Footwear Market Size & Insights
As per recent study by MarkNtel Advisors The Global Footwear Market size was valued at around USD 428 billion in 2024 and is projected to reach USD 564.44 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.72% during the forecast period, i.e., 2025-30.
What are the Key DROs in the Footwear Market?
Growing Popularity of Online Shopping – Due to an increase in the popularity of online shopping platforms and social media, the process of buying footwear has become easy and more accessible. Using social media, people can see what is trending and are more likely to align with current fashion trends, which results in more people buying footwear that is trending. People can now even customize and personalize their products on online shopping platforms which results in a much more unique product and customer satisfaction. This helps people to choose their style based on their preference which makes every product more personalized. Due to online platforms being so popular, various fashion influencers also use them to buy footwear, which makes the trend keep on changing and evolving and then resulting in many more purchases of similar products. Moreover, some brands like Adidas are integrating with Augmented Reality (AR), using which a person can virtually try the product.
What are the Key Segments in the Footwear Market?
The Footwear is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
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How does geographical analysis highlight in the Footwear market?
By Region
According to the research report, Asia-Pacific is projected to witness the highest revenue growth for the forecast period, 2025-30
Who are the Key Players in Footwear Market?
Adidas AG, Asics Corp. Authentic Brands Group LLC (Reebok International Limited), Bata Corporation, Columbia Sportswear, Deichmann SE, ECCO Sko A/S, Fila Holdings Corp., Geox, Jack Wolfskin, New Balance, Nike Inc., Puma SE, Relaxo Footwears Limited, Skechers USA, Inc., The ALDO Group, Timberland, Under Armour, Inc., Wolverine World Wide, Inc. and others
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Footwear Market News
Key pillars of the research methodology include:
“Our methodology reflects the trust businesses place in us. By combining innovation with precision, we deliver not just numbers, but clarity and direction for decision-makers worldwide,” said a spokesperson for MarkNtel Advisors.
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