Press release
Leather Footwear Market Expected to Reach US$ 163590 Million by 2028 with a CAGR of 2.8%
Due to the COVID-19 pandemic, the global Leather Footwear market size is estimated to be worth US$ 140440 million in 2021 and is forecast to a readjusted size of US$ 163590 million by 2028 with a CAGR of 2.8% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Leather Footwear market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Leather Footwear landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
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One of the key driving factors expected to impact the leather footwear market positively is the rising income among consumers. Lifestyles are improving with increasing consumer spending. With a surging working class population, demand for formal shoes especially made of leather is expected to grow at a steady rate. One of the main challenges for manufacturers of leather footwear products is the timely availability of pure raw material. On the other hand, the number of leather footwear manufacturers is rising in the developing economies, and countries such as India are increasingly multiplying their cottage and small scale industries, creating an opportunity in the leather footwear market.
Key Players Mentioned in the Global Leather Footwear Market Research Report:
Salvatore Ferragamo S.p.A.
Allen Edmonds
Hermès International S.A.
Kering S.A.
Bruno Magli
LVMH
Cole Haan
Genesco Inc.
Prada Holding B.V.
and Crockett & Jones
Global Leather Footwear Market by Type:
Leather
Leather Alternatives
Global Leather Footwear Market by Application:
Male
Female
Kids
Europe held the largest market share of 31.0% in 2018. High importance of footwear in European countries is anticipated to drive the growth. U.K. accounted for approximately 13.0% of the market share in 2018. In the U.K., leather footwear accounts for 49.0% of the total footwear market. Formal shoes segment is anticipated to perform well in the region due to the growing middle class, more women at work, increasing shopping centers, and easy online purchases.
Asia Pacific is the fastest growing market with a CAGR of 5.1% from 2019 to 2025. Factors such as growing economies, rising number of low-middle class, rapid expansion of international footwear chains, and growing working-class population are expected to fuel the growth. High internet penetration and rapid rise in online sales are expected to further fuel the regional market. For men leather footwear formal shoes, ankle-high boots with slim lasts, sturdy lace-up boots, rounded Chelsea, and robust biker boots were the prominent products in the region.
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Table of content:
1 Leather Footwear Market Overview
1.1 Product Overview and Scope of Leather Footwear
1.2 Leather Footwear Segment by Type
1.2.1 Global Leather Footwear Sales Growth Rate Comparison by Type (2022-2028)
1.2.2 Leather
1.2.3 Leather Alternatives
1.3 Leather Footwear Segment by Application
1.3.1 Global Leather Footwear Sales Comparison by Application: (2022-2028)
1.3.2 Men
1.3.3 Women
1.4 Global Leather Footwear Market Size Estimates and Forecasts
1.4.1 Global Leather Footwear Revenue 2017-2028
1.4.2 Global Leather Footwear Sales 2017-2028
1.4.3 Leather Footwear Market Size by Region: 2017 Versus 2021 Versus 2028
2 Leather Footwear Market Competition by Manufacturers
2.1 Global Leather Footwear Sales Market Share by Manufacturers (2017-2022)
2.2 Global Leather Footwear Revenue Market Share by Manufacturers (2017-2022)
2.3 Global Leather Footwear Average Price by Manufacturers (2017-2022)
2.4 Manufacturers Leather Footwear Manufacturing Sites, Area Served, Product Type
2.5 Leather Footwear Market Competitive Situation and Trends
2.5.1 Leather Footwear Market Concentration Rate
2.5.2 The Global Top 5 and Top 10 Largest Leather Footwear Players Market Share by Revenue
2.5.3 Global Leather Footwear Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.6 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Leather Footwear Retrospective Market Scenario by Region
