Footwear Market Revenue to Reach USD 1.09 trillion by 2031 | Transparency Market Research, Inc.
With the advancement of digital technologies and AI integration, footwear is expected to grow significantly in the coming years.Wilmington, Delaware, United States, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The footwear industry was valued at US$ 859 billion in 2021. A CAGR of 7.8% is anticipated from 2022 to 2031, with a value of US$ 1.09 trillion by the end of that year. Digital fashion experiences can be transformed through AI, web3, games, and metaverse technologi