Singapore worldwide, with a combined X% share of total exports. Japan, Taiwan, Chinese, the UK, Viet Nam, the U.S., Brunei Darussalam, Zambia, Argentina and Timor-Leste lagged somewhat behind, together comprising a further X terms of the main countries of destination, Taiwan, Chinese experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average footwear export price stood at $X per pair in 2018, jumping by X% against the previous year. In general, the footwear export price continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. In that year, the average export prices for footwear attained their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per pair), while the average price for exports to Timor-Leste ($X per pair) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Footwear Imports

Imports into Singapore

In 2018, the amount of footwear imported into Singapore stood at X pairs, declining by -X% against the previous year. Overall, the total imports indicated measured growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. In that year, footwear imports attained their peak of X pairs, and then declined slightly in the following year.

In value terms, footwear imports amounted to $X in 2018. In general, footwear imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

China (X pairs), Viet Nam (X pairs) and Italy (X pairs) were the main suppliers of footwear imports to Singapore, with a combined X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Viet Nam, while the other leaders experienced a decline.

In value terms, the largest footwear suppliers to Singapore were China ($X), Viet Nam ($X) and Italy ($X), with a combined X% share of total imports.

In terms of the main suppliers, Italy experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average footwear import price amounted to $X per pair, growing by X% against the previous year. Overall, the footwear import price continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2018 an increase of X% y-o-y. In that year, the average import prices for footwear attained their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Italy ($X per pair), while the price for India ($X per pair) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Malaysia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 15201444 - Slippers and other indoor footwear (including dancing and bedroom slippers, mules) with uppers of textile materials
• Prodcom 15201445 - Footwear with rubber, plastic or leather outer soles and textile uppers (excluding slippers and other indoor footwear, sports footwear)
• Prodcom 15201446 - Footwear with textile uppers (excluding slippers and other indoor footwear as well as footwear with outer soles of rubber, plastics, leather or composition leather)
• Prodcom 15201330 - Footwear with a wooden base and leather uppers (including clogs) (excluding with an inner sole or a protective metal toecap)
• Prodcom 15201351 - Men
• Prodcom 15201352 - Women
• Prodcom 15201353 - Children
• Prodcom 15201361 - Men
• Prodcom 15201362 - Women
• Prodcom 15201363 - Children
• Prodcom 15201370 - Slippers and other indoor footwear with rubber, plastic or leather outer soles and leather uppers (including dancing and bedroom slippers, mules)
• Prodcom 15201380 - Footwear with wood, cork or other outer soles and leather uppers (excluding outer soles of rubber, plastics or leather)
• Prodcom 15201210 - Sandals with rubber or plastic outer soles and uppers (including thong-type sandals, flip flops)
• Prodcom 15201231 - Town footwear with rubber or plastic uppers
• Prodcom 15201237 - Slippers and other indoor footwear with rubber or plastic outer soles and plastic uppers (including bedroom and dancing slippers, mules)
• Prodcom 15201100 - Waterproof footwear, with uppers in rubber or plastics (excluding incorporating a protective metal toecap)

This report provides an in-depth analysis of the footwear market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Country coverage:
• Singapore

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Singapore
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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