High-End Footwear Market Size Expected to Grow by USD 7.89 Billion | 34% of growth will come from North America | Technavio


Supplier Information

The high-end footwear market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

The increasing competition in the market forces the providers to adopt various growth strategies such as promotional activities and advertising expenditures to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as mergers and acquisitions to stay competitive in the market.

The report analyzes the competitive landscape of the market and offers information about several vendors in the market including:

  • adidas S.A.
  • Amer Sports Corp.
  • ASICS Corp.
  • Columbia Sportswear Co.
  • New Balance Athletics Inc.
  • Nike Inc.
  • Puma S.A.
  • Skechers UNITED STATES Inc.
  • Under Armor Inc.
  • and VF Corp.

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read a free sample report.

Geographic Market Analysis

North America will account for 34% of market growth. In North America, United States is the most important market for high-end shoes. The market in this region will grow at a faster rate than the market in other regions. Another region with significant market growth in Europe. The high-end shoe market in Europe is growing due to a demand for fitness and outdoor activities.

In addition, countries such as APAC, EuropeMEA, North Americaand South America are expected to become top markets for the high-end footwear market during the forecast period.

Learn more about the geographical distribution of this market along with the detailed analysis of major regions. Download a free sample report.

Analysis of key segments

The high-end footwear market is segmented as follows:

  • Product
  • Geographic landscape
    • APAC
    • Europe
    • AEM
    • North America
    • South America
  • Final user
  • Distribution channel

See a FREE sample: to know the highlights and additional key points on various market segments and their impact in the coming years.

Key Market Drivers and Challenges:

Product innovation and distinction, which leads to premiumization, is one of the major reasons for the growth of the premium footwear market. A trend in the high-end footwear industry that is expected to have a favorable impact in the coming years is product customization which is fueling product demand. However, rising labor costs would be a major concern for the high-end footwear industry over the projection period, limiting price increases.

Download a free sample for highlights on the drivers and market challenges affecting the high-end footwear market.

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Scope of the high-end footwear market

Report cover


Page number


base year


Forecast period


Growth momentum and CAGR

Accelerate at a CAGR of 3%

Market Growth 2020-2024

$7.89 billion

Market structure


Annual growth (%)


Regional analysis

APAC, Europe, MEA, North America and South America

Successful market contribution

North America at 34%

Main consumer countries

United States

Competitive landscape

Leading Companies, Competitive Strategies, Consumer Engagement Reach

Profiled Key Companies

adidas AG, Amer Sports Corp., ASICS Corp., Columbia Sportswear Co., New Balance Athletics Inc., Nike Inc., Puma SA, Skechers USA Inc., Under Armor Inc. and VF Corp.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Recovery Analysis and Future Consumer Dynamics, Market Status Analysis for the forecast period

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.



Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market Outlook: Forecast for 2019 – 2024

Five forces analysis

  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

Market segmentation by product

  • Market segments
  • Comparison by product
  • Sports Footwear – Market size and forecast 2019-2024
  • Other footwear – Market size and forecast 2019-2024
  • Market opportunity by product

Market segmentation by end user

  • Market segments
  • Comparison by end user
  • Men – Market size and forecast 2019-2024
  • Women – Market size and forecast 2019-2024
  • Children – Market size and forecast 2019-2024
  • Market opportunity by end user

Market segmentation by distribution channel

  • Market segments
  • Comparison by distribution channel
  • Offline – Market size and forecast 2019-2024
  • Online – Market size and forecast 2019-2024
  • Market opportunity by distribution channel

Customer landscape

Geographic landscape

  • Geographic segmentation
  • Geographic comparison
  • Europe – Market size and forecast 2019-2024
  • North America – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Main leading countries
  • Market Opportunity by Geography

Drivers, challenges and trends

  • Market factors
  • Volume Driver – Demand Driven Growth
  • Volume Driver – Supply Driven Growth
  • Volume Driver – External Factors
  • Volume Driver – Shifting Demand to Adjacent Markets
  • Price Driver – Inflation
  • Price Driver – Move from lower priced units to higher priced units
  • Market challenges
  • Market trends

Supplier Landscape

  • Insight
  • Landscape disturbance

Vendor analysis

  • Suppliers Covered
  • Positioning on the supplier market
  • adidas S.A.
  • Amer Sports Corp.
  • ASICS Corp.
  • Columbia Sportswear Co.
  • New Balance Athletics Inc.
  • Nike Inc.
  • Puma S.A.
  • Skechers UNITED STATES Inc.
  • Under Armor Inc.
  • VF Corp.


  • Report scope
  • Currency conversion rates for the US dollar
  • Research methodology
  • Abreviations list

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