The global revenue in the footwear market was forecast to continuously increase between 2024 and 2029 by in total 60.8 billion U.S. dollars (+12.29 percent). After the eighth consecutive increasing year, the revenue is estimated to reach 555.32 billion U.S. dollars and therefore a new peak in 2029. Find further information concerning the revenue in the footwear market in Mexico and the revenue in the footwear market in Czechia. The Statista Market Insights cover a broad range of additional markets.
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The United States footwear market size reached USD 94.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 119.0 Billion by 2033, exhibiting a growth rate (CAGR) of 2.6% during 2025-2033. The escalating demand for athletic and sports footwear, the increasing collaboration with international brands and the implementation of regulations and standards around safety, quality, and sustainability are among the key factors driving the market growth.
Report Attribute
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Key Statistics
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Base Year
| 2024 |
Forecast Years
| 2025-2033 |
Historical Years
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2019-2024
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Market Size in 2024 | USD 94.7 Billion |
Market Forecast in 2033 | USD 119.0 Billion |
Market Growth Rate 2025-2033 | 2.6% |
IMARC Group provides an analysis of the key trends in each segment of the United States footwear market report, along with forecasts at the country and regional levels from 2025-2033. Our report has categorized the market based on product, material, distribution channel, pricing and end user.
This statistic shows the size of the women's footwear market worldwide from 2018 to 2027. The global market value of women's footwear was estimated to be worth 152.1 billion U.S. dollars in 2018, and was forecast to reach about 220 billion U.S. dollars by 2027.
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The North America Footwear Market Report is Segmented by Product Type (Athletic Footwear and Non-Athletic Footwear), Category (Mass and Premium/Luxury), End User (Men, Women, and Kids), Distribution Channel (Specialty Stores, Supermarkets/Hypermarkets, Online Retail Stores, and Other Distribution Channels), and Geography (United States, Canada, Mexico, and Rest of North America). The Report Offers the Market Size in Value Terms in USD for all the Abovementioned Segments.
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Footwear Market estimated at USD 385.1 billion in 2021 and is slated to reach USD 575.7 billion by 2030 with a CAGR of 5.5% during the forecast period.
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The report covers Global Women Non Athletic Footwear Market Share and it is Segmented by Type (Boots and Shoes, Heels and Pumps, Flats, Sandals, and Other Footwear Types), Distribution Channels (Online and Offline), Category (Mass and Premium), and Geography (North America, Europe, Asia Pacific, South America, and the Middle-East and Africa). The market size and forecasts are provided in terms of value (USD million) for all the above segments.
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United States athletic footwear market size is projected to exhibit a growth rate (CAGR) of 3.10% during 2024-2032. The increasing demand for environmentally friendly materials and production processes that attract environmentally conscious consumers is driving the market.
Report Attribute
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Key Statistics
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Base Year
| 2023 |
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Growth Rate (2024-2032) | 3.10% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on product type, distribution channel, and end user.
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The global footwear market reached a value of around USD 417.50 Billion in 2024. The market is assessed to grow at a CAGR of 4.90% between 2025 and 2034 to reach a value of approximately USD 673.61 Billion by 2034. The footwear market is significantly growing with the increasing demand for fashionable footwear and trending designs. Market value, particularly in urban areas, is also rising, driven by the surge in limited-edition shoes and the increasing appeal of luxury footwear. The footwear consumption has increased due to the growing popularity of athletic shoes and sneakers as lifestyle products. The demand for casual footwear has also increased rapidly. The growth of online shopping platforms has made it easier for consumers to buy shoes. Moreover, with the use of social media marketing, brands are being able to create hyperlocal initiatives to announce exclusive launches and collaborations, hence increasing customer engagement. Moreover, with high demand for fashionable & high-performance footwear supported by celebrity endorsements and influencer campaigns, the growth of the market is bound to surge.
The revenue change in the 'Gym & Training' segment of the footwear market in the United States was forecast to increase between 2024 and 2029 by in total 3.5 percentage points. This overall increase does not happen continuously, notably not in 2026, 2027 and 2028. The revenue change is estimated to amount to 3.73 percent in 2029. Find further information concerning revenue worldwide and revenue in Thailand. The Statista Market Insights cover a broad range of additional markets.
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Footwear Market size was valued at around USD 402 billion in 2023 and is projected to grow at a CAGR of around 4.3% from 2024-2030.
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According to Cognitive Market Research, The global Outdoor Footwear market size is USD 42.5 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 7.50% from 2023 to 2030.
The demand for Outdoor Footwear is rising due to the increasing popularity of outdoor activities, such as hiking, trail running, and climbing, is driving the growth of this market.
Demand for Offline Sales remains higher in the Outdoor Footwear market.
The Outdoor Footwear for Hiking category held the highest Outdoor Footwear market revenue share in 2023.
