Global E-commerce Footwear Market Size study, by Type (Leather Footwear, Athletic Footwear, Athleisure Footwear, Other Town Footwear) and Regional Forecasts 2022-2028

Global E-commerce Footwear Market Size study, by Type (Leather Footwear, Athletic Footwear, Athleisure Footwear, Other Town Footwear) and Regional Forecasts 2022-2028

Global E-commerce Footwear Market is valued approximately USD 99.1 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.8 % over the forecast period 2022-2028. Rising public awareness and excitement for the health advantages of fitness and sports activities is expected to fuel demand for footwear on e-commerce platforms throughout the predicted period. Furthermore, the thriving e-commerce industry is expected to drive market expansion. The rising level of consumer disposable income is also projected to be a driving factor in market growth. This can be linked to increased demand for footwear items on e-commerce platforms from developed nations such as the United Kingdom and the United States. Furthermore, the market's expansion is primarily attributed to the growing demand for comfortable and convenient footwear. Additionally, corporations are focusing on a few key characteristics to improve product sales, such as superior technological fabrications, product development, and unique designs. One of the primary reasons fueling the growth of the e-commerce footwear industry is the prevalence of digital payment systems. Customers may make safe and secure online payments with a large choice of goods offers, 24/7 customer care with technical assistance, different payment methods such as credit card, internet banking, cash on delivery (COD), and other payment service providers such as PayPal. Furthermore, the market is being propelled by rapid rise in spending on fashion accessories as a result of the growing impact of social media. The newest changes in client shopping behaviours, as well as a rising preference for purchasing designer and high-end shoes, are expected to drive development. The market is expanding due to increased demand for fashionable, comfortable, and fancy footwear. Furthermore, increased investments in the newest technology by market participants, along with an emphasis on an easy-to-shop experience on their platforms, are expected to improve industry sales. However, one significant downside of e-commerce is product quality uncertainty. If a customer receives a product that does not fulfil their expectations, it completely destroys their purchasing experience and looks to be one of the most significant downsides of e-commerce. This is a significant challenge to the market's expansion throughout the forecast period.

The key regions considered for the Global E-commerce Footwear Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe has risen to the top of the market. This increase is attributed to increased demand for footwear items from industrialized countries such as France, Germany, and the United Kingdom. Easy online purchases, more women working, and a growing middle-class population are the primary drivers expected to fuel the growth of the e-commerce footwear industry in this area. Asia Pacific gained a significant revenue share and is expected to expand at the quickest CAGR. Factors such as an increasing working-class population, the quick expansion of worldwide footwear chains, an increase in the number of low-middle-class people, and developing economies are expected to drive growth. A quick increase in online sales and strong internet penetration are expected to boost the regional industry further.sss

Major market player included in this report are:

Walmart, Inc.
Amazon, Inc.
JD.com
Alibaba
eBay.com
Flipkart
Shopify
Foot Locker
Zappos
Myntra
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Leather Footwear
Athletic Footwear
Athleisure Footwear
Other Town Footwear
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global E-commerce Footwear Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Walmart, Inc.
Amazon, Inc.
JD.com
Alibaba
eBay.com
Flipkart
Shopify
Foot Locker
Zappos
Myntra

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