North America Pvc Footwear Market Size & Outlook, 2022-2030
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North America pvc footwear market highlights
- The North America pvc footwear market generated a revenue of USD 17,496.9 million in 2022.
- The market is expected to grow at a CAGR of 5.2% 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, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| 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 |
Other key industry trends
- In terms of revenue, North America region accounted for 26.9% 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 42.76% 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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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 |
North America pvc footwear market size, by country, 2017-2030 (US$M)
North America PVC Footwear Market Outlook Share, 2022 & 2030 (US$M)
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