Press release
Women's Luxury Footwear Market to Reach a Value of US$ 30 Bn in 2022
Women's Luxury Footwear Market
Globally, there were 22.4 million HNWIs, and in 2021, their combined wealth totaled US$ 61,275 billion. With over 5.6 million HNWIs, Europe had the highest pace of HNWI population increase. As a result, people have large purchasing power. Additionally, the rise in the number of working women and the inclusion of women in the labour force in nations like Japan, the UK, and France contribute.
In 2022, worldwide sales of women's luxury footwear are mostly contributed by sandals and flats casual as compared to other categories (boots, heels & pumps, and casual, sneakers & sports shoes) in the market.
Request Sample Report@https://www.futuremarketinsights.com/reports/sample/rep-gb-10679
Key Takeaways - Women's Luxury Footwear Market
Europe is expected to remain prominent in the global women's luxury footwear market, owing to high concentration of luxury footwear manufacturers such as JIMMY CHOO PLC, Hermes, Christian Dior, Gucci, Chanel, etc.
The sandals & flats segment is considered as key attributor to the global women's luxury footwear market, which can be attributed to their availability in wide variety of designs.
High exposure of consumers in websites such as Amazon, Walmart, etc., with 10% online penetration rate, support online retail in becoming the most lucrative sales channel.
Increasing number of high-net-worth individuals (HNI) led to a surge in demand for custom footwear. Advancements in technology such as 3D printing and advanced sensors would also push manufacturers to introduce innovative shoe designs.
Top Trends in Women's Luxury Footwear Market
The women's footwear market contributes high market revenue share as compared to men's. Changing lifestyle, growing fashion concern, and celebrity endorsement have a significant impact on the global footwear market. The recent market trends in luxury footwear are - sustainable footwear, smart shoes, and athleisure trends. Different types of prints with huge popularity in the past include animal print boots, florals print, minimalist style heels, feather heels, bright chunky sneakers, big toe sandals, etc.
Competitive Landscape Analysis
The report highlights some prominent players in the global women's luxury footwear market, which include Kering, Burberry, Caleres, Jimmy Choo PLC, and others. Market players primarily focuses on product design and innovation. Maison Baum, a Germany-based luxury footwear manufacturer, launched a pain free high heel in Q1 2019. The company uses its patented footbed technology and an insole with anatomical elevations to shift wearers' weight from the ball of the foot.
Inquire Before Buying This Research Report@https://www.futuremarketinsights.com/ask-question/rep-gb-10679
Key Segments of Women's Luxury Footwear Industry Survey
Women's Luxury Footwear Market by Product:
Women's Luxury Boots
Women's Luxury Heels & Pumps
Women's Luxury Sandals & Flats
Women's Luxury Casuals, Sneakers & Sports Shoes
Women's Luxury Footwear Market by Material:
Rubber Footwear
Leather Footwear
Polyester Footwear
Velvet Footwear
Canvas Footwear
Textile Footwear
Others
Women's Luxury Footwear Market by Price Range:
US$ 300-499
US$ 500-699
US$ 700-999
US$ 1,000-1,299
US$ 1,300-1,599
US$ 1,600 & Above
Women's Luxury Footwear Market by Sales Channel:
Offline Sales of Women's Luxury Footwear
Department Stores
Specialty Stores
Monobrand Stores
Off-price Stores
Others
Online Sales of Women's Luxury Footwear
Women's Luxury Footwear Market by Region
North America Women's Luxury Footwear Market
Latin America Women's Luxury Footwear Market
Europe Women's Luxury Footwear Market
East Asia Women's Luxury Footwear Market
South Asia & Pacific Women's Luxury Footwear Market
Middle East & Africa (MEA) Women's Luxury Footwear Market
Request a Complete TOC of this Report with figures@https://www.futuremarketinsights.com/toc/rep-gb-10679
Contact Us:
Future Market Insights,
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Women's Luxury Footwear Market to Reach a Value of US$ 30 Bn in 2022 here
News-ID: 2733598 • Views: …
More Releases from future maket insights
Affective Computing Market is expected to reach US$ 938 Billion by 2032
As of 2022, the global market for affective computing is estimated to be at a value of US$ 54 Billion and is predicted to reach a value of US$ 938 Billion by 2032. The market is expected to grow at a CAGR of 33% during the forecast period from 2022 to 2032.
