Leather Footwear Market Overview, Growth, Share, Revenue and Forecast 2019-2025

Leather Footwear Market Analysis, Size, Growth, Share & Forecast to 2025 | Grand View Research Inc.

“Leather Footwear Market Worth $202.30 Billion By 2025 | CAGR: 2.8%�

The global leather footwear market size is expected to reach USD 202,305 million by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 2.8% during the forecast period, attributed to the rise in working class population and disposable income, flourishing retail e-commerce sector, and evolving fashion trends in business wear. Availability of myriad products and shopping channels will further accelerate the growth.

Leather footwear market is closely aligned with consumer spending on fashion accessories. Rapid rise in spending on fashion accessories due to growing influence of social media is driving the market. Evolving shopping trends and increasing propensity toward buying high-end and designer shoes are estimated to fuel the market growth. On the other hand, availability of counterfeit shoe products developed by local manufactures may hinder growth. However, high demand for trendy, fancy, and comfortable footwear is driving the market growth.

The male end user segment accounted for the highest market share of about 56% in 2018. It is expected to register the fastest CAGR from 2019 to 2025. Growing awareness regarding physical appearance among the males along with evolving fashion trends, is also expected to drive the growth. High influence of advertising campaigns by big brands that feature popular male personalities is expected to result in an increasing demand from the young generation. Tailor made leather shoes is the trend that is expected to fuel the growth in male segment.

Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/leather-footwear-market

The female segment is anticipated to register a CAGR of 2.8% over the forecast period. The growth is due to the drop in purchase of heeled shoes. Increasing number of working women is driving the growth of female leather

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footwear industry. Women’s spending on leather footwear like high ankle length shoes, reptile and animal skin, suede ballerinas, pumps, boots, casual town shoes, sandals, and flip-flops is driving the growth.

In terms of distribution channel, the market is segmented into online and offline. Offline channel accounts for th e largest market share of more than 72.0% in 2018. Developed countries have high number of fashion stores where the range of products is well placed in iPads or interactive shelves as a part of the customer engagement strategy.Eobuwie.pl owned by CCC, Central Europe’s largest footwear retailer and the largest footwear manufacturer, created its own brand concept store, which allows user to browse through almost 450 brands via tablets at their fingertips. Online is anticipated to register the fastest CAGR of 3.2% over the forecast period.

Online shopping for footwear is less tedious and attractive to consumers compared to the clothes shopping, as a result of shoe size uniformity.

Key players in this market are Prada Holding B.V.; LVMH; Allen Edmonds; Kering S.A.; Bruno Magli; Cole Haan; Genesco Inc.; Hermès International S.A.; Salvatore Ferragamo S.p.A.; and Crockett & Jones.

Further key findings from the report suggest: • Male end user segment accounted for the highest share of approximately 55.0% in 2018 •

Offline based distribution channel accounts for the largest share of more than 72.0% in 2018, omni-channel retailing and in-store marketing solutions to enhance the shopping experience and to bridge the gap between offline and digital channels

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Some of the key players operating in the global leather footwear market include are Prada Holding B.V., LVMH, Allen Edmonds, Kering S.A., Bruno Magli, and Cole Haan

Table of Contents Chapter 1 Methodology And Scope 1.1 Research Methodology 1.2 Research Scope & Assumptions 1.3 List of Data Sources 1.4 List of Abbreviations Chapter 2 Executive Summary 2.2 Market Snapshot Chapter 3 Market Variables, Trends and Scope 3.1 Market segmentation & scope 3.2 Penetration & growth prospect mapping 3.3 Value chain analysis 3.4 Raw material outlook 3.4.1 Mineral wax 3.4.2 Synthetic wax 3.4.3 Natural wax

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3.5 Product pricing analysis 3.5.1 North America 3.5.2 Europe 3.5.3 Asia Pacific 3.5.4 Central & South America 3.5.5 The Middle East & Africa 3.6 Technological overview 3.7 Market competitive analysis 3.7.1 Company heat map analysis, by product Continue………………….

About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email: sales@grandviewresearch.com For More Information: http://www.grandviewresearch.com

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