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Athletic Footwear Market By Type (Sports Shoes, Running And Walking Shoes, Hiking And Backpacking Shoes, And Aerobic And Gym Wear Shoes), By End-User (Men, Women, and Kids): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026

Industry Insights

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Athletic Footwear industry. The report analyzes and declares the historical and current trends analysis of the Athletic Footwear industry and subsequently recommends the projected trends anticipated to be observed in the Athletic Footwear market during the upcoming years.

The Athletic Footwear market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Athletic Footwear market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Units) and value (USD Million) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Athletic Footwear industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Athletic Footwear industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Athletic Footwear market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Athletic Footwear industry. The Athletic Footwear market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Athletic Footwear sector. Key strategic developments in the Athletic Footwear market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Athletic Footwear market are appropriately highlighted in the report.

Demand for exclusive designs and the increasing popularity of athletics among the millennium population are expected to drive the market demand worldwide. Consumers are increasingly spending on branded athletic shoes as they view it as a good investment. Major shoe companies are investing their resources in designing technologically advanced, highly luxurious, and celebrity-backed products. Athletic shoes with comfortable fabric, stylish design, and durable color are more popular among potential consumers.

The industry is witnessing a major shift towards online product distribution through company-owned as well as third party e-commerce platforms. For instance, the recent stats reveal that 25% of shoes sold in the U.S. came from various online retailers. Additionally, celebrity collaboration for marketing and promotion of the shoe brands is the key trend in the industry. From the very beginning, the shoe business is traditionally dependent upon athletes for promotion and consumer awareness.

By type, the global athletic footwear industry is categorized as sports shoes, running and walking shoes, hiking and backpacking shoes, and aerobic and gym wear shoes. By the end-user, the global athletic footwear industry is categorized as men, women, and kids.

Some of the essential players operating in the athletic footwear market, but not restricted to include Nike, Inc., Adidas AG, New Balance, Inc., Skechers Inc., Asics Corporation, Puma SE, Under Armor, and other several players.

logoThe taxonomy of the Athletic Footwear industry by its scope and segmentation is as follows:

logo By Type Segmentation Analysis

  • Sports shoes
  • Running and walking shoes
  • Hiking and backpacking shoes
  • Aerobic and gym wear shoes

logo By End-User Segmentation Analysis

  • Men
  • Women
  • Kids

logo Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Covid-19

Athletic Footwear Market

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

logoKey Insights from Primary Research

  • As per the finding through primary interviews with industry experts, the market for athletic footwear is driven by the improving lifestyles and growing number of brands in the marketplace
  • Online purchasing is very popular among millennium population
  • Majority of the primary respondents rates promotional discounts as the key factor for large product sale through online channel
  • Diverse product portfolio is used to target potential buyers
  • Increasing sport events and sport clubs across developing regions are estimated as potential market opportunities in the near future

logoKey Recommendations from Analysts

  • Our research analyst suggests the Asia Pacific as the key region for future investments owing to low production cost, easy availability of raw materials, and affordable labor cost
  • China is viewed as a key production hub and also offers enhanced production capacity.
  • End-user in developing countries prefer cost-effective and quality products. However, potential end-user in the developed countries are preferring premium and branded products
  • Organized offline retailers and an increasing number of new entrants in the e-commerce sector are estimated to propel the market revenue during the forecast period
  • Government trade regulations, environment policies, and cultural differences are the major macroeconomic factors expected to affect the industry performance

logoMarket Snapshot

logoAthletic Footwear Market

Covid-19

Athletic Footwear Market

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Major Market Players

  •  Nike Inc.
  •  Adidas AG
  •  New Balance Inc.
  •  Skechers Inc.
  •  Asics Corporation
  •  Puma SE
  •  Under Armor
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