2020 Global Footwear Market Analysis, Featuring Key Market Players adidas AG, Reebok, Deckers Brands, Nike Inc, Puma and Vans, Inc.

Dublin, June 04, 2020 (GLOBE NEWSWIRE) -- The "Footwear - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

The footwear market worldwide is projected to grow by US$75.9 Billion, driven by a compounded growth of 3%. Casual, one of the segments analyzed and sized in this study, displays the potential to grow at over 3.6%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$194.9 Billion by the year 2025, Casual will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 2.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$2.4 Billion to the region's size and clout in the next 5 to 6 years. Over US$4.8 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, Casual will reach a market size of US$8.1 Billion by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 4.6% over the next couple of years and add approximately US$13.2 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East.

Competitors identified in this market include, among others:

• adidas AG

• Reebok International

• ANTA Sports Products Ltd.

• ASICS Corp.

• Bata

• Bata India Ltd.

• Caleres

• Deckers Brands

• ECCO Sko A/S

• Geox s.p.a

• Gucci Group NV

• Kenneth Cole Productions, Inc.

• LaCrosse Footwear, Inc.

• Nike Inc.

• Nine West

• Power Athletics Ltd.

• Puma SE

• RG Barry Corp.

• Timberland LLC

• Vans, Inc.

• Weyco Group Inc.

• Wolverine World Wide, Inc.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/tnxax6

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