Footwear Manufacturing Machines Market Size, Share 2024-32

The global footwear manufacturing machines market size reached US$ 21.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 31.0 Billion by 2032, exhibiting a growth rate (CAGR) of 4% during 2024-2032. Increasing sales of superior quality footwear, rising adoption of sustainable materials, and the growing social media influence represent some of the key factors driving the market.