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Get Market Research Report of Global Footwear - Size, Share, Development, Growth and Demand Forecast to 2023

07-06-2018 12:07 AM CET | Fashion, Lifestyle, Trends

Press release from: P&S Market Research - Consumer Products

Footwear Market

Footwear Market

Footwear is a garment wore in feet. The various materials used in manufacturing footwear are leather, jute, wood, plastic, textiles and rubber. The footwear business is a huge and increasingly diversified business, driven by changing lifestyle and fashion trends. Brand awareness and need for comfort are also fuelling the growth of the global footwear market size. Though the global economic crisis hampered the demand of footwear market in last few years, the global market size of footwear increased over the period due to increased demand from emerging nations.

Get Free Sample Research Report At: https://www.psmarketresearch.com/market-analysis/footwear-market/report-sample

Rising demand for different types of footwear products are paving new opportunities for many manufacturers. With rapid increase in eco-friendly footwear, as consumers favor biodegradable materials that do less damage to the environment than other fabrics, the global footwear market is expanding.

Based on footwear type, the global footwear market can be classified as athletic footwear and non-athletic footwear. Athletic footwear includes aerobics shoes, running shoes, sports (cross training), walking shoes, soccer shoes, tennis shoes, cricket footwear, seasonal boots and others. Non-athletic footwear includes boots, casual, formal and rugged, and waterproof footwear. Some of the athletic footwear brands include Adidas, Asics, Fila, K-Swiss, New Balance, Nike, Puma, Reebok, and Saucony.

On the basis of consumer group, global footwear market can be segmented as men, women and kids. The growth of consumer footwear is driven by fashion trends, increasing consumer spending power and leisure goods.

Some of the factors driving the growth of global footwear market include rising number of younger working population, increasing purchasing power of consumers, growth of fashion conscious population, and rising retail culture.

The global footwear market is witnessing change in consumer preferences, led by style and innovation in design, rising application of wearable technology in footwear, advertisements, celebrity endorsements, health benefit related shoes, and others.

The growing popularity of online footwear retail market (e-commerce) generates further growth opportunity for global footwear market. Whereas, the growing popularity of local manufacturers and pirated products in developing countries pose a challenge to the established players in the global footwear market.

Explore Research Report At: https://www.psmarketresearch.com/market-analysis/footwear-market

Some of the competitors in global footwear market include Timberland Company, Genesco, Inc., Geox SpA, Wolverine Worldwide Inc., Skechers, USA Inc, Nike Inc., Crocs, Under Armour Inc., Esprit Holdings Limited.

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

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