North American Outdoor Footwear will continue to lead, whereas the Asia Pacific Outdoor Footwear market will experience the most substantial growth until 2030.
Growing Emphasis on Outdoor Activities to Provide Viable Market Output
The outdoor footwear market is being driven by a global trend toward a more active and health-conscious lifestyle. Consumers increasingly engage in outdoor activities such as hiking, running, and various sports. This shift has heightened the demand for specialized outdoor footwear designed for comfort, durability, and performance. As individuals seek to connect with nature and adopt outdoor fitness routines, the market responds with innovative designs and technologies to meet the evolving needs of outdoor enthusiasts. This emphasis on an active lifestyle acts as a key driver propelling the growth of the outdoor footwear market.
September 2018, the Hiking World Championship was held in the Wildschönau valley in Austria. In this championship, each participant who completed three routes is awarded a certification.
(Source:www.sidetracked.com/wp-content/uploads/2018/02/Uncover-Your-Austria-download.pdf)
Technological Advancements and Sustainable Practices to Propel Market Growth
Technological innovations and sustainability considerations are driving forces shaping the Outdoor Footwear market. Manufacturers are integrating advanced materials and technologies into footwear designs to enhance performance, durability, and comfort. Features such as waterproofing, breathable membranes, and lightweight materials contribute to the appeal of outdoor footwear. Additionally, the market is witnessing a surge in demand for sustainable and eco-friendly footwear options. Consumers are increasingly prioritizing products that align with environmental values, pushing manufacturers to adopt sustainable practices in production, material sourcing, and recycling initiatives. This focus on technology and sustainability acts as a dual driver fostering growth and evolution in the outdoor footwear market.
In July 2019, Run247 declared the the introduction of new Cloudrock hiking boot. This product is a waterproof membrane which safeguards from wind and water but still allows the feet breath.
(Source:run247.com/gear/shoes/on-launch-new-cloudrock-hiking-boot)
Market Dynamics of Outdoor Footwear
Seasonal Demand and Weather Dependency to Restrict Market Growth
One of the key restraints affecting the Outdoor Footwear market is its susceptibility to seasonal demand and weather conditions. Outdoor footwear, especially those designed for specific activities like hiking or winter sports, experiences fluctuating demand based on weather patterns. During off-seasons or unfavorable weather conditions, the demand for outdoor footwear declines, impacting sales and revenue for manufacturers and retailers. This seasonality creates challenges in inventory management, production planning, and can lead to excess stock during off-peak periods, affecting overall market stability.
Impact of COVID–19 on the Outdoor Footwear Market
The COVID-19 pandemic significantly impacted the outdoor footwear market, introducing challenges and transformations. The initial phases of the pandemic led to supply chain disruptions, causing delays in manufacturing and distribution. Lockdowns and restrictions on outdoor activities resulted in a decline in consumer demand, particularly for non-essential items like outdoor footwear. E-commerce became a crucial channel for sales as brick-and-mortar stores faced closures. However, as restrictions eased, there was a shift in consumer preferences towards comfortable and versatile outdoor footwear, reflecting a growing interest in outdoor activities closer to home. The industry adapted by emphasizing online sales, implementing safety measures, and focusing on innovative product offer...
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The Global Sports Footwear Market is Segmented by Product Type (Running Shoes, Sports Shoes, Trekking/Hiking Shoes, and Other Product Types), End User (Men, Women, and Children), Distribution Channel (Sports and Athletic Goods Stores, Supermarkets/Hypermarkets, Online Retail Stores, and Other Distribution Channels), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Report Offers Market Size and Values in USD During the Forecast Years for the Abovementioned Segments.
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Footwear Market size was valued at USD 373.84 Billion in 2024 and is projected to reach USD 484.72 Billion by 2031, growing at a CAGR of 3.30% during the forecasted period 2024 to 2031.
The Footwear market is driven by several factors including rising global population and increasing disposable incomes, which enhance consumer purchasing power for a variety of footwear options. The growing influence of fashion trends and celebrity endorsements, along with the proliferation of social media, significantly boosts demand for trendy and stylish footwear. Additionally, the increasing awareness about health and fitness fuels the demand for athletic and sports shoes. Technological advancements in footwear manufacturing, such as 3D printing and sustainable materials, also drive market growth by offering innovative and eco-friendly products. Furthermore, the expansion of e-commerce platforms provides consumers with convenient access to a wide range of footwear, while aggressive marketing strategies and frequent product launches by key players further stimulate market expansion.
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The bicycle shoe market size is estimated to be valued at US$ 1.22 billion in 2023 and is expected to reach US$ 1.75 billion by 2033. The adoption of bicycle shoe likely to advance at a CAGR of 3.7% during the forecast period.
