Men Formal Shoe Market Growth, Demand and Challenges of the Key Industry Players 2024-2032
                     Global Men Formal 
Shoe Market Research 
and Forecast Report 
2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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Accord ing to  the la tes t  repor t  by IMARC Group,  t i t led  "Men Formal  Shoe 
Market:  Global  Industry Trends,  Share,  Size,  Growth,  Opportuni ty  and 
Forecast  2024-2032,"  the  g lobal  men formal  shoe market  s ize reached 
US$ 10.3 Bi l l ion in  2023.
Report Men formal  shoes are worn by work ing profess ionals  in  o f f ices,  bus iness 
meet ings,  and spec ia l  occas ions.  They are genera l ly  pa i red wi th  sh i r ts  
Highlight and and t rousers  to  g ive a  complete  formal  look.  
They inc lude ba l ler inas,  mules,  oxfords,  derb ies ,  and boots  made of  
Description cowhide and ar t i f ic ia l  and gra ined leather .  They are s leek,  presentab le ,  
h igh ly  comfor tab le  to  the feet ,  and of fer  a  d is t inct ive appearance,  bet ter  
f in ish ing,  and h igher  durab i l i ty  as  compared to  the i r  casual  counterpar ts .
Request  for  a  PDF sample of  this  report :  
ht tps : / /www. imarcgroup.com/men- formal -shoe-market / requestsample
Report Description
G lo b a l  M e n  F o r m a l  S h o e  M a r k e t  T r e n d s :
I n c r e a s i n g  w o r k i n g  m a l e  p o p u l a t i o n ,  r i s i n g  e x p e n d i t u r e  c a p a c i t y  a n d  s h i f t i n g  f a s h i o n  t r e n d s  a r e  a m o n g  t h e  m a j o r  f a c to r s  
c a t a l y z i n g  t h e  d e m a n d  f o r  p r e m i u m  a n d  b r a n d e d  f o o t w e a r .  T h e  r i s i n g  p r e v a l e n c e  o f  f o o t  p r o b l e m s  c a u s e d  b y  w e a r i n g  
u n c o m f o r t a b l e  s h o e s ,  w h i c h  i n c l u d e  p l a n t a r  f a s c i i t i s ,  t e n d o n i t i s ,  s t r e s s  f r a c tu r e s ,  a n d  s h i n  s p l i n t s ,  i s  a l s o  c o n t r i b u t i n g  t o  t h e  
m a r k e t  g r o w t h .  B e s i d e s  t h i s ,  t h e  i n c r e a s i n g  i n f l u e n c e  o f  s o c i a l  m e d i a  p l a t f o r m s  a n d  f a s h i o n  b l o g s  i s  o f f e r i n g  a  f a v o r a b l e  m a r k e t  
o u t l o o k .  
M o r e o v e r ,  f o r m a l  s h o e s  a r e  r e a d i l y  a v a i l a b l e  t h r o u g h  o n l i n e  d i s t r i b u t i o n  c h a n n e l s  a t  d i s c o u n te d  r a t e s  a n d  s u p p o r t e d  b y  f r e e  h o m e  
d e l i v e r y  a n d  s e c u r e d  o n l i n e  p a y m e n t  f a c i l i t i e s .  T h e  r i s i n g  t r e n d  o f  d r e s s - c o d e d  p a r t i e s  a n d  b u s i n e s s  m e e t i n g s  i s  a l s o  d r i v i n g  t h e  
d e m a n d  f o r  m e n  f o r m a l  s h o e s  a c r o s s  t h e  g l o b e .  F u r t h e r m o r e ,  l e a d i n g  i n d u s t r y  i n v e s t o r s  a r e  f o c u s i n g  o n  e x p a n d i n g  t h e i r  p r o d u c t  
p o r t f o l i o  b y  i n t r o d u c i n g  f o r m a l  s h o e s  w i t h  i n t r i c a t e  d e s i g n s ,  s u p e r i o r  c u s h i o n i n g  s o l e s ,  a n d  w a te r p r o o f i n g  f e a tu r e s .  T h e y  a r e  a l s o  
i n v e s t i n g  i n  p r o m o t i o n a l  a c t i v i t i e s ,  c e l e b r i t y  e n d o r s e m e n t s ,  a n d  o t h e r  m a r k e t i n g  s t r a t e g i e s  t o  e x p a n d  t h e i r  c o n s u m e r  b a s e  a n d  
i n c r e a s e  p r o f i t a b i l i t y .
