Footwear Market 2025 Overview by Key
Regions, Size and Application
“Global Footwear Market Research Report includes
In-depth Analysis of industry by recent technologies,
trends, opportunities, challenges, key players and
business strategies considering types, segment, and
future analysis. ”
12 March, 2019: The Global Footwear Market is anticipated to grow considerably in the forecast period due to the
growing demand for trendy as well as comfortable footwear among all age groups across the globe. Factors responsible
for driving the market growth, in the recent years, include burgeoning demand for designer shoes, increase in the per
capita income in both developed and developing economies, high-end clientele, and growing popularity of the athletic
footwear among men.
Additionally, robust growth in the fashion industry, rising demand for latest and improved footwear designs across the
globe, and large-scale production in the Asia Pacific region are expected to fuel market growth of footwear market in
the upcoming years. Globally, the market is predicted to grow at high CAGR over the forecast period, providing
numerous opportunities for market players to invest for research and development in the footwear market.
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Moreover, declining cost of footwear due to increased production coupled with easy availability are considered as one
of the prominent factors for the rapid growth of footwear market, in the recent years. Easy availability of footwear owing
to the presence of numerous retail channels and the gaining prominence of e-commerce retailers is anticipated to
stimulate market growth in years to come. In addition, various e-commerce retailers are adopting new techniques to