Published on : Apr 06, 2016
Long gone are the days when people had limited footwear options and a handful of brands. Today with the availability of plenty of footwear brands, the global footwear market is set for an exponential growth. Leading players in the global footwear market are focusing on introducing many new varieties in footwear such as recycled shoes, eco-fashion shoes, athletic, and non-athletic footwear. Where staying fashionable is the need of the hour, leading manufacturers in the global footwear industry are taking efforts to add new varieties to the eco-fashion footwear and those made up of the recycled material.
Why are Recycled Footwear in Demand?
For too long, athletic and non-athletic footwear were in demand, they still are. But the latest additions of fashionable footwear are expected to attract more customers in the next few years. over the past few years, leading footwear brands and companies have expanded their range of products to fulfill the fashion needs of the buyers. Going forward, the manufacturers of casual footwear, hiking boots, military boots, and evening dress footwear are expected to focus on using environment-friendly materials to manufacture new products.
The global footwear market has experienced rapid expansion due to the increasing demand for innovative footwear products. Advancements in the manufacturing process, innovations in the technology, and the introduction of trendy, comfortable, and modern shoes are expected to create new growth opportunities in the global footwear market. The increasing sports activities have increased the entire focus of sportswear. However, the rising production of counterfeit footwear by local manufacturers is predicted to hamper the growth of the global footwear market.