According to the latest report of the IMARC group, entitled “United States footwear market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market is currently experiencing stable growth in 2020. Footwear is a protective covering for the feet generally made of leather, rubber, plastic, jute, etc. Wearing them provides optimal support for the feet and facilitates locomotion. Moreover, the shoes also cushion the feet against injuries caused by environmental adversities. Over time, shoe styles and quality have evolved alongside changing aesthetics and fashion trends. Currently, consumers are opting for shoes with advanced technical fabrications and features that provide maximum comfort while keeping up with current style trends.
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The constantly changing fashion trends in the United States are mainly driving the footwear market. With this in mind, there is a continuous launch of innovative product variants with trending designs and styles in the market as the country is one of the early adopters of the latest fashion trends. Additionally, the increasing availability of a wide range of shoes in various e-commerce and bricks and mortar retail channels is further driving the growth of the market. Additionally, the growing demand for premium footwear is driving product innovations that focus on unique designs and foot comfort. Additionally, several leading companies are developing smart product variants with sensors and trackers to expand their product portfolios. Various other factors including increasing R&D activities to introduce sustainable footwear like biodegradable shoes and vegan stilettos are expected to further strengthen the US footwear market in the coming years. Going forward, the market is expected to continue its steady growth over the forecast period (2021-2026).
Like the new coronavirus (COVID-19[female[feminine) the crisis is taking over the world, we are constantly monitoring the changes in the markets, as well as the behaviors of the consumers of the sector in the world and our estimates on the latest market trends and forecasts are made after taking into account the impact of this pandemic.
Breakdown by product:
- Non-athletic shoes
- Sport shoes
Breakdown by material:
Breakdown by distribution channel:
- Footwear specialists
- Supermarkets and Hypermarkets
- Departmental stores
- Clothing stores
- Sold online
Breakdown by price:
Breakdown by end user:
Breakdown by region:
- North America (USA, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Main highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market trends
- Market drivers and success factors
- Impact of COVID-19
- Value chain analysis
- Complete mapping of the competitive landscape
If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.
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