Athletic Footwear Market Size
The Athletic Footwear market size was valued at $110.83 billion in 2023 and is projected to reach $151.96 billion by 2029, growing at a CAGR of 5.4% during the forecast period.
Athletic Footwear Market Overview
Athletic footwear, also known as sports shoes or trainers, refers to footwear specifically designed and engineered for various athletic activities, sports, and physical exercises. These shoes are designed to provide comfort, support, stability, and performance enhancement during sporting activities, helping to reduce the risk of injury and enhance athletic performance. Athletic footwear comes in a wide range of styles and designs tailored to specific sports and activities, including running, walking, basketball, tennis, soccer, cross-training, and hiking, among others. These shoes typically feature specialized features such as cushioned midsoles for shock absorption, supportive outsoles for traction and stability, breathable uppers for ventilation, and reinforced toe caps for durability and protection. Additionally, athletic footwear may incorporate technologies such as air cushioning, gel padding, or motion control systems to address specific biomechanical needs and enhance comfort and performance. With the constant evolution of materials, construction techniques, and design innovations, athletic footwear continues to advance to meet the demands of athletes and fitness enthusiasts worldwide, offering a wide range of options to suit different foot types, preferences, and performance requirements. Overall, athletic footwear plays a vital role in supporting and enhancing the performance of athletes across various sports and activities, helping them to achieve their fitness and performance goals while minimizing the risk of injury.
Athletic Footwear Market Dynamics
The market dynamics analyzed in this market research report encapsulate a multifaceted interplay of drivers and constraints that significantly shape the landscape of the Athletic Footwear Market. The comprehensive analysis of both drivers and constraints enables a nuanced understanding of the market's dynamics, empowering businesses and stakeholders to make informed decisions in navigating the complexities of the market.
Athletic Footwear Market Scope
The report “Global Athletic Footwear Market: Industry Analysis, Opportunities and Forecast up to 2029” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2021, 2022 and offers revenue estimations for 2023, and project forecasts spanning from 2024 to 2029. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.
The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:
Global Athletic Footwear Market by, Product Type
· Walking Shoes
· Training Shoes
· Running Shoes
· Other Product Types
Global Athletic Footwear Market by, End User
· Men
· Women
· Kids
Global Athletic Footwear Market by, Geography
· North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis.
· Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
· Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
· South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
· Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis.
Key Players Profiled in this Research Report include:
· ASICS Corporation
· Adidas AG
· Under Armour, Inc.
· Skechers U.S.A., Inc.
· Reebok International Ltd.
· Puma SE
· Nike, Inc.
· New Balance Athletics, Inc.
· Li-Ning Company Limited
· K-Swiss Inc.
· VF Corporation
What can be explored with this research report?
· Understand global Athletic Footwear Market analysis, trends, and forecast to 2029.
· Understand analysis of the Athletic Footwear Market structure by identifying various segments and sub-segments of the market.
· Understand revenue forecast and strategic analysis concerning industry trends and contribution to the overall Athletic Footwear Market.
· Understand the revenue forecast of the Athletic Footwear Market for North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
· Identification of major market trends, and factors driving, restraining, threatening, and providing opportunities for the Athletic Footwear Market growth.
· Analyzing opportunities by identification of high-growth segments/revenue pockets in the Athletic Footwear Market.
· Understand major player profiles in the Athletic Footwear Market and analyze their business strategies.
· Understand competitive developments such as joint ventures, alliances, mergers and acquisitions, and new product launches in the Athletic Footwear Market.
Table Of Content
1 Market Introduction
1.1 Market Definition
1.2 Research Scope and Segmentation
1.3 Stakeholders
1.4 List of Abbreviations
2 Executive Summary
3 Research Methodology
3.1 Identification of Data
3.2 Evaluation of Market Dynamics
3.3 Collaboration of Data
3.4 Verification and Analysis
3.5 Research Approach
3.6 Data Sources and Assumptions
4 Market Dynamics
4.1 Market Drivers
4.2 Market Restraints
4.3 Market Opportunities
4.4 Market Challenges
4.5 Impact of COVID-19 on the Athletic Footwear Market
5 Porter's Five Force Analysis
5.1 Bargaining Power of Suppliers
5.2 Bargaining Power of Buyers
5.3 Threat of New Entrants
5.4 Threat of Substitutes
5.5 Competitive Rivalry in the Market
6 Global Athletic Footwear Market by, Product Type
6.1 Overview
6.2 Walking Shoes
6.3 Training Shoes
6.4 Running Shoes
6.5 Other Product Types
7 Global Athletic Footwear Market by, End User
7.1 Overview
7.2 Men
7.3 Women
7.4 Kids
8 Global Athletic Footwear Market by, Geography
8.1 Overview
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 France
8.3.3 UK
8.3.4 Italy
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 South Korea
8.4.5 Australia
8.4.6 New Zealand
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Brazil
8.5.2 Argentina
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 UAE
8.6.2 Saudi Arabia
8.6.3 Qatar
8.6.4 Iran
8.6.5 South Africa
8.6.6 Rest of Middle East & Africa
9 Key Developments
10 Company Profiling
10.1 ASICS Corporation
10.1.1 Business Overview
10.1.2 Product/Service Offering
10.1.3 Financial Overview
10.1.4 SWOT Analysis
10.1.5 Key Activities
10.2 Adidas AG
10.3 Under Armour, Inc.
10.4 Skechers U.S.A., Inc.
10.5 Reebok International Ltd.
10.6 Puma SE
10.7 Nike, Inc.
10.8 New Balance Athletics, Inc.
10.9 Li-Ning Company Limited
10.10 K-Swiss Inc.
10.11 VF Corporation
Report Details
SKU Code | : DI1815 |
Industry | : Consumer Goods and Services |
Region | : Global |
Tables | : 54 |
Format | : Electronic PDF |
Published | : 2023 |
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