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Global demand for footwear is forecast to reach 16.3 billion pairs in 2016. The market has been expanding strongly as average annual growth was nearly 13% between 2005 and 2011. However, the market expansion is expected to slow to 10% in the coming years. Currently, the industry is dominated by textile footwear which covers nearly 50% of the demand while leather footwear has 34%, plastic and rubber footwear 2% and other footwear 13% share of the market.