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Global Footwear Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)
The global footwear market reached a value of around USD 417.50 billion in 2024. The market is assessed to grow at a CAGR of 4.9% between 2025 and 2034 to reach a value of approximately USD 642.16 billion by 2034. As per the analysis by Expert Market Research, the market is expected to be driven by the expansion of the retail sector.
The market for footwear is being propelled by the growing interest in sports and fitness, the rising preference for enhanced comfort, style, and design, as well as the expansion of the retail sector in developing countries. The increasing fashion consciousness and the growing craze for sneakers are also positively influencing the market for footwear.
Several key players are launching special and limited edition footwear to meet the growing consumer demands for innovative products. For instance, in July 2022, Skechers collaborated with tokidoki to launch a new limited-edition footwear line featuring the latter’s playful iconography and design. Moreover, footwear is increasingly seen as a marker of self-expression and personality, due to which the demand for shoe brands by consumers is likely to grow in the forecast period.
The surging M&A activities by the leading companies to expand their product portfolio are expected to support the market growth of footwear in the forecast period, For instance, in February 2022, Crocs. Inc. acquired the casual footwear brand, HEYDUDE™. Through the acquisition, the company aimed to enhance its profitability in the global market while providing innovative marketing as well as a robust infrastructure for the growth of HEYDUDE.
Explore emerging trends and opportunities in the global footwear market with us. Stay updated and discover how to navigate this dynamic landscape effectively. Get a free sample now!
Headquarters: | Oregon, United States |
Establishment: | 1964 |
Website: | https://www.nike.com/ |
Nike is a globally renowned brand specialising in athletic footwear, apparel, and equipment. It is a leader in the sportswear industry, offering a wide range of products for various sports, including running, basketball, football, and training. Nike’s innovative approach to design and technology has made it synonymous with cutting-edge performance gear. The company’s marketing strategies, particularly its partnerships with professional athletes and sports teams, have cemented its status as a powerhouse in the industry. Known for its iconic "Swoosh" logo and "Just Do It" slogan, Nike continues to push the boundaries of product development, sustainability, and brand visibility. With a global presence, Nike not only delivers high-performance sportswear but also incorporates fashion-forward designs that appeal to lifestyle consumers. Its commitment to innovation extends beyond the product, with significant investments in digital technologies, such as fitness apps and online services. Nike's influence on both sports culture and fashion trends is immeasurable, and it remains a dominant force in the global market.
Headquarters: | Herzogenaurach, Germany |
Establishment: | 1948 |
Website: | https://us.puma.com/us/en |
PUMA is a leading global sportswear and lifestyle brand, celebrated for its innovation, performance, and style. The company designs and manufactures footwear, apparel, and accessories, focusing on high-performance gear for athletes across various disciplines, including running, football, and motorsport. PUMA is known for collaborating with high-profile athletes, sports teams, and celebrities, which has helped solidify its position in the competitive sportswear market. Its focus on both functionality and fashion has allowed PUMA to bridge the gap between performance gear and streetwear. The brand’s signature products include running shoes with advanced technology and stylish collaborations with fashion icons. PUMA also strives to promote sustainability by incorporating eco-friendly materials and ethical practices in its production processes. The company continues to build on its legacy of sports and fashion fusion while maintaining its commitment to delivering quality products that enhance performance and style.
Headquarters: | California, United States |
Establishment: | 1992 |
Website: | https://www.skechers.com/ |
Skechers is an American footwear brand known for its comfortable, fashionable shoes for men, women, and children. Its product range spans casual footwear, athletic shoes, and performance-enhancing designs, with an emphasis on comfort and support. Skechers’ success is rooted in its ability to combine style with function, offering products that cater to both athletic needs and everyday wear. The company is widely recognised for its memory foam insoles, which provide added cushioning and comfort, making them a popular choice for consumers seeking both durability and ease of wear. Over the years, Skechers has also made its mark in the fashion world through collaborations with various celebrities, creating trendy and versatile footwear. With an expanding global presence, Skechers continues to diversify its product offerings, introducing innovations in performance and style. Its focus on affordability and quality has earned it a loyal customer base worldwide.
