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Global Footwear Market to Grow at a CAGR of 4.9% During 2024-2032, Aided by the Growing E-Commerce Sector

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Global Footwear Market Share, Size, Growth, Analysis: By Type: Non-Athletic Footwear, Athletic Footwear; By Material: Rubber, Leather, Plastic, Fabric, Others; By Pricing: Premium, Mass; By End Use: Men, Women, Kids; By Distribution Channel: Supermarkets and Hypermarkets, Others; Regional Analysis; Competitive Landscape; 2024-2032

Footwear Market Competitive Landscape

Some of the major players in the market are increasingly innovating with materials to launch high-performance footwear:

Company	Product Range	Headquarters	Founded
Nike, Inc.	Athletic footwear, apparel, equipment, and accessories	Oregon, United States	1964
PUMA SE	Athletic and casual footwear, apparel, and accessories	Herzogenaurach, Germany	1948
Skechers USA, Inc.	Lifestyle and performance apparel and footwear	California, United States	1992
Adidas AG	Performance and lifestyle footwear, apparel, and accessories	Herzogenaurach, Germany	1949

Other key players in the global footwear market are VF Corporation, TBL Licensing LLC, Crocs Retail, LLC, Under Armour®, Inc., Jimmy Choo S.r.l., FILA Holdings Corp., Prada S.p.A., Burberry Group Plc, Wolverine World Wide, Inc, and Bata Corporation, among others.

Manufacturers in the market are continuously involved in research and development to improve the comfort and performance of footwear. Some notable innovations in material include the waterproof Gore-Tex, carbon fibre, and Kevlar sole, which is known for its strength and heat resistance.

Moreover, the integration of advanced technologies in the manufacturing process has become a significant factor propelling the footwear market growth. For instance, 3D printing has enabled companies to provide a wide range of customisation options and manufacture custom footwear that can fit the user’s feet perfectly.

Footwear Market Report Snapshots

Footwear Market Size

Footwear Market Trends

Footwear Companies

Footwear Market Regional Analysis

*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.

