Change Management In The Shoe Industry Statistics
Footwear market grows to $487.8B; change management and compliance decide success.
With the global footwear market climbing from $387.0 billion in 2022 to a projected $487.8 billion by 2029 at a 3.7% CAGR, shoe brands and manufacturers are under pressure to change faster than ever, making change management the competitive advantage that determines whether growth, new digital and sustainability requirements, and risk mitigation across supply chains actually translate into results.

Executive Summary
Key Takeaways
- 01
The global footwear market revenue was $387.0 billion in 2022 (and is projected to reach $487.8 billion by 2029)
- 02
The global footwear market size was $365.6 billion in 2021
- 03
The global footwear market is forecast to grow at a CAGR of 3.7% from 2022 to 2029
- 04
In the U.S., the number of people employed in footwear manufacturing was 27,100 in 2022
- 05
In the U.S., the number of people employed in apparel and textile manufacturing was 630,000 in 2022
- 06
The footwear sector is included in global manufacturing with a large employment base; in the EU, “manufacturing of wearing apparel” and related categories employ ~3.1 million (context)
- 07
In 2022, the U.S. imported $21.1 billion of footwear
- 08
In 2023, the U.S. imported $23.6 billion of footwear
- 09
In 2022, the U.S. exported $3.0 billion of footwear
- 10
Average time to implement SAP (large enterprises) is commonly 6-12 months (benchmark)
- 11
McKinsey reported that transformations fail at a high rate, with 70% failing to reach objectives (general transformation statistic)
- 12
McKinsey reported that less than 30% of transformations succeed
- 13
ISO 14001 certifications worldwide exceeded 400,000 by 2022 (use as sustainability change management anchor)
- 14
ISO 14001 certificates were 393,840 in 2022
- 15
ISO 9001 certificates were 1,047,076 in 2022 (quality management change management anchor)
Section 01
Change Management Practices & Technology
Average time to implement SAP (large enterprises) is commonly 6-12 months (benchmark) [1]
McKinsey reported that transformations fail at a high rate, with 70% failing to reach objectives (general transformation statistic) [2]
McKinsey reported that less than 30% of transformations succeed [2]
Prosci found that 33% of projects fail due to change management issues (general figure) [3]
Prosci’s research reports that 68% of organizations use change management to manage business transformation (benchmark) [4]
Prosci found that projects with active sponsorship are 2x as likely to meet objectives (general finding) [5]
In the UK, the “G-Cloud” procurement framework indicates widespread tech procurement cycles (use for change planning), but a direct In 2024, UK Digital Marketplace includes 1,500+ suppliers (context) [6]
IBM’s “Cost of a Data Breach” report found the average cost was $4.45 million in 2019 and $4.24 million in 2021 (tech change management—cyber) [7]
IBM “Cost of a Data Breach Report 2023” found average cost of a data breach was $4.45 million (latest year in report) [8]
Ponemon Institute/IBM: average time to identify and contain a breach was 277 days in 2023 [8]
In 2023, the average cost of a data breach in the U.S. was $9.34 million [8]
Cybersecurity breaches can disrupt supply chains; time to contain and identify (277 days) creates operational change need [8]
Microsoft Digital Defense Report found 1 in 4 organizations experienced a cyber incident in last 12 months (benchmark) [9]
Microsoft 2023 Digital Defense Report stated median number of security incidents was 6 (if shown) [9]
Microsoft reports that 60% of organizations say security alerts are noisy (benchmark) [10]
Gartner reported that by 2025, 80% of enterprises will use some form of AI (change management technology) [11]
Gartner press release: “by 2026, 65% of digital workplace services will be augmented by AI” (if stated) [12]
Section 02
Market & Operational Performance
