The economic development of China has resulted in considerable improvements in people’s quality of life. Large sections of the population have been making a transition from traditional to a more fashionable way of living. The growth of the per capita income of people is leading to a change in their spending pattern and is provoking a switch towards consumption of fashionable products. According to a new report by RNCOS, “China Flip-Flop Industry Outlook 2018”, the flip-flop market in China is witnessing growth on the back of changing preferences of people. Traditional flip-flops, which were dominating the Chinese flip-flop market, are slowly being replaced by fashionable flip-flops.
According to our report, flip-flops are emerging from a mere commodity of indoor use to the popular commodity for outdoor use. People are moving away from traditional flip-flops to more fashionable varieties. The innovative designs and materials being used in fashionable flip-flops are making them appropriate for outdoor use along with making them popular among the consumers. In lieu of this, the flip-flop manufacturers are thriving to introduce innovative designs in order to match the needs of people. The growing preference for fashionable flip-flops has also opened the gateway for various international as well as domestic brands to enter the flip-flop market. Thus, the flip-flop market in the country is set to witness steady growth in the coming years.
The report “China Flip-Flop Industry Outlook 2018” portrays the current and future scenario of flip-flop in China. On account of our analysis of the past and present market trends, primary research, drivers, and challenges, forecast for Chinese flip-flop market have been drawn till 2018. Additionally, in order to tap the demand prospect of various types of flip-flop in the country, we have portrayed the current and future market till 2018 for EVA, PVC and rubber flip-flops. The report also covers a section on the production forecast till 2018 of flip-flops in China, as China is the largest producer of flip-flops.
Since end consumers are the target segment of manufacturers, so we have divided the flip-flop market by women, men and children. Our research depicts that women are the major users of flip-flops. Thus, the report provides current and future market for flip-flops for women, men and children; along with highlighting the preference of various types of flip-flops among women, men and children. In addition, the report depicts the key drivers and restraints of the flip-flop market in China, along with government regulations.