UK Footwear Market Size & Outlook, 2023-2030
UK footwear market, 2018-2030 (US$M)
Related Markets
UK footwear market highlights
- The UK footwear market generated a revenue of USD 14,480.9 million in 2023 and is expected to reach USD 18,878.6 million by 2030.
- The UK market is expected to grow at a CAGR of 3.9% 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.
Footwear market data book summary
| Market revenue in 2023 | USD 14,480.9 million |
| Market revenue in 2030 | USD 18,878.6 million |
| Growth rate | 3.9% (CAGR from 2023 to 2030) |
| Largest segment | Non-athletic |
| Fastest growing segment | Athletic |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, UK accounted for 3.3% of the global footwear market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK footwear market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 12,226.1 million by 2030.
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Footwear Market Scope
Footwear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 62.48% in 2023. Horizon Databook has segmented the UK footwear market based on athletic, non-athletic covering the revenue growth of each sub-segment from 2018 to 2030.
The rising enthusiasm for sports and outdoor recreational activities among the young population in the country is expected to propel the demand for various kinds of footwear over the forecast period. As a result of a more relaxed attitude, casual footwear, such as trainers for men, women, and children, has grown in popularity.
This casualization trend, however, does not end with trainers; with warmer weather in recent years, many people have switched to flip flops during the summers. This has reignited the debate over whether it is socially acceptable for men to wear open-toed shoes in public.
Celebrities like David Beckham and Justin Bieber have been seen wearing open-toed shoes on a daily basis, giving rise to their popularity among the general public as well. Many well-known footwear manufacturers have responded to this trend by releasing stylish slides that can be worn on and off the beach.
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Our clientele includes a mix of footwear market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK footwear market , including forecasts for subscribers. This country databook contains high-level insights into UK footwear market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK footwear market size, by product, 2018-2030 (US$M)
UK Footwear Market Outlook Share, 2023 & 2030 (US$M)
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