Fashion

Footwear Market Size, Growth with Companies Adidas AG, Nike Inc., PUMA SE, New Balance Inc., Asics Corporation

global Footwear Market Revenue of USD 280.61 billion by 2023

Summary     

Latest Research Report on “Footwear Market” Added by Analytical Research Cognizance which covers Market Overview, Future Economic Impact, Competition by Manufacturers, Supply (Production), & Consumption Analysis

Description

Global Footwear Market

The global footwear market, characterized by frequent change and volatility, reflects the trends that will impact the world in the next few years. The search for a variety of styles, and the new trend of fashionable and innovative footwear is increasing its demand across the world. The global footwear market is expected to expand at an overall annual compound growth rate (CAGR) of 3.44% from 2018 to 2023, leading to a global revenue of USD 280.61 billion by 2023.

Based on the various products available, the global footwear market has been classified into athletic and non-athletic footwear. The demand for non-athletic footwear is anticipated to be the largest and the most promising in the coming years. This is due to the availability of customization and personalization for different footwear, along with the rising fashion of innovative and trendy footwear.

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Based on the distribution channel, the market is segmented into online channels, supermarkets and hypermarkets, independent retail stores, and others. These segments occupy more than around 65% of the global market share. Shopping online or from supermarkets and independent retail stores holds the majority of the market share, globally.
Also, demand for footwear from various end users including men, women, and kids is also provided in this report. Demand for footwear from women held the most significant market share in 2017 and is anticipated to maintain its dominance during the forecast period.

Moreover, the cross-sectional analysis of all the segments mentioned above across different regions such as North America, Asia-Pacific, Europe, Latin America and the Middle East and Africa has also been considered within the scope of research. Geographically, North America dominated the global footwear market and was followed by the Asia-Pacific, especially China, in 2017.

Brief about Footwear Market Report with TOC @ http://www.arcognizance.com/report/global-footwear-market-2018-2023

COMPANIES COVERED:
Adidas AG
Nike Inc.
PUMA SE
New Balance Inc.
Asics Corp.
Deichmann SE
Bata Ltd.
Skechers USA Inc.
Under Armour
Timberland

Key growth factors

The footwear market is predicted to witness a high growth rate owing to the rising disposable income in developing economies, rapidly growing population, and increasing demand for athletic shoes because of increasing awareness about health and fitness, and attractive promotional strategies by companies that induce increased purchases.

The growing trend of new and stylish footwear across all age groups is one of the primary factors that is expected to augment the demand for footwear at a high rate in the coming years.

Threats and key players

Despite so many factors driving the market, the rising cost of raw materials is one of the most critical factors that is expected to limit the demand for footwear in the coming years.

Moreover, the availability of counterfeit products and competition among vendors hinder the expansion of the global footwear market.

Some of the major players operating in the footwear market are Adidas AG, Nike Inc., PUMA SE, New Balance Inc., Asics Corporation, Deichmann SE, Bata Ltd, Skechers USA Inc., Under Armour, Timberland, etc.

Why buy?

  1. Understand the demand for footwear to determine the viability of the business.
    2. Identify the developed and new markets where footwear is viable business.
    3. Formulate a product market strategy based on the position in the value chain to determine the optimal product placement.
    4. Identify the gap areas and address them.
    5. Develop strategies based on the economic factors for each of the segments.
    6. Define the competitive positioning by comparing the products with the key players in the market.

Some Points Covered in Table of Contents:

Chapter 1 Executive summary

1.1. Market scope and segmentation

1.2. Key questions answered in this study

1.3. Executive summar

Chapter 2 Footwear market overview

2.1. Market overview – market trends, historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), geography wise market revenue (USD Bn)

2.2. Market drivers and its impact

2.3. Market trends and its impact

Chapter 3 Global footwear market analysis

3.1. Global footwear market, by product (athletic and non-athletic) – segment-wise market revenue (USD Bn) of 2017 & 2023, market attractiveness analysis

3.2. Global footwear market, by material (rubber, leather, plastic, and others) – segment-wise market revenue (USD Bn) of 2017 & 2023, market attractiveness analysis

3.3. Global footwear market, by end user (men, women, and kids) – segment-wise market revenue (USD Bn) of 2017 & 2023, market attractiveness analysis

3.4. Global footwear market, by distribution channel (online channels, supermarkets and hypermarkets, independent retail stores, and others) – segment-wise market revenue (USD Bn) of 2017 & 2023, market attractiveness analysis

Chapter 4 North America footwear market analysis

4.1. North America footwear market – market overview – market drivers, trends, and historical (2015-2017) and forecasted (2018-2023) market size (USD Bn)

4.2. North America footwear market, by product (athletic and non-athletic) – segment-wise market revenue (USD Bn) of 2017 & 2023, market attractiveness analysis

4.3. North America footwear market, by material (rubber, leather, plastic, and others) – segment-wise market revenue (USD Bn) of 2017 & 2023, market attractiveness analysis

4.4. North America footwear market, by end user (men, women, and kids) – segment-wise market revenue (USD Bn) of 2017 & 2023, market attractiveness analysis

4.5. North America footwear market, by distribution channel (online channels, supermarkets and hypermarkets, independent retail stores, and others) – segment-wise market revenue (USD Bn) of 2017 & 2023, market attractiveness analysis

……

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