Global Footwear Market Growth 2025-2031

Global Footwear Market Growth 2025-2031

The global Footwear market size is predicted to grow from US$ 291740 million in 2025 to US$ 338120 million in 2031; it is expected to grow at a CAGR of 2.5% from 2025 to 2031.

Footwear refers to garments worn on the feet, which originally serves to purpose of protection against adversities of the environment, usually regarding ground textures and temperature. Footwear in the manner of shoes therefore primarily serves the purpose to ease the locomotion and prevent injuries. Secondly footwear can also be used for fashion and adornment as well as to indicate the status or rank of the person within a social structure. Socks and other hosiery are typically worn additionally between the feet and other footwear for further comfort and relief.

APAC is the largest consumption place, with a consumption market share nearly 52%. Europe is the second largest consumption place with the consumption market share of 21%.

Market competition is intense. Nike, Adidas, Skechers, New Balance, Asics, Belle, Kering Group are the leaders of the industry. Top three manufacturers held 8% market share.

LP Information, Inc. (LPI) ' newest research report, the “Footwear Industry Forecast” looks at past sales and reviews total world Footwear sales in 2024, providing a comprehensive analysis by region and market sector of projected Footwear sales for 2025 through 2031. With Footwear sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Footwear industry.

This Insight Report provides a comprehensive analysis of the global Footwear landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Footwear portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Footwear market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Footwear and breaks down the forecast by Type, by End User, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Footwear.

This report presents a comprehensive overview, market shares, and growth opportunities of Footwear market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Leather Footwear
Non leather Footwear

Segmentation by End User:
Women’s Footwear
Men’s Footwear
Kid’s Footwear

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Nike
Adidas
Skechers
New Balance
Asics
Belle
Kering Group
Puma
Authentic Brands Group
Clarks
Wolverine Worldwide
VF Corp
ECCO
Anta
Crocs Inc
Under Armour
Geox
LI-NING
Salvatore Ferragamo
Daphne
Xtep
Mizuno
C.banner
Red Dragonfly
361
BasicNet
Peak

Key Questions Addressed in this Report

What is the 10-year outlook for the global Footwear market?

What factors are driving Footwear market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Footwear market opportunities vary by end market size?

How does Footwear break out by Type, by End User?

Please note: The report will take approximately 2 business days to prepare and deliver.