The Casual Shoes Market Had Crossed a Worth of US$ 168.3 Mn

NEWARK, Del, Jan. 06, 2023 (GLOBE NEWSWIRE) — As per newly released data by Future Market Insights (FMI), the Casual Shoes Market is estimated at USD 168.3 million in 2022 and is projected to reach USD 241.9 million by 2032, at a CAGR of ~3.7% from 2022 to 2032.

Casual shoes have started to gain traction in nearly every part of the world. People are getting busy in their lives in the post pandemic era, as a result, they are looking for options of foot wear that will go with most of the attires and occasions. Moreover, people are also taking part in various activities that require heavy physical involvement which is also fuelling the casual shoes market. Women are getting interested in casual shoes too. Various key brands are focusing on development of casual sneakers that are specially fabricated for women and will suit their interests. While, the trends in fashion will keep on changing and will continuously create a need for new kinds and designs of casual shoes which is anticipated to help the market. Additionally, the presence of counterfeit products will act as a restraining factor in the casual shoes market. Other factors include the rise in cost for manufacturing due to increasing prices of raw materials. However, the casual shoes market will continue to grow at a decent pace in the forecast period.

Request a sample@

Key Takeaways from the Casual Shoes Market Study

  • E-commerce is expected to be the leading sales channel during the forecast period. As customer preferences shift, more individuals prefer internet retailing to traditional brick-and-mortar establishments. As a result, companies are expanding their online market presence. One of the primary aspects driving the growth of the online sales channel is the availability of a diverse assortment of casual shoes.
  • In terms of revenue, Asia Pacific led the market in 2019. This is due to the rising disposable income levels, growing working-class population and increasing consumer desire for comfortable footwear, as a consequence of which demand for shoes made from natural materials such as leather, cloth, and rubber has increased significantly in recent years.
  • North America emerged as the second-largest regional market in 2019 as a result of high product demand from the United States, combined with changing fashion trends and consumer preferences regarding shoe colour, material, and so on; this is expected to drive manufacturers to launch new products within this region or export them at competitive prices, boosting sales volume over the forecasted years.

“The demand for casual shoes is rising as people are getting involved in different physical activities and require a pair of foot wear that is multifunctional. This requirement is being satisfied by casual shoes which will boon the market.” Says an FMI Analyst.

Impact of COVID-19 on the Market

The worldwide epidemic generated problems in almost every corporate area. The laws and regulations implemented by governments across the world impeded manufacturing, supply, and distribution. Now that things are returning to normal, the casual shoes industry, like other markets, is poised to reach new heights as people are eager to get out and participate in various physical activities. This will raise demand for casual shoes and is expected to contribute to the worldwide growth of the casual shoes market.

Access Full Report:

Who is winning?

Leading players operating in the Casual Shoes market Adidas Group, Nike Inc., New Balance, ASICS, PUMA SE, Under Armour, Inc., Li Ning Company Ltd., ECCO, China Dongxiang (Group) Co., Ltd., 361 Degrees International Limited, Vans, and Converse among others.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the casual shoes market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the Casual Shoes Market by Closure Type (Laces, Velcro, Straps, Zippers) By Application (Sports, Lifestyle, Competition) By Consumer Orientation (Men, Women) By Sales Channel (Hypermarket/Supermarket, Wholesalers/Distributors, Specialty Stores, Multi-brand Stores, Independent Small Stores, Online Retailers, Other Sales Channel) & Region – Forecast to 2022-2032.

Given Below are the Casual Shoes Market Segments

By Closure Type, Casual Shoes Market is segmented as:

By Application, Casual Shoes Market is segmented as:

  • Sports
  • Lifestyle
  • Competition

By Consumer Orientation, Casual Shoes Market is segmented as:

By Sales Channel, Casual Shoes Market is segmented as:

  • Multi-brand Stores
  • Independent Small Stores
  • Online Retailers
  • Other Sales Channel

By Region, Casual Shoes Market is segmented as:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

Talk with Our Research Expert@

Table of Content:
1. Executive Summary

    1.1. Global Market Outlook

    1.2. Summary of Key Findings

    1.3. Summary of Key statistics

    1.4. FMI Analysis and Recommendations

2. Market Overview

    2.1. Market Taxonomy

    2.2. Market Definition

Buy Now:

Check Out Related Consumer Product Research Reports

Ac-Dc Power Supply Adapter Market: The global AC DC power adapter market is expected to be valued at US$ 1,358.9 Million in 2022. Smart medical devices integrated in furniture and portable medical equipment for home care applications is predicted to boost market growth momentum. The overall demand for AC DC power adapters projected to grow at a CAGR of 8.7% between 2022 and 2032, totaling around US$ 3,129.4 Million by 2032.

LED Tube Market Forecast: The LED tube market is estimated to reach a valuation of US$ 6,712.1 Mn in 2022, registering growth at an impressive CAGR of 10.4% from 2022 to 2032. Share of LED tube market in tube light market is ~21%-26%. Further, sales in the LED tube market are projected to reach US$ 18,062.8 Mn by 2032.

GCC Shisha Tobacco Market Price: GCC shisha tobacco market is expected to be worth US$ 949.4 Mn in 2022, growing at a 6.1% CAGR between 2022 and 2032. Sales in the market are projected to surpass US$ 1,724.3 Mn by 2032. As per the study, leading companies in the GCC shisha tobacco market will account for 15%-20% share in the global shisha tobacco market.

Cat & Dog Food Toppers Market Growth: The global cat & dog food toppers market is estimated at US$ 8,086.0 Mn in 2022 and is projected to reach US$ 18,611.7 Mn by 2032, at a CAGR of 8.7% from 2022 to 2032. Share of cat & dog food toppers market in the global dog food market is expected to be around ~12%-17%.

Pet Hotels Market Analysis: A CAGR of 8.4% is expected of the global pet hotels market, due to the growing demand during the forecast period. It is anticipated to be appraised at US$ 9,679.1 Mn by 2032, up from US$ 4,320.6 Mn in 2022.

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs | YouTube
For Sales Enquiries:


Leave a Reply

Your email address will not be published. Required fields are marked *