Press release
Top 10 Companies in Footwear Market Worldwide | IMARC Group
The IMARC Group's latest research report, titled "๐ ๐จ๐จ๐ญ๐ฐ๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ, ๐๐ก๐๐ซ๐, ๐๐ข๐ณ๐, ๐๐ซ๐จ๐ฐ๐ญ๐ก, ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐๐-๐๐๐๐", The global footwear market size reached US$ 234.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 314.2 Billion by 2028, exhibiting a growth rate (CAGR) of 3.9% during 2023-2028.
Footwear refers to any article worn on the feet for a variety of purposes, including fashion, hygiene, protection, and comfort. It typically consists of a flexible upper layer made from a range of materials, such as leather, jute, fabric, plastic, rubber, or synthetic materials, as well as a soft sole and heel to support the weight of the wearer. It provides enhanced convenience and comfort, improves mobility, and prevents injuries. As a crucial part of the clothing and apparel industry, it encompasses various products, including shoes, athletic sneakers, sports shoes, luxury footwear, and related goods. These items are available in different patterns, colors, and advanced technical fabrications, providing consumers with ample choices to suit individual styles and practical needs.
๐๐๐ญ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ https://www.imarcgroup.com/footwear-market/requestsample
Footwear Market Growth and Development:
The global footwear industry is experiencing rapid growth driven by the increasing demand for high-quality shoes that provide comfort and convenience. This trend is particularly evident in the sports footwear segment, where manufacturers are launching specialized products for various sports, such as football, cricket, basketball, and golf. Additionally, rising health concerns and the inflating consumer expenditure power are contributing to the market growth. Moreover, governments and global organizations are investing heavily in promoting sports leagues and events, such as the Olympics, FIFA World Cup, and Formula 1 racing, which, in turn, is fueling the market growth. Furthermore, leading players in the industry are funding research and development (R&D) activities to introduce innovative product variants that cater to changing consumer preferences, such as eco-friendly shoes made from sustainable materials and smart shoes that include pressure sensors for easy self-lacing, which is creating a positive outlook for the market.
๐๐ฌ๐ค ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐จ๐ซ ๐๐ง๐ฌ๐ญ๐๐ง๐ญ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐๐ง๐ ๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐๐ & ๐๐ข๐ฌ๐ญ ๐จ๐ ๐ ๐ข๐ ๐ฎ๐ซ๐: https://www.imarcgroup.com/request?type=report&id=1313&flag=C
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐จ๐ฉ ๐ ๐จ๐จ๐ญ๐ฐ๐๐๐ซ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐:
1. Nike Incorporation
Establishment: 1964
Headquarters: Beaverton, United States
2. Adidas AG
Establishment: 1949
Headquarters: Herzogenaurach, Germany
3. PUMA
Establishment: 1948
Headquarters: Herzogenaurach, Germany
4. Geox S.p.A
Establishment: 1995
Headquarters: Montebelluna, Italy
5. Skechers USA, Incorporation
Establishment: 1992
Headquarters: California, United States
6. Crocs Retail, Inc.
Establishment: 2002
Headquarters: Niwot, United States
7. Timberland LLC
Establishment: 1952
Headquarters: Massachusetts, United States
8. Ecco Sko A/S
Establishment: 1963
Headquarters: Bredebro, Southwest Denmark
9. Wolverine World Wide, Inc.
Establishment: 1883
Headquarters: Michigan, United States
10. Under Armour Inc.
Establishment: 1996
Headquarters: Baltimore, United States
Visit Full Blog: https://www.imarcgroup.com/top-companies-footwear-industry
๐๐ฏ๐ผ๐๐ ๐จ๐:
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.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐ฆ:
IMARC Group
134 N 4th St Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
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