Footwear Market Analysis and Forecast to 2032: By Type (Athletic, Non-athletic), Material (Leather, Non-leather), End User (Men, Women, Children), Distribution Channel (Hypermarkets/Supermarkets, Specialty Stores, Brand Outlets, Online), and Region
Footwear is a type of garment that is worn on the feet. The term “footwear” can refer to a wide variety of shoes, sandals, boots, and other types of footwear. Footwear is a very important part of many people’s lives and there are many different trends that can be seen in the footwear market.
Early shoes were made mostly of leather, which was tough but flexible and allowed the foot to breathe. Today, however, many shoes are made of synthetic materials such as nylon and polyester, which are lighter and more durable than leather. Some shoes are even made of space-age materials such as Kevlar and carbon fiber.
The manufacturing process of shoes has also undergone major changes. In the past, shoes were often made by hand, which was a time-consuming and expensive process. Today, however, most shoes are made by machine, which is faster and less expensive. The machines used in shoe manufacturing are constantly being updated and improved, and new manufacturing processes are being developed all the time.
Report Coverage
| Report Attribute | Details |
|---|---|
| Historic Period | 2015-2020 |
| Forecast Period | 2022-2031 |
| Base Year | 2021 |
| Segments Covered | Type, Material, End User, Distribution Channel |
| Key Companies | Nike, Adidas, Puma, Skechers, Vans, Under Armour, Reebok, Timberland, New Balance, Asics |
| Regional Scope | North America, Europe, Asia Pacific, Central & South America, Middle East & Africa |
| Analysis Coverage | Market Forecast, Competitive Landscape, Drivers, Trends, Restraints, Opportunities, Value-Chain, PESTLE, Key Events and Developments |
Key Trends
One of the biggest trends in footwear right now is the athleisure trend. This trend is all about shoes that can be worn both for working out and for everyday casual wear. Many brands are now creating shoes that are stylish and comfortable enough to be worn for both purposes. This trend is especially popular among millennials.
Another big trend in footwear is the rise of sustainable and environmentally-friendly shoes. More and more consumers are becoming aware of the impact their choices have on the environment. As a result, they are looking for shoes that are made from sustainable materials and that have a low environmental impact. This trend is likely to continue to grow in the coming years.
Technology is also playing a big role in the footwear market. Many brands are now using innovative technologies to create better-fitting, more comfortable, and more stylish shoes. 3D printing is being used to create custom-fit shoes and new materials are being used to create lighter and more breathable shoes.
Key Drivers
The footwear market is growing rapidly with the changing fashion trends and the increasing purchasing power of consumers. The following are some of the key drivers of the footwear market:
- Increasing preference for stylish and comfortable footwear: There is a growing preference for stylish and comfortable footwear among consumers, especially the millennials. With the rise of social media, people are becoming more aware of the latest fashion trends and are willing to spend more on footwear that is both stylish and comfortable.
- Growing health consciousness: An increasing number of people are becoming health conscious and are looking for footwear that provides good support and helps in preventing injuries. This is especially true for older consumers who are more vulnerable to foot problems.
- Rising disposable incomes: Rising disposable incomes, especially in the developing countries, are one of the key drivers of the footwear market. As people’s incomes grow, they are willing to spend more on footwear, especially on premium and luxury brands.
- Growing e-commerce sector: The growing e-commerce sector is making it easier for consumers to purchase footwear online. This is especially beneficial for those who live in remote areas or do not have access to brick-and-mortar stores.
Restraints & Challenges
The footwear market is one of the most competitive in the world. With new brands and products constantly entering the market, it can be difficult for existing brands to maintain their market share. In addition, the footwear market is highly seasonal, with demand typically peaking in the summer and winter months. This can make it difficult for brands to maintain inventory levels and can result in lost sales if products are not available when consumers are looking to purchase them.
In order to succeed in the footwear market, brands need to have a clear understanding of their target consumer and what they are looking for in a product. They also need to be able to quickly adapt to changes in consumer demand and the latest fashion trends. In addition, brands need to have a strong online presence in order to reach consumers who are increasingly shopping for footwear online.
