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Footwear - Global Strategic Business Report

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    Report

  • 1311 Pages
  • July 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338775
The global market for Footwear is estimated at US$385.1 Billion in 2023 and is projected to reach US$440.1 Billion by 2030, growing at a CAGR of 1.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Casual Footwear segment, which is expected to reach US$208.9 Billion by 2030 with a CAGR of 1.9%. The Athletic Footwear segment is also set to grow at 1.3% CAGR over the next 8 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $104.6 Billion in 2023, and China, forecasted to grow at an impressive 2.9% CAGR to reach $82.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Footwear Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Footwear Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Footwear Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Adidas AG, Aetrex Worldwide, Inc., AB Lindex, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 610 Featured):

  • Adidas AG
  • Aetrex Worldwide, Inc.
  • AB Lindex
  • 361 Usa, Inc.
  • Abercrombie & Fitch Co.
  • A&D Spitz Pty., Ltd.
  • ABA Calzaturificio
  • Abeba Spezialschuhausstatter GmbH
  • Abris Ltd.
  • Ace Exports Ltd.
  • Admiral Sportswear Ltd.
  • Aguila Enterprises Co., Ltd.
  • AIRWAIR Intl. Ltd. - Dr. Martens
  • Alberto Torresi
  • Aigle International S.A.

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Competitive Landscape
  • Footwear Market: Characterized by Intense Competition
  • Consumer Trends Intensify Competition Among Players
  • Athletic Footwear Segment
  • Nike: Going Strong
  • adidas: The Closest Competitor
  • Puma Remains in the Race
  • Casual Footwear Market
  • Outsourcing: Key Business Strategy for Leading Footwear Brands
  • Companies Eye Other Outsourcing Destinations beyond China
  • Pricing: Key Parameter in Competition
  • Cross Industry Forays Rife, Elevating Competition Levels
  • Footwear - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Global Market Prospects & Outlook
  • Key Market Trends, Drivers and Restraints
  • The Pandemic Causes Disruption in the Footwear Market Globally
  • Footwear Market in the Post-COVID World
  • While Developed Regions Remain Primary Revenue Contributors, Developing Regions Emerge as Fast Growing Markets
  • China Remains the Largest Production Base
  • Proximity Playing a Key Role for Setting-Up Manufacturing Operations
  • Specter of Far-Reaching Economic Implications of Russia-Ukraine War Hangs in Air
  • Skyrocketing Oil Prices: A Fallout of War & Sanctions
  • Deteriorating Outlook for Global Economy
  • Dent on Economic Growth & Inflationary Stampede
  • Brisk Business for Luxury Brands despite Russia-Ukraine War & Production Glitches in Ukraine
  • Socio-Economic & Demographic Trends Favor Growth
  • Urbanization: A Megatrend with Significant Implications for Footwear Market
  • World Urban Population in Thousands: 1950-2050
  • Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
  • Select Mega-Urban Regions Worldwide (2035*)
  • Growing Affluence of Expanding Middle Class Population
  • Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
  • Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, 2030
  • Rising Living Standards & Changing Lifestyle Trends
  • An Introduction to Footwear Market
  • Recent Market Activity
  • Innovations and Advancements
  • Select Global Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Scanning the Athletic Footwear Trends
  • COVID-19 Dents Sports Footwear Demand
  • Social Distancing, Restrictions on Tourism, and Decimated Consumer Confidence Bring Down the Sports Goods and Athletic Footwear Industry During the Peak of Pandemic
  • Demand for Athletic Shoes to Surge
  • Fitness Routine Changes of People as a Result of COVID-19 Outbreak
  • Fashion-Statements Override Brand Aspirations
  • Athletic Footwear: A Gift for All Occasions
  • Rising Demand for Sneakers
  • Riding High on Basketball
  • Running Shoes - Leader amongst the Athletic Footwear Category
  • Female Footwear - An Aggressive Growth Segment
  • Tennis Shoes Draw Attention
  • Trekking Shoes - Going on an Uphill Journey
  • Cross Trainers - Increasingly Designed for Outdoor Wear
  • Skating Shoes Market: An Insight
  • Short Lead Times Spell Success in a Dynamic Market
  • Efforts to Boost Demand
  • Competition from Designer Brands
  • Licensing Needs a Shot in the Arm
  • Growing Sophistication of Manufacturing Technologies
  • Online Sales Pick up Pace
  • Shifting Brand Loyalty - A Major Concern!
  • Non-Athletic Footwear: Noteworthy Trends
  • Eco-Friendly Footwear: Future Directions
  • Emergence of New Design Themes
  • Moving in Line with Changing Fashion Trends
