Category: Footwear
Footwear market research reports by Euromonitor International
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Apparel and Footwear in Singapore
Apparel and Footwear in Singapore 2023 has seen life return to normal in Singapore, with consumers resuming all their pre-pandemic activities. The return to normalcy is set to help drive retail volume and current value sales of apparel and footwear in this year, with consumers supporting the growth ... Read More
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Footwear in Singapore
Footwear in Singapore Sports-inspired footwear is poised to maintain its dynamic rise in popularity and demand amongst consumers in Singapore in 2023. This growth can be attributed to three main trends, with the first being the prioritisation of comfort. Due to the extended periods of lockdown faced ... Read More
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Apparel and Footwear in Thailand
Apparel and Footwear in Thailand Apparel and footwear in Thailand continues on the path to recovery in 2023, albeit sales have not yet returned to pre-pandemic levels in current value terms. Even though the country continues to record COVID-19 cases, Thai consumers have learnt to live with the situa ... Read More
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Footwear in Australia
Footwear in Australia In the dynamic footwear landscape in Australia, a tale of resilience and adaptability is unfolding. Despite facing headwinds from economic slowdown and soaring inflation, footwear is set to sustain steady growth in both retail volume and current value terms in 2023, outperformi ... Read More
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Apparel and Footwear in the Czech Republic
Apparel and Footwear in the Czech Republic A recovery in consumer demand in 2022 enabled the fashion industry to rebound, although high inflation, geopolitical challenges and the energy crisis affected the cost of living and consumer behaviour in Q4. Although overall business results were less affec ... Read More
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Apparel and Footwear in Vietnam
Apparel and Footwear in Vietnam Vietnam's GDP is predicted to grow by approximately 4.5% by the end of 2023 according to the country’s General Statistical Office, which is less than the 6.5% predicted at the start of the year. Due to the impact of price inflation, consumers are adopting a more prude ... Read More
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Footwear in Vietnam
Footwear in Vietnam Sales of footwear plummeted in 2020 and 2021 in response to the pandemic as people spent significantly more time at home and as such had less incentive to invest in new footwear. Sales saw a healthy recovery in 2022 as COVID-19 restrictions were eased and consumers returned to wo ... Read More
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Apparel and Footwear in Denmark
Apparel and Footwear in Denmark Overall, apparel and footwear continued to witness positive current value growth in 2023, although as in the previous year much of this growth was driven by inflation and retail price increases. In the face of these higher prices and costs of living, Danish consumers ... Read More
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Footwear in Denmark
Footwear in Denmark Footwear is struggling to recover from the harsh impact of the COVID-19 pandemic, with retail volume and current values sales still below pre-pandemic levels in 2023. Although 2021 brought a renewed interest in footwear with consumers returning to lifestyles outside the home, the ... Read More
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Apparel and Footwear in Australia
Apparel and Footwear in Australia Apparel and footwear is navigating a complex landscape in Australia in 2023, marked by a series of challenges, most notably the cost-of-living crisis stemming from rising interest rates and increased energy bills. These factors have squeezed consumers’ discretionary ... Read More
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Footwear in Hong Kong, China
Footwear in Hong Kong, China Footwear is enjoying strong growth in 2023, with both retail value and volume sales rising by double digits following declines the previous year. On the other hand, sports footwear has been a more robust performer since 2021. Driven by the rising sports and fitness trend ... Read More
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Footwear in Canada
Footwear in Canada Footwear experienced robust growth in 2023, building on strong performances in 2022 and 2021, with all categories delivering value growth. Despite flat volume growth due to consumer pressures from high inflation rates for everyday necessities, such as groceries, and a focus on val ... Read More
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Footwear in the Czech Republic
Footwear in the Czech Republic Across footwear, sneakers (trainers) and children’s footwear are projected to see the steepest increases in unit prices over 2023, although the demand for sneakers continued to gain traction. Heeled shoes and boots have seen significant increases in prices in the count ... Read More
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Apparel and Footwear in Hong Kong, China
Apparel and Footwear in Hong Kong, China Apparel and footwear in Hong Kong is showing significant signs of recovery in 2023, with double-digit retail volume and current value growth. The local government gradually relaxed the city’s social restrictions from the second half of 2022 to early 2023. Sin ... Read More
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Apparel and Footwear in Canada
Apparel and Footwear in Canada In 2023, apparel and footwear sustained its growth trajectory, building on the momentum generated in the robust year of 2022. The first half of 2023 witnessed accelerated expansion as consumers actively engaged in refreshing and upgrading their wardrobes, marking a con ... Read More
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Footwear in South Korea
Footwear in South Korea In 2023, sports footwear continues to post healthy sales growth, as South Korea enters an endemic era where all social restrictions, including the mask mandate, have been fully lifted and consumers have returned to normal outdoor activities. As hiking and sports participation ... Read More
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Footwear in France
Footwear in France Footwear volume is managing to stay in very small positive growth in 2023, which is expected to pick up slightly in 2024, then slump again over the forecast period. Meanwhile, value is being better supported by inflationary pressures pushing up unit prices. This contrasts with muc ... Read More
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Apparel and Footwear in South Korea
Apparel and Footwear in South Korea Apparel and footwear is posting positive but slower current value and retail volume growth in 2023 compared to the previous year, as many consumers’ needs/wants for new apparel and footwear have been largely fulfilled following the lifting of social distancing mea ... Read More
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Apparel and Footwear in France
Apparel and Footwear in France Apparel and footwear in France is seeing an overall volume slump in 2023, while value is supported by inflation pushing up unit prices, thus giving an artificial perspective of positive performance. Whilst we did see a robust volume uptick in the mid-2021 to end-2022 p ... Read More
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Footwear in the United Arab Emirates
Footwear in the United Arab Emirates In terms of retail volume sales in the United Arab Emirates, men's footwear traditionally holds larger share compared to the women's segment, primarily due to demographics. However, women's footwear is experiencing faster growth in both retail volume and value te ... Read More
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Apparel and Footwear in the United Arab Emirates
Apparel and Footwear in the United Arab Emirates Apparel and footwear in the United Arab Emirates continues to record a strong performance in current value growth terms, building on the strong momentum it gained in 2022 when sales surged due to pent-up demand resulting from the pandemic. Amid global ... Read More
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Footwear in the US
Footwear in the US After experiencing a significant decline in 2020 due to the pandemic, sales of footwear rebounded notably in 2021, seeing a full recovery. This resurgence was driven by consumers eager to update their wardrobes and regain a sense of normalcy as pandemic-related restrictions were l ... Read More
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Apparel and Footwear in the US
Apparel and Footwear in the US Apparel and footwear in the US, which saw robust growth in 2021, encountered a noticeable deceleration in both current value and volume terms starting from 2022. This slowdown can primarily be attributed to the persistent inflation and ongoing economic uncertainty that ... Read More
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Apparel and Footwear in South Africa
Apparel and Footwear in South Africa For many South Africans, apparel and footwear is perceived as a non-essential purchase, with price-sensitive consumers reducing their discretionary spending in 2023 due to the impact of high inflation on food, fuel and even electricity. Consumers are struggling t ... Read More
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Apparel and Footwear in Chile
Apparel and Footwear in Chile Both retail value and volume growth of apparel and footwear in Chile continues to notably slow following 2021’s highs. During that year, strong growth was observed across most categories, supported by government aid, pension fund withdrawals, and the reopening of commer ... Read More
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