With the better economic performance in 2024, footwear in the US has also been seeing renewed demand, and this trend is expected to continue, with healthy growth projections in both retail volume and current value terms throughout the forecast period. While men’s footwear is set to outperform women’s footwear in the early forecast period in retail current value terms, due to male consumers’ resilience in uncertain economic times, and their focus on functional, essential purchases, towards the end of the forecast period the growth rates in women’s footwear are expected to surpass those in men’s footwear, as female consumers will increasingly favour fashionable and trendy products.
As the US footwear category evolves and becomes increasingly competitive due to the emergence of new brands, it will be crucial for companies – particularly in sports footwear – to emphasise innovation alongside stylish designs. Recent advances in material science, 3D printing, and AI-powered design have significantly transformed the performance footwear landscape.
Following the surge in sales of footwear via retail e-commerce in 2020, the share of this distribution channel experienced a slight decline and stabilised at around 34%. As the economy is seeing recovery in 2024, consumers increasingly value experiences and services, which is set to lead to a further slight decrease in the share of retail e-commerce, as shoppers return to bricks-and-mortar stores for the tactile experiences and fitting that online shopping cannot provide.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Footwear industry in USA with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Footwear industry in USA, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Footwear
This is the aggregation of children's footwear, men's footwear and women's footwear. Includes all men’s, women’s and children’s outdoor and indoor shoes made of materials as leather, fabric or plastic. Outdoor shoes includes all dress shoes, trainers, sports shoes, sandals, boots, pumps, and high heels. Indoor shoes includes house-shoes and slippers. Items must be new when sold to the consumer; second-hand/used footwear is excluded. Antique and/or vintage footwear is also excluded. Sports footwear (broken out as a separate category) is included in total footwear figure. One pair of footwear constitutes one volume unit.
See All of Our DefinitionsThis report originates from Passport, our Footwear research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!