Global Footwear Market Capitalization Amounted To US $211 Billion 500 Million In 2018.

< p > recently, according to the Transparency Market Research, the 2012-2018 report on footwear market: global industry scale, market share, trend, analysis and forecast, the global footwear market has been driven by Asia Pacific and European market, and its total market value is expected to reach US $211 billion 500 million by 2018.

Compared with the 2011 footwear market value of $185 billion 200 million, the forecast data showed a composite annual growth rate of 1.9%.

The report shows that the Asia Pacific region enjoys 30.1% of market revenue in 2018, followed by Europe, with an income ratio of 21%.

< /p >

< p > Asia Pacific region, because of the relatively low cost and increasing population with more disposable income, remains the focus of footwear manufacturers' attention.

From 2011 to 2018, the composite annual growth rate of the region reached 2.1%.

< /p >

< p > according to the report, < a href= "//www.sjfzxm.com/news/index_x.asp" > sports shoes < /a > the market will grow 1.8% to 84 billion 400 million US dollars from 2011 to 2018; the demand for innovative designs and styles will increase in the non sports shoes market, and the celebrity endorsement effect will also speed up the growth.

< /p >

< p > the report also mentioned that < a href= "//www.sjfzxm.com/news/index_x.asp" > children's shoes Market < /a > the demand for shoes with strong comfort and design increases, and the annual growth rate is expected to be 3.7%.

< /p >

< p > > a href= "//www.sjfzxm.com/news/index_x.asp" > footwear > /a > retail is expected to catch up, reaching $18 billion 590 million in 2018, an increase of 6.9% over 2011.

Solid store footwear retail accounts for most of the market share of the footwear market, valued at $173 billion 600 million two years ago.

< /p >

The 5 major brands that occupy the leading position in the footwear market are Nike (Nike), Adidas (Adidas), Reebok (Reebok), Puma (Puma) and new Balance (New Balance), accounting for 70% of the total market share. The brands behind it include Ai Shi Ke (Asics), CONVERSE (Converse), Skech (Sketchers) and mount Gwai (K-Swiss).

< /p >