Athletic Footwear Market 2020 Industry Research, Share, Trend, Global Industry Size, Price, Future Analysis, Regional Outlook to 2025
Athletic
Footwear Market is valued at USD 85.5 Billion in 2018 and expected to reach
USD 98.9 Billion By 2025 with the CAGR of 2.1% over the forecast period.
Market Analysis of Athletic
Footwear-
Athletic footwear is specially designed to provide
required comfort and grip during sports activities. The manufacturing of these
footwear require different raw material to provide required support and
comfort. There is change in fashion trends due to which athletic footwear are
used as fashion footwear or casual footwear. The athletic footwear is made up
of high quality such as foam, leather, and various chemical additives. The
changing needs of consumers have made various changes in the athletic footwear
and these changes will continue in the future as well which will shape up the
athletic footwear market.
Athletic Footwear Market report is segmented on
product type, consumer type, distribution channel and by regional & country
level. Based upon product type, athletic footwear market is segmented into
Aerobics/Gym Shoes, Hiking and Trekking Boots and Shoes, Specialty Shoes,
Running and Walking Shoes, and Others. On the basis of consumer, the market is
segmented into Kids, men and women. Based upon distribution channel, athletic
footwear market is classified into Online Retail, Specialty Stores, Sports
Stores, Departmental Stores, Hypermarkets & Supermarkets, and Others.
The regions covered in this Athletic Footwear market
report are North America, Europe, Asia-Pacific and Rest of the World. On the
basis of country level, market of Athletic Footwear market is sub divided into
U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South
East Asia, GCC, Africa, etc.
Key Players–
Some major key players for Athletic Footwear market
are ASICS Corporation, Fila Inc., Nike Inc., Skechers USA Inc., Reebok
International, Puma SE, New Balance Athletics Inc., Under Armour Inc., Lotto
Sport Italia S.p.A, and Adidas AG among others.
Increasing sports activities coupled
with technological advancement is the key factor which helps Athletic Footwear
Market to grow.
There are various health benefits of sports it not
only keeps the body active but also keeps an individual fit which helps to lead
a healthy life. There has been tremendous increase in the sports activities on
international level which has also increased the awareness among people and
also created lot of interest among the young generation. Increase in sports
activities has increased the demand for athletic footwear market over the
forecast period. Furthermore, increase in awareness among people about athletic
footwear coupled with increase in advanced and innovation footwear. Moreover,
increase in disposable income and e-commerce has boosted the demand for
athletic footwear market. Technological advancement are expected to create
ample opportunities in the athletic footwear market. However, Increase in raw
material prices coupled with environmental concern is expected to impede the
growth of athletic footwear market.
North America is expected to dominate
the Athletic Footwear Market.
North America accounts for the largest market share
of around 30% in the global athletic footwear market. This growth is owing to
the presence of major developed countries such as U.S., Canada and others.
There has been increase in interest in sports activities coupled with increase
in adventure activities are expected to contribute the growth of athletic
footwear market. Europe is expected to follow the North America in terms of
market share owing to the increase in technological advancement in the athletic
footwear. Asia Pacific is expected to develop significantly over the forecast
period owing to the presence of developing economies such as India, China and
others. Due to the increase awareness in sports activities, increase in
e-commerce, coupled with increase in disposable income is expected to support
the growth of athletic footwear market. Middle East, Africa and Latin America
are expected to develop moderately over the forecast period.
Key Benefits for Market Reports –
- Global
market report covers in depth historical and forecast analysis.
- Global
market research report provides detail information about Market
Introduction, Market Summary, Global market Revenue (Revenue USD), Market
Drivers, Market Restraints, Market opportunities, Competitive Analysis,
Regional and Country Level.
- Global
market report helps to identify opportunities in market place.
- Global
market report covers extensive analysis of emerging trends and competitive
landscape.
Market Segmentation –
By Product Type
Aerobics/Gym Shoes
Hiking and Trekking Boots and Shoes
Specialty Shoes
Running and Walking Shoes
Others
By Consumer
Kids
Women
Men
By Distribution Channel
Online Retail
Specialty Stores
Sports Stores
Departmental Stores
Hypermarkets & Supermarkets
Others
By Regional & Country Analysis:
North America
US.
Canada
Europe
UK.
France
Germany
Italy
Asia Pacific
China
Japan
India
Southeast Asia
Latin America
Brazil
Mexico
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
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