Footwear - Global Strategic Business Report

The global market for Footwear was estimated at US$393.6 Billion in 2024 and is projected to reach US$440.1 Billion by 2030, growing at a CAGR of 1.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Footwear market.

Global Footwear Market - Key Trends & Drivers Summarized

The footwear industry is a dynamic and expansive market encompassing a wide range of products, including athletic shoes, casual footwear, formal shoes, and specialty footwear for specific activities and occupations. Footwear serves both functional and fashion purposes, providing comfort, protection, and style to consumers of all ages. The industry is characterized by constant innovation in design, materials, and manufacturing processes, driven by consumer preferences, fashion trends, and technological advancements. Sustainable practices and materials are increasingly becoming a focus, as environmental concerns influence both consumer choices and industry standards.

The market for footwear is influenced by several key trends and factors. The rise of athleisure and the increasing emphasis on health and fitness have significantly boosted the demand for athletic and casual footwear. Technological advancements in materials, such as lightweight and breathable fabrics, and features like advanced cushioning and support, have enhanced the performance and comfort of footwear. The growing popularity of e-commerce and digital marketing has also transformed how consumers purchase footwear, offering greater convenience and access to a wide variety of styles and brands. Additionally, the footwear industry is seeing a surge in demand for eco-friendly and sustainable products, driven by increasing consumer awareness and regulatory pressures.

The growth in the footwear market is driven by several factors. Firstly, the rising health and fitness consciousness among consumers is boosting the demand for athletic and performance footwear. Secondly, advancements in material science and manufacturing technologies are enabling the production of more comfortable, durable, and innovative footwear products. Thirdly, the expansion of e-commerce and digital marketing is enhancing market reach and consumer access to diverse footwear options. Lastly, the increasing focus on sustainability and eco-friendly practices is driving the development and adoption of sustainable footwear solutions. These factors collectively contribute to the robust growth and diversification of the footwear market.

SCOPE OF STUDY:

The report analyzes the Footwear market in terms of units by the following Segments, and Geographic Regions/Countries:

• Segments: Product Segment (Casual, Athletic, Outdoor/Rugged, Dress/Formal, Footwear Accessories); Distribution Channel (Retail, Online); End-Use (Men, Women, Children)
• Geographic Regions/Countries: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Casual segment, which is expected to reach US$208.9 Billion by 2030 with a CAGR of a 2.2%. The Athletic segment is also set to grow at 1.5% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $106.6 Billion in 2024, and China, forecasted to grow at an impressive 3.3% 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 2024 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 players such as Adidas AG, Aetrex Worldwide, Inc., AB Lindex, 361 Usa, Inc., Abercrombie & Fitch Co. and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 610 companies featured in this Footwear market report include:

• 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.

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.