Market Segments
The Footwear market report is bifurcated on the basis of type, material, end user, distribution channel, and region. On the basis of type, it is segmented into athletic and non-athletic. Based on material, it is analyzed across leather and non-leather. By end user, it is divided into men, children, and women. By Distribution Channel, it is divided into hypermarkets/supermarkets, specialty store, brand outlets, online, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and the rest of the World.
Key Players
The Footwear market report includes players such as Steve Madden, Fila, Nike, Adidas, Puma, Skechers, Vans, Crocs, Reebok, Asics, Under Armour, Timberland, and Clarks, among others. These players adopted product approval, acquisition, product launch, partnership, and expansion to increase market share.
Table of Contents
Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques
Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market
Chapter 3. Footwear Market Outlook
3.1. Footwear Market Segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. Pestle Analysis
3.5. Value Chain Analysis
3.5.1. Raw Type Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and Retailers
3.6. Impact of Russia and Ukraine War On the Global Footwear Market
Chapter 4. Economic Impact of Covid-19
4.1. Overall Impact of Covid-19
4.2. Impact of Covid On the Global Footwear Market
4.3. Economic Impact Analysis
Chapter 5. Footwear Market by Type
5.1. Market Overview
5.2. Athletic
5.2.1. Market Size and Forecast, 2021-2031 ($Million)
5.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.3. Non-athletic
5.3.1. Market Size and Forecast, 2021-2031 ($Million)
5.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 6. Footwear Market by Distribution Channel
6.1. Market Overview
6.2. Hypermarkets/Supermarkets
6.2.1. Market Size and Forecast, 2021-2031 ($Million)
6.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.3. Specialty Store
6.3.1. Market Size and Forecast, 2021-2031 ($Million)
6.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.4. Brand Outlets
6.4.1. Market Size and Forecast, 2021-2031 ($Million)
6.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.5. Online
6.5.1. Market Size and Forecast, 2021-2031 ($Million)
6.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 7. Footwear Market by Material
7.1. Market Overview
7.2. Leather
7.2.1. Market Size and Forecast, 2021-2031 ($Million)
7.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.3. Non-leather
7.3.1. Market Size and Forecast, 2021-2031 ($Million)
7.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 8. Footwear Market by End User
8.1. Market Overview
8.2. Men
8.2.1. Market Size and Forecast, 2021-2031 ($Million)
8.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
8.3. Women
8.3.1. Market Size and Forecast, 2021-2031 ($Million)
8.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
8.4. Children
8.4.1. Market Size and Forecast, 2021-2031 ($Million)
8.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 9. Footwear Market, by Region
