Footwear Market - Global Industry Analysis

Footwear Market - by Product (Athletic and Non-Athletic), by Material (Rubber, Leather and Plastic), by End User (Men, Women and Kids), and by Distribution Channel (Online Channel, Supermarkets and Hypermarkets, Independent Retail Stores, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Published Date: 11-May-2018 Category: Consumer Goods Report Format : PDF Pages: 110 Report Code: ZMR-2857 Status : Published

Global Footwear Market, which was estimated at 270 (USD Billion) in 2019 and is predicted to accrue earnings worth 375 (USD Billion) by 2026, is set to record a CAGR of nearly 4.5% over 2020-2026.

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Description

The global Footwear Market, which was estimated at 270 (USD Billion) in 2019 and is predicted to accrue earnings worth 375 (USD Billion) by 2026, is set to record a CAGR of nearly 4.5% over 2020-2026. The report offers valuation and analysis of Footwear Market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on value (USD Billion).

Introduction

Footwear is produced of various materials including leather, fabric, plastic, and rubber. Moreover, leather is widely used footwear across the globe. Today, there is massive need of convenient footwear. Rise in the fashion trends among the youth has contributed immensely towards the growth of the footwear business across the growth in the recent years. With brands like PUMA, Lee Cooper, and Adidas making large impact across the eCommerce industry, the market for footwear is anticipated to gain traction over the forthcoming years. Hassle-free shopping activities have enhanced the online supply chain sector growth and this in turn will create lucrative growth avenues for the market over the estimated timespan. With growing trends of online selling and online retailing activities due to surge in online retail stores like Amazon, Flipkart, and eBay, the market for footwear is anticipated to gain traction over the ensuing years.

Market Growth Dynamics

Effective word of mouth communication, buzz building activities carried out the manufacturers, and opinion leadership hold a key to the sale of consumer goods across the globe. Footwear being one of the consumer goods is not exception to this. Apart from this, massive spending of the firms on promotional, branding, and marketing activities will culminate into huge growth avenues for the footwear market over the coming years. Additionally, changing fashion trends and altering color preferences will further add towards the global market revenue over the forecasting years.

Furthermore, a prominent rise in the sports activities like football, table tennis, tennis, hockey, basketball, hockey, and athletics as well as surge in the fan following has resulted in massive expansion of the footwear industry in the recent years. Apart from this, children and teenagers are involved in various sports & fitness activities and baby boomer population are involved in physical activities like jogging to remain fit & healthy. This, in turn, will propel the demand for the footwear in the coming years. In addition to this, rise in the health awareness among the senior citizens resulting in morning walks or visit to gardens for physical activities or visit to laughing clubs & jogging will further increase the product penetration globally over the ensuing years. With online purchase becoming a buzzword, the demand for footwear is projected to upsurge within the next couple of years.

Global Footwear Market

North America To Dominate Overall Market Growth Over 2020-2026

The growth of the industry in North America over the forecast timespan is due to rise in awareness among the inhabitants about health & fitness activities like Jogging and morning walk. Apart from this, reputed shoe manufacturers have their headquarters as well as production units in the states of the U.S and this will further proliferate the market scope in the sub-continent in the years ahead.

Key players favorably leveraging the market expansion include New Balance Inc., Puma SE, Adidas AG, Asics Corporation, Nike Inc., and Bata Ltd.

The global footwear market is segmented as follows:

By Product

Athletic Footwear
- Running and Cross Training Shoes
- Soccer/Football Shoes
- Hiking Shoes
- Others
Non-Athletic Footwear
- Casual Footwear
- Military Boots
- Others

By Material

Rubber
Leather
Plastic
Others

By End-User

Men
Women
Kids

By Distribution Channel

Online Sales
Supermarkets and Hypermarkets
Independent Retail Stores
Others

By Region

North America
- The U.S.
- Canada
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa

Table Of Content

Chapter 1. Introduction
- 1.1. Report description and scope
- 1.2. Research scope
- 1.3. Research methodology
  - 1.3.1. Market research process
  - 1.3.2. Market research methodology
Chapter 2. Executive Summary
- 2.1. Global footwear market, 2015 - 2023 (USD Billion)
- 2.2. Global footwear market: Snapshot
Chapter 3. Footwear Market - Market Dynamics
- 3.1. Introduction
- 3.2. Market drivers
  - 3.2.1. Global footwear market drivers: Impact analysis
  - 3.2.2. Increasing in demand for sportswear
- 3.3. Market Restraints
  - 3.3.1. Global footwear market restraints: Impact analysis
  - 3.3.2. Increase in counterfeit products
- 3.4. Opportunities
  - 3.4.1. Rising demand for innovative products
- 3.5. Porter’s five forces analysis
  - 3.5.1. Bargaining power of suppliers
  - 3.5.2. Bargaining power of buyers
  - 3.5.3. Threat from new entrants
  - 3.5.4. Threat from new substitutes
  - 3.5.5. Degree of competition
- 3.6. Market attractiveness analysis
  - 3.6.1. Market attractiveness analysis, by product segment
  - 3.6.2. Market attractiveness analysis, by material segment
  - 3.6.3. Market attractiveness analysis, by end user segment
  - 3.6.4. Market attractiveness analysis, by distribution channel segment
  - 3.6.5. Market attractiveness analysis, by regional segment
Chapter 4. Global Footwear Market - Competitive Landscape
- 4.1. Company market share analysis
  - 4.1.1. Global footwear market: company market share, 2017
- 4.2. Strategic development
  - 4.2.1. Acquisitions & mergers
  - 4.2.2. New product launch
  - 4.2.3. Agreements, partnerships, collaborations and joint ventures
  - 4.2.4. Research and development and regional expansion
- 4.3. Price trend analysis
Chapter 5. Global Footwear Market - Product Segment Analysis
- 5.1. Global footwear market: Product overview
  - 5.1.1. Global footwear market revenue share, by product, 2017 and 2023
- 5.2. Athletic footwear
  - 5.2.1. Global footwear market for athletic footwear, 2015 - 2023 (USD Billion)
    - 5.2.1.1. Running and cross training shoes
      - 5.2.1.1.1. Global running and cross training shoes market, 2015 - 2023 (USD Billion)
    - 5.2.1.2. Soccer/football shoes
      - 5.2.1.2.1. Global soccer/football shoes market, 2015 - 2023 (USD Billion)
    - 5.2.1.3. Hiking shoes
      - 5.2.1.3.1. Global hiking shoes market, 2015 - 2023 (USD Billion)
    - 5.2.1.4. Others
      - 5.2.1.4.1. Global other athletic footwear market, 2015 - 2023 (USD Billion)
- 5.3. Non-athletic footwear
  - 5.3.1. Global footwear market for non-athletic footwear 2015 - 2023 (USD Billion)
    - 5.3.1.1. Casual footwear
      - 5.3.1.1.1. Global casual footwear market, 2015 - 2023 (USD Billion)
    - 5.3.1.2. Military boots
      - 5.3.1.2.1. Global military boots market, 2015 - 2023 (USD Billion)
    - 5.3.1.3. Others
      - 5.3.1.3.1. Global other non athletic footwear market, 2015 - 2023 (USD Billion)
Chapter 6. Global Footwear Market - Material Segment Analysis
- 6.1. Global footwear market: Material overview
  - 6.1.1. Global footwear market revenue share, by material, 2017 and 2023
- 6.2. Rubber
  - 6.2.1. Global footwear market by rubber, 2015 - 2023 (USD Billion)
- 6.3. Leather
  - 6.3.1. Global footwear market by leather, 2015 - 2023 (USD Billion)
- 6.4. Plastic
  - 6.4.1. Global footwear market by plastic, 2015 - 2023 (USD Billion)