  • Men's Shoes - Making a Style Statement
  • Changing Customer Preferences
  • Fashion and Comfort: Top on Women’s Shopping List
  • Fashionable Yet ComforTable Footwear to Drive Demand
  • The Economy Measured in Terms of Heel Height!
  • Multifunctional Shoes Gain Popularity
  • Innovations in Footwear Components
  • Affordable Luxury - Not just an Oxymoron in Footwear Space
  • Luxury Footwear Designers Gain Traction
  • Increasing Popularity of Private Labels
  • Outdoor Footwear Gets Diversified
  • Safety Shoes - A Review
  • Innovations in Footwear Industry
  • Technological Advancements in the Footwear Industry
  • Industry 4.0 in the Footwear Industry
  • Futuristic Innovative Trends
  • Innovative 3D Printing Technology Forays into Footwear Industry
  • Smart Shoes to Transform Footwear Industry
  • Major Sneakers Innovations in Shoe Industry
  • Select Shoe Innovations by Popular Brands
  • Research Initiative to Aid Shoe Industry Combat Coronavirus Crisis
  • Innovation in Outdoor Footwear Market
  • Consumer Insights
  • Consumerism in the 21st Century
  • Branding - What the Consumer Looks for
  • Female Footwear Market
  • The Replacement Issue
  • Teenagers - A Key Segment
  • Kids - The Retailers’ New Favorites
  • Baby Boomers - Changing Priorities
  • Retail Environment
  • Logistics
  • Retailers under Pressure
  • Small Shops - The Most Favored Targets
  • Shelf Presence
  • ‘Space Lifting’ Footwear Retailing
  • E- Commerce: Evolving as a Vibrant Medium
  • 'Proactive' Merchandising In-Store Garners Momentum
  • Point-of-Sale Data: Understanding the Needs of the Consumer
  • Huge Discounting
  • Co-Branding: Crucial for the Success of P-O-P Displays?
  • Manufacturers Evolving too
  • FOOTWEAR: PRODUCT DEFINITIONS & OVERVIEW
  • Athletic Footwear
  • Outdoor/Rugged Footwear
  • Casual Footwear
  • Dress/Formal Footwear
  • Footwear Accessories
  • Select Glossary of Footwear Terminology
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Footwear Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Footwear by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for Footwear by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 4: World 16-Year Perspective for Footwear by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Casual by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for Casual by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 7: World 16-Year Perspective for Casual by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Athletic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Athletic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 10: World 16-Year Perspective for Athletic by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Outdoor/Rugged by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for Outdoor/Rugged by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 13: World 16-Year Perspective for Outdoor/Rugged by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Dress/Formal by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for Dress/Formal by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 16: World 16-Year Perspective for Dress/Formal by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Footwear Accessories by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for Footwear Accessories by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 19: World 16-Year Perspective for Footwear Accessories by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Retail by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for Retail by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 22: World 16-Year Perspective for Retail by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Online by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for Online by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 25: World 16-Year Perspective for Online by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 26: World Recent Past, Current & Future Analysis for Men by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 27: World Historic Review for Men by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 28: World 16-Year Perspective for Men by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 29: World Recent Past, Current & Future Analysis for Women by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 30: World Historic Review for Women by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 31: World 16-Year Perspective for Women by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 32: World Recent Past, Current & Future Analysis for Children by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 33: World Historic Review for Children by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 34: World 16-Year Perspective for Children by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Footwear Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Market Overview
