Market Overview:
The global footwear market reached a value of US$ 224.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 288.2 Billion by 2027, exhibiting at a CAGR of 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 is worn for providing comfort and protection to the feet. It is manufactured using a wide variety of materials such as wood, canvas, leather, jute, plastics and rubber. With the changing aesthetics and fashion trends, the quality and styles of footwear have considerably evolved to provide maximum comfort to the consumers. Footwear can either be machine- or hand-made and is commonly available for both athletic and non-athletic purposes. Although a necessity, footwear has evolved as a symbol of luxury and class over time.
Increasing demand for superior quality footwear along with product innovation and premiumization represent some of the key factors driving the market. Manufacturers are increasingly emphasizing on the development of unique designs, while also giving importance to comfort. This has led to the introduction of innovative products which are comfortable as well as fashionable. Increasing interest in sports and inclination towards athletic and physical activities such as jogging have also positively impacted the market growth. Although online marketing has overpowered physical shopping experience in most consumer goods segments, consumers still prefer to be physically present while buying footwear. This has further led to the proliferation of organized retail outlets and has improved customer-manufacturer interaction. Furthermore, aggressive promotional activities by manufacturers and enhanced spending capacities of consumers have also catalyzed the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global footwear market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on product, material, distribution channel, pricing and end-user.
Breakup by Product:
- Non-Athletic Footwear
- Athletic Footwear
Breakup by Material:
- Rubber
- Leather
- Plastic
- Fabric
- Others
Breakup by Distribution Channel:
- Footwear Specialists
- Supermarkets and Hypermarkets
- Departmental Stores
- Clothing Stores
- Online Sales
- Others
Breakup by Pricing:
Breakup by End-User:
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Nike Incorporation, Adidas AG, PUMA, Geox S.p.A, Skechers USA, Incorporation, Timberland, Crocs Retail, Inc., Ecco Sko A/S, Wolverine World Wide, Inc., Under Armour Inc., etc.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Product, Material, Distribution Channel, Pricing, End-User, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Companies Covered |
Nike Incorporation, Adidas AG, PUMA, Geox S.p.A, Skechers USA, Incorporation, Timberland, Crocs Retail, Inc., Ecco Sko A/S, Wolverine World Wide, Inc. and Under Armour Inc. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| 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) |
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Footwear Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product
5.5 Market Breakup by Material
5.6 Market Breakup by Distribution Channel
5.7 Market Breakup by Pricing
5.8 Market Breakup by End-User
5.9 Market Breakup by Region
5.10 Market Forecast
6 Market Breakup by Product
6.1 Non-Athletic Footwear
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Athletic Footwear
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Material
7.1 Rubber
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Leather
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Plastic
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Fabric
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Footwear Specialists
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Online Sales
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Supermarkets and Hypermarkets
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Departmental Stores
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Clothing Stores
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Pricing
9.1 Premium
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Mass
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by End-User
10.1 Men
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Women
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Kids
10.3.1 Market Trends
10.3.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Europe
11.2.1 Market Trends
11.2.2 Market Forecast
11.3 Asia Pacific
11.3.1 Market Trends
11.3.2 Market Forecast
11.4 Middle East and Africa
11.4.1 Market Trends
11.4.2 Market Forecast
11.5 Latin America
11.5.1 Market Trends
11.5.2 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
13.1 Overview
13.2 Research and Development
13.3 Raw Material Procurement
13.4 Manufacturing
13.5 Marketing
13.6 Distribution
13.7 End-Use
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
15.1 Price Indicators
15.2 Price Structure
15.3 Margin Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Nike Incorporation
16.3.2 Adidas AG
16.3.3 PUMA
16.3.4 Geox S.p.A
16.3.5 Skechers USA, Incorporation
16.3.6 Timberland
16.3.7 Crocs Retail, Inc.
16.3.8 Ecco Sko A/S
16.3.9 Wolverine World Wide, Inc.
16.3.10 Under Armour Inc.
List of Figures
Figure 1: Global: Footwear Market: Major Drivers and Challenges
Figure 2: Global: Footwear Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Footwear Market: Breakup by Product (in %), 2021
Figure 4: Global: Footwear Market: Breakup by Material (in %), 2021
Figure 5: Global: Footwear Market: Breakup by Distribution Channel (in %), 2021
Figure 6: Global: Footwear Market: Breakup by Pricing (in %), 2021
Figure 7: Global: Footwear Market: Breakup by End-User (in %), 2021
Figure 8: Global: Footwear Market: Breakup by Region (in %), 2021
Figure 9: Global: Footwear Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 10: Global: Footwear Industry: SWOT Analysis
Figure 11: Global: Footwear Industry: Value Chain Analysis
Figure 12: Global: Footwear Industry: Porter’s Five Forces Analysis
Figure 13: Global: Footwear (Non-Athletic Footwear) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Footwear (Non-Athletic Footwear) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Footwear (Athletic Footwear) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Footwear (Athletic Footwear) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Footwear (Rubber) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Footwear (Rubber) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Footwear (Leather) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Footwear (Leather) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Footwear (Plastic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Footwear (Plastic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Footwear (Fabric) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Footwear (Fabric) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Footwear (Other Materials) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Footwear (Other Materials) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Footwear Market: Sales through Footwear Specialists (in Million US$), 2016 & 2021
Figure 28: Global: Footwear Market Forecast: Sales through Footwear Specialists (in Million US$), 2022-2027
Figure 29: Global: Footwear Market: Online Sales (in Million US$), 2016 & 2021
Figure 30: Global: Footwear Market Forecast: Online Sales (in Million US$), 2022-2027
Figure 31: Global: Footwear Market: Sales through Supermarkets and Hypermarkets (in Million US$), 2016 & 2021
Figure 32: Global: Footwear Market Forecast: Sales through Supermarkets and Hypermarkets (in Million US$), 2022-2027
Figure 33: Global: Footwear Market: Sales through Departmental Stores (in Million US$), 2016 & 2021
Figure 34: Global: Footwear Market Forecast: Sales through Departmental Stores (in Million US$), 2022-2027
Figure 35: Global: Footwear Market: Sales through Clothing Stores (in Million US$), 2016 & 2021
Figure 36: Global: Footwear Market Forecast: Sales through Clothing Stores (in Million US$), 2022-2027
Figure 37: Global: Footwear Market: Sales through Other Distribution Channels (in Million US$), 2016 & 2021
Figure 38: Global: Footwear Market Forecast: Sales through Other Distribution Channels (in Million US$), 2022-2027
Figure 39: Global: Footwear (Premium) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Footwear (Premium) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Global: Footwear (Mass) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Global: Footwear (Mass) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Global: Footwear (Men) Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Global: Footwear (Men) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Global: Footwear (Women) Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Global: Footwear (Women) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Global: Footwear (Kids) Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Global: Footwear (Kids) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: North America: Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: North America: Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Europe: Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Europe: Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Asia Pacific: Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Asia Pacific: Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Middle East and Africa: Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Middle East and Africa: Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Latin America: Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Latin America: Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
List of Tables
Table 1: Global: Footwear Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Footwear Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Footwear Market Forecast: Breakup by Material (in Million US$), 2022-2027
Table 4: Global: Footwear Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 5: Global: Footwear Market Forecast: Breakup by Pricing (in Million US$), 2022-2027
Table 6: Global: Footwear Market Forecast: Breakup by End-User (in Million US$), 2022-2027
Table 7: Global: Footwear Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 8: Global: Footwear Market Structure
Table 9: Global: Footwear Market: Key Players