Europe Pvc Footwear Market Size & Outlook, 2022-2030
Related Markets
Europe pvc footwear market highlights
- The Europe pvc footwear market generated a revenue of USD 15,099.7 million in 2022.
- The market is expected to grow at a CAGR of 5% from 2023 to 2030.
- In terms of segment, shoes was the largest revenue generating product in 2022.
- Flip Flops is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 15,099.7 million |
| Market revenue in 2030 | USD 22,298.8 million |
| Growth rate | 5% (CAGR from 2022 to 2030) |
| Largest segment | Shoes |
| Fastest growing segment | Flip Flops |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Shoes, Flip Flops |
| Key market players worldwide | Dr. Martens PLC Ordinary Shares, Bata Corporation, Grendene, Liberty Shoes, Khadim India, Decathlon, VKC Group, Havaianas, Ajanta Shoes |
Other key industry trends
- In terms of revenue, Europe region accounted for 23.2% of the global pvc footwear market in 2022.
- Globally, Asia Pacific 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 33,293.3 million by 2030.
Shoes was the largest segment with a revenue share of 42.59% in 2022. Horizon Databook has segmented the Europe pvc footwear market based on shoes, flip flops covering the revenue growth of each sub-segment from 2017 to 2030.
Many footwear companies, including Decathlon SE, Dr. Martens, Crocs, Inc., Bata Corporation, Zaxy, and others in Europe, have started incorporating recycled materials, including recycled plastics, in their products. This trend aligns with the circular economy principles and addresses concerns related to plastic waste.
By utilizing recycled plastics in footwear production, companies aim to reduce their environmental footprint and meet the growing demand for sustainable products. To attract consumers and remain competitive, PVC and plastic footwear manufacturers focus on design and style innovation. They are introducing trendy designs, patterns, and colors to appeal to a wide range of consumers.
Customization and personalization have become popular trends across the footwear industry, including PVC and plastic footwear. International and local brands across Europe offer customization options where consumers can select colors, patterns, and accessories to create personalized plastic footwear.
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PVC Footwear Market Scope
PVC Footwear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Ajanta Shoes | View profile | 1001-5000 | Kolkata, West Bengal, India, Asia | https://www.ajantashoes.com |
| VKC Group | View profile | 501-1000 | Sugar Land, Texas, United States, North America | https://www.vkcsubway.com/ |
| Khadim India | View profile | 1001-5000 | Calcutta, West Bengal, India, Asia | https://www.khadims.com/ |
| Liberty Shoes | View profile | 1001-5000 | Gurgaon, Haryana, India, Asia | https://www.libertyshoes.com/ |
| Grendene | View profile | 51-100 | Orlando, Florida, United States, North America | http://www.grendeneusa.com/ |
| Bata Corporation | View profile | 11-50 | Lausanne, Vaud, Switzerland, Europe | https://thebatacompany.com/ |
| Decathlon | View profile | 10001+ | Lompret, Nord-Pas-de-Calais, France, Europe | https://www.decathlon.fr |
| Havaianas | View profile | - | Scottsdale, Arizona, United States, North America | https://us.havaianas.com |
| Dr. Martens PLC Ordinary Shares | View profile | 2584 | 28 Jamestown Road, Camden, London, United Kingdom, NW1 7BY | https://www.drmartensplc.com |
Europe pvc footwear market size, by country, 2017-2030 (US$M)
Europe PVC Footwear Market Outlook Share, 2022 & 2030 (US$M)
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