China was the world’s leading producer of footwear in 2023, with a total of approximately ***billion pairs of shoes produced. China, India, Vietnam, and Indonesia are leaders in footwear production, which highlights the domination of the Asia Pacific (APAC) region in this industry. These four countries accounted for over ** percent of footwear production worldwide as of 2024. Global footwear market The global footwear market is a multi-billion U.S. dollar industry. A part of the clothing and apparel industry, the footwear market is comprised of shoes, sneakers, luxury footwear, athletic footwear, and sporting shoes, as well as other related goods. Footwear products are commonly made of leather, textiles, and a range of synthetic materials. Footwear export market Unsurprisingly, given that it is the world’s leading producer of footwear, ***** is also the primary exporter of footwear worldwide. Interestingly, several European countries feature on the list of leading exporters in terms of export value, showing that although they produce a fraction of the world’s footwear in comparison to Asia, footwear produced in Europe can attract a premium in terms of value and pricing. ***************** was the leading destination for footwear exports as of 2024.

The Global Footwear Market Report is Segmented by Product Type (Athletic Footwear, Non-Athletic Footwear), End User (Men, Women, Kids), Category (Mass, Premium), Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online Retail Stores, Other Distribution Channels), and Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

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Footwear Market Size 2025-2029

The footwear market size is valued to increase USD 103.6 billion, at a CAGR of 4.2% from 2024 to 2029. Design and material innovations leading to product premiumization will drive the footwear market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 47% growth during the forecast period.
By Product - Non-athletic footwear segment was valued at USD 247.20 billion in 2023
By End-user - Men segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 68.01 billion
Market Future Opportunities: USD 103.60 billion
CAGR from 2024 to 2029 : 4.2%

Market Summary

The market encompasses a dynamic and ever-evolving industry, driven by advancements in core technologies and applications, service types, and product categories. Technological innovations, such as 3D printing and smart shoes, are revolutionizing footwear production and design, leading to product premiumization. The increasing demand for customized footwear, fueled by consumer preferences for personalized comfort and style, further propels market growth. However, the industry faces challenges including rising labor costs and fluctuating raw material prices. According to a recent study, the custom the market is projected to reach a 20% share of the overall the market by 2026. This trend underscores the importance of staying informed about the latest design and material innovations, regulatory developments, and regional market dynamics shaping the footwear industry.

What will be the Size of the Footwear Market during the forecast period?

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How is the Footwear Market Segmented ?

The footwear industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ProductNon-athletic footwearAthletic footwearEnd-userMenWomenChildrenDistribution ChannelOfflineOnlineMaterialLeatherNon-LeatherGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKMiddle East and AfricaEgyptKSAOmanUAEAPACChinaIndiaJapanSouth AmericaArgentinaBrazilRest of World (ROW)

By Product Insights

The non-athletic footwear segment is estimated to witness significant growth during the forecast period.

The market encompasses a diverse range of products, with non-athletic footwear holding the largest market share. This segment comprises casual, fashion, and formal/work footwear categories. Key drivers fueling the demand for non-athletic footwear include the increasing consumer focus on fashion trends and the emergence of trendy shoes in the men and children's segments. Additionally, the rise of private-label brands offers high-quality products at competitive prices, further boosting market growth. Moreover, non-athletic footwear caters to various occasions and purposes, leading to high consumer demand across all age groups. Generation Z and millennials, in particular, show a significant preference for multiple pairs of non-athletic footwear. Pattern cutting and stitching techniques play a crucial role in footwear manufacturing, ensuring proper fit and comfort. Traction outsole designs and lightweight materials contribute to footwear's functionality and appeal. Comfort metrics, such as footwear ergonomics principles and breathability testing, are essential considerations for both manufacturers and consumers. Upper material selection and sole material properties are essential aspects of footwear construction. Footwear sizing standards ensure proper fit and customer satisfaction. Flexible outsole designs, motion capture analysis, and impact absorption systems enhance footwear performance and durability. Footwear assembly lines employ advanced technology, such as footwear design software, material science, and production automation, to streamline the manufacturing process and improve quality control. Sustainable footwear materials and athletic footwear engineering are emerging trends, with insulation properties and waterproofing footwear fabrics becoming increasingly popular. The footwear industry anticipates a steady growth trajectory, with market expansion expected in various sectors. For instance, the demand for comfort footwear technology and arch support mechanisms is on the rise. Leather tanning methods continue to evolve, offering more eco-friendly alternatives. Specifically, the non-athletic the market is projected to expand by 15.3% in the next year, while the overall footwear industry is expected to grow by 11.7%. These figures underscore the market's continuous evolution and the ongoing importance of innovation and consumer preferences.

