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Overview of Footwear Market with Top Players Analysis, Latest Trends, Pricing and Growth Forecast till 2022

02-20-2018 01:52 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

An increasing disposable income, new and innovative design trends, and a desire to be in sync with the latest fashion trends are all expected to benefit the global footwear market. The demand for footwear will only grow in the days ahead as companies continuously update their product portfolio to retain their competitive edge in the footwear market, making it an extremely dynamic and fast-changing market where nothing can be taken for granted. This report, compiled by Fact.MR, provides in-depth analysis of the global footwear market for the forecast period 2017-2022, and offers key insights about future market direction.

Footwear comprises various kinds of shoes designed for men, women, and children. Footwear consists of all types of shoes meant for both indoor and outdoor use and the different materials used are leather, natural rubber, synthetic rubber, EVA, PVC, PU, PU, textile, satin, jute, and canvas. Footwear can be premium, super-premium, economical and for fashion, casual use, therapeutic use, athletic, or protective use.

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The Fact.MR report has profiled the global footwear market from 2017-2022 and it is poised to record a modest CAGR of 4.5% and be worth almost half a billion dollars by 2022.

Fashion Segment Critical in the Footwear Market
The fashion segment represents more than a quarter of the revenue in the footwear market in terms of product type and is predicted to become even more crucial going forward. This is primarily because footwear is seen as more of a ‘lifestyle or fashion’ statement now instead of mere protection for one’s feet. A market opportunity of more than US$ 120 billion in 2022 is enough for all existing as well as potential key stakeholders in the footwear market. The highly populous APEJ region accounts for almost a third of the revenue contribution in the fashion segment of the footwear market and it is expected to retain this position.

Close Call between Casual and Occupational Segment in Footwear Market
The casual and occupational segment are both of a similar size and consist of slightly over a fifth of revenue share in the footwear market. While companies could seek to target teenagers in terms of the former, the latter would primarily be aimed at both ‘blue collar’ and ‘white collar’ workers. The casual footwear segment is on track to grow with a robust CAGR of 5.9% in Europe and companies are highly advised to target the continent. On the other hand, APEJ would be a better region to sell occupational shoes as the economic and population growth rate is higher, leading to millions of people joining the workforce every month. APEJ alone is estimated to contribute approx. US$ 30 billion to the occupational shoe segment in the footwear market by end 2022, making it imperative for companies to be present in this dynamic and highly volatile region.

Competition Analysis
The report also profiles companies that are expected to remain active in the expansion of the footwear market through 2022, which include Nike, Adidas, PUMA, Under Armor, Crocs, ALDO group, ASICS Corporation, and Deichmann SE.

Browse Full Report with TOC- https://www.factmr.com/report/120/footwear-market

Table of Content:
1. Global Footwear Market - Executive Summary

2. Global Footwear Market Overview
2.1. Introduction
2.1.1. Global Footwear Market Taxonomy
2.1.2. Global Footwear Market Definition
2.2. Global Footwear Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Footwear Market Y-o-Y Growth
2.3. Global Footwear Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
3. Global Footwear Market Analysis and Forecast By Product Type
3.1. Global Footwear Market Size and Forecast By Product Type, 2012-2022
3.1.1. Casual Footwear Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Fashion Footwear Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
3.1.3. Occupational Footwear Market Size and Forecast, 2012-2022
3.1.3.1. Revenue (US$ Mn) Comparison, By Region
3.1.3.2. Market Share Comparison, By Region

Continued….

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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