- 6.5. Others
  - 6.5.1. Global footwear market by other materials, 2015 - 2023 (USD Billion)
Chapter 7. Global Footwear Market - End User Segment Analysis
- 7.1. Global footwear market: End user overview
  - 7.1.1. Global footwear market revenue share, by end user, 2017 and 2023
- 7.2. Men
  - 7.2.1. Global footwear market for men, 2015 - 2023 (USD Billion)
- 7.3. Women
  - 7.3.1. Global footwear market for women, 2015 - 2023 (USD Billion)
- 7.4. Kids
  - 7.4.1. Global footwear market for kids, 2015 - 2023 (USD Billion)
Chapter 8. Global Footwear Market- Distribution Channel Segment Analysis
- 8.1. Global footwear market: Distribution channel overview
  - 8.1.1. Global footwear market revenue share, by distribution channel, 2017 and 2023
- 8.2. Online Sales
  - 8.2.1. Global footwear market by online sales, 2015 - 2023 (USD Billion)
- 8.3. Supermarkets and Hypermarkets
  - 8.3.1. Global footwear market by supermarkets and hypermarkets, 2015 - 2023 (USD Billion)
- 8.4. Independent Retail Stores
  - 8.4.1. Global footwear market by independent retail stores, 2015 - 2023 (USD Billion)
- 8.5. Others
  - 8.5.1. Global footwear market by other distribution channels, 2015 - 2023 (USD Billion)
Chapter 9. Global Footwear Market- Regional Segment Analysis
- 9.1. Global footwear market: Regional overview
  - 9.1.1. Global footwear market revenue share, by region, 2017 and 2023
- 9.2. North America
  - 9.2.1. North America footwear market, 2015 - 2023 (USD Billion)
  - 9.2.2. North America footwear market revenue, by product, 2015 - 2023 (USD Billion)
  - 9.2.3. North America footwear market revenue, by material, 2015 - 2023 (USD Billion)
  - 9.2.4. North America footwear market revenue, by end user, 2015 - 2023 (USD Billion)
  - 9.2.5. North America footwear market revenue, by distribution channel, 2015 - 2023 (USD Billion)
  - 9.2.6. U.S.
    - 9.2.6.1. U.S. footwear market revenue, by product, 2015 - 2023 (USD Billion)
    - 9.2.6.2. U.S. footwear market revenue, by material, 2015 - 2023 (USD Billion)
    - 9.2.6.3. U.S. footwear market revenue, by end user, 2015 - 2023 (USD Billion)
    - 9.2.6.4. U.S. footwear market revenue, by distribution channel, 2015 - 2023 (USD Billion)
  - 9.2.7. Rest of North America
    - 9.2.7.1. Rest of North America footwear market revenue, by product, 2015 - 2023 (USD Billion)
    - 9.2.7.2. Rest of North America footwear market revenue, by material, 2015 - 2023 (USD Billion)
    - 9.2.7.3. Rest of North America footwear market revenue, by end user, 2015 - 2023 (USD Billion)
    - 9.2.7.4. Rest of North America footwear market revenue, by distribution channel, 2015 - 2023 (USD Billion)
- 9.3. Europe
  - 9.3.1. Europe footwear market, 2015 - 2023 (USD Billion)
  - 9.3.2. Europe footwear market revenue, by product, 2015 - 2023 (USD Billion)
  - 9.3.3. Europe footwear market revenue, by material, 2015 - 2023 (USD Billion)
  - 9.3.4. Europe footwear market revenue, by end user, 2015 - 2023 (USD Billion)
  - 9.3.5. Europe footwear market revenue, by distribution channel, 2015 - 2023 (USD Billion)
  - 9.3.6. UK
    - 9.3.6.1. UK footwear market revenue, by product, 2015 - 2023 (USD Billion)
    - 9.3.6.2. UK footwear market revenue, by material, 2015 - 2023 (USD Billion)
    - 9.3.6.3. UK footwear market revenue, by end user, 2015 - 2023 (USD Billion)
