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Footwear Market - Industry Overview, 2020

Footwear market is estimated to garner revenue of $371.8 billion by 2020 & is segmented by Type (Athletic, Non Athletic), Material (Leather,Non leather) & Mode of Sale (Retail Sales, Online Sales)

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Footwear Market - Industry Overview, 2020

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  1. Global Footwear Market To Garner $371.8 Billion By 2020 | CAGR 5.5% Global Opportunity Analysis And Industry Forecast, 2014 - 2020

  2. Footwear Market Overview • Global Footwear Market is expected to garner $371.8 billion by 2020, registering a CAGR of 5.5% during the forecast period 2015 - 2020. • Footwear industry is growing at a steady pace since the past few years. Analysis of the report includes various types of footwear including athletic and non-athletic shoes used by individuals of all age groups and gender. The rising demand for fancy, trendy yet comfortable footwear among all age groups is a key factor driving the global footwear industry. The global footwear market is segmented by type of footwear, end users of footwear, various platforms for sale of footwear, material used, and their sales across various geographies. Asian countries, such as China and India are major exporters of leather footwear across developed countries (UK and US). The report explains material used for manufacturing footwear, which includes leather and non-leather; and analyzes the market for both types of footwear. • Request Sample Report: • Leather footwear are premium products occupying a significant market share in the global market for footwear. Additionally, rising health concerns are influencing individuals to perform indoor and outdoor physical activities.

  3. Key Players • Market players are also focusing on expanding their sales channels through different web portals across various regions. Online platforms for purchase of footwear are gaining steady popularity among teenagers and youths, thereby occupying a significant share among all distribution channels. Presently, manufacturers are focusing on developing and innovating new products, to maintain their market positions. Leading companies operating in the market, such as Adidas, Timberland, Nike, and ECCO among others are constantly devising new solutions and focusing on providing better services while upgrading the designs of their existing footwear models. • The key players profiled in this report are Nike Inc., Adidas AG, PUMA, GEOX S.p.A, SKECHERS USA, Inc., Under Armour, INC., Wolverine World Wide, Inc., Timberland, Crocs Retail, Inc., and ECCO Sko A/S. • In April 2015, PUMA launched a lightweight football boot featuring Japanese dragon Graphics for soccer lover. The launch helped the company increase more customers for football shoes manufactured by the company. The shoe industry is set to scale new heights amidst a dynamic competitive landscape. Additionally, companies are using various platforms, such as Olympic Games, F1 car racing events and are collaborating with international sports platforms in a bid to promote themselves worldwide. In July 2014, Adidas collaborated with Manchester United to promote its brand among football teams. This partnership provided necessary platform for Adidas to reinforce their brand image on international sports platform, thereby making considerable additions to their brand.

  4. Key Market Segment Of Footwear Market The market is segmented by type, mode of sale, gender, material and geography. Market By Material Market By Geography Market By Type Market By Mode Of Sale Market By End User Athletic Retail Sales Men Leather North America Non Athletic Online Sale Women Non leather Europe Children Asia-Pacific LAMEA

  5. Key Benefits Of Footwear Market The report includes an in-depth footwear industry analysis, including information about current footwear market trends, such as high demand for stylish and trendy footwear among individuals of all age groups. Factors affecting the demand for children footwear have been analyzed to offer insights based on consumer groups. Report highlights the changing market dynamics, such as changing lifestyles, rise in disposable incomes of individuals across all regions, expected trends and market intelligence. Porter’s Five Forces analysis illustrates the potency of buyers and sellers operating in the market, and would help in developing effective strategies Value chain analysis of the industry provides a clear view of the key intermediaries and value additions at every stage in the chain.

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