Luxury Shoes Market by Product (Casual Shoes, Formal Shoes), Materials (Cork, Leather, Synthetic fiber), Gender, Distribution Channel - Global Forecast 2024-2030

Luxury Shoes Market by Product (Casual Shoes, Formal Shoes), Materials (Cork, Leather, Synthetic fiber), Gender, Distribution Channel - Global Forecast 2024-2030


The Luxury Shoes Market size was estimated at USD 40.65 billion in 2023 and expected to reach USD 42.58 billion in 2024, at a CAGR 5.15% to reach USD 57.78 billion by 2030.

Luxurious shoes are considered to be of high quality and superior craftsmanship. These shoes often feature unique designs and are made from luxurious materials such as leather or suede, and are generally more expensive than other types of footwear. They may also come in limited editions or rare colors and are commonly used by celebrities and millennials desiring a high-end look. The surge in disposable income and changing lifestyle trends result in increased expenditure on luxurious products, including shoes. However, the availability of counterfeit products may adversely impact luxury shoe manufacturers. Moreover, the increasing availability of luxury shoes on online platforms and company websites, along with the introduction of sustainable luxury footwear, is expected to encourage the use of luxury footwear by millennials worldwide.

Regional Insights

The luxury shoe market is evolving in the Americas owing to the presence of a large millennial population spending on luxury products such as shoes. The inclination toward the latest trends and designs is accelerating the sales of luxury shoes in the Americas. The increasing penetration of international brands, celebrity endorsements, and social media influence is encouraging the growth of the luxury shoe market in the APAC region. High-end shoppers looking for quality craftsmanship and rising purchasing power influence the sales of luxurious products, including shoes. Additionally, the manufacturers are employing innovative marketing strategies and introducing high-quality and trending designs, which are expected to create immense potential for the growth of the luxury shoe market worldwide.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Luxury Shoes Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Luxury Shoes Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Luxury Shoes Market, highlighting leading vendors and their innovative profiles. These include a.testoni spa-Via Fratelli Rosselli, Adidas AG, Allen Edmonds Corporation, Base London Ltd, Burberry Group PLC, Chalhoub Group, Chanel Ltd., ECCO Sko A/S, Furla SpA, Giorgio Armani S.p.A., Golden Goose S.p.A., Guccio Gucci S.p.A., Hermès International S.A., Hi-Tec Sports International Holdings BV, Hush Puppies by Wolverine World Wide, Inc., Jimmy Choo S.r.l., John Lobb Limited, LONGCHAMP Group, Lotto Sport Italia S.P.A, Lottusse - Mallorca, Louis Vuitton Malletier SAS, Maison Margiela, Mulberry Company Limited, New Balance Athletics, Inc., Nike, Inc., Prada S.p.A, Puma SE, Red Diamond Holdings S.à r.l., Salvatore Ferragamo S.P.A., STUART WEITZMAN, Vans by VF Corporation, and Zintala srl.

Market Segmentation & Coverage

This research report categorizes the Luxury Shoes Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product

Casual Shoes
Chuck Taylor
Golf shoes
Hiking & Climbing Boots
Running shoes
Sneakers
Soccer shoes

