Market Insights report
The segment Textile & Other Footwear accounted for 35% of the Footwear revenue in 2022. The worldwide revenue of US$134 billion in 2022 is expected to increase to US$164 billion by 2028. Footwear is the second most important fashion segment within the retail business just behind apparel. Key companies are Nike, Adidas, Puma and New Balance. This report from the series of segment reports gives an overview of the Textile & Other Footwear market from an international perspective.
What's included?
The market for Textile & Other Footwear comprises models that are either not made of leather and/or cannot be assigned to athletic footwear or sneakers. Town footwear with textile, rubber or plastic uppers as well as rubber boots, flip flops and wooden clogs fall into this category. Just like the market for apparel, the Footwear market is currently shaped by a tremendous change in customers’ purchasing habits. The rise of eCommerce and new store concepts created by major sportswear manufacturers exert substantial pressure on stationary retail stores.
Overview
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