Market Insights Consumer Luxury Goods Luxury Fashion

Luxury Footwear - Eastern Asia

Eastern Asia

In 2024, the Luxury Footwear market in Eastern Asia is projected to generate a revenue of US$6.77bn.
This market segment is expected to experience an annual growth rate of 4.75% (CAGR 2024-2028).
When compared globally, in the United States leads in revenue generation with US$7,240m in 2024.
In terms of per capita figures, in Eastern Asia is expected to generate a revenue of US$4.14 per person in 2024.
In Eastern Asia, luxury footwear brands are experiencing a surge in demand, driven by the region's growing middle class and their desire for high-quality, fashionable products.

Key regions: France, South Korea, Italy, Singapore, Japan

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The Luxury Footwear market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. We evaluate the status quo of the market, monitor trends, and create an independent forecast regarding market developments of the global Luxury Footwear industry.