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The Non-athletic footwear segment was valued at USD 247.20 billion in 2019 and

In 2024, **** billion pairs of footwear were produced around the world. In comparison, global footwear production amounted to **** billion pairs in 2019. Asia was responsible for over ** percent of global footwear production in 2024.

The revenue in the 'Gym & Training' segment of the footwear market worldwide was modeled to be ************* U.S. dollars in 2024. Between 2018 and 2024, the revenue rose by ************ U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The revenue will steadily rise by ************ U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Gym & Training.

Global Footwear market size 2021 was recorded $416.072 Billion whereas by the end of 2025 it will reach $490.5 Billion. According to the author, by 2033 Footwear market size will become $681.68. Footwear market will be growing at a CAGR of 4.2% during 2025 to 2033.

The Shoe and Footwear Manufacturing industry is experiencing notable trends amid changing consumer behavior and global economic shifts. Over recent years, the industry has contended with challenges like price sensitivity among consumers, increased competition from imports, the imposition of new tariffs and a shift towards athleisure and casual footwear. Industry revenue has dropped at a CAGR of 1.2% over the past five years and is expected to total $1.8 billion in 2025, when revenue will strengthen by an estimated 0.2%. Historically, the industry faced stagnation because of high production costs and a heavy reliance on foreign production. The US-China trade tensions further accentuated these issues, impacting supply chain dynamics and prompting a reevaluation of domestic manufacturing strategies. The pandemic also played a crucial role in accelerating changes, as lockdowns shifted consumer priorities, boosting online purchases of comfort-oriented footwear. In response, many brands streamlined their product lines and opted for sustainable, eco-friendly materials. These strategies aimed to answer evolving consumer demands favoring quality and ethical production standards. The industry is poised for modest growth, driven largely by the continuing trend towards casual and sportswear, alongside an increased focus on innovation in materials and production processes. The integration of technology, like 3D printing and advanced robotics, will enhance manufacturing efficiencies and customization capabilities. However, the outlook is tempered by ongoing global supply chain complexities and fluctuating material costs, which could adversely impact profit. While the path forward presents opportunities and challenges, the industry's adaptability and focus on technological advancements and sustainable practices demonstrate a proactive approach to future growth. Also, the impact of the Berry Amendment, which mandates the use of domestic goods in certain government contracts, will likely expand the industry's customer base, fostering growth. Over the next five years, revenue will hike at a CAGR of 1.8% to reach an estimated $1.9 billion in 2030.

In 2024, the United States ranked first by revenue in the footwear market among the 15 countries presented in the ranking. United States' revenue amounted to ************* U.S. dollars, while China and India, the second and third countries, had records amounting to ************* U.S. dollars and ************* U.S. dollars, respectively.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Footwear.

Apparel And Footwear Market size was valued at USD 1794.09 Billion in 2024 and is projected to reach USD 6087.11 Billion by 2032, growing at a CAGR of 18.20% from 2026 to 2032.Rising Disposable Income: Fueling Discretionary Spending: A significant driver of the apparel and footwear market is the consistent rise in disposable income, particularly within emerging economies across Asia Pacific and Latin America. As more individuals move into the middle and uppermiddle classes, their purchasing power increases, allowing them to allocate a larger portion of their income to discretionary items such as clothing and footwear. This economic uplift not only drives higher sales volumes but also fuels the demand for premium, branded, and luxury products. For instance, in countries like India, rising disposable incomes have led to a substantial increase in consumer expenditure on clothing and footwear, directly correlating with a booming demand for premium and superpremium brands.

Number of Businesses statistics on the Global Footwear Manufacturing industry in Global

The Athletic Footwear Market Report Segments the Industry by Activity (Running Shoes, Sports Shoes and More), Product Type (Shoes and Boots), End User (Men, Women, and Kids/Children), Category (Mass and Premium), Distribution Channel (Sports and Athletics Goods Stores, Supermarkets/Hypermarkets, and More) and Geography (North America, Europe, Asia-Pacific and More). The Market Forecasts are Provided in Terms of Value (USD).

Global Footwear Market Share, Size, By Type, By Distribution Channel, By End User , By Company, By Region, Forecast & Opportunities 2028

Footwear Market was valued at USD 428 Bn in 2024, projected to reach USD 564.44 Bn by 2030, growing at 4.72% CAGR during 2025–30, says MarkNtel Advisors.

The footwear market attained a value of USD 417.50 Billion in 2024. The industry is expected to grow at a CAGR of 4.90% during the forecast period of 2025-2034. By 2034, the market is expected to reach USD 673.61 Billion.

Rapid urbanization is significantly influencing consumer behavior, particularly in terms of lifestyle, income levels, and purchasing preferences. Industry estimates indicate that the share of the global population residing in urban areas is projected to reach 68% by 2050. This demographic shift is contributing to the adoption of fast-paced, fashion-oriented urban lifestyles, which in turn is driving demand for a broader range of footwear styles. Urban consumers typically possess higher disposable incomes compared to their rural counterparts, enabling increased expenditure on branded and premium footwear products.

