Global Footwear Market Size & Outlook, 2023-2030
Global footwear market, 2018-2030 (US$M)
Related Markets
Global footwear market highlights
- The global footwear market generated a revenue of USD 438,622.0 million in 2023 and is expected to reach USD 588,215.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.3% by 2030.
- In terms of segment, non-athletic accounted for a revenue of USD 291,855.3 million in 2023.
- Athletic is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, ANZ is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 438,622.0 million |
| Market revenue in 2030 | USD 588,215.9 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Non-athletic |
| Fastest growing segment | Athletic |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Athletic, Non-Athletic |
Other key industry trends
- In terms of revenue, the North America accounted for 25.5% of the global footwear market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, ANZ is the fastest growing regional market and is projected to reach USD 7,297.0 million by 2030.
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Footwear Market Scope
Footwear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global footwear market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to footwear market will help companies and investors design strategic landscapes.
Non-athletic was the largest segment with a revenue share of 66.54% in 2023. Horizon Databook has segmented the Global footwear market based on athletic, non-athletic covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Footwear Product Outlook (Revenue, USD Million, 2018-2030)
- Athletic
- Non-Athletic
- Global Footwear End-user Outlook (Revenue, USD Million, 2018-2030)
- Men
- Women
- Children
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Our clientele includes a mix of footwear market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global footwear market , including forecasts for subscribers. This global databook contains high-level insights into Global footwear market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global footwear market size, by regions, 2018-2030 (US$M)
Top 10 countries: Footwear market size, 2023 (US$M)
Global footwear market share, by product, 2023 & 2030 (%, US$M)
Footwear market: Opportunity assessment by country
Global footwear market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 103,649.0 | 106,745.4 | 95,437.4 | 101,030.2 | 107,642.5 | 111,877.8 | 116,054.6 | 120,511.9 | 124,837.8 | 129,465.3 | 134,390.2 | 139,619.9 | 145,230.5 | 3.8% |
| Europe | 86,447.0 | 88,881.4 | 79,332.3 | 83,838.6 | 89,172.3 | 92,520.0 | 95,805.6 | 99,308.7 | 102,688.9 | 106,302.2 | 110,143.6 | 114,217.4 | 118,584.3 | 3.6% |
| Asia Pacific | 154,976.9 | 161,316.8 | 145,770.6 | 155,961.0 | 167,940.3 | 176,406.4 | 184,937.8 | 194,079.5 | 203,177.7 | 212,940.4 | 223,378.6 | 234,522.8 | 246,521.3 | 4.9% |
| Latin America | 22,287.1 | 23,028.6 | 20,657.4 | 21,940.9 | 23,455.4 | 24,460.5 | 25,459.8 | 26,527.9 | 27,574.5 | 28,695.4 | 29,890.5 | 31,162.1 | 32,528.3 | 4.2% |
| MEA | 29,914.8 | 31,008.5 | 27,904.1 | 29,732.1 | 31,885.3 | 33,357.2 | 34,830.1 | 36,406.3 | 37,962.5 | 39,630.7 | 41,411.7 | 43,309.9 | 45,351.4 | 4.5% |
| Overall | 397,274.7 | 410,980.7 | 369,101.8 | 392,502.8 | 420,095.7 | 438,622.0 | 457,088.0 | 476,834.2 | 496,241.3 | 517,033.8 | 539,214.6 | 562,832.2 | 588,215.9 | 4.3% |
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