Footwear Market - Forecast(2024 - 2030)

Report Code: AM 86634 Report Format: PDF + Excel

Footwear Market Overview:

According to the World Footwear Yearbook published by the Portuguese Footwear Association, approximately 23.5 billion pairs of footwear were sold across the world in 2018. Footwear has always been an incredibly important segment of the fashion industry. Every year, footwear companies across the world invest large amounts of money in developing newer trends to drive the market forward. Key market players in the footwear market are increasingly reliant on convenient stores and e-commerce websites for increasing sales of footwear among both men and women. With e-commerce websites providing regular discounts and collectively selling shoes of different brands on a single platform, customers are buying more footwear than ever. Additionally, sports footwear companies have increased their consumer base by having sports personalities market their products while playing as well as through advertisements. This segment is also driven by rising health concerns of people worldwide which inspires them to invest in a better pair of shoes for exercising outside or in gymnasiums. All these factors have been pivotal in accentuating growth of the footwear market. In 2018, the market earned revenue amounting to $340 billion. During the forecast period of 2019-2025, the footwear market will expand at a compound annual growth rate (CAGR) of 4.5%.

Though footwear is popular among both men and women, it is the former gender that is driving market growth. An increasing number of males are gravitating towards investing in better pieces of footwear. This application segment is expected to grow at a CAGR of 3.9% during the forecast period.

Footwear Market Growth Drivers:

One of the primary reasons, why the footwear market has seen a growth in the past decade, is due to rising popularity for sneakers among teenagers and men. With televisions now preset in almost every household, watching sports has become a common pastime. Admiration of sports stars leads to idolization, subsequently followed by purchase of products marketed by them. Since footwear forms an important part of a sportsperson’s jersey, increase in sales of retail sneakers has helped the global footwear market grow as well.

Footwear Market Key Players Perspective:

In 2018, North America led the footwear market with a regional share of 36%. This has been largely credited to the four prominent sports played in the continent, namely football, baseball, basketball, and hockey. The national leagues for these sports have compelled sportspersons to engage in marketing campaigns for the footwear market.

Key market players in the footwear market are Nike Inc., Adidas AG, PUMA, GEOX S.P.A, SKECHERS USA, Inc., Under Armour, INC., Wolverine World Wide, Inc., Timberland, Crocs Retail, Inc., and ECCO Sko A/S.

Nike Inc., one of the most popular brands in the world alongside Adidas, has made a name for itself by sponsoring several sports teams throughout the world. Similarly, Adidas AG and Puma have also followed similar marketing methods, and reaped massive revenue.

Footwear Market Trends:

Ø  Feather Footwear

As part of the fashion industry, the footwear industry is perennially undergoing change and development. In recent times, the most dominant trend in the market is feather-based footwear. After gaining immense popularity in fashion shows and among celebrities of the world, feather-based footwear is now being launched by minent brands such as Valentino, Giambattista Valli, Simone Rocha, Prabal Gurung, and others for ordinary consumers.

Footwear Market Research Scope

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the footwear market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of segments in the footwear market, and their specific applications in different areas.

Footwear Market Report: Industry Coverage

The footwear market can be segmented on the basis of type into athletic, non-athletic, retail sale, online sale, leather, and non-leather.

The footwear market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:

•           North America: The U.S., Canada, Mexico

•           South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica

•           Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark

•           APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong

•           Middle East and Africa: Israel, South Africa, Saudi Arabia

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1.  Footwear Market - Overview
        1.1 Definitions and Scope
2.  Footwear Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3.  Footwear Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4.  Footwear Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5.  Footwear Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6.  Footwear Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7.  Footwear Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8.  Footwear Market - By Type (Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Segment Analysis
            8.3.1 Athletic
            8.3.2 Non Athletic
9.  Footwear Market - By Type (Market Size -$Million / $Billion)
        9.1  Footwear Market, By Mode Of Sale
            9.1.1 Retail Sale
            9.1.2 Online Sale
        9.2  Footwear Market, By Material
            9.2.1 Leather
            9.2.2 Non Leather
10.  Footwear - By End-user (Market Size -$Million / $Billion)
        10.1 Men
        10.2 Women
        10.3 Children
11.  Footwear- By Geography (Market Size -$Million / $Billion)
        11.1  Footwear Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
         Rest of North America
        11.3  Footwear- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
         Costa Rica
         Rest of South America
        11.5  Footwear- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
         Rest of Europe
        11.7  Footwear - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
         South Korea
         Hong kong
         Rest of APAC
        11.9  Footwear - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
         Saudi Arabia
            11.10.6 Africa Segment Analysis
         South Africa
         Rest of Middle East & Africa
12.  Footwear Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13.  Footwear Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14.  Footwear Market - Key Company List by Country Premium
15.  Footwear Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Adidas Ag
        15.3 Bata India Limited
        15.4 Geox S P A
        15.5 Liberty Shoe Limited
        15.6 Nike Incorporation
        15.7 Paragon Group
        15.8 Puma
        15.9 Relaxo Footwear Limited
        15.10 Skechers Usa, Incorporation
        15.11 Under Armour Inc
        15.12 Company 12
        15.13 Company 13 & More
*Financials would be provided on a best efforts basis for private companies
16.  Footwear Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17.  Footwear Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends