In the last several years, global market of High Heels developed smoothly, with an average growth rate of 2.82%. In 2017, global revenue of High Heels is nearly 34.1 billion USD; the actual production is about 832 million pairs.
According to the price, the classification of High Heels includes Economical type, Medium type, Fine type, Luxury type. And the proportion of Economical type in 2017 is about 65.84%, and the proportion is in decreasing trend from 2013 to 2017.
High Heels is widely used for Daily Wear, Performance, Work Wear. The most proportion of High Heels is used for Daily Wear, and the proportion in 2017 is about 56.81%.
Europe region is the largest supplier of High Heels, with a production market share nearly 32.74% in 2017. North America is the second largest supplier of High Heels, enjoying production market share nearly 24.43% in 2017.
Europe is the largest consumption place, with a consumption market share nearly 28.46% in 2017. Following Europe, China is the second largest consumption place with the consumption market share of 25.10%.
Market competition is intense. Belle, Nine West, Salvatore Ferragamo, Kering Group, ECCO, C.banner, etc. are the leaders of the industry, and they hold key patents, with high-end customers.