Europe Footwear Market Size & Outlook, 2023-2030
Europe footwear market, 2018-2030 (US$M)
Related Markets
Europe footwear market highlights
- The Europe footwear market generated a revenue of USD 92,520.0 million in 2023.
- The market is expected to grow at a CAGR of 3.6% from 2024 to 2030.
- In terms of segment, non-athletic was the largest revenue generating product in 2023.
- Athletic is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Spain is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 92,520.0 million |
| Market revenue in 2030 | USD 118,584.3 million |
| Growth rate | 3.6% (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 |
| Key market players worldwide | Nike 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, Europe region accounted for 21.1% of the global footwear market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 246,521.3 million by 2030.
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Footwear Market Scope
Footwear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 65.72% in 2023. Horizon Databook has segmented the Europe footwear market based on athletic, non-athletic covering the revenue growth of each sub-segment from 2018 to 2030.
A rise in the disposable income of consumers in countries such as the U.K., Germany, and France, as well as the expansion of e-commerce, social media, and advertising sectors in Europe, will drive the growth of the footwear market.
The growing tendency of consumers among all age groups of being healthier and living a more active lifestyle is driving the demand for athletic footwear. The availability of trendy and fashionable footwear in developed countries such as Germany and the U.K., coupled with rising consumer spending, is anticipated to fuel market growth.
The demand for casual and nonathletic footwear that go well with different outfits has been driving the segment. Niche companies and startups are catering to millennial consumers by launching innovative products as these consumers are more inclined toward sustainability and ethical consumerism.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe footwear market , including forecasts for subscribers. This continent databook contains high-level insights into Europe footwear market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe footwear market size, by country, 2018-2030 (US$M)
Europe Footwear Market Outlook Share, 2023 & 2030 (US$M)
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