North America Loafers Market Size, Share & Trends Analysis Report By Distribution Channel, By End Use (Men, Women, and Kids), By Product (Leather, Fabric/Suede, and Other Products), By Country and Growth Forecast, 2024

Description

List of Tables

The North America Loafers Market would witness market growth of 12.6% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 71.95 million units, showcasing a growth of 13.5% (2020-2023).

Specialty footwear retailers provide a more curated shopping experience, often focusing on higher-end or niche footwear brands, including premium loafers. These stores are ideal for consumers seeking expert advice, high-quality materials, and a wide variety of styles and sizes. Specialty retailers typically stock a more diverse range of loafers, from classic leather designs to trendy suede or fabric options, catering to various fashion preferences. The focus on customer service and in-depth product knowledge makes specialty stores appealing to those looking for investment pieces or specific styles. Hence, in Canada, 9.76 million units of loafers are expected to be sold through specialty footwear retailers by the year 2031.

The US market dominated the North America Loafers Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $15,811.2 Million by 2031. The Canada market is expected to witness a CAGR of 13.9% during (2024 - 2031). Additionally, The Mexico market would experience a CAGR of 13.7% during (2024 - 2031).

Loafers, traditionally known as slip-on shoes without laces, have carved out a niche by balancing casual and formal footwear, making them an essential part of many wardrobes. From office attire to casual outings, loafers are widely accepted for their ability to adapt to different occasions while providing both ease of wear and a touch of sophistication. Loafers are distinguished by their adaptability, which serves as a bridge between formal dress shoes and casual footwear. Whether for a professional setting, a casual day out, or a semi-formal event, loafers are an adaptable footwear option that meets diverse fashion needs.

In recent years, the loafers market has seen steady growth, driven by various factors, including shifting fashion trends, the rise of e-commerce, and an increasing focus on comfort in footwear. As consumer lifestyles become more fast-paced and dynamic, the need for shoes that are easy to wear yet stylish has propelled loafers into the spotlight. Moreover, the rising interest in minimalist fashion, where simplicity and functionality take precedence, has further boosted the appeal of loafers. Their clean, sleek designs and slip-on nature are in harmony with the minimalist aesthetic that has garnered popularity.

The expanding middle-class population and rising urbanization fuel Mexico's increasing demand. As more Mexicans move into urban areas and gain higher disposable incomes, a growing appetite for premium and stylish footwear balances comfort with sophistication. Being versatile and practical, loafers appeal to this demographic as they are well-suited for professional and casual wear. Mexico's growing focus on fashion and consumer goods, driven by increasing shopping centers and urban retail outlets, has made loafers more accessible to the wider population. This trend will continue as urbanization and economic growth drive the country's demand for fashionable, multi-purpose footwear. Therefore, the expansion of the loafers market in the region is driven by the escalating e-commerce sector and growing disposable income.

Based on Distribution Channel, the market is segmented into Specialty Footwear Retailers, Supermarkets/Hypermarkets, Online, and Other Distribution Channel. Based on End Use, the market is segmented into Men, Women, and Kids. Based on Product, the market is segmented into Leather, Fabric/Suede, and Other Products. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Guccio Gucci S.p.A. (Kering Group)
Cole Haan (Apax Partners LLP)
Church & Co Ltd. (Prada S.p.A.)
Salvatore Ferragamo S.p.A
Tommy Hilfiger Licensing, LLC (PVH Corp.)
PUMA SE (Groupe Artemis S.A.)
Tod's S.p.A.
Bally
Allen Edmonds Corporation
SEBAGO Srl

North America Loafers Market Report Segmentation

By Distribution Channel (Volume, Million Units, USD Billion, 2020-2031)

Specialty Footwear Retailers
Supermarkets/Hypermarkets
Online
Other Distribution Channel

By End Use (Volume, Million Units, USD Billion, 2020-2031)

Men
Women
Kids

By Product (Volume, Million Units, USD Billion, 2020-2031)

Leather
Fabric/Suede
Other Products

By Country (Volume, Million Units, USD Billion, 2020-2031)

US
Canada
Mexico
Rest of North America

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Loafers Market, by Distribution Channel
- 1.4.2 North America Loafers Market, by End Use
- 1.4.3 North America Loafers Market, by Product
- 1.4.4 North America Loafers Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. North America Loafers Market by Distribution Channel

