Brazil Footwear Market Size & Outlook, 2025-2030

The footwear market in Brazil is expected to reach a projected revenue of US$ 21,647.6 million by 2030. A compound annual growth rate of 3.9% is expected of Brazil footwear market from 2025 to 2030.
Revenue, 2024 (US$M)
$17,238.8
Forecast, 2030 (US$M)
$21,647.6
CAGR, 2025 - 2030
3.9%
Report Coverage
Brazil

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Brazil footwear market, 2018-2030 (US$M)

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Brazil footwear market highlights

  • The Brazil footwear market generated a revenue of USD 17,238.8 million in 2024 and is expected to reach USD 21,647.6 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 3.9% from 2025 to 2030.
  • In terms of segment, non-athletic was the largest revenue generating product in 2024.
  • Athletic is the most lucrative product segment registering the fastest growth during the forecast period.


Footwear market data book summary

Market revenue in 2024USD 17,238.8 million
Market revenue in 2030USD 21,647.6 million
Growth rate3.9% (CAGR from 2025 to 2030)
Largest segmentNon-athletic
Fastest growing segmentAthletic
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAthletic, Non-Athletic
Key market players worldwideNike Inc Class B, Adidas AG, Puma SE, Geox SpA, Timberland Bancorp Inc, Skechers USA Inc Class A, Crocs Inc, Under Armour Inc Class A, Wolverine World Wide Inc


Other key industry trends

  • In terms of revenue, Brazil accounted for 3.8% of the global footwear market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil footwear market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 21,647.6 million by 2030.

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Footwear Market Companies

Name Profile # Employees HQ Website
Geox SpA View profile 2581 Via Feltrina Centro, 16, Biadene di Montebelluna, Treviso, Italy, 31044 https://www.geox.biz
Timberland Bancorp Inc View profile 298 624 Simpson Avenue, Hoquiam, WA, United States, 98550 https://www.timberlandbank.com
Wolverine World Wide Inc View profile 4100 9341 Courtland Drive North East, Rockford, MI, United States, 49351 https://www.wolverineworldwide.com
Puma SE View profile 21164 Puma Way 1, Herzogenaurach, BY, Germany, 91074 https://www.puma.com
Adidas AG View profile 59030 Adi-Dassler-Strasse 1, Herzogenaurach, BY, Germany, 91074 https://www.adidas-group.com
Crocs Inc View profile 7030 500 Eldorado Boulevard, Building 5, Broomfield, CO, United States, 80021 https://www.crocs.com
Skechers USA Inc Class A View profile 17900 228 Manhattan Beach Boulevard, Manhattan Beach, CA, United States, 90266 https://www.skechers.com
Nike Inc Class B View profile 83700 One Bowerman Drive, Beaverton, OR, United States, 97005-6453 https://www.nike.com
Under Armour Inc Class A View profile 14800 1020 Hull Street, Baltimore, MD, United States, 21230 https://www.underarmour.com

Brazil 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 67.4% in 2024. Horizon Databook has segmented the Brazil footwear market based on athletic, non-athletic covering the revenue growth of each sub-segment from 2018 to 2030.


Sneakers have become a mainstay for an increasing number of people in the country and this has resulted in the emergence fashionable and trendy styles. Furthermore, sustainable footwear brands such as Insecta have been witnessing high receptibility among consumers in recent years, which is expected to offer strong growth opportunities in the future.

Brazil is also one of the major footwear manufacturing countries in the industry, with an established factory setup and skilled labor. This presents a lucrative opportunity for new manufacturers looking to venture into the footwear market.

The availability of a variety of nonathletic footwear styles, including heels, boots, sneakers, sandals, floaters, and loafers, has been successful in piquing consumers’ interest. The athletic footwear segment is also witnessing strong growing with the increased participation of youngsters in various sports and outdoor activities.

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Target buyers of Brazil footwear market databook

  • Our clientele includes a mix of footwear market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 country-level data and insights on the Brazil footwear market , including forecasts for subscribers. This country databook contains high-level insights into Brazil footwear market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Brazil Product - Footwear Market size, 2024 - 2030 (US$M)

Brazil Footwear Market Outlook Share, 2024 & 2030 (US$M)

Brazil Product - Footwear Market size, 2024 - 2030 (US$M)

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