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Asia Pacific Footwear Market (Covid-19 update) 2020 | Deep analysis of the market with Top Key Players and Future Forecasts To 2020
Asia Pacific Footwear Market
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Asia Pacific Footwear industry has witnessed a robust growth in the last few years. There has been a growing demand for both sports as well as fashionable footwear, driven by the factors of increasing health consciousness, creative designs and increasing disposable income. Among the countries in Asia-Pacific, China is the leading market holding major share, followed by India. In addition, China is the largest footwear exporter to countries such as Canada, United States, United Kingdom, and Germany among others.
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The Asia Pacific footwear market is segmented by type, mode of sale, material, end user and country. By material, the market is segmented into: leather and non-leather. The leather segment led the material segment of footwear market in Asia Pacific, holding around 65% of the total market revenue in 2014. By type, the market is segmented into athletic and non-athletic, where non-athletic footwear segment leads the market by type. Further, the report also covers the market by mode of sale, which is further segmented into online and retail sales. At present, retail stores are the most popular medium for sale of footwear. However, online platforms are expected to witness fast growth as compared to retail stores in the coming years due to the increasing trend of online shopping. By end user, women segment is the largest revenue contributor in Asia-Pacific footwear market.
The major players profiled in this report are PUMA, Nike Inc., Adidas AG, Belle International Holdings Limited, ASICS, VF Corporation, Wolverine Worldwide, Inc., GEOX S.p.A, Bata Brands and Woodland Worldwide.
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