1   Preface
2   Report Coverage – Key Segmentation and Scope
3   Report Description
   3.1   Market Definition and Outlook
   3.2   Properties and Applications
   3.3   Market Analysis
   3.4   Key Players
4   Key Assumptions
5   Executive Summary
   5.1   Overview
   5.2   Key Drivers
   5.3   Key Developments
   5.4   Competitive Structure
   5.5   Key Industrial Trends
6   Market Snapshot
   6.1   Global
   6.2   Regional
7   Opportunities and Challenges in the Market
8   Global Footwear Market Analysis
   8.1   Key Industry Highlights
   8.2   Global Footwear Historical Market (2018-2023)
   8.3   Global Footwear Market Forecast (2024-2032)
   8.4   Global Footwear Market by Type
       8.4.1   Non-Athletic Footwear
           8.4.1.1 Historical Trend (2018-2023)
           8.4.1.2 Forecast Trend (2024-2032)
           8.4.1.3 Breakup by Type
               8.4.1.3.1   Sneakers
               8.4.1.3.2   Boots
               8.4.1.3.3   Shoes
               8.4.1.3.4   Slippers
               8.4.1.3.5   Sandals
       8.4.2   Athletic Footwear
           8.4.2.1 Historical Trend (2018-2023)
           8.4.2.2 Forecast Trend (2024-2032)
   8.5   Global Footwear Market by Material
       8.5.1   Rubber
           8.5.1.1 Historical Trend (2018-2023)
           8.5.1.2 Forecast Trend (2024-2032)
       8.5.2   Leather
           8.5.2.1 Historical Trend (2018-2023)
           8.5.2.2 Forecast Trend (2024-2032)
       8.5.3   Plastic
           8.5.3.1 Historical Trend (2018-2023)
           8.5.3.2 Forecast Trend (2024-2032)
       8.5.4   Fabric
           8.5.4.1 Historical Trend (2018-2023)
           8.5.4.2 Forecast Trend (2024-2032)
       8.5.5   Others
   8.6   Global Footwear Market by Pricing
       8.6.1   Premium
           8.6.1.1 Historical Trend (2018-2023)
           8.6.1.2 Forecast Trend (2024-2032)
       8.6.2   Mass
           8.6.2.1 Historical Trend (2018-2023)
           8.6.2.2 Forecast Trend (2024-2032)
   8.7   Global Footwear Market by End Use
       8.7.1   Men
           8.7.1.1 Historical Trend (2018-2023)
           8.7.1.2 Forecast Trend (2024-2032)
       8.7.2   Women
           8.7.2.1 Historical Trend (2018-2023)
           8.7.2.2 Forecast Trend (2024-2032)
       8.7.3   Kids
           8.7.3.1 Historical Trend (2018-2023)
           8.7.3.2 Forecast Trend (2024-2032)
   8.8   Global Footwear Market by Distribution Channel
       8.8.1   Supermarkets and Hypermarkets
           8.8.1.1 Historical Trend (2018-2023)
           8.8.1.2 Forecast Trend (2024-2032)
       8.8.2   Footwear Specialists
           8.8.2.1 Historical Trend (2018-2023)
           8.8.2.2 Forecast Trend (2024-2032)
       8.8.3   Departmental Stores
           8.8.3.1 Historical Trend (2018-2023)
           8.8.3.2 Forecast Trend (2024-2032)
       8.8.4   Clothing Stores
           8.8.4.1 Historical Trend (2018-2023)
           8.8.4.2 Forecast Trend (2024-2032)
       8.8.5   Online
           8.8.5.1 Historical Trend (2018-2023)
           8.8.5.2 Forecast Trend (2024-2032)
       8.8.6   Others
   8.9   Global Footwear Market by Region
       8.9.1   North America
           8.9.1.1 Historical Trend (2018-2023)
           8.9.1.2 Forecast Trend (2024-2032)
       8.9.2   Europe
           8.9.2.1 Historical Trend (2018-2023)
           8.9.2.2 Forecast Trend (2024-2032)
       8.9.3   Asia Pacific
           8.9.3.1 Historical Trend (2018-2023)
           8.9.3.2 Forecast Trend (2024-2032)
       8.9.4   Latin America
           8.9.4.1 Historical Trend (2018-2023)
           8.9.4.2 Forecast Trend (2024-2032)
       8.9.5   Middle East and Africa
           8.9.5.1 Historical Trend (2018-2023)
           8.9.5.2 Forecast Trend (2024-2032)
9   North America Footwear Market Analysis
   9.1   Market by Type
   9.2   Market by Material
   9.3   Market by Pricing
   9.4   Market by End Use
   9.5   Market by Distribution Channel
   9.6   Market by Country
       9.6.1   United States of America
           9.6.1.1 Historical Trend (2018-2023)
           9.6.1.2 Forecast Trend (2024-2032)
       9.6.2   Canada
           9.6.2.1 Historical Trend (2018-2023)
           9.6.2.2 Forecast Trend (2024-2032)
10   Europe Footwear Market Analysis
   10.1   Market by Type
   10.2   Market by Material
   10.3   Market by Pricing
   10.4   Market by End Use
   10.5   Market by Distribution Channel
   10.6   Market by Country
       10.6.1   United Kingdom
           10.6.1.1 Historical Trend (2018-2023)
           10.6.1.2 Forecast Trend (2024-2032)
       10.6.2   Germany
           10.6.2.1 Historical Trend (2018-2023)
           10.6.2.2 Forecast Trend (2024-2032)
       10.6.3   France
           10.6.3.1 Historical Trend (2018-2023)
           10.6.3.2 Forecast Trend (2024-2032)
       10.6.4   Italy
           10.6.4.1 Historical Trend (2018-2023)
           10.6.4.2 Forecast Trend (2024-2032)
       10.6.5   Others
11   Asia Pacific Footwear Market Analysis
   11.1   Market by Type
   11.2   Market by Material
   11.3   Market by Pricing
   11.4   Market by End Use
   11.5   Market by Distribution Channel
   11.6   Market by Country
       11.6.1   China
           11.6.1.1 Historical Trend (2018-2023)
           11.6.1.2 Forecast Trend (2024-2032)
       11.6.2   Japan
           11.6.2.1 Historical Trend (2018-2023)
           11.6.2.2 Forecast Trend (2024-2032)
       11.6.3   India
