Global Footwear Market is Expected to Reach USD 211.5 Billion in 2018: Transparency Market Research

Global Footwear Market is Expected to Reach USD 211.5 Billion in 2018: Transparency Market Research

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Global Footwear Market is Expected to Reach USD 211.5 Billion in 2018: Transparency Market Research PR Newswire ALBANY, New York, September 18, 2012 ALBANY, New York, September 18, 2012 /PRNewswire/ -- According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Footwear Market - Global Industry Size, Market Share, Trends, Analysis, and Forecast, 2012 - 2018," the global footwear market was worth USD 185.2 billion in 2011 and is expected to reach USD 211.5 billion in 2018, growing at a CAGR of 1.9% from 2011 to 2018. In the overall global market, Asia Pacific is expected to maintain its lead position in terms of revenue till 2018. Asia Pacific is expected to enjoy 30.1% of the global footwear market revenue share in 2018 followed by Europe. Browse the full report at http://www.transparencymarketresearch.com/footwear-market.html The global footwear market is experiencing a stable growth rate due to changing fashion trends. This market has exhibited sustainable development owing to driving factors such as rising demand for innovative designs, growing awareness about healthy and active lifestyle, rising population and disposable income levels, and rise in retail culture. The athletic footwear market is expected to grow at a CAGR of 1.8% from 2011 to 2018 to reach USD 84.4 billion by 2018.

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Global Footwear Market is Expected to Reach USD 211.5 Billion in 2018: Transparency Market Research
PR Newswire ALBANY, New York, September 18, 2012
ALBANY, New York,September 18, 2012/PRNewswire/ --According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Footwear Market - Global Industry Size, Market Share, Trends, Analysis, and Forecast, 2012-2018," the global footwear market was worthUSD 185.2 billionin 2011 and is expected to reachUSD 211.5 billionin 2018, growing at a CAGR of 1.9% from 2011 to 2018. In the overall global market,Asia Pacificis expected to maintain its lead position in terms of revenue till 2018.Asia Pacificis expected to enjoy 30.1% of the global footwear market revenue share in 2018 followed byEurope. Browse the full report at http://www.transparencymarketresearch.com/footwear-market.html The global footwear market is experiencing a stable growth rate due to changing fashion trends. This market has exhibited sustainable development owing to driving factors such as rising demand for innovative designs, growing awareness about healthy and active lifestyle, rising population and disposable income levels, and rise in retail culture. The athletic footwear market is expected to grow at a CAGR of 1.8% from 2011 to 2018 to reachUSD 84.4 billionby 2018. Non-athletic footwear is the largest market segment and is expected to grow at a faster CAGR as compared to the athletic footwear segment. Various fashion trends in the market such as demand for innovative designs and styles, and celebrity endorsement is driving the non-athletic footwear market. The global footwear market is segmented into Men, Women and Kids footwear. Men's footwear market is a leading segment with 52% market share of the overall footwear market. Kids footwear market is expected to grow at a CAGR of 3.7% due to the high demand of comfortable and designer footwear for kids.
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eDiscovery Software Market Based on type of distribution, footwear retailing is sub-divided into store-based and non-store retailing. Store-based footwear retailing accounted for most of the footwear market revenue and is valued atUSD 173.6 billionin 2011. Non-store footwear retailing is expected to gain pace in future and is expected to grow at a CAGR of 6.9% from 2011 to 2018 to reachUSD 18,588 millionby 2018. TheAsia Pacificregion holds the largest share at 42% of the overall footwear market and is expected to grow at a CAGR of 2.1% from 2011 to 2018 followed byEuropewith 21% of market share. TheAsia Pacificregion remains the point of focus for footwear manufacturers due to the cheaper cost of manufacturing and faster growth in population and disposable income of consumer groups. Nike is the world leader in athletic and non-athletic footwear segment and comprehensively leads the overall global footwear market. The footwear market is largely consolidated with top five players including Nike, Adidas, Reebok, Puma and New Balance holding around 70% market share. Other major players in the footwear market are Asics, Converse, Sketchers and K-Swiss. The popularity of local manufacturers and growing piracy in developing countries remains the major challenge for global footwear manufacturers. Browse all Consumer Goods Market Reports Upcoming Reports inConsumer Goods Market Personal Care Market Logistics Market Tobacco Product Market Baby Diapers Market Hair Care Market Carpets And Rugs Market Fragrances Market Oral Hygiene Market Outdoor Furniture And Grills Market Personal Hygiene Market About Us Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact Sheela AK 90 Sate Street, Suite 700 Albany, NY12207
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