Global Footwear Market Size, Share, Opportunities, And Trends By Type (Athletic, Non-Athletic), By End-User (Men, Women, Children), By Distribution Channel (Online, Offline), And By Geography - Forecasts From 2025 To 2030
- Published : Feb 2025
- Report Code : KSI061613820
- Pages : 145
Footwear Market Size:
The Global Footwear Market is expected to grow at a compound annual growth rate (CAGR) of 6.92% from US$285.804 billion in 2025 to US$399.304 billion in 2030.
Footwear Market Trends:
The global footwear market is expected to grow primarily due to the rising demand for footwear as the population increases. Furthermore, the growing awareness of shoes in underdeveloped countries and the purchasing power of the people will lead to the market's growth in emerging economies, such as Asia-Pacific. The innovation in footwear-making technology will shape the market. Athletic shoe choices with customization features will drive it.
Footwear Market Growth Drivers:
- Increasing demand due to growing population along with demographic change and rising disposable income: There is a constant increase in the global population, leading to rising demand for footwear. For example, according to the World Population Prospects 2022, India is projected to have 1.51 billion by 2030 from 1.41 billion in 2022. There is a significant change in the demographics from rural to urban, positively impacting the demand for footwear globally. This is highlighted by the United Nations Population Division data, which states that in 2023, 57% of the global population lived in urban centers, compared to 51% in 2010. Alongside this, the rising disposable income is leading people to spend more on premium and branded footwear, driving the market growth.
- Rising Fitness Trend: The booming fitness trend among the millennials has led to an upsurge in sports activities such as gymming, cycling, aerobics, and others. This is increasing the demand for footwear that is lightweight and comfortable for athletes. The rising health issues have also led elderly people to be involved in some activities that can help them maintain good health, driving the demand for athletic footwear. It will continue in the future, along with the involvement of elderly people due to rising health issues. As per the data by the Wellness Creative Co., a health and fitness marketing agency, there are 72 million gym members in the USA, 23.7% of the population, highlighting health and fitness awareness among people.
Footwear Market Segmentation Analysis by Type:
- Athletic Segment: The athletic footwear segment is anticipated to witness robust growth over the next five years, primarily due to growing health awareness among people owing to rising health concerns that have led to an upsurge in sports activities in many parts of the world. Furthermore, the emergence of fitness and health trends among people of all age groups, from adults to the elderly, is driving the demand for athletic shoes. Additionally, an increase in the number of sports events, driving demand for athletic footwear, is positively impacting this segment’s growth during the forecast period. The market is witnessing advancements in footwear technology, such as the use of lightweight materials, further driving demand.
- Non-Athletic Segment: The non-athletic footwear segment is expected to hold a substantial market share because there is a constant increase in the number of people moving towards urbanization. Along with their rising disposable income, there is a boost in demand for non-athletic footwear. Furthermore, a wide number of shoe manufacturers offering custom designs and textures tailored to the consumer's needs and preferences are also bolstering this segment's market growth in the coming five years.
Footwear Market Geographical Outlook:
- North America is forecasted to hold a major market share.
The North American region is expected to have a considerable share in the global footwear market. The market is driven by growing health and fitness trends among the people.
The high disposable income of the consumers leads to more demand for footwear, especially branded and athletic footwear.
Asia-Pacific is the fastest-growing region for the global footwear market due to the large consumer base and the high population in countries like India, China, Pakistan, Bangladesh, and others. The growing economies of Asia-Pacific countries such as India, China, and others are increasing disposable income, driving the demand for premium and branded footwear for casuals and athletics.
Global Footwear Market – Competitive Landscape:
- Nike Inc.
- Adidas AG
- Puma SE
- Skechers USA Inc.
These companies are the major players in the global footwear market and are anticipated to continue dominating the market as they have established themselves well. They are also constantly prioritizing innovation in footwear products and diversifying their products, such as athletic footwear, to casual footwear. Their market expansion into different regions with products catering to local preferences raises their position in the global footwear market.
Footwear Market's Latest Developments:
- In July 2024, Nike launched Air Max Dn, a show that features next-generation cushioning technology. Dynamic Asir is used in a four-tubed Air unit, which is tuned with high pressure in the heel and lower pressure in the forefoot.
