Footwear Market In APAC 2024-2028
The footwear market in apac is forecasted to grow by USD 45.8 bn during 2023-2028, accelerating at a CAGR of 7% during the forecast period. The report on the footwear market in apac provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for athletic footwear, social media advertising impacting market growth, and expanding fashion industry positively impacting growth.
Technavio's footwear market in apac is segmented as below:
- By Distribution Channel
- Offline
- Online
- By Geographical Landscape
- APAC
This study identifies the increased online product penetration as one of the prime reasons driving the footwear market in apac growth during the next few years. Also, increasing disposable income boosting footwear market in region and rising number of brand outlets will lead to sizable demand in the market.
The report on the footwear market in apac covers the following areas:
- Footwear Market in APAC sizing
- Footwear Market in APAC forecast
- Footwear Market in APAC industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading footwear market in apac vendors that include Adidas AG, Alpinestars USA Inc., ASICS Corp., Bata, Belle International Holdings Ltd., Daphne International Holdings Ltd., Geox S.p.A, Industria de Diseno Textil SA, LVMH Moet Hennessy Louis Vuitton SE, Nike Inc., Paragon Polymer Products Pvt. Ltd., PUMA SE, PVH Corp., Reliance Industries Ltd., Sara Suole Pvt. Ltd., VF Corp., VKC Pride, Wolverine World Wide Inc., and Woodland Worldwide. Also, the footwear market in apac analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.