PUBLISHER: IMARC | PRODUCT CODE: 1642545
PUBLISHER: IMARC | PRODUCT CODE: 1642545
Footwear Market Report by Product, Material, Distribution Channel, Pricing, End User, and Region 2025-2033
The global footwear market size reached USD 251.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 336.5 Billion by 2033, exhibiting a growth rate (CAGR) of 3.3% during 2025-2033. The increasing demand for superior quality footwear, easy availability of unique designs, and the growing number of organized retail outlets represent some of the key factors driving the market. At present, North America holds the largest footwear market share by region, owing to robust retail channels and increasing demand for premium footwear.
Increasing Fashion Consciousness Among Individuals Impelling Market Growth
The footwear market has been experiencing continuous growth on account of the shifting preferences of consumers toward footwear that matches their daily outfits, along with the increasing number of individuals wearing different footwear for different occasions. Vendors are also expanding their catalogue to meet the demand of people. In addition, there is a rise in demand for fashionable footwear that helps in reflecting the individuality of a consumer. There is also an increase in the demand for trendy footwear among women, especially with beads, frills, lace and other intricate work. Moreover, the easy availability of footwear and rising fashion consciousness among people of all age groups contribute considerably in replacement purchases.
Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. The market structure is fragmented with the presence of a few large players operating in the industry due to low product differentiation. The volume of new entrants is also low in the footwear industry due to the presence of a large number of players, minimum capital investments, and easy access to distribution networks.
What is Footwear?
Footwear is worn for providing comfort and protection to the feet. It includes shoes, boots, sandals, and slippers and is manufactured using a wide variety of materials, such as wood, canvas, leather, jute, plastics, and rubber. It protects the feet and provides support while walking or engaging in other activities. In addition, it serves as a fashion statement and is utilized to express personal style. It is also designed to perform specific activities including athletic and non-athletic activities, such as running, hiking, and working. It is commercially available in a wide variety of shapes, sizes, and colors and can also be customized with text, logos, and prints. It can easily decompose in the environment and does not add to landfill wastes or pollute water bodies.
COVID-19 Impact:
The COVID-19 pandemic outbreak resulted in a severe problem for the footwear industry and imposed unprecedented challenges on numerous countries. It also created a serious disturbance in the packaging sector and hampered the supply chains, which resulted in shortages and increments in the price of raw materials. This also caused a significant drop in the production of footwear and order delays for the packaging companies. Moreover, the shutting down of retail outlets led to a decline in the demand for footwear.
Footwear Market Trends:
At present, key market players are extensively investing in marketing strategies, such as celebrity endorsements, social media promotion, and banner advertising, which represent one of the key factors positively influencing the market. In addition, changing consumer preferences and increasing adoption of new technologies are offering lucrative growth opportunities for key market players to introduce innovative designs and features that offer more comfort. Moreover, the rising penetration of high-speed internet and the increasing usage of e-commerce websites through which companies are providing fast and convenient functional experiences to customers, such as secured payment gateways, grievance management, after-sales services, and competitive pricing, is strengthening the market growth. Apart from this, small and local vendors are finding success in reaching premium customers by making their products available online and thus available on a national scale. Additionally, the escalating demand for healthy footwear with orthopedic recommendations that aid in ankle problems and inflammation in the foot is fueling the market.
Key Market Segmentation:
Product Insights:
- Non-Athletic Footwear
- Athletic Footwear
Material Insights:
- Rubber
- Leather
- Plastic
- Fabric
- Others
Distribution Channel Insights:
- Footwear Specialists
- Supermarkets and Hypermarkets
- Departmental Stores
- Clothing Stores
- Online Sales
- Others
Pricing Insights:
- Premium
- Mass
End User Insights:
- Men
- Women
- Kids
Regional Insights:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
- The report has also provided a comprehensive analysis of all the major regional markets, which include North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. According to the report, North America is the largest market for footwear. Some of the factors driving the North American footwear market include the launch of innovative product designs, coupled with the high disposable income levels of the consumers that positively influence the sales of premium products in the region. Furthermore, North America, being the early adopter of the latest fashion trends, gets easy access to all the trending designs and styles of footwear. Also, the easy availability of a wide range of footwear online or in the well-developed retail channels of the region is propelling the market growth.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global footwear market. Some of the companies covered in the report include:
- Nike Incorporation
- Adidas AG
- PUMA
- Geox S.p.A
- Skechers USA, Incorporation
- Timberland
- Crocs Retail, Inc.
