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Global Footwear Market Share, Size, Growth, Analysis: By Type: Non-Athletic Footwear, Athletic Footwear; By Material: Rubber, Leather, Plastic, Fabric, Others; By Pricing: Premium, Mass; By End Use: Men, Women, Kids; By Distribution Channel: Supermarkets and Hypermarkets, Others; Regional Analysis; Competitive Landscape; 2023-2028

Global Footwear Market Outlook 

The global footwear market size reached a value of around USD 398 billion in the year 2022. The footwear market is further expected to grow at a CAGR of 4.9% between 2023 and 2028 to reach a value of approximately USD 530.32 billion by 2028.

 

Footwear Market

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The global footwear market has the Asia Pacific as the leading regional market. This can be attributed to the rising trend of e-commerce platforms such as Amazon, Zappos, Alibaba, and Net-a-Porter, which has empowered consumers to select from a variety of footwear available online.

 

Market Segmentation

Footwear is referred to as a product that is worn in order to provide comfort and protection to the feet. It is manufactured using a wide variety of materials, such as leather, wood, canvas, jute, plastics, and rubber.

 

Footwear Market by Segments

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The global footwear market is bifurcated on the basis of product into:

  • Non-Athletic
  • Sneakers
  • Boots
  • Shoes
  • Slippers
  • Sandals
  • Athletic 

 

Currently, non-athletic footwear represents the most popular type, accounting for the largest share.

 

Based on the material, the footwear market is segmented into:

  • Rubber
  • Leather
  • Plastic
  • Fabric
  • Others

 

Out of these, leather is the most common material utilised in making footwear.

 

On the basis of distribution channel, the footwear market is categorised into:

  • Footwear Specialists
  • Online Sales
  • Supermarkets and Hypermarkets
  • Departmental Stores
  • Clothing Stores
  • Others

 

Among all of these, footwear specialists hold the majority of the global market share.
 
 

On the basis of pricing, the industry is categorised into:

  • Premium
  • Mass

 

At present, mass products represent a clear dominance in the market.
 
 

On the basis of end-user, the industry is divided into:

  • Men
  • Women
  • Kids

 

Currently, women represent the majority of the overall market share.
 

The report also covers the regional markets of footwear like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Footwear Market by Region

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Market Analysis 

The global footwear market is driven by the rising demand for superior quality footwear, in conjunction with the product innovation and premiumisation. In addition to this, the industry is further enhanced by the increasing emphasis of manufacturers on the development of innovative designs, while also keeping the comfort of consumers in mind. This has resulted in the introduction of modern products that are comfortable, along with being fashionable. Rising interest in sports and inclination towards physical activities, including jogging, have also positively influenced the footwear market growth.

 

Even though online marketing has the upper hand in comparison to the physical shopping experience in most consumer goods segments, consumers still favour physically buying footwear. This has resulted in thriving retail outlets and enhanced customer-manufacturer interaction. Additionally, aggressive promotional activities by manufacturers, along with improved spending capacities of consumers, have also spurred the footwear market growth.

 

Competitive Landscape 

The report gives a detailed analysis of the following key players in the global footwear market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

 

  • Nike, Inc.
  • PUMA SE
  • Skechers USA, Inc.
  • Adidas AG
  • VF Corporation
  • TBL Licensing LLC
  • Crocs Retail, LLC
  • Under Armour®, Inc.
  • Jimmy Choo S.r.l.
  • FILA Holdings Corp.
  • Prada S.p.A.
  • Burberry Group Plc
  • Wolverine World Wide, Inc
  • Bata Corporation
  • Others

 

