The global footwear market has seen diversified trends across different geographic regions such as North America, Europe, Asia Pacific, and Rest of the World. The global footwear market is driven by factors such as growing demand for new design of footwear and growing awareness about healthy and active life style. Increasing population, propensity of people to spend more and emerging retail outlets have also attributed to the growing demand for footwear across the global market. Also, there are certain restraints which are slowing down the growth of the global footwear market.
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Worldwide Footwear Market Detailed Analysis and Forecast by 2020
1. Footwear Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2014 - 2020
Published By:
Transparency Market
Research
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2. Report Description
The global footwear market has seen diversified trends across different geographic regions
such as North America, Europe, Asia Pacific, and Rest of the World. The global footwear
market is driven by factors such as growing demand for new design of footwear and growing
awareness about healthy and active life style. Increasing population, propensity of people to
spend more and emerging retail outlets have also attributed to the growing demand for
footwear across the global market. Also, there are certain restraints which are slowing down
the growth of the global footwear market.
Increasing environmental concerns and rising prices of raw material are the main factors
which are acting as restraints for the global footwear market. However, there is a wide
opportunity in the footwear market such as changing consumers’ lifestyle and fashion trends,
emerging role of e-commerce and increasing new brands in the market that would enhance
the demand of footwear market in the coming years.
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3. Scope
The footwear market has been divided into three segments: by types of footwear, by
consumer group, and by geography. Further, the by types of footwear include athletic
footwear and non-athletic footwear. The report also offers competitive analysis about sub-
segment of athletic footwear and non-athletic footwear. Athletic footwear segment offers
products of four categories which include insert shoes, sports shoes, hiking shoes and
backpacking boots. Sports shoes are expected to have the largest market in terms of volume
globally from 2014 to 2020. In terms of value Insert shoes is expected to have the largest
market globally during the forecast period. Non- Athletic footwear segment further includes
three categories which are casual footwear, fashion footwear and formal footwear.
In addition, the report provides strategic analysis of consumer group, which includes men,
women, and kids. The men’s footwear market accounts for maximum market share followed
by women and kids. In terms of value, North America is expected to have the largest market
share for consumer group footwear market from 2014 to 2020. Globally, Asia Pacific accounts
for the maximum share for consumer group footwear market in terms of volume during the
forecast period.
4. Key Players
Some of the top players in the global footwear market are Nike, Adidas, Ascis, Puma, VF Corp,
Skechers and New Balance among others. At present, among the top players in the global
footwear market, Nike is the leading footwear company followed by Adidas and Ascis. Nike
and Adidas have the most number of retail outlets, strong distribution channel, and large
customer base globally. Asics and Puma are popular in the European market where as VF
Corp., Skechers, and New Balance are American companies with strong presence in the
American footwear market.
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