Press release
Athletic Footwear Market Will Exceed US$ 165.0 billion by 2030, with a projected CAGR of 4.2% from 2021 to 2030
The global athletic footwear market was valued at $109.7 billion in 2020, and is projected to reach $165.0 billion by 2030, growing at a CAGR of 4.2% from 2021 to 2030. The running & walking shoes segment dominated the market in 2020, in terms of revenue.
Get Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/1397
Market Segmentation
The athletic footwear market is segmented on the basis of type, end user, distribution channel, and region. By type, it is categorized into sports shoes, running & walking shoes, hiking & backpacking shoes, and aerobic & gym wear shoes. By end user, it is segmented into men, women, and kids. Region wise it is classified into North America, Europe, Asia-Pacific, and LAMEA.
Market Key Players
The key players operating in the athletic footwear market have adopted product launch, business expansion, and merger & acquisition as its key strategies to expand their market share, increase profitability, and remain competitive in the market. Leading players analyzed in the athletic footwear market analysis includes-Asics Corporation, Adidas AG, Puma, VF Corporation, Nike, Inc., FILA Korea, Ltd., New Balance, Inc., SKECHERS, Inc., K-Swiss, Inc., and Wolverine World Wide, Inc.
Changing paradigm of educational system supports growth of the sports industry and industries dependent on it. In addition, rise in sports education and sports training in academics has significantly increased awareness toward sports and fitness. Thus, many schools/educational institutes offer training to students, providing them an opportunity to compete in various sports competitions. In addition, busy and hectic lifestyle, coupled with growing instances of consumers choosing outdoor activities such as adventure sports to unwind or break monotony of their daily life boosts the athletic footwear market growth. Furthermore, initiatives taken by various governments in countries such asIndia, and Australia to promote sports, health, and fitness have led to increased consciousness about sports and sports-related products such as sport shoes, running &walking shoes, and tracksuits, which, in turn, drives growth of the market.
Polyester, rubber, EVA foam, cotton, synthetic leather, and leather are the six main raw materialsused for manufacturing athletic footwear. There has been a continuous rise in prices of these raw materials in past few years. The prices of raw materials directly affect production cost of the products, thereby leading to increase in the market price of the finished product. This acts as a restraint for the athletic footwear industry.
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Key findings of the study
Asia-Pacific is a lucrative market, in terms of growth, on account of increasing disposable income, rising health awareness, and increasing demand for fashionable athletic footwear.
The men segment is the highest revenue-generating segment in the global athletic footwear market, followed by the women segment.
The soccer shoes segment is expected to be the fastest growing segment of athletic footwear market, followed by basketball shoes segment.
The hypermarkets/super markets segment is the dominating distribution channel worldwide in athletic footwear market.
Procure Complete Report (332 Pages PDF with Insights, Charts, Tables, and Figures) @ https://www.alliedmarketresearch.com/checkout-final/83bfabfea639f8e4b1cfbb9411c8d4a0
Reasons to Buy this Athletic Footwear Market Report:
> Mergers and acquisitions should be well-planned by identifying the best manufacturer.
> Sort new clients or possible partners into the demographic you're looking for.
> Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations.
> Develop tactical initiatives by gaining a better grasp of the areas in which huge corporations can intervene.
> To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects.
> Recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge.
> To develop effective R&D strategies, gather information, analysis, and strategic insight from competitors
Frequently Asked Questions?
Q1. What is the market size of athletic footwear?
Q2. What is the CAGR of athletic footwear market?
Q3. What would be forecast period in the market report?
Q4. What are the segments of athletic footwear market?
Q5. Which are the top companies in the athletic footwear market?