    - 9.3.6.4. UK footwear market revenue, by distribution channel, 2015 - 2023 (USD Billion)
  - 9.3.7. Germany
    - 9.3.7.1. Germany footwear market revenue, by product, 2015 - 2023 (USD Billion)
    - 9.3.7.2. Germany footwear market revenue, by material, 2015 - 2023 (USD Billion)
    - 9.3.7.3. Germany footwear market revenue, by end user, 2015 - 2023 (USD Billion)
    - 9.3.7.4. Germany footwear market revenue, by distribution channel, 2015 - 2023 (USD Billion)
  - 9.3.8. France
    - 9.3.8.1. France footwear market revenue, by product, 2015 - 2023 (USD Billion)
    - 9.3.8.2. France footwear market revenue, by material, 2015 - 2023 (USD Billion)
    - 9.3.8.3. France footwear market revenue, by end user, 2015 - 2023 (USD Billion)
    - 9.3.8.4. France footwear market revenue, by distribution channel, 2015 - 2023 (USD Billion)
  - 9.3.9. Rest of Europe
    - 9.3.9.1. Rest of Europe footwear market revenue, by product, 2015 - 2023 (USD Billion)
    - 9.3.9.2. Rest of Europe footwear market revenue, by material, 2015 - 2023 (USD Billion)
    - 9.3.9.3. Rest of Europe footwear market revenue, by end user, 2015 - 2023 (USD Billion)
    - 9.3.9.4. Rest of Europe footwear market revenue, by distribution channel, 2015 - 2023 (USD Billion)
- 9.4. Asia Pacific
  - 9.4.1. Asia Pacific footwear market, 2015 - 2023 (USD Billion)
  - 9.4.2. Asia Pacific footwear market revenue, by product, 2015 - 2023 (USD Billion)
  - 9.4.3. Asia Pacific footwear market revenue, by material, 2015 - 2023 (USD Billion)
  - 9.4.4. Asia Pacific footwear market revenue, by end user, 2015 - 2023 (USD Billion)
  - 9.4.5. Asia Pacific footwear market revenue, by distribution channel, 2015 - 2023 (USD Billion)
  - 9.4.6. China
    - 9.4.6.1. China footwear market revenue, by product, 2015 - 2023 (USD Billion)
    - 9.4.6.2. China footwear market revenue, by material, 2015 - 2023 (USD Billion)
    - 9.4.6.3. China footwear market revenue, by end user, 2015 - 2023 (USD Billion)
    - 9.4.6.4. China footwear market revenue, by distribution channel, 2015 - 2023 (USD Billion)
  - 9.4.7. Japan
    - 9.4.7.1. Japan footwear market revenue, by product, 2015 - 2023 (USD Billion)
    - 9.4.7.2. Japan footwear market revenue, by material, 2015 - 2023 (USD Billion)
    - 9.4.7.3. Japan footwear market revenue, by end user, 2015 - 2023 (USD Billion)
    - 9.4.7.4. Japan footwear market revenue, by distribution channel, 2015 - 2023 (USD Billion)
  - 9.4.8. India
    - 9.4.8.1. India footwear market revenue, by product, 2015 - 2023 (USD Billion)
    - 9.4.8.2. India footwear market revenue, by material, 2015 - 2023 (USD Billion)
    - 9.4.8.3. India footwear market revenue, by end user, 2015 - 2023 (USD Billion)
    - 9.4.8.4. India footwear market revenue, by distribution channel, 2015 - 2023 (USD Billion)
  - 9.4.9. Rest of Asia Pacific
    - 9.4.9.1. Rest of Asia Pacific footwear market revenue, by product, 2015 - 2023 (USD Billion)
    - 9.4.9.2. Rest of Asia Pacific footwear market revenue, by material, 2015 - 2023 (USD Billion)
    - 9.4.9.3. Rest of Asia Pacific footwear market revenue, by end user, 2015 - 2023 (USD Billion)
    - 9.4.9.4. Rest of Asia Pacific footwear market revenue, by distribution channel, 2015 - 2023 (USD Billion)
- 9.5. Latin America
  - 9.5.1. Latin America footwear market, 2015 - 2023 (USD Billion)