9.1. Overview
9.2. North America
9.2.1. Key Market Trends and Opportunities
9.2.2. North America Footwear Market Size and Forecast by Type, 2021-2031, ($Million)
9.2.3. North America Footwear Market Size and Forecast by Distribution Channel, 2021-2031, ($Million)
9.2.4. North America Footwear Market Size and Forecast by Material, 2021-2031, ($Million)
9.2.5. North America Footwear Market Size and Forecast by End User 2021-2031, ($Million)
9.2.6. North America Footwear Market Size and Forecast by Country, 2021-2031, ($Million)
9.2.7. The U.S.
9.2.7.1. U.S. Footwear Market Size and Forecast by Type, 2021-2031, ($Million)
9.2.7.2. U.S. Footwear Market Size and Forecast by Distribution Channel, 2021-2031, ($Million)
9.2.7.3. U.S. Footwear Market Size and Forecast by Material, 2021-2031, ($Million)
9.2.7.4. U.S. Footwear Market Size and Forecast by End User 2021-2031, ($Million)
9.2.8. Canada
9.2.8.1. Canada Footwear Market Size and Forecast by Type, 2021-2031, ($Million)
9.2.8.2. Canada Footwear Market Size and Forecast by Distribution Channel, 2021-2031, ($Million)
9.2.8.3. Canada Footwear Market Size and Forecast by Material, 2021-2031, ($Million)
9.2.8.4. Canada Footwear Market Size and Forecast by End User 2021-2031, ($Million)
9.2.9. Mexico
9.2.9.1. Mexico Footwear Market Size and Forecast by Type, 2021-2031, ($Million)
9.2.9.2. Mexico Footwear Market Size and Forecast by Distribution Channel, 2021-2031, ($Million)
9.2.9.3. Mexico Footwear Market Size and Forecast by Material, 2021-2031, ($Million)
9.2.9.4. Mexico Footwear Market Size and Forecast by End User, 2021-2031, ($Million)
9.3. Europe
9.3.1. Key Market Trends and Opportunities
9.3.2. Europe Footwear Market Size and Forecast by Type, 2021-2031, ($Million)
9.3.3. Europe Footwear Market Size and Forecast by Distribution Channel, 2021-2031, ($Million)
9.3.4. Europe Footwear Market Size and Forecast by Material, 2021-2031, ($Million)
9.3.5. Europe Footwear Market Size and Forecast by End User 2021-2031, ($Million)
9.3.6. Europe Footwear Market Size and Forecast by Country, 2021-2031, ($Million)
9.3.7. Germany
9.3.7.1. Germany Footwear Market Size and Forecast by Type, 2021-2031, ($Million)
9.3.7.2. Germany Footwear Market Size and Forecast by Distribution Channel, 2021-2031, ($Million)
9.3.7.3. Germany Footwear Market Size and Forecast by Material, 2021-2031, ($Million)
9.3.7.4. Germany Footwear Market Size and Forecast by End User 2021-2031, ($Million)
9.3.8. France
9.3.8.1. France Footwear Market Size and Forecast by Type, 2021-2031, ($Million)
9.3.8.2. France Footwear Market Size and Forecast by Distribution Channel, 2021-2031, ($Million)
9.3.8.3. France Footwear Market Size and Forecast by Material, 2021-2031, ($Million)
9.3.8.4. France Footwear Market Size and Forecast by End User 2021-2031, ($Million)
9.3.9. U.K.
9.3.9.1. U.K. Footwear Market Size and Forecast by Type, 2021-2031, ($Million)
9.3.9.2. U.K. Footwear Market Size and Forecast by Distribution Channel, 2021-2031, ($Million)
9.3.9.3. U.K. Footwear Market Size and Forecast by Material, 2021-2031, ($Million)
9.3.9.4. U.K. Footwear Market Size and Forecast by End User 2021-2031, ($Million)
9.3.10. Spain
9.3.10.1. Spain Footwear Market Size and Forecast by Type, 2021-2031, ($Million)
9.3.10.2. Spain Footwear Market Size and Forecast by Distribution Channel, 2021-2031, ($Million)
9.3.10.3. Spain Footwear Market Size and Forecast by Material, 2021-2031, ($Million)
9.3.10.4. Spain Footwear Market Size and Forecast by End User 2021-2031, ($Million)
9.3.11. Italy
9.3.11.1. Italy Footwear Market Size and Forecast by Type, 2021-2031, ($Million)
9.3.11.2. Italy Footwear Market Size and Forecast by Distribution Channel, 2021-2031, ($Million)
