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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Australia Men’s Footwear Market Outlook
The Australia men’s footwear market size reached USD 343.20 million in 2023. The market is expected to grow at a CAGR of 4.55% between 2024 and 2032, reaching USD 509.87 million by 2032.
Key Takeaways:
- According to the Australian Bureau of Statistics, the 2021 Census tallied 25,422,788 people in Australia, with 49.3% male and a median age of 37.
- As stated by the Australian Sports Commission, 78% of males aged 15 and above engage in sports or physical activities weekly.
- The Department of Health and Age Care highlights sports' significance in Australian culture, with approximately 13 million adults engaging in sports yearly.
Athletic footwear drives the Australia men’s footwear market growth by catering to various sports and activities with specialized design features
These shoes are crafted to elevate performance by offering enhancements like better grip, stability, and support tailored to specific movements. Athletic footwear elevates performance by providing traction and stability, reducing injury risks through enhanced support. Advanced cushioning guarantees comfort during exercises, while specialized designs are tailored for specific sports, combining style and versatility for everyday use. The market has seen an influx of new brands.
In February 2024, Lululemon introduced its first men's footwear line, featuring the Beyondfeel running and trail shoes. These designs were meticulously crafted with the unique characteristics of the male foot in mind, including a wider heel, less pronounced arch, and the impact of running landings.
Non-athletic footwear merges fashion with comfort, catering to daily wear with a wide array of options for different occasions. Whether for the workplace or formal events, these shoes offer durability through quality materials, ensuring they remain practical and adaptable choices.
Market Segmentation
Australia Men’s Footwear Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
- Non-Athletic Footwear
- Athletic Footwear
Market Breakup by Material
- Rubber
- Fabric
- Leather
- Plastic
- Others
Market Breakup by Pricing
- Premium
- Mass
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Specialty Stores
- Online
- Others
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The Australia men’s footwear market key players are Nike Inc., Adidas Australia Pty Limited, ASICS Oceania Pty Ltd., R.M.Williams Pty Ltd, FEIT, Milu Boutique, MONOCHROME the Label, Wootten, Bared Pty Ltd, and Brand Collective Pty Ltd. among others.
Key Highlights of the Report
| 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 Product |
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| Breakup by Material |
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| Breakup by Pricing |
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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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Key Questions Answered in the Report
The market was valued at USD 343.20 million in 2023.
The market is projected to grow at a CAGR of 4.55% between 2024 and 2032.
The revenue generated from the market is expected to reach USD 509.87 million in 2032.
The market is categorised according to product, which includes non-athletic footwear and athletic footwear.
The key players are Nike Inc., Adidas Australia Pty Limited, ASICS Oceania Pty Ltd., R.M.Williams Pty Ltd, FEIT, Milu Boutique, MONOCHROME` the Label, Wootten, Bared Pty Ltd, and Brand Collective Pty Ltd. among others.
Based on the pricing, the market is divided into premium and mass.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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