By Revenue and Volume, Global Footwear Market is Expected to Reach USD 258.22 billion and 12.11 billion units respectively in 2023


ResearchMoz added Latest Research Report titled ” Footwear Market (By Product Type: Athletic Footwear, Non-Athletic Footwear; By Gender: Men’ Footwear, Women’s Footwear, Kids’ Footwear) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023 ” to it’s Large Report database.

The global footwear industry has been experiencing rapid expansion, primarily due to rapid demand for new and innovative footwear products worldwide. Due to advancements in manufacturing processes, technology innovation and integration, modern, trendy, and comfortable shoes are being continuously developed at reasonable prices in order to keep pace with the growing demand for these products.

Rising sports activity has significantly increased the focus on sportswear globally. Different international brands are merging sportswear with fashion wear nowadays. In addition, there has been a surge in health and fitness activities among consumers worldwide, particularly in running and other sports. Thus, leading sports brands are continuously involved in the manufacturing of technically sophisticated and innovative products. On account of their changing lifestyles, men and women are wearing sports-inspired footwear in daily life. Versatility, comfort, and style are some of the major factors driving the appeal of sportswear, which in turn is likely to propel the growth of the footwear market globally.

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An overall rise in the retail culture is triggering the growth of global footwear market. Factors such as great diversity in the footwear market and easy availability of products in many retail outlets are anticipated to encourage impulse buying of these products. Different brands as well as retailers are re-orienting their focus on this market, which has led to a significant increase in the number of retail outlets worldwide. Moreover, there has been noteworthy growth in the advertising and marketing related investments made by different brands. Internet retailing is also gaining prominence for the purchase of footwear across different cities. This channel is gaining popularity for the purposes of shopping for women’s footwear as well as sports footwear.

However, increasing production of counterfeit footwear products by local manufacturers is hindering the growth of the global footwear market. These duplicate products are hampering the distribution channel and are leading to a negative impact on the overall growth of the market.

This market research study analyzes the global footwear market and provides estimates in terms of revenue (USD Million) and volume (Million Units) from 2014 to 2023. It recognizes the drivers and restraints affecting the industry and analyzes their impact over the forecast period from 2015 to 2023. Moreover, it identifies the significant opportunities for market growth in the years to come.

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Table of Content

Chapter 1 Preface
1.1 Report description
1.2 Research scope
1.3 Research methodology

Chapter 2 Executive Summary

Chapter 3 Footwear Market Overview
3.1 Introduction
3.2 Key trends analysis
3.3 Market dynamics
3.3.1 Market drivers
3.3.1.1 Increasing focus on sportswear
3.3.1.2 Increasing retail culture
3.3.2 Market Restraints
3.3.2.1 Increase in counterfeit products
3.3.3 Market opportunities
3.3.3.1 Rising demand for innovative footwear products
3.4 Supply chain analysis
3.4.1 Raw material suppliers
3.4.1 Original equipment manufacturers
3.4.1 Distributors
3.4.1 End Users
3.5 Distribution channel

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