4.1 North America Specialty Footwear Retailers Market by Country
4.2 North America Supermarkets/Hypermarkets Market by Country
4.3 North America Online Market by Country
4.4 North America Other Distribution Channel Market by Country

Chapter 5. North America Loafers Market by End Use

5.1 North America Men Market by Country
5.2 North America Women Market by Country
5.3 North America Kids Market by Country

Chapter 6. North America Loafers Market by Product

6.1 North America Leather Market by Country
6.2 North America Fabric/Suede Market by Country
6.3 North America Other Products Market by Country

Chapter 7. North America Loafers Market by Country

7.1 US Loafers Market
- 7.1.1 US Loafers Market by Distribution Channel
- 7.1.2 US Loafers Market by End Use
- 7.1.3 US Loafers Market by Product
7.2 Canada Loafers Market
- 7.2.1 Canada Loafers Market by Distribution Channel
- 7.2.2 Canada Loafers Market by End Use
- 7.2.3 Canada Loafers Market by Product
7.3 Mexico Loafers Market
- 7.3.1 Mexico Loafers Market by Distribution Channel
- 7.3.2 Mexico Loafers Market by End Use
- 7.3.3 Mexico Loafers Market by Product
7.4 Rest of North America Loafers Market
- 7.4.1 Rest of North America Loafers Market by Distribution Channel
- 7.4.2 Rest of North America Loafers Market by End Use
- 7.4.3 Rest of North America Loafers Market by Product

Chapter 8. Company Profiles

8.1 Guccio Gucci S.p.A. (Kering Group)
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Recent strategies and developments:
  - 8.1.4.1 Geographical Expansions:
- 8.1.5 SWOT Analysis
8.2 Cole Haan (Apax Partners LLP)
- 8.2.1 Company Overview
- 8.2.2 Recent strategies and developments:
  - 8.2.2.1 Partnerships, Collaborations, and Agreements:
  - 8.2.2.2 Geographical Expansions:
- 8.2.3 SWOT Analysis
8.3 Church & Co Ltd. (Prada S.p.A.)
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Regional Analysis
- 8.3.4 SWOT Analysis
8.4 Salvatore Ferragamo S.p.A
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Regional Analysis
- 8.4.4 Research & Development Expenses
8.5 PUMA SE (Groupe Artemis S.A.)
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Regional Analysis
- 8.5.4 Research & Development Expense
- 8.5.5 SWOT Analysis
8.6 Tommy Hilfiger Licensing, LLC (PVH Corp)
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
8.7 Tod's S.p.A.
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
8.8 Bally
- 8.8.1 Company Overview
8.9 Allen Edmonds Corporation
- 8.9.1 Company Overview
8.10. Sebago
- 8.10.1 Company Overview

