Footwear Market, By Category (Athletic Footwear(Aerobics Shoes, Atheleisure Footwear, Running Shoes, Walking Shoes), Sports (Cross Training)(Baseball Footwear, Basketball Footwear, Soccer Shoes, Tennis Shoes, Cricket Footwear, Other Sports Shoes), Hiking

Footwear Market, By Category (Athletic Footwear(Aerobics Shoes, Atheleisure Footwear, Running Shoes, Walking Shoes), Sports (Cross Training)(Baseball Footwear, Basketball Footwear, Soccer Shoes, Tennis Shoes, Cricket Footwear, Other Sports Shoes), Hiking Shoes(Other Athletics Footwear, Outdoor / Rugged Footwear, Trekking and Walking Boots, Seasonal Boots, Specialty Boots, Mountaineering Boots), Backpacking Boots(Approach Shoes, Hiking Boots, Technical Shoes), Non Athletic Footwear), By Consumer Group (Men, Women, Kids), By Retail Distribution (Store Based, Non Store), By Regions (North America, Europe, Asia Pacific, Rest Of World) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Global footwear market is going to be dictated by the wide assortment of product innovation and product improvement. Technological, geographical, and marketing space are the three main determining factors as to which the market is categorized. Men's footwear is witnessing a number of technological innovations like faster-paced production, innovative styles, and quality materials. On the other hand, women's footwear will be defined by the variety of products, designs, styles, price, and functionality.
The footwear market is booming due to the increasing demand in the consumers and also the introduction of new styles that have become very popular among the women. Some of the major reasons that have led to the positive forecast period in the apparel industry are: the rise in global economy; better consumer spending power; increase in disposable income of consumers; and introduction of various new styles and brands. There are also some other factors that have helped in the successful movement of the market such as: the rising popularity of brands; introduction of online shopping; and an enhancement in the business infrastructure.
Market Dynamics:
Launch of new products is expected to propel growth of the global footwear market over the forecast period. For instance, in September 2021, Nike launched annual Oklahoma Sooners-themed shoe collection.
R&D of AI-powered footwear is expected to offer lucrative growth opportunities for players in the global footwear market. For instance, in December 2021, Plantiga Technologies, an AI-powered human movement intelligence company, partnered with Original Footwear, a manufacturer of occupational and tactical footwear for military, law enforcement and first responders, to build AI-powered occupational footwear.
Key features of the study:
This report provides in-depth analysis of the global footwear market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global footwear market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Nike Inc., Under Armor Inc., Skechers, USA Inc., Puma AG, Crocs Inc., Geox SpA, Wolverine Worldwide Inc., and Adidas AG
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global footwear market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global footwear market
Detailed Segmentation:
Research Team
Category
Athletic Footwear
Aerobics Shoes
Atheleisure Footwear
Running Shoes
Walking Shoes
Sports (Cross Training)
Baseball Footwear
Basketball Footwear
Soccer Shoes
Tennis Shoes
Cricket Footwear
Other Sports Shoes
Hiking Shoes
Other Athletics Footwear
Outdoor / Rugged Footwear
Trekking and Walking Boots
Seasonal Boots
Specialty Boots
Mountaineering Boots
Backpacking Boots
Approach Shoes
Hiking Boots
Technical Shoes
Non Athletic Footwear
Consumer Group
Men
Women
Kids
Retail Distribution
Store Based
Non Store