- Ecco Sko A/S
- Wolverine World Wide, Inc.
- Under Armour Inc.
Key Questions Answered in This Report
- 1. What was the size of the global footwear market in 2024?
- 2. What is the projection for the footwear industry?
- 3. What are the key factors driving the global footwear market?
- 4. What has been the impact of COVID-19 on the global footwear market?
- 5. What is the breakup of the global footwear market based on the product?
- 6. What is the breakup of the global footwear market based on the material?
- 7. What is the breakup of the global footwear market based on the distribution channel?
- 8. What is the breakup of the global footwear market based on the pricing?
- 9. What is the breakup of the global footwear market based on the end-user?
- 10. What are the key regions in the global footwear market?
- 11. Who are the key players/companies in the global footwear market?
- 12. What are the current trends in the footwear industry?
- 13. Who is the market leader in the footwear industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Footwear Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Breakup by Product
- 5.5 Market Breakup by Material
- 5.6 Market Breakup by Distribution Channel
- 5.7 Market Breakup by Pricing
- 5.8 Market Breakup by End-User
- 5.9 Market Breakup by Region
- 5.10 Market Forecast
6 Market Breakup by Product
- 6.1 Non-Athletic Footwear
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Athletic Footwear
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Material
- 7.1 Rubber
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Leather
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Plastic
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Fabric
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Distribution Channel
- 8.1 Footwear Specialists
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Online Sales
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Supermarkets and Hypermarkets
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Departmental Stores
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Clothing Stores
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Others
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
9 Market Breakup by Pricing
- 9.1 Premium
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Mass
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by End-User
- 10.1 Men
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Women
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 Kids
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
11 Market Breakup by Region
- 11.1 North America
- 11.1.1 Market Trends
- 11.1.2 Market Forecast
- 11.2 Europe
- 11.2.1 Market Trends
- 11.2.2 Market Forecast
- 11.3 Asia Pacific
- 11.3.1 Market Trends
- 11.3.2 Market Forecast
- 11.4 Middle East and Africa
- 11.4.1 Market Trends
- 11.4.2 Market Forecast
- 11.5 Latin America
- 11.5.1 Market Trends
- 11.5.2 Market Forecast
12 SWOT Analysis
- 12.1 Overview
- 12.2 Strengths
- 12.3 Weaknesses
- 12.4 Opportunities
- 12.5 Threats
13 Value Chain Analysis
- 13.1 Overview
- 13.2 Research and Development
- 13.3 Raw Material Procurement
- 13.4 Manufacturing
- 13.5 Marketing
- 13.6 Distribution
- 13.7 End-Use
14 Porters Five Forces Analysis
- 14.1 Overview
- 14.2 Bargaining Power of Buyers
- 14.3 Bargaining Power of Suppliers
- 14.4 Degree of Competition
- 14.5 Threat of New Entrants
- 14.6 Threat of Substitutes
15 Price Analysis
- 15.1 Price Indicators
- 15.2 Price Structure
- 15.3 Margin Analysis
16 Competitive Landscape
- 16.1 Market Structure
- 16.2 Key Players
- 16.3 Profiles of Key Players
- 16.3.1 Nike Incorporation
- 16.3.2 Adidas AG
- 16.3.3 PUMA
- 16.3.4 Geox S.p.A
- 16.3.5 Skechers USA, Incorporation
- 16.3.6 Timberland
- 16.3.7 Crocs Retail, Inc.
- 16.3.8 Ecco Sko A/S
- 16.3.9 Wolverine World Wide, Inc.
- 16.3.10 Under Armour Inc.
