Luxury Footwear Market

Market Overview:

The global luxury footwear market grew at a CAGR of around 5% during 2015-2020. Luxury footwear is manufactured using premium quality materials. It can be differentiated from its affordable counterparts in terms of durability, uniqueness and comfort. It is not mass-produced, which makes it exclusive, expensive and difficult to find in the market. At present, improving living standards and inflating disposable incomes are escalating the demand for luxury footwear around the world.

Rapid urbanization, in confluence with the rising influence of social media and the thriving fashion industry, represents one of the primary factors impelling the global luxury footwear market growth. Moreover, the growing preference for high-end fashion brands as a status symbol is also positively influencing the sales of handcrafted luxury footwear. Additionally, several leading brands are introducing a wide product range to expand their existing consumer base. In line with this, they are entering into strategic partnerships and alliances with various manufacturers to offer customized formal luxury footwear with a wide range of selections in material, design, color, and size. Apart from this, due to the sudden spread of the coronavirus disease (COVID-19) and the implementation of lockdown restrictions, leading players are shifting their focus from offline distribution channels to online platforms. Furthermore, increasing awareness about the environmental impact of footwear is encouraging manufacturers to adopt sustainable materials to develop ecological and sustainable luxury footwear. Such innovations, along with aggressive promotional activities, are anticipated to strengthen the growth of the market in the coming years. Looking forward, IMARC Group expects the global luxury footwear market to grow moderately during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global luxury footwear market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product, end user and distribution channel.

Breakup by Product:

• Formal Shoes
• Casual Shoes
   

Breakup by End User:

• Men
• Women
• Children
   

Breakup by Distribution Channel:

• Online
• Offline
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being A.Testoni (Sitoy Group Holdings Ltd), Adidas AG, Base London, Burberry, Chanel S.A. (CHANEL International B.V.), Dr. Martens (Airwair Group Limited), Hermès International S.A., Lottusse - Mallorca, LVMH Moët Hennessy - Louis Vuitton, Prada S.p.A (LUDO srl), Salvatore Ferragamo S.P.A. and Silvano Lattanzi srl.

Key Questions Answered in This Report:

• How has the global luxury footwear market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global luxury footwear market?
• What are the key regional markets?
• What is the breakup of the market based on the product?
• What is the breakup of the market based on the end user?
• What is the breakup of the market based on the distribution channel?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global luxury footwear market and who are the key players?
• What is the degree of competition in the industry?

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 Luxury Footwear Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product
    6.1    Formal Shoes
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Casual Shoes
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by End User
    7.1    Men
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Women
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Children
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Distribution Channel
    8.1    Online
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Offline
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    A.Testoni (Sitoy Group Holdings Ltd.)
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3   Financials
        14.3.2    Adidas AG
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    Base London
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
        14.3.4    Burberry
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    Chanel S.A. (CHANEL International B.V.)
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    Dr. Martens (Airwair Group Limited)
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
        14.3.7    Hermès International S.A.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    Lottusse - Mallorca
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
        14.3.9    LVMH Moët Hennessy - Louis Vuitton
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
           14.3.9.4 SWOT Analysis
        14.3.10    Prada S.p.A (LUDO srl)
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
        14.3.11    Salvatore Ferragamo S.P.A.
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
        14.3.12    Silvano Lattanzi srl
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: Luxury Footwear Market: Major Drivers and Challenges
Figure 2: Global: Luxury Footwear Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Luxury Footwear Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Luxury Footwear Market: Breakup by Product (in %), 2020
Figure 5: Global: Luxury Footwear Market: Breakup by End User (in %), 2020
Figure 6: Global: Luxury Footwear Market: Breakup by Distribution Channel (in %), 2020
Figure 7: Global: Luxury Footwear Market: Breakup by Region (in %), 2020
Figure 8: Global: Luxury Footwear (Formal Shoes) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Luxury Footwear (Formal Shoes) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Luxury Footwear (Casual Shoes) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Luxury Footwear (Casual Shoes) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Luxury Footwear (Men) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Luxury Footwear (Men) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Luxury Footwear (Women) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Luxury Footwear (Women) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Luxury Footwear (Children) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Luxury Footwear (Children) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Luxury Footwear (Online) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Luxury Footwear (Online) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Luxury Footwear (Offline) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Luxury Footwear (Offline) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: North America: Luxury Footwear Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: North America: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: United States: Luxury Footwear Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: United States: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Canada: Luxury Footwear Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Canada: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Asia-Pacific: Luxury Footwear Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Asia-Pacific: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: China: Luxury Footwear Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: China: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Japan: Luxury Footwear Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Japan: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: India: Luxury Footwear Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: India: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: South Korea: Luxury Footwear Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: South Korea: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Australia: Luxury Footwear Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Australia: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Indonesia: Luxury Footwear Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Indonesia: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Others: Luxury Footwear Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Others: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Europe: Luxury Footwear Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Europe: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Germany: Luxury Footwear Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Germany: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: France: Luxury Footwear Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: France: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: United Kingdom: Luxury Footwear Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: United Kingdom: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Italy: Luxury Footwear Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Italy: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Spain: Luxury Footwear Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Spain: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Russia: Luxury Footwear Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Russia: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Others: Luxury Footwear Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Others: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Latin America: Luxury Footwear Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Latin America: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Brazil: Luxury Footwear Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Brazil: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Mexico: Luxury Footwear Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Mexico: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Others: Luxury Footwear Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Others: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Middle East and Africa: Luxury Footwear Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Middle East and Africa: Luxury Footwear Market: Breakup by Country (in %), 2020
Figure 70: Middle East and Africa: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: Global: Luxury Footwear Industry: SWOT Analysis
Figure 72: Global: Luxury Footwear Industry: Value Chain Analysis
Figure 73: Global: Luxury Footwear Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Luxury Footwear Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Luxury Footwear Market Forecast: Breakup by Product (in Million US$), 2021-2026
Table 3: Global: Luxury Footwear Market Forecast: Breakup by End User (in Million US$), 2021-2026
Table 4: Global: Luxury Footwear Market Forecast: Breakup by Distribution Channel (in Million US$), 2021-2026
Table 5: Global: Luxury Footwear Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Luxury Footwear Market: Competitive Structure
Table 7: Global: Luxury Footwear Market: Key Players