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Footwear - Market Analysis, Trends, and Forecasts

  • ID: 338775
  • Report
  • March 2020
  • Region: Global
  • 813 Pages
  • Global Industry Analysts, Inc
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The Footwear market worldwide is projected to grow by US$75.9 Billion, driven by a compounded growth of 3%. Casual, one of the segments analyzed and sized in this study, displays the potential to grow at over 3.6%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$194.9 Billion by the year 2025, Casual will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 2.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$2.4 Billion to the region's size and clout in the next 5 to 6 years. Over US$4.8 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, Casual will reach a market size of US$8.1 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 4.6% over the next couple of years and add approximately US$13.2 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others:
  • adidas AG
  • Reebok International
  • ANTA Sports Products Ltd.
  • ASICS Corp.
  • Bata
  • Bata India Ltd.
  • Caleres
  • Deckers Brands
  • ECCO Sko A/S
  • Geox s.p.a
  • Gucci Group NV
  • Kenneth Cole Productions, Inc.
  • LaCrosse Footwear, Inc.
  • Nike Inc.
  • Nine West
  • Power Athletics Ltd.
  • Puma SE
  • RG Barry Corp.
  • Timberland LLC
  • Vans, Inc.
  • Weyco Group Inc.
  • Wolverine World Wide, Inc.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
An Introduction to Footwear Market
Footwear: Current Market Scenario and Outlook
While Developed Regions Remain Primary Revenue Contributors, Developing Regions Emerge as Fast Growing Markets
EXHIBIT 1: World Footwear Market by Region (2019 & 2025): Percentage Breakdown of Revenues for Developed and Developing Regions
EXHIBIT 2: Global Footwear Market - Geographic Regions Ranked by % CAGR (Revenues) for 2018-2025: China, Asia-Pacific, Latin America, Middle East, Africa, USA, Europe, Canada, and Japan
China Remains the Largest Production Base
EXHIBIT 3: Footwear Production by Country (2020E): Percentage Breakdown by Volume for China, India, Vietnam, Indonesia and Rest of World
Proximity Playing a Key Role for Setting-Up Manufacturing Operations
Socio-Economic & Demographic Trends Favor Growth
Stable Economy
EXHIBIT 4: Global Economic Outlook: Real GDP Growth Rates in % by Country/Region for the Years 2018 through 2021
Urbanization: A Megatrend with Significant Implications for Footwear Market
EXHIBIT 5: World Urban Population in Thousands: 1950-2050
EXHIBIT 6: 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
EXHIBIT 7: Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
EXHIBIT 8: Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, 2030
Rising Living Standards & Changing Lifestyle Trends
Competitive Landscape
Footwear Market: Characterized by Intense Competition
Consumer Trends Intensify Competition Among Players
EXHIBIT 9: Leading Shoe Brands Worldwide (2020E): Percentage Share Breakdown for Nike, adidas, New Balance, Under Armour, PUMA, Skechers, and Others
Athletic Footwear Segment
Nike: Going Strong
adidas: The Closest Competitor
Puma Remains in the Race
EXHIBIT 10: World Sports Shoes Market (2020E): Percentage Breakdown of Value Sales by Company
Casual Footwear Market
Outsourcing: Key Business Strategy for Leading Footwear Brands
Companies Eye Other Outsourcing Destinations beyond China
EXHIBIT 11: Nike’s Footwear Sourcing Mix by Distribution Channel: 2020E
EXHIBIT 12: Nike’s Footwear Sourcing Mix by Country: 2020E
EXHIBIT 13: adidas Footwear Sourcing by Country: 2020E
Pricing: Key Parameter in Competition
Cross Industry Forays Rife, Elevating Competition Levels
Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
Scanning the Athletic Footwear Trends
Demand for Athletic Shoes Surges
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
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
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
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

