Published Date : Dec 17, 2015
The global footwear market saw diversified trends across various geographical regions in the recent past. The introduction of new designs of footwear, changing lifestyles, ability to spend, and awareness about active lifestyle are the factors expected to propel the global footwear market in the years to come. Footwear made up of environment-friendly materials are the latest trend. Changing fashion trends and entry of new players will create new growth opportunities for the global footwear market.
Some of the changing trends in the global footwear market are:
These trends are predicted to propel the global footwear market in the years to come. The footwear market is predicted to register faster growth because of increasing number of customers every year across the globe. Increasing environmental concerns coupled with high prices of raw materials required for manufacturing footwear are two of the major factors restricting the growth of the global footwear market. However, fast changing fashion trends, changing role of e-commerce, and improved quality of footwear products are the factors expected to boost the global footwear market in the years to come.