Global Footwear Market: Analysis of Opportunities Offered by High Growth Economies, Review till 2022

A freshly compiled business intelligent report, titled “Footwear Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been publicized to the vast archive of Fact.MR online repository. This 170-page study delivers all the vital details and information required to know about footwear market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.

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Footwear comprises various kinds of shoes designed for men, women, and children. Footwear consists of all types of shoes meant for both indoor and outdoor use and the different materials used are leather, natural rubber, synthetic rubber, EVA, PVC, PU, PU, textile, satin, jute, and canvas. Footwear can be premium, super-premium, economical and for fashion, casual use, therapeutic use, athletic, or protective use. The Fact.MR report has profiled the global footwear market from 2017-2022 and it is poised to record a modest CAGR of 4.5% and be worth almost half a billion dollars by 2022.

Close Call between Casual and Occupational Segment in Footwear Market

The casual and occupational segment are both of a similar size and consist of slightly over a fifth of revenue share in the footwear market. While companies could seek to target teenagers in terms of the former, the latter would primarily be aimed at both ‘blue collar’ and ‘white collar’ workers. The casual footwear segment is on track to grow with a robust CAGR of 5.9% in Europe and companies are highly advised to target the continent. On the other hand, APEJ would be a better region to sell occupational shoes as the economic and population growth rate is higher, leading to millions of people joining the workforce every month. APEJ alone is estimated to contribute approx. US$ 30 billion to the occupational shoe segment in the footwear market by end 2022, making it imperative for companies to be present in this dynamic and highly volatile region.

Fashion Segment Critical in the Footwear Market

The fashion segment represents more than a quarter of the revenue in the footwear market in terms of product type and is predicted to become even more crucial going forward. This is primarily because footwear is seen as more of a ‘lifestyle or fashion’ statement now instead of mere protection for one’s feet. A market opportunity of more than US$ 120 billion in 2022 is enough for all existing as well as potential key stakeholders in the footwear market. The highly populous APEJ region accounts for almost a third of the revenue contribution in the fashion segment of the footwear market and it is expected to retain this position.

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Table of Content:

1. Global Footwear Market – Executive Summary
2. Global Footwear Market Overview
2.1. Introduction
2.1.1. Global Footwear Market Taxonomy
2.1.2. Global Footwear Market Definition
2.2. Global Footwear Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Footwear Market Y-o-Y Growth
2.3. Global Footwear Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region

3. Global Footwear Market Analysis and Forecast By Product Type
3.1. Global Footwear Market Size and Forecast By Product Type, 2012-2022
3.1.1. Casual Footwear Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Fashion Footwear Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region

Continued….

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