Market Introduction
In 2022, the footwear market was estimated to be worth USD 350.9 billion. The footwear market is expected to expand at a compound annual growth rate (CAGR) of 5.50% between 2023 and 2032, from USD 370.2 billion in 2023 to USD 568.14 billion by 2032. The main factors propelling the market expansion are the rise in sporting events, the number of individuals engaging in...
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