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Luxury Footwear Market Share

Report ID: GMI6284
Published Date: Jul 2023
Report Format: PDF

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Luxury Footwear Market Share

Major companies operating in the luxury footwear market is:

LVMH
PVH
Chanel,
Capri Holding
Kering, Dr
Martens
Mulberry Group.

These companies are focused on strategic partnerships, new product launches, and commercialization efforts for market expansion. They are also heavily investing in research to introduce innovative products and garner the maximum market revenue.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of luxury footwear reached USD 25.9 billion in 2022 and is poised to expand at a CAGR of 5.6% between 2023 and 2032.

The sneakers segment held 34% market share in 2022, due to the preference among broad & younger consumer base of fashion-conscious individuals who seek comfort without compromising on style.

North America market with a revenue share of 31% in 2022, primarily driven by the rising disposable income, a strong economy, and a high standard of living.

LVMH, PVH, Chanel, Capri Holding, Kering, Dr. Martens, and Mulberry Group.