Footwear Market by Product, End-user, Distribution Channel, and Geography - Forecast and Analysis 2021-2025

  • Published: May 2021
  • Pages: 120
  • SKU: IRTNTR40599
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The footwear market value is projected to grow by $ 16.85 bn at a CAGR of 1.13% during 2021-2025.

The footwear market report extensively covers market segmentations by Product (Non athletic footwear and Athletic footwear), End-user (Women, Men, and Children), Distribution Channel (Offline and Online), and Geography (APAC, North America, Europe, South America, and MEA) and potential market drivers that the vendors are capitalizing on to sustain profitable growth. Furthermore, read about the latest key findings on the post COVID-19 impact on the market from this report.

What will the Footwear Market Size be in 2021?

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Footwear Market: Key Drivers and Trends

Based on our research output, there has been a  impact on the market growth during and post COVID-19 era. The rising demand for exclusive designer collections is notably driving the footwear market growth, although factors such as rising labor cost and fluctuating raw material prices may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the footwear market get your FREE report sample now.

This footwear market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Footwear Market Vendors?

The footwear market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles covered in the report are as follows:

  • adidas AG
  • ASICS Corp.
  • Burberry Group Plc
  • New Balance Athletics Inc.
  • Nike Inc.
  • PUMA SE
  • Skechers USA Inc.
  • Under Armour Inc.
  • VF Corp.
  • Wolverine World Wide Inc.

From our Porter’s five forces analysis study, get detailed insights on the functional involvement of the buyers and suppliers to form well-rounded knowledge about the supply chain and create cost reduction plans. The footwear market analysis report also contains exhaustive observation on the organic and inorganic growth strategies deployed by the vendors. Click here to uncover details of successful business strategies adopted by the vendors.

Furthermore, our research experts have outlined the magnitude of the economic impact on each segment and recovery expectations post pandemic. To recover from post COVID-19 impact, market vendors should create strategies to grab business opportunities from the fast-growing segments, while refining their scope of growth in the slow-growing ones.

For insights on complete key vendor profiles, download a free sample of the footwear market forecast report. The profiles include information on the production, sustainability, and prospects of the leading companies. The report's vendor landscape section also provides industry risk assessment in terms of labor cost, raw material price fluctuation, and other parameters, which is crucial for effective business planning.

Which are the Key Regions for Footwear Market?

Footwear Market Share by Geography

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US, China, UK, Germany, France, and India are the key markets for footwear market in APAC. Learn about the key, emerging, and untapped markets from our footwear market size, share, & trends analysis report for targeting your business efforts toward promising growth regions. 38% of the market’s growth will originate from APAC during the forecast period.

APAC has been recording significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in APAC is design and material innovations leading to product premiumization. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Footwear Market?

Footwear Market Share by Product

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The footwear market report provides comprehensive understanding of the subsets of our target market to earmark niche customer groups and simplify demographic requirements. In addition, the report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency. The footwear market share growth by the __ segment has been significant and is expected to provide significant growth opportunities to market vendors.

This report provides thorough footwear market segment analysis that will help you gauge the existing competition, demographics, lucrative target customer groups, solutions to improve sales and services, and other crucial market intelligence data. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment and the growth of the footwear market size.

Footwear Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 1.13%

Market growth 2021-2025

$ 16.85 billion

Market structure

Fragmented

YoY growth (%)

-0.72

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 38%

Key consumer countries

US, China, UK, Germany, France, and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

adidas AG, ASICS Corp., Burberry Group Plc, New Balance Athletics Inc., Nike Inc., PUMA SE, Skechers USA Inc., Under Armour Inc., VF Corp., and Wolverine World Wide Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Factors Covered in this Footwear Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive footwear market growth during the next five years
  • Precise estimation of the footwear market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the footwear market across APAC, North America, Europe, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of footwear market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Non athletic footwear - Market size and forecast 2020-2025
    • Athletic footwear - Market size and forecast 2020-2025
    • Market opportunity by Product

    Market Segmentation by End-user

    • Market segments
    • Comparison by End user
    • Women - Market size and forecast 2020-2025
    • Men - Market size and forecast 2020-2025
    • Children - Market size and forecast 2020-2025
    • Market opportunity by End user

    Market Segmentation by Distribution channel

    • Market segments
    • Comparison by Distribution channel
    • Offline - Market size and forecast 2020-2025
    • Online - Market size and forecast 2020-2025
    • Market opportunity by Distribution channel

    Customer landscape

    • Customer Landscape

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2020-2025
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor landscape
    • Landscape disruption
    • Competitive scenario

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • adidas AG
    • ASICS Corp.
    • Burberry Group Plc
    • New Balance Athletics Inc.
    • Nike Inc.
    • PUMA SE
    • Skechers USA Inc.
    • Under Armour Inc.
    • VF Corp.
    • Wolverine World Wide Inc.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
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    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
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    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
    Get your FREE sample now!
    The footwear market growth will increase by $-27.35 billion during 2019-2024.
    The footwear market is expected to grow at a CAGR of -1.70% during 2019-2024.
    Technavio has segmented the footwear market by product (Non-athletic footwear and Athletic footwear) ,end user (Women, Men, and Children) , and distribution channel (Offline and Online).
    adidas AG, ASICS Corp., Burberry Group PLC, New Balance Athletics Inc., Nike Inc., PUMA SE, Skechers USA Inc., Under Armour Inc., VF Corp., Wolverine World Wide Inc. are a few of the key vendors in the footwear market.
    MEA will register the highest growth rate of 6.44% among the other regions. Therefore, the footwear market in MEA is expected to garner significant business opportunities for the vendors during the forecast period.
    • US
    • China
    • UK
    • Germany
    • France
    • India
    The key factors driving the footwear market growth are:
    • Design and material innovations leading to product premiumization
    The footwear market vendors should focus on grabbing business opportunities from the non-athletic footwear segment as it accounted for the largest market share in the base year.
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