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.
Albany, NY -- (SBWIRE) -- 12/18/2015 -- The global footwear market has seen diversified trends across different geographic regions such as North America, Europe, Asia Pacific, and Rest of the World. The footwear market is expected to see robust growth due to increase in the number of consumers every year and growing demand for new design footwear. The market has been divided into three segments: by types of footwear, by consumer group, and by geography. Types of footwear include athletic footwear and non-athletic footwear. The report also offers insights about the sub-segment of athletic footwear and non-athletic footwear. In addition, the market has been segmented into consumer group, which includes men, women, and kids.
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Furthermore, the market is segmented on the basis of geographic region, which includes North America, Asia Pacific, Europe, and RoW. North America would account for the maximum share in terms of value in the global footwear market where as Asia Pacific is expected to maintain the leading position in terms of volume during the forecast period.
Some of the top players in the global footwear market are Nike, Adidas, Ascis, Puma, VF Corp, Skechers and New Balance among others. At present, among the top players in the global footwear market, Nike is the leading footwear company followed by Adidas and Ascis. Nike and Adidas have the more number of retail outlets, strong distribution channel, and large customer base globally. Asics and Puma are popular in the European market where as VF Corp., Skechers, and New Balance are American companies with strong presence in the American footwear market.
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