Global Footwear Market Size, Trends and Growth Opportunity, By Type (Athletic and Non-Athletic), By Material (Leather and Non-Leather), By End User (Men, Women and Children) By Distribution Channel (Hypermarket/Supermarket, Specialty Stores, Brand Outlets, Online Sales Channel and Others), By Region and Forecast Till 2027
Global Footwear Market
The global footwear market was valued at US$ 368.5 billion in 2021 and it is expected to reach at US$ 530.2 billion in 2027 at a CAGR of 5.5% during forecast period 2022-2027.
Footwear is wearing apparel for feet which is used for the purpose of protection of feet from ground textures, temperatures and from gravel roads. Footwear is made up of different materials like leather, plastic, rubber and fabric. The growing number of working people around the world and rise in sports activities escalating demand for fashionable, comfortable and convenient footwear.
Market Drivers
Increasing demand for convenient and hassle-free shopping boots the growth of this market. Various key players setting up new factories in across different region, also increasing demand for health and fitness is resulting in an increasing demand for athletic footwear. Moreover increase in consumer disposable income and rise in standard of living will surge the growth of this segment.
Market Restraint
Genuine product is a major concern and a threat in the brand-oriented footwear enterprise is one of the key factors hampering the growth of this market.
COVID-19 Impact on Footwear Market
With the outbreak of covid-19 several industries has adversely affected including footwear market globally, decline in consumer demand for athletic footwear was noted by brands like Nike ,Puma, Adidas and others as consumers reduced or delayed expenditure in response to the impact of pandemic.
Market Segmentation
The global footwear market segmented on the basis of type, material, end-user and distribution channel. On the basis of type it segmented into athletic and non-athletic. On the basis of material it segmented into leather and non-leather. On the basis of end-user it segmented into men, women and children. On the basis of distribution channel hypermarket/supermarket, specialty stores, brand outlets, online sales channel and others.
Regional Analysis
The global footwear market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. Asia- Pacific dominated the market in terms of market share due to high demand for comfortable and stylish footwear. Rising disposable income and high consumer purchasing power in Europe boost the demand for this segment.
Key Players
Various key players are listed in this report such as Nike, Inc., Adidas America, Inc., PUMA, Geox S.p.A., Timberland, Skechers USA, Inc., Ecco Sko A/S, Crocs Retail, Inc., Under Armour Inc., and Wolverine World Wide, Inc.
Market Taxonomy
By Type
- Athletic
- Non-Athletic
- Leather
- Non-Leather
- Men
- Women
- Children.
- Hypermarket/Supermarket
- Specialty Stores
- Brand Outlets
- Online Sales Channel
- Others
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- What are the Key Opportunities in Global Footwear Market?
- What will be the growth rate from 2022 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the role of key players in the value chain?
- What is the competitive Landscape in the industry?
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Footwear Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Footwear Market, By Type
- 5.1 Y-o-Y Growth Comparison, By Type
- 5.2 Global Footwear Market Share Analysis, By Type
- 5.3 Global Footwear Market Size and Forecast, By Type
- 5.3.1 Athletic
- 5.3.2 Non-Athletic
- 6 Global Footwear Market, By Material
- 6.1 Y-o-Y Growth Comparison, By Material
- 6.2 Global Footwear Market Share Analysis, By Material
- 6.3 Global Footwear Market Size and Forecast, By Material
- 6.3.1 Leather
- 6.3.2 Non-leather
- 7 Global Footwear Market, By End User
- 7.1 Y-o-Y Growth Comparison, By End User
- 7.2 Global Footwear Market Share Analysis, By End User
- 7.3 Global Footwear Market Share Analysis, By End User
- 7.3.1 Men
- 7.3.2 Women
- 7.3.3 Children
- 8 Global Footwear Market, By Distribution Channel
- 8.1 Y-o-Y Growth Comparison, By Distribution Channel
- 8.2 Global Footwear Market Share Analysis, By Distribution Channel
- 8.3 Global Footwear Valve Market Size and Forecast, By Distribution Channel
- 8.3.1 Hypermarket/Supermarket
- 8.3.2 Specialty Stores
- 8.3.3 Brand Outlets
- 8.3.4 Online Sales Channel
- 8.3.5 Others
- 9 Global Footwear Market, By Region
- 9.1 Global Footwear Market Share Analysis, By Region
- 9.2 Global Footwear Market Share Analysis, By Region
