According to a new
market report published by Transparency Market Research “Footwear
Market - North America Industry Analysis, Size, Share, Growth, Trends
and Forecast 2015 - 2021,” North America Footwear
Market was valued at USD 80,594.4 million in 2014, growing at a CAGR
of 1.5% from 2015 to 2021 to account for USD 89,717.9 million by
2021.
The North America
footwear market is mainly driven by factors such as increasing
consumer preferences for innovative product designs and the urge to
stay active and fit. Moreover, change in fashion coupled with the
easy availability of footwear through online platforms is driving the
growth of footwear market. The athletic footwear segment is expected
to be growing at a faster rate as compared to the non athletic
segment in terms of revenue. Growing number of athletes and the multi
purpose usage of athletic footwear are some of the factors
responsible for the fast growth of the athletic footwear segment as
compared to the non athletic segment.
Browse the full
Footwear
Market Report @ :
By product type, the
North America Footwear market is categorized into: athletic footwear
and non-athletic footwear. The market for non-athletic footwear is
comparatively larger as compared to the athletic footwear market and
the trend is expected to remain same throughout the forecast period.
Factors such as growth in the online sales and changing lifestyle
have resulted in an increased demand for footwear in North America.
Athletic footwear
market has been further segmented into– insert shoe, sports (cross
training), hiking shoes and backpacking boots. Dress/formal, casual
footwear and fashion footwear are the sub segments of the
Non-athletic footwear market.
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Sample Report :
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The U.S. held the
largest share in North America in 2014 in terms of revenue and the
country is expected to continue its dominance throughout the forecast
period. Improvement in comfort levels of footwear and changing
fashion trends are mainly driving the footwear market in the U.S.
The report covers
the footwear types in North America and also the key players
operating in footwear market. The key players have been profiled on
the basis of company overview, financial overview, business
strategies and recent developments. Major market participants
profiled in this report include Adidas AG, Nike Inc, Asics Corp and
The Aldo Group Inc. among others.
- Athletic Footwear
- Non-athletic Footwear
The report
provides a cross-sectional analysis of all the above segments with
respect to the following countries:
- U.S.
- Canada
- Mexico
- Rest of North America
Browse the full
Footwear
Market Press Release @ :
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Transparency Market
Research (TMR) 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. TMR’s
experienced team of Analysts, Researchers, and Consultants, 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.
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