December 8, 2021
First Look: Footwear Market Trends in Canada
The top 10 footwear brands accounted for more than half of total sales and grew by +17%.
Are your sales keeping pace with the rest of the market?
Source: The NPD Group/Retail Tracking Service, YTD October 2021
Sport leisure & lifestyle shoes accounted for 1/3 of total footwear sales and continued to gain share, up +4 pts vs. 2 years ago.
Do you know what other products are driving growth in the Canadian market?
Source: The NPD Group/Retail Tracking Service, YTD October 2021
Performance footwear, dominated by running shoes, was the fastest-growing category, up +19% vs. last year.
Did your sales outperform the market?
Source: The NPD Group/Retail Tracking Service, YTD October 2021
After steep declines in 2020, fashion footwear showed signs of recovery in Canada, growing +12% vs. last year.
Have your categories started to recover?
Source: The NPD Group/Retail Tracking Service, YTD October 2021
How will you stay current and prepare for the opportunities ahead?
Let us help you identify hidden growth opportunities, partner with retailers, and tailor your strategies during recovery and beyond.
FRANK TURCO
Director, Business Development