  • Athletic Footwear - A Major Revenue Contributor
  • Favorable Trends Driving Market
  • Women’s Footwear - A Promising Market
  • Retail Dynamics
  • Luxury Shoe Club - A Trading Platform
  • Consumer Insights
  • Competitive Landscape
CANADA
  • Market Overview
  • Demand for Athletic Shoes on the Up
JAPAN
  • Footwear Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Market Overview
  • Children’s Footwear Market Remains Buoyant
  • Comfort and Stylish Footwear: The Japanese Favorites
CHINA
  • Footwear Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Industry Overview
  • China: The Leading Producer of Footwear
  • Market Profile
  • Sport Footwear Market: A Brief Overview
  • Rising Disposable Income Driving Demand for Premium Footwear
  • Market Competition - Opportunities for Manufacturers to Focus on New Niches
  • Competitive Scenario in Sports Footwear
  • Economic Status of the Chinese Leather and Footwear Industry
  • Trade Regulations
EUROPE
  • Footwear Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • An Overview
  • Companies Focus on Safeguarding IPR
  • Western Europe Industry - Losing its Sheen
FRANCE
GERMANY
  • Market Primer
ITALY
  • Unrivalled Leader in Luxury Footwear
  • Revival of the Italian Footwear Market Uneven
  • Italian Footwear Yielding to Low Price Competition from Asia
  • Production Overview
  • Footwear Producing Regions in Italy
UNITED KINGDOM
  • Branded Footwear Market: A Snapshot
  • Polarization of the UK Footwear Industry amid the Pandemic
  • Changing Purchasing Patterns
  • Retailers Eye Foreign Shores
  • Green and Luxury Footwear Gain Traction
  • E-Shopping to Spearhead Market Growth
  • Retail Trade on the Down
SPAIN
  • Market Overview
RUSSIA
  • Market Overview
  • Russian Shoe Market Stumbles amid War & Strict Stance of Leading Footwear Brands
  • Footwear Market Experiences Exodus of Prominent Brands
  • While Athletic Brands Suspend Operations, Nike to Exit Russian Market
  • Luxury Footwear Gains Lost Ground
  • Open-Air Complexes: The Popular Destination for Shoe Hunters
  • Russian Consumers
REST OF EUROPE
  • Central and East European Countries: Garnering Growing Importance
  • Austria
  • Competitive Scenario
  • Production Overview
  • Trade Channels
  • Belgium
  • Denmark: A Strong Footwear Market
  • Czech Republic
  • Finland
  • Greece
  • International Retailers Take Charge
  • E-Shopping Gains Significance
  • Hungary
  • Norway
  • The Netherlands
  • Poland
  • Branded & Designer Labels Hold Sway
  • Portugal
  • Switzerland
  • Sweden
  • Turkey
ASIA-PACIFIC
  • Footwear Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Market Overview
AUSTRALIA
  • Market Overview
  • Australia’s Footwear Retail Market
  • Import/Export Scenario
INDIA
  • Market Overview
  • Footwear Market Heads for Healthy Gains
  • Impact of COVID-19 on Indian Footwear Businesses
  • Walking on Uncertain Ground
  • Being Prepared for the Future
  • Riding the Outsourcing Wave
  • Emerging as the Sourcing Hub for High-End Footwear
  • Future Development Driven by Technology Development
  • Industry Structure
  • Premium Footwear Here to Stay
  • Characterized by Diversity
  • Branded Merchandise: A Hot Cake
  • Customer Interest in Sports Shoe Surges
  • Indian Men Becoming More Discerning When it Comes to Footwear Purchases
  • Competition
  • Global Majors Flock the Indian Market
  • Lack of Organized Distribution Channels: Foray of Multinationals Rescue the Industry
  • Market’s Fragmentation Set to Continue
  • Footwear Export Scenario
SOUTH KOREA
  • Market Overview
REST OF ASIA-PACIFIC
  • Bangladesh: Leather Sector Complements the Footwear Sector
  • Hong Kong: A Key Re-Exporter of Footwear
  • Indonesia
  • Malaysia: A Brief Overview
  • The Philippines
  • Taiwan
  • Thailand
  • Vietnam
  • Pandemic Impact on Vietnamese Footwear Industry
  • Competitive Scenario
  • Poised to Emerge as Prominent Exporter
LATIN AMERICA
  • Footwear Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
  • Market Overview
ARGENTINA
  • Brief Market Overview
BRAZIL
  • Market Overview
  • Insight into Retail Trade
MEXICO
REST OF LATIN AMERICA
  • Chile: An Overview
MIDDLE EASTIRAN
ISRAEL
  • Brief Market Overview
SAUDI ARABIA
UNITED ARAB EMIRATES
  • UAE - A Major Footwear Importer
REST OF MIDDLE EAST
AFRICA
  • South Africa
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Adidas AG
  • Aetrex Worldwide, Inc.
  • AB Lindex
  • 361 Usa, Inc.
  • Abercrombie & Fitch Co.
  • A&D Spitz Pty., Ltd.
  • ABA Calzaturificio
  • Abeba Spezialschuhausstatter GmbH
  • Abris Ltd.
  • Ace Exports Ltd.
  • Admiral Sportswear Ltd.
  • Aguila Enterprises Co., Ltd.
  • AIRWAIR Intl. Ltd. - Dr. Martens
  • Alberto Torresi
  • Aigle International S.A.

Table Information