Shoelace Market: Growth, Trends, and Future Outlook
https://dataintelo.com/report/global-shoelace-market
The Shoelace Market is experiencing steady growth, driven by increasing consumer demand for fashionable and durable shoelaces. Valued at USD 1.8 billion in 2023, the market is expected to reach USD 2.7 billion by 2030, growing at a CAGR of 6.5% during the forecast period. Shoelaces, once considered a basic functional accessory, have now evolved into a key fashion statement and are witnessing widespread demand across various consumer segments.
The market's growth is attributed to the rising trend of customization in footwear, the growing popularity of athleisure, and the continuous introduction of innovative shoelace designs. The increasing inclination of consumers towards personalizing their shoes with unique laces and the growing e-commerce industry are also fueling market expansion.
https://dataintelo.com/report/global-shoelace-market
The Shoelace Market is experiencing steady growth, driven by increasing consumer demand for fashionable and durable shoelaces. Valued at USD 1.8 billion in 2023, the market is expected to reach USD 2.7 billion by 2030, growing at a CAGR of 6.5% during the forecast period. Shoelaces, once considered a basic functional accessory, have now evolved into a key fashion statement and are witnessing widespread demand across various consumer segments.
The market's growth is attributed to the rising trend of customization in footwear, the growing popularity of athleisure, and the continuous introduction of innovative shoelace designs. The increasing inclination of consumers towards personalizing their shoes with unique laces and the growing e-commerce industry are also fueling market expansion.
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