LIST OF TABLES

TABLE 1 North America Loafers Market, 2020 - 2023, USD Million
TABLE 2 North America Loafers Market, 2024 - 2031, USD Million
TABLE 3 North America Loafers Market, 2020 - 2023, Million Units
TABLE 4 North America Loafers Market, 2024 - 2031, Million Units
TABLE 5 North America Loafers Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 6 North America Loafers Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 7 North America Loafers Market by Distribution Channel, 2020 - 2023, Million Units
TABLE 8 North America Loafers Market by Distribution Channel, 2024 - 2031, Million Units
TABLE 9 North America Specialty Footwear Retailers Market by Country, 2020 - 2023, USD Million
TABLE 10 North America Specialty Footwear Retailers Market by Country, 2024 - 2031, USD Million
TABLE 11 North America Specialty Footwear Retailers Market by Country, 2020 - 2023, Million Units
TABLE 12 North America Specialty Footwear Retailers Market by Country, 2024 - 2031, Million Units
TABLE 13 North America Supermarkets/Hypermarkets Market by Country, 2020 - 2023, USD Million
TABLE 14 North America Supermarkets/Hypermarkets Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Supermarkets/Hypermarkets Market by Country, 2020 - 2023, Million Units
TABLE 16 North America Supermarkets/Hypermarkets Market by Country, 2024 - 2031, Million Units
TABLE 17 North America Online Market by Country, 2020 - 2023, USD Million
TABLE 18 North America Online Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Online Market by Country, 2020 - 2023, Million Units
TABLE 20 North America Online Market by Country, 2024 - 2031, Million Units
TABLE 21 North America Other Distribution Channel Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Other Distribution Channel Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Other Distribution Channel Market by Country, 2020 - 2023, Million Units
TABLE 24 North America Other Distribution Channel Market by Country, 2024 - 2031, Million Units
TABLE 25 North America Loafers Market by End Use, 2020 - 2023, USD Million
TABLE 26 North America Loafers Market by End Use, 2024 - 2031, USD Million
TABLE 27 North America Loafers Market by End Use, 2020 - 2023, Million Units
TABLE 28 North America Loafers Market by End Use, 2024 - 2031, Million Units
TABLE 29 North America Men Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Men Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Men Market by Country, 2020 - 2023, Million Units
TABLE 32 North America Men Market by Country, 2024 - 2031, Million Units
TABLE 33 North America Women Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Women Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Women Market by Country, 2020 - 2023, Million Units
TABLE 36 North America Women Market by Country, 2024 - 2031, Million Units
TABLE 37 North America Kids Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Kids Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Kids Market by Country, 2020 - 2023, Million Units
TABLE 40 North America Kids Market by Country, 2024 - 2031, Million Units
TABLE 41 North America Loafers Market by Product, 2020 - 2023, USD Million
TABLE 42 North America Loafers Market by Product, 2024 - 2031, USD Million
TABLE 43 North America Loafers Market by Product, 2020 - 2023, Million Units
TABLE 44 North America Loafers Market by Product, 2024 - 2031, Million Units
TABLE 45 North America Leather Market by Country, 2020 - 2023, USD Million
TABLE 46 North America Leather Market by Country, 2024 - 2031, USD Million
TABLE 47 North America Leather Market by Country, 2020 - 2023, Million Units
TABLE 48 North America Leather Market by Country, 2024 - 2031, Million Units
TABLE 49 North America Fabric/Suede Market by Country, 2020 - 2023, USD Million
TABLE 50 North America Fabric/Suede Market by Country, 2024 - 2031, USD Million
TABLE 51 North America Fabric/Suede Market by Country, 2020 - 2023, Million Units
TABLE 52 North America Fabric/Suede Market by Country, 2024 - 2031, Million Units
TABLE 53 North America Other Products Market by Country, 2020 - 2023, USD Million
TABLE 54 North America Other Products Market by Country, 2024 - 2031, USD Million
TABLE 55 North America Other Products Market by Country, 2020 - 2023, Million Units
TABLE 56 North America Other Products Market by Country, 2024 - 2031, Million Units
TABLE 57 North America Loafers Market by Country, 2020 - 2023, USD Million
TABLE 58 North America Loafers Market by Country, 2024 - 2031, USD Million
TABLE 59 North America Loafers Market by Country, 2020 - 2023, Million Units
TABLE 60 North America Loafers Market by Country, 2024 - 2031, Million Units
TABLE 61 US Loafers Market, 2020 - 2023, USD Million
TABLE 62 US Loafers Market, 2024 - 2031, USD Million
TABLE 63 US Loafers Market, 2020 - 2023, Million Units
TABLE 64 US Loafers Market, 2024 - 2031, Million Units
