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Market Overview of Global Footwear market:
According to our latest research, the global Footwear market looks promising in the next 5 years. As of 2022, the global Footwear market was estimated at USD 446943.04 million, and it's anticipated to reach USD 590423.75 million in 2028, with a CAGR of 4.75% during the forecast years.
Factors such as supply shortages caused by the epidemic, logistics obstruction, and rising costs have directly led to high probability fluctuations in the prices of shoe-making and leather-making raw materials in the short term. According to data, the Footwear Leather Price Index has been in a downward trend since the beginning of 2020. At the same time, people's lifestyles and consumption concepts will undergo a series of changes after the epidemic. For example, they may pay more attention to health and comfort, and pursue a balance between cost-effectiveness and quality. The demand for innovative, comfortable and cost-effective raw materials by shoe factories It is expected to increase significantly.
The epidemic has had a great impact on the production and foreign trade industries. For foreign trade shoe companies, due to the impact of the global epidemic, foreign trade orders have generally been substantially reduced before, and some manufacturers have been or are about to fall into the dilemma of suspension of production due to insufficient orders. Entering June, the United States and other major footwear exporting countries have experienced repeated epidemics, bringing the prospects of footwear exports into crisis again. On the whole, the epidemic has had a collateral impact on the entire ecological chain of production, warehousing, export, and sales in the shoe industry. The pressure on storage is particularly serious, and the overseas market has great resistance. However, there are different sales channels for foreign trade to domestic sales, there are big differences in craftsmanship, customer groups have different aesthetics, and the risk of foreign trade shoes transformation is also higher.
Region Overview:
In 2021, the share of the Footwear market in Asia Pacific stood at 51.24%.
Company Overview:
Nike Inc. is one of the major players operating in the Footwear market, holding a share of XX% in 2022.
Nike Inc.
The company's sporting goods are all-encompassing, such as clothing, footwear, and sports equipment. NIKE is a world-renowned sports brand. The English original meaning is the Greek goddess of victory. The Nike logo is a small hook. Nike has always regarded it as a glorious task to inspire every athlete in the world and offer the best products for them. Nike's first air cushion technology has brought a revolution to the sports world. The sports shoes manufactured by using this technology can well protect the knees of athletes and reduce the impact on the knees when they are landing on strenuous exercise.
Adidas
The adidas brand is firmly rooted in sports and has a long tradition. The brand's product portfolio in the "sports performance" and "sports inspiration" categories is very broad, from major global sports to strongly regional anchor sports and local sneaker culture. This makes adidas cross cultural boundaries and become one of the most famous and outstanding brands in the world in sports and street sports.
Segmentation Overview:
As for product types, the Non-Athletic segment held the largest market share in 2021.
Application Overview:
The market's largest segment by application is the segment Male, with a market share of 55.08% in 2021.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Footwear market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Footwear Market Report:
Market Size Estimates: Footwear market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Footwear market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Footwear market
Segment Market Analysis: Footwear market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Footwear market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Footwear Market: Revenue and sales volume of major countries in each region
Footwear Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Footwear market in major regions.
Footwear Industry Value Chain: Footwear market raw materials & suppliers, manufacturing process, distributors, downstream customers
Footwear Industry News, Policies & Regulations
Key players in the global Footwear market are covered in Chapter 12:
VF Corporation
Under Armour, INC.
Anta Sports
ECCO Sko A/S
GEOX S. p. A
PUMA
Wolverine worldwide Inc.
Deckers Outdoor Corporation
Bata Ltd
Gucci
Crocs, Inc
Asics Corporation
New Balance Inc.
SKECHERS
Nike Inc.
Adidas
Xtep
Li Ning
In Chapter 2 and Chapter 15.1, based on types, the Footwear market from 2018 to 2028 is primarily split into:
Athletic
Non-Athletic
In Chapter 3 and Chapter 15.2, based on applications, the Footwear market from 2018 to 2028 covers:
Male
Female
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Footwear market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028