Per capita sales volume in the Footwear market for different segments Hong Kong 2019-2029

Significant fluctuations are estimated for all segments over the forecast period for the average volume per capita. Nevertheless, the average volume per capita is expected to be notably the highest in the segment Boots throughout the entire forecast period. For example, this segment achieves a maximum value of 14.96 U.S. dollars, which is significantly higher than the average of other highest values, amounting to 4.73 U.S. dollars.

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Per capita sales volume in the Footwear market for different segments Hong Kong from 2019 to 2029

Characteristic	Boots	Sneakers	Gym & Training	Running
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Supplementary notes

Data provided by Statista Market Insights are estimates.

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, Running, Gym & Training, Boots, Business & Formal, Sandals. Sneakers are defined as everyday footwear with an athletic appearance.Running shoes are specifically designed to provide support, cushioning, and stability for running activities. Gym & Training footwear includes shoes designed for various indoor and outdoor training activities, offering versatile support and flexibility for weightlifting, cardio workouts, CrossFit, and other fitness routines. Boots encompass a wide range of styles, including ankle boots, knee-high boots, and hiking boots, designed for durability and protection across various terrains and weather conditions. Business & Formal footwear includes shoes designed for professional and formal occasions, featuring polished leather shoes, classic oxfords, loafers, and dress shoes that complement business attire and evening wear. Sandals are open-toe footwear providing breathability and comfort in warm weather, including casual flip-flops, elegant strappy sandals, and supportive walking sandals suitable for everyday wear and special occasions.

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, 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.

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