Footwear Market Trends and Dynamics, Drivers, Competitive landscape and Future Opportunities
The global footwear market size was worth US$ 233.5 Billion in 2019. Looking forward, IMARC Group expects the market to reach a value of US$ 269.2 Billion by 2024, registering a CAGR of 2.4% during 2020-2025.. As per the analysis by IMARC Group, the top players in the footwear industry are increasingly focusing on customization to attract consumers and build stronger brand loyalty. Request for a free sample copy of this report: https://www.imarcgroup.com/footwear-market/requestsample With the significant changes in the lifestyles and fashion trends of consumers, footwear has evolved as a symbol of status. Consumers are nowadays more inclined toward purchasing footwear with advanced technical fabrications, which are superior in quality and provide maximum comfort to them. In recent years, the growing demand for footwear that blends fashion with comfort has prompted manufacturers to focus on designing technologically advanced smart shoes, which sig...