Footwear Market Scope:
Report Metric | Details |
Footwear Market Size in 2025 | US$285.804 billion |
Footwear Market Size in 2030 | US$399.304 billion |
Growth Rate | CAGR of 6.92% |
Study Period | 2020 to 2030 |
Historical Data | 2020 to 2023 |
Base Year | 2024 |
Forecast Period | 2025 – 2030 |
Forecast Unit (Value) | USD Billion |
Segmentation |
|
Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
List of Major Companies in the Footwear Market |
|
Customization Scope | Free report customization with purchase |
Global Footwear Market is analyzed into the following segments:
- By Type
- Athletic
- Non-Athletic
- By End-User
- Men
- Women
- Children
- By Distribution Channel
- Online
- Offline
- By Geography
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Indonesia
- Thailand
- Others
- North America
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Frequently Asked Questions (FAQs)
The footwear market is expected to reach a total market size of US$399.304 billion by 2030.
Footwear Market is valued at US$285.804 billion in 2025.
The footwear market is expected to grow at a CAGR of 6.92% during the forecast period.
The global footwear market is expected to witness nominal growth throughout the course of the next five years primarily on account of the globally growing demand for footwear due to the growing population.
The North America region is anticipated to hold a significant share of the footwear market.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key Benefits for the Stakeholders
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Process
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. Analyst View
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. GLOBAL FOOTWEAR MARKET BY TYPE
5.1. Introduction
5.2. Athletic
5.3. Non-Athletic
6. GLOBAL FOOTWEAR MARKET BY END-USER
6.1. Introduction
6.2. Men
6.3. Women
6.4. Children
7. GLOBAL FOOTWEAR MARKET BY DISTRIBUTION CHANNEL
7.1. Introduction
7.2. Online
7.3. Offline
8. GLOBAL FOOTWEAR MARKET BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. By Type
8.2.2. By End-User
8.2.3. By Distribution Channel
8.2.4. By Country
8.2.4.1. USA
8.2.4.2. Canada
8.2.4.3. Mexico
8.3. South America
8.3.1. By Type
8.3.2. By End-User
8.3.3. By Distribution Channel
8.3.4. By Country
8.3.4.1. Brazil
8.3.4.2. Argentina
8.3.4.3. Others
8.4. Europe
8.4.1. By Type
8.4.2. By End-User
8.4.3. By Distribution Channel
8.4.4. By Country
8.4.4.1. United Kingdom
8.4.4.2. Germany
8.4.4.3. France
8.4.4.4. Spain
8.4.4.5. Others
8.5. Middle East and Africa
8.5.1. By Type
8.5.2. By End-User
8.5.3. By Distribution Channel
8.5.4. By Country
8.5.4.1. Saudi Arabia
8.5.4.2. UAE
8.5.4.3. Others
8.6. Asia Pacific
8.6.1. By Type
8.6.2. By End-User
8.6.3. By Distribution Channel
8.6.4. By Country
8.6.4.1. China
8.6.4.2. Japan
8.6.4.3. South Korea
8.6.4.4. Australia
8.6.4.5. India
8.6.4.6. Indonesia
8.6.4.7. Thailand
8.6.4.8. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Market Share Analysis
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Competitive Dashboard
10. COMPANY PROFILES
10.1. NIKE, INC.
10.2. ADIDAS AG
10.3. PUMA SE
10.4. SKECHERS USA, INC.
10.5. BATA CORPORATION
10.6. UNDER ARMOUR, INC.
10.7. ASICS
10.8. GEOX S.P.A
10.9. TIMBERLAND LLC
10.10. ECCO SKO A/S
10.11. NEW BALANCE
10.12. WOLVERINE WORLD WIDE, INC.
10.13. LIBERTY SHOES LIMITED
NIKE, INC.
ADIDAS AG
PUMA SE
SKECHERS USA, INC.
BATA CORPORATION
ASICS
GEOX S.P.A
TIMBERLAND LLC
ECCO SKO A/S
NEW BALANCE
WOLVERINE WORLD WIDE, INC.
LIBERTY SHOES LIMITED
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