According to a new market report published by Transparency Market Research “Footwear Market – Global Industry Size, Market Share, Trends, Analysis, and Forecast, 2012 – 2018 ” the global footwear market was worth USD 185.2 billion in 2011 and is expected to reach USD 211.5 billion in 2018, growing at a CAGR of 1.9% from 2011 to 2018. In the overall global market, Asia Pacific is expected to maintain its lead position in terms of revenue till 2018. Asia Pacific is expected to enjoy 30.1% of the global footwear market revenue share in 2018 followed by Europe.
The global footwear market is experiencing a stable growth rate due to changing fashion trends. This market has exhibited sustainable development owing to driving factors such as rising demand for innovative designs, growing awareness about healthy and active lifestyle, rising population and disposable income levels, and rise in retail culture.
Browse the full report at http://www.transparencymarketresearch.com/footwear-market.html
The athletic footwear market is expected to grow at a CAGR of 1.8% from 2011 to 2018 to reach USD 84.4 billion by 2018. Non-athletic footwear is the largest market segment and is expected to grow at a faster CAGR as compared to the athletic footwear segment. Various fashion trends in the market such as demand for innovative designs and styles, and celebrity endorsement is driving the non-athletic footwear market.
This report is an effort to identify factors, which will be the driving force behind the global footwear market and its sub-markets over the next six years. The report provides extensive analysis of the industry, current market trends, industry drivers and challenges for better understanding of the market structure. The report has segregated the footwear industry in terms of products, consumer groups, retail distribution and geography. We have used a combination of primary and secondary research to arrive at the market estimates, market shares and trends. We have adopted bottom up model to derive market size of the global footwear market and further validated numbers with the key market participants and C-level executives.
- Definition, estimates & forecast of footwear product market from 2011 to 2018
- Analysis of product segments for footwear product market with historical data and forecast
- Trends and forecast for four geographic markets, namely North America, Europe, Asia-Pacific and RoW based on segments of footwear product market
- Profiles of major market participants for better understanding of their contributions
Browse the full report with TOC at http://www.transparencymarketresearch.com/footwear-market.html
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