Global Market of Footwear market is on Track to Record a Modest CAGR of 4.5%, Analyzed till 2022

Fact.MR Fact.MR

Rockville, US, 2018-Jun-01 — /EPR Network/ — The rapidly expanding footwear market is the focus of a new report added to the market intelligence repository of Fact.MR. This 170-page broad study is headlined as Footwear Market Research Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” which noticeably examines the prospects of the global footwear industry till the end of 2022, using the market’s development trajectory in the recent past as the key indicator of actionable insights into the market’s growth pattern. A blend of primary & secondary research has been implemented for offering estimates and forecasts on the concerned market.

Get A Free Sample Copy of Report@ https://www.factmr.com/connectus/sample?flag=S&rep_id=120

Footwear has well and truly come a long way from being considered a mere commodity. The sheer variety in terms of colors, materials, and types have truly transformed the global footwear market in the last few years. Today, men, women, and even children seek out footwear that is chic, comfortable, stylish, and most importantly, aligns perfectly with their tastes and sensibilities. Footwear is now seen as an ‘extension of self’ and also helps define its wearer, for better or for worse. Thus, the future of the footwear market is extremely bright indeed.

Key Points of the Global Footwear Market:

1- The leather segment accounts for a revenue share of just under a fifth in the footwear market by product type. Even though the price of leather footwear can be a major impediment in the footwear market, the segment is anticipated to be worth more than US$ 85 billion by the end of the forecast period. Even though APEJ has the largest regional contribution, Europe should grow at a much higher CAGR because the continent has a heritage in leather footwear and a number of companies with decades of expertise have their base of operations there.

2- Natural rubber is estimated to be more popular than synthetic rubber in the footwear market as it has a revenue share of more than a fifth in the footwear market. Latin America is likely to record a robust CAGR of 5% in the natural rubber segment and companies are advised to target their natural rubber derived footwear to customers in this emerging region. In the case of synthetic rubber, Europe and APEJ represent a much more lucrative opportunity as they have the largest contribution in this segment of the footwear market by a considerable margin.

3- The economy segment is approx. 2/5th of the footwear market by price-based segment and is projected to retain this position. The economy segment is worth almost US$ 190 billion by the end of 2022, making it a segment large enough for both existing as well as potential entrants in the footwear market. APEJ is predicted to be the largest opportunity in the economy segment because this region has consumers that are more price-sensitive than either Europe or North America. However, this certainly not mean that Europe can be completely ignored as it is the second-largest market for economy footwear and should even grow with a higher CAGR than APEJ.

Browse Full Report with TOC@ https://www.factmr.com/report/120/footwear-market

Table of Contents:

  1. Global Footwear Market – Executive Summary2. Global Footwear Market Overview

    2.1. Introduction
    2.1.1. Global Footwear Market Taxonomy
    2.1.2. Global Footwear Market Definition
    2.2. Global Footwear Market Size (US$ Mn) and Forecast, 2012-2022
    2.2.1. Global Footwear Market Y-o-Y Growth
    2.3. Global Footwear Market Dynamics
    2.3.1. Drivers
    2.3.2. Restraints
    2.3.3. Trends
    2.4. Supply Chain
    2.5. Cost Structure
    2.6. Pricing Analysis
    2.7. Raw Material Sourcing Strategy and Analysis
    2.8. List of Distributors
    2.9. Key Participants Market Presence (Intensity Map) By Region

  2. Global Footwear Market Analysis and Forecast By Product Type 
    3.1. Global Footwear Market Size and Forecast By Product Type, 2012-2022
    3.1.1. Casual Footwear Market Size and Forecast, 2012-2022
    3.1.1.1. Revenue (US$ Mn) Comparison, By Region
    3.1.1.2. Market Share Comparison, By Region
    3.1.1.3. Y-o-Y growth Comparison, By Region

Continued……..

Request Methodology of the Report@ https://www.factmr.com/connectus/sample?flag=RM&rep_id=120

About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Get More Industry Insights At: https://www.linkedin.com/company/factmr

Matched content

Editor’s pick