The Evolution of the Footwear Market: Key Drivers and Challenges

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2024-12-23 20:07:59 -

The global footwear market has witnessed remarkable growth over the years, driven by evolving consumer preferences, innovations in design and materials, and expanding e-commerce platforms. As of 2021, the global footwear industry was valued at approximately US$ 859 billion and is projected to grow at a compound annual growth rate (CAGR) of 7.8% from 2022 to 2031, reaching a valuation of US$...

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