  - 9.5.2. Latin America footwear market revenue, by product, 2015 - 2023 (USD Billion)
  - 9.5.3. Latin America footwear market revenue, by material, 2015 - 2023 (USD Billion)
  - 9.5.4. Latin America footwear market revenue, by end user, 2015 - 2023 (USD Billion)
  - 9.5.5. Latin America footwear market revenue, by distribution channel, 2015 - 2023 (USD Billion)
  - 9.5.6. Brazil
    - 9.5.6.1. Brazil footwear market revenue, by product, 2015 - 2023 (USD Billion)
    - 9.5.6.2. Brazil footwear market revenue, by material, 2015 - 2023 (USD Billion)
    - 9.5.6.3. Brazil footwear market revenue, by end user, 2015 - 2023 (USD Billion)
    - 9.5.6.4. Brazil footwear market revenue, by distribution channel, 2015 - 2023 (USD Billion)
  - 9.5.7. Rest of Latin America
    - 9.5.7.1. Rest of Latin America footwear market revenue, by product, 2015 - 2023 (USD Billion)
    - 9.5.7.2. Rest of Latin America footwear market revenue, by material, 2015 - 2023 (USD Billion)
    - 9.5.7.3. Rest of Latin America footwear market revenue, by end user, 2015 - 2023 (USD Billion)
    - 9.5.7.4. Rest of Latin America footwear market revenue, by distribution channel, 2015 - 2023 (USD Billion)
- 9.6. Middle East and Africa
  - 9.6.1. Middle East and Africa footwear market, 2015 - 2023 (USD Billion)
  - 9.6.2. Middle East and Africa footwear market revenue, by product, 2015 - 2023 (USD Billion)
  - 9.6.3. Middle East and Africa footwear market revenue, by material, 2015 - 2023 (USD Billion)
  - 9.6.4. Middle East and Africa footwear market revenue, by end user, 2015 - 2023 (USD Billion)
  - 9.6.5. Middle East and Africa footwear market revenue, by distribution channel, 2015 - 2023 (USD Billion)
Chapter 10. Company Profile
- 10.1. Adidas AG
  - 10.1.1. Overview
  - 10.1.2. Financials
  - 10.1.3. Product Portfolio
  - 10.1.4. Business Strategy
  - 10.1.5. Recent Developments
- 10.2. Nike Inc.
  - 10.2.1. Overview
  - 10.2.2. Financials
  - 10.2.3. Product Portfolio
  - 10.2.4. Business Strategy
  - 10.2.5. Recent Developments
- 10.3. New Balance Inc.
  - 10.3.1. Overview
  - 10.3.2. Financials
  - 10.3.3. Product Portfolio
  - 10.3.4. Business Strategy
  - 10.3.5. Recent Developments
- 10.4. Puma SE
  - 10.4.1. Overview
  - 10.4.2. Financials
  - 10.4.3. Product Portfolio
  - 10.4.4. Business Strategy
  - 10.4.5. Recent Developments
- 10.5. Asics Corp.
  - 10.5.1. Overview
  - 10.5.2. Financials
  - 10.5.3. Product Portfolio
  - 10.5.4. Business Strategy
  - 10.5.5. Recent Developments
- 10.6. Bata Ltd.
  - 10.6.1. Overview
  - 10.6.2. Financials
  - 10.6.3. Product Portfolio
  - 10.6.4. Business Strategy
  - 10.6.5. Recent Developments
- 10.7. Skechers USA Inc.
  - 10.7.1. Overview
  - 10.7.2. Financials
  - 10.7.3. Product Portfolio
  - 10.7.4. Business Strategy
  - 10.7.5. Recent Developments
- 10.8. Deichmann SE
  - 10.8.1. Overview
  - 10.8.2. Financials
  - 10.8.3. Product Portfolio
  - 10.8.4. Business Strategy
  - 10.8.5. Recent Developments
- 10.9. Jack Wolfskin
  - 10.9.1. Overview
  - 10.9.2. Financials
  - 10.9.3. Product Portfolio
  - 10.9.4. Business Strategy
  - 10.9.5. Recent Developments
- 10.10. Columbia Sportwear Company
  - 10.10.1. Overview
  - 10.10.2. Financials
  - 10.10.3. Product Portfolio
  - 10.10.4. Business Strategy
  - 10.10.5. Recent Developments

