The Chinese footwear retail market will surge at a Compound Annual Growth Rate (CAGR) of 10% during 2010-2013, according to a research report “China Footwear Market Analysis” by industry intelligence firm RNCOS. China has emerged as the largest shoe producing and exporting country worldwide during the past few years, due to its huge capacity and processing technology. Moreover, with the improving living standards, burgeoning middle class population, and increasing demand for branded and fashionable footwear, the domestic footwear market is expected to surge at a CAGR of around 10% during 2010-2013.
The report evaluates various market trends and analyses their importance in the development of the Chinese footwear market during the coming years. The report thoroughly studies leather, plastic, rubber, and textile shoes in China, in terms of market share and production. The report provides information about regional hubs, including Guangdong, Wenzhou, Jinjiang, and Chengdu along with their production patterns.
