United States Footwear Market Outlook
Footwear is a protective covering for the feet typically made of leather, rubber, plastic, jute, etc. Wearing them provides optimum support to the feet and makes locomotion easier. Moreover, footwear also cushions the feet against injuries caused by environmental adversities.
According to IMARC Group’s latest report, titled “United States Footwear Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the United States footwear market is expected to exhibit stable growth during 2021-2026.
Over a period of time, footwear styles and quality have evolved alongside changing aesthetics and fashion trends. Presently, consumers opt for footwear with advanced technical fabrications and features that provide maximum comfort while following the ongoing style trends.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
United States Footwear Market Trends:
The constantly evolving fashion trends in the United States are primarily driving the footwear market. In line with this, there is a continuous launch of innovative product variants with trending designs and styles in the market, as the country is an early adopter of the latest fashion trends. Besides this, the rising availability of a wide range of footwear across various e-commerce and brick-and-mortar retail channels is further providing thrust to the market growth.
Additionally, the growing demand for superior quality footwear is encouraging product innovations that emphasize on unique designs and comfort for the feet. Furthermore, several leading companies are developing smart product variants with sensors and trackers to expand their product portfolios.
Various other factors, including increasing R&D activities to introduce sustainable footwear, like biodegradable shoes and vegan stilettos, are expected to further strengthen the United States footwear market in the coming years. Looking forward, the market is expected to continue its stable growth during the forecast period (2021-2026).
Key Market Segmentation:
The report has categorized the market based on product, material, distribution channel, pricing and end user.
Breakup by Product:
- Non-Athletic Footwear
- Athletic Footwear
Based On Material:
Breakup by Distribution Channel:
- Footwear Specialists
- Supermarkets and Hypermarkets
- Departmental Stores
- Clothing Stores
- Online Sales
Breakup by Pricing:
Based On End User:
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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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