Saturday, June 22, 2024 The global flip flops market is projected to expand by USD 6.83 billion from 2024-2028, with a CAGR of 5.01% during this period, according to Technavio.
Growth is driven by increased rubber production and a decline in leather usage, along with a surge in advertising and marketing campaigns. However, price fluctuations in raw materials present a challenge. Key market players include Adidas AG, Alpargatas SA, BasicNet Spa, Birkenstock digital GmbH, Boardriders, Clarks Reliance Footwear Pvt.
Ltd., Crocs Inc., Deckers Outdoor Corp.
, Duke Fashions India Ltd., FatFace Ltd., Flop Happy LLC, Nike Inc.
, OluKai LLC, Oofos Inc., Skechers USA Inc., Solethreads, SUPERDRY PLC, The Gap Inc.
, Tory Burch LLC, and VALENTINO Spa. Market Driver Flip flops vendors have significantly boosted sales through strategic marketing and advertising efforts, leveraging various platforms and celebrity endorsements. The rise of online retailing and partnerships with celebrities like Jennifer Garner and Kate Hudson have played a crucial role in the global flip flops market’s growth.
Trends and Innovations in the Flip Flops Market Recent trends in the flip flops market highlight the increasing use of durable and comfortable materials such as fabric and rubber. There is a growing focus on producing eco-friendly flip flops made from recycled materials. The trend towards personalization continues, with many brands offering customizable options.
Additionally, the market for performance fl.
