A steady growth has been foreseen for the footwear market, in light of their increased traction as a fashion accessory, coupled with rising demand for trendy yet comfortable footwear in all age groups. Proliferation in sports participation and changing lifestyles of consumers have resulted in a robust demand for athletic footwear, even among non-athletes. These insights are according to the report titled “Footwear Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025,” added recently to XploreMR’s huge repository.
Remarkable rise in ecommerce in recent years has meant that accessibility and purchases of various consumer goods have been simplified, and footwear are no exception. Easy availability of footwear on online sales platforms, coupled with rising number of online retailers are significantly expected to favor growth of the footwear market in the near future. However, growing number of counterfeit products along with fragmented nature of the footwear market is expected to confine growth prospects of the market to a certain extent.
Footwear Market: Report Synopsis
The report offers an exhaustive analysis and accurate forecast on the footwear market for the period of forecast between 2017 and 2025. Key market dynamics, which include trends, opportunities, hindrances and drivers for growth of the footwear market have been examined and analyzed in detail. Size of the footwear market has been evaluated and offered in terms of volume (Million Units) and value (US$ Mn) for the period 2017 to 2025. An overview of the report has been offered in initial sections, which engulfs a brief introduction to the footwear market, along with a formal definition of the target product – “footwear.”
The report further provides forecast on the footwear market on the basis of the segmental analysis. The report has divided the footwear market into 5 key segments namely, product type, end-use, material, distribution channel, and region. Important market number such as revenues, CAGR and Y-o-Y growth for all the market segments have been offered in the report. The report categorizes the footwear market regionally into North America, Europe, Asia-Pacific (APAC), and rest of the world (ROW). Country-wise analysis and relevant market numbers for the footwear market have also been incorporated in the report.
The report also offers a detailed analysis on the competition landscape of the footwear market, which identifies and profiles key players that significantly contribute to the market expansion. A SWOT analysis is delivered on all the market players profiled, along with analysis on their recent developments, key financials and company overview. Market share comparison, revenue comparison, and Y-o-Y growth comparison has also been offered for the players operating in the footwear market.
Footwear Market: Research Methodology
The report has been developed on the basis of a robust research methodology, which involves extensive primary research via surveys, interviews, and observations of the seasoned analysts. An exhaustive secondary research has also been adhered for gaining insights on the footwear market. The secondary research includes industry body databases, trade journals, and reputable paid sources.
The report also provides a thorough quantitative and qualitative assessment by analyzing data aggregated from the market participants and industry leaders across key points in the value chain. The report has offered projections on the market segments through independent analyses on prevailing trends, regulations & mandates, and micro- and macro-economic indicators.