• Global footwear market to rise by 30 percent in 5 years 

    14 days ago - By Fashion United

    The global footwear market is forecast to reach over 500 billion US dollars by 2027, according to data presented by Stockapps.com, as healthier lifestyles increase demand.
    Current forecasts indicate that that footwear industry is currently worth 365.5 billion US dollars, adds Stockapps.com, and this is projected to grow by 30 percent over the next 5 years, an increase of up to 111 billion US dollars.
    The footwear industry it adds is growing at a compound annual growth rate of 5.5 percent for the forecast period of 2020-2027.
    Healthier lifestyles are leading to an increase in demand and...
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