3.1 Global Leather Footwear Retrospective Market Scenario in Sales by Region: 2017-2022
3.2 Global Leather Footwear Retrospective Market Scenario in Revenue by Region: 2017-2022
3.3 North America Leather Footwear Market Facts & Figures by Country
3.3.1 North America Leather Footwear Sales by Country
3.3.2 North America Leather Footwear Revenue by Country
3.3.3 U.S.
3.3.4 Canada
3.4 Europe Leather Footwear Market Facts & Figures by Country
3.4.1 Europe Leather Footwear Sales by Country
3.4.2 Europe Leather Footwear Revenue by Country
3.4.3 Germany
3.4.4 France
3.4.5 U.K.
3.4.6 Italy
3.4.7 Russia
3.5 Asia Pacific Leather Footwear Market Facts & Figures by Region
3.5.1 Asia Pacific Leather Footwear Sales by Region
3.5.2 Asia Pacific Leather Footwear Revenue by Region
3.5.3 China
3.5.4 Japan
3.5.5 South Korea
3.5.6 India
3.5.7 Australia
3.5.8 Taiwan
3.5.9 Indonesia
3.5.10 Thailand
3.5.11 Malaysia
3.5.12 Philippines
3.5.13 Vietnam
3.6 Latin America Leather Footwear Market Facts & Figures by Country
3.6.1 Latin America Leather Footwear Sales by Country
3.6.2 Latin America Leather Footwear Revenue by Country
3.6.3 Mexico
3.6.4 Brazil
3.6.5 Argentina
3.7 Middle East and Africa Leather Footwear Market Facts & Figures by Country
3.7.1 Middle East and Africa Leather Footwear Sales by Country
3.7.2 Middle East and Africa Leather Footwear Revenue by Country
3.7.3 Turkey
3.7.4 Saudi Arabia
3.7.5 U.A.E
4 Global Leather Footwear Historic Market Analysis by Type
4.1 Global Leather Footwear Sales Market Share by Type (2017-2022)
4.2 Global Leather Footwear Revenue Market Share by Type (2017-2022)
4.3 Global Leather Footwear Price by Type (2017-2022)
5 Global Leather Footwear Historic Market Analysis by Application
5.1 Global Leather Footwear Sales Market Share by Application (2017-2022)
5.2 Global Leather Footwear Revenue Market Share by Application (2017-2022)
5.3 Global Leather Footwear Price by Application (2017-2022)
6 Key Companies Profiled
6.1 Caleres
6.1.1 Caleres Corporation Information
6.1.2 Caleres Description and Business Overview
6.1.3 Caleres Leather Footwear Sales, Revenue and Gross Margin (2017-2022)
6.1.4 Caleres Leather Footwear Product Portfolio
6.1.5 Caleres Recent Developments/Updates
6.2 Adidas
6.2.1 Adidas Corporation Information
6.2.2 Adidas Description and Business Overview
6.2.3 Adidas Leather Footwear Sales, Revenue and Gross Margin (2017-2022)
6.2.4 Adidas Leather Footwear Product Portfolio
6.2.5 Adidas Recent Developments/Updates
6.3 Nike
6.3.1 Nike Corporation Information
6.3.2 Nike Description and Business Overview
6.3.3 Nike Leather Footwear Sales, Revenue and Gross Margin (2017-2022)
6.3.4 Nike Leather Footwear Product Portfolio
6.3.5 Nike Recent Developments/Updates
6.4 Reebok
6.4.1 Reebok Corporation Information
6.4.2 Reebok Description and Business Overview
6.4.3 Reebok Leather Footwear Sales, Revenue and Gross Margin (2017-2022)
6.4.4 Reebok Leather Footwear Product Portfolio
6.4.5 Reebok Recent Developments/Updates
6.5 Puma
6.5.1 Puma Corporation Information
6.5.2 Puma Description and Business Overview
6.5.3 Puma Leather Footwear Sales, Revenue and Gross Margin (2017-2022)
6.5.4 Puma Leather Footwear Product Portfolio
6.5.5 Puma Recent Developments/Updates
7 Leather Footwear Manufacturing Cost Analysis
7.1 Leather Footwear Key Raw Materials Analysis
7.1.1 Key Raw Materials
7.1.2 Key Suppliers of Raw Materials
7.2 Proportion of Manufacturing Cost Structure
7.3 Manufacturing Process Analysis of Leather Footwear
7.4 Leather Footwear Industrial Chain Analysis
8 Marketing Channel, Distributors and Customers
8.1 Marketing Channel
8.2 Leather Footwear Distributors List
8.3 Leather Footwear Customers
9 Leather Footwear Market Dynamics
9.1 Leather Footwear Industry Trends
9.2 Leather Footwear Market Drivers
9.3 Leather Footwear Market Challenges
9.4 Leather Footwear Market Restraints
10 Global Market Forecast
10.1 Leather Footwear Market Estimates and Projections by Type
10.1.1 Global Forecasted Sales of Leather Footwear by Type (2023-2028)
10.1.2 Global Forecasted Revenue of Leather Footwear by Type (2023-2028)
10.2 Leather Footwear Market Estimates and Projections by Application
10.2.1 Global Forecasted Sales of Leather Footwear by Application (2023-2028)
10.2.2 Global Forecasted Revenue of Leather Footwear by Application (2023-2028)
10.3 Leather Footwear Market Estimates and Projections by Region
10.3.1 Global Forecasted Sales of Leather Footwear by Region (2023-2028)
10.3.2 Global Forecasted Revenue of Leather Footwear by Region (2023-2028)
11 Research Finding and Conclusion
12 Methodology and Data Source
12.1 Methodology/Research Approach
12.1.1 Research Programs/Design
12.1.2 Market Size Estimation
12.1.3 Market Breakdown and Data Triangulation
12.2 Data Source
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Author List
12.4 Disclaimer
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