9.3.11.3. Italy Footwear Market Size and Forecast by Material, 2021-2031, ($Million)
9.3.11.4. Italy Footwear Market Size and Forecast by End User 2021-2031, ($Million)
9.3.12. Russia
9.3.12.1. Russia Footwear Market Size and Forecast by Type, 2021-2031, ($Million)
9.3.12.2. Russia Footwear Market Size and Forecast by Distribution Channel, 2021-2031, ($Million)
9.3.12.3. Russia Footwear Market Size and Forecast by Material, 2021-2031, ($Million)
9.3.12.4. Russia Footwear Market Size and Forecast by End User 2021-2031, ($Million)
9.3.13. Rest of Europe
9.3.13.1. Rest of Europe Footwear Market Size and Forecast by Type, 2021-2031, ($Million)
9.3.13.2. Rest of Europe Footwear Market Size and Forecast by Distribution Channel, 2021-2031, ($Million)
9.3.13.3. Rest of Europe Footwear Market Size and Forecast by Material, 2021-2031, ($Million)
9.3.13.4. Rest of Europe Footwear Market Size and Forecast by End User 2021-2031, ($Million)
9.4. Asia-Pacific
9.4.1. Key Market Trends and Opportunities
9.4.2. Asia-Pacific Footwear Market Size and Forecast by Country, 2021-2031, ($Million)
9.4.3. Asia-Pacific Footwear Market Size and Forecast by Type, 2021-2031, ($Million)
9.4.4. Asia-Pacific Footwear Market Size and Forecast by Distribution Channel, 2021-2031, ($Million)
9.4.5. Asia-Pacific Footwear Market Size and Forecast by Material, 2021-2031, ($Million)
9.4.6. Asia-Pacific Footwear Market Size and Forecast by End User 2021-2031, ($Million)
9.4.7. China
9.4.7.1. China Footwear Market Size and Forecast by Type, 2021-2031, ($Million)
9.4.7.2. China Footwear Market Size and Forecast by Distribution Channel, 2021-2031, ($Million)
9.4.7.3. China Footwear Market Size and Forecast by Material, 2021-2031, ($Million)
9.4.7.4. China Footwear Market Size and Forecast by End User 2021-2031, ($Million)
9.4.8. India
9.4.8.1. India Footwear Market Size and Forecast by Type, 2021-2031, ($Million)
9.4.8.2. India Footwear Market Size and Forecast by Distribution Channel, 2021-2031, ($Million)
9.4.8.3. India Footwear Market Size and Forecast by Material, 2021-2031, ($Million)
9.4.8.4. India Footwear Market Size and Forecast by End User 2021-2031, ($Million)
9.4.9. Japan
9.4.9.1. Japan Footwear Market Size and Forecast by Type, 2021-2031, ($Million)
9.4.9.2. Japan Footwear Market Size and Forecast by Distribution Channel, 2021-2031, ($Million)
9.4.9.3. Japan Footwear Market Size and Forecast by Material, 2021-2031, ($Million)
9.4.9.4. Japan Footwear Market Size and Forecast by End User 2021-2031, ($Million)
9.4.10. South Korea
9.4.10.1. South Korea Footwear Market Size and Forecast by Type, 2021-2031, ($Million)
9.4.10.2. South Korea Footwear Market Size and Forecast by Distribution Channel, 2021-2031, ($Million)
9.4.10.3. South Korea Footwear Market Size and Forecast by Material, 2021-2031, ($Million)
9.4.10.4. South Korea Footwear Market Size and Forecast by End User 2021-2031, ($Million)
9.4.11. Rest of APAC
9.4.11.1. Rest of APAC Footwear Market Size and Forecast by Type, 2021-2031, ($Million)
9.4.11.2. Rest of APAC Footwear Market Size and Forecast by Distribution Channel, 2021-2031, ($Million)
9.4.11.3. Rest of APAC Footwear Market Size and Forecast by Material, 2021-2031, ($Million)
9.4.11.4. Rest of APAC Footwear Market Size and Forecast by End User 2021-2031, ($Million)
9.5. Rest of the World
9.5.1. Key Market Trends and Opportunities
9.5.2. Rest of the World Footwear Market Size and Forecast by Type, 2021-2031, ($Million)
9.5.3. Rest of the World Footwear Market Size and Forecast by Distribution Channel, 2021-2031, ($Million)
9.5.4. Rest of the World Footwear Market Size and Forecast by Material, 2021-2031, ($Million)
9.5.5. Rest of the World Footwear Market Size and Forecast by End User 2021-2031, ($Million)
