The Footwear Segment in United States of America registered Sales value of USD 96,905.12 million in 2023
The indicator recorded a historical growth (CAGR) of 11% between 2020 to 2023, and is expected to grow by...
GlobalData projects the indicator to grow ...
The footwear market consists of the total revenues generated through the sale of all types of men's, women's and children's shoes. It includes all footwear categories for men, women, boys and girls, but excludes sports-specific footwear.
The US footwear market experienced stable growth through most of the historic period but was offset by a sharp decline in revenues during 2020. The market is expected to recover with strong growth in 2021 and 2022 with modest growth anticipated throughout the remaining forecast period.
While the roll-out of vaccines and relaxation of lockdown restrictions and social distancing will boost consumer spending in 2021, the US footwear market is still expected to struggle with social and economic damage left by the aftermath of the pandemic. A sharp increase is anticipated in 2021 as market conditions start to return to normal and regular spending patterns start to emerge, but after this, growth is expected to be much weaker as consumer confidence takes longer to return to pre-pandemic levels.
Market Segmentation
Women's footwear is the largest segment of the footwear market in the United States, accounting for significant share of the market's total value. The Men's footwear segment accounts for a further prominent share of the market.
United States footwear market category segmentation
Geography segmentation
The United States accounts for significant share of the global footwear market value.
Asia-pacific accounts for a further notable share of the global market.
Market distribution
Clothing, Footwear and Accessories Specialists form the leading distribution channel in the United States footwear market.
Online Specialists accounts for a further prominent share of the market.
United States footwear market distribution
Top Women’s Footwear brands by value & price positioning
France
France
Switzerland
United Kingdom
United States of America
Germany
France
Taiwan
Switzerland
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