Asia Briefing Ltd.’s Post

Discover the top 5 shoe brands in Bangladesh and their impressive sales margins! From Apex's global reach to fortuna's innovative strides, these brands are not just leading in sales but also setting trends. Step into the world of Bangladeshi footwear and uncover fascinating insights that you probably didn't know! Follow us more creative works. #bangladeshfootwear #topshoebrands #apexfootwear #BataShoes #bayemporium #jennysshoes #fortunashoes #fashiontrends #sustainablefashion #InnovativeDesigns #MarketInsights #shoelovers #footwearindustry #Bangladesh #bangladeshi #Banglanews #TechRevolution #BD #brandnews #marketingnews #bdnews24 #BDnews #marketanalysis #businessanalysis

GLOBAL FOOTWEAR MARKET TO REACH NEW HEIGHTS BY 2028 The global footwear market is projected to grow significantly from 2024 to 2028, increasing by $59.7 billion (+14.46%), reaching a peak of $472.59 billion in 2028. Experts predict a 9.5% year-on-year increase in footwear consumption by 2024. In a survey, 24% of respondents expect very strong growth, 25% expect strong growth, and 31% anticipate moderate growth. Only 6% foresee a decline. Notably, Africa and Asia are expected to see the highest growth rates in 2024, at 13.4% and 10.8% respectively, driven by economic and demographic trends. CEL Demand Supply Alignment  www.cel-consulting.com #CEL #Demand #Supply #Alignment 

Europe Footwear Market 2024: Statistics, Size, Share Analysis, Industry Expansion, Scope, Research Report and Forecast [2032] The Europe footwear market size reached US$ 88.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 117.2 Billion by 2032, exhibiting a growth rate (CAGR) of 3.14% during 2024-2032.   Request a Sample Report: https://lnkd.in/ggJUM5n4   The continuously evolving fashion trends, increasing health consciousness, ongoing technological advancements in materials, rising disposable incomes, e-commerce expansion, widespread adoption of an active lifestyle, and strong demand for luxury and custom footwear are contributing to the market growth.   Want to Know More about the Market - Full Report: https://lnkd.in/gMcsWR5j #europe #footwear #marketresearch #business #marketanalysis #markettrends #researchreport #marketreport #marketforecast #marketgrowth #businessinsights #industryanalysis #marketoutlook #growthprojections #marketstatistics #competitiveanalysis #trendanalysis #marketinsights #imarcgroup

Given India's expanding population and the rise of an aspirational middle class, it is expected that footwear demand would surge. Yet, the latest quarterly results from most listed footwear companies reveal a concerning trend of sluggish or flat revenue growth. This prompts a critical question: Is demand for footwear truly slowing down, or are new competitors effectively capturing market share? If new entrants are indeed the cause, we must ask why the leading footwear brands—many of which have been in the business for decades—failed to foresee and adapt to the trends shaping today's market. It is interesting to evaluate how these established players are positioning themselves to maintain relevance in this evolving landscape. #footwearindustry #stockmarkets #equity #strategy

Turkiye’s clothing-footwear CPI up 31.45% YoY, down 0.25% MoM in Nov Turkiye’s general consumer price index (CPI) rose by 2.24 per cent month on month (MoM) and 47.09 per cent year on year (YoY) in November this year, according to the Turkish Statistical Institute. The YoY CPI rise for clothing and footwear was 31.45 per cent in the month. At minus 0.25 per cent, clothing and footwear was the main… https://lnkd.in/gpatajvp https://lnkd.in/gUQPQ9Xp

In Q1 2022, China's #Footwear export value stood at 13.31 USD billion, slightly decreasing to 13.19 USD billion in Q1 2023, and further dropping to 12.54 USD Billion in Q1 2024, a 6.14% decrease from Q1 2022. This trend indicates a gradual decline in China's footwear #exports over the three-year period. This decline in export values can be attributed to multiple factors, including shifting market dynamics and external challenges faced by major footwear brands like Nike and H&M. These companies have reported inventory and demand issues, with Nike Inc. specifically projecting a mid-single-digit decrease in revenues. Additionally, the overall market for shoe imports in the US, a key market for Chinese footwear, saw a significant reduction of 37.7% in Q1 2024 compared to Q1 2022. These factors collectively contribute to the observed decrease in China's footwear export values. Avail your FREE trial and know more through the link below: https://lnkd.in/d6YHRid3 #TextileIndustry #TexPro #MarketIntelligence #TexProGraph #MarketTrends

Yesterday we launched the first ever sector-specific Value Chain Intervention Guidance for the Apparel and Footwear sector 🙌 This guidance document is based on the contributions of 32 organisations through the Apparel and Footwear Working Group in 2023. As guest speaker Beth Jensen from Textile Exchange shared in the launch webinar, this guidance helps the sector through: ➡ Arriving at a shared language about Scope 3 emission reductions and removals in the sector  ➡ Developing and documenting a common understanding of the challenges across the value chain  ➡ Agreeing on a set of necessary safeguards for credible Scope 3 interventions  ➡ Aligning on potential ways forward for each type of intervention across the multiple tiers in Apparel value chains Read the full guidance https://lnkd.in/eK4T3z9t #netzero #valuechain #apparel #footwear 

Forecasts for the footwear market in 2024 are brighter than in 2023, this emerged during market insights at the last edition of Expo Riva Schuh & Gardabags. 📊 In the next three years, the importance of digital channels in shoe sales is expected to expand further. In terms of global footwear consumption trends, however, on average experts forecast an increase of 9.2 per cent in 2024 compared to 2023. If these predictions prove to be correct, footwear consumption will increase by 13.2% in Africa, 10.6% in Asia, 6.4% in South America, 5.3% in North America and 1.5% in Europe in 2024, compared to 2023. 📢 What do you think about it? To stay up-to-date with real-time trends, don't miss the next edition of the fair 📌 January 2025, 11 to 14 #ExpoRivaSchuh101 #Gardabags #roadto102 #businessb2b #b2bsales #fashion #bags #shoes #accessories #bagmaker #shoesmaker #bagsuppliers #shoesuppliers #bagfactory #shoesfactory #sustainability #innovation #digital

Population is a key driver of footwear consumption at country level, explaining China’s and India’s position as top global consumers. The United States fell to 3rd place in 2023, recording a significant reduction in both absolute consumption and its share of the world total. In 2023, the Russia Federation, Bangladesh and Mexico entered the list of the top 10 consumers, narrowly surpassing Germany, France and the United Kingdom. The new entrants to the top 10 highlight the increasing purchasing power and market significance of developing economies, particularly in Asia, while also indicating a relative decline in the footwear consumption of some traditional European markets. Source: The World Footwear @collected

In partnership with Footwear Distributors and Retailers of America (FDRA), our AlixPartners Fall 2024 U.S. Consumer Footwear Survey dives into the changing behaviors of customers and seasonal trends. Surprisingly, price (and brand) fell way down the list of the most important criteria considered in a footwear purchase. Value - comfort, quality, versatility - is the watch word this BTS season. Our survey reveals how #footwear companies can meet consumers where they are today. Learn more: https://lnkd.in/etXhwmdD