Footwear Market is Garner $371.8 Billion, Globally, by 2020

Footwear Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $371.8 billion by 2020, registering a CAGR of 5.5% during the period 2015 - 2020.The Asia Pacific region is a major exporter of leather footwear to the United States and United Kingdom and ranks as the highest revenue generating region in the footwear market worldwide. The region generated a revenue of $116.9 billion in 2014, and is expected to grow at a CAGR of 4.7% during the forecast period. A global increase in disposable incomes, growing urbanization and changing lifestyles are key factors that boost the growth of the global footwear market.

Athletic and non-athletic are the two major types of footwear, wherein non-athletic footwear holds a larger market share in comparison with athletic footwear. Both the segments would witness growth during the forecast period, on account of the growing consciousness of fitness, which subsequently boosts the market of athletic footwear; and the large demand of non-athletic footwear such as casual shoes, boots, sneakers, slip-ons, flip flops and formal shoes.

The raw materials that are commonly used in the manufacturing of footwear include suede leather, tanned leather, rubber, and fur and textile fabrics. Leather footwear accounts for larger market share as compared to the non-leather footwear made of materials such as rubber, textile fabrics and similar others. The United Kingdom and United States are major importers of leather footwear.

Presently, retail stores are a significant sales channel for manufacturers,
however, with growing e-commerce networks, the online platform would gain popularity over the forecast period.

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Key Findings of Footwear Market:
• Increasing disposable incomes and changing lifestyles are some key factors that influence the market growth over the forecast period (2015 - 2020)
• Leather segment accounted for around 60% of the market in 2014 and would continue to dominate the market throughout the analysis period; Non-leather segment, with relatively smaller market share would witness faster growth during 2015 - 2020
• Asia Pacific accounts for the highest revenue generating region in the global market and would continue to lead the market over the forecast period
Product launch and partnerships are the two key strategies adopted by leading market players. Additionally, the market players are constantly in the process of conceptualizing effective strategies for marketing and branding their products across global events such as the Olympics, Formula One Grand Prix and Wimbledon among others. The key players profiled in this report are Nike Inc., Adidas AG, PUMA, GEOX S.p.A, SKECHERS USA, Inc., Under Armour, INC., Wolverine World Wide, Inc., Timberland, Crocs Retail, Inc., and ECCO Sko A/S.

List of Tables:

TABLE 1 WORLD FOOTWEAR MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 2 WORLD FOOTWEAR MARKET REVENUE BY TYPE, 2014-2020 ($MILLION)
TABLE 3 WORLD ATHLETIC FOOTWEAR MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 4 WORLD NON-ATHLETIC FOOTWEAR MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 5 WORLD FOOTWEAR MARKET REVENUE BY MODE OF SALE, 2014-2020 ($MILLION)
TABLE 6 WORLD RETAIL FOOTWEAR MARKET SALE REVENUE BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 7 WORLD ONLINE FOOTWEAR MARKET SALE REVENUE BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 8 WORLD FOOTWEAR MARKET REVENUE BY GENDER, 2014-2020 ($MILLION)
TABLE 9 WORLD MEN FOOTWEAR MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 10 WORLD WOMEN FOOTWEAR MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 11 WORLD CHILDREN FOOTWEAR MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 12 WORLD FOOTWEAR MARKET REVENUE BY MATERIAL, 2014-2020 ($MILLION)
TABLE 13 WORLD LEATHER FOOTWEAR MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 14 WORLD NON-LEATHER FOOTWEAR MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 15 NORTH AMERICA FOOTWEAR MARKET REVENUE BY TYPE, 2014-2020 ($MILLION)
TABLE 16 EUROPE FOOTWEAR MARKET REVENUE BY TYPE, 2014-2020 ($MILLION)
TABLE 17 ASIA-PACIFIC FOOTWEAR MARKET REVENUE BY TYPE, 2014-2020 ($MILLION)
TABLE 18 LAMEA FOOTWEAR MARKET REVENUE BY TYPE, 2014-2020 ($MILLION)
TABLE 19 SNAPSHOT OF NIKE INCORPORATION
TABLE 20 SNAPSHOT OF ADIDAS AG
TABLE 21 SNAPSHOT OF PUMA
TABLE 22 SNAPSHOT OF S.P.A
TABLE 23 SNAPSHOT OF SKECHERS USA, INCORPORATION
TABLE 24 SNAPSHOT OF TIMBERLAND
TABLE 25 SNAPSHOT OF CROCS RETAIL, INC.
TABLE 26 SNAPSHOT OF ECCO SKO A/S
TABLE 27 SNAPSHOT OF WOLVERINE WORLD WIDE, INC.
TABLE 28 SNAPSHOT OF UNDER ARMOUR INC.

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