Asia continues to extend its lead as the biggest footwear-consuming continent, as its share of consumption (54%) approaches its share of the world inhabitants (60%)
Demographic developments and the power of Asian economies maintain pushing up Asia’s share of world footwear consumption: in 2016 this reached 54%, a brand new all-time excessive, rapidly coming into line with its share of the world inhabitants.
Europe and North America keep footwear consumption at larger ranges than their inhabitants would recommend, and though they continue to be essential footwear markets however, by way of quantity, every buys fewer footwear than China alone.
China is the biggest footwear market on the earth with a secure consumption share barely above 18%. Three different Asian international locations, India, Indonesia and Japan, are additionally among the many high 10 footwear customers.
The World Footwear Yearbook, a venture developed since 2011, analyses a very powerful developments throughout the worldwide Footwear business and gives a complete image of the footwear business (for extra data comply with this hyperlink).
In its most up-to-date version the publication presents statistics by 2016, each in amount and worth, giving an image of the positioning of the primary gamers taking into consideration manufacturing, consumption, exports and imports. The publication additionally contains a person evaluation of dozens of markets, in addition to the evolution of the primary world gamers on this sector, with 79 international locations beneath evaluation.