Luxury Footwear Market - Global Industry Analysis

Luxury Footwear Market - By Distribution Channel (Offline and Online), By Product (Formal Shoes and Casual Shoes), By End-User (Men, Women, and Children), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2028

Published Date: 19-Jul-2021 Category: Consumer Goods Report Format : PDF Pages: 130 Report Code: ZMR-6496 Status : Published

32.1 (USD Billion) in 2020 and is predicted to gain revenue of about 57.3 (USD Billion) by 2028, is set to record a CAGR of nearly 5.7% over the period from 2021 to 2028.

Description

The global Luxury Footwear market accrued earnings worth approximately 32.1 (USD Billion) in 2020 and is predicted to gain revenue of about 57.3 (USD Billion) by 2028, is set to record a CAGR of nearly 5.7% over the period from 2021 to 2028. The report offers assessment and analysis of the Luxury Footwear market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).

Report Scope :

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Luxury Footwear Market: Overview

Luxury footwear is a luxury consumer good and is referred as footwear item related to affluent populace. Moreover, these items are purchased by end-users to exhibit their status along with enhancing self-worth. In addition to this, need for improving quality & craftsmanship of item will increase popularity of luxury footwear across the globe. Apparently, beneficial product features such as high quality, enhanced aesthetic value, durability, and low costs will increase product penetration.

Luxury Footwear Market: Growth Dynamics

Escalating demand for luxury footwear among millennials owing to its favorable features will drive luxury footwear market trends. Growing trend among customers towards use of foreign brands like Prada, Louis Vuitton, Chanel, Burberry, and Gucci will steer business growth. Apart from this, surge in per capita income of individuals in urban areas will further spur business landscape over assessment period. Large popularity of luxury footwear among women will translate into massive luxury footwear market growth in near future. Furthermore, a prominent surge in footwear product business is projected to boost luxury footwear industry expansion over projected timeline.

Moreover, shifting preference from traditional footwear to luxury footwear will provide new growth avenues for luxury footwear market during projected timeline. Apart from this, changing buying behavior of tourists and huge preference for personalized luxury items in developed economies will steer luxury footwear market size over 2021-2028. Nonetheless, entry of imitated products in business will prove to be hurdles in growth of luxury footwear market.

Global Luxury Footwear Market

Regional Landscape

North America To Make Notable Contributions Towards Market Value By 2028

The growth of luxury footwear market in North America during forecast timespan is due to presence of population having high per capita income. In addition to this, large-scale presence of reputed product manufacturers in sub-continent will steer expansion of luxury footwear market over predicted timeline.

Competitive Landscape

Key players profiled in report and impacting business landscape include Salvatore Ferragamo, Prada S.p.A., LVMH, Dr. Martens, Chanel S.A., Silvano Lattanzi, Adidas AG, John Lobb Bootmaker, Lottusse-Mallorca, and A.Testoni.    

The global Luxury Footwear Market is segmented as follows:

