INDUSTRIES

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MARKETSGlobalfootwearmarketCHAPTER

01MarketoverviewForecastrevenueoftheglobalfootwearmarketfrom2016to2027,bysegment(inbillionU.S.dollars)Forecastoftheglobalfootwearmarketrevenue2016-2027TotalLeatherFootwearAthleticFootwearSneakersTextile&OtherFootwear60050040030020010002016201720182019202020212022202320242025202620273Description:Therevenueoftheglobalfootwearindustrywasestimatedtoincreaseto508.2billionU.S.dollarsby2027.Similiartotoday,textile&otherfootwearisestimatedtoremainthebiggestsegmentinthemarketwith175.5billionU.S.dollars.

ReadmoreNote(s):Worldwide;2016to2027Source(s):ConsumerMarketInsightsRevenueofthefootwearmarketworldwidebycountryin2022(inbillionU.S.dollars)Revenueofthefootwearmarketworldwidebycountry2022RevenueinbillionU.S.dollars40

50010203060708090100UnitedStatesChina85.8479.32India23.73UnitedKingdomBrazil15.5213.5JapanGermanyItaly10.910.8310.03FranceRussiaMexico6.946.646.02SouthKoreaTurkey5.955.615.57CanadaSpain4.654Description:TherevenuerankinginthefootwearmarketisleadbytheUnitedStateswith85.84billionU.S.dollars,whileChinaisfollowingwith79.32billionU.S.dollars.Incontrast,Spainisatthebottomoftherankingwith4.65billionU.S.dollars,showingadifferenceof81.19billionU.S.dollarstotheUnitedStates.ReadmoreNote(s):Worldwide;Jan1sttoDec31st2022Source(s):ConsumerMarketInsightsLeadingmarketsforsneakersworldwidebasedonrevenue2022(inmillionU.S.dollars)Worldwideleadingsneakermarketsbyrevenue2022RevenueinmillionU.S.dollars10,00005,00015,00020,00025,000UnitedStatesChina21,584.3915,057.3UnitedKingdomJapan3,664.333,140.152,595.782,464.671,847.35GermanyIndiaMexicoItalyBrazilCanadaFrance1,607.261,588.381,384.411,314.32SouthKoreaSpain960.24826.125Description:Fromtheselectedregions,therankingbyrevenueinthe'Sneakers'segmentofthefootwearmarketisleadbytheUnitedStateswith21.6billionU.S.dollarsandisfollowedbyChina(15.1billionU.S.dollars).Incontrast,therankingistrailedbytheNigeriawith361.15millionU.S.dollars,recordingadifferenceof21.2billionU.S.dollarstotheUnitedStates.ReadmoreNote(s):Worldwide;Jan1sttoDec31st2022Source(s):ConsumerMarketInsightsQuantityoffootwearproducedworldwidefrom2015to2022(inbillionpairs)Amountoffootwearproducedworldwidefrom2015to20223024.224.325201510523.923.5232322.220.50201520162017201820192020202120226Description:In2022,23.9billionpairsoffootwearwereproducedaroundtheworld.Incomparison,globalfootwearproductionamountedto24.3billionpairsin2019.Asiawasresponsibleforover88percentofglobalfootwearproductionin2021.

ReadmoreNote(s):Worldwide;2015to2022Source(s):WorldFootwearApparelandfootwearyearonyearrevenuegrowthratesoverthepast12monthsasofFebruary24,2023,byproductsegmentYearonyearrevenuegrowthrateofapparelandfootwearmarket2021-23,bysegment16%13.5%14%12%10%8%9.7%8.2%6.6%5.6%5.6%6%4%2%1.9%Basic2%0%FootwearContemporaryLuxuryDiversifiedActiveAccessoriesTotal7Description:ThisstatisticshowstheapparelandfootwearyearonyearrevenuegrowthratesworldwideintheperiodofFebruary2022toFebruary2023,brokendownbysegment.Therevenueofallapparelandfootwearsegmentsexperiencedincreasesinyear-on-yeargrowthoverthistimeperiod.Thefootwearsegmentgrewthemostwitha13.5percentyearoveryearincreaseinrevenue.