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model, along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Material
  • Pricing
  • End Use
  • Distribution Channel
  • Region
Breakup by Type
  • Non-Athletic Footwear
  • Athletic Footwear
Breakup by Material
  • Rubber
  • Leather
  • Plastic
  • Fabric
  • Others
Breakup by Pricing
  • Premium
  • Mass
Breakup by End Use
  • Men
  • Women
  • Kids
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Footwear Specialists
  • Departmental Stores
  • Clothing Stores
  • Online
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Trade Data Analysis
  • Major Exporting Countries
    • By Value
    • By Volume
  • Major Importing Countries
    • By Value
    • By Volume
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Nike, Inc.
  • PUMA SE
  • Skechers USA, Inc.
  • Adidas AG
  • VF Corporation
  • TBL Licensing LLC
  • Crocs Retail, LLC
  • Under Armour®, Inc.
  • Jimmy Choo S.r.l.
  • FILA Holdings Corp.
  • Prada S.p.A.
  • Burberry Group Plc
  • Wolverine World Wide, Inc
  • Bata Corporation
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface  
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Footwear Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Footwear Historical Market (2018-2022) 
    8.3    Global Footwear Market Forecast (2023-2028)
    8.4    Global Footwear Market by Type
        8.4.1    Non-Athletic Footwear
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022) 
            8.4.1.3    Forecast Trend (2023-2028)
            8.4.1.4    Breakup by Type
                8.4.1.4.1    Sneakers
                8.4.1.4.2    Boots
                8.4.1.4.3    Shoes
                8.4.1.4.4    Slippers
                8.4.1.4.5    Sandals
        8.4.2    Athletic Footwear
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022) 
            8.4.2.3    Forecast Trend (2023-2028)
    8.5    Global Footwear Market by Material
        8.5.1    Rubber
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022) 
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Leather
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022) 
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Plastic
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022) 
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Fabric
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022) 
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Others
    8.6    Global Footwear Market by Pricing
        8.6.1    Premium
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022) 
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Mass
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022) 
            8.6.2.3    Forecast Trend (2023-2028)
    8.7    Global Footwear Market by End Use
        8.7.1    Men 
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2022) 
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Women
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022) 
            8.7.2.3    Forecast Trend (2023-2028)
        8.7.3    Kids
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2022) 
            8.7.3.3    Forecast Trend (2023-2028)
    8.8    Global Footwear Market by Distribution Channel
        8.8.1    Supermarkets and Hypermarkets
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2018-2022) 
            8.8.1.3    Forecast Trend (2023-2028)
        8.8.2    Footwear Specialists
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2018-2022) 
            8.8.2.3    Forecast Trend (2023-2028)
        8.8.3    Departmental Stores
            8.8.3.1    Market Share
            8.8.3.2    Historical Trend (2018-2022) 
            8.8.3.3    Forecast Trend (2023-2028)
        8.8.4    Clothing Stores
            8.8.4.1    Market Share
            8.8.4.2    Historical Trend (2018-2022) 
            8.8.4.3    Forecast Trend (2023-2028)
        8.8.5    Online
            8.8.5.1    Market Share
            8.8.5.2    Historical Trend (2018-2022) 
            8.8.5.3    Forecast Trend (2023-2028)
        8.8.6    Others
    8.9    Global Footwear Market by Region
        8.9.1    North America
            8.9.1.1    Market Share
            8.9.1.2    Historical Trend (2018-2022) 
            8.9.1.3    Forecast Trend (2023-2028)
        8.9.2    Europe
            8.9.2.1    Market Share
            8.9.2.2    Historical Trend (2018-2022) 
            8.9.2.3    Forecast Trend (2023-2028)
        8.9.3    Asia Pacific
            8.9.3.1    Market Share
            8.9.3.2    Historical Trend (2018-2022) 
            8.9.3.3    Forecast Trend (2023-2028)
        8.9.4    Latin America
            8.9.4.1    Market Share
            8.9.4.2    Historical Trend (2018-2022) 
            8.9.4.3    Forecast Trend (2023-2028)
        8.9.5    Middle East and Africa
            8.9.5.1    Market Share
            8.9.5.2    Historical Trend (2018-2022) 
            8.9.5.3    Forecast Trend (2023-2028)
9    North America Footwear Market Analysis
    9.1    Market by Type
    9.2    Market by Material
    9.3    Market by Pricing
    9.4    Market by End Use
    9.5    Market by Distribution Channel
    9.6    Market by Country
        9.6.1    United States of America 
            9.6.1.1    Market Share
            9.6.1.2    Historical Trend (2018-2022) 
            9.6.1.3    Forecast Trend (2023-2028)
        9.6.2    Canada
            9.6.2.1    Market Share
            9.6.2.2    Historical Trend (2018-2022) 
            9.6.2.3    Forecast Trend (2023-2028)
10    Europe Footwear Market Analysis
    10.1    Market by Type
    10.2    Market by Material
    10.3    Market by Pricing
    10.4    Market by End Use
    10.5    Market by Distribution Channel
    10.6    Market by Country
        10.6.1    United Kingdom
            10.6.1.1    Market Share
            10.6.1.2    Historical Trend (2018-2022) 
            10.6.1.3    Forecast Trend (2023-2028)
        10.6.2    Germany
            10.6.2.1    Market Share
            10.6.2.2    Historical Trend (2018-2022) 
            10.6.2.3    Forecast Trend (2023-2028)
        10.6.3    France
            10.6.3.1    Market Share
            10.6.3.2    Historical Trend (2018-2022) 
            10.6.3.3    Forecast Trend (2023-2028)
        10.6.4    Italy
            10.6.4.1    Market Share
            10.6.4.2    Historical Trend (2018-2022) 
            10.6.4.3    Forecast Trend (2023-2028)
        10.6.5    Others
11    Asia Pacific Footwear Market Analysis
    11.1    Market by Type
    11.2    Market by Material
    11.3    Market by Pricing
    11.4    Market by End Use
    11.5    Market by Distribution Channel
    11.6    Market by Country
        11.6.1    China
            11.6.1.1    Market Share
            11.6.1.2    Historical Trend (2018-2022) 
