Market Research Reports, Inc. has announced the addition of “Global Disposable Slippers Market 2017 - 2021” research report to their website www.MarketResearchReports.com
Lewes, DE -- (SBWIRE) -- 01/10/2018 -- Report forecast the global disposable slippers market to grow at a CAGR of 5.11% during the period 2017-2021.
Disposable slippers, especially non-woven disposable slippers, are suited for one-time usage and are disposed of after a single usage. These slippers find uses in hotels, spa centers, hospitals, and places like residential buildings, aircraft, and beauty parlors. Disposable slippers are characterized by convenient production processes because of their fixed size. The requirement of fabric in a single product is extremely low. Due to this, the key manufacturers of disposable slippers enjoy the ease of considering merely a limited number of factors during the manufacturing process. One key factor that the manufacturers consider is the slipper size. Disposable slippers manufacturers are in a position to conveniently manufacture a large number of slippers without much difficulty.
The report covers the present scenario and the growth prospects of the global disposable slippers market for 2017-2021. To calculate the market size, the report considers the revenue generated through the retail sales of different types of disposable slippers in spa, hotel, hospital, and other industries.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
According to the report, one of the major drivers for this market is Adoption of multiple marketing and promotional strategies by key competitors. Launching advertising campaigns is an age-old marketing strategy adopted by well-established sports-equipment manufacturers. In general, the most common purchase behavior exhibited by consumers is the preference for celebrity-endorsed products or services. Key competitors, therefore, use celebrity endorsements as one of their primary marketing tools.
Further, the report states that one of the major factors hindering the growth of this market is Prominence of counterfeit products in the market. The easy availability of a number of counterfeit products is expected to hinder the market's growth during the forecast period. The presence of a number of counterfeit products leads to market fragmentation. Market fragmentation eventually results in a lack of price standardization, an uneven competitive scenario, and market share erosion. To gain a competitive advantage over international brands, counterfeit products are priced at much lower rates than branded products. They, however, lack quality and durability. Counterfeit products are preferred by low-income customers as they are affordable. This might prevent key competitors to achieve optimal market penetration and will likely result in inventory backlogs in their supply chains.
Global Disposable Slippers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the global disposable slippers market: Appearus Products, Haon Group, and Nicely Neat.
Other Prominent Vendors in the market are: Huini USA Beauty, IBI Beauty, Kolunhome&Jasmine, Mediblue Health Care, and Universal Textiles.
Market driver
- Adoption of multiple marketing and promotional strategies by key competitors
- For a full, detailed list, view our report
Market challenge
- Prominence of counterfeit products in the market
- For a full, detailed list, view our report
Market trend
- Advent of the wellness tourism industry
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
Spanning over 88 pages "Global Disposable Slippers Market 2017 - 2021" report covers Executive summary, Introduction, Scope of the report, Research Methodology, Market landscape, Market segmentation by product, Market segmentation by material type, Market segmentation by end-user, Market segmentation by distribution channel, Geographical segmentation, Key leading countries, Decision framework: Drivers & Challenges, Drivers and challenges, Market trends, Competitor landscape, Key competitor analysis, Appendix.
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