L o o k in g  f o r w a r d ,  t h e  m a r k e t  v a l u e  i s  p r o j e c t e d  t o  r e a c h  U S $  1 6 .9  B i l l i o n  b y  2 0 3 2 ,  e x p a n d in g  a t  a  C A G R  o f  5 .4 5 %  d u r in g  
2 0 2 4 - 2 0 3 2 .
V ie w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w w w . i m a r c g r o u p . c o m / m e n - f o r m a l - s h o e - m a r k e t
Shoe Type Insights:
• Oxford Shoe
• Derby Shoe
• Loafer Shoe
• Boots Shoe
Report • Others
Segmentation Leather Type Insights:
• Patent Leather
• Pebble and Ful l  Grain Leather
• Top Grain Leather 
• Suede Leather
Regional Insights:
• North America
• Asia-Pacifi c
• Europe
• Latin America
Report • Middle East and Afr ica
Segmentation
• Alden Shoe Company
• Al len Edmonds Corporat ion (Caleres Inc.)
• Bruno Magl i  S.p.A. (Marquee Brands)
• Burberry Group Plc
Competitive • C. & J .  Clark Internat ional  Ltd.  (C&J Clark 
(Holdings) L imited)
Landscape • Calvin  K le in Inc.  (PVH Corp.)
with Key • Cole Haan
• Dolce & Gabbana S.r. l .
Players • Genesco Inc.
• Guccio Gucci  S .p .A (Kering Hol land NV)
• Hugo Boss AG
• LVMH Moët Hennessy Louis  Vuit ton
• Prada S.p.A.
How has the global men formal shoe market 
performed so far and how will it perform in the 
coming years?
What are the drivers, restraints, and opportunities 
in the global men formal shoe market?
What are the key regional markets?
Key 
Questions Which countries represent the most attractive men 
formal shoe markets?
Answered in 
What is the breakup of the market based on the 
the Report shoe type?
What is the breakup of the market based on the 
leather type?
What is the competitive structure of the global men 
formal shoe market?
Who are the key players/companies in the global 
men formal shoe market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
Contents     4 . 1     O v e r v i e w    4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  M e n  F o r m a l  S h o e  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  S h o e  T y p e
    6 . 1     O x f o r d  S h o e
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     D e r b y  S h o e
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
    6 . 3     L o a f e r  S h o e
        6 . 3 . 1  M a r k e t  T r e n d s
        6 . 3 . 2  M a r k e t  F o r e c a s t
       
 6 . 4     B o o t s  S h o e
        6 . 4 . 1  M a r k e t  T r e n d s
        6 . 4 . 2  M a r k e t  F o r e c a s t
    6 . 5     O t h e r s
        6 . 5 . 1  M a r k e t  T r e n d s
        6 . 5 . 2  M a r k e t  F o r e c a s t
7     M a r k e t  B r e a k u p  b y  L e a t h e r  T y p e
    7 . 1     P a t e n t  L e a t h e r
        7 . 1 . 1  M a r k e t  T r e n d s
Table of         7 . 1 . 2  M a r k e t  F o r e c a s t    7 . 2     P e b b l e  a n d  F u l l  G r a i n  L e a t h e r
        7 . 2 . 1  M a r k e t  T r e n d s
        7 . 2 . 2  M a r k e t  F o r e c a s t
Contents     7 . 3     T o p  G r a i n  L e a t h e r        7 . 3 . 1  M a r k e t  T r e n d s
        7 . 3 . 2  M a r k e t  F o r e c a s t
    7 . 4     S u e d e  L e a t h e r
        7 . 4 . 1  M a r k e t  T r e n d s
        7 . 4 . 2  M a r k e t  F o r e c a s t
8     M a r k e t  B r e a k u p  b y  R e g i o n
    8 . 1     N o r t h  A m e r i c a
        8 . 1 . 1  U n i t e d  S t a t e s
           8 . 1 . 1 . 1  M a r k e t  T r e n d s
           8 . 1 . 1 . 2  M a r k e t  F o r e c a s t
        8 . 1 . 2  C a n a d a
           8 . 1 . 2 . 1  M a r k e t  T r e n d s
           8 . 1 . 2 . 2  M a r k e t  F o r e c a s t
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
ht t ps : / /w ww. i ma rc gro up . c o m /m en - f o rma l - sh o e -ma rke t / t o c
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