Global Luxury Footwear Market Size & Outlook, 2021-2030
The global luxury footwear market size was estimated at USD 30,721.1 million in 2021 and is projected to reach USD 57,781.7 million by 2030, growing at a CAGR of 7.3% from 2022 to 2030.
Revenue, 2021 (US$M)
$30,721.1
Forecast, 2030 (US$M)
$57,781.7
CAGR, 2022 - 2030
7.3%
Report Coverage
Worldwide
Global luxury footwear market, 2017-2030 (US$M)
Related Markets
Global luxury footwear market highlights
- The global luxury footwear market generated a revenue of USD 30,721.1 million in 2021 and is expected to reach USD 57,781.7 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 7.3% by 2030.
- In terms of segment, formal shoe accounted for a revenue of USD 17,888.2 million in 2021.
- Casual Shoe is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 30,721.1 million |
| Market revenue in 2030 | USD 57,781.7 million |
| Growth rate | 7.3% (CAGR from 2021 to 2030) |
| Largest segment | Formal shoe |
| Fastest growing segment | Casual Shoe |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Formal Shoe, Casual Shoe |
Other key industry trends
- In terms of revenue, the North America accounted for 29.1% of the global luxury footwear market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 2,095.6 million by 2030.
Formal shoe was the largest segment with a revenue share of 58.23% in 2021. Horizon Databook has segmented the Global luxury footwear market based on formal shoe, casual shoe covering the revenue growth of each sub-segment from 2017 to 2030.
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Luxury Footwear Market Scope
Luxury footwear market segmentation & scope
Luxury Footwear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Amedeo Testoni | View profile | 51-100 | Bologna, Emilia-Romagna, Italy, Europe | https://www.testoni.com/ |
| Base London | View profile | 11-50 | https://www.baselondon.com/ | |
| John Lobb Japan | View profile | - | Tokyo, Tokyo, Japan, Asia | https://www.johnlobb.com/en_roa/ |
| Lottusse | View profile | 51-100 | Inca, Islas Baleares, Spain, Europe | https://lottusse.com/ |
| LVMH | View profile | 10001+ | Paris, Ile-de-France, France, Europe | https://www.lvmh.com/ |
| Salvatore Ferragamo SpA | View profile | 3677 | Via dei Tornabuoni 2, Firenze, Italy, 50123 | http://www.ferragamo.com |
| CHANEL | View profile | 10001+ | Neuilly-sur-seine, Ile-de-France, France, Europe | https://www.chanel.com/us/ |
| Prada SpA | View profile | 14876 | Via Antonio Fogazzaro, 28, Milan, Italy, 20135 | https://www.pradagroup.com |
| Burberry Group PLC | View profile | 9336 | Horseferry Road, Horseferry House, London, United Kingdom, SW1P 2AW | https://www.burberryplc.com |
| Dr. Martens PLC Ordinary Shares | View profile | 2584 | 28 Jamestown Road, Camden, London, United Kingdom, NW1 7BY | https://www.drmartensplc.com |
| Adidas AG | View profile | 59030 | Adi-Dassler-Strasse 1, Herzogenaurach, BY, Germany, 91074 | https://www.adidas-group.com |
Global luxury footwear market size, by region, 2017-2030 (US$M)
Top 10 countries: Luxury footwear market size, 2021 (US$M)
Global luxury footwear market share, by distribution channel, 2021 & 2030 (%, US$M)
Luxury footwear market: Opportunity assessment by country
Global luxury footwear market, by region, 2021 (US$M)
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