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Footwear Market Revenues expects 1.5x growth with a 4% CAGR during 2021-2031. E-commerce presence & influencers boost the sales of fashionable footwear market.<br>
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Copyright © Fact.MR All Rights Reserved Footwear Market Size, Share Analysis by Product Type, by Price Range, by Sales Channel, by Region - Global Forecast to 2031
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ResearchMethodology Research & Intelligence Data Collection Actionable Insights Data Filter & Analysis Business Solution 1 Market profiling 2 Formulating discussion guide • Identifying key opinion leaders • Questionnaire design • In-depth interviews • Coverage across value chain 3 A Developing list of respondents • Key industry experts • Channel study • Developments • Market dynamics • Products • Conclusions Primary Research 4 SOLUTION Data collection • Market participants • Key strengths • Product portfolio • Mapping as per value chain • Key focus segments B 5 Desk Research Data validation 6 C Data analysis Primary Research # • Secondary Research # • Paid Publications# Company Analysis • Linkedin • Zoominfo • Salesforce • Avention • Company websites • Company annual reports • White papers • Financial reports • Factiva • GBI • Genios • Meltwater 7 Insights Systematic Research Approach Copyright © Fact.MR All Rights Reserved
Report Scope & Segmentation A recently published Fact.MR report on the footwear market establishes that the market is poised to witness healthy growth in 2021, with long-term growth rate between 2021 and 2031 following a CAGR of 4% to reach a valuation of US$ 640 Bn. As consumers become more aware about the latest trends, demand for fashion footwear is anticipated rise over the forecast period. Additionally, surging incidences of foot and joint pain is opening up avenues in the medical footwear category. Report Scope Digital Remittance Copyright © Fact.MR All Rights Reserved
Key Takeaways • The global footwear market is anticipated to add 1.5x value by 2031 as compared to 2021. • By product type, sales of athletic footwear likely to reach US$ 83 Bn by 2022 • Online sales of footwear was valued at US$ 21.4 Bn as of 2020 • In 2020, U.S footwear sales reached US$ 91 Bn, expected to rise further in the future • China to emerge as the champion in athletic footwear, accounting for over 10% of the global market • Fashion footwear to account for around 1/4th of the global market revenue • India emerging as an attractive destination for prominent footwear manufacturers • “Increased innovation scale to incorporate multifunctionality in footwear for various purposes in anticipated to generate significant growth potential in the global market in the forthcoming years,” comments a Fact.MR analyst. Get To Know More About The Market Copyright © Fact.MR All Rights Reserved
Competitive Landscape • Nike Inc. • Adidas AG • PUMA SE • Sketchers U.S.A. Inc. • Under Armor Inc. • Wolverine Worldwide Inc. • Crocs Inc. • ASICS Corporation • Deichmann SE • The ALDO Group Inc. (indicative list) Request For Sample Report Copyright © Fact.MR All Rights Reserved
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