Customer interaction solutions that utilize emotional AI-related technologies in retail and healthcare verticals are helping to propel the market growth for…
Smart Hair Brush Market is Predicted to Register a CAGR of 5.8% During the Forec …
The smart hair brush market size is projected to register a CAGR of 5.8% during the forecast period, up from US$ 272 Million in 2021 to reach a valuation of US$ 477.8 Mn by 2032.
The smart hair brush market is anticipated to show promising growth prospects during the forecast period as a result of growing competition. New competitors are offering a variety of options at reasonable pricing to fulfil the…
Residential Dishwashers Market is Projected to Record a CAGR of 7.1% During 2022 …
The global residential dishwashers market is projected to record a CAGR of 7.1% from 2022 to 2032.Consumers are now more aware of the advantages of utilizing residential dishwashers due to the increased appliance penetration rates. The shifting customer preferences for sanitization tools have had a significant impact on the demand for domestic dishwashers.
The main factor encouraging the global adoption of household dishwashers has been identified as sanitising the utensils by…
Hair Serums Ingredient Market to expand at a 9% CAGR through 2032
The global hair serums ingredient market is expected to garner a market value of US$ 1,171.36 Million in 2022, while recording a CAGR of 9% during the 2022-2032 forecast period. By 2032, sales of hair serums ingredients are expected to reach US$ 2,772.96 Million.
Hair serums are one of the most popular products in the cosmetics market. Because a busy lifestyle leaves little time for personal care, hair serums are utilised…
More Releases for Footwear
Industrial Safety Footwear Market By Product Type (Leather Footwear, Plastic Foo …
Industry Outlook and Trend Analysis
The Industrial Safety Footwear Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. Industrial footwear is intended for the security of laborers utilized in ventures, for example, construction, mining, transportation, oil & gas, pharmaceutical, chemicals, and manufacturing. The shift toward specialist security has made colossal interest for modern footwear in various businesses. Different progressing technological advancements,…
Industrial Footwear Market by Product Type (Waterproof Footwear, Leather Footwea …
Industrial footwear is designed for the safety of workers employed in industries such as mining, construction, oil & gas, transportation, pharmaceutical, manufacturing, and chemicals. The shift toward worker safety has created huge demand for industrial footwear in different industries.
Access Full Report: https://www.alliedmarketresearch.com/industrial-footwear-market
Various ongoing technological developments, such as use of lighter composite materials in the manufacturing of footwear, have resulted in increase in demand of these industrial footwear. Key players…
North America's Footwear Market By Type (Athletic footwear and non-athletic foot …
Researchmoz added Most up-to-date research on "North America's Footwear Market By Type (Athletic footwear and non-athletic footwear) By Gender (Men's Footwear, Women's Footwear)" to its huge collection of research reports.
The North America footwear market is categorized into athletic and non-athletic footwear. Athletic footwear refers to all kinds of footwear designed for sports purpose or for other forms of physical exercises which includes insert shoes, sports (Cross Training), hiking shoes and…
Footwear 2017 - Footwear Market (By Product Type: Athletic Footwear, Non-Athleti …
"Footwear Market (By Product Type: Athletic Footwear, Non-Athletic Footwear; By Gender: Men’ Footwear, Women’s Footwear, Kids’ Footwear) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect.
Description-
The global footwear industry has been experiencing rapid expansion, primarily due to rapid demand for new and innovative footwear products worldwide. Due to advancements in manufacturing…
Footwear Market By Type (Athletic footwear and non-athletic footwear) By Gender …
The footwear market in North America is being influenced by the introduction of new innovations and styles within the different categories of footwear. The rising count of athletes and the increasing shift towards staying fit and active are the major factors propelling the growth of the North America footwear market. The increasing sense of fashion in this region is also impacting the market positively. In addition, the increasing count of…
North America Footwear Market By Type (Athletic footwear and non-athletic footwe …
The North America footwear market is categorized into athletic and non-athletic footwear. Athletic footwear refers to all kinds of footwear designed for sports purpose or for other forms of physical exercises which includes insert shoes, sports (Cross Training), hiking shoes and backpacking boots for men, women and children. Non-athletic footwear includes all kinds of footwear which can be classified into dress formal, casual footwear and fashion footwear.
Browse The Report:…
