March 30, 2020

Footwear market 2026 | Increasing demand for sports shoes and designer shoes are responsible for the major growth

The report includes forecast and analysis for the Footwear market on a global and regional level. The research gives important data of 2015, 2016 and 2017 along with a projection from 2018 to 2026 based on revenue. The study covers drivers and limitations of the Footwear market along with the impact they have on the trade over the forecast period. Additionally, the report covers the study of possibilities available in the Footwear market on a global level.

Leading Players:  Adidas AG, Nike Inc., Bata Limited, Puma SE, Asics Corporation, VF Corporation, New Balance Athletics, Inc., Deichmann SE, The Columbia Sportswear Company, Polartec, LLC, Skechers USA, Inc., Wolverine World Wide, Inc. among others.

Market Insight:

The global Footwear market is expected to witness a growth of 4.7% CAGR during the forecast period from 2018 to 2026.

Increasing demand for sports shoes and designer shoes are responsible for the major growth of the footwear market. Purchase of footwear has doubled over the past few decades and introduction of different designs and styles has helped in the retention of the customers and grabbed attention of the new customers as well. Rising demand for sports shoes among the health conscious consumers is one of the major factor driving the market growth of footwear. Busy work schedules and sedentary lifestyles results to chronic health problems such as diabetes, obesity among others. This influences people to take part in different physical activities and sports. Major sporting events such Cricket World Cup, Olympics, FIFA among others boost the demand for sports shoes among the athletes and fans. In addition to this, frequent product developments and new product launch are the factors pushing demand for sports shoes. For instance, in 2016 Asics launched high tech running shoes “MetaRun” that grabbed significant number of customer attention.

Based on product type, non-athletic shoes dominated the market in 2017. Loafers & Boat shoes, which falls under the non-athletic shoe category is popular among the consumers across the globe. In 2016, Timberland launched limited edition boat shoes collection, which were dedicated to some of the European countries such as Italy, Germany, France, U.K and Spain. Based on different types of material the market segmented into leather, plastic and synthetic rubber, plant based among others. Leather captured a significant market share in 2017 and expected to display similar trend in the coming years. In 2018, luxury brand Hugo Boss launched vegan pineapple leather men’s shoes. The Company raised concerns towards the growing demand for cruelty-free footwear range by releasing vegan shoes for men. The collection was described as “innovation meets responsible design” and the offering included sneakers in four different colors. 

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The report aims to present a study of Global Footwear Market along with accurate segmentation of market by type, solution, application and five major geographical regions.

The report also tracks the major market functions including product launches, technological advancements, mergers & benefits, and the innovative market tactics opted by key market players. Along with strategically examining the key micro markets, the paper also focuses on industry-specific drivers, restraints, possibilities and challenges in the Footwear market.

The objectives of this report are as follows:

-To present overview of the global Footwear market

-To examine and forecast the global Footwear market on the basis of types, explications, and applications
To present market size and forecast till 2026 for overall Footwear market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub-segmented over respective major countries

-To evaluate market dynamics effecting the market during the projection period i.e., drivers, barriers, opportunities, and coming trend

-To provide exhaustive PEST analysis for all five regions

-To profiles key Footwear players influencing the industry along with their SWOT analysis and market policies

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Study methodology

The research methodology for Credence Research’s Footwear market report utilizes a key of top-down and bottom-up research arrangements. Our initial focus on continuous market tracking, accurate fact-checking, data-triangulation, and multiple layers of quality control assures high-quality data that can be leveraged for actionable study insights.

Business segmentation

This report examines the Footwear market by the following segments:

– Footwear Market, by Application

– Footwear Market, By Technology

– Footwear Market, By Portability

– Footwear Market, By Type of Systems

– Footwear Market, By End Users

– Footwear Market, By Price Segments

Geographic coverage and Report

This market research report covers the following geographic regions in great detail:






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1. Preface
1.1. Report Description
1.1.1. Study Purpose
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Assumptions

2. Executive Summary

3. Footwear: Market Dynamics and Outlook
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Attractive Investment Proposition, by Geography, 2017
3.6. Competitive Landscape, by Key Players, 2017

4. Global Footwear Market, by Material, 2016-2026 (US$ Bn)
4.1. Overview
4.2. Athletic
4.2.1. Running
4.2.2. Tennis
4.2.3. Soccer/Football
4.2.4. Others (hockey, golf, etc.)
4.3. Non-Athletic Footwear
4.3.1. Loafers & Boat Shoes
4.3.2. Dress Shoes
4.3.3. Sandals/Flip-flops
4.3.4. Others (boots, wedges, etc.)

5. Global Footwear Market, by Material, 2016-2026 (US$ Bn)
5.1. Overview
5.2. Plastic
5.3. Synthetic Rubber
5.4. Leather
5.5. Plant Based
5.6. Others (foam, cotton, polyester, etc.)

6. Global Footwear Market, by Distribution Channel, 2016-2026 (US$ Bn)
6.1. Overview
6.2. Hypermarkets
6.3. Online Channels
6.4. Specialty Stores
6.5. Others (Unorganized Stores, etc.)

7. Global Footwear Market, by End-user, 2016-2026 (US$ Bn)
7.1. Overview
7.2. Men
7.3. Women
7.4. Kids

8. Global Footwear Market, by Geography, 2016 – 2026 (US$ Bn)

9. Company Profiles
9.1. Adidas AG
9.1.1. Business Description
9.1.2. Financial Information (Subject to Data Availability)
9.1.3. Product Portfolio
9.1.4. Key Developments
9.2. Asics Corporation
9.3. Bata Limited
9.4. Deichmann
9.5. New Balance Athletics, Inc.
9.6. Nike Inc.
9.7. Polartech, LLC
9.8. Puma SE
9.9. Skechers USA, Inc.
9.10. The Columbia Sportswear Company
9.11. VF Corporation
9.12. Wolverine World Wide, Inc.

……….toc continued

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