On the basis of regional analysis, the global luxury footwear market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
North America industry is anticipated to dominate majority revenue share by 2036, as demand for luxury footwear amongst the consumers is increasingly high owing to high disposable income of individuals in the region. Asia Pacific is anticipated to gain significant market share on the back of presence of nations such as China and India, where the consumption of footwears is comparatively very high owing to the nations having a huge population.
Author Credits: Parul Atri
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