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Fitness, Sustainability Trends Could Drive Footwear to 8% Annual Growth

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

The global footwear industry could attain a value of $1.7 trillion by the end of 2030, according to a report released by Transparency Market Research. The market intelligence company predicted the footwear market will expand at a compound annual growth rate (CAGR) of about 8 percent over the next decade. The firm highlighted sports shoes…

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