Luxury sneaker industry set to cross $75 billion in 5 years: Check top brands, leading market, customer segments
New Delhi, Oct. 4 -- Luxury sneakers are becoming everyday fashion choices, driving strong growth in the global market. The market was worth $46.2 billion ( Rs.4.45 lakh crore) in 2025.
It is projected to reach $98.7 billion ( Rs.9.5 lakh crore) by 2034, with annual growth averaging 8.8%. At that pace, calculations suggest it could cross $75 billion ( Rs.7.22 lakh crore) by 2031, according to Data Intelo.
Asia Pacific leads the race, accounting for 37.4% of global sales in 2025. Its market was worth around $17.3 billion ( Rs.1.66 lakh crore). The region is also expected to grow fastest, averaging 10.1% annually through 2034.
China drives regional demand, accounting for around 61% of the Asia-Pacific's luxury sneaker purchases. Its expa...
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