Vietnam

The Vietnam footwear market reached 123.3 million units in 2022 and is expected to grow to 165.5 million units by 2028, at an estimated CAGR of 5.4% during the forecast period of 2023-2028. In terms of revenue, the market was valued at USD 2.2 billion in 2022 and is expected to reach USD 3.9 billion by 2028, growing at a CAGR of 10.0%.