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Footwear Market Research Report, Upcoming Trends, Demand, Regional Analysis and Forecast 2024

10-16-2020 09:07 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Footwear Market Research Report, Upcoming Trends, Demand,

According to the latest report by IMARC Group titled, “Footwear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global footwear market size reached US$ 227.1 Billion in 2018. Looking forward, the market to reach a value of US$ 266.5 Billion by 2024, registering a CAGR of 2.7% during 2019-2024.

Footwear is a wearable accessory that is either hand-made or produced from a machine. They provide support and stability to the feet, prevent injuries and help in maintaining healthy feet. With changing fashion trends and availability of different shapes, styles, sizes and colors of footwear, consumers nowadays are opting for aesthetically pleasing footwear that provides maximum comfort.

Request for a free sample copy of this report: https://www.imarcgroup.com/footwear-market/requestsample

Growing demand for superior quality footwear, along with product innovation and premiumization, has boosted the sales of footwear across the globe. Also, as people are nowadays more concerned about health and fitness, they are inclining toward athletic and physical activities. As a result, manufacturers are introducing smart shoes that have pressure sensors in the soles and are digitally connected, which help in tracking their performance status. This, along with inflating income levels and shifting consumer preferences toward exclusive designer collections, are expected to create a positive outlook for the market in the coming years.

Explore full report with table of contents: https://www.imarcgroup.com/footwear-market

Report coverage:

Historical, Current and Future Market Trends

Market Breakup by Product:
Non-Athletic Footwear
Athletic Footwear

Market Breakup by Material:
Rubber
Leather
Plastic
Fabric
Others

Market Breakup by Distribution Channel:
Footwear Specialists
Supermarkets and Hypermarkets
Departmental Stores
Clothing Stores
Online Sales
Others

Market Breakup by Pricing
Premium
Mass

Market Breakup by End-User:
Men
Women
Kids

Market Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Nike Incorporation, Adidas AG, PUMA, Geox S.p.A, Skechers USA, Incorporation, Timberland, Crocs Retail, Inc., Ecco Sko A/S, Wolverine World Wide, Inc., Under Armour Inc., etc

Key highlights of the report:

Market Performance
Market Outlook
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Competitive Structure
Profiles of Key Players
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Contact US: IMARC Group
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Email: sales@imarcgroup.com
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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