Customization is a significant driver of the footwear industry as consumers are seeking unique footwear styles. Unlike mass-produced shoes, customized footwear offers a unique experience where buyers can opt colours, materials, patterns, and even add personalized text or logos. In June 2024, FootSecure launched its custom footwear unit in Bangalore, India to provide tailored foot care and improve podiatric health. This trend also leverages digital tools and 3D printing technology to provide new revenue streams and competitive differentiation to brands.

Additionally, limited editions are significantly boosting the footwear market revenue by creating a sense of exclusivity, urgency, and emotional appeal among consumers. These exclusive drops feature unique designs, collaborations, or themes, making them highly desirable for collectors and fashion-conscious buyers. In May 2025, iconic lifestyle firm Marimekko partnered with global footwear leader Crocs to introduce a limited-edition collaboration inspired by playfulness and joy. Limited editions also strengthen brand identity and consumer loyalty, as fans feel connected to rare releases.

According to Cognitive Market Research, the global Athletic Footwear market size was USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of XX% from 2024 to 2031.

The global Athletic Footwear market will expand significantly by XX% CAGR between 2025 to 2033
North America held largest share of XX% in the year 2025. 
Europe held share of XX% in the year 2025.
Asia-Pacific held significant share of XX% in the year 2025.
South America held significant share of XX% in the year 2025.
Middle East and Africa held significant share of XX% in the year 2025. 

Market Dynamics of Athletic Footwear Market

KEY DRIVERS

Consumer’s increasing attention to health and fitness to accelerate market growth

Despite busy lifestyles, individuals from around the world remain committed to investing in health and fitness.As individuals are becoming aware of the benefits of maintaining a healthy and active lifestyle, more individuals are taking part in physical activities like sports, yoga, athletics and gym workouts, thereby driving demand for athletic footwear. The popularity of mobile fitness apps, and wearable fitness devices, such as, fitness watches and rings are further encouraging people to build better habits. As consumers increasingly prioritize health, wellness and performance, athletic footwear brands are evolving to offer performance enhancing and feature rich fabrics and adaptable designs, thereby fueling market growth across diverse regions.

For instance, several developed markets are achieving new benchmarks in fitness engagement. Countries such as the U.S., U.K., Spain, and Switzerland have all reported record-high penetration rates and fitness facility memberships.

(Source:https://www.healthandfitness.org/improve-your-club/industry-news/global-health-and-fitness-industry-poised-for-further-expansion/ )

RESTRAINTS

High manufacturing costs are restricting growth

High raw material costs directly impact the athletic footwear market, impeding expansion by increasing production costs and potentially resulting in price increases or decreased profit margins for companies. Brands may raise their retail pricing to offset these high costs, making their products less accessible to some customers, thereby demand and market expansion as a whole. Labor costs in conventional manufacturing hubs have risen, reducing profit margins and driving businesses to investigate alternate production sites or automation.

Introduction of the Athletic Footwear Market

Athletic footwear is designed to provide support, comfort and functionality across physical activities including running, walking, gym workouts, training and sports. These shoes are built for the purpose of improving athletic performance and physical movement and often incorporate advanced materials for cushioning, stability, breathability and durability.

Rising health awareness, increased participation in sports and outdoor activities and growing athleisure trends significantly drive demand for athletic footwear. Consumers, particularly younger generations are increasingly prioritizing healthy and active lifestyles, resulting in a surge in demand for specialized footwear that meets their performance and other lifestyle needs. The athletic footwear market is further influenced by consumer preferences for both performance and style, leading to the rise of athleisure wear.

The revenue in the footwear market worldwide was modeled to amount to ************** U.S. dollars in 2024. Between 2018 and 2024, the revenue rose by ************ U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The revenue will steadily rise by ************** U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Footwear.

The manufacturing process in the footwear industry's lifecycle accounted for about ** percent of the greenhouse gas emissions from this industry, with emissions reaching *** million metric tons of carbon dioxide equivalent in 2016. Overall, the global footwear industry emitted about *** million metric tons of carbon dioxide equivalent.

Global footwear market is expected to generate revenue of around USD 587.22 billion by 2032, growing at a CAGR of around 4.50% between 2024 and 2032.

The global athletic equipment and footwear market size is projected to grow from USD 392.2 billion in 2025 to USD 758.83 billion by 2033, exhibiting a CAGR of 8.6%.
Report Scope:

Learn about the forecasted growth of the global footwear market from 2024 to 2030, with an expected increase in market volume to 18 billion pairs and market value to $217 billion.