World Footwear

World

Quantity of footwear sold expected to increase

Quantity of footwear sold expected to increase
This is one of the main outcomes of the most recent edition of the World Footwear Business Conditions Survey. Access the complete report free of charge and read more about the expectations of our panel of international footwear experts
Perspectives on the evolution of the quantity of footwear sold by country are clearly optimistic: 64% of respondents expect it to grow and 22% to stabilize, but 14% forecast they will fall.

Respondents in Asia and South America are more upbeat than elsewhere, with some 80% expecting sales to increase.

Footwear manufacturers show more diverse expectations than traders, with some expecting strong falls or very strong growth.



Tone of optimism


A note of optimism is in fact the characteristic of the general outlook of the latest edition of the World Footwear Business Conditions. Most of our panel members believe that, over the next six months, the quantity of footwear sold will increase moderately along with prices, which are expected to increase strongly. Naturally, the outlook regarding the evolution of prices may be reflecting the expected impact of increasing production costs.


Average growth of footwear consumption


As in the previous editions, we also questioned our panel of experts about their expectations regarding the growth of footwear consumption and almost half of the respondents believe that in the current year footwear consumption will grow between 1.5% and 5%, but more of them believe that growth will be stronger than that rather than weaker.

On average, our experts expect a growth of 5.9% in the consumption of footwear, in pairs, in 2022, globally.







Do you want to read more?

Get access to the full report with all the conclusions





 

If you are not registered yet, you can log in with a social network or create an account
It is easy, free and quick - and it will allow you to unlock all our Premium contents



Contents

Executive Summary
Business Context
Health of the Business
Employment Level
Prices
Quantity
Difficulties
Retail Channels
Average Growth of Footwear Consumption to Reach 5.9%
Footwear Prices Expected to Increase
War on Ukraine to Negatively Impact Footwear
About Survey



About the Survey

In 2019 the World Footwear has created the World Footwear' expert 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 then to redistribute such information in a way it will provide an accurate overview of the situation of the global footwear industry.

The sixth edition of this online survey was conducted during the month of April 2022. We have obtained 108 valid answers, 48% coming from Europe, 22% from Asia, 14% and 9% from North and South America, respectively, and 7% from Africa. Half of respondents are involved in footwear manufacturing (manufacturers) or footwear trade and distribution (traders) – 32% and 18%, respectively – and the other half in other footwear-related activities, including trade associations (20%), consultancy, journalism, etc.


Previous Editions of this Bulletin can be found HERE