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The Asia Pacific footwear market size reached US$ 131.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 196 Billion by 2027, exhibiting a growth rate (CAGR) of 7.4% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Footwear plays a significant role in offering protection and comfort to the feet. It is made of different materials, such as wood, canvas, leather, jute, plastics and rubber. With the changing aesthetic and fashion trends, handmade as well as machine-made footwear is available for both athletic and non-athletic purposes. In the Asia Pacific region, most footwear manufacturers are emphasizing on developing technologically advanced smart shoes to expand their product portfolio and business operations.
The Asia Pacific footwear market is primarily driven by rapid urbanization and industrialization in countries like China, Indonesia, and India. This has led to a rise in the demand for formal, casual, athletic and fashion footwear across the region. Due to globalization, there has been a steady increase in the establishment of popular luxury brands, which emphasize the development of unique designs while also giving importance to comfort. Besides this, the increasing penetration of e-commerce platforms, such as Amazon and Alibaba, has facilitated consumers to choose from a wide variety of footwear available online. Furthermore, with the rising health awareness, individuals are becoming more inclined toward athletic and physical activities, like yoga, gym, and jogging, which, in turn, is escalating the demand for athletic and sports footwear.
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific footwear market report, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on product, material, distribution channel, pricing and end user.
Breakup by Product:
Breakup by Material:
Breakup by Distribution Channel:
Breakup by Pricing:
Breakup by End User:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2021|
|Segment Coverage||Product, Material, Distribution Channel, Pricing, End User, Country|
|Countries Covered||China, Japan, India, South Korea, Australia, Indonesia, Others|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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