Similar Reports:
Athletic Equipment and Footwear Market https://www.alliedmarketresearch.com/athletic-equipment-and-footwear-market-A11158
Sports Equipment and Apparel Market https://www.alliedmarketresearch.com/sports-equipment-and-apparel-market
Swimwear Market https://www.alliedmarketresearch.com/swimwear-market
Yoga Clothing Market https://www.alliedmarketresearch.com/yoga-clothing-market-A14194
Baseball Shoes Market https://www.alliedmarketresearch.com/baseball-shoes-market-A13695
Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog:
https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry
Get Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/1397
Market Segmentation
The athletic footwear market is segmented on the basis of type, end user, distribution channel, and region. By type, it is categorized into sports shoes, running & walking shoes, hiking & backpacking shoes, and aerobic & gym wear shoes. By end user, it is segmented into men, women, and kids. Region wise it is classified into North America, Europe, Asia-Pacific, and LAMEA.
Market Key Players
The key players operating in the athletic footwear market have adopted product launch, business expansion, and merger & acquisition as its key strategies to expand their market share, increase profitability, and remain competitive in the market. Leading players analyzed in the athletic footwear market analysis includes-Asics Corporation, Adidas AG, Puma, VF Corporation, Nike, Inc., FILA Korea, Ltd., New Balance, Inc., SKECHERS, Inc., K-Swiss, Inc., and Wolverine World Wide, Inc.
Changing paradigm of educational system supports growth of the sports industry and industries dependent on it. In addition, rise in sports education and sports training in academics has significantly increased awareness toward sports and fitness. Thus, many schools/educational institutes offer training to students, providing them an opportunity to compete in various sports competitions. In addition, busy and hectic lifestyle, coupled with growing instances of consumers choosing outdoor activities such as adventure sports to unwind or break monotony of their daily life boosts the athletic footwear market growth. Furthermore, initiatives taken by various governments in countries such asIndia, and Australia to promote sports, health, and fitness have led to increased consciousness about sports and sports-related products such as sport shoes, running &walking shoes, and tracksuits, which, in turn, drives growth of the market.
Polyester, rubber, EVA foam, cotton, synthetic leather, and leather are the six main raw materialsused for manufacturing athletic footwear. There has been a continuous rise in prices of these raw materials in past few years. The prices of raw materials directly affect production cost of the products, thereby leading to increase in the market price of the finished product. This acts as a restraint for the athletic footwear industry.
Inquiry Before Buying @ https://www.alliedmarketresearch.com/purchase-enquiry/1397
Key findings of the study
Asia-Pacific is a lucrative market, in terms of growth, on account of increasing disposable income, rising health awareness, and increasing demand for fashionable athletic footwear.
The men segment is the highest revenue-generating segment in the global athletic footwear market, followed by the women segment.
The soccer shoes segment is expected to be the fastest growing segment of athletic footwear market, followed by basketball shoes segment.
The hypermarkets/super markets segment is the dominating distribution channel worldwide in athletic footwear market.
Procure Complete Report (332 Pages PDF with Insights, Charts, Tables, and Figures) @ https://www.alliedmarketresearch.com/checkout-final/83bfabfea639f8e4b1cfbb9411c8d4a0
Reasons to Buy this Athletic Footwear Market Report:
> Mergers and acquisitions should be well-planned by identifying the best manufacturer.
> Sort new clients or possible partners into the demographic you're looking for.
> Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations.
> Develop tactical initiatives by gaining a better grasp of the areas in which huge corporations can intervene.
> To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects.
> Recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge.
> To develop effective R&D strategies, gather information, analysis, and strategic insight from competitors
Frequently Asked Questions?
Q1. What is the market size of athletic footwear?
Q2. What is the CAGR of athletic footwear market?
Q3. What would be forecast period in the market report?
Q4. What are the segments of athletic footwear market?
Q5. Which are the top companies in the athletic footwear market?
Similar Reports:
Athletic Equipment and Footwear Market https://www.alliedmarketresearch.com/athletic-equipment-and-footwear-market-A11158
Sports Equipment and Apparel Market https://www.alliedmarketresearch.com/sports-equipment-and-apparel-market
Swimwear Market https://www.alliedmarketresearch.com/swimwear-market
Yoga Clothing Market https://www.alliedmarketresearch.com/yoga-clothing-market-A14194
Baseball Shoes Market https://www.alliedmarketresearch.com/baseball-shoes-market-A13695
Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog:
https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry
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