AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Online Footwear market - Global outlook to 2024". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Online Footwear market to grow at a CAGR of 4.9% to aggregate USD394.6 Billion by 2024.
The End-User, such as Men, is boosting the Online Footwear market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Material, such as Leather, is boosting the Online Footwear market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to AMA research team, the Global Online Footwear market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Growth of e-commerce and m-commerce as an online retail sales channel
and Availability of Features such as Price Comparison, Better Customer Services, and Celebrity Brand Endorsement. †
Online footwear involves the retail sales of footwear through online channels. There has been rapid rise in past few years in online footwear industry owing to rise in e-commerce industry. As per 2018 survey conducted by Nielsen, an American business information providers company, clothing accessories along with footwear are second most preferable items to be purchased online.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Online Footwear market by Type (Athletic (Running and Cross Training/Tennis Shoe, Soccer/football Shoe, Golf Shoe, Hiking Shoe, Baseball Shoe
and Non-Athletic Footwear (Casual Footwear, Dress Evening Footwear, Military Boots and Lite Hiking Outdoor Sandal)) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America) , Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific) , Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe) , MEA (Middle East, Africa) , North America (United States, Canada, Mexico) . o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market