Table Of Figures

List of Figures

1. Market research process
2. Market research methodology
3. Global footwear market revenue, 2015 – 2023 (USD Billion)
4. Porter’s five forces analysis
5. Footwear market attractiveness analysis, by product segment
6. Footwear market attractiveness analysis, by material segment
7. Footwear market attractiveness analysis, by end user segment
8. Footwear market attractiveness analysis, by distribution channel segment
9. Footwear market: market attractiveness analysis, by regional segment
10. Company market share analysis, 2017
11. Global footwear market revenue share by product, 2017 and 2023
12. Global footwear market for athletic footwear, 2015 – 2023 (USD Billion)
13. Global footwear market for non-athletic footwear, 2015 – 2023 (USD Billion)
14. Global footwear market revenue share by material, 2017 and 2023
15. Global footwear market by rubber, 2015 – 2023 (USD Billion)
16. Global footwear market by leather, 2015 – 2023 (USD Billion)
17. Global footwear market by plastic, 2015 – 2023 (USD Billion)
18. Global footwear market by other materials, 2015 – 2023 (USD Billion)
19. Global footwear market revenue share by end user, 2017 and 2023
20. Global footwear market for men, 2015 – 2023 (USD Billion)
21. Global footwear market for women, 2015 – 2023 (USD Billion)
22. Global footwear market for kids, 2015 – 2023 (USD Billion)
23. Global footwear market revenue share by distribution channel, 2017 and 2023
24. Global footwear market for online channel, 2015 – 2023 (USD Billion)
25. Global footwear market for supermarkets and hypermarkets, 2015 – 2023 (USD Billion)
26. Global footwear market for independent retail stores, 2015 – 2023 (USD Billion)
27. Global footwear market for other distribution channels, 2015 – 2023 (USD Billion)
28. North America footwear market, 2015-2023 (USD Billion)
29. Europe footwear market, 2015-2023 (USD Billion)
30. Asia Pacific footwear market, 2015-2023 (USD Billion)
31. Latin America footwear market 2015-2023 (USD Billion)
32. The Middle East and Africa market, 2015-2023(USD Billion)

