Footwear Market is expected to grow at a steady CAGR during the forecast period. Growing requirement for footwears that are more comfortable is one of the key factors due to which the market is anticipated to rev up during the forecast years. Presence of new innovative designs in addition to increasing demand for leather footwear is positively influencing the market growth.
The global footwear market is segmented based on type, material, distribution channel, end user, company, and region. Based on type, the market can be categorized into athletic footwear and non-athletic footwear. Out of which, the athletic footwear segment is expected to grow at the highest CAGR during the forecast period on account of increasing awareness about health and fitness. In addition to this, rising popularity of global sporting events, is further contributing to the growing trend.
In terms of end user, the market is fragmented into men’s footwear and women’s footwear. Among them, the women’s footwear segment is estimated to dominate the market in the next 5 years on account of growing number of working individuals across the globe.
The major players operating in the footwear market are BATA BRANDS, Burberry, Alexander McQueen, VF Corporation, Hermès, Jimmy Choo, HUGO BOSS, Adidas AG, Nike Inc., Puma SE, Skechers USA Inc. and others. The key market players are adopting several competitive strategies such as product differentiation and new product developments.
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Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2026
Objective of the Study:
- To analyze and estimate the market size of global footwear market from 2016 to 2019.
- To estimate and forecast the market size of global footwear market from 2020 to 2026 and growth rate until 2026.
- To classify and forecast global Footwear market based on type, material, distribution channel, end user, company and regional distribution.
- To identify dominant region or segment in the global footwear market.
- To identify drivers and challenges for global footwear market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global footwear market.
- To conduct pricing analysis for global footwear market.
- To identify and analyze the profile of leading players operating in global footwear market.
- To identify key sustainable strategies adopted by market players in global footwear market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers and presence of all major players across the globe.
TechSci Research calculated the market size of global footwear market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Footwear manufacturers
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to footwear
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Table Of Content :
- Product Overview
- Research Methodology
- Impact of COVID_ 19 on Global Footwear Market
- Executive Summary
- Voice of Customer
- Global Footwear Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Type (Athletic Footwear Vs Non-Athletic Footwear)
6.2.2. By Material (Rubber Vs Plastic)
6.2.3. By Distribution Channel (Supermarket/Hypermarket, Shoe Stores, Independent Retailers, Online & Others)
6.2.4. By End User (Men’s Footwear Vs Women’s Footwear)
6.2.5. By Company (2020)
6.2.6. By Region
6.3. Market Attractiveness Index
- Asia-Pacific Footwear Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Material
7.2.3. By Distribution Channel
7.2.4. By End User
7.2.5. By Country
7.3. Asia-Pacific: Country Analysis
7.3.1. China Footwear Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value & Volume
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