Footwear Market: Industry Overview, Growth, Trends, Opportunities and Forecast Till 2027

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Global Footwear Market Research Report 2022-2027

© 2022 IMARC All Rights Reserved

Author: Elena Anderson Marketing Manager Copyright ©Group IMARC Service Pvt Ltd. All Rights Reserved IMARC


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Report Description

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Report Description and Highlights Report Description Footwear Market Outlook 2022-2027: According to the latest report by IMARC Group, titled "Footwear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global footwear market size reached a value of US$ 224.6 Billion in 2021. Footwear refers to articles worn on the feet for the purpose of fashion, adornment, hygiene, or providing protection against adversities of the environment, including temperature and ground textures. It consists of a flexible upper layer made of leather, jute, fabric, plastic, rubber, and other synthetic materials with a soft sole and heel to support the weight of the wearer. Their use offers enhanced convenience and comfort, and eases locomotion, thereby preventing major injuries. As a part of the clothing and apparel industry, footwear is comprised of shoes, athletic sneakers, sports shoes, luxury footwear, and other related goods that are commercially available in diverse patterns, colors, and advanced technical fabrications. Request for a PDF market/requestsample

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Report Description and Highlights

Report Description

Global Smart Grid Market Trends: The increasing demand for superior quality footwear with enhanced convenience and comfort are majorly driving the market growth across the globe. This is further supported by rising health concerns, which has prompted manufacturers to launch sports-focused footwear, such as football, cricket, basketball, and golf. In line with this, exponential investments by governments of various nations and global organizations to promote brands in sports leagues and participation, including Formula 1 (F1) car racing, Olympics, and the FIFA world cup, are also catalyzing the market growth. Moreover, key players are considerably investing in research and development (R&D) activities to introduce innovative product variants, such as eco-friendly footwear manufactured using sustainable materials and smart shoes consisting of pressure sensors to facilitate easy functioning of self-lacing, which is acting as another major growth-inducing factor. Besides this, the proliferation of smart phones, easy internet connectivity, and an increasing number of e-commerce platforms have enabled companies to offer enhanced convenience to users via flexible payment methods, easy return or exchange policies, and monetary benefits, which, in turn, is propelling the global sales of footwear. Furthermore, major brands, such as Lee Cooper, Adidas America, and PUMA, are strengthening their market presence by engaging consumers through social media platforms and adopting influencer culture, which is positively influencing the market growth.


Report Description and Highlights

Report Description

Looking forward, the market is expected to grow at a CAGR of 4% during 2022-2027. View Report TOC, Figures and Tables: https://www.imarcgroup.com/footwear-market


Report Description and Highlights

Report Description Key Market Segmentation

The research report includes the following segments:

Breakup by Product: • •

Non-Athletic Footwear Athletic Footwear

Breakup by Material: • • • • •

Rubber Leather Plastic Fabric Others


Report Description and Highlights

Report Description

Breakup by Distribution Channel: • • • • • •

Footwear Specialists Supermarkets and Hypermarkets Departmental Stores Clothing Stores Online Sales Others

Breakup by Pricing: • •

Premium Mass

Breakup by End-User: • • •

Men Women Kids


Report Description and Highlights

Report Description Breakup by Region: • • • • •

North America Asia Pacific Europe Latin America Middle East and Africa

Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. click here: https://www.imarcgroup.com/request?type=report&id=1313&flag=E


Report Description and Highlights

Report Description Competitive Landscape: • • • • • • • • • • •

Nike Incorporation Adidas AG PUMA Geox S.p.A Skechers USA Incorporation Timberland Crocs Retail Ecco Sko A/S Wolverine World Wide Under Armour Inc.


Key Questions Answered in the Report

Report Description

1. What was the size of the global footwear market in 2021? 2. What is the expected growth rate of the global footwear market during 2022-2027? 3. What are the key factors driving the global footwear market? 4. What has been the impact of COVID-19 on the global footwear market? 5. What is the breakup of the global footwear market based on the product? 6. What is the breakup of the global footwear market based on the material? 7. What is the breakup of the global footwear market based on the distribution channel? 8. What is the breakup of the global footwear market based on the pricing? 9. What is the breakup of the global footwear market based on the end-user? 10. What are the key regions in the global footwear market? 11. Who are the key players/companies in the global footwear market?


Report Description 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology

3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends

Table of Contents


Report Description Table of Contents 5 Global Footwear Market 5.1 5.2 5.3 5.4 5.5 5.6 5.7 5.8 5.9 5.10

Market Overview Market Performance Impact of COVID-19 Market Breakup by Product Market Breakup by Material Market Breakup by Distribution Channel Market Breakup by Pricing Market Breakup by End-User Market Breakup by Region Market Forecast

Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/footwear-market/toc


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Report Description and Highlights

Report Description

© 2022 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.


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