Asia Pacific Footwear Market to grow at a CAGR of 5.4% during 2016-2022

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According to a new report, Asia Pacific Footwear Market, published by KBV Research, the Asia Pacific Footwear Market is expected to grow at a CAGR of 5.4% during 2016 -2022.The Non-Athletic market dominated the Market in 2015, and would reach a market size of $97.3 billion by 2022, growing at a CAGR of 5.6% during the forecast period. The Athletic market is expected attain a market size of $74,902.6 million by 2022.

The Retail market contributed the larger revenue share to the Footwear Market in 2015, and would grow at a CAGR of 3.4% during the forecast period. The Online market is expected attain a market size of $84.8 billion by 2022.The Leather market is anticipated to grow at a CAGR of 3.8% during the forecast period. The Non-Leather market is expected attain a market size of $80.3 billion by 2022.

The report highlights the footwear market in Asia Pacific. Based on the Type, the Asia Pacific Footwear market is segmented into Athletic and Non-Athletic segments. Based on the End User, the market is bifurcated into Men, Women and Childrensegments. The Asia Pacific Footwear market is further segmented into Retail and Online segments based on the Mode of Sale. Further, the market is segmented into Leather and Non-Leather segments based on the material.The countries included in the report are China, Japan, India, South Korea, Singapore, Malaysia and Rest of Asia Pacific.

The key players profiled in the report includes Nike, Adidas AG, Asics Corporation, Puma, VF Corporation, Wolverine Worldwide, K-Swiss and Sketchers.