Europe Footwear Market to Surpass US$47.6 bn by 2021

On the basis of geography, the European footwear market is segmented into the U.K., Italy, Spain, France, Germany, the Netherlands, and the Rest of the Europe. Of these, the U.K. not only held the leading position in the footwear market in the past, but shall continue to do so through 2021. Germany is anticipated to continue being on the second leading position in the European footwear market. On the basis of gender, the footwear market in Europe will be led by men owing to rising brand consciousness among European men and a growing awareness of fashion. Improved designs and growing advancements in shoes for men will also help drive the growth of this segment in the years to come. The women’s footwear market will also see an upward trend with growing number of working women in Europe.

View and Download TOC of Europe Footwear Market Research Report @ https://www.transparencymarketresearch.com/report-toc/4642

Changing Fashion Trends to Drive Demand

The growing sense of brand consciousness and constantly changing fashion trends continue to remain the two most important drivers for the footwear market. The increasing popularity of sports footwear as opposed to traditional footwear will help drive the growth of the footwear market in Europe. The shift to sports footwear is fueled by the increasing participation in sports activities and also due to an increase in the number of people opting for fitness and physical exercise. Increasing incidences of obesity and various physical issues have created a need for maintaining fitness levels and this has resulted in a growing number of people opting for jogging and other physical exercises. All these factors are proving to be beneficial for the growth of the European footwear market.

Request and Download Sample Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4642

“In addition to this, growing advancements in the footwear manufacturing industry is improving the comfort level of footwear and this is driving the growth prospects of the European footwear industry,” states a TMR analyst. Celebrity endorsements are a key strategy adopted by players in the footwear market and this will help push the sales of footwear among the masses. An overall increase in the disposable income of the people is also estimated to boost the sales of footwear in the years to come.

The study presented here is based on a report by Transparency Market Research (TMR), titled “Footwear Market – (Product Type – Athletic Footwear and Non Athletic Footwear; Gender – Men, Women and Kids) – Europe Industry Analysis Size Share Growth Trend Forecast 2015 – 2021.”

The European footwear market is characterized by the presence of key players such as Nike Inc, Puma SE, Adidas AG, Bata Limited, and Deichmann SE, states Transparency Market Research (TMR) in its new report. A large number of footwear sold in European countries comes from the emerging nations of South East Asia, especially from China. The higher wages, price of materials, and import tariffs set by European nations is increasing the growth opportunities for South-East Asian suppliers. Europe is also looking to achieve reduced costs by working with the suppliers and manufacturers in developing nations.

Buy Full Europe Footwear Market Report @ https://www.transparencymarketresearch.com/checkout.php?rep_id=4642<ype=S

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

This release was published on openPR.