Formal Shoes
Derby
Loafer
Oxford
Materials

Cork

Leather

Synthetic fiber

Velvet
Gender

Female

Male
Distribution Channel

Offline

Online
Region

Americas
Argentina
Brazil
Canada
Mexico
United States

California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas

Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam

Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Luxury Shoes Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Luxury Shoes Market?
3. What are the technology trends and regulatory frameworks in the Luxury Shoes Market?
4. What is the market share of the leading vendors in the Luxury Shoes Market?
5. Which modes and strategic moves are suitable for entering the Luxury Shoes Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Luxury Shoes Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising disposable income, changing lifestyle and expenditure on luxurious products
5.1.1.2. Demand for leather based luxury formal shoes
5.1.2. Restraints
5.1.2.1. Availability of counterfeit products
5.1.3. Opportunities
5.1.3.1. Introduction of luxury footwear on eCommerce platforms
5.1.3.2. Growing focus towards sustainable and eco-friendly luxury shoes
5.1.4. Challenges
5.1.4.1. Changing design trends in footwear industry
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Luxury Shoes Market, by Product
6.1. Introduction
6.2. Casual Shoes
6.3.1. Chuck Taylor
6.3.2. Golf shoes
6.3.3. Hiking & Climbing Boots
6.3.4. Running shoes
6.3.5. Sneakers
6.3.6. Soccer shoes
6.3. Formal Shoes
6.4.1. Derby
6.4.2. Loafer
6.4.3. Oxford
7. Luxury Shoes Market, by Materials
7.1. Introduction
7.2. Cork
7.3. Leather
7.4. Synthetic fiber
7.5. Velvet
8. Luxury Shoes Market, by Gender
8.1. Introduction
8.2. Female
8.3. Male
9. Luxury Shoes Market, by Distribution Channel
9.1. Introduction
9.2. Offline
9.3. Online
10. Americas Luxury Shoes Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Luxury Shoes Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Luxury Shoes Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
13.3.1. Agreement, Collaboration, & Partnership
13.3.1.1. Adolfo Domínguez Teams Up with Chalhoub to Open 16 stores in the Middle East over the Next Four Years
13.3.1.2. Reflaunt Enters Middle East Luxury Resale Market with Chalhoub Group Partnership
13.3.2. Investment & Funding
13.3.2.1. Former Nike Execs Invest in 3D Printed Shoe Startup Hilo in USD 3 Million Round
13.3.3. Award, Recognition, & Expansion
13.3.3.1. Inside Chalhoub Group’s Web3 Sneaker Brand Launch
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. a.testoni spa-Via Fratelli Rosselli
14.1.2. Adidas AG
14.1.3. Allen Edmonds Corporation
14.1.4. Base London Ltd
14.1.5. Burberry Group PLC
14.1.6. Chalhoub Group
14.1.7. Chanel Ltd.
14.1.8. ECCO Sko A/S
14.1.9. Furla SpA
14.1.10. Giorgio Armani S.p.A.
14.1.11. Golden Goose S.p.A.
14.1.12. Guccio Gucci S.p.A.
14.1.13. Hermès International S.A.
14.1.14. Hi-Tec Sports International Holdings BV
14.1.15. Hush Puppies by Wolverine World Wide, Inc.
14.1.16. Jimmy Choo S.r.l.
14.1.17. John Lobb Limited
14.1.18. LONGCHAMP Group
14.1.19. Lotto Sport Italia S.P.A
14.1.20. Lottusse - Mallorca
14.1.21. Louis Vuitton Malletier SAS
14.1.22. Maison Margiela
14.1.23. Mulberry Company Limited
14.1.24. New Balance Athletics, Inc.
14.1.25. Nike, Inc.
14.1.26. Prada S.p.A
14.1.27. Puma SE
14.1.28. Red Diamond Holdings S.à r.l.
14.1.29. Salvatore Ferragamo S.P.A.
14.1.30. STUART WEITZMAN
14.1.31. Vans by VF Corporation
14.1.32. Zintala srl
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
FIGURE 1. LUXURY SHOES MARKET RESEARCH PROCESS
FIGURE 2. LUXURY SHOES MARKET SIZE, 2023 VS 2030
FIGURE 3. LUXURY SHOES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. LUXURY SHOES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. LUXURY SHOES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. LUXURY SHOES MARKET DYNAMICS
FIGURE 7. LUXURY SHOES MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
FIGURE 8. LUXURY SHOES MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. LUXURY SHOES MARKET SIZE, BY MATERIALS, 2023 VS 2030 (%)
FIGURE 10. LUXURY SHOES MARKET SIZE, BY MATERIALS, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. LUXURY SHOES MARKET SIZE, BY GENDER, 2023 VS 2030 (%)
FIGURE 12. LUXURY SHOES MARKET SIZE, BY GENDER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. LUXURY SHOES MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2030 (%)
FIGURE 14. LUXURY SHOES MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS LUXURY SHOES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS LUXURY SHOES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES LUXURY SHOES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES LUXURY SHOES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC LUXURY SHOES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC LUXURY SHOES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA LUXURY SHOES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA LUXURY SHOES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. LUXURY SHOES MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. LUXURY SHOES MARKET SHARE, BY KEY PLAYER, 2023

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