Footwear is anticipated to return to pre-COVID-19 growth rates during the forecast period, rebounding from the pandemic recovery and the impact of high inflation rates in 2022 and 2023. Children’s, men’s, and women’s footwear are all projected to experience value growth with modest volume increases.
Sustainability remains a prominent trend in 2023 and is expected to persist throughout the forecast period, particularly in sports and outdoor footwear. Consumers engaged in outdoor activities tend to prioritise sustainability and eco-friendly products.
Athletic and outdoor styles are expected to trend upward over the forecast period, driven by the ongoing casualisation trend and the expansion of product ranges by activewear brands, such as Canada Goose, into footwear. Consumers are projected to seek versatile and comfortable athletic-themed footwear.
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Understand the latest market trends and future growth opportunities for the Footwear industry in Canada with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Footwear industry in Canada, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This is the aggregation of children's footwear, men's footwear and women's footwear. Includes all men’s, women’s and children’s outdoor and indoor shoes made of materials as leather, fabric or plastic. Outdoor shoes includes all dress shoes, trainers, sports shoes, sandals, boots, pumps, and high heels. Indoor shoes includes house-shoes and slippers. Items must be new when sold to the consumer; second-hand/used footwear is excluded. Antique and/or vintage footwear is also excluded. Sports footwear (broken out as a separate category) is included in total footwear figure. One pair of footwear constitutes one volume unit.See All of Our Definitions
This report originates from Passport, our Footwear research and analysis database.
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