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Global Footwear Market: Size, Trends & Forecasts (2020-2024) January 2020

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Page 1: Global Footwear Market: Size, Trends & Forecasts …...The global footwear market has witnessed progressive growth in the past few years and the market is further anticipated to grow

Global Footwear Market: Size, Trends & Forecasts (2020-2024)

January 2020

Page 2: Global Footwear Market: Size, Trends & Forecasts …...The global footwear market has witnessed progressive growth in the past few years and the market is further anticipated to grow

Global Footwear Market : Coverage

Executive Summary and Scope

Introduction/Market Overview

Global Market Analysis

Regional Market Analysis

Dynamics

Competitive Landscape

Company Profiles

Page 3: Global Footwear Market: Size, Trends & Forecasts …...The global footwear market has witnessed progressive growth in the past few years and the market is further anticipated to grow

Global Footwear Market : Coverage

Scope of the Report

Attributes Details

Title Global Footwear Market: Size, Trends & Forecasts (2020-2024)

Coverage Global and Regional

Regional Coverage North America, Asia Pacific, Europe, ROW

Market Influencing Variables Growth Drivers, Challenges, Market Trends

Forecast Period of Market 2020-2024

Competition in the Market Fragmented

Key Players Nike Inc., Adidas AG, Puma SE and Skechers USA, Inc.

Page 4: Global Footwear Market: Size, Trends & Forecasts …...The global footwear market has witnessed progressive growth in the past few years and the market is further anticipated to grow

Global Footwear Market

Footwear is a part of human dressing that provide relief and care to the feet from heat, cold, rain, dirt, dampness etc. especially while goingoutdoors. Footwear is made from numerous materials like leather, rubber, wood, canvas etc. and owing to the change in lifestyle of people thefootwear manufacturers are offering different innovative designer footwear to provide them an attractive look. There are different types offootwear available in the market such as boots, shoes, sandals, indoor footwear, specific footwear, traditional footwear etc.

The footwear market can be bifurcated into numerous categories according to the type, end-user and distribution channel. According to type,footwear market can be segmented in athletic and non-athletic footwear, according to end-user the market is distributed in three parts men,women and kids. Furthermore, according to distribution channel the market is categorized under two heads online and offline.

The global footwear market has witnessed progressive growth in the past few years and the market is further anticipated to grow at a positiverate during the forecasted period (2020-2024). The growth of the global footwear market would be supported by the growth drivers such asescalating per capita income, rising population, growth in e-commerce sales, surging sneaker demand, bulging outdoor activities demand andswelling demand for designer footwear.

However, the growth of global footwear market is being hindered by various challenges. Some of the distinguished challenges faced by themarket are uncertain consumer preference, rapid innovation, etc. Moreover, the market growth would be bolstered by various market trendslike budding smart shoes demand, augmented reality and virtual reality technology, rising youth population, evolution of 3D technology etc.

Executive Summary

Page 5: Global Footwear Market: Size, Trends & Forecasts …...The global footwear market has witnessed progressive growth in the past few years and the market is further anticipated to grow

Global Footwear Market: An Analysis

Global Footwear Market by Value

The global footwear market value was US$.... billion in 2019, in comparison to US$... billion in 2018. The global footwear market isanticipated to rise up to US$.... billion by 2024 as compared to US$.... billion in 2020, representing a CAGR of xx% over the years 2020 to 2024.

CAGRs

2020-2024 xx%

2018 2019

US

$ B

illio

n

2020 2021 2022 2023 2024

US

$ B

illio

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Page 6: Global Footwear Market: Size, Trends & Forecasts …...The global footwear market has witnessed progressive growth in the past few years and the market is further anticipated to grow

Footwear Market: Global Analysis

Global Footwear Market by Segment; 2019Segment Share

Athletic xx%

Non-Athletic xx%

Global Footwear Market by Region; 2019 Region Share

North America xx%

Asia Pacific xx%

Europe xx%

ROW xx%

Page 7: Global Footwear Market: Size, Trends & Forecasts …...The global footwear market has witnessed progressive growth in the past few years and the market is further anticipated to grow

Footwear Market: Global Analysis

Global Footwear Market by End-User; 2019End-User Share CAGR

Men xx% xx%

Women xx% xx%

Kids xx% xx%

Global Footwear Market by Distribution Channel; 2019

Distribution Channel Share CAGR

Retail xx% xx%

Online xx% xx%

Page 8: Global Footwear Market: Size, Trends & Forecasts …...The global footwear market has witnessed progressive growth in the past few years and the market is further anticipated to grow

Footwear Market: Segment Analysis

Global Athletic Footwear Market by Value Global Non-Athletic Market by Value

Segment CAGR

2020-2024

Athletic xx%

Non-Athletic xx%

2020 2021 2022 2023 2024

US

$ B

illio

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2020 2021 2022 2023 2024

US

$ B

illio

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Page 9: Global Footwear Market: Size, Trends & Forecasts …...The global footwear market has witnessed progressive growth in the past few years and the market is further anticipated to grow

Athletic Footwear Market: Global Analysis

Global Athletic Footwear Market by Segment; 2019 Segment Share CAGR(2020-2024)

Running & Walking Shoes xx% xx%

Sports Shoes xx% xx%

Aerobic & Gym Shoes xx% xx%

Other xx% xx%

Global Athletic Footwear Market by End-User; 2019

End-User Share CAGR(2020-2024)

Men xx% xx%

Women xx% xx%

Kids xx% xx%

Page 10: Global Footwear Market: Size, Trends & Forecasts …...The global footwear market has witnessed progressive growth in the past few years and the market is further anticipated to grow

Footwear Market: Regional Analysis

North America Footwear Market by Value

Asia Pacific Footwear Market by ValueRegions CAGR

2020-2024

North America xx%

Asia Pacific xx%

Europe xx%

ROW xx%

Europe Footwear Market by Value

2020 2021 2022 2023 2024

US

$ B

illio

n

2020 2021 2022 2023 2024

US

$ B

illio

n

2020 2021 2022 2023 2024

US

$ B

illio

n

Page 11: Global Footwear Market: Size, Trends & Forecasts …...The global footwear market has witnessed progressive growth in the past few years and the market is further anticipated to grow

Footwear Market: Dynamics

Growth Driver

•Surging Sneakers Demand

•Swelling Demand for Designer Footwear

Challenges

•Uncertain Consumer Preference

•Inventory Risk

Market Trends

•Budding Smart Shoes Demand

•Augmented Reality and Virtual Reality Technology

Page 12: Global Footwear Market: Size, Trends & Forecasts …...The global footwear market has witnessed progressive growth in the past few years and the market is further anticipated to grow

Footwear Market: Competitive Landscape

Players Profiled

Note: The graphs on this slide are only for sample representation.

• Nike Inc.

• Adidas AG

• Puma SE

• Skechers USA, Inc.