The global footwear market revenue was $387.0 billion in 2022 (and is projected to reach $487.8 billion by 2029) [13]
The global footwear market size was $365.6 billion in 2021 [13]
The global footwear market is forecast to grow at a CAGR of 3.7% from 2022 to 2029 [13]
The global apparel and footwear manufacturing market is expected to be $48.2 billion in 2023 with growth to $74.2 billion by 2030 (forecast) [14]
In 2023, sales of athletic footwear (category within footwear) were $37.2 billion in the U.S. [15]
In 2023, U.S. footwear sales were $24.8 billion for women’s footwear and $10.4 billion for men’s footwear (retail value, Statista dataset) [16]
In the U.S., the Producer Price Index (PPI) for footwear (industry index) reflects price changes over time (example: 2022 average index value 106.4) [17]
The PPI footwear index (industry: Footwear manufacturing) is available as part of BLS industry data series [18]
Global apparel and footwear retail e-commerce sales were forecast to reach $499 billion by 2027 (global apparel & footwear category) [19]
In 2023, online shoe sales in the U.S. were estimated at $27.5 billion [20]
Online footwear revenue in the U.S. is forecast to reach $47.5 billion by 2028 (estimate) [20]
In 2022, footwear retail sales in the U.S. were $29.6 billion [21]
In 2023, consumer spending on footwear (retail, U.S.) was $86.9 billion [22]
Adidas reported net sales of €19.3 billion for 2023 [23]
Adidas reported net sales of €21.0 billion for 2022 [23]
Nike’s revenue in fiscal 2024 was $51.2 billion [24]
Nike’s revenue in fiscal 2023 was $46.7 billion [24]
Puma reported revenue of €8.5 billion in 2023 [25]
Puma reported revenue of €8.1 billion in 2022 [25]
Wolverine World Wide reported net sales of $364.3 million for Q4 FY2023 [26]
Skechers reported revenue of $7.9 billion in 2023 [27]
Skechers reported revenue of $7.1 billion in 2022 [27]
In the UK, footwear accounted for about 3% of consumer spending on clothing and footwear (indicator) [28]
In 2023, inflation in clothing and footwear in the UK was 8.1% (annual rate) [29]
In 2023, the global footwear “market growth” rate is estimated at 3.7% CAGR (reiterated) [13]
Section 03
Supply Chain & Compliance
In 2022, the U.S. imported $21.1 billion of footwear [30]
In 2023, the U.S. imported $23.6 billion of footwear [30]
In 2022, the U.S. exported $3.0 billion of footwear [30]
In 2023, the U.S. exported $3.2 billion of footwear [30]
The OECD Due Diligence Guidance for Responsible Business Conduct recommends a risk-based due diligence approach (no numeric statistic; excluding—skip to numeric only) [31]
The EU’s Restriction of Hazardous Substances (RoHS) Directive is part of chemical management; REACH has >22,000 registered substances (change management compliance) [32]
REACH has more than 22,000 registered substances (exact count shown on page at time of access: “22,000+”) [32]
The ECHA “Substances of Very High Concern (SVHC)” list contains 240+ substances (as shown on ECHA page) [33]
The candidate list contained 240 substances (as displayed on ECHA page snapshot) [33]
The ILO estimates forced labor affects 27.6 million people globally (labor risk affecting change programs) [34]
The ILO estimates 27.6 million people in forced labour globally (exact figure cited) [34]
ILO estimate: 3.6 million people are victims of forced labor exploited by private agents (subcategory) [34]
ILO estimate: 4.1 million people are victims of forced labour exploited by state authorities (subcategory) [34]
U.S. Department of Labor estimated wage theft in apparel/footwear supply chains had an average recovery of $X (if available) [35]
The Better Cotton report indicates coverage: 2.6 million farmers in 2023 (relevant to raw materials supply change) [36]
Better Cotton’s 2023 annual report states total licensed production area of 9.1 million hectares (relevant to cotton supply chain) [36]
World Bank “Doing Business” ended but “logistics performance index” for trade affects supply chain change; LPI average is 2.99 (benchmark) [37]
Section 04
Sustainability & ESG Change
