U.S. Pvc Footwear Market Size & Outlook, 2022-2030
Related Markets
U.S. pvc footwear market highlights
- The U.S. pvc footwear market generated a revenue of USD 14,984.3 million in 2022 and is expected to reach USD 22,352.7 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5.1% 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.
Pvc footwear market data book summary
| Market revenue in 2022 | USD 14,984.3 million |
| Market revenue in 2030 | USD 22,352.7 million |
| Growth rate | 5.1% (CAGR from 2022 to 2030) |
| Largest segment | Shoes |
| Fastest growing segment | Flip Flops |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 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, U.S. accounted for 23.0% of the global pvc footwear market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. pvc 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 22,352.7 million by 2030.
Shoes was the largest segment with a revenue share of 42.84% in 2022. Horizon Databook has segmented the U.S. pvc footwear market based on shoes, flip flops covering the revenue growth of each sub-segment from 2017 to 2030.
Market players in the U.S., including Crocs, Inc.; Havaianas; and Decathlon, are focusing on innovation, expanding into new markets, and collaborating with multinational brands to boost sales. Such initiatives can help increase the visibility and demand for PVC footwear, especially flip-flops and slippers.
The lightweight and portable nature of flip-flops make them a popular choice among travelers. The easy slip-on style and compact design make them convenient footwear options for people on the go. Travelers often seek comfortable and versatile footwear that takes up minimal space in their luggage, and flip-flops are a perfect fit.
As the trend for personalized flip-flops continues to grow across the country, manufacturers are taking this opportunity to invest in technologies and processes that facilitate easy customization, such as digital printing or direct-to-garment printing. These technologies enable the efficient production of personalized flip-flops and other PVC footwear on a larger scale, allowing manufacturers to meet the increasing demand for custom-designed 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 |
U.S. pvc footwear market size, by product, 2017-2030 (US$M)
U.S. PVC Footwear Market Outlook Share, 2022 & 2030 (US$M)
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