According to a new report, published by KBV research, The Global PVC Footwear Market size is expected to reach $93.5 billion by 2030, rising at a market growth of 5.1% CAGR during the forecast period.
The Shoes segment is leading the Global PVC Footwear Market by Product in 2022; thereby, achieving a market value of $40.6 billion by 2030. PVC is a popular material for various forms of footwear due to its durability, water resistance, and low cost. PVC shoes appear in multiple styles and designs, contributing to their popularity among consumers. PVC-made shoes are water-resistant and, therefore, suitable for damp or rainy conditions. It provides moisture protection, keeping the soles dry and comfortable.
The Online segment is showcasing a CAGR of 6.1% during (2023 - 2030). Amazon, eBay, and Alibaba, in addition to a number of regional e-commerce competitors, offer a vast selection of PVC footwear options. These platforms provide manufacturers, retailers, and consumers with a convenient means of connecting and facilitating transactions. PVC footwear manufacturers frequently maintain specialized websites showcasing their assortment of products. Typically, these websites include an integrated online store that enables customers to directly browse and purchase PVC footwear from the brand's collection.
The North America region dominated the Global PVC Footwear Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $27.7 billion by 2030. The Europe region is poised to grow at a CAGR of 4.9% during (2023 - 2030). Additionally, The Asia Pacific region is experiencing a CAGR of 5.4% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/pvc-footwear-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Dr. Martens plc, Decathlon S.A. (Asociacion Familiale Mulliez) (Oxelo), VKC Group, Alpargatas S.A. (Havaianas), BATA CORPORATION, Grendene S.A., Liberty shoes ltd. (Liberty Group), Khadim India Ltd., Ajanta shoes India Pvt. Ltd., and VF Corporation.
By Product
By Distribution Channel
By Geography
Companies Profiled