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Luxury Footwear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global luxury footwear market is expected to exhibit a CAGR of 4.6% 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.

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.

Luxury Footwear Market Trends:

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.

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 at the global, regional and country level from 2022-2027. Our report has categorized the market based on 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.

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, End User, Distribution Channel, Region
Region Covered North America, Asia Pacific, Europe, Latin America, Middle East and Africa
Countries Covered United States, Canada, China, Japan, India, South Korea, Australia, Indonesia, Germany, France, United Kingdom, Italy, Spain, Russia, Brazil, Mexico
Companies Covered 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
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
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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 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$), 2016-2021
Figure 3: Global: Luxury Footwear Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Luxury Footwear Market: Breakup by Product (in %), 2021
Figure 5: Global: Luxury Footwear Market: Breakup by End User (in %), 2021
Figure 6: Global: Luxury Footwear Market: Breakup by Distribution Channel (in %), 2021
Figure 7: Global: Luxury Footwear Market: Breakup by Region (in %), 2021
Figure 8: Global: Luxury Footwear (Formal Shoes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Luxury Footwear (Formal Shoes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Luxury Footwear (Casual Shoes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Luxury Footwear (Casual Shoes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Luxury Footwear (Men) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Luxury Footwear (Men) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Luxury Footwear (Women) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Luxury Footwear (Women) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Luxury Footwear (Children) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Luxury Footwear (Children) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Luxury Footwear (Online) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Luxury Footwear (Online) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Luxury Footwear (Offline) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Luxury Footwear (Offline) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: North America: Luxury Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: North America: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: United States: Luxury Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: United States: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Canada: Luxury Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Canada: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Asia-Pacific: Luxury Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Asia-Pacific: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: China: Luxury Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: China: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Japan: Luxury Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Japan: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: India: Luxury Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: India: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: South Korea: Luxury Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: South Korea: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Australia: Luxury Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Australia: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Indonesia: Luxury Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Indonesia: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Others: Luxury Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Others: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Europe: Luxury Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Europe: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Germany: Luxury Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Germany: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: France: Luxury Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: France: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: United Kingdom: Luxury Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: United Kingdom: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Italy: Luxury Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Italy: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Spain: Luxury Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Spain: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Russia: Luxury Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Russia: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Others: Luxury Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Others: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Latin America: Luxury Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Latin America: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Brazil: Luxury Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Brazil: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Mexico: Luxury Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Mexico: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Others: Luxury Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Others: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Middle East and Africa: Luxury Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Middle East and Africa: Luxury Footwear Market: Breakup by Country (in %), 2021
Figure 70: Middle East and Africa: Luxury Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
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, 2021 and 2027
Table 2: Global: Luxury Footwear Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Luxury Footwear Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 4: Global: Luxury Footwear Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 5: Global: Luxury Footwear Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Luxury Footwear Market: Competitive Structure
Table 7: Global: Luxury Footwear Market: Key Players


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Key Questions Answered in This Report

We expect the global luxury footwear market to exhibit a CAGR of 4.6% during 2022-2027.

The improving consumer living standards, along with the rising adoption of social media platforms for
introducing high-end products, are primarily driving the global luxury footwear market.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from
conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of
luxury footwear.

Based on the product, the global luxury footwear market can be segmented into formal shoes and
casual shoes. Currently, formal shoes hold the majority of the total market share.Based on the product, the global luxury footwear market can be segmented into formal shoes and
casual shoes. Currently, formal shoes hold the majority of the total market share.

Based on the end user, the global luxury footwear market has been segregated into men, women, and
children. Among these, women currently account for the largest market share.

Based on the distribution channel, the global luxury footwear market can be categorized into online and
offline. Currently, offline channel exhibits a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.

Some of the major players in the global luxury footwear market include 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.

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