Footwear Market Forecast 2030: Key Players & Emerging Trends
Footwear Market Size & Insights
As per recent study by MarkNtel Advisors The Global Footwear Market size was valued at around USD 428 billion in 2024 and is projected to reach USD 564.44 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.72% during the forecast period, i.e., 2025-30.
What are the Key DROs in the Footwear Market?
Growing Popularity of Online Shopping – Due to an increase in the popularity of online shopping platforms and social media, the process of buying footwear has become easy and more accessible. Using social media, people can see what is trending and are more likely to align with current fashion trends, which results in more people buying footwear that is trending. People can now even customize and personalize their products on online shopping platforms which results in a much more unique product and customer satisfaction. This helps people to choose their style based on their preference which makes every product more personalized. Due to online platforms being so popular, various fashion influencers also use them to buy footwear, which makes the trend keep on changing and evolving and then resulting in many more purchases of similar products. Moreover, some brands like Adidas are integrating with Augmented Reality (AR), using which a person can virtually try the product.
What are the Key Segments in the Footwear Market?
The Footwear is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
· By Product Type
o Athletic
o Non-Athletic
· By Material
o Leather
o Non-Leather
§ Rubber
§ Plastic
§ Fabric
§ Others
· By End-User
o Men
o Women
o Children
· By Sales Channel
o Online
o Offline
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How does geographical analysis highlight in the Footwear market?
By Region
· North America
· South America
· Europe
· Middle East & Africa
· Asia-Pacific
According to the research report, Asia-Pacific is projected to witness the highest revenue growth for the forecast period, 2025-30
Who are the Key Players in Footwear Market?
Adidas AG, Asics Corp. Authentic Brands Group LLC (Reebok International Limited), Bata Corporation, Columbia Sportswear, Deichmann SE, ECCO Sko A/S, Fila Holdings Corp., Geox, Jack Wolfskin, New Balance, Nike Inc., Puma SE, Relaxo Footwears Limited, Skechers USA, Inc., The ALDO Group, Timberland, Under Armour, Inc., Wolverine World Wide, Inc. and others
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Footwear Market News
- 2025: Adidas introduced a new Originals Golf line, blending streetwear and golf culture. The collection, featuring sneakers like the Coursecup and Gazelle Golf, was inspired by the growing influence of streetwear in golf. Released ahead of the 2025 Master’s Tournament, the line showcased apparel in vibrant blues, greens, yellows, and whites.
- 2024: Timberland Pro diversified its product range by including footwear tailored for the hospitality sector. Through its specialized division for skilled trade professionals, Timberland launched the Burbank Collection, marking the brand's inaugural line of footwear designed specifically for workers in the restaurant and hotel sectors. The collection features industry-standard all-black designs meticulously crafted to prioritize comfort, durability, protection, and slip resistance.
- 2024: Nike Inc., introduced its new product, the Air Max Dn Shoe, designed to be comfortable and appealing.
Key pillars of the research methodology include:
· Scope & Research Design – Clearly defined objectives with tailored qualitative and quantitative methods, backed by precise timelines and budgets.
· Sample Selection & Data Collection – Representative samples achieved through proven techniques like random and stratified sampling, supported by reliable tools such as surveys, interviews, and observations.
· Data Analysis & Validation – Rigorous cleaning, advanced statistical modeling, and thematic analysis ensure accuracy, reliability, and minimal bias.
· Forecasting & Finalization – Predictive modeling and time-series analysis anticipate future market behaviors, presented through insightful reports with charts, graphs, and strategic recommendations.
"Our methodology reflects the trust businesses place in us. By combining innovation with precision, we deliver not just numbers, but clarity and direction for decision-makers worldwide," said a spokesperson for MarkNtel Advisors.
Why This MarkNtel Advisors Research Report:
- In-depth Market Analysis: Understand trends and dynamics shaping growth.
- Segmented Insights: Target specific segments for focused strategies.
- Geographical Performance: Assess market opportunities by geographic area.
- Emerging Technologies: Discover advancements like AI integration.
- Risk Identification: Pinpoint challenges to inform strategic planning.
- Future Forecasts: Prepare for market changes with actionable projections.
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