By End-User

  • Men
  • Women
  • Children

By Distribution Channel

  • Offline
  • Online

By Product

  • Formal Shoes
  • Casual Shoes

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. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Type
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Luxury Footwear Market, 2018–2028(USD Billion)
    • 2.2. Luxury Footwear Market: Snapshot
  • Chapter 3. Global Luxury Footwear Market– End-User Analysis
    • 3.1. Luxury Footwear Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Escalating popularity of luxury footwear among urban population due to its favorable features will embellish luxury footwear market size.
      • 3.2.2. Growing trend among customers towards use of multinational brands such as Prada, Louis Vuitton, Chanel, Burberry, and Gucci will steer business sphere.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By End-User
      • 3.4.2. Market attractiveness analysis By Distribution Channel
      • 3.4.3. Market attractiveness analysis By Product
  • Chapter 4. Global Luxury Footwear Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Luxury Footwear Market: company market share, 2019
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New product launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Luxury Footwear Market– End-User Analysis
    • 5.1. Global Luxury Footwear Market overview: By End-User
      • 5.1.1. Global Luxury Footwear Market share, By End-User , 2020 and 2028
    • 5.2. Men
      • 5.2.1. Global Luxury Footwear Market by Men, 2018–2028(USD Billion)
    • 5.3. Women
      • 5.3.1. Global Luxury Footwear Market by Women, 2018–2028(USD Billion)
    • 5.4. Children
      • 5.4.1. Global Luxury Footwear Market by Children, 2018–2028(USD Billion)
  • Chapter 6. Global Luxury Footwear Market– Distribution Channel Analysis
    • 6.1. Global Luxury Footwear Market overview: By Distribution Channel
      • 6.1.1. Global Luxury Footwear Market share, By Distribution Channel , 2020 and 2028
    • 6.2. Offline
      • 6.2.1. Global Luxury Footwear Market by Offline, 2018–2028(USD Billion)
    • 6.3. Online
      • 6.3.1. Global Luxury Footwear Market by Online, 2018–2028(USD Billion)
  • Chapter 7. Global Luxury Footwear Market– Product Analysis
    • 7.1. Global Luxury Footwear Market overview: By Product
      • 7.1.1. Global Luxury Footwear Market share, By Product, 2020 and 2028
    • 7.2. Formal Shoes
      • 7.2.1. Global Luxury Footwear Market by Formal Shoes, 2018–2028(USD Billion)
    • 7.3. Casual Shoes
      • 7.3.1. Global Luxury Footwear Market by Casual Shoes, 2018–2028(USD Billion)
  • Chapter 8. Company Profiles
    • 8.1. Salvatore Ferragamo
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product Portfolio
      • 8.1.4. Business Strategy
      • 8.1.5. Recent Developments
    • 8.2. Prada S.p.A.
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product Portfolio
      • 8.2.4. Business Strategy
      • 8.2.5. Recent Developments
    • 8.3. LVMH
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product Portfolio
      • 8.3.4. Business Strategy
      • 8.3.5. Recent Development
    • 8.4. Dr. Martens
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product Portfolio
      • 8.4.4. Business Strategy
      • 8.4.5. Recent Development
    • 8.5. Chanel S.A.
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product Portfolio
      • 8.5.4. Business Strategy
      • 8.5.5. Recent Development
    • 8.6. Silvano Lattanzi
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product Portfolio
      • 8.6.4. Business Strategy
      • 8.6.5. Recent Development
    • 8.7. Adidas AG
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product Portfolio
      • 8.7.4. Business Strategy
      • 8.7.5. Recent Development
    • 8.8. John Lobb Bootmaker
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product Portfolio
      • 8.8.4. Business Strategy
      • 8.8.5. Recent Development
    • 8.9. Lottusse-Mallorca
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product Portfolio
      • 8.9.4. Business Strategy
      • 8.9.5. Recent Development
    • 8.10. A.Testoni
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product Portfolio
      • 8.10.4. Business Strategy
      • 8.10.5. Recent Development

List of Figures

1. Market research Type
2. Market research methodology
3. Global Luxury Footwear Market, 2018–2028(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Luxury Footwear Marketattractiveness, By End-User
6. Global Luxury Footwear Marketattractiveness, By Distribution Channel 
7. Global Luxury Footwear Marketattractiveness, By Product
8. Global Luxury Footwear Marketshare by End-User ,2020 and 2028 (USD Billion)
9. Global Luxury Footwear Marketby Men, 2018–2028(USD Billion)
10. Global Luxury Footwear Marketby Women, 2018–2028(USD Billion)
11. Global Luxury Footwear Marketby Children, 2018–2028(USD Billion)
12. Global Luxury Footwear Marketshare by Distribution Channel  ,2020 and 2028 (USD Billion)
13. Global Luxury Footwear Marketby Offline, 2018–2028(USD Billion)
14. Global Luxury Footwear Marketby Online, 2018–2028(USD Billion)
15. Global Luxury Footwear Marketshare by Product ,2020 and 2028 (USD Billion)
16. Global Luxury Footwear Marketby Formal Shoes, 2018–2028(USD Billion)
17. Global Luxury Footwear Marketby Casual Shoes, 2018–2028(USD Billion)
18. Global Luxury Footwear Marketshare, by Region, 2020 and 2028
19. North America Luxury Footwear Market, 2018–2028(USD Billion)
20. Europe Luxury Footwear Market, 2018–2028(USD Billion)
21. Asia Pacific Luxury Footwear Market, 2018–2028(USD Billion)
22. Latin America Luxury Footwear Market, 2018–2028(USD Billion)
23. The Middle East and Africa Luxury Footwear Market, 2018–2028(USD Billion)


