Footwear Market Dynamics - Exploring Growth, Opportunities
and Technological Advances Up to 2030
A new Report by Delvens, titled "Footwear Market” offers a comprehensive analysis of the
industry, which comprises insights on the Global analysis. The report also
includes competitor and regional analysis, and contemporary advancements in the
market, the global Footwear Market size was estimated at USD 408.0 billion in
2023 and is projected to reach USD 782.2 billion in 2030 at a CAGR of 6.1%
during the forecast to 2030.
Get Free Sample Report:
https://www.delvens.com/get-free-sample/footwear-market
Leather stands out as one of the prominent constituents
employed in the initial rendition of footwear. In the manufacturing of footwear
products, companies like Nike are incorporating eco-friendly raw materials such
as recycled car tires, recycled carpet padding, organic cotton, and
vegetable-dyed leather.
Asia pacific to
Dominate the Market
·
In the year 2022, the market was primarily
controlled by the Asia-Pacific region, which acquired a considerable market
share of 41.9%.
·
The Asia-Pacific market presents a promising
potential for enterprises that specialize in the sale of innovative and unique
footwear merchandise.
Recent Developments
·
VF Corporation established a new regional office
in Harajuku district, Tokyo in order to drive innovative product design and
support expanded business growth across Asia-Pacific.
·
Skechers USA, Inc., established its new flagship
store in Grafton Street, Ireland in order to expand its presence in Ireland.
The prominent players
in the Footwear Market:
·
Adidas AG
·
ASICS Corporation
·
Bata
·
Reebok International Limited
·
ANTA Sports Products Limited
·
Bata India Ltd.
·
Caleres
·
ECCO Sko A/S
·
Feng Tay Enterprises Co., Ltd.
·
Geox s.p.a
·
Deckers Brands
·
Kenneth Cole Productions, Inc.
·
LaCrosse Footwear, Inc.
·
Gucci Group NV
·
Nike Inc.
·
Nine West
·
Puma SE
·
RG Barry Corporation
·
Power Athletics Limited
·
Timberland LLC
·
Weyco Group Inc.
·
Vans, Inc.
·
Wolverine Worldwide, Inc. and More
Key Findings
·
On the basis of type, the segment of individuals
who do not engage in athletic activities exerted significant influence over the
distribution of the Footwear Market Share in the year 2022, capturing more than
fifty percent of the market share.
·
On the basis of material, in 2022, the
non-leather sector exhibited dominance in the market, capturing a majority
portion of the market share.
·
On the basis of end-user, the market in 2022 was
predominantly controlled by the female consumer segment, which managed to
accumulate approximately 50% of the overall market share.
·
The market is also divided into various regions
such as North America, Europe, Asia-Pacific, South America, and Middle East and
Africa. The Asia-Pacific market presents a promising potential for enterprises
that specialize in the sale of innovative and unique footwear merchandise.
Access Full Report: https://www.delvens.com/report/footwear-market
In addition to the
market data for the Footwear Market, Delvens offers client-centric reports
customized according to the company’s specific demand and requirements.
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About Us:
Delvens is a strategic advisory and consulting company
headquartered in New Delhi, India. The company holds expertise in providing
syndicated research reports, customized research reports and consulting
services. Delvens qualitative and quantitative data is highly utilized by each
level from niche to major markets, serving more than 1K prominent companies by
assuring to provide the information on country, regional and global business
environment. We have a database for more than 45 industries in more than 115+
major countries globally.
Delvens database assists the clients by providing in-depth
information in crucial business decisions. Delvens offers significant facts and
figures across various industries namely Healthcare, IT & Telecom,
Chemicals & Materials, Semiconductor & Electronics, Energy,
Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our
company provides an exhaustive and comprehensive understanding of the business
environment.
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