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Shoes becoming a style statement for ladies

The global footwear market is expected to grow at a CAGR of 4.9% between 2023 and 2028 to reach a value of approximately $530.32 bn by 2028

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Shoes becoming a style statement for ladies
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8 Feb 2023 11:11 PM IST

Shoes retain their perfect shape, and some even look like art. It might sound crazy, but buying shoes taps into something primal that our ancestors experienced: hunt, chase, kill. Just thinking about exciting new shoes starts adrenaline flowing through your body, so by the time you've reached the shoe store, the body has begun to release dopamine and serotonin as well as norepinephrine and oxytocin; those are some potent chemicals.

In the world of business shoes that won't blister your feet are very important. Many women that walk any distance bring tennis shoes for the walk and change into dress shoes once they arrive at their place of employment. When they do make that change, it's not often that you'll see them change into any type of high heel. It's certainly not like it used to be when all women would be in the high heeled shoes. Today's business world will see women wearing lower and fatter heels in order to protect their feet. If attending an event such as a wedding or other banquet type party, the high heeled shoes make a grand return. Most women will wear them to complement their dresses. They will either match or contrast with the dress that they have chosen to wear.

Tennis shoes are a favorite when doing things like gardening, shopping, cleaning the house, etcetera. These shoes provide comfort and protection to the feet. If a woman is working in the yard or playing a game the tennis shoes will protect her feet while keeping them comfortable. If she is spending the day shopping tennis shoes will make her day easier on her at the end when she's walked for many hours.

Sandals are the shoes of summer. Nicely pedicured feet are just waiting to show off in those shoes that are nothing much more than padding and straps. Toes are painted a variety of colors which adorn the clothing and style choices.

In complete contrast boots of all sizes make a statement during the cold winter months. Boots that are tall can be worn with mid-length skirts to show off the style of the boot. Recently those that prefer cowboy boots are beginning to wear their jeans inside the boots. Again, this shows off the style of the boot.

Short boots can also make a statement. A shorter boot can be worn with a longer skirt. This combination can make a stylish statement just as much as the opposite. Shorter boots can be worn with slacks in the business place. Those that work in the city and choose to switch between tennis shoes and boots will have an easier time switching with short boots rather than long boots.

Shoes are the defining piece that creates a style. They make a statement and add function to fashion. They can make your feet feel like their floating in the clouds or they can put a punch line on a flashy number. Style is defined by every piece of the outfit including the shoes.

The global footwear market size reached a value of around $398 billion in the year 2022. The footwear market is further expected to grow at a CAGR of 4.9 per cent between 2023 and 2028 to reach a value of approximately $530.32 billion by 2028.

The global footwear market has the Asia Pacific as the leading regional market. This can be attributed to the rising trend of e-commerce platforms such as Amazon, Zappos, Alibaba, and Net-a-Porter, which has empowered consumers to select from a variety of footwear available online. The global footwear market is driven by the rising demand for superior quality footwear, in conjunction with the product innovation and premiumisation. In addition to this, the industry is further enhanced by the increasing emphasis of manufacturers on the development of innovative designs, while also keeping the comfort of consumers in mind. This has resulted in the introduction of modern products that are comfortable, along with being fashionable. Rising interest in sports and inclination towards physical activities, including jogging, have also positively influenced the footwear market growth.

Even though online marketing has the upper hand in comparison to the physical shopping experience in most consumer goods segments, consumers still favour physically buying footwear. This has resulted in thriving retail outlets and enhanced customer-manufacturer interaction. Additionally, aggressive promotional activities by manufacturers, along with improved spending capacities of consumers, have also spurred the footwear market growth.

Some women love high heels; some women love shoes that are bejewelled and bedazzled, some love Western boots, some love gladiator sandals, some love ballet pumps and some love thick, heavy boots.

Shoes adrenaline dopamine serotonin norepinephrine oxytocin 
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