III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Overview
Athletic Footwear - A Major Revenue Contributor
EXHIBIT 14: US Athletic Footwear Market (2020E): Percentage Share Breakdown of Unit Sales by Age Group
Favorable Trends Driving Market
Women’s Footwear - A Promising Market
Retail Dynamics
EXHIBIT 15: US Footwear Market (2020E): Breakdown of Average Annual Per Capita Spends on Footwear by Region (In US$)
Luxury Shoe Club - A Trading Platform
Consumer Insights
Competitive Landscape
EXHIBIT 16: Athletic (Product Segment) Competitor Revenue Share (in %) in the US: 2020
Market Analytics
CANADA
Market Overview
Demand for Athletic Shoes on the Up
Market Analytics
JAPAN
Market Overview
Children’s Footwear Market Remains Buoyant
Comfort and Stylish Footwear: The Japanese Favorites
Market Analytics
CHINA
Industry Overview
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
EXHIBIT 17: Leading Sports Footwear Companies in China (2020E)
EXHIBIT 18: Chinese Sports Footwear Market (2020E): Percentage Breakdown of Sales by Category
Economic Status of the Chinese Leather and Footwear Industry
Trade Regulations
Market Analytics
EUROPE
An Overview
Companies Focus on Safeguarding IPR
Western Europe Industry - Losing its Sheen
Market Analytics
FRANCE
GERMANY
Market Primer
A Key Re-Exporter
Market Analytics
ITALY
Unrivalled Leader in Luxury Footwear
Italian Footwear Yielding to Low Price Competition from Asia
Production Overview
Footwear Producing Regions in Italy
Footwear Exports Struggle to Maintain Volume Growth
Market Analytics
UNITED KINGDOM
Branded Footwear Market: A Snapshot
EXHIBIT 19: UK Footwear Market (2020E): Percentage Breakdown of Value Sales by Leading Company
Changing Purchasing Patterns
Retailers Eye Foreign Shores
Green and Luxury Footwear Gain Traction
E-Shopping to Spearhead Market Growth
Retail Trade on the Down
Market Analytics
SPAIN
Market Overview
EXHIBIT 20: Spanish Footwear Market (2020E): Percentage Breakdown of Value Sales by Leading Company
Market Analytics
RUSSIA
Overview
Luxury Footwear Gains Lost Ground
Open-Air Complexes: The Popular Destination for Shoe Hunters
Russian Consumers
Market Analytics
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
Market Analytics
ASIA-PACIFIC
Market Overview
Market Analytics
AUSTRALIA
Market Overview
Australia’s Footwear Retail Market
Import/Export Scenario
Market Analytics
INDIA
Market Overview
Footwear Market Heads for Healthy Gains
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
EXHIBIT 21: Indian Footwear Market (2020E): Percentage Breakdown of Sales by Type
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
EXHIBIT 22: Indian Footwear Market (2020E): Percentage Breakdown of Sales by Sector
Market’s Fragmentation Set to Continue
Footwear Export Scenario
Market Analytics
SOUTH KOREA
Market Overview
Market Analytics
REST OF ASIA-PACIFIC
Hong Kong: A Key Re-Exporter of Footwear
Indonesia
Malaysia: A Brief Overview
The Philippines
Sri Lanka: Footwear and Leather Exports Post Exponential Value Growth
Taiwan
Thailand
Vietnam
Competitive Scenario
Poised to Emerge as Prominent Exporter
WTO Membership - A Boon to the Vietnamese Footwear Industry
Market Analytics
LATIN AMERICA
Market Overview
Market Analytics
ARGENTINA
Brief Market Overview
Market Analytics
BRAZIL
Market Overview
Insight into Retail Trade
Brazilian Footwear Companies Eye UK Market
Market Analytics
MEXICO
REST OF LATIN AMERICA
Chile: An Overview
Market Analytics
MIDDLE EAST
IRAN
ISRAEL
Brief Market Overview
Market Analytics
SAUDI ARABIA
UNITED ARAB EMIRATES
UAE - A Major Footwear Importer
Market Analytics
REST OF MIDDLE EAST
AFRICA
South Africa
Market Analytics

IV. COMPETITION
Total Companies Profiled : 440 (including Divisions/Subsidiaries - 470)
Note: Product cover images may vary from those shown
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