According to a new report, ‘Footwear: A Global Strategic Business Report’, released by Global Industry Analysts, Inc., the worldwide footwear market is projected to reach 13.9 billion pairs corresponding to a value of $192.4 billion by 2010. The USA is set to continue to lead global consumption, with about a third of each dollar spent on footwear coming from the region. However, Europe, which is currently one of the largest markets in terms of value, is likely to be overshadowed by the USA and the ever-burgeoning Asian region, in years to come.

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