Revenue in the Footwear segment is projected to reach US$1,396.00m in 2022.
Revenue is expected to show an annual growth rate (CAGR 2022-2025) of 8.34%, resulting in a projected market volume of US$1,775.00m by 2025.
With a projected market volume of US$33,810.00m in 2022, most revenue is generated in China.
In the Footwear segment, the number of users is expected to amount to 13.0m users by 2025.
User penetration will be 39.3% in 2022 and is expected to hit 48.5% by 2025.
The average revenue per user (ARPU) is expected to amount to US$136.40.
The eCommerce market sub-segment Footwear includes online sales of all types of footwear which are produced for private end consumers (e.g., leather shoes, casual shoes, slippers), with the exception of sports shoes, footwear accessories, and care products. Other Footwear includes shoe accessories such as shoe polish, shoe gaiters, and shoe laces. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
"Athleisure" footwear (everyday shoes with an athletic design)