Footwear Market to Garner $371.8 Billion by 2020, Grow CAGR of 5.5%

Footwear Market is expected to garner $371.8 billion by 2020, registering a CAGR of 5.5% during the period 2015 – 2020.The Asia Pacific region is a major exporter of leather footwear to the United States and United Kingdom and ranks as the highest revenue-generating region in the footwear market worldwide. The region generated a revenue of $116.9 billion in 2014, and is expected to grow at a CAGR of 4.7% during the forecast period. A global increase in disposable incomes, growing urbanization and changing lifestyles are key factors that boost the…

Read More