Germany Luxury Footwear Market Size & Outlook, 2030

Revenue, 2021 (US$M)

$1,397.9

Forecast, 2030 (US$M)

$2,680.6

CAGR, 2022 - 2030

7.5%

Report Coverage

Germany

Germany luxury footwear market, 2017-2030 (US$M)

Global Luxury Footwear Industry Outlook

North America Luxury Footwear Market Outlook

U.S. Luxury Footwear Market Outlook

Europe Luxury Footwear Market Outlook

Italy Luxury Footwear Market Outlook

UK Luxury Footwear Market Outlook

Asia Pacific Luxury Footwear Market Outlook

Japan Luxury Footwear Market Outlook

China Luxury Footwear Market Outlook

Latin America Luxury Footwear Market Outlook

Brazil Luxury Footwear Market Outlook

MEA Luxury Footwear Market Outlook

The Germany luxury footwear market generated a revenue of USD 1,397.9 million in 2021 and is expected to reach USD 2,680.6 million by 2030.
The Germany market is expected to grow at a CAGR of 7.5% 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.

Market revenue in 2021	USD 1,397.9 million
Market revenue in 2030	USD 2,680.6 million
Growth rate	7.5% (CAGR from 2021 to 2030)
Largest segment	Formal shoe
Fastest growing segment	Casual Shoe
Historical data	2017 - 2020
Base year	2021
Forecast period	2022 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Formal Shoe, Casual Shoe
Key market players worldwide	Lvmh Moet Hennessy Louis Vuitton SE, CHANEL, Burberry Group PLC, Prada SpA, Dr. Martens PLC Ordinary Shares, Salvatore Ferragamo SpA, Adidas AG

In terms of revenue, Germany accounted for 4.6% of the global luxury footwear market in 2021.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Europe, Germany luxury footwear market is projected to lead the regional market in terms of revenue in 2030.
Germany is the fastest growing regional market in Europe and is projected to reach USD 2,680.6 million by 2030.