List of Tables

1. Global Luxury Footwear Market: snapshot
2. Drivers of the Luxury Footwear Market: impact analysis
3. North America Luxury Footwear Market revenue, By End-User  ,2018–2028(USD Billion)
4. North America Luxury Footwear Market revenue, By Distribution Channel   ,2018–2028(USD Billion)
5. North America Luxury Footwear Market revenue, By Product  ,2018–2028(USD Billion)
6. The U.S. Luxury Footwear Market revenue, By End-User  ,2018–2028(USD Billion)
7. The U.S. Luxury Footwear Market revenue, By Distribution Channel   ,2018–2028(USD Billion)
8. The U.S. Luxury Footwear Market revenue, By Product  ,2018–2028(USD Billion)
9. Rest of North America Luxury Footwear Market revenue, By End-User  ,2018–2028(USD Billion)
10. Rest of North America Luxury Footwear Market revenue, By Distribution Channel   ,2018–2028(USD Billion)
11. Rest of North America Luxury Footwear Market revenue, By Product  ,2018–2028(USD Billion)
12. Europe Luxury Footwear Market revenue, By End-User  ,2018–2028(USD Billion)
13. Europe Luxury Footwear Market revenue, By Distribution Channel   ,2018–2028(USD Billion)
14. Europe Luxury Footwear Market revenue, By Product  ,2018–2028(USD Billion)
15. UK Luxury Footwear Market revenue, By End-User  ,2018–2028(USD Billion)
16. UK Luxury Footwear Market revenue, By Distribution Channel   ,2018–2028(USD Billion)
17. UK Luxury Footwear Market revenue, By Product  ,2018–2028(USD Billion)
18. France Luxury Footwear Market revenue, By End-User  ,2018–2028(USD Billion)
19. France Luxury Footwear Market revenue, By Distribution Channel   ,2018–2028(USD Billion)
20. France Luxury Footwear Market revenue, By Product  ,2018–2028(USD Billion)
21. Germany Luxury Footwear Market revenue, By End-User  ,2018–2028(USD Billion)
22. Germany Luxury Footwear Market revenue, By Distribution Channel   ,2018–2028(USD Billion)
23. Germany Luxury Footwear Market revenue, By Product  ,2018–2028(USD Billion)
24. Rest of Europe Luxury Footwear Market revenue, By End-User  ,2018–2028(USD Billion)
25. Rest of Europe Luxury Footwear Market revenue, By Distribution Channel   ,2018–2028(USD Billion)
26. Rest of Europe Luxury Footwear Market revenue, By Product  ,2018–2028(USD Billion)
27. Asia Pacific Luxury Footwear Market revenue, By End-User  ,2018–2028(USD Billion)
28. Asia Pacific Luxury Footwear Market revenue, By Distribution Channel   ,2018–2028(USD Billion)
29. Asia Pacific Luxury Footwear Market revenue, By Product  ,2018–2028(USD Billion)
30. China Luxury Footwear Market revenue, By End-User  ,2018–2028(USD Billion)
31. China Luxury Footwear Market revenue, By Distribution Channel   ,2018–2028(USD Billion)
32. China Luxury Footwear Market revenue, By Product  ,2018–2028(USD Billion)
33. Japan Luxury Footwear Market revenue, By End-User  ,2018–2028(USD Billion)
34. Japan Luxury Footwear Market revenue, By Distribution Channel   ,2018–2028(USD Billion)
35. Japan Luxury Footwear Market revenue, By Product  ,2018–2028(USD Billion)
36. India Luxury Footwear Market revenue, By End-User  ,2018–2028(USD Billion)
37. India Luxury Footwear Market revenue, By Distribution Channel   ,2018–2028(USD Billion)
38. India Luxury Footwear Market revenue, By Product  ,2018–2028(USD Billion)
39. Rest of Asia Pacific Luxury Footwear Market revenue, By End-User  ,2018–2028(USD Billion)
40. Rest of Asia Pacific Luxury Footwear Market revenue, By Distribution Channel   ,2018–2028(USD Billion)
41. Rest of Asia Pacific Luxury Footwear Market revenue, By Product  ,2018–2028(USD Billion)
42. Latin America Luxury Footwear Market revenue, By End-User  ,2018–2028(USD Billion)
43. Latin America Luxury Footwear Market revenue, By Distribution Channel   ,2018–2028(USD Billion)
44. Latin America Luxury Footwear Market revenue, By Product  ,2018–2028(USD Billion)
45. Brazil Luxury Footwear Market revenue, By End-User  ,2018–2028(USD Billion)
46. Brazil Luxury Footwear Market revenue, By Distribution Channel   ,2018–2028(USD Billion)
47. Brazil Luxury Footwear Market revenue, By Product  ,2018–2028(USD Billion)
48. Rest of Latin America Luxury Footwear Market revenue, By End-User  ,2018–2028(USD Billion)
49. Rest of Latin America Luxury Footwear Market revenue, By Distribution Channel   ,2018–2028(USD Billion)
50. Rest of Latin  America Luxury Footwear Market revenue, By Product  ,2018–2028(USD Billion)
51. The Middle East and Africa Luxury Footwear Market revenue, By End-User  ,2018–2028(USD Billion)
52. The Middle East and Africa Luxury Footwear Market revenue, By Distribution Channel   ,2018–2028(USD Billion)
53. The Middle East and Africa Luxury Footwear Market revenue, By Product  ,2018–2028(USD Billion)
54. Saudi Arabia Luxury Footwear Market revenue, By End-User  ,2018–2028(USD Billion)
55. Saudi Arabia Luxury Footwear Market revenue, By Distribution Channel   ,2018–2028(USD Billion)
56. Saudi Arabia Luxury Footwear Market revenue, By Product  ,2018–2028(USD Billion)
57. South Africa Luxury Footwear Market revenue, By End-User  ,2018–2028(USD Billion)
58. South Africa Luxury Footwear Market revenue, By Distribution Channel   ,2018–2028(USD Billion)
59. South Africa Luxury Footwear Market revenue, By Product  ,2018–2028(USD Billion)
60. Rest of the Middle East & Africa Luxury Footwear Market revenue, By End-User  ,2018–2028(USD Billion)
61. Rest of the Middle East & Africa Luxury Footwear Market revenue, By Distribution Channel   ,2018–2028(USD Billion)
62. Rest of the Middle East & Africa Luxury Footwear Market revenue, By Product  ,2018–2028(USD Billion)
   