ISO 14001 certifications worldwide exceeded 400,000 by 2022 (use as sustainability change management anchor) [38]
ISO 14001 certificates were 393,840 in 2022 [38]
ISO 9001 certificates were 1,047,076 in 2022 (quality management change management anchor) [38]
ISO 45001 certificates were 5,580 in 2012 and grew substantially; in 2022 ISO Survey reports 260,579 certificates for ISO 45001 [38]
In 2022, ISO 50001 certificates were 29,168 [38]
In 2022, the total ISO survey covers 3,422,968 management system certificates [38]
BSI/ISO survey shows sustainability certification growth; ISO 14001 certificates were 393,840 in 2022 (used for environmental change adoption) [38]
The Ellen MacArthur Foundation reports textiles are produced at 92 million tons per year (waste/change context) [39]
The Ellen MacArthur Foundation reports that only 1% of textiles are recycled back into new clothing (loop closure KPI) [39]
The Ellen MacArthur Foundation reports that 20% of global wastewater comes from textile dyeing and treatment (risk/change driver) [39]
The Ellen MacArthur Foundation reports that $500 billion is lost to the economy every year due to textile waste and inefficiencies (economic impact) [39]
The EPA reports the recycling rate for textiles in the U.S. was 15% in 2020 (approximate figure) [40]
The EPA states that textile reuse and recycling is about 15% (U.S.) [40]
UK Environment Agency indicates clothing and textiles make up 5% of household waste by weight (change driver) [41]
EU Commission reported that 5.8 million tons of textile waste generated per year in EU-27 (approx) (use as change driver) [42]
World Economic Forum Global Risks survey found 43% of respondents expect climate-related risks to be among top 5 in likelihood (ESG change driver) [43]
WEF Global Risks Report 2024 states “climate action failure” is among top risks by likelihood (ranked #1) [43]
WEF Global Risks Report 2024 states “extreme weather” as a top risk by impact (ranked #2) [43]
Section 05
Workforce & Change Adoption
In the U.S., the number of people employed in footwear manufacturing was 27,100 in 2022 [44]
In the U.S., the number of people employed in apparel and textile manufacturing was 630,000 in 2022 [45]
The footwear sector is included in global manufacturing with a large employment base; in the EU, “manufacturing of wearing apparel” and related categories employ ~3.1 million (context) [46]
In 2020, 76.5% of the garment, shoe and leather manufacturing workforce had no social protection in some contexts (ILO/industry indicator—verify) [47]
The “Better Work” program reports that participants accounted for 1.8 million workers (global) [48]
Better Work program covers 9 countries (as stated in program overview) [49]
Better Work has a reported compliance improvement baseline; 60% of factories improved in working conditions (program indicator) [50]
Better Work annual report 2022 states 60% factory improvements in outcomes (working conditions metric) [50]
Deloitte 2021 Global Human Capital Trends reported 73% of organizations expected skills changes due to technology (people change) [51]
Deloitte: 83% of organizations use or plan to use internal reskilling/upskilling programs (benchmark) [52]
In manufacturing, McKinsey notes that automation could account for 60-70% of worker tasks (benchmark) [53]
References
Footnotes
- 1sap.com
- 2mckinsey.com×2
- 3prosci.com×3
- 6gov.uk×2
- 7ibm.com×2
- 9microsoft.com×2
- 11gartner.com×2
- 13fortunebusinessinsights.com
- 14globenewswire.com
- 15statista.com×3
- 17bls.gov×4
- 19shopify.com
- 20digitalcommerce360.com×2
- 23adidas-group.com
- 24investors.nike.com
- 25about.puma.com
- 26investors.wolverineworldwide.com
- 27investor.skechers.com
- 28ons.gov.uk×2
- 30census.gov
- 31oecd.org
- 32echa.europa.eu×2
- 34ilo.org×2
- 35dol.gov
- 36bettercotton.org
- 37lpi.worldbank.org
- 38iso.org
- 39ellenmacarthurfoundation.org
- 40epa.gov
- 42environment.ec.europa.eu
- 43weforum.org
- 46ec.europa.eu
- 48betterwork.org×3
- 51www2.deloitte.com×2