Global Online Footwear Market 2019-2023
- Published: Oct 2018
- Pages: 123
- SKU: IRTNTR30009
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The online footwear market size will grow by over USD 70 billion during 2019-2023. This report offers an analysis of the market based on product segmentation such as non-athletic and athletic footwear. The online footwear market research report further presents in-depth insights on the growth prospects of the market across geographic regions- the Americas, APAC, and EMEA. The report analyzes the market’s competitive landscape and offers information on several companies including Adidas, Amazon, ASICS, eBay, and Nike.
Global Online Footwear Industry Overview
One of the major factors driving the online footwear market growth is the growth of e-commerce and m-commerce. The growing purchasing power parity (PPP) and Internet penetration are resulting in an increased purchase volume of footwear products through online platforms. Moreover, since footwear vendors are leveraging online retail channels to sell their products, which will help them in reducing the fixed capital cost on maintaining physical retail stores. Furthermore, the growing demand for m-commerce and smartphone shopping has resulted in the introduction of many mobile applications and web portals. The sales conversion rate through mobile applications is about three times more than through mobile web browsing, easily contributing to the market growth.
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Top companies in the online footwear market
The online footwear market is fragmented due to the presence of a number of companies. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by these companies, the online footwear industry analysis report will help clients identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of a number of companies including:
Online footwear market growth based on geographic regions
With a complete study of the growth opportunities for companies, our industry research analysts have identified that countries in APAC accounted for the largest share of the market during 2018.
Key highlights of the global online footwear market for the forecast years 2019-2023:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the online footwear market during the next five years
- Precise estimation of the global online footwear market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the online footwear industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive information about factors that will challenge the growth of online footwear companies
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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.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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