Global luxury footwear market seen at nearly $26bn this year

2022-08-29T08:15:00+01:00

The global luxury footwear market is expected to grow by 5.8 percent from $24.37 billion in 2021 to $25.78 billion in 2022, according to the Luxury Footwear Global Market Report 2022 available on ResearchAndMarkets.com.

North America was the largest market for luxury footwear in 2021 followed by Western Europe.

The global market is expected to reach $32.48 billion in 2026, representing a compound annual growth rate of 5.9 percent, the report showed.

Photo: © Alessandro Augusto Lucia on Flickr

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Global luxury footwear market seen at nearly $26bn this year

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