Forecasted market value of the footwear industry in Canada 2014-2019
Canadian footwear sales
Footwear, originally created to protect our feet from damage and prevent injuries, is today a huge part of the apparel and fashion industries. Monthly retail sales of shoe stores in Canada have remained steady over the past couple of years. In 2018, sales peaked in November at around 357.56 million Canadian dollars. This is no surprise, as November is one of the key holiday season shopping months in Canada.
Athletic and sporting footwear
Athletic shoes were originally designed for sports, but today are widely worn for everyday use. Quarterly retail sales of men’s athletic footwear were around 275 million Canadian dollars in the third quarter of 2018 alone. When it comes to footwear specifically made for sports, most Canadians purchase a new pair of sports shoes every few years, and usually spend between 30 and 149 Canadian dollars.