Footwear are made up of various materials such as plastic, leather, fabric and rubber which are used to protect the human against environmental adversities such as temperature and ground roughness. The footwear also helps to prevents from foot problems like corns, ingrown toenails, and fungal nail infection. In addition to this, Athletic and Non-Athletic are the two types of footwear which are available for various end users. The global market for footwear has been segmented on the basis of type (Athletic and Non-Athletic), by end user (Men, Women, and Children), and by geographical region.

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The key factors supporting the growth of the global footwear market include increasing disposable income, rising demand for trendy footwear, increasing working women population, and growing demand for comfortable and convenient footwear across the globe. Moreover, growing acceptance of the premium shoes incorporating leather footwear will support the growth of the global footwear market. Increased demand for sport shoes driven by the changing preference towards sport activities will drive the global footwear market. In addition to this, the rising consciousness regarding the physical appearance among the individuals will bolster the global footwear market. Increasing e-commerce platform to deliver broaden range of the product offerings will further propel the growth of the global footwear market in coming years. However, the high availability of counterfeit products may hinder the growth of the global footwear market.

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Based on Type, the Athletic segment is projected to witness a higher CAGR during the forecast period owing to the growing popularity of the sports activity and international game events such as FIFA, Olympics, Common Wealth Games, etc. Moreover, major companies are participating in celebrity endorsement and many other promotional campaigns that will further surge the growth of the athletic segment.

Based on End User, the Women segment is expected to grow at a higher CAGR over the forecast period due to the increasing working population and rising stylish trends across the globe. In addition to this, the increasing disposable income and rising spending on luxury goods especially in Asia-Pacific region, will drive the women segment growth.

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Based on region, the Asia-Pacific is predicted to dominate the market during the forecast period owing to the increasing demand for comfortable and long-lasting footwear. Rising urbanization and high disposable income in the developing economies like China and India will support the market growth. Furthermore, the rising adoption of western culture and increasing penetration of e-commerce platform will bolster the Asia-Pacific region.

Various notable players operating in the market include Nike, Inc., PUMA, Adidas America Inc., Geox S.p.A, Timberland, Skechers USA Incorporation, Ecco Sko A/S, Crocs Retail, Inc., Under Armour Inc., and Wolverine World Wide, Inc., among others.

Key Developments:

• • In 2020, Skechers Collaborated with Goodyear Tire & Rubber Company to build a new technology in order to provide Skechers outsoles with increased stability and durability to consumers.
  • In 2019, Sketchers USA Corp. launched the Sketchers Kids brand for basketball footwear collection in United States. The company launched Shaq by Skechers collection for kids especially for basketball court in US.

The global Footwear market has been segmented based on type, end user, and regions. Based on type, the market is segmented Athletic and Non-Athletic. Based on the end user, the market is segmented Men, Women and Children.

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Key questions answered in this research report:

• • At what pace is the global footwear market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the global footwear market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global footwear market?
  • What are the various end users of the global footwear market and how they are poised to grow?
  • Which Type generated maximum revenues in 2019 and identify the most promising Type during the forecast period?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Type, By End User, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Nike, Inc., PUMA, Adidas America Inc., Geox S.p.A, Timberland, Skechers USA Incorporation, Ecco Sko A/S, Crocs Retail, Inc., Under Armour Inc., Wolverine World Wide, Inc., among others; A total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Footwear Market by Type

• • Athletic
  • Non-Athletic

Global Footwear Market by End User

• • Men
  • Women
  • Children

Global Footwear Market by Region

• • North America Footwear Market (Option 1: As a part of the free 25% customization)
    • North America Market by Type
    • North America Market by End User
    • US Market All-Up
    • Canada Market All-Up
  • Europe Footwear Market (Option 2: As a part of the free 25% customization)
    • Europe Market by Type
    • Europe Market by End User
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Footwear Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Market by Type
    • Asia-Pacific Market by End User
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Footwear Market (Option 4: As a part of the free 25% customization)
    • RoW Market by Type
    • RoW Market by End User
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating the Footwear (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Nike, Inc.
  • PUMA
  • Adidas America, Inc.
  • Geox S.p.A
  • Timberland
  • Skechers USA Incorporation
  • Ecco Sko A/S
  • Crocs Retail, Inc.
  • Under Armour Inc.
  • Wolverine World Wide, Inc.