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The Australia footwear market size was valued at USD 4.11 billion in 2023. The market is further projected to grow at a CAGR of 6.0% between 2024 and 2032, reaching a value of USD 6.91 billion by 2032.
Some of the key drivers aiding the Australia footwear market growth include increasing discretionary spending and rising fashion trends in the country, which are boosting the demand for sports and fashionable shoes. Technological advancements like 3D printing and shoe-knitting technologies, along with material innovations, are enabling manufacturers to produce a variety of customised shoe designs.
Moreover, the vigorous demand for sports and athletic footwear across all age groups, the growing preference for branded and high-fashion shoes, and the increasing popularity of sneakers are contributing to the strengthening demand for shoes in Australia. Additionally, the market is influenced by the population growth in Australia, coupled with consumer spending power, which are vital factors driving the expansion of the footwear industry in the country.
As per industry reports, the market is experiencing a trend towards sustainability, with consumers showing a preference for eco-friendly and ethically produced footwear. Brands like Adidas and Nike are introducing sustainable shoe lines made from recycled materials.
The post-pandemic era has accelerated the digital transformation of the Australia footwear market, with a significant surge in online retail and the Direct-to-Consumer (DTC) model thriving. Brands are investing in digital channels and social media to enhance online shopping experiences, reshaping the market by driving growth in online footwear sales.
The sports shoes category within athletic footwear holds a significant Australia footwear market share due to the increasing trend of exercise and fitness among all age groups. The rise in sports activities is boosting the demand for sports shoes. For instance, a new Air Jordan 6 colourway is set to launch in August 2024 to commemorate the Olympics in Paris. Trekking and hiking shoes are also gaining popularity in Australia, fuelled by the growing interest in outdoor activities and adventure sports.
Australia Footwear Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Pricing
Market Breakup by End Use
Market Breakup by Distribution Channel
Market Breakup by Region
Market players are prioritising the adoption of new technologies like 3D printing and material innovations to offer customised shoe designs and enhance the overall consumer experience.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Pricing |
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| Breakup by End Use |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market reached an approximate value of USD 4.11 billion.
The market is expected to grow at a CAGR of 6.0% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 6.91 billion by 2032.
The market is being driven due to increasing discretionary spending and rising demand for sports shoes, and the growing preference for branded and high-fashion shoes.
Key trends aiding the market expansion include technological advancements like 3D printing, increasing popularity of sneakers, and rising availability of different brands.
Regions considered in the market are New South Wales, Victoria, Queensland, Western Australia, and Australian Capital Territory, among others.
Mass and premium priced footwears are considered in the report.
Based on type, the market segmentations include athletic footwear including sports shoes, trekking/hiking shoes, and running shoes, among others, and non-athletic footwear including flip-flops/slippers, boots, and sneakers, among others.
Key players in the market are Nike Inc., Adidas AG, Asics Corp., Puma SE, LVMH Moët Hennessy Louis Vuitton SE, Kering SA, Under Armour Inc., Bata Corporation, VF Corporation, and Authentic Brands Group LLC, among others.
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Australia
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India
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Philippines
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United Kingdom
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+44-753-713-2163
United States (Head Office)
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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
+91-858-608-1494
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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