            11.6.1.3    Forecast Trend (2023-2028)
        11.6.2    Japan
            11.6.2.1    Market Share
            11.6.2.2    Historical Trend (2018-2022) 
            11.6.2.3    Forecast Trend (2023-2028)
        11.6.3    India
            11.6.3.1    Market Share
            11.6.3.2    Historical Trend (2018-2022) 
            11.6.3.3    Forecast Trend (2023-2028)
        11.6.4    ASEAN
            11.6.4.1    Market Share
            11.6.4.2    Historical Trend (2018-2022) 
            11.6.4.3    Forecast Trend (2023-2028)
        11.6.5    Australia
            11.6.5.1    Market Share
            11.6.5.2    Historical Trend (2018-2022) 
            11.6.5.3    Forecast Trend (2023-2028)
        11.6.6    Others
12    Latin America Footwear Market Analysis
    12.1    Market by Type
    12.2    Market by Material
    12.3    Market by Pricing
    12.4    Market by End Use
    12.5    Market by Distribution Channel
    12.6    Market by Country
        12.6.1    Brazil
            12.6.1.1    Market Share
            12.6.1.2    Historical Trend (2018-2022) 
            12.6.1.3    Forecast Trend (2023-2028)
        12.6.2    Argentina
            12.6.2.1    Market Share
            12.6.2.2    Historical Trend (2018-2022) 
            12.6.2.3    Forecast Trend (2023-2028)
        12.6.3    Mexico
            12.6.3.1    Market Share
            12.6.3.2    Historical Trend (2018-2022) 
            12.6.3.3    Forecast Trend (2023-2028)
        12.6.4    Others
13    Middle East and Africa Footwear Market Analysis
    13.1    Market by Type
    13.2    Market by Material
    13.3    Market by Pricing
    13.4    Market by End Use
    13.5    Market by Distribution Channel
    13.6    Market by Country
        13.6.1    Saudi Arabia
            13.6.1.1    Market Share
            13.6.1.2    Historical Trend (2018-2022) 
            13.6.1.3    Forecast Trend (2023-2028)
        13.6.2    United Arab Emirates
            13.6.2.1    Market Share
            13.6.2.2    Historical Trend (2018-2022) 
            13.6.2.3    Forecast Trend (2023-2028)
        13.6.3    Nigeria
            13.6.3.1    Market Share
            13.6.3.2    Historical Trend (2018-2022) 
            13.6.3.3    Forecast Trend (2023-2028)
        13.6.4    South Africa
            13.6.4.1    Market Share
            13.6.4.2    Historical Trend (2018-2022) 
            13.6.4.3    Forecast Trend (2023-2028)
        13.6.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Trade Data Analysis
    15.1    Major Exporting Countries 
        15.1.1    by Value
        15.1.2    by Volume
    15.2    Major Importing Countries 
        15.2.1    by Value
        15.2.2    by Volume
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Nike, Inc.
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    PUMA SE
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Skechers USA, Inc.
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Adidas AG
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    VF Corporation
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    TBL Licensing LLC
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Crocs Retail, LLC
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Under Armour®, Inc.
            16.2.8.1    Company Overview
            16.2.8.2    Product Portfolio
            16.2.8.3    Demographic Reach and Achievements
            16.2.8.4    Certifications
        16.2.9    Jimmy Choo S.r.l.
            16.2.9.1    Company Overview
            16.2.9.2    Product Portfolio
            16.2.9.3    Demographic Reach and Achievements
            16.2.9.4    Certifications
        16.2.10    FILA Holdings Corp.
            16.2.10.1    Company Overview
            16.2.10.2    Product Portfolio
            16.2.10.3    Demographic Reach and Achievements
            16.2.10.4    Certifications
        16.2.11    Prada S.p.A.
            16.2.11.1    Company Overview
            16.2.11.2    Product Portfolio
            16.2.11.3    Demographic Reach and Achievements
            16.2.11.4    Certifications
        16.2.12    Burberry Group Plc
            16.2.12.1    Company Overview
            16.2.12.2    Product Portfolio
            16.2.12.3    Demographic Reach and Achievements
            16.2.12.4    Certifications
        16.2.13    Wolverine World Wide, Inc
            16.2.13.1    Company Overview
            16.2.13.2    Product Portfolio
            16.2.13.3    Demographic Reach and Achievements
            16.2.13.4    Certifications
        16.2.14    Bata Corporation
            16.2.14.1    Company Overview
            16.2.14.2    Product Portfolio
            16.2.14.3    Demographic Reach and Achievements
            16.2.14.4    Certifications
        16.2.15    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Footwear Market: Key Industry Highlights, 2018 and 2028
2.    Global Footwear Historical Market: Breakup by Type (USD Million), 2018-2022
3.    Global Footwear Market Forecast: Breakup by Type (USD Million), 2023-2028
4.    Global Footwear Historical Market: Breakup by Material (USD Million), 2018-2022
5.    Global Footwear Market Forecast: Breakup by Material (USD Million), 2023-2028
6.    Global Footwear Historical Market: Breakup by Pricing (USD Million), 2018-2022
7.    Global Footwear Market Forecast: Breakup by Pricing (USD Million), 2023-2028
8.    Global Footwear Historical Market: Breakup End User (USD Million), 2018-2022
9.    Global Footwear Market Forecast: Breakup by End User (USD Million), 2023-2028
10.    Global Footwear Historical Market: Breakup Distribution Channel (USD Million), 2018-2022
11.    Global Footwear Market Forecast: Breakup by Distribution Channel (USD Million), 2023-2028
12.    Global Footwear Historical Market: Breakup by Region (USD Million), 2018-2022
13.    Global Footwear Market Forecast: Breakup by Region (USD Million), 2023-2028
14.    North America Footwear Historical Market: Breakup by Country (USD Million), 2018-2022
15.    North America Footwear Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Europe Footwear Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Europe Footwear Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Asia Pacific Footwear Historical Market: Breakup by Country (USD Million), 2018-2022
19.    Asia Pacific Footwear Market Forecast: Breakup by Country (USD Million), 2023-2028
20.    Latin America Footwear Historical Market: Breakup by Country (USD Million), 2018-2022
21.    Latin America Footwear Market Forecast: Breakup by Country (USD Million), 2023-2028
22.    Middle East and Africa Footwear Historical Market: Breakup by Country (USD Million), 2018-2022
23.    Middle East and Africa Footwear Market Forecast: Breakup by Country (USD Million), 2023-2028
24.    Global Footwear Market Structure

