"Footwear in Australia" Published

From: Fast Market Research, Inc.
Published: Wed Aug 12 2015

In Australia, the popularity of sports-inspired fashion extended to footwear with sports footwear outperforming total footwear in 2014 with value growth of 4% compared to 3%, respectively. The sport luxe trend resulted in men and women wearing sports-inspired footwear as part of their regular attire. This was particularly evident in women’s footwear, with value sales of women’s sports footwear increasing by 19% in 2014. Comfort and style were the common themes in women’s footwear with numerous designers pairing dresses and almost any style of clothing with sports footwear at major events like the Mercedes-Benz Fashion Week and the Melbourne Spring Fashion Week.

Competitive Landscape

In 2014 Pacific Brands led sales of footwear in Australia with a 6% value share. During the review period the company’s strong position was largely the result of its extensive brand portfolio of licensed and owned footwear brands. However, in the last two years of the review period the company started divesting several business units and exiting some of its licenses, including those for Naturalizer and Stussy in 2013. This resulted in the company’s value share declining from 12% in 2010 to 6% in 2014.

Full Report Details at
- http://www.fastmr.com/prod/1031462_footwear_australia.aspx?afid=301

Industry Prospects

The sports luxe trend and the popularity of sports footwear is expected to continue during the forecast period. As a result sports footwear is expected to outperform the total footwear category with value sales of sports footwear predicted to increase at a 2% CAGR at constant 2014 prices whilst total footwear is predicted to see a CAGR that, while set to be positive, is expected to wind up at only slightly above zero during the forecast period. This trend will also support growth of sports-inspired footwear, which is projected to be the fastest-growing segment in the forecast period.

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

About Fast Market Research

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You may also be interested in these related reports:

- Footwear in Japan
- Footwear in South Korea
- Footwear in the Czech Republic
- Footwear in Canada
- Footwear in Thailand

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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