Footwear usually refers to garments worn on the feet, which are used to protect the feet from environmental conditions such as temperature and ground texture. Footwear manufacturers are taking advantage of technological advancements such as the adoption of advanced materials and methods in shoe production. The future of the footwear industry looks promising with great opportunities in non-athletic and athletic footwear. Moreover, there has been a marked shift towards customized and personalized footwear with brands catering to the needs of consumers.
Innovations in technology and new designs are bringing about a positive change in the footwear industry. Over the years, the demand for footwear has increased due to an increase in outdoor activities (cycling, running, and walking), increasing participation of consumers in sports and fitness-related activities, and an increasing number of health-conscious people. According to the World Bank, in 2018, Mexico exported footwear worth about US$ 657,870 to the United States. The top countries to which Mexico exports footwear include Guatemala, Costa Rica, Germany, Canada, and the United States.
Footwear is one of the essential items and nowadays every human being uses it. It is used by individuals of all age groups and gender. Thus, there is an increasing demand for comfortable, fancy, and trendy footwear across the world. Over the years, demand for footwear has increased and is expected to continue at the same pace in the coming future. Footwear manufacturers are using online platforms (e-commerce) to meet increasing demand. Online platforms have gained popularity among the youth, leading to a significant share among all the distribution channels.
Moreover, there is an increasing demand for footwear (industrial footwear) in various end-use industries. Industrial footwear is intended to wear at the workplace to protect the feet from foot injuries. This type of footwear acts as a protective barrier between the individual wearing it and the work environment. Footwear in the manner of shoes therefore primarily serves the purpose to ease locomotion and prevent injuries.