Key Questions Answered in the Report

In 2022, the global footwear market attained a value of nearly USD 398 billion. 

The market is projected to grow at a CAGR of 4.9% between 2023 and 2028.

The market is estimated to grow in the forecast period of 2023-2028 to reach about USD 530.32 billion by 2028.

The major drivers of the industry, such as rising disposable incomes, increasing focus on comfort and design, growing interest in fitness and sports activities, rising demand from the developing regions, growing retail sector, and increase in sales of premium quality products, are expected to aid the footwear market growth.

The growing product purchase by consumers via e-commerce platforms such as Amazon, Alibaba, and others, and the launch of improved products range by manufacturers are the key market trends guiding the growth of the industry.

The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest market share. 

Non-athletic footwear is the leading type in the market. Non-athletic footwear is further segmented based on type into sneakers, boots, shoes, slippers, and sandals.

Leather is the most popular material type in the industry.  

The distribution channel segment is led by footwear specialists store.  

Mass products represent the leading segment based on pricing in the industry. 

The most popular end user of the product in the industry are women. 

The major players in the industry are Nike, Inc., PUMA SE, Skechers USA, Inc., Adidas AG, VF Corporation, TBL Licensing LLC, Crocs Retail, LLC, Under Armour®, Inc., Jimmy Choo S.r.l., FILA Holdings Corp., Prada S.p.A., Burberry Group Plc, Wolverine World Wide, Inc, and Bata Corporation, among others.

Analyst Review

The global footwear market attained a value of USD 398 billion in the year 2022, driven by the increasing demand for premium and fashionable footwear and escalating disposable incomes. Aided by the growing investments and the launch of enhanced product portfolio by the key players, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 4.9%. The footwear market is projected to reach USD 530.32 billion by 2028.

 

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. Based on type, the market can be bifurcated into non-athletic and athletic footwear, with non-athletic footwear accounting for the largest market share. Non-athletic footwear is further segmented into sneakers, boots, shoes, slippers, and sandals. On the basis of material, the market is led by leather. Based on distribution channels, the footwear specialists sector accounts for the leading share in the market. Based on pricing, the market is divided into premium and mass products, with mass variants dominating the overall market. On the basis of end use, the market is categorised into men, women, and kids, with women exhibiting a clear dominance in the market. The major regional markets for footwear are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest share of the market. The key players in the above market include Nike, Inc., PUMA SE, Skechers USA, Inc., Adidas AG, VF Corporation, TBL Licensing LLC, Crocs Retail, LLC, Under Armour®, Inc., Jimmy Choo S.r.l., FILA Holdings Corp., Prada S.p.A., Burberry Group Plc, Wolverine World Wide, Inc, and Bata Corporation, among others.

 

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition. 

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