Market Insights Consumer
- United States
- In 2024, the Footwear market in the United States is expected to generate revenue of US$91.51bn, making it the largest revenue-generating market globally.
- The market's revenue is expected to grow annually at a rate of 3.25% (CAGR 2024-2028).
- The Textile & Other Footwear segment is the largest segment in the market, with a market volume of US$28.32bn in 2024.
- When considering the population figures, the per-person revenue generated in the Footwear market is expected to be US$270.30 in 2024.
- The market's volume is expected to reach 1.97bn pairs by 2028, with a volume growth of 1.6% in 2025.
- The average volume per person in the Footwear market is expected to be 5.45pairs in 2024.
- Non-Luxury are expected to account for 92% of sales in the Footwear market by 2024.
- The United States' footwear market is seeing a rise in demand for sustainable and ethically-produced shoes.
Key regions: United States, India, Australia, United Kingdom, China
Definition:
The Footwear market comprises all kinds of shoes that are designed and intended for a variety of activities. This market includes athletic, casual, formal, and other town footwear but excludes work and safety shoes. Depending on their purpose and function, these shoes are made from leather, textile, plastic, rubber, and/or wood materials. The market covers women’s, men’s, and children’s footwear. Just like the Apparel market, the Footwear market is currently being shaped by a tremendous change in customer purchase habits. The upswing in e-commerce store concepts is putting significant pressure on stationary retail stores.
Structure:
The market is divided into Sneakers, Athletic Footwear, Leather Footwear, and Textile & Other Footwear. Sneakers are defined as everyday footwear with an athletic appearance. Athletic Footwear refers to shoes specifically designed for sports activities such as tennis, basketball, soccer, and running. Leather Footwear encompasses boots, sandals, town footwear, clogs, and similar shoes that are made of leather uppers. Textile & Other Footwear refers to town footwear with textile, rubber, and/or plastic uppers. Rubber boots, flip-flops, and wooden clogs are also included here.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (per pair), luxury revenue share, sustainable footwear share, and sales channels. The sales channel Online refers to the purchase of physical goods in online retail. In other words, the purchase is concluded via the internet, be it on a desktop PC, tablet, or smartphone. The distribution channel Offline covers all purchases in stationary stores, by telesales, or via mail order (e.g., print catalogs).
Key players in the market include companies that have the biggest share in the Footwear market such as Nike, Adidas, New Balance, Skechers, and Puma.
For more information on the displayed data, use the info button directly next to the boxes.
in-scope
- Leather Footwear
- Athletic Footwear
- "Athleisure" footwear (everyday shoes with athletic design)
- Other town footwear (e.g. with textile uppers)
out-of-scope
- Work and safety shoes
Footwear
- Sneakers
- Athletic Footwear
- Leather Footwear
Related markets:
Alcoholic Drinks
Non-Alcoholic Drinks
Hot Drinks
Food
Tobacco Products
Apparel
Eyewear
Accessories
Consumer Electronics
Household Appliances
Furniture
OTC Pharmaceuticals
Luxury Goods
Please wait
Download PDF FAQs and more info on the methodology
Market
Region
Region comparison
Currency
Analyst Opinion
The overall outlook for the fashion industry remains positive as the share of the apparel and footwear portfolio is expected to decline only slightly, leading to enormous overall growth potential. The most important driver for the global footwear market is the increasing importance of emerging markets not only as production sites but also as consumer markets. This indicates a strong impetus for producers and retailers to diversify their geographical presence to enable further growth. Additionally, the athleisure trend that combines comfort with chic and has elevated functional sportswear to coveted fashion statements is bound to continue.
Methodology
Data coverage:
Data encompasses B2C enterprises. Figures are based on the consumer spending on footwear which comprises Sneakers, Athletic Footwear, Leather Footwear, and Textile & Other Footwear segments that are produced for private end customers for both offline retail (department stores, traditional specialist shops) and online retail (e-commerce, ordering by catalog).
Modeling approach / Market size:
Market sizes are determined by a combined Top-Down and Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use resources from the Statista platform, national statistics, industry research, market data from independent databases and third-party sources, historical developments, current trends, reported performance indicators from the key market players, and Statista interviews with market experts. Next we use relevant key market indicators and data from country-specific associations such as GDP, consumer spending, consumer price index, and population. This data helps us to estimate the market size for each country individually.
Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the exponential trend smoothing illustrates suited forecasting for the Footwear market with projected steady growth. The main drivers are GDP per capita and consumer spending per capita.
Additional Notes:
The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.
Overview
- Revenue
- Key Players
- Sales Channels
- Analyst Opinion
- Volume
- Purchase Criteria
- Price
- Global Comparison
- Methodology
- Key Market Indicators
Please wait
Contact
Get in touch with us. We are happy to help.
Meredith Alda
Sales Manager– Contact (United States)
support@statista.com
Tel
+1 914 619-5895
Mon - Fri, 9am - 6pm (EST)
Yolanda Mega
Operations Manager– Contact (Asia)
asia.support@statista.com
Tel
+65 6995 6959
Mon - Fri, 9am - 5pm (SGT)
Kisara Mizuno
Senior Business Development Manager– Contact (Asia)
asia.support@statista.com
Mon - Fri, 10:00am - 6:00pm (JST)
Lodovica Biagi
Director of Operations– Contact (Europe)
eu.support@statista.com
Tel
+44 (0)20 8189 7000
Mon - Fri, 9:30am - 5pm (GMT)
Carolina Dulin
Group Director - LATAM– Contact (Latin America)
latam@statista.com
Tel
+1 212 419-5774
Mon - Fri, 9am - 6pm (EST)
To get full access to our Market Insights you need a Professional Account or a Business Suite
- Unlimited access to our Market Insights
- Statistics and reports
- Usage and publication rights
Get access
Already have an account? Login