Table Of Tables

List of Tables

1. Global footwear market: Market Snapshot
2. Drivers of global footwear market: Impact analysis
3. Restraints of global footwear market: Impact analysis
4. North America footwear market revenue, by product, 2015 – 2023 (USD Billion)
5. North America footwear market revenue, by material, 2015 – 2023 (USD Billion)
6. North America footwear market revenue, by end user, 2015 – 2023 (USD Billion)
7. North America footwear market revenue, by distribution channel, 2015 – 2023 (USD Billion)
8. U.S. footwear market revenue, by product, 2015 – 2023 (USD Billion)
9. U.S. footwear market revenue, by material, 2015 – 2023 (USD Billion)
10. U.S. footwear market revenue, by end user, 2015 – 2023 (USD Billion)
11. U.S. footwear market revenue, by distribution channel, 2015 – 2023 (USD Billion)
12. Rest of North America footwear market revenue, by product, 2015 – 2023 (USD Billion)
13. Rest of North America footwear market revenue, by material, 2015 – 2023 (USD Billion)
14. Rest of North America footwear market revenue, by end user, 2015 – 2023 (USD Billion)
15. Rest of North America footwear market revenue, by distribution channel, 2015 – 2023 (USD Billion)
16. Europe footwear market revenue, by product, 2015 – 2023 (USD Billion)
17. Europe footwear market revenue, by material, 2015 – 2023 (USD Billion)
18. Europe footwear market revenue, by end user, 2015 – 2023 (USD Billion)
19. Europe footwear market revenue, by distribution channel, 2015 – 2023 (USD Billion)
20. UK footwear market revenue, by product, 2015 – 2023 (USD Billion)
21. UK footwear market revenue, by material, 2015 – 2023 (USD Billion)
22. UK footwear market revenue, by end user, 2015 – 2023 (USD Billion)
23. UK footwear market revenue, by distribution channel, 2015 – 2023 (USD Billion)
24. Germany footwear market revenue, by product, 2015 – 2023 (USD Billion)
25. Germany footwear market revenue, by material, 2015 – 2023 (USD Billion)
26. Germany footwear market revenue, by end user, 2015 – 2023 (USD Billion)
27. Germany footwear market revenue, by distribution channel, 2015 – 2023 (USD Billion)
28. France footwear market revenue, by product, 2015 – 2023 (USD Billion)
29. France footwear market revenue, by material, 2015 – 2023 (USD Billion)
30. France footwear market revenue, by end user, 2015 – 2023 (USD Billion)
31. France footwear market revenue, by distribution channel, 2015 – 2023 (USD Billion)
32. Rest of Europe footwear market revenue, by product, 2015 – 2023 (USD Billion)
33. Rest of Europe footwear market revenue, by material, 2015 – 2023 (USD Billion)
34. Rest of Europe footwear market revenue, by end user, 2015 – 2023 (USD Billion)
35. Rest of Europe footwear market revenue, by distribution channel, 2015 – 2023 (USD Billion)
36. Asia Pacific footwear market revenue, by product, 2015 – 2023 (USD Billion)
37. Asia Pacific footwear market revenue, by material, 2015 – 2023 (USD Billion)
38. Asia Pacific footwear market revenue, by end user, 2015 – 2023 (USD Billion)
39. Asia Pacific footwear market revenue, by distribution channel, 2015 – 2023 (USD Billion)
40. China footwear market revenue, by product, 2015 – 2023 (USD Billion)
41. China footwear market revenue, by material, 2015 – 2023 (USD Billion)
42. China footwear market revenue, by end user, 2015 – 2023 (USD Billion)
43. China footwear market revenue, by distribution channel, 2015 – 2023 (USD Billion)
44. Japan footwear market revenue, by product, 2015 – 2023 (USD Billion)
45. Japan footwear market revenue, by material, 2015 – 2023 (USD Billion)
46. Japan footwear market revenue, by end user, 2015 – 2023 (USD Billion)
47. Japan footwear market revenue, by distribution channel, 2015 – 2023 (USD Billion)
48. India footwear market revenue, by product, 2015 – 2023 (USD Billion)
49. India footwear market revenue, by material, 2015 – 2023 (USD Billion)
50. India footwear market revenue, by end user, 2015 – 2023 (USD Billion)
51. India footwear market revenue, by distribution channel, 2015 – 2023 (USD Billion)
52. Rest of Asia Pacific footwear market revenue, by product, 2015 – 2023 (USD Billion)
53. Rest of Asia Pacific footwear market revenue, by material, 2015 – 2023 (USD Billion)
54. Rest of Asia Pacific footwear market revenue, by end user, 2015 – 2023 (USD Billion)
55. Rest of Asia Pacific footwear market revenue, by distribution channel, 2015 – 2023 (USD Billion)
56. Latin America footwear market revenue, by product, 2015 – 2023 (USD Billion)
57. Latin America footwear market revenue, by material, 2015 – 2023 (USD Billion)
58. Latin America footwear market revenue, by end user, 2015 – 2023 (USD Billion)
59. Latin America footwear market revenue, by distribution channel, 2015 – 2023 (USD Billion)
60. Brazil footwear market revenue, by product, 2015 – 2023 (USD Billion)
61. Brazil footwear market revenue, by material, 2015 – 2023 (USD Billion)
62. Brazil footwear market revenue, by end user, 2015 – 2023 (USD Billion)
63. Brazil footwear market revenue, by distribution channel, 2015 – 2023 (USD Billion)
64. Rest of Latin America footwear market revenue, by product, 2015 – 2023 (USD Billion)
65. Rest of Latin America footwear market revenue, by material, 2015 – 2023 (USD Billion)
66. Rest of Latin America footwear market revenue, by end user, 2015 – 2023 (USD Billion)
67. Rest of Latin America footwear market revenue, by distribution channel, 2015 – 2023 (USD Billion)
68. Middle East and Africa footwear market revenue, by product, 2015 – 2023 (USD Billion)
69. Middle East and Africa footwear market revenue, by material, 2015 – 2023 (USD Billion)
70. Middle East and Africa footwear market revenue, by end user, 2015 – 2023 (USD Billion)
71. The Middle East and Africa footwear market revenue, by distribution channel, 2015 – 2023 (USD Billion)