List of Figures
- Figure 1: Global: Footwear Market: Major Drivers and Challenges
- Figure 2: Global: Footwear Market: Sales Value (in Billion USD), 2019-2024
- Figure 3: Global: Footwear Market: Breakup by Product (in %), 2024
- Figure 4: Global: Footwear Market: Breakup by Material (in %), 2024
- Figure 5: Global: Footwear Market: Breakup by Distribution Channel (in %), 2024
- Figure 6: Global: Footwear Market: Breakup by Pricing (in %), 2024
- Figure 7: Global: Footwear Market: Breakup by End-User (in %), 2024
- Figure 8: Global: Footwear Market: Breakup by Region (in %), 2024
- Figure 9: Global: Footwear Market Forecast: Sales Value (in Billion USD), 2025-2033
- Figure 10: Global: Footwear Industry: SWOT Analysis
- Figure 11: Global: Footwear Industry: Value Chain Analysis
- Figure 12: Global: Footwear Industry: Porter's Five Forces Analysis
- Figure 13: Global: Footwear (Non-Athletic Footwear) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 14: Global: Footwear (Non-Athletic Footwear) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 15: Global: Footwear (Athletic Footwear) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 16: Global: Footwear (Athletic Footwear) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 17: Global: Footwear (Rubber) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 18: Global: Footwear (Rubber) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 19: Global: Footwear (Leather) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 20: Global: Footwear (Leather) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 21: Global: Footwear (Plastic) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 22: Global: Footwear (Plastic) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 23: Global: Footwear (Fabric) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 24: Global: Footwear (Fabric) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 25: Global: Footwear (Other Materials) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 26: Global: Footwear (Other Materials) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 27: Global: Footwear Market: Sales through Footwear Specialists (in Million USD), 2019 & 2024
- Figure 28: Global: Footwear Market Forecast: Sales through Footwear Specialists (in Million USD), 2025-2033
- Figure 29: Global: Footwear Market: Online Sales (in Million USD), 2019 & 2024
- Figure 30: Global: Footwear Market Forecast: Online Sales (in Million USD), 2025-2033
- Figure 31: Global: Footwear Market: Sales through Supermarkets and Hypermarkets (in Million USD), 2019 & 2024
- Figure 32: Global: Footwear Market Forecast: Sales through Supermarkets and Hypermarkets (in Million USD), 2025-2033
- Figure 33: Global: Footwear Market: Sales through Departmental Stores (in Million USD), 2019 & 2024
- Figure 34: Global: Footwear Market Forecast: Sales through Departmental Stores (in Million USD), 2025-2033
- Figure 35: Global: Footwear Market: Sales through Clothing Stores (in Million USD), 2019 & 2024
- Figure 36: Global: Footwear Market Forecast: Sales through Clothing Stores (in Million USD), 2025-2033
- Figure 37: Global: Footwear Market: Sales through Other Distribution Channels (in Million USD), 2019 & 2024
- Figure 38: Global: Footwear Market Forecast: Sales through Other Distribution Channels (in Million USD), 2025-2033
- Figure 39: Global: Footwear (Premium) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 40: Global: Footwear (Premium) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 41: Global: Footwear (Mass) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 42: Global: Footwear (Mass) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 43: Global: Footwear (Men) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 44: Global: Footwear (Men) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 45: Global: Footwear (Women) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 46: Global: Footwear (Women) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 47: Global: Footwear (Kids) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 48: Global: Footwear (Kids) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 49: North America: Footwear Market: Sales Value (in Million USD), 2019 & 2024
- Figure 50: North America: Footwear Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 51: Europe: Footwear Market: Sales Value (in Million USD), 2019 & 2024
- Figure 52: Europe: Footwear Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 53: Asia Pacific: Footwear Market: Sales Value (in Million USD), 2019 & 2024
- Figure 54: Asia Pacific: Footwear Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 55: Middle East and Africa: Footwear Market: Sales Value (in Million USD), 2019 & 2024
- Figure 56: Middle East and Africa: Footwear Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 57: Latin America: Footwear Market: Sales Value (in Million USD), 2019 & 2024
- Figure 58: Latin America: Footwear Market Forecast: Sales Value (in Million USD), 2025-2033
List of Tables
- Table 1: Global: Footwear Market: Key Industry Highlights, 2024 and 2033
- Table 2: Global: Footwear Market Forecast: Breakup by Product (in Million USD), 2025-2033
- Table 3: Global: Footwear Market Forecast: Breakup by Material (in Million USD), 2025-2033
- Table 4: Global: Footwear Market Forecast: Breakup by Distribution Channel (in Million USD), 2025-2033
- Table 5: Global: Footwear Market Forecast: Breakup by Pricing (in Million USD), 2025-2033
- Table 6: Global: Footwear Market Forecast: Breakup by End-User (in Million USD), 2025-2033
- Table 7: Global: Footwear Market Forecast: Breakup by Region (in Million USD), 2025-2033
- Table 8: Global: Footwear Market Structure
- Table 9: Global: Footwear Market: Key Players
