Shoe Industry Statistics

Nike generated $51.2 billion in revenue in fiscal 2024 [1]

Nike Brand revenue was $48.0 billion in fiscal 2024 [1]

Converse revenue was $1.7 billion in fiscal 2024 [1]

Nike’s net income was $5.7 billion in fiscal 2024 [1]

Adidas generated €21.4 billion in revenue in 2023 [2]

Adidas footwear revenue was €12.3 billion in 2023 [2]

Adidas gross margin was 47.5% in 2023 [2]

Adidas sold 419 million pairs of shoes in 2023 [3]

Puma sales were €8.6 billion in 2023 [4]

Puma gross profit margin was 46.3% in 2023 [4]

Skechers recorded sales of $8.00 billion in 2023 [5]

Skechers wholesale sales were $4.73 billion in 2023 [5]

Skechers direct-to-consumer sales were $3.27 billion in 2023 [5]

Crocs reported revenues of $3.96 billion in 2023 [6]

Crocs brand revenues were $3.03 billion in 2023 [6]

HEYDUDE revenues were $949 million in 2023 [6]

Deckers reported net sales of $4.29 billion in fiscal 2024 [7]

HOKA net sales were $1.81 billion in fiscal 2024 [7]

UGG net sales were $2.23 billion in fiscal 2024 [7]

Wolverine Worldwide reported revenue of $2.24 billion in 2023 [8]

Merrell revenue was $599.8 million in 2023 [8]

Saucony revenue was $335.7 million in 2023 [8]

Steve Madden reported revenue of $2.25 billion in 2023 [9]

Steve Madden wholesale revenue was $1.66 billion in 2023 [9]

Steve Madden direct-to-consumer revenue was $589.2 million in 2023 [9]

Caleres reported net sales of $2.82 billion in 2023 [10]

Famous Footwear sales were $1.47 billion in 2023 [10]

U.S. consumers bought 2.2 pairs of athletic shoes on average in 2023 [11]

U.S. consumers bought 2.5 pairs of non-athletic shoes on average in 2023 [12]

39% of U.S. consumers purchased shoes online in 2023 [13]

61% of U.S. consumers purchased shoes in-store in 2023 [13]

The average revenue per user in the U.S. footwear market is expected to amount to $252.10 in 2024 [14]

User penetration in the U.S. footwear market is expected to be 71.5% in 2024 [14]

Volume in the U.S. footwear market is expected to amount to 1.9 billion pairs by 2029 [14]

The average volume per person in the U.S. footwear market is expected to amount to 5.4 pairs in 2024 [14]

Revenue in the U.S. sneaker market is expected to amount to $23.4 billion in 2024 [15]

User penetration in the U.S. sneaker market is expected to be 45.0% in 2024 [15]

The average revenue per user in the U.S. sneaker market is expected to amount to $214.60 in 2024 [15]

Revenue in the global shoes market is expected to amount to $457.10 billion in 2024 [16]

The global shoes market is expected to grow annually by 3.16% from 2024 to 2029 [16]

The average revenue per user in the global shoes market is expected to amount to $59.96 in 2024 [16]

Volume in the global shoes market is expected to amount to 8.7 billion pairs by 2029 [16]

The average volume per person in the global shoes market is expected to amount to 1.0 pairs in 2024 [16]

Revenue in the global sneakers market is expected to amount to $100.20 billion in 2024 [17]

The global sneakers market is expected to grow annually by 3.48% from 2024 to 2029 [17]

User penetration in the global sneakers market is expected to be 12.4% in 2024 [17]

The average revenue per user in the global sneakers market is expected to amount to $96.38 in 2024 [17]

Revenue in China’s shoes market is expected to amount to $92.24 billion in 2024 [18]

User penetration in China’s shoes market is expected to be 37.5% in 2024 [18]

The average revenue per user in China’s shoes market is expected to amount to $173.40 in 2024 [18]

Volume in China’s shoes market is expected to amount to 3.2 billion pairs by 2029 [18]

Revenue in India’s shoes market is expected to amount to $29.21 billion in 2024 [19]

User penetration in India’s shoes market is expected to be 17.3% in 2024 [19]

The average revenue per user in India’s shoes market is expected to amount to $45.36 in 2024 [19]

Volume in India’s shoes market is expected to amount to 2.3 billion pairs by 2029 [19]

The global footwear market was valued at USD 398.92 billion in 2023 [20]

The global footwear market is projected to grow from USD 420.36 billion in 2024 to USD 579.80 billion by 2032 [20]

The global footwear market is expected to exhibit a CAGR of 4.11% during 2024–2032 [20]

The U.S. footwear market size was valued at USD 91.51 billion in 2023 [21]

The U.S. footwear market is expected to grow at a CAGR of 5.6% from 2024 to 2030 [21]

The global athletic footwear market size was valued at USD 127.30 billion in 2023 [22]

The global athletic footwear market is expected to grow at a CAGR of 4.8% from 2024 to 2030 [22]

The global luxury footwear market size was estimated at USD 31.72 billion in 2023 [23]

The global luxury footwear market is expected to grow at a CAGR of 5.6% from 2024 to 2030 [23]

The global hiking footwear market size was valued at USD 19.78 billion in 2023 [24]

The global hiking footwear market is expected to grow at a CAGR of 6.1% from 2024 to 2030 [24]

The global safety shoes market size was valued at USD 10.23 billion in 2023 [25]

The global safety shoes market is expected to grow at a CAGR of 4.8% from 2024 to 2030 [25]

The global kids footwear market size was estimated at USD 64.12 billion in 2023 [26]

The global kids footwear market is expected to grow at a CAGR of 6.6% from 2024 to 2030 [26]

The global vegan footwear market size was estimated at USD 35.52 billion in 2023 [27]

