Global footwear market is expected to grow at a steady CAGR during the forecast period. Growing requirement for footwears that are more comfortable is one of the key factors due to which the market is anticipated to rev up during the forecast years. Presence of new innovative designs in addition to increasing demand for leather footwear is positively influencing the market growth.
In terms of end user, the market is fragmented into men’s footwear and women’s footwear. Among them, the women’s footwear segment is estimated to dominate the market in the next 5 years on account of growing number of working individuals across the globe.
The major players operating in the footwear market are BATA BRANDS, Burberry, Alexander McQueen, VF Corporation, Hermès, Jimmy Choo, HUGO BOSS, Adidas AG, Nike Inc., Puma SE, Skechers USA Inc. and others. The key market players are adopting several competitive strategies such as product differentiation and new product developments.
Objective of the Study
- To analyze and estimate the market size of global footwear market from 2018to 2021.
- To estimate and forecast the market size of global footwear market from 2022to 2028 and growth rate until 2028.
- To classify and forecast global Footwear market based on type, material,distribution channel, end user, company and regional distribution.
- To identify dominant region or segment in the global footwear market.
- To identify drivers and challenges for global footwear market.
- To examine competitive developments such as expansions, new productlaunches, mergers & acquisitions, etc., in global footwear market.
- To conduct pricing analysis for global footwear market.
- To identify and analyze the profile of leading players operating inglobal footwear market.
- To identify key sustainable strategies adopted by market players inglobal footwear market.
Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the providers which could not be identified due to the limitations of secondary research. Market insights research analyzed the manufacturers and presence of all major players across the globe.
Market insights research calculated the market size of
Key Target Audience
- Footwear manufacturers
- Market researchand consulting firms
- Government bodiessuch as regulating authorities and policy makers
- Organizations,forums and alliances related to footwear
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as