Headquarters: | Herzogenaurach, Germany |
Establishment: | 1994 |
Website: | https://www.adidas-group.com/en/ |
Adidas is a world-leading brand in the athletic apparel and footwear industry, known for its cutting-edge technology, stylish designs, and commitment to sustainability. Offering a wide range of products for sports such as running, football, and basketball, Adidas combines performance-enhancing features with aesthetic appeal. The brand is renowned for its iconic three-stripe logo, which signifies a legacy of excellence and innovation. Adidas has embraced collaborations with both athletes and fashion designers, broadening its appeal to a diverse audience. Beyond footwear, the company offers a comprehensive collection of clothing and accessories, blending athleticism with casual wear. Sustainability is a key focus for Adidas, with efforts to reduce waste, use recycled materials, and support environmental initiatives. The brand is also known for its advancements in footwear technology, such as Boost and Primeknit, which provide athletes with exceptional comfort and performance. Adidas continues to be at the forefront of both sportswear innovation and global fashion trends.
Headquarters: | Maryland, United States |
Establishment: | 1996 |
Website: | https://www.underarmour.com/en-us/ |
Under Armour is an American sportswear brand known for its high-performance clothing, footwear, and accessories. The company gained fame for its moisture-wicking fabrics, designed to keep athletes dry and comfortable during intense physical activity. Over time, Under Armour expanded its product offerings to include a wide range of athletic wear, including apparel for running, training, and team sports. The brand also offers footwear designed for various sports and outdoor activities. Under Armour has positioned itself as a leader in sports technology, incorporating innovative materials like its HeatGear, ColdGear, and UA Rush technologies to enhance performance. The company is also focused on sustainability, working to create eco-friendly products and reduce its environmental impact. Under Armour’s partnership with professional athletes and sports teams has helped solidify its reputation in the sportswear industry. It continues to be a go-to brand for athletes seeking high-quality, performance-driven products.
Headquarters: | London, United Kingdom |
Establishment: | 1996 |
Website: | https://row.jimmychoo.com/en/home |
Jimmy Choo is a luxury brand known for its high-end footwear, bags, and accessories. The brand has become synonymous with elegance, craftsmanship, and luxury. Founded by Malaysian-born shoemaker Jimmy Choo, the company has grown into an international fashion powerhouse, offering a wide range of shoes that are favoured by celebrities and fashion enthusiasts alike. Jimmy Choo’s designs are characterised by their glamorous appeal, often featuring intricate detailing, high-quality materials, and cutting-edge designs. The brand has expanded its offerings to include handbags, small leather goods, and fragrances, all crafted with the same attention to detail and luxury. Jimmy Choo’s shoes, particularly its stiletto heels, have become iconic symbols of sophistication and style. The brand’s dedication to superior craftsmanship and innovation continues to drive its reputation as a leading name in luxury fashion.
Headquarters: | Italy, Europe |
Establishment: | 1911 |
Website: | https://www.filaholdings.com/en/main/index.asp |
FILA is a global sportswear and lifestyle brand that has made its mark with its stylish yet functional footwear, apparel, and accessories. Originally founded as a high-end sportswear company, FILA has evolved into a fashion-forward brand known for its bold designs and collaborations with sports teams and celebrities. FILA’s product range includes tennis shoes, running footwear, and casual sportswear, blending performance with fashion. The brand has experienced a resurgence in popularity, particularly in the streetwear market, with its retro-inspired designs capturing the attention of younger consumers. FILA's emphasis on comfort, quality, and performance has ensured its place in the global sportswear market. Its continued focus on innovative designs and collaborations with designers and celebrities keeps FILA relevant in both the athletic and fashion worlds.
Headquarters: | Italy, Europe |
Establishment: | 1913 |
Website: | https://www.pradagroup.com/en.html |
Prada is an Italian luxury fashion house known for its high-end clothing, accessories, footwear, and fragrances. Established as a prestigious name in the fashion industry, Prada is celebrated for its sophisticated designs, craftsmanship, and avant-garde style. The brand's collections often feature bold, modern aesthetics, blending classic luxury with contemporary innovation. Prada’s commitment to quality is reflected in its use of premium materials and meticulous attention to detail. The brand is particularly known for its leather goods, including handbags and wallets, which have become symbols of luxury and status. Prada has expanded its offerings to include menswear, womenswear, and footwear, all of which showcase its signature blend of timeless elegance and forward-thinking design. The brand's influence extends beyond fashion into art and culture, often setting trends that are emulated by other designers.
Headquarters: | London, United Kingdom |
Establishment: | 1856 |
Website: | https://www.burberryplc.com/ |
Burberry is a British luxury fashion brand renowned for its timeless designs and iconic trench coats. Known for its classic check pattern, the company has expanded its offerings to include a wide range of clothing, accessories, and fragrances. Burberry has become a symbol of British heritage, combining traditional tailoring with modern style. The brand’s commitment to high-quality craftsmanship and innovative design has made it a favourite among fashion-conscious consumers. Burberry is also recognised for its forward-thinking approach to digital marketing and technology, embracing social media and e-commerce to engage with a global audience. Sustainability is a key focus for the brand, which has made significant strides in reducing its environmental impact. With a long history of innovation and craftsmanship, Burberry continues to be a leading name in luxury fashion.
Headquarters: | Colorado, United States |
Establishment: | 1899 |
Website: | https://www.vfc.com/ |
VF Corporation is a global leader in branded lifestyle apparel, footwear, and accessories, encompassing a wide range of well-known brands. The company’s portfolio includes some of the most iconic names in fashion and outdoor wear, such as The North Face, Vans, Timberland, and Dickies. VF Corporation is committed to delivering high-quality products that combine performance, style, and durability. Its brands cater to diverse markets, from outdoor enthusiasts to casual streetwear consumers. Sustainability is at the core of VF’s operations, with a focus on reducing environmental impact through responsible sourcing and production methods. The company continues to innovate in its product lines, incorporating new materials, technologies, and designs to meet the evolving needs of consumers. With a strong global presence, VF Corporation has become a dominant player in the lifestyle and activewear sectors, driving trends in both outdoor and urban fashion.
Headquarters: | New Hampshire, United States |
Establishment: | 1973 |
Website: | https://www.timberland.com/en-us |
TBL Licensing LLC is the parent company behind the iconic Timberland brand, renowned for its durable outdoor footwear, clothing, and accessories. The brand has become synonymous with rugged, functional designs that cater to both outdoor enthusiasts and fashion-conscious consumers. Timberland’s signature yellow boot symbolises the brand's commitment to quality and performance, combining durability with style. The company also focuses on sustainability, using eco-friendly materials and implementing ethical manufacturing processes. Timberland’s products are designed to withstand the elements while offering comfort and protection, making them a popular choice for those who enjoy outdoor adventures. In addition to footwear, Timberland offers a wide range of outdoor apparel and accessories, all designed with a focus on both functionality and style. The brand’s strong association with environmental consciousness has made it a favourite among consumers who value sustainability.
Headquarters: | Colorado, United States |
Establishment: | 2002 |
Website: | https://www.crocs.com/ |
Crocs is a footwear brand that has become famous for its comfortable, versatile, and distinctive clogs. Made from the brand’s signature Croslite material, Crocs shoes are lightweight, durable, and easy to clean, making them ideal for both casual wear and outdoor activities. Originally designed as a boating shoe, Crocs has evolved into a global fashion phenomenon, with various styles and colours catering to all ages. The brand’s popularity is due to its comfort and practicality, with many users citing the shoes' ease of use and all-day comfort. Crocs has also expanded its product range to include sandals, boots, and sneakers. Despite initial criticism for their unusual design, Crocs have found a devoted fan base and have been embraced by celebrities and fashion influencers, leading to high-profile collaborations. The brand’s commitment to comfort and innovation continues to drive its success worldwide.
Headquarters: | Switzerland, Europe |
Establishment: | 1894 |
Website: | https://www.thebatacompany.com/ |
Bata Corporation is a multinational footwear and accessories company with a strong presence in the global market. The company offers a wide range of footwear for men, women, and children, as well as accessories such as bags and socks. Bata’s product range spans from everyday casual footwear to high-performance shoes for specific activities such as sports and work. Known for its commitment to comfort, quality, and affordability, Bata has established itself as a household name in many regions. The company operates numerous retail stores globally, making its products accessible to consumers in various markets. Bata also places a strong emphasis on sustainability, incorporating eco-friendly materials and manufacturing processes into its operations. With a rich history and global footprint, Bata continues to innovate and expand its product offerings while maintaining a focus on delivering value to customers.
Headquarters: | Michigan, United States |
Establishment: | 1883 |
Website: | https://www.wolverineworldwide.com/ |
Wolverine World Wide is a leading manufacturer of branded footwear, apparel, and accessories. Known for its iconic brands such as Wolverine, Hush Puppies, and Merrell, the company caters to a wide range of consumers, from outdoor enthusiasts to those seeking casual or workwear footwear. Wolverine is renowned for its durable, high-quality work boots, while Merrell is celebrated for its outdoor hiking shoes. The company is committed to delivering products that combine functionality, durability, and comfort. In addition to its footwear offerings, Wolverine World Wide also produces apparel and accessories for active lifestyles. Sustainability is a key focus for the company, with efforts to reduce its environmental footprint through sustainable materials and ethical production practices. With a diverse portfolio of well-known brands, Wolverine World Wide remains a significant player in the global footwear and outdoor apparel markets.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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