According to IMARC Group’s latest report, titled “United States Footwear Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market is currently witnessing stable growth in 2020. Footwear is produced using various materials, such as leather, canvas, wood, jute, rubber, plastic, etc., to provide protection and comfort to the feet. The quality and style of the product have evolved over the years with the changing fashion trends and aesthetics. Consumers prefer purchasing footwear with advanced technical fabrications that deliver maximum comfort while adhering to the ongoing style trends. The steadily increasing demand for superior quality variants has resulted in several innovations that provide optimum support to the feet and emphasize unique designs. As a result, footwear is extensively available in clothing stores, supermarkets, online channels, specialty stores, hypermarkets, etc., across the United States.
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The emerging trend of athleisure footwear, which combines sports footwear with contemporary fineness, is among the primary factors driving the United States footwear market. Besides this, the launch of the latest product variants with trending designs and styles is further augmenting the market growth. Apart from this, the development of smart shoes by the leading companies, such as those that are self-lacing and have pressure sensors in the soles, is also catalyzing the market across the country. Moreover, the elevating research and development (R&D) activities aimed at the introduction of hay-based sneakers and biodegradable or vegan stilettos are acting as significant growth-inducing factors. Furthermore, the escalating accessibility of shoes across various e-commerce and well-developed retail channels is anticipated to propel the United States footwear market over the forecasted period. Looking forward, the United States footwear market is expected to continue its stable growth during the forecast period (2021-2026).
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Segmentation:
Breakup by Product:
- Non-Athletic Footwear
- Athletic Footwear
Breakup by Material:
- Rubber
- Leather
- Plastic
- Fabric
- Others
Breakup by Distribution Channel:
- Footwear Specialists
- Supermarkets and Hypermarkets
- Departmental Stores
- Clothing Stores
- Online Sales
- Others
Breakup by Pricing:
- Premium
- Mass
Breakup by End User:
- Men
- Women
- Kids
Breakup by Region:
- Northeast
- Midwest
- South
- West
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Key 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
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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