Global Derby Shoe Market to Reach USD 5.6 Billion by 2032, Driven by Rising Fashion Trends and Formal Footwear Demand

The global Derby Shoe Market is witnessing steady growth, driven by increasing consumer preference for formal and semi-formal footwear, rising fashion awareness, and the growing influence of premium and designer brands. Valued at USD 3.4 billion in 2023, the market is projected to reach USD 5.6 billion by 2032, growing at a CAGR of 5.3% from 2024 to 2032.

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