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Footwear Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

  • Writer: Chan Dang
    Chan Dang
  • May 9, 2016
  • 1 min read

The global footwear market has seen diversified trends across different geographic regions such as North America, Europe, Asia Pacific, and Rest of the World. The global footwear market is driven by factors such as growing demand for new design of footwear and growing awareness about healthy and active life style. Increasing population, propensity of people to spend more and emerging retail outlets have also attributed to the growing demand for footwear across the global market. Also, there are certain restraints which are slowing down the growth of the global footwear market. Increasing environmental concerns and rising prices of raw material are the main factors which are acting as restraints for the global footwear market. However, there is a wide opportunity in the footwear market such as changing consumers' lifestyle and fashion trends, emerging role of e-commerce and increasing new brands in the market that would enhance the demand of footwear market in the coming years.

Some of the top players in the global footwear market are Nike, Adidas, Ascis, Puma, VF Corp, Skechers and New Balance among others. At present, among the top players in the global footwear market, Nike is the leading footwear company followed by Adidas and Ascis. Nike and Adidas have the most number of retail outlets, strong distribution channel, and large customer base globally. Asics and Puma are popular in the European market where as VF Corp., Skechers, and New Balance are American companies with strong presence in the American footwear market. Full article can be read here: http://www.prnewswire.com/news-releases/footwear-market---global-industry-analysis-size-share-growth-trends-and-forecast-2014---2020-300150372.html

 
 
 

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