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North America Footwear Industry – Demand for Athletic Footwear Segment to Increase Exponentially – Latest Industry Trends & Key Insights by 2021

Tuesday, February 7, 2017 0:20
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The footwear market in North America is expected to show various trends such as innovations and new style in different footwear categories. The footwear market by type, is segmented into athletic footwear and non-athletic footwear. Athletic footwear market is further sub categorized into Insert Shoe, Sports (Cross Training), Hiking Shoes and Backpacking Boots. Non-athletic footwear market is further sub categorized into Dress/Formal, Casual Footwear and Fashion Footwear.

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In North America, The U.S. held the largest market share in terms of revenue in 2014 and is expected to continue its dominance throughout the forecast period. The U.S footwear market is followed by Canada in terms of revenue and the trend is expected to remain the same throughout the forecast period.

The North America Footwear market was pegged at USD 80,594.4 million in 2014 and is estimated to reach USD 89,717.9 million by 2021. The market is expected to be growing at a CAGR of 1.5% during the forecast period.

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