TABLE 65 US Loafers Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 66 US Loafers Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 67 US Loafers Market by Distribution Channel, 2020 - 2023, Million Units
TABLE 68 US Loafers Market by Distribution Channel, 2024 - 2031, Million Units
TABLE 69 US Loafers Market by End Use, 2020 - 2023, USD Million
TABLE 70 US Loafers Market by End Use, 2024 - 2031, USD Million
TABLE 71 US Loafers Market by End Use, 2020 - 2023, Million Units
TABLE 72 US Loafers Market by End Use, 2024 - 2031, Million Units
TABLE 73 US Loafers Market by Product, 2020 - 2023, USD Million
TABLE 74 US Loafers Market by Product, 2024 - 2031, USD Million
TABLE 75 US Loafers Market by Product, 2020 - 2023, Million Units
TABLE 76 US Loafers Market by Product, 2024 - 2031, Million Units
TABLE 77 Canada Loafers Market, 2020 - 2023, USD Million
TABLE 78 Canada Loafers Market, 2024 - 2031, USD Million
TABLE 79 Canada Loafers Market, 2020 - 2023, Million Units
TABLE 80 Canada Loafers Market, 2024 - 2031, Million Units
TABLE 81 Canada Loafers Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 82 Canada Loafers Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 83 Canada Loafers Market by Distribution Channel, 2020 - 2023, Million Units
TABLE 84 Canada Loafers Market by Distribution Channel, 2024 - 2031, Million Units
TABLE 85 Canada Loafers Market by End Use, 2020 - 2023, USD Million
TABLE 86 Canada Loafers Market by End Use, 2024 - 2031, USD Million
TABLE 87 Canada Loafers Market by End Use, 2020 - 2023, Million Units
TABLE 88 Canada Loafers Market by End Use, 2024 - 2031, Million Units
TABLE 89 Canada Loafers Market by Product, 2020 - 2023, USD Million
TABLE 90 Canada Loafers Market by Product, 2024 - 2031, USD Million
TABLE 91 Canada Loafers Market by Product, 2020 - 2023, Million Units
TABLE 92 Canada Loafers Market by Product, 2024 - 2031, Million Units
TABLE 93 Mexico Loafers Market, 2020 - 2023, USD Million
TABLE 94 Mexico Loafers Market, 2024 - 2031, USD Million
TABLE 95 Mexico Loafers Market, 2020 - 2023, Million Units
TABLE 96 Mexico Loafers Market, 2024 - 2031, Million Units
TABLE 97 Mexico Loafers Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 98 Mexico Loafers Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 99 Mexico Loafers Market by Distribution Channel, 2020 - 2023, Million Units
TABLE 100 Mexico Loafers Market by Distribution Channel, 2024 - 2031, Million Units
TABLE 101 Mexico Loafers Market by End Use, 2020 - 2023, USD Million
TABLE 102 Mexico Loafers Market by End Use, 2024 - 2031, USD Million
TABLE 103 Mexico Loafers Market by End Use, 2020 - 2023, Million Units
TABLE 104 Mexico Loafers Market by End Use, 2024 - 2031, Million Units
TABLE 105 Mexico Loafers Market by Product, 2020 - 2023, USD Million
TABLE 106 Mexico Loafers Market by Product, 2024 - 2031, USD Million
TABLE 107 Mexico Loafers Market by Product, 2020 - 2023, Million Units
TABLE 108 Mexico Loafers Market by Product, 2024 - 2031, Million Units
TABLE 109 Rest of North America Loafers Market, 2020 - 2023, USD Million
TABLE 110 Rest of North America Loafers Market, 2024 - 2031, USD Million
TABLE 111 Rest of North America Loafers Market, 2020 - 2023, Million Units
TABLE 112 Rest of North America Loafers Market, 2024 - 2031, Million Units
TABLE 113 Rest of North America Loafers Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 114 Rest of North America Loafers Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 115 Rest of North America Loafers Market by Distribution Channel, 2020 - 2023, Million Units
TABLE 116 Rest of North America Loafers Market by Distribution Channel, 2024 - 2031, Million Units
TABLE 117 Rest of North America Loafers Market by End Use, 2020 - 2023, USD Million
TABLE 118 Rest of North America Loafers Market by End Use, 2024 - 2031, USD Million
TABLE 119 Rest of North America Loafers Market by End Use, 2020 - 2023, Million Units
TABLE 120 Rest of North America Loafers Market by End Use, 2024 - 2031, Million Units
TABLE 121 Rest of North America Loafers Market by Product, 2020 - 2023, USD Million
TABLE 122 Rest of North America Loafers Market by Product, 2024 - 2031, USD Million
TABLE 123 Rest of North America Loafers Market by Product, 2020 - 2023, Million Units
TABLE 124 Rest of North America Loafers Market by Product, 2024 - 2031, Million Units
TABLE 125 Key Information - Guccio Gucci S.p.A.
TABLE 126 Key Information - Cole Haan (Apax Partners LLP)
TABLE 127 Key Information - Church & Co Ltd.
TABLE 128 Key Information - Salvatore Ferragamo S.p.A
TABLE 129 Key information - PUMA SE
TABLE 130 Key Information - Tommy Hilfiger licensing, LLC
TABLE 131 Key Information - Tod's S.p.A.
TABLE 132 Key Information - Bally
TABLE 133 Key Information - Allen Edmonds Corporation
TABLE 134 Key Information - Sebago

North America Loafers Market Size, Share & Trends Analysis Report By Distribution Channel, By End Use (Men, Women, and Kids), By Product (Leather, Fabric/Suede, and Other Products), By Country and Growth Forecast, 2024 - 2031