9.5.6. Rest of the World Footwear Market Size and Forecast by Country, 2021-2031, ($Million)
9.5.7. Latin America
9.5.7.1. Latin America Footwear Market Size and Forecast by Type, 2021-2031, ($Million)
9.5.7.2. Latin America Footwear Market Size and Forecast by Distribution Channel, 2021-2031, ($Million)
9.5.7.3. Latin America Footwear Market Size and Forecast by Material, 2021-2031, ($Million)
9.5.7.4. Latin America Footwear Market Size and Forecast by End User 2021-2031, ($Million)
9.5.8. Middle East
9.5.8.1. Middle East Footwear Market Size and Forecast by Type, 2021-2031, ($Million)
9.5.8.2. Middle East Footwear Market Size and Forecast by Distribution Channel, 2021-2031, ($Million)
9.5.8.3. Middle East Footwear Market Size and Forecast by Material, 2021-2031, ($Million)
9.5.8.4. Middle East Footwear Market Size and Forecast by End User 2021-2031, ($Million)
9.5.9. Africa
9.5.9.1. Africa Footwear Market Size and Forecast by Type, 2021-2031, ($Million)
9.5.9.2. Africa Footwear Market Size and Forecast by Distribution Channel, 2021-2031, ($Million)
9.5.9.3. Africa Footwear Market Size and Forecast by Material, 2021-2031, ($Million)
9.5.9.4. Africa Footwear Market Size and Forecast by End User 2021-2031, ($Million)
Chapter 10. Competitive Landscape
10.1. Market Overview
10.2. Market Share Analysis/Key Player Positioning
10.3. Developmental Strategy Benchmarking
10.3.1. New Product Development
10.3.2. Product Launches
10.3.3. Business Expansions
10.3.4. Partnerships, Joint Ventures, and Collaborations
10.3.5. Mergers and Acquisitions
Chapter 11. Company Profiles
11.1. Nike
11.1.1. Company Snapshot
11.1.2. Financial Performance
11.1.3. Product offerings
11.1.4. Key Strategic Initiatives
11.1.5. Swot Analysis
11.2. Adidas
11.2.1. Company Snapshot
11.2.2. Financial Performance
11.2.3. Product offerings
11.2.4. Key Strategic Initiatives
11.2.5. Swot Analysis
11.3. Puma
11.3.1. Company Snapshot
11.3.2. Financial Performance
11.3.3. Product offerings
11.3.4. Key Strategic Initiatives
11.3.5. Swot Analysis
11.4. Skechers
11.4.1. Company Snapshot
11.4.2. Financial Performance
11.4.3. Product offerings
11.4.4. Key Strategic Initiatives
11.4.5. Swot Analysis
11.5. Vans
11.5.1. Company Snapshot
11.5.2. Financial Performance
11.5.3. Product offerings
11.5.4. Key Strategic Initiatives
11.5.5. Swot Analysis
11.6. Under Armour
11.6.1. Company Snapshot
11.6.2. Financial Performance
11.6.3. Product offerings
11.6.4. Key Strategic Initiatives
11.6.5. Swot Analysis
11.7. Reebok
11.7.1. Company Snapshot
11.7.2. Financial Performance
11.7.3. Product offerings
11.7.4. Key Strategic Initiatives
11.7.5. Swot Analysis
11.8. Timberland
11.8.1. Company Snapshot
11.8.2. Financial Performance
11.8.3. Product offerings
11.8.4. Key Strategic Initiatives
11.8.5. Swot Analysis
11.9. New Balance
11.9.1. Company Snapshot
11.9.2. Financial Performance
11.9.3. Product offerings
11.9.4. Key Strategic Initiatives
11.9.5. Swot Analysis
11.10. Asics
11.10.1. Company Snapshot
11.10.2. Financial Performance
11.10.3. Product offerings
11.10.4. Key Strategic Initiatives
11.10.5. Swot Analysis
*the List of Company Is Subject To Change During the Final Compilation of the Report
Key Players
- Nike
- Adidas
- Puma
- Skechers
- Vans
- Under Armour
- Reebok
- Timberland
- New Balance
- Asics
- K-Swiss
- Sperry
- Fila
- Ecco
- Clarks
- Steve Madden
- crocs
- Dr. Scholl’s
- Ariat
Market Segments
By Type
- Athletic
- Non-athletic
By Material
- Leather
- Non-leather
By End User
- Men
- Women
- Children
By Distribution Channel
- Hypermarkets/Supermarkets
- Specialty Store
- Brand Outlets
- Online
By Region
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia Pacific
- Central & South America
- Brazil
- Rest of CSA
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of MEA