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Footwear Market Booming in Asia-Pacific with Top Key Players: Nike Inc., Adidas AG, PUMA SE, VF Corporation

01-04-2019 01:39 PM CET | Fashion, Lifestyle, Trends

Press release from: Allied Market Research

Footwear market

Footwear market

A rise in demand for fashionable yet comfortable footwear coupled with increasing demand for athletic footwear, is boosting the growth of footwear market in Asia Pacific. At present, non-athletic footwear segment acquires the larger market share, constituting nearly 3/5th of the overall market revenue. However, athletic footwear is expected to witness faster growth during the forecast period. Increasing disposable income, inclination towards innovative designs, and increasing adoption of healthy lifestyle, are the key factors driving the demand of footwear in the region.

Asia Pacific Footwear Market Report, published by Allied Market Research, forecasts that the market is expected to garner $152.9 billion by 2020, registering a CAGR of 4.7% during the period 2015-2020.China is the leading regional footwear market, followed by India.

Different materials such as fur, rubber, leather, and textile fabrics are used in manufacturing of footwear. Based on these, the material market has been categorized into leather and non-leather. Leather segment constitutes over 60% of the market, with China constituting the largest percentage share in the leather footwear market in the region.

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Based on the end -users, the market is segmented into men, women and children. Women by far are the largest consumers of footwear in the region.
The segment is expected to maintain its dominance throughout the forecast period. Market players in this industry are expanding their distribution channels through online platforms and retail stores. Currently, retail store is a popular sales channel, however online segment is expected to witness faster growth during the forecast period.

Key Findings of Asia Pacific Footwear Market:
• China led the market by generating highest revenue in 2014, and would lead the market during 2015-2020
• By type, non-athletic segment was the leading segment in the Asia Pacific footwear market in 2014, and is expected to maintain its dominant position throughout the forecast period
• By end user, children segment is expected to witness the fastest growth during 2015 - 2020

Expansion and product launch are the two key strategies adopted by the leading market players in order to expand their geographical presence and strengthen their product portfolio. The companies are launching new and innovative products in men's category to attract the consumers from this segment. The key players profiled in this report are PUMA SE, Nike Inc., Wolverine World Wide, Inc., Belle International Holding Limited, Adidas AG, ASICS, GEOX S.p.A, VF Corporation, Bata Brands and Woodland Worldwide.

Table of Content:

TABLE 1 ASIA PACIFIC FOOTWEAR MARKET REVENUE BY COUNTRY, 2014-2020 ($MILLION)
TABLE 2 ASIA PACIFIC FOOTWEAR MARKET REVENUE BY MATERIAL, 2014-2020 ($MILLION)
TABLE 3 ASIA PACIFIC LEATHER FOOTWEAR MARKET REVENUE BY COUNTRY, 2014-2020 ($MILLION)
TABLE 4 ASIA PACIFIC NON-LEATHER FOOTWEAR MARKET REVENUE BY COUNTRY, 2014-2020 ($MILLION)
TABLE 5 ASIA PACIFIC FOOTWEAR MARKET REVENUE BY TYPE, 2014-2020 ($MILLION)
TABLE 6 ASIA PACIFIC ATHLETIC FOOTWEAR MARKET REVENUE BY COUNTRY, 2014-2020 ($MILLION)
TABLE 7 ASIA PACIFIC NON-ATHLETIC FOOTWEAR MARKET REVENUE BY COUNTRY, 2014-2020 ($MILLION)
TABLE 8 ASIA PACIFIC FOOTWEAR MARKET REVENUE BY MODE OF SALE, 2014-2020 ($MILLION)
TABLE 9 ASIA PACIFIC RETAIL SALE FOOTWEAR MARKET REVENUE BY COUNTRY, 2014-2020 ($MILLION)
TABLE 10 ASIA PACIFIC ONLINE SALE FOOTWEAR MARKET REVENUE BY COUNTRY, 2014-2020 ($MILLION)
TABLE 11 ASIA PACIFIC FOOTWEAR MARKET REVENUE BY END USER, 2014-2020 ($MILLION)
TABLE 12 ASIA PACIFIC MEN FOOTWEAR MARKET REVENUE BY COUNTRY, 2014-2020 ($MILLION)
TABLE 13 ASIA PACIFIC WOMEN FOOTWEAR MARKET REVENUE BY COUNTRY, 2014-2020 ($MILLION)
TABLE 14 ASIA PACIFIC CHILDREN FOOTWEAR MARKET REVENUE BY COUNTRY, 2014-2020 ($MILLION)
TABLE 15 CHINA FOOTWEAR MARKET REVENUE BY TYPE, 2014-2020 ($MILLION)
TABLE 16 INDIA FOOTWEAR MARKET REVENUE BY TYPE, 2014-2020 ($MILLION)
TABLE 17 JAPAN FOOTWEAR MARKET REVENUE BY TYPE, 2014-2020 ($MILLION)
TABLE 18 INDONESIA FOOTWEAR MARKET REVENUE BY TYPE, 2014-2020 ($MILLION)
TABLE 19 FOOTWEAR MARKET REVENUE IN REST OF ASIA PACIFIC BY TYPE, 2014-2020 ($MILLION)
TABLE 20 SNAPSHOT OF NIKE INC.
TABLE 21 SNAPSHOT OF ADIDAS AG
TABLE 22 SNAPSHOT OF PUMA SE
TABLE 23 SNAPSHOT OF ASICS CORPORATION
TABLE 24 SNAPSHOT OF S.P.A
TABLE 25 SNAPSHOT OF VF CORPORATION
TABLE 26 SNAPSHOT OF WOLVERINE WORLD WIDE, INC.
TABLE 27 SNAPSHOT OF BELLE INTERNATIONAL HOLDING LIMITED
TABLE 28 SNAPSHOT OF BATA BRANDS
TABLE 29 SNAPSHOT OF WOODLAND WORLDWIDE

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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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