Category: Footwear
Footwear market research reports by Euromonitor International
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Apparel and Footwear in Egypt
Apparel and Footwear in Egypt In Egypt, apparel and footwear are experiencing declining sales volumes despite increasing values, primarily driven by substantial price hikes of 30 to 40% during the first half of 2024. These increases are attributed to economic factors, most notably the devaluation of ... Read More
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Apparel and Footwear in Singapore
Apparel and Footwear in Singapore The apparel and footwear market in Singapore is set to experience a notable slowdown in retail growth in 2024, compared to the robust performance of the previous three years. During 2021–2022, the market rebounded strongly, following the easing of pandemic restricti ... Read More
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Apparel and Footwear in Canada
Apparel and Footwear in Canada In 2024, apparel and footwear in Canada experienced subdued value and volume growth following a strong recovery in 2023. The prior year's momentum was driven by pent-up consumer demand as public COVID-19 restrictions ended in early 2022, along with a surge in immigrati ... Read More
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Footwear in Singapore
Footwear in Singapore Footwear in Singapore is set to experience strong growth in 2024, particularly in current value terms. The active lifestyle trend, which has led to the surging popularity of running and fitness activities, is driving demand for performance-oriented footwear across all age group ... Read More
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Footwear in the Czech Republic
Footwear in the Czech Republic Performance footwear remains one of the leading product areas in 2024, driven primarily by the strong demand for sports-related shoes. Football and running shoes have emerged as some of the fastest-growing categories, as these products appeal not only to athletes but a ... Read More
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Footwear in Denmark
Footwear in Denmark Footwear is recovering from the impact of recent inflationary pressures, when consumption dropped due to higher prices. Since the pandemic, there has been a renewed interest in footwear with consumers returning to lifestyles outside the home. However, the rebound was stifled in 2 ... Read More
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Apparel and Footwear in Denmark
Apparel and Footwear in Denmark Apparel and footwear in Denmark saw a rebound in retail volume sales during 2024 after two years of decline. The Danish economy made a steady recovery amid cooling inflation rates, rising wages and lower interest rates. Consumers have become more inclined to spend on ... Read More
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Footwear in Egypt
Footwear in Egypt Footwear in Egypt is undergoing a notable decline in volume, largely driven by escalating prices amidst challenging economic conditions. In 2024 alone, prices have risen by over 40%, reflecting the rising costs of raw materials such as rubber, textiles, and leather, as well as ramp ... Read More
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Apparel and Footwear in the Czech Republic
Apparel and Footwear in the Czech Republic In 2023, apparel and footwear in the Czech Republic faced challenges due to a post-pandemic slump, compounded by broader geopolitical and economic uncertainties. However, 2024 presents a more optimistic outlook, characterised by a recovery in demand and gro ... Read More
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Footwear in Colombia
Footwear in Colombia Footwear in Colombia is experiencing a period of mixed performance in 2024. Despite a slight decline in retail volume due to rising inflation and economic uncertainty, the sector remains diversified, with key categories such as women’s and children's footwear showing resilience. ... Read More
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Footwear in Argentina
Footwear in Argentina In footwear, customisation is increasingly popular among Argentinians with fashion brands seeking to satisfy this demand. Ricky Sarkany now offers consumers the possibility to buy a fully customised sneaker. On its Sarkany ID website, customers can create a sneaker using augmen ... Read More
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Apparel and Footwear in Colombia
Apparel and Footwear in Colombia Apparel and footwear in Colombia are navigating a complex landscape in 2024 marked by several significant challenges, most notably the cost-of-living crisis, which has been driven by high interest rates, increased energy bills, and ongoing economic and political unce ... Read More
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Apparel and Footwear in Spain
Apparel and Footwear in Spain Retail sales of apparel and footwear in Spain registered a slowdown in growth in both volume and current value terms in 2024, with the high cost of living being the key factor behind this trend. With many households exposed to rising interest rates, given the high conce ... Read More
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Footwear in the Philippines
Footwear in the Philippines As running continues to grow in popularity across the Philippines in 2024, demand for specialised footwear, such as running shoes from brands like Hoka and On, has increased accordingly. These sports footwear brands have captured consumer attention with their functional d ... Read More
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Apparel and Footwear in Malaysia
Apparel and Footwear in Malaysia Sales of apparel and footwear in Malaysia are expected to see positive growth in current value terms in 2024, albeit at a slower pace compared to the previous two years. The rising cost of living is a significant factor impacting the market, with higher production co ... Read More
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Apparel and Footwear in the Philippines
Apparel and Footwear in the Philippines The market for apparel and footwear in the Philippines continues to be strongly influenced by urbanisation, with major shopping destinations such as One Ayala, which opened in late 2022, and Opus Mall, which opened its doors in early 2024, driving retail expan ... Read More
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Footwear in Spain
Footwear in Spain Despite registering growth in both retail volume and current value terms in 2024, the footwear category saw a weaker performance compared to previous years of the review period. Declining disposable incomes, driven by inflation and higher interest rates, are curtailing interest spe ... Read More
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Footwear in Malaysia
Footwear in Malaysia The market for footwear in Malaysia is poised for continued growth in both volume and current value terms in 2024, albeit at a much slower rate than the previous two years. In 2022 and 2023, sales of both men’s and women’s footwear were boosted by the return of consumers to thei ... Read More
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Apparel and Footwear in Japan
Apparel and Footwear in Japan In 2024, apparel and footwear in Japan is expected to see solid retail current value growth, although sales are still anticipated to remain below the pre-pandemic level. In 2024, sales have been heavily influenced by the changing climate. This industry has always been a ... Read More
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Footwear in Japan
Footwear in Japan According to Euromonitor’s travel data, the number of inbound arrivals in Japan experienced a dramatic decline in 2020, followed by another decrease in 2021, which saw arrivals drop to less than 1% of the 2019 figures. However, from 2022 onwards, a rebound began, and with the trans ... Read More
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Footwear in China
Footwear in China Footwear in China is projected to continue growing in 2024, with low single-digit increases expected in both retail volume and current value terms. However, this marks a significant slowdown compared with 2023 and the pre-pandemic growth rates, as post-pandemic economic recovery ha ... Read More
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Footwear in Indonesia
Footwear in Indonesia Sneakers have become a significant part of the footwear market in Indonesia, gaining widespread popularity across all age groups and genders. In recent years, sneakers have evolved from being purely functional to a key element of personal identity, with many consumers selecting ... Read More
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Footwear in Italy
Footwear in Italy Sales of footwear in Italy saw steady growth in 2024 in volume and value terms. This was driven by the robust performance of women’s footwear and men’s footwear, which both saw solid growth in 2024. However, sales of children’s footwear declined in retail volume terms. In 2023 reta ... Read More
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Apparel and Footwear in China
Apparel and Footwear in China Despite seeing a strong rebound in retail current value sales in 2023, following the pandemic-related downturn in 2022, apparel and footwear in China is unlikely to maintain such rapid growth in 2024, with forecasts predicting only a low single-digit increase. The prima ... Read More
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Apparel and Footwear in Indonesia
Apparel and Footwear in Indonesia The Indonesian market for apparel and footwear is expected to register a solid performance in current value terms in 2024. While cost-of-living concerns have moderated growth to some extent, several key factors are contributing to its expansion. One of the major dri ... Read More
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