ReadmoreNote(s):Worldwide;February24,2023Source(s):Kroll;S&PGlobalMarketIntelligenceCHAPTER

02LeadingfootwearmarketsShareoftheworld'sfootwearconsumptionin2022,byregionShareoftheworld'sfootwearconsumption2022,byregionSouthAmerica6.1%Africa9%Oceania0.9%Europe14.9%Asia53.2%NorthAmerica15.9%9Description:Thisstatisticshowstheshareoftheworld'sfootwearconsumptionin2022,byregion.In2022,NorthAmericaaccountedfor15.9percentoftheworld'sfootwearconsumption.Thismadeittheregionwiththesecondhighestfootwearconsumption,behindAsia.ReadmoreNote(s):Worldwide;2022Source(s):WorldFootwearLeading10globalfootwearconsumersin2022,bycountry(inmillionpairs)Leading10globalfootwearconsumers2022,bycountryConsumptioninmillionpairs1,500

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2,50005001,0003,0003,5004,0003,9304,500ChinaUnitedStatesIndia2,6832,526Brazil732702620540473388383IndonesiaJapanPakistanGermanyUnitedKingdomFrance10Description:Chinawastheworld`sleadingconsumeroffootwear,witharound3.93billionpairsofshoesboughtin2022.ItisoflittlesurprisethatChinatopsthelistoffootwearconsumersasithadthehighestnumberofinhabitantsontheplanetasof2021.Infact,theleadingcountriesintermsoffootwearconsumptionmirroredthemostpopulatedcountriesworldwide.ReadmoreNote(s):Worldwide;2022Source(s):WorldFootwearShareoftheworld'sfootwearproductionin2022,byregionShareoftheworld'sfootwearproduction2022,byregionEurope2.7%NorthAmerica1.4%Africa3.7%SouthAmerica4.8%Asia87.4%11Description:Thisstatisticshowstheshareoftheworld'sfootwearproductionin2022,byregion.ThemanufacturingoffootwearisheavilyconcentratedinAsia,withthisregionaloneresponsibleforover87percentofglobalfootwearproductionin2022.

ReadmoreNote(s):Worldwide;2022;*Oceania'sfootwearproductionwaslessthan1percent.ReadmoreSource(s):WorldFootwearLeading10footwearproducersworldwidefrom2016to2022,bycountry(inmillionpairs)Leading10footwearproducersworldwide2016-2022,bycountryChina25,000IndiaVietnamIndonesiaBrazilTurkeyPakistanBangladeshMexicoIranPhilippinesItalyThailandCambodia20,00015,00010,0005,00002016201720182019Country20202021202212Description:Chinawastheworld`sleadingproduceroffootwearin2022,withatotalofapproximately13billionpairsofshoesproduced.China,India,Vietnam,andIndonesiaareleadersinfootwearproduction,whichhighlightsthedominationoftheAsiaPacific(APAC)regioninthisindustry.Thesefourcountriesaccountedforover75percentoffootwearproductionworldwideasof2022.ReadmoreNote(s):Worldwide;2016to2022Source(s):WorldFootwearLeading10globalfootwearimportersin2022,bycountry(inmillionpairs)Leading10globalfootwearimportersbycountry20223,0002,7292,5002,0001,5001,0005007936125014033893373283073010UnitedStatesGermanyJapanFranceUnitedKingdomItalyNetherlandsSpainBelgiumRussiaCountry13Description:Thisstatisticdepictstheleading10globalfootwearimportersin2022,bycountry.In2022,theUnitedStateswasbyfarthebiggestimporter,withroughly2.7billionpairsofshoesimported.Incomparison,second-placedGermanyimportednearly800millionpairsofshoes.ReadmoreNote(s):Worldwide;2022Source(s):WorldFootwearLeading10globalfootwearexportersin2022,bycountry(inmillionpairs)Leading10globalfootwearexporters2022,bycountry10,0009,3089,0008,0007,0006,0005,0004,0003,0002,0001,00001,505535378378285242216206190ChinaVietnamIndonesiaGermanyTürkiyeIndiaBelgiumItalyNetherlandsCambodiaCountry14Description:Thisstatisticdepictstheleading10globalfootwearexportersin2022,bycountry.In2022,Chinawasfaraheadofanyothercountrywithapproximately9.3billionpairsofshoesexported.Vietnamexportedaround1.5billionpairs,nearlyonebillionmorethanthird-placedIndonesia.ReadmoreNote(s):Worldwide;2022Source(s):WorldFootwearCHAPTER

