Global Footwear Market: Size, Trends & Forecasts (2020-2024)
- Report Description Table of Contents
Scope of the Report
The report entitled “Global Footwear Market: Size, Trends & Forecasts (2020-2024)”, provides in-depth analysis of the global footwear market, with detailed analysis of market size and growth. The report provides analysis of the footwear market by value, by segment, by end-user, by distribution channel and by region. The report further provides detailed segment and regional analysis of the global footwear market.
Additionally, the report also assesses the key opportunities in the market and outlines the factors that are and would be driving the growth of the industry. Growth of the overall global footwear market has also been forecasted for the years 2020-2024, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Nike Inc., Adidas AG, Puma SE and Skechers USA, Inc. are some of the key operating players in the global footwear market. The four companies have been profiled in the report providing detailed analysis of their financial information and business strategies.
- North America
- Asia Pacific
- Nike Inc.
- Adidas AG
- Puma SE
- Skechers USA, Inc.
The footwear market can be bifurcated into numerous categories according to the type, end-user and distribution channel. According to type, footwear market can be segmented in athletic and non-athletic footwear, according to end-user the market is distributed in three parts men, women and kids. Furthermore, according to distribution channel the market is categorized under two heads online and offline.
The global footwear market has witnessed progressive growth in the past few years and the market is further anticipated to grow at a positive rate during the forecasted period (2020-2024). The growth of the global footwear market would be supported by the growth drivers such as escalating per capita income, rising population, growth in e-commerce sales, surging sneaker demand, bulging outdoor activities demand and swelling demand for designer footwear.
However, the growth of global footwear market is being hindered by various challenges. Some of the distinguished challenges faced by the market are uncertain consumer preference, rapid innovation, etc. Moreover, the market growth would be bolstered by various market trends like budding smart shoes demand, augmented reality and virtual reality technology, rising youth population, evolution of 3D technology etc.