In Year 10, unit sales of branded footwear in North America and Europe-Africa were about 50% larger than
the unit volumes in the Latin America and Asia-Pacific regions, but the higher annual growth rates in the
two lower-volume regions will result in almost equal market sizes in all four regions by Year 20. Assuming
that market growth falls close to the midpoint of the indicated ranges in growth rates, unit sales per
company should be in the vicinity of 5,650,000 pairs in Year 11 and 6,100,000 pairs in Year 12. Unit
volume forecasts for Years 11-14 for the four geographic regions (based on growth rates at the midpoint of
the forecasted ranges) are shown below: