The global footwear market is booming
31.01.2014 3129

The global footwear market is booming

Due to abnormal frosts in the USA and rains in Europe, the global shoe market continues to boom, reports analyst at AForex financial company Narek Avakyan.

In January, according to the expectations of market players, sales will exceed 22 billion dollars, which is an absolute record. On the whole, over the 2013 year, the market volume increased by more than 15%, with a general slowdown in global economic growth to 2,4%. In the future, we can expect a slight decrease in market growth, but in the next five years the dynamics is unlikely to be lower than 10% per annum, the expert believes.

Due to abnormal frosts in the USA and rains in Europe, the global footwear market continues to boom, reports Narek, an analyst at AForex financial company ...

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