Attribute | Details |
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Estimated Market Size 2023 | US$ 1.22 billion |
Projected Market Size 2033 | US$ 1.75 billion |
CAGR through 2023 to 2033 | 3.7% |
Report Scope
Attribute | Details |
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Market Value in 2023 | US$ 1.22 billion |
Market Value in 2033 | US$ 1.75 billion |
Growth Rate | CAGR of 3.7% from 2023 to 2033 |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in US$ billion and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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Customization& Pricing | Available upon Request |
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The Global Footwear Market, Encompassing Shoes, Boots, Sandals, Sneakers, Slippers, Heels, Loafers, Flats, Moccasins, and Clogs, is Seeing A Surge in Demand for Stylish, Comfortable, and Sports-Centric Footwear. This is Driven by the Rise in Sports Participation and the Growing Trend for Environmentally Friendly Footwear. Key Exporters Include China and India, While Major Players Like Puma SE, Nike Inc. , Asics Corporation, Fila Group, and Adidas AG Dominate the Market With Innovative Strategies and Products.
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Japan athletic footwear market size reached USD 4.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 6.6 Billion by 2033, exhibiting a growth rate (CAGR) of 4.3% during 2025-2033. The market is being driven by significant factors, such as the surging support through endorsements and sponsorships from professional athletes and sports teams, a heightened awareness of the health and fitness advantages, and ongoing technological advancements.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 4.4 Billion |
Market Forecast in 2033 | USD 6.6 Billion |
Market Growth Rate 2025-2033 | 4.3% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on product type, sports footwear type, end user, and distribution channel.
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The Diabetic Footwear Market Report is Segmented by Product Type (Shoes, Sandals, and Slippers), by End User (Men and Women), by Distribution Channel (Offline Retail Stores and Online Retail Stores), and by Geography (North America, Europe, Asia Pacific, and Rest of the World). The Report Offers the Market Size in Value Terms in USD for all the Above-Mentioned Segments.
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As per newly released data by Future Market Insights (FMI), the Casual Shoes Market is estimated at USD 168.3 million in 2022 and is projected to reach USD 241.9 million by 2032, at a CAGR of 3.7% from 2022 to 2032.
Attribute | Details |
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Estimated Casual Shoes Market Size 2022 | US$ 168.3 Million |
Projected Casual Shoes Market (2032) Market Size | US$ 241.9 Million |
Value CAGR (2022 to 2032) | 3.7% |
Scope of Report
Attribute | Details |
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Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2021 |
Market Analysis | USD Million for Value |
Key Regions Covered | North America, Latin America, Europe, East Asia, South Asia, Oceania & Middle East and Africa(MEA) |
Key Countries Covered | USA, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, Russia, South Africa, Northern Africa GCC Countries, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia & New Zealand. |
Key Segments Covered | Closure Type, Application, Consumer Orientation, Sales Channel, and Region. |
Key Companies Profiled |
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Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
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The size and share of the market is categorized based on Application (Men, Women) and Product (Boots, Shoes, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
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According to FMI, the vegan footwear market is projected to grow from US$ 30,072.1 million in 2023 to US$ 60,992.6 million by 2033, expanding at a CAGR of 7.3% from 2023 to 2033.
Attribute | Details |
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Vegan Footwear Market Value (2023) | US$ 30,072.1 million |
Vegan Footwear Market Anticipated Value (2033) | US$ 60,992.6 million |
Vegan Footwear Market Growth Rate (2023 to 2033) | 7.3% |
2018 to 2022 Vegan Footwear Market Outlook in Comparison to 2023 to 2033 Growth Forecast
Historical CAGR (2018 to 2022) | 5.9% |
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Forecast CAGR (2023 to 2033) | 7.3% |
2018 | US$ 22,383.7 million |
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2022 | US$ 28,159.7 million |
2023 | US$ 30,072.1 million |
2033 | US$ 60,992.6 million |
Category-wise Insights
Segment | Product Type |
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Attributes | Shoes |
Details (CAGR) | 35.6% |
Segment | Material Type |
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Attributes | Microfiber |
Details (CAGR) | 26.6% |
Scope of Report
Attribute | Details |
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Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | US$ million for Value |
Key Regions Covered |
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Key Countries Covered | The United States, Canada, Brazil, Mexico, Germany, The United Kingdom, France, Spain, Italy, Russia, Benelux, South Africa, Northern Africa GCC Countries, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, and New Zealand. |
Key Segments Covered |
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Key Companies Profiled |
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Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
The global revenue in the footwear market was forecast to continuously increase between 2024 and 2029 by in total 60.8 billion U.S. dollars (+12.29 percent). After the eighth consecutive increasing year, the revenue is estimated to reach 555.32 billion U.S. dollars and therefore a new peak in 2029. Find further information concerning the revenue in the footwear market in Mexico and the revenue in the footwear market in Czechia. The Statista Market Insights cover a broad range of additional markets.