The global demand for Athletic Footwear Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020- 2026.
Previously, athletic footwear is generic name of sports shoe and are specially designed to be worn for participating in various sports. Originally, they were sporting apparel but now a days, it can go by the name sport shoe, running shoe, gym shoe, tennis shoes and others. Wearing the appropriate athletic footwear for specific sports or other activities can improve comfort and performance and, most importantly, prevent injuries. Owing to advancements in manufacturing technology and the development of new materials saw the development of a magnificent array of niche sports footwear.
Rising awareness regarding healthy lifestyles and growing sports tournaments across the globe are the key factors driving market growth. Growing retail e-commerce sector worldwide and the rising level of disposable income of consumers are anticipated to drive the market growth. People are also acquiring the importance of using an appropriate type of shoes for sports activities to prevent injuries. As a result, the demand for athletic footwear is expected to register growth over the forecast period. However, environmental issues caused during the disposal of footwear may act as a restraint over the coming years. Apart from this, rising government initiatives for the involvement in sports activities and continuously on-going research and development over the materials and sole may open a new opportunity for the market in upcoming years.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of Athletic Footwear.
The entire Athletic Footwear market has been sub-categorized into product type and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
- Tennis Shoes
- Soccer Shoes
- Basketball Shoes
- Cricket Shoes
By End User
- Running and walking shoes
- Hiking and backpacking shoes
- Aerobic and gym wear shoes
This section covers regional segmentation which accentuates on current and future demand for Athletic Footwear market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Athletic Footwear Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Athletic Footwear market include Nike, Under Armour, Puma SESKECHERS USA, ASICS Corporation, Wolverine World Wide Inc. VF Corporation New Balance FILA. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.