Footwear Market- Global Scenario, Trends, Industry Analysis & Forecast 2012-2018

Transparency Market

Research

Footwear Market - Global Scenario, Trends, Industry

Analysis, Size, Share And Forecast 2012 - 2018

Published Date

2012-09-18

111 Page Report

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Press Release

Footwear Market to be worth US$211.5 Billion by 2018 due to

Increased Demand from Asia Pacific

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Footwear Market

REPORT DESCRIPTION

Footwear Market - Global Scenario, Trends, Industry Analysis, Size, Share And

Forecast 2012 – 2018

According to a recent market research report published by Transparency Market Research, the

global footwear market is expected to grow at a CAGR of 1.9% during the period from 2012 to

2018. The report, titled “Footwear Market - Global Industry Size, Market Share, Trends,

Analysis, and Forecast, 2012 - 2018” estimates the footwear market will reach a valuation of

US$211.5 billion by the end of 2018. The report points out that for the past few years the global

footwear market has witnessed a stable growth due to the rise in disposable income across major

economies, which has resulted in the increased adoption of latest fashion trends worldwide.

Rising retail culture and growing demand for innovative footwear designs have fuelled the

growth of the overall market. Increased awareness about healthy lifestyle has positively affected

the global footwear market as this has led to the demand for athletic footwear. Keeping pace

with teenage fashion is a major challenge faced by the footwear market. The report indicates

that the entry of new players and rise in pirated products in the developing economies will

hamper the growth of the existing players in the market. Celebrity endorsements coupled with

innovative promotional strategies is expected to open new opportunities for the global footwear

market during the forecast...