Research Reports
Women’s Luxury Footwear Market to reach US$ 30 Bn in 2029 – FMI
Women’s Luxury Footwear Market to reach US$ 30 Bn in 2029 – FMI
Published by Uma Rajagopal
Posted on February 8, 2022
Global Banking and Finance Review
Company
Published by Uma Rajagopal
Posted on February 8, 2022
The recent past has observed an increased in number of HNWI population in 2021. Globally, HNWI population reached 22.4 million, and their total wealth accounted for US$ 61,275 Bn in 2021. Europe accounted for high growth rate of HNWI population, with almost 5.6 Mn HNWI population. This leads to high purchasing power of individuals. In addition, growing working women population and women’s labor force participation in regions such as Japan, the United Kingdom, and France help increase their purchasing power to buy luxury footwear.
Request a sample to obtain authentic analysis and comprehensive market insights at- https://www.futuremarketinsights.com/reports/sample/rep-gb-10679
On the back of these factors, the women’s luxury footwear market is estimated to be valued at US$ 30 Bn in 2022, and expected to expand at a healthy CAGR during the forecast period of 2022-2029. In 2022, worldwide sales of women’s luxury footwear are mostly contributed by sandals and flats casual as compared to other categories (boots, heels & pumps, and casual, sneakers & sports shoes) in the market.
Key Takeaways – Women’s Luxury Footwear Market
The women’s footwear market contributes high market revenue share as compared to men’s. Changing lifestyle, growing fashion concern, and celebrity endorsement have a significant impact on the global footwear market. The recent market trends in luxury footwear are – sustainable footwear, smart shoes, and athleisure trends. Different types of prints with huge popularity in the past include animal print boots, florals print, minimalist style heels, feather heels, bright chunky sneakers, big toe sandals, etc.
Contact Sales for Further Assistance in Purchasing this Report-https://www.futuremarketinsights.com/checkout/10679
The report highlights some prominent players in the global women’s luxury footwear market, which include Kering, Burberry, Caleres, Jimmy Choo PLC, and others. Market players primarily focuses on product design and innovation. Maison Baum, a Germany-based luxury footwear manufacturer, launched a pain free high heel in Q1 2019. The company uses its patented footbed technology and an insole with anatomical elevations to shift wearers’ weight from the ball of the foot.
Explore Extensive Coverage of FMI’s Retail & Consumer Products Landscape
Women’s Luxury Footwear Market: Find in-depth insights on the global women’s luxury footwear market with detailed segment-wide analysis, market statistics, key influencing factors, prominent players and critical developmental strategies adopted by them for a 10-year forecast period.
Herbal Beauty Products Market: FMI’s report on the Europe and Asia Pacific herbal beauty products market offers an in-depth commentary on the market poised for steady growth during 2016-2026. The study covers comprehensive evaluation of key impacting forces, revenue sources, and market leaders along with instrumental market strategies.
LED Light Bar Market: Get a deep-dive analysis on the LED light bar market with crucial insights on growth levers, opportunities, restraints, regulatory policies, regional market forecast and key forte of market leaders.
Contact Us:
Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
The recent past has observed an increased in number of HNWI population in 2021. Globally, HNWI population reached 22.4 million, and their total wealth accounted for US$ 61,275 Bn in 2021. Europe accounted for high growth rate of HNWI population, with almost 5.6 Mn HNWI population. This leads to high purchasing power of individuals. In addition, growing working women population and women’s labor force participation in regions such as Japan, the United Kingdom, and France help increase their purchasing power to buy luxury footwear.
Request a sample to obtain authentic analysis and comprehensive market insights at- https://www.futuremarketinsights.com/reports/sample/rep-gb-10679
On the back of these factors, the women’s luxury footwear market is estimated to be valued at US$ 30 Bn in 2022, and expected to expand at a healthy CAGR during the forecast period of 2022-2029. In 2022, worldwide sales of women’s luxury footwear are mostly contributed by sandals and flats casual as compared to other categories (boots, heels & pumps, and casual, sneakers & sports shoes) in the market.
Key Takeaways – Women’s Luxury Footwear Market
The women’s footwear market contributes high market revenue share as compared to men’s. Changing lifestyle, growing fashion concern, and celebrity endorsement have a significant impact on the global footwear market. The recent market trends in luxury footwear are – sustainable footwear, smart shoes, and athleisure trends. Different types of prints with huge popularity in the past include animal print boots, florals print, minimalist style heels, feather heels, bright chunky sneakers, big toe sandals, etc.
Contact Sales for Further Assistance in Purchasing this Report-https://www.futuremarketinsights.com/checkout/10679
The report highlights some prominent players in the global women’s luxury footwear market, which include Kering, Burberry, Caleres, Jimmy Choo PLC, and others. Market players primarily focuses on product design and innovation. Maison Baum, a Germany-based luxury footwear manufacturer, launched a pain free high heel in Q1 2019. The company uses its patented footbed technology and an insole with anatomical elevations to shift wearers’ weight from the ball of the foot.
Explore Extensive Coverage of FMI’s Retail & Consumer Products Landscape
Women’s Luxury Footwear Market: Find in-depth insights on the global women’s luxury footwear market with detailed segment-wide analysis, market statistics, key influencing factors, prominent players and critical developmental strategies adopted by them for a 10-year forecast period.
Herbal Beauty Products Market: FMI’s report on the Europe and Asia Pacific herbal beauty products market offers an in-depth commentary on the market poised for steady growth during 2016-2026. The study covers comprehensive evaluation of key impacting forces, revenue sources, and market leaders along with instrumental market strategies.
LED Light Bar Market: Get a deep-dive analysis on the LED light bar market with crucial insights on growth levers, opportunities, restraints, regulatory policies, regional market forecast and key forte of market leaders.
Contact Us:
Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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