           11.6.3.1 Historical Trend (2018-2023)
           11.6.3.2 Forecast Trend (2024-2032)
       11.6.4   ASEAN
           11.6.4.1 Historical Trend (2018-2023)
           11.6.4.2 Forecast Trend (2024-2032)
       11.6.5   Australia
           11.6.5.1 Historical Trend (2018-2023)
           11.6.5.2 Forecast Trend (2024-2032)
       11.6.6   Others
12   Latin America Footwear Market Analysis
   12.1   Market by Type
   12.2   Market by Material
   12.3   Market by Pricing
   12.4   Market by End Use
   12.5   Market by Distribution Channel
   12.6   Market by Country
       12.6.1   Brazil
           12.6.1.1 Historical Trend (2018-2023)
           12.6.1.2 Forecast Trend (2024-2032)
       12.6.2   Argentina
           12.6.2.1 Historical Trend (2018-2023)
           12.6.2.2 Forecast Trend (2024-2032)
       12.6.3   Mexico
           12.6.3.1 Historical Trend (2018-2023)
           12.6.3.2 Forecast Trend (2024-2032)
       12.6.4   Others
13   Middle East and Africa Footwear Market Analysis
   13.1   Market by Type
   13.2   Market by Material
   13.3   Market by Pricing
   13.4   Market by End Use
   13.5   Market by Distribution Channel
   13.6   Market by Country
       13.6.1   Saudi Arabia
           13.6.1.1 Historical Trend (2018-2023)
           13.6.1.2 Forecast Trend (2024-2032)
       13.6.2   United Arab Emirates
           13.6.2.1 Historical Trend (2018-2023)
           13.6.2.2 Forecast Trend (2024-2032)
       13.6.3   Nigeria
           13.6.3.1 Historical Trend (2018-2023)
           13.6.3.2 Forecast Trend (2024-2032)
       13.6.4   South Africa
           13.6.4.1 Historical Trend (2018-2023)
           13.6.4.2 Forecast Trend (2024-2032)
       13.6.5   Others
14   Market Dynamics
   14.1   SWOT Analysis
       14.1.1   Strengths
       14.1.2   Weaknesses
       14.1.3   Opportunities
       14.1.4   Threats
   14.2   Porter’s Five Forces Analysis
       14.2.1   Supplier’s Power
       14.2.2   Buyer’s Power
       14.2.3   Threat of New Entrants
       14.2.4   Degree of Rivalry
       14.2.5   Threat of Substitutes
   14.3   Key Indicators for Demand
   14.4   Key Indicators for Price
15   Trade Data Analysis
   15.1   Major Exporting Countries
       15.1.1   by Value
       15.1.2   by Volume
   15.2   Major Importing Countries
       15.2.1   by Value
       15.2.2   by Volume
16   Competitive Landscape
   16.1   Market Structure
   16.2   Company Profiles
       16.2.1   Nike, Inc.
           16.2.1.1   Company Overview
           16.2.1.2   Product Portfolio
           16.2.1.3   Demographic Reach and Achievements
           16.2.1.4   Certifications
       16.2.2   PUMA SE
           16.2.2.1   Company Overview
           16.2.2.2   Product Portfolio
           16.2.2.3   Demographic Reach and Achievements
           16.2.2.4   Certifications
       16.2.3   Skechers USA, Inc.
           16.2.3.1   Company Overview
           16.2.3.2   Product Portfolio
           16.2.3.3   Demographic Reach and Achievements
           16.2.3.4   Certifications
       16.2.4   Adidas AG
           16.2.4.1   Company Overview
           16.2.4.2   Product Portfolio
           16.2.4.3   Demographic Reach and Achievements
           16.2.4.4   Certifications
       16.2.5   VF Corporation
           16.2.5.1   Company Overview
           16.2.5.2   Product Portfolio
           16.2.5.3   Demographic Reach and Achievements
           16.2.5.4   Certifications
       16.2.6   TBL Licensing LLC
           16.2.6.1   Company Overview
           16.2.6.2   Product Portfolio
           16.2.6.3   Demographic Reach and Achievements
           16.2.6.4   Certifications
       16.2.7   Crocs Retail, LLC
           16.2.7.1   Company Overview
           16.2.7.2   Product Portfolio
           16.2.7.3   Demographic Reach and Achievements
           16.2.7.4   Certifications
       16.2.8   Under Armour®, Inc.
           16.2.8.1   Company Overview
           16.2.8.2   Product Portfolio
           16.2.8.3   Demographic Reach and Achievements
           16.2.8.4   Certifications
       16.2.9   Jimmy Choo S.r.l.
           16.2.9.1   Company Overview
           16.2.9.2   Product Portfolio
           16.2.9.3   Demographic Reach and Achievements
           16.2.9.4   Certifications
       16.2.10   FILA Holdings Corp.
           16.2.10.1   Company Overview
           16.2.10.2   Product Portfolio
           16.2.10.3   Demographic Reach and Achievements
           16.2.10.4   Certifications
       16.2.11   Prada S.p.A.
           16.2.11.1   Company Overview
           16.2.11.2   Product Portfolio
           16.2.11.3   Demographic Reach and Achievements
           16.2.11.4   Certifications
       16.2.12   Burberry Group Plc
           16.2.12.1   Company Overview
           16.2.12.2   Product Portfolio
           16.2.12.3   Demographic Reach and Achievements
           16.2.12.4   Certifications
       16.2.13   Wolverine World Wide, Inc
           16.2.13.1   Company Overview
           16.2.13.2   Product Portfolio
           16.2.13.3   Demographic Reach and Achievements
           16.2.13.4   Certifications
       16.2.14   Bata Corporation
           16.2.14.1   Company Overview
           16.2.14.2   Product Portfolio
           16.2.14.3   Demographic Reach and Achievements
           16.2.14.4   Certifications
       16.2.15   Others
17   Key Trends and Developments in the Market