Methodology

Free Analysis

Footwear refers to garments which are worn on the feet, which serves the purpose of protection. Human beings require protection for themselves from cold, dampness, dust, heat and roughness of ground while standing, walking or running. The history of the use of footwear by humankind can be traced back to the ice age about 5 million years ago. Earlier the left and right shoes were similar in shape i.e. they were straight in shape. The different right and left shoes were invented by a bootmaker, William Young from Philadelphia in 1800.

Footwear is increasingly becoming an essential fashion accessory. The increasing demand for trendy and comfortable footwear among all age groups is the main factor responsible for the growth of the global footwear market. There is an increase in participation of people in sports activities, which also drives the market growth. The changing lifestyle and increasing awareness about health concerns have driven the demand for athletic shoes among non-sportspeople as well. This led to the increase in demand for footwear globally. Increasing variety of products, rising population, and increase in disposable income are some of the other drivers that contribute to the growth of the footwear market. However, availability of counterfeit products which are developed by local manufacturers is expected to slightly restrain the growth of the global footwear market.

The product segment is bifurcated into athletic footwear and non-athletic footwear. Athletic footwear segment includes running and cross training shoes, soccer/football shoes, hiking shoes, and others. The non-athletic footwear segment is sub-segmented into casual footwear, military boots, and others. The non-athletic footwear is expected to dominate the market. In 2016, non-athletic segment accounted for approximately 51% of the total revenue of the market. Due to changing lifestyles, there is an increase in demand for athletic footwear among the non-sports people also.

On the basis of material, the footwear market is divided into rubber, leather, plastic, and others. Rubber is the most used material in every type of footwear. Therefore, rubber is expected to be the dominating material segment of the global footwear market within the forecast period.

Global Footwear Market

Based on the end user, the market is segmented into men, women, and kids. Women’s footwear is expected to remain a dynamic category with the presence of several brands, a huge increase in points of sale, and significant budgets for marketing and advertising campaigns.

The footwear market based on distribution channel is divided into online sales, supermarkets and hypermarkets, independent retail stores and others. Online sales, supermarkets and hypermarkets and independent retail stores accounted for a large share of the global footwear market as consumers prefer to make purchases through these channels.

North America is projected to continue its supremacy, in the global footwear market, which will be followed by the Asia Pacific, in the forthcoming years. The increasing technological advancements have created a fashion buzz in North America, this drives the growth of the footwear market in this region.

Some of the key players in the global footwear market are Adidas AG, Nike Inc., New Balance Inc., Puma SE, Asics Corp., Bata Ltd., Skechers USA Inc., Deichmann SE, Jack Wolfskin, Columbia Sportwear Company. Some international brands are merging sportswear with fashion wear due to increasing demand for athletic footwear.

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FrequentlyAsked Questions

What are the key factors driving Footwear Market expansion?

What will be the value of Footwear Market over 2020- 2026?

According to Zion market research report, The global Footwear Market, which was estimated at 270 (USD Billion) in 2019 and is predicted to accrue earnings worth 375 (USD Billion) by 2026, is set to record a CAGR of nearly 4.5% over 2020-2026.

Which region will make notable contributions towards global Footwear Market revenue?

North America is likely to make noteworthy contributions towards overall market revenue. The regional market growth over 2020-2026 can be credited to rise in awareness among the inhabitants about health & fitness activities like Jogging and morning walk. Apart from this, reputed shoe manufacturers have their headquarters as well as production units in the states of the U.S and this will further proliferate the market scope in the sub-continent in the years ahead.