Market Size of Global Women's Non-athletic Footwear Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 132.83 Billion |
Market Size (2029) | USD 159.15 Billion |
CAGR (2024 - 2029) | 3.68 % |
Fastest Growing Market | South America |
Largest Market | Asia-Pacific |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Women Non Athletic Footwear Market Analysis
The Global Women's Non-athletic Footwear Market size is estimated at USD 132.83 billion in 2024, and is expected to reach USD 159.15 billion by 2029, growing at a CAGR of 3.68% during the forecast period (2024-2029).
- The COVID-19 pandemic has adversely affected several industries, including the women's non-athletic footwear market, across the world. Given the combined effect of outlet closures and frugality resulting from the rapidly deteriorating economic situation, the discretionary character of footwear made it one of the most seriously hit businesses by the pandemic. However, with the presence of online shopping and doorstep delivery, the non-athletic footwear category witnessed a pace in demand over the mid-months of 2020.
- In the past few years, the women's non-athletic footwear industry witnessed robust growth, which is expected to continue in the future. Consumers, primarily women, are more concerned about their dressing and footwear. They are mainly influenced by commercial advertisements, movies, entertainment channels, and others.
- Additionally, women's footwear brands use famous or well-known personalities. In other words, celebrity endorsements promote footwear brands, which is influencing consumer behavior. These factors are expected to drive the global demand for the women's footwear market in the future.