World Footwear

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Optimistic outlook for the footwear industry’s business health

Optimistic outlook for the footwear industry’s business health
More than 55% of the respondents of the last edition of the World Footwear Business Conditions Survey are confident about the health of their businesses. The 12th edition of the World Footwear Business Conditions Survey results are now available


Survey results indicate a predominantly optimistic outlook for the footwear industry’s business health over the next six months, with  57.9% of respondents expecting strong (35.1%) or very strong (22.8%) performance. 

Less than one third (29.8%) of those surveyed remain neutral, reflecting some caution. 

Only a small minority (12.3%) foresee weak or very weak business conditions, underscoring overall industry confidence in the near term.


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Contents

Executive Summary
Business Context
Health of the Business
Employment Level
Prices
Quantity
Difficulties
Retail Channels
Less Optimism about Footwear Consumption in 2025
Trump's Tariffs Expected to Negatively Impact Footwear
AI's Impact in the Footwear Industry
About Survey


About the Survey

In 2019 the World Footwear has created the World Footwear Experts Panel and is now conducting a Business Conditions Survey every semester. 

The objective of the World Footwear Experts Panel Survey is to collect information regarding the current business conditions within the worldwide footwear markets and disseminate this information to provide an accurate overview of the situation of the global footwear industry. The eleventh edition of this online survey was conducted during the months of November and December 2024. 

In this edition, we have obtained 104 valid answers, 36% from Asia, 29% from Africa, 21% from Europe, 8% from North America, 6% from South America, and 1% from Oceania. More than half of respondents (54%) are involved in footwear manufacturing (manufacturers) or footwear trade and distribution (traders) and the remainder in other footwear-related activities, including trade associations (14%), consultancy (9%), education and research (6%), journalism (2%) and other activities (15%).


Previous Editions of this Bulletin can be found HERE