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Competitive Landscape
Despite a slight decline in value share, Pacific Brands continued to lead sales in 2013. During the year, the company's value sales were negatively affected by the divestment of several licences, including Naturalizer and Stussy, the negative performance of some brands and the unrecoverable debt resulting from one of its retailers, Payless Shoes, which went into administration. However, the performance of the company's licensed brands such as Clarks and Hush Puppies offset to some extent the declines.
Industry Prospects
Over the forecast period, footwear is predicted to post CAGR of 1% in constant value and marginal CAGR in volume, with men's footwear expected to record the strongest performance during this period with CAGRs of 1% in both retail volume and constant value terms. Growth of sales of men's footwear is likely to be the result of the increasing amount of attention men are paying to how they look and what they wear. This will be reflected in a shift towards purchasing premium brands as male consumers look for good-quality shoes.
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Footwear industry in Australia with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Footwear industry in Australia, our research will save you time and money while empowering you to make informed, profitable decisions.
The Footwear in Australia market research report includes:
* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
* What is the market size of Footwear in Australia?
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