03AthleticfootwearRevenueoftheathleticfootwearindustryWorldwide2018-2028(inbillionU.S.dollars)RevenueoftheathleticfootwearindustryWorldwide2018-20287064.9262.1259.8757.66055.3252.9851.7650.949.575040302010046.1345.32018201920202021202220232024202520262027202816Description:Theglobalrevenueinthe'AthleticFootwear'segmentofthefootwearmarketwasforecasttocontinuouslyincreasebetween2023and2028byintotal11.9billionU.S.dollars(+22.46percent).Aftertheeighthconsecutiveincreasingyear,theindicatorisestimatedtoreach64.92billionU.S.dollarsandthereforeanewpeakin2028.ReadmoreNote(s):Worldwide;2018to2028Source(s):ConsumerMarketInsightsRevenueoftheathleticfootwearmarketworldwidebycountryin2022(inmillionU.S.dollars)Revenueoftheathleticfootwearmarketworldwidebycountry2022RevenueinmillionU.S.dollars6,000

8,00002,0004,00010,00012,00014,00016,000UnitedStatesChina14,475.7911,610.45UnitedKingdomJapan2,5632,350.58GermanyIndia1,867.141,557.441,350.981,121.35MexicoItalyBrazilCanada1,050.79930.11France912.14SouthKoreaTurkey598.21591.3817Description:Fromtheselectedregions,therankingbyrevenueinthe'AthleticFootwear'segmentofthefootwearmarketisleadbytheUnitedStateswith14.5billionU.S.dollarsandisfollowedbyChina(11.6billionU.S.dollars).Incontrast,therankingistrailedbyNorwaywith167.68millionU.S.dollars,recordingadifferenceof14.3billionU.S.dollarstotheUnitedStates.ReadmoreNote(s):Worldwide;Jan1sttoDec31st2022Source(s):ConsumerMarketInsightsPer-capitavolumesalesintheathleticfootwearmarketworldwide,bycountryin2022(inpieces)Per-capitavolumesalesintheathleticfootwearmarketworldwidebycountryin2022Marketvolume0.20.00.10.10.20.30.30.40.4UnitedStatesUnitedKingdomCanadaJapan0.340.280.20.18GermanyItaly0.140.12Spain0.1Mexico0.09SouthKoreaFrance0.080.08China0.07Brazil0.05Turkey0.03Russia0.02India0.0118Description:Comparingthe15selectedregionsregardingtheaveragevolumepercapitainthe'AthleticFootwear'segmentofthefootwearmarket,theUnitedStatesisleadingtheranking(0.34pairs)andisfollowedbytheUnitedKingdomwith0.28pairs.AttheotherendofthespectrumisIndiawith0.01pairs,indicatingadifferenceof0.33pairstotheUnitedStates.ReadmoreNote(s):Jan1sttoDec31st2022Source(s):ConsumerMarketInsightsSalesgrowthforecastoftheleadingathleticapparel,accessoriesandfootwearcompaniesworldwidein2023Globalsalesgrowthforecastoftopathleticwearcompanies2023Salesgrowth-10%LululemonAthleticaInc.-5%0%5%10%15%20%14.4%ColumbiaSportswearCompanyadidasAG4.8%-7.4%Nike,Inc.6%UnderArmour,Inc.PUMASE0.5%0.3%2.1%FILAHoldingsCorporation19Description:AthleticapparelretailerLululemonAthletica`ssaleswereexpectedtogrowby14.4percentbetweenJune2023andJune2024.SalesofNikewereforecasttoincreasebysixpercentoverthesameperiod.

ReadmoreNote(s):Worldwide;2023Source(s):HexagonCapitalAlliance;S&PCapitalIQRevenuefromfootwearsegmentofNike,adidasandPumafrom2010to2022(inbillionU.S.dollars)FootwearsegmentrevenueofNike,adidas&Puma2010-2022Nike*adidas**Puma**3530252029.1428.0212.8424.2215.1423.3113.6722.2714.6221.0814.8919.8710.6718.3216.2114.649.4613.438.1313.519.1513.241510511.527.149.138.094.613.582.862.912.412.52.111.891.991.881.711.561.650201020112012201320142015201620172018201920202021202220Description:ThestatisticdepictstheglobalrevenueofNike,adidas,andPumafromtheirrespectivefootwearsegmentsfrom2010to2022.In2022,adidas'revenuefromfootwearamountedtomorethan13billionU.S.dollars.

