According to a new report, Global Footwear Market, published by KBV Research, the Global Footwear Market is expected to reach $425.2 billion by 2022, growing at a CAGR of 6.2% during 2016 -2022.The Asia Pacific market dominated the Footwear Market, globally, in 2015, and would grow at a CAGR of 5.4% during the forecast period. However, North America market is expected to grow at CAGR of 6.3% during 2016-2022.
The Non-Athletic market contributed the larger revenue share to the Footwear Market, worldwide, in 2015, and would grow at a CAGR of 6.4% during the forecast period. The Athletic market is anticipated attain a market size of $184.9 billion by 2022.The Women market would reach a market size of $209.0 billion by 2022, growing at a CAGR of 5.8% during the forecast period.
The Retail is anticipated to reach a market size of $215.8 billion by 2022, growing at a CAGR of 4.2% during the forecast period. The Online market would attain a market size of $209.4 billion by 2022.
The report highlights the footwear market, globally.Based on the Type, the Global Footwear market is segmented into Athletic and Non-Athleticsegments. Based on the End User, the market is bifurcated into Men, Women and Childrensegments. The global Footwear market is further segmented into Retail and Online segments based on the Mode of Sale. Further, the market is segmented into Leather and Non-Leather segments based on the material.The geographies included in the report are North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa).
The key players profiled in the report includes Nike, Adidas AG, Asics Corporation, Puma, VF Corporation, Wolverine Worldwide, K-Swiss and Sketchers.
Full report: https://www.kbvresearch.com/footwear-market/
The market is segmented based on Type, End User, Mode of Sale, Material and Geography.
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