Europe Luxury Footwear Market Size & Outlook, 2021-2030

The luxury footwear market in Europe is expected to reach a projected revenue of US$ 15,150.4 million by 2030. A compound annual growth rate of 7.3% is expected of Europe luxury footwear market from 2022 to 2030.
Revenue, 2021 (US$M)
$8,027.4
Forecast, 2030 (US$M)
$15,150.4
CAGR, 2022 - 2030
7.3%
Report Coverage
Europe

Europe luxury footwear market highlights

  • The Europe luxury footwear market generated a revenue of USD 8,027.4 million in 2021.
  • The market is expected to grow at a CAGR of 7.3% from 2022 to 2030.
  • In terms of segment, formal shoe was the largest revenue generating product in 2021.
  • Casual Shoe is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Germany is expected to register the highest CAGR from 2022 to 2030.

Europe data book summary

Market revenue in 2021USD 8,027.4 million
Market revenue in 2030USD 15,150.4 million
Growth rate7.3% (CAGR from 2021 to 2030)
Largest segmentFormal shoe
Fastest growing segmentCasual Shoe
Historical data covered2017 - 2020
Base year for estimation2021
Forecast period covered2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFormal Shoe, Casual Shoe
Key market players worldwideLvmh Moet Hennessy Louis Vuitton SE, CHANEL, Burberry Group PLC, Prada SpA, Dr. Martens PLC Ordinary Shares, Salvatore Ferragamo SpA, Adidas AG

Other key industry trends

  • In terms of revenue, Europe region accounted for 26.1% of the global luxury footwear market in 2021.
  • Globally, North America 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 14,595.7 million by 2030.

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Luxury Footwear Market Companies

Name Profile # Employees HQ Website

Europe luxury footwear market size, by country, 2017-2030 (US$M)

Europe Luxury Footwear Market Outlook Share, 2021 & 2030 (US$M)

Europe luxury footwear market size, by country, 2017-2030 (US$M)

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