Sales in the footwear market continue to rise in 2022, and sports shoes are attracting attention!

The global footwear market will have relatively stable sales in 2021 and will maintain a steady upward trend in the next few years. According to the latest report from World Footwear , global footwear market sales in 2022 will increase by about 2% compared to 2019, before the epidemic.

Among them, Oceania will be the market with the largest growth, with a 3.3% increase compared to 2019, while South America and Asia will grow by 3.2% and 2.4% respectively. North America is expected to be the only market to decline, with a 3.6% drop compared to 2019 sales.

BigCommerce also predicts that the global footwear market will reach $440 billion in the next five years, with the Asia-Pacific region growing fastest, accounting for nearly 40% of sales .

In the post-epidemic era, people are pursuing a more comfortable and lightweight style of wearing, and consumers will also pay more attention to the functionality and practicality of shoes. Therefore, according to the forecast of Reportlinker.com , the global sports shoes market will receive more attention and is expected to grow by US$438 million from 2021 to 2025.

Fashion professionals predict that mixed hiking shoes, thick-soled sneakers, high-top canvas shoes, mules and other categories will all be popular in 2022. Sellers can refer to the above categories when selecting products.

In addition, the World Footwear report also pointed out that in the past decade, the average price of global exported shoes has risen from US$7.75 per pair to US$10.37, an increase of 33.8%, but the average price of footwear has only increased by 16.4%. Experts predict that this trend will continue, and the average export price will reach US$12.35 by 2025.

According to a survey by World Footwear , the rising cost of raw materials is one of the main reasons for the increase in shoe prices. 84% of the respondents believe that the rising cost of raw materials is a problem facing shoe production in the next six months.

Although the growth rate of the footwear market is relatively small, it can still achieve steady growth despite the unfavorable conditions such as rising costs, insufficient supply of raw materials, and rising prices. 42% of respondents expect that footwear consumption will increase by 1.5% to 5% in 2022 compared to 2019.

This shows that consumers' demand for such products is increasing, and sellers can also have a positive attitude towards the future development of the footwear market. Sellers can make predictions and adjustments to this year's footwear selection based on the above data, and prepare for sales growth in the new year!

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