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Transparency Market
Research
Rising Disposable Incomes Boost Global Footwear
Market
Published Date
2015-09-03
42 Page Report
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Report Title
Footwear Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2014 - 2020
Transparency Market Research
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Footwear
REPORT DESCRIPTION
Footwear Market
Transparency Market Research has published a new market report titled “ Global Footwear
Market - Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 .”
According to the report, the Global Footwear Market was valued at USD 19,8782.9 million in
terms of value and 9990.7 million in terms of volume in 2014, which is expected to reach USD
220227.9 million and 10,974.0 million in terms of value and volume respectively by 2020,
growing at a CAGR of 1.72% and 1.58% in terms of value and volume respectively from 2014 to
2020.
The Global Footwear Market is driven by factors such as growing demand for new design of
footwear and growing awareness about healthy and active life style. Increasing population,
propensity of people to spend more and emerging retail outlets have also attributed to the
growing demand for footwear across the global market. The global footwear market is also facing
some restraints which are slowing down the growth of the global footwear market. Rising prices
of raw material and increasing environmental concerns are the main concerns for the global
footwear market. However, there is a wide opportunity in the footwear market such as changing
consumers’ lifestyle and fashion trends, emerging role of e-commerce and increasing new brands
in the market that would enhance the demand of footwear market in the coming years.
The global footwear market has seen diversified trends across different geographic regions...