Global Footwear Market Space Analysed by Allied Market Research in Topical Report Now Available at MarketPublishers.com21 Aug 2015 • by Natalie Aster
LONDON – The worldwide footwear industry is growing at a healthy pace, driven by the soaring demand for stylish fancy and trendy though comfortable footwear amid all age classes. Furthermore, a considerable hike in the disposable personal incomes in tandem with considerable increase in the number of working professionals has brought about an excessive demand for footwear, thereby supporting the market growth.
The athletic footwear and non-athletic footwear segments are the two key types of footwear. Athletic footwear is mainly uilised for sports and associated physical activities whereas non-athletic footwear is suitable for daily formal and also casual occasions. Worldwide, the surging consciousness of fitness and health increases the demand for athletic footwear.
The APAC region is the dominant footwear market whilst regions like Latin America, the Middle East and Africa are amid of the potential markets for producers due to a comparatively lower market penetration of global footwear brands in these regions. At present, market players are expanding their sales channels and reach across various regions via web portals. Product launches, expansions and partnerships are the major strategies adopted by the leading market players. The market leaders are currently introducing novel products to broaden their product portfolios. Nike Inc., Adidas AG, Under Armour, Inc., PUMA, Timberland, Wolverine World Wide, Inc., and ECCO Sko A/S are some of the leading players in the marketplace.
Topical research report “World Footwear - Market Opportunities and Forecasts, 2014 - 2020” prepared by Allied Market Research presents an in-depth analysis of the footwear market, including deep insights into the current market trends and prospective opportunities to 2020. The comprehensive study provides a granular market segmentation analysis based on type, sale mode, gender, material and geography. It examines the factors impacting the demand for footwear, sheds light on the market dynamics like changing lifestyles, an upsurge in disposable personal incomes, growing concerns about health, which boosts the demand for athletic footwear. Porter's five forces analysis, as well as a value chain analysis of the industry can be found in the study. Market share analysis for 2014 is included as well. Additionally, the market competitive scene is thoroughly discussed, and detailed profiles of the dominant market players are provided in the report.
World Footwear - Market Opportunities and Forecasts, 2014 - 2020
Date: July, 2015
Price: US$ 4,515.00
More reports by the publisher can be found at Allied Market Research page.