Global Footwear Industry By Top Key Players, Types, Share, Size, Technology, Production Capacity, Ex-Factory Price, Revenue Analysis Forecast 2027

  

Footwear Industry 2019-2027

 

Overview

The global Footwear Industry registered a substantial growth in terms of product innovations and technological advancements. The global Footwear Industry size is estimated to reach USD 223.2 Billion by the end of 2024 and record a CAGR of 5.7%. Youngsters are increasingly inclined toward participating in sports and other outdoor activities which is expected to increase the demand for sports footwear during the forecast period. Moreover, consumers are also concerned about using appropriate shoes while participating in different sports activities to prevent injuries and improve their performance. Apart from that, the rising number of working professionals in the developing economies is expected to further propel the demand for formal shoes which in turn is expected to accelerate the growth of the global Footwear Industry at a high pace.

 

Key Trends:

Some of the key players in the global Footwear Industry are Nike Corporation (US), Adidas AG (Germany), VF Corporation (US), Crocs Retail, Inc. (US), ECCO Sko A/S (Denmark), Wolverine World Wide, Inc. (US), Under Armour Inc. (US), New Balance Athletics, Inc. (US), Asics Corporation (Japan), Deichmann SE (Germany), AeroGroup (Canada), Kering S.A. (Japan), Geox S.p.A (Italy), Skechers USA, Incorporation (US), and The Columbia Sportswear Company (US).

 

Global Footwear Industry – Segments

The global Footwear Industry has been segmented on the basis of product type, category, end user, distribution channel, and region.

The market for global footwear has been bifurcated, on the basis of category, into open footwear and closed footwear. The closed footwear segment is expected to account for the maximum market proportion of the global Footwear Industry and is projected to register the higher growth rate during the forecast period. The open footwear segment is projected to exhibit moderate growth during the forecast period.

 

Access Complete Report @ https://www.marketresearchfuture.com/reports/footwear-market-8037

 

Global Footwear Industry - Regional Analysis

The global Footwear Industry has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world.

The market in Europe accounted for approximately 27% of the market share of the global Footwear Industry. Germany and France have major footwear production facilities which assists in the growth of the regional market.

 

NOTE: Our Team of Researchers is Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

 

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