U.S. Luxury Footwear Market Size & Outlook, 2021-2030
The luxury footwear market in the United States is expected to reach a projected revenue of US$ 12,205.3 million by 2030. A compound annual growth rate of 7% is expected of the United States luxury footwear market from 2022 to 2030.
Revenue, 2021 (US$M)
$6,626.9
Forecast, 2030 (US$M)
$12,205.3
CAGR, 2022 - 2030
7%
Report Coverage
U.S.
Related Markets
U.S. luxury footwear market highlights
- The U.S. luxury footwear market generated a revenue of USD 6,626.9 million in 2021 and is expected to reach USD 12,205.3 million by 2030.
- The U.S. market is expected to grow at a CAGR of 7% 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 2021 | USD 6,626.9 million |
| Market revenue in 2030 | USD 12,205.3 million |
| Growth rate | 7% (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 |
Other key industry trends
- In terms of revenue, U.S. accounted for 21.6% 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 North America, U.S. luxury footwear market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 12,205.3 million by 2030.
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Luxury Footwear Market Scope
Luxury footwear market segmentation & scope
Luxury Footwear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Amedeo Testoni | View profile | 51-100 | Bologna, Emilia-Romagna, Italy, Europe | https://www.testoni.com/ |
| Base London | View profile | 11-50 | https://www.baselondon.com/ | |
| John Lobb Japan | View profile | - | Tokyo, Tokyo, Japan, Asia | https://www.johnlobb.com/en_roa/ |
| Lottusse | View profile | 51-100 | Inca, Islas Baleares, Spain, Europe | https://lottusse.com/ |
| LVMH | View profile | 10001+ | Paris, Ile-de-France, France, Europe | https://www.lvmh.com/ |
| Salvatore Ferragamo SpA | View profile | 3677 | Via dei Tornabuoni 2, Firenze, Italy, 50123 | http://www.ferragamo.com |
| CHANEL | View profile | 10001+ | Neuilly-sur-seine, Ile-de-France, France, Europe | https://www.chanel.com/us/ |
| Prada SpA | View profile | 14876 | Via Antonio Fogazzaro, 28, Milan, Italy, 20135 | https://www.pradagroup.com |
| Burberry Group PLC | View profile | 9336 | Horseferry Road, Horseferry House, London, United Kingdom, SW1P 2AW | https://www.burberryplc.com |
| Dr. Martens PLC Ordinary Shares | View profile | 2584 | 28 Jamestown Road, Camden, London, United Kingdom, NW1 7BY | https://www.drmartensplc.com |
| Adidas AG | View profile | 59030 | Adi-Dassler-Strasse 1, Herzogenaurach, BY, Germany, 91074 | https://www.adidas-group.com |
U.S. luxury footwear market size, by product, 2017-2030 (US$M)
U.S. Luxury Footwear Market Outlook Share, 2021 & 2030 (US$M)
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