- 10 North America Footwear Analysis and Forecast (2022-2027)
- 10.1 Introduction
- 10.2 North Footwear Market Share Analysis, By Type
- 10.3 North Footwear Market Size and Forecast, By Material
- 10.4 North Footwear Market Size and Forecast, By End User
- 10.5 North Footwear Market Size and Forecast, By Distribution Channel
- 10.5 North Footwear Market Size and Forecast, By Country
- 10.5.1 U.S
- 10.5.1 Canada
- 10.5.3 Mexico
- 11 Europe Footwear Market Analysis and Forecast (2022-2027)
- 11.1 Introduction
- 11.2 Europe Footwear Market Share Analysis, By Type
- 11.3 Europe Footwear Market Size and Forecast, By Material
- 11.4 Europe Footwear Market Size and Forecast, By End User
- 11.5 Europe Footwear Market Size and Forecast, By Distribution Channel
- 11.6 Europe Footwear Market Size and Forecast, By Country
- 11.6.1 Germany
- 11.6.2 France
- 11.6.3 UK
- 11.6.4 Rest of Europe
- 12 Asia Pacific Footwear Market Analysis and Forecast (2022-2027)
- 12.1 Introduction
- 12.2 Asia Pacific Footwear Market Size and Forecast, By Type
- 12.3 Asia Pacific Footwear Market Size and Forecast, By Material
- 12.4 Asia Pacific Footwear Market Size and Forecast, By End User
- 12.5 Asia Pacific Footwear Market Size and Forecast, By Distribution Channel
- 12.6 Asia Pacific Footwear Market Size and Forecast, By Country
- 12.6.1 China
- 12.6.2 Japan
- 12.6.3 India
- 12.6.4. Rest of Asia Pacific
- 13 Latin America Footwear Market Analysis and Forecast (2022-2027)
- 13.1 Introduction
- 13.2 Latin America Footwear Market Size and Forecast, By Type
- 13.3 Latin America Footwear Market Size and Forecast, By Material
- 13.4 Latin America Footwear Market Size and Forecast, By End User
- 13.5 Latin America Footwear Market Size and Forecast, By Distribution Channel
- 13.6 Latin America Footwear Market Size and Forecast, Country
- 13.6.1 Brazil
- 13.6.2. Rest of Latin America
- 14 Middle East Footwear Market Analysis and Forecast (2022-2027)
- 14.1 Introduction
- 14.2 Middle East Footwear Market Share Analysis, By Type
- 14.3 Middle East Footwear Market Size and Forecast, By Material
- 14.4 Middle East Footwear Market Size and Forecast, By End User
- 14.5 Middle East Footwear Market Size and Forecast, By Distribution Channel
- 14.6 Middle East Footwear Market Size and Forecast, By Country
- 14.6.1. Saudi Arabia
- 14.6.2. UAE
- 14.6.3. Egypt
- 14.6.4. Kuwait
- 14.6.5. South Africa
- 15 Competitive Analysis
- 15.1 Competition Dashboard
- 15.2 Market share Analysis of Top Vendors
- 15.3 Key Development Strategies
- 16 Company Profiles
- 16.1. Nike Inc.
- 16.1.1 Overview
- 16.1.2 Offerings
- 16.1.3 Key Financials
- 16.1.4 Business Segment & Geographic Overview
- 16.1.5 Key Market Developments
- 16.1.6 Key Strategies
- 16.2. Adidas America, Inc.
- 16.2.1 Overview
- 16.2.2 Offerings
- 16.2.3 Key Financials
- 16.2.4 Business Segment & Geographic Overview
- 16.2.5 Key Market Developments
- 16.2.6 Key Strategies
- 16.3. PUMA
- 16.3.1 Overview
- 16.3.2 Offerings
- 16.3.3 Key Financials
- 16.3.4 Business Segment & Geographic Overview
- 16.3.5 Key Market Developments
- 16.3.6 Key Strategies
- 16.4. Geox S.p.A.
- 16.4.1 Overview
- 16.4.2 Offerings
- 16.4.3 Key Financials
- 16.4.4 Business Segment & Geographic Overview
- 16.4.5 Key Market Developments
- 16.4.6 Key Strategies
- 16.10.3 Key Financials
- 16.10.4 Business Segment & Geographic Overview
- 16.10.5 Key Market Developments
- 16.10.6 Key Strategies
- 16.5. Timberland
- 16.5.1 Overview
- 16.5.2 Offerings
- 16.5.3 Key Financials
- 16.5.4 Business Segment & Geographic Overview
- 16.5.5 Key Market Developments
- 16.5.6 Key Strategies
- 16.6. Skechers USA Inc.
- 16.6.1 Overview
- 16.6.2 Offerings
- 16.6.3 Key Financials
- 16.6.4 Business Segment & Geographic Overview
- 16.6.5 Key Market Developments
- 16.6.6 Key Strategies
- 16.7. Ecco Sko A/S
- 16.7.1 Overview
- 16.7.2 Offerings
- 16.7.3 Key Financials
- 16.7.4 Business Segment & Geographic Overview
- 16.7.5 Key Market Developments
- 16.7.6 Key Strategies
- 16.8. Crocs Retail, Inc.
- 16.8.1 Overview
- 16.8.2 Offerings
- 16.8.3 Key Financials
- 16.8.4 Business Segment & Geographic Overview
- 16.8.5 Key Market Developments
- 16.8.6 Key Strategies
- 16.9. Under Armour Inc.
- 16.9.1 Overview
- 16.9.2 Offerings
- 16.9.3 Key Financials
- 16.9.4 Business Segment & Geographic Overview
- 16.9.5 Key Market Developments
- 16.9.6 Key Strategies
- 16.10. Wolverine World Wide, Inc.
- 16.10.1 Overview
- 16.10.2 Offerings
- 16.10.3 Key Financials
- 16.10.4 Business Segment & Geographic Overview
- 16.10.5 Key Market Developments
- 16.10.6 Key Strategies
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