ReadmoreNote(s):Worldwide;2010to2022Source(s):Adidas;Nike;PumaCHAPTER

04LeadingcompaniesRevenueoftheleadingspecialistfootwearcompaniesworldwidein2022(inmillioneuros)Leadingspecialistglobalfootwearcompaniesbasedonrevenue2022Revenueinmillioneuros3,000

4,00001,0002,0005,0006,0007,0006,9006,8058,000DeichmannSkechersTopsportDeckers3,4383,335Caleres2,7312,469WolverineSteveMaddenClarkes1,9411,143BataIndia38622Description:Thisstatisticdisplaystherevenueoftheleadingspecialistfootwearcompaniesworldwidein2022.Asof2022,Deichmannwastheleadingfootwearcompanywitharevenueofalmostsevenbillioneuros.Skecherscameinsecondplacewithglobalsalesamountingtoapproximately6.8billioneuros.ReadmoreNote(s):Worldwide;2022Source(s):Modaes.esVFCorporation'stotalrevenuesworldwidefrom2005to2023(inmillionU.S.dollars)TotalrevenuesoftheVFCorporationworldwidefrom2005to202314,00012,00010,0008,0006,0004,0002,00002005

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202323Description:In2022,VFCorporation'stotalrevenuesamountedtoover11.6billionU.S.dollarsworldwide.VFCorporationisaninternationallyoperatingcompanyoperatingintheapparelandfootwearindustry.Thegroupownsmorethan30brands.Thecompany'slargestonesare"TheNorthFace","Timberland",and"Vans"."Wrangler"and"Lee"werepreviouslypartofVFCorporationbutwerestrategicallyrepositionedintoanewcompanycalledKontoorBrands.

ReadmoreNote(s):Worldwide;2005to2023*;*VFCorpoperatesandreportsusinga52/53weekfiscalyearendingontheSaturdayclosesttoMarch31ofeachyear.VFpreviouslyuseda52/53weekfiscalyearendingontheSaturdayclosesttoDecember31[...]

ReadmoreSource(s):VFCorporationTotalrevenueofthePVHCorporationworldwidefrom2010to2022(inbillionU.S.dollars)RevenueofthePVHCorporationworldwide2010-202212109.919.669.159.028.918.198.248.027.887.136.045.8964204.64201020112012201320142015201620172018201920202021202224Description:ThisstatisticdepictsthetotalrevenueofthePVHCorporationworldwidefrom2010to2022.In2022,PVHCorporation'sglobalrevenueamountedtoaboutninebillionU.S.dollars,aslightdecreasecomparedtothepreviousyear.

ReadmoreNote(s):Worldwide;2010to2022Source(s):Phillips-VanHeusenNetsalesofSkechersworldwidefrom2011to2022(inmillionU.S.dollars)NetsalesofSkechersworldwide2011-20228,0007,444.557,0006,0005,0004,0003,0002,0001,00006,310.195,220.054,642.14,597.414,164.163,563.313,147.322,377.561,846.3620131,606.0220111,560.32201220142015201620172018201920202021202225Description:In2022,theglobalnetsalesofSkechersamountedtoapproximately7.4billionU.S.dollars,markinganincreaseofapproximately1.1billionU.S.dollarsfromthepreviousyear.SkechersUSA,Inc.isanAmericanlifestyleandperformancefootwearcompany.ReadmoreNote(s):Worldwide;2011to2022Source(s):SkechersGlobalnetsalesofDeckersOutdoorCorporationfromthefiscalyears2011to2023(inmillionU.S.dollars)Deckers'netsalesworldwidefromthefiscalyears2011to20234,0003,5003,0002,5003,627.293,150.342,545.642,132.692,020.441,903.341,875.22,0001,5001,0005001,817.061,790.151,556.621,414.41,377.31,0012011020122013201420152016201720182019202020212022202326Description:ThistimelinedepictstheglobalnetsalesoftheDeck