List of Key Figures and Tables

1.   Global Footwear Market: Key Industry Highlights, 2018 and 2032
2.   Global Footwear Historical Market: Breakup by Type (USD Million), 2018-2023
3.   Global Footwear Market Forecast: Breakup by Type (USD Million), 2024-2032
4.   Global Footwear Historical Market: Breakup by Material (USD Million), 2018-2023
5.   Global Footwear Market Forecast: Breakup by Material (USD Million), 2024-2032
6.   Global Footwear Historical Market: Breakup by Pricing (USD Million), 2018-2023
7.   Global Footwear Market Forecast: Breakup by Pricing (USD Million), 2024-2032
8.   Global Footwear Historical Market: Breakup End User (USD Million), 2018-2023
9.   Global Footwear Market Forecast: Breakup by End User (USD Million), 2024-2032
10.   Global Footwear Historical Market: Breakup Distribution Channel (USD Million), 2018-2023
11.   Global Footwear Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
12.   Global Footwear Historical Market: Breakup by Region (USD Million), 2018-2023
13.   Global Footwear Market Forecast: Breakup by Region (USD Million), 2024-2032
14.   North America Footwear Historical Market: Breakup by Country (USD Million), 2018-2023
15.   North America Footwear Market Forecast: Breakup by Country (USD Million), 2024-2032
16.   Europe Footwear Historical Market: Breakup by Country (USD Million), 2018-2023
17.   Europe Footwear Market Forecast: Breakup by Country (USD Million), 2024-2032
18.   Asia Pacific Footwear Historical Market: Breakup by Country (USD Million), 2018-2023
19.   Asia Pacific Footwear Market Forecast: Breakup by Country (USD Million), 2024-2032
20.   Latin America Footwear Historical Market: Breakup by Country (USD Million), 2018-2023
21.   Latin America Footwear Market Forecast: Breakup by Country (USD Million), 2024-2032
22.   Middle East and Africa Footwear Historical Market: Breakup by Country (USD Million), 2018-2023
23.   Middle East and Africa Footwear Market Forecast: Breakup by Country (USD Million), 2024-2032
24.   Global Footwear Market Structure

Key Questions Answered in the Report

How big is the footwear market?

In 2023, the market reached an approximate value of USD 417.50 billion.

What is the footwear market growth?

The market is estimated to grow at a CAGR of 4.9% between 2024 and 2032.

What is the global footwear market forecast for 2024-2032?

The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 642.16 billion by 2032.

What are the factors driving the demand of footwear market?

The major driving factors are rising disposable incomes, increasing focus on comfort and design, growing interest in fitness and sports activities, and increase in sales of premium quality products.

What are the key footwear market trends?

The growing product purchase by consumers via e-commerce platforms such as Amazon, Alibaba, and others, and the launch of improved products range by manufacturers are the key market trends guiding the growth of the market.

What are the major regional markets of footwear, according to the EMR report?

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

What are the different types of footwear in the market?

Non-athletic footwear and athletic footwear are the different types of footwear in the market.

Who are the key market players, according to the global footwear industry?

The major players in the market are Nike, Inc., PUMA SE, Skechers USA, Inc., Adidas AG, VF Corporation, TBL Licensing LLC, Crocs Retail, LLC, Under Armour®, Inc., Jimmy Choo S.r.l., FILA Holdings Corp., Prada S.p.A., Burberry Group Plc, Wolverine World Wide, Inc, and Bata Corporation, among others.

Which segment accounted for the largest footwear market share?

Athletic footwear accounted for largest market share.

Which is the fastest growing region in the footwear market?

The Asia Pacific is the fastest growing region in the market.

Which region has the biggest share in the footwear market?

North America and Europe hold major shares in the market.

Which emerging markets hold potential for footwear export expansion?

Vietnam, China, and Belgium hold potential for market expansion.

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