Market Size of Global Women's Non-athletic Footwear Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 132.83 Billion |
Market Size (2029) | USD 159.15 Billion |
CAGR (2024 - 2029) | 3.68 % |
Fastest Growing Market | South America |
Largest Market | Asia-Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Women Non Athletic Footwear Market Analysis
The Global Women's Non-athletic Footwear Market size is estimated at USD 132.83 billion in 2024, and is expected to reach USD 159.15 billion by 2029, growing at a CAGR of 3.68% during the forecast period (2024-2029).
- The COVID-19 pandemic has adversely affected several industries, including the women's non-athletic footwear market, across the world. Given the combined effect of outlet closures and frugality resulting from the rapidly deteriorating economic situation, the discretionary character of footwear made it one of the most seriously hit businesses by the pandemic. However, with the presence of online shopping and doorstep delivery, the non-athletic footwear category witnessed a pace in demand over the mid-months of 2020.
- In the past few years, the women's non-athletic footwear industry witnessed robust growth, which is expected to continue in the future. Consumers, primarily women, are more concerned about their dressing and footwear. They are mainly influenced by commercial advertisements, movies, entertainment channels, and others.
- Additionally, women's footwear brands use famous or well-known personalities. In other words, celebrity endorsements promote footwear brands, which is influencing consumer behavior. These factors are expected to drive the global demand for the women's footwear market in the future.
Women Non Athletic Footwear Industry Segmentation
The women's non-athletic footwear products are worn on their feet for protection and fashion by women. The global women's non-athletic footwear market is segmented by type, distribution channel, category, and geography. By type, the market is segmented into boots and shoes, heels and pumps, flats, sandals, and other footwear types. By distribution channel, the market is segmented into online and offline. By category, the market is segmented into mass and premium. By geography, the global women's non-athletic footwear market is segmented into North America, Europe, Asia Pacific, South America, and Middle-East and Africa. For each segment, the market sizing and forecasting have been done in value terms (USD billion).
Global Women's Non-athletic Footwear Market Size Summary
The women's non-athletic footwear market is poised for significant growth, driven by evolving consumer preferences and the increasing influence of digital platforms. The industry has rebounded from the setbacks caused by the COVID-19 pandemic, which had severely impacted sales due to outlet closures and economic downturns. However, the shift towards online shopping and the adoption of technologies like Augmented Reality have revitalized demand, offering consumers enhanced shopping experiences. The market is characterized by a strong focus on branding and celebrity endorsements, which play a crucial role in shaping consumer choices. As e-commerce continues to expand, it is reshaping purchase behaviors and creating new opportunities for both single and multi-brand stores globally.
In the Asia Pacific region, the market dynamics are shifting as affluent middle-class consumers increasingly favor luxury footwear brands, viewing them as status symbols. This trend is supported by the presence of international brands and the dominance of domestic brands in countries like China. The Indian market, with its organized and unorganized segments, highlights the importance of price competitiveness. The global market remains highly fragmented, with regional and global players competing on product offerings, quality, and marketing strategies. Key players are leveraging e-commerce and innovation to expand their product portfolios, particularly in eco-friendly footwear. Collaborations and strategic mergers, such as those by Louis Vuitton, Prada, and CHANEL, underscore the industry's focus on strengthening supply chains and enhancing product offerings.
Global Women's Non-athletic Footwear Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.3.1 Bargaining Power of Suppliers
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1.3.2 Bargaining Power of Buyers
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1.3.3 Threat of New Entrants
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1.3.4 Threat of Substitutes
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Boots and Shoes
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2.1.2 Heels and Pumps
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2.1.3 Flats
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2.1.4 Sandals
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2.1.5 Other Footwear Types
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2.2 By Distribution Channel
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2.2.1 Online
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2.2.2 Offline
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2.3 By Category
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2.3.1 Mass
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2.3.2 Premium
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2.4 By Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Rest of North America
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2.4.2 Europe
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2.4.2.1 Spain
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2.4.2.2 United Kingdom
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2.4.2.3 Germany
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2.4.2.4 France
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2.4.2.5 Italy
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2.4.2.6 Rest of Europe
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2.4.3 Asia Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 Rest of Asia Pacific
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2.4.4 South America
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2.4.4.1 Brazil
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2.4.4.2 Argentina
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2.4.4.3 Rest of South America
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2.4.5 Middle-East and Africa
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2.4.5.1 South Africa
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2.4.5.2 Saudi Arabia
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2.4.5.3 Rest of Middle-East and Africa
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Global Women's Non-athletic Footwear Market Size FAQs
How big is the Global Women's Non-athletic Footwear Market?
The Global Women's Non-athletic Footwear Market size is expected to reach USD 132.83 billion in 2024 and grow at a CAGR of 3.68% to reach USD 159.15 billion by 2029.
What is the current Global Women's Non-athletic Footwear Market size?
In 2024, the Global Women's Non-athletic Footwear Market size is expected to reach USD 132.83 billion.