 
 

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FrequentlyAsked Questions

Escalating demand for luxury footwear among millennials owing to its favorable features will drive luxury footwear market trends. Growing trend among customers towards use of foreign brands like Prada, Louis Vuitton, Chanel, Burberry, and Gucci will steer business growth. Apart from this, surge in per capita income of individuals in urban areas will further spur business landscape over assessment period. Large popularity of luxury footwear among women will translate into massive luxury footwear market growth in near future. Furthermore, a prominent surge in footwear product business is projected to boost luxury footwear industry expansion over projected timeline.

Moreover, shifting preference from traditional footwear to luxury footwear will provide new growth avenues for luxury footwear market during projected timeline. Apart from this, changing buying behavior of tourists and huge preference for personalized luxury items in developed economies will steer luxury footwear market size over 2021-2028.  

According to Zion market research report, the global Luxury Footwear market accrued earnings worth approximately 32.1 (USD Billion) in 2020 and is predicted to gain revenue of about 57.3 (USD Billion) by 2028, is set to record a CAGR of nearly 5.7% over the period from 2021 to 2028.

North America will contribute lucratively towards the global market size over the estimated timeline. The regional market surge is due to presence of population having high per capita income. In addition to this, large-scale presence of reputed product manufacturers in sub-continent will steer expansion of luxury footwear market over predicted timeline.

The key market participants include Salvatore Ferragamo, Prada S.p.A., LVMH, Dr. Martens, Chanel S.A., Silvano Lattanzi, Adidas AG, John Lobb Bootmaker, Lottusse-Mallorca, and A.Testoni.

 

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