The Industries Most Affected by Counterfeit Products
Considering that some of the largest footwear brands generate tens of billions in sales every year, it doesn’t come as a surprise that counterfeiters would target the footwear industry and try to profit from the global sneaker and luxury shoe craze. According to the latest figures published by the OECD, footwear accounted for 22 percent of the total value of counterfeit goods seized by customs in 2016, making it the most pirated product category, ahead of clothing, leather goods and electrical equipment.
Among the most counterfeited brands are luxury brands such as Michael Kors, Gucci or Louis Vuitton as well as mass-market brands such as Nike, Levi’s and Adidas. All of these brands are aggressively fighting counterfeiters with damages piling up to billions of dollars every year. According to OECD estimates based on customs seizures, the total value of counterfeit and pirated articles traded internationally in 2016 amounted to more than $500 billion, or 3.3 percent of world trade.
The Statista "Chart of the Day", made available
under the Creative Commons License CC BY-ND 3.0, may be used
and displayed without charge by all commercial and
non-commercial websites. Use is, however, only permitted with
proper attribution to Statista. When publishing one of these graphics,
please include a backlink to the respective infographic URL.
The Statista "Chart of the Day" currently focuses
on two sectors: "Media and Technology", updated
daily and featuring the latest statistics from the media,
internet, telecommunications and consumer electronics
industries; and "Economy and Society", which
current data from the United States and around the
world relating to economic and political issues as well as
sports and entertainment.
For individual content and infographics in your Corporate Design,
please visit our agency website
Any more questions?
Get in touch with us quickly and easily. We are happy to help!