The universal Athletic Footwear Market report lends a hand with businesses to thrive in the market by providing them with an array of insights about the market and the Athletic Footwear Market industry. Inputs from various industry experts, essential for the detailed market analysis, have been used very carefully to generate this finest market research report. The market report also covers strategic profiling of the major players in the market, all-inclusive analysis of their basic competencies, and hence keeps competitive landscape of the market in front of the client. The world class Athletic Footwear Market business report also illustrates the CAGR values for the historic years 2022, the base year 2021 and the forecast for the years 2023-2030.
An international Athletic Footwear Market report identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the market for Athletic Footwear Market industry. For a thriving business, it is quite essential to get knowhow of consumer’s demands, preferences, attitudes and their changing tastes about the specific product and this report is right there to solve this purpose. Furthermore, businesses can utilize the information included in this report to decide on their production and marketing strategies. A dependable Athletic Footwear Marketing report is structured with the vigilant efforts of innovative, enthusiastic, knowledgeable and experienced team of analysts, researchers, industry experts, and forecasters.
Athletic footwear are those shoes which are specially designed for sports and other outdoor activities. It has become popular as casual footwear. Athletic shoes are used as sneakers, running shoes, sports shoes, and gym shoes. According to the recent research, athletic footwear is highly concentrating on the developments and enhancements of footwear. Consumers are progressively using the perfect type of shoes for sports activities to prevent hip pain, knee pain, leg injuries, muscle injuries and back pain.
Data Bridge Market Research analyses that the athletic footwear market was valued at USD 146.90 billion in 2022 and is expected to reach USD 462.04 billion by 2030, registering a CAGR of 15.40% during the forecast period of 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
Explore Further Details about This Research Athletic Footwear Market Report https://www.databridgemarketresearch.com/reports/global-athletic-footwear-market
| REPORT METRIC | DETAILS |
| Forecast Period | 2023 to 2030 |
| Base Year | 2022 |
| Historic Years | 2021 (Customizable to 2015 - 2020) |
| Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
| Segments Covered | Product Type (Running Shoes, Sports Shoes, Aerobic Shoes, Walking Shoes, Trekking and Hiking Shoes, Insert, Sports Shoes, Backpacking Shoes), Price-Based (Premium, Mid, Economy), End-User (Men, Women, Kids), Distribution Channel (Sports and Athletic Goods Stores, Supermarkets/Hypermarkets, Online Retail Stores, and Other Distribution Channels |
| Countries Covered | U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
| Market Players Covered | Nike, Inc.(U.S.), Puma SE (Germany), Adidas AG (Germany), Bata Brand (India), Honeywell International Inc. (U.S.), New Balance (U.K.), Rahman Group (India), COFRA Holding (Switzerland), ELTEN GmbH (Germany), Uvex group (Germany), Rock Fall Ltd. (U.K.), Oftenrich Holdings Co. Ltd. (U.S.), Wolverine World Wide Inc. (U.S.), Hewat's Edinburgh (U.K.), W. L. Gore & Associates, Inc. (U.S.), Sunflower Industrial Group Co.,Ltd (China), HILLSON FOOTWEAR PVT. LTD (India) |
| Market Opportunities |
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Market Definition
Athletic footwear is a general term used for shoesused for shoes designed to be worn while participating in sports activities. Athletic shoes are mainly intended for usage in active sports or other physical activities. These shoes are crucial for athletes because they give road traction, torsional stability, flexibility, stability or motion control and other advantages.
Athletic Footwear Market Dynamics
Drivers
- Rising demand for running shoes
The increasing demand for running shoes is expected to drive the market growth rate. Increasing demand for running shoes for daily usage and the availability of these shoes in an extensive range of costs ranging from reasonable athletic shoes to extremely luxurious ones will boost the market growth. Running shoes include shoes required for advanced running, road running, training, track running, trail running and racing.
- Increasing technological advancement for the introduction of more comfort and flexibility hikers
Increasing technological advancements which have ensured more flexibility and comfort for hikers is expected to drive the growth of the market. For instance, W.L. Gore & Associates, Inc. has introduced the primary version of surround technology in the market. The technology features GORE-TEX laminates that are integrated into the shoe upper of hiking and trekking shoes to cover the foot from all sides and expel the heat and sweat out of the shoes through side ventilation.
Opportunities
- Increasing Sports Participation and Influence of Athleisure
Consumers progressively choose designer athletic shoes that integrate components of sports design in accordance with the athleisure trend. Moreover, the global demand for cycling and running footwear is compelled by the continuous consumer shift toward more active lifestyles. With the increase in popularity of fitness and sports activities, such as jogging, aerobics, swimming and yoga will create many opportunities for the market players in the global athletic footwear market, Furthermore, number of women are now participating in sports and fitness activities which increase the demand for the attractive and comfortable sports footwear. So the Consumers, mainly women, are buying more athletic footwear as a result of this factor. Furthermore, athleisure has become progressively widespread, influencing millennial parents' sports footwear choices. Also, athletic footwear is famous among all age groups such as baby boomers, Generation Z, Generation X, and millennials because they are also participating in sports activities.
Restraints/ Challenges
Report Investment: Know the Pros
- Besides assessing real time developments and triggers, this section of the report also presents notable past highlights that accelerated growth in this Athletic Footwear Market
- A well scouted presentation of all the crucial segments that collectively harness maximum profit building in global Athletic Footwear Market
- A detailed account of crucial Athletic Footwear Market developments, potential investment bays as well as evaluation of successful business decisions that guide profitable business outcome
- A clear depiction of Athletic Footwear Market specific dynamics, competitor analysis as well as gauging competition intensity
Why choose Data Bridge Market Research?
- Modern technologies, such as artificial intelligence, to provide updated industry growth.
- DBMR team provides clients with the top notch Athletic Footwear Market research report.
- Interaction with research scientists and development heads to understand the nature of the Athletic Footwear Market more precisely.
- 24/7 availability of services.
- Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.
DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Athletic Footwear Market size
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