The global vegan footwear market is expected to grow at a CAGR of 7.9% from 2024 to 2030 [27]

The global orthopedic shoes market size was estimated at USD 4.72 billion in 2023 [28]

The global orthopedic shoes market is expected to grow at a CAGR of 5.3% from 2024 to 2030 [28]

The global online shoe market size was valued at USD 112.32 billion in 2023 [29]

The global online shoe market is expected to grow at a CAGR of 7.4% from 2024 to 2030 [29]

The global sneaker market size was estimated at USD 80.94 billion in 2023 [30]

The global sneaker market is expected to grow at a CAGR of 5.2% from 2024 to 2030 [30]

The global formal shoes market size was estimated at USD 10.46 billion in 2023 [31]

The global formal shoes market is expected to grow at a CAGR of 3.9% from 2024 to 2030 [31]

The global leather footwear market size was valued at USD 127.57 billion in 2023 [32]

The global leather footwear market is expected to grow at a CAGR of 4.6% from 2024 to 2030 [32]

The global non-athletic footwear market size was valued at USD 169.75 billion in 2023 [33]

The global non-athletic footwear market is expected to grow at a CAGR of 4.4% from 2024 to 2030 [33]

The footwear industry emitted 700 million metric tons of CO2 equivalent annually [34]

Footwear accounts for 1.4% of global greenhouse gas emissions [34]

Around 23.8 billion pairs of shoes are produced globally each year [34]

About 90% of shoes end up in landfill [34]

A typical running shoe generates 14 kilograms of CO2 emissions over its life cycle [35]

Manufacturing accounts for 68% of a running shoe’s carbon footprint [35]

More than 15 billion pairs of shoes are manufactured each year globally [35]

Footwear contributes 1.4% of global greenhouse gas emissions [35]

The average running shoe is made from about 65 discrete parts [35]

Allbirds reported a carbon footprint of 5.90 kg CO2e for its Tree Dasher 2 [36]

Allbirds reported a carbon footprint of 4.99 kg CO2e for its Wool Runner [36]

Allbirds reduced its average product carbon footprint by 22% by the end of 2022 versus 2021 [36]

On reported that 99% of polyester used in its products in 2023 was recycled [37]

On reported that 95% of cotton used in 2023 was organic [37]

On reported that 12% of polyester in footwear came from recycled sources in 2023 [37]

Adidas used 99% recycled polyester in its products in 2023 [38]

Adidas processed more than 18 million pairs of shoes containing Parley Ocean Plastic in 2023 [38]

Puma reported that 9 out of 10 products were made with recycled or certified materials in 2023 [39]

Puma aims to make 100% of its polyester from textile waste by 2030 [39]

Nike reported that 78% of all Nike brand footwear manufacturing waste was recycled back into Nike products and other goods in FY23 [40]

Nike diverted 100% of waste from landfill in its Tier 1 finished footwear supplier factories in FY23 [40]

Nike reduced greenhouse gas emissions by 69% at owned or operated facilities against a FY20 baseline [40]

New Balance reported that 100% of leather sourced in 2023 came from Leather Working Group silver-rated or above tanneries [41]

New Balance reported that 74% of polyester sourced in 2023 was recycled polyester [41]

Deckers reported that 100% of leather used for HOKA, Teva and Koolaburra in FY24 was Leather Working Group certified [42]

Deckers reported that 84% of polyester used in FY24 was recycled [42]

Crocs reduced absolute Scope 1 and 2 emissions by 11.2% in 2023 compared with 2021 [43]

Crocs’ Classic Clog has a carbon footprint of 3.94 kg CO2e per pair [43]

Crocs achieved 25.0% bio-circular content in Croslite in 2023 [43]

U.S. footwear imports totaled 2.39 billion pairs in 2023 [44]

The customs value of U.S. footwear imports was $28.94 billion in 2023 [44]

China accounted for 61.9% of U.S. footwear import pairs in 2023 [44]

Vietnam accounted for 31.3% of U.S. footwear import customs value in 2023 [44]

U.S. footwear exports totaled 56.5 million pairs in 2023 [45]

The customs value of U.S. footwear exports was $1.62 billion in 2023 [45]

The U.S. imported 377.2 million pairs of footwear from Vietnam in 2023 [44]

The U.S. imported 1.48 billion pairs of footwear from China in 2023 [44]

The U.S. imported 123.5 million pairs of footwear from Indonesia in 2023 [44]

The U.S. imported 101.7 million pairs of footwear from India in 2023 [44]

The customs value of U.S. footwear imports from Vietnam was $9.07 billion in 2023 [44]

The customs value of U.S. footwear imports from China was $7.90 billion in 2023 [44]

The customs value of U.S. footwear imports from Indonesia was $2.43 billion in 2023 [44]

The customs value of U.S. footwear imports from Cambodia was $1.32 billion in 2023 [44]

The average customs value per pair of U.S. footwear imports was $12.11 in 2023 [44]

The average customs value per pair of U.S. footwear exports was $28.75 in 2023 [45]

Footwear export quantity from China was 8.7 billion pairs in 2023 [46]

Footwear export quantity from China was 9.3 billion pairs in 2022 [46]

Vietnam exported footwear worth about 24 billion U.S. dollars in 2023 [47]

Vietnam produced about 1.4 billion pairs of footwear in 2023 [48]

India’s footwear exports were valued at around 3 billion U.S. dollars in FY 2024 [49]

India’s footwear imports were valued at around 822 million U.S. dollars in FY 2024 [50]

Brazil produced 892 million pairs of shoes in 2023 [51]

Brazil exported 97.5 million pairs of shoes in 2023 [52]

Brazil’s shoe export revenue reached 976 million U.S. dollars in 2023 [53]

Italy exported footwear worth 14.7 billion euros in 2023 [54]