Footwear - China

  • China
  • Revenue in the Footwear market amounts to US$79.32bn in 2022. The market is expected to grow annually by 6.15% (CAGR 2022-2027).
  • The market's largest segment is the segment Textile & Other Footwear with a market volume of US$38.62bn in 2022.
  • In global comparison, most revenue is generated in the United States (US$85.84bn in 2022).
  • In relation to total population figures, per person revenues of US$54.48 are generated in 2022.
  • In the Footwear market, volume is expected to amount to 3,508.7m prs. by 2027. The Footwear market is expected to show a volume growth of 13.4% in 2023.
  • The average volume per person in the Footwear market is expected to amount to 2.1 pairs in 2022.
  • By 2022, 96% of sales in the Footwear market will be attributable to Non-Luxury goods.
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