Growth Within the Footwear Industry and the Popularity of Sneaker With No-Tie Laces
People throughout the world purchase a variety of footwear. By 2020, the global market is expected to be valued at $220.2 billion. Industry growth is also expected within the United States. Between 2018 to 2021, for example, projections indicate that this growth will consist of 2.6% a year. It’s also interesting to note that according to recent estimates, the sneaker resale market alone is worth over $1 billion.
Data indicates that United States’ consumers spend roughly $29.75 billion every year on footwear. Even though 2018 isn’t over yet, the footwear industry has already experienced $83.78 million in sales. Each person that has purchased footwear this year has spent about $255.55. There’s an excellent chance that many consumers have spent even more on quality footwear.
There are so many types of popular footwear. When it comes to providing comfortable footwear for children, for instance, sneakers are often at the top of the list. One of the many reasons for this is that q
