Germany Luxury Footwear Market Size & Outlook, 2021-2030

The luxury footwear market in Germany is expected to reach a projected revenue of US$ 2,680.6 million by 2030. A compound annual growth rate of 7.5% is expected of Germany luxury footwear market from 2022 to 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 highlights

  • 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.

Luxury footwear market data book summary

Market revenue in 2021USD 1,397.9 million
Market revenue in 2030USD 2,680.6 million
Growth rate7.5% (CAGR from 2021 to 2030)
Largest segmentFormal shoe
Fastest growing segmentCasual Shoe
Historical data2017 - 2020
Base year2021
Forecast period2022 - 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, 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.

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Luxury Footwear Market Companies

Name Profile # Employees HQ Website

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

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

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

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