Non-athletic products are estimated to account for the largest revenue share of the market by 2025 due to availability of a variety of products in this segment, such as printed shoes and brogues. From May 2016 to May 2017, Adidas nearly doubled its share of the US athletic footwear market. Global market report covers extensive analysis of emerging trends and competitive landscape. Middle East has a greater potential for athletic footwears and players are penetrating into the region with various products and different distribution channels.Athletic CO. is one of the popular companies operating in the Middle Eastern countries. Increasing urge of maintaining health amid consumers is also coupled with fascination toward premium and customized shoes. Europe is expected to follow the North America in terms of market share owing to the increase in technological advancement in the athletic footwear. Footwear market worldwide is projected to grow by US$61. 3.1 Major players Market share by production. Footwear market size was valued at $365.5 billion in 2020, and is estimated to reach $530.3 billion by 2027 with a CAGR of 5.5%. Global market report helps to identify opportunities in market place. Copyright © 2020 MarketWatch, Inc. All rights reserved. raw material and equipment suppliers, various manufacturing associated costs (material cost, labour cost, etc.) Market Opportunity2.7. This graph shows the market share of browsers worldwide based on over 10 billion monthly page views. Global Football Athletic Footwear Market Report 2020 is spread across 124 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector. The market is expected to grow annually by 5.4% (CAGR 2020-2025). Market Introduction2.2. Furthermore, the report points out major challenges and the latest growth plans embraced by key manufacturers that constitute the competitive spectrum of this business domain. Based upon product type, athletic footwear market is segmented into Aerobics/Gym Shoes, Hiking and Trekking Boots and Shoes, Specialty Shoes, Running and Walking Shoes, and Others. According to IMARC Group, the global footwear market is expected to reach a value of US$ 269.2 Billion by 2025, registering a CAGR of 2.4% during 2020-2025. The global athletic footwear market is projected to grow at a CAGR of 7.15% during the forecast period. We have a delivery center in Pune, India and our sales office is in London. The increasing awareness towards the importance of fitness and the increasing involvement of countries in sports and games are also driving the market. MarketExpertz offers wide collection of premium market research reports. “The changing proactive lifestyle has taken a center stage in the athletic footwear products and the gen Z’s demand for styled footwear craftmanship is propelling the growth of the retail economy.” 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. Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center. The global athletic footwear industry is segmented by product type into running shoes, aerobic/gym wear shoes, sports shoes, trekking/hiking shoes and other product types. Data Triangulation1.6. Increasing sports activities coupled with technological advancement is the key factor which helps Athletic Footwear Market to grow. Market Attractiveness Analysis, 3. This is escalating the revenues generated from the product category and is further expected to elevate the customer’s trust and loyalty.The brands for running shoes operating in the global market are competing with other brands because of their ability to connect with their consumers, through the use of influential admirable figure heads and an extremely effective distribution network. The manufacturing of these footwear require different raw material to provide required support and comfort. Global Athletic Footwear Market Classification2.4. The increasing concerns towards health and fitness among the population is the major driver in the market. Report Description, 2. However, Increase in raw material prices coupled with environmental concern is expected to impede the growth of athletic footwear market. Figure Athletic Footwear Market Share in 2025, by Application, in USD Million Table Athletic Footwear Demand Forecast 2020-2025, by Application, in Volume Table Athletic Footwear Market Growth 2020-2025, by Application, in Volume. In addition, some companies offer customized footwear to meet the increasing consumer demand, which is likely to support segment growth. Global Athletic Footwear industry is segmented by Product type into Running Shoes, Aerobic/Gym Wear Shoes, Sports Shoes, Trekking/Hiking Shoes and Other Product Types; by Distribution Channel into Shoe Stores, Sports and Athletic Goods Stores, Supermarket/Hypermarket, E-commerce and Other Distribution Channels; by End User into Men, Women and Children. Chapter 12, Sports Footwear Online Retailing market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025. All Rights Reserved to Mordor Intelligence. Global market report covers in depth historical and forecast analysis. These issues are leading to declining sales of the key activewear market players, negatively affecting market share. Market Drivers2.5. We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. Market Size Estimates1.5. The process is analysed thoroughly with respect three points, viz. The customers in middle east are ready to pay premium prices for goods, the factor they look for is quality and durability. Chapter – Report Methodology1.1. Reading Support Revenue in the Athletic Footwear segment is projected to reach US$51,387m in 2020. The report also includes a discussion of the key vendors operating in this market. 2%. 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. © 2020. Executive Summary2.3. Portland, OR, Dec. 01, 2020 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global athletic footwear market … South Africa is the leader in the market holding more than 15% of the market, followed by Saudi Arabia. Footwear Market - by Product (Athletic and Non-Athletic), by Material (Rubber, Leather and Plastic), by End User (Men, Women and Kids), and by Distribution Channel (Online Channel, Supermarkets and Hypermarkets, Independent Retail Stores, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026 Athletic Footwear Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. Is there a problem with this press release? Chapter 3 World Athletic Footwear Market share. 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. How much will you get with new stimulus checks and additional federal unemployment benefits. For instance, In January 2018, Nike identified counterfeit activewear products worth more than $ 50,000 at Dulles International Airport in Virginia. The "Global Athletic Footwear Market - Growth, Trends and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering. The athletic footwear market is also affected by the innovations made by the market players in the product development, for instance smart footwear that calculates the calories burnt. On the basis of consumer, the market is segmented into Kids, men and women. Major players Revenue in 2020. The global athletic footwear market is projected to grow at a CAGR of 7.15% during the forecast period. Research Process1.2. Increase in sports activities has increased the demand for athletic footwear market over the forecast period. For each manufacturer covered, this report analyzes their Football Athletic Footwear manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market. Primary Research1.3. The MarketWatch News Department was not involved in the creation of this content. Asia Pacific is expected to develop significantly over the forecast period owing to the presence of developing economies such as India, China and others. Furthermore, increase in awareness among people about athletic footwear coupled with increase in advanced and innovation footwear. 6 Billion, driven by a compounded growth of 2. The athletic footwear market is also affected by the innovations made by the market players in the product development, for instance smart footwear that calculates the calories burnt. The athletic footwear market incorporates sportswear, trekking shoes, aerobics shoes, walking shoes, and running shoes. Sports Footwear Market 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Casual, one of the segments analyzed and sized in … 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. 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. 4.3 Industry Attractiveness - Porter's Five Force Analysis, 7. Porter's Five Forces Analysis2.9. