Market revenue in 2022 | USD 17,496.9 million |
Market revenue in 2030 | USD 26,251.0 million |
Growth rate | 5.2% (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 |
Shoes was the largest segment with a revenue share of 42.76% in 2022. Horizon Databook has segmented the North America pvc footwear market based on shoes, flip flops covering the revenue growth of each sub-segment from 2017 to 2030.
In North America, the footwear industry has embraced PVC as a trendy material, leading to the introduction of stylish designs and collaborations with popular brands. Easy maintenance and affordability have boosted the penetration of PVC footwear, especially in urban areas and among younger demographics.
PVC footwear, including flip-flops, working boots, and crocs, is increasingly gaining acceptance among the population in North America. Many individuals are embracing trendy and eye-catching flip-flops and shoes as a fashion statement. PVC footwear, such as flip-flops, is widely popular across the warm coastal regions of southern states of the U.S., including Florida, Hawaii, and California.
Also, the presence of major retailing channels across the region boosts the availability and distribution of flip-flops in the market. Retailers such as The Athletes Foot, Annapolis Performance Sailing, and McCully Bicycle play a significant role in catering to the ever-increasing demand for trendy and appealing footwear for the outdoors.
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