Luxury Footwear Market Report 2026

The luxury footwear market size has grown strongly in recent years. It will grow from $31.91 billion in 2025 to $34.17 billion in 2026 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to rising disposable income, increasing demand for premium fashion, expansion of luxury retail stores, growing brand awareness, influence of fashion magazines and media.

The luxury footwear market size is expected to see strong growth in the next few years. It will grow to $44.04 billion in 2030 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to rising e-commerce adoption, growing interest in sustainable materials, integration of smart technologies in footwear, increasing influencer marketing, expansion into emerging markets. Major trends in the forecast period include personalized luxury footwear design, adoption of premium and rare materials, limited edition and exclusive collections, celebrity and influencer collaborations, premium in-store experience.

The rapid expansion of the e-commerce industry is anticipated to drive the growth of the luxury footwear market in the coming years. E-commerce, or electronic commerce, refers to the buying and selling of goods and services over the internet. Online platforms allow luxury footwear retailers to display their products, engage with a broader audience, and provide a convenient and accessible shopping experience, thereby attracting more customers. For example, in May 2024, the Census Bureau, a U.S.-based government agency, reported that e-commerce sales rose by 8.5% in the first quarter of 2024 compared to the same period in 2023, accounting for 15.6% of total retail sales, which saw a year-over-year increase of 2.8%. Thus, the ongoing expansion of the e-commerce industry is significantly contributing to the growth of the luxury footwear market.

Prominent companies in the luxury footwear sector are embracing strategic partnership approaches to enrich their offerings by fostering exclusive collaborations with esteemed high-end designers or brands. Strategic partnerships entail companies leveraging each other's strengths and resources to attain mutual advantages and achieve collective success. For instance, in December 2023, Aditya Birla Fashion and Retail, an India-based fashion retail powerhouse, joined forces with Christian Louboutin S.A., a France-based footwear and accessories icon, renowned for its iconic red-soled shoes. This strategic collaboration involves the formation of a new subsidiary under ABFRL, with both partners holding an equal stake, exemplifying their joint commitment to influencing and enhancing India's luxury footwear market. The collaboration between ABFRL and Christian Louboutin aspires to deliver unmatched elegance and style to the discerning Indian consumer base, amalgamating the strengths of a leading Indian fashion conglomerate with the esteemed reputation of a global luxury footwear brand.

In July 2023, Kering SA, a company based in France, acquired Valentino for $1.87 billion. This acquisition is intended to enhance Kering's portfolio by integrating Valentino's expertise in luxury footwear. Valentino LLC is an Italy-based company known for manufacturing high-end footwear.

Major companies operating in the luxury footwear market are LVMH Moet Hennessy Louis Vuitton SE, Kering SA, Chanel Limited, Hermes International SA, Guccio Gucci SpA, Burberry Group plc, Prada SpA, Armani Group SpA, J Choo USA Inc, Stuart Weitzman LLC, Aldo Brue Inc, A Testoni and C SpA, Paraboot SAS, Tricker's Shoes Ltd, Furla SpA, Grenson Shoes Ltd, John Lobb Bootmaker Ltd, Longchamp SAS, Lottusse SA, Moreschi SpA, Mulberry Group plc, Scarosso Srl.

North America was the largest region in the luxury footwear market in 2025. Western Europe was the second largest region in the luxury footwear market share in 2025. The regions covered in the luxury footwear market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the luxury footwear market report are Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.

The luxury footwear market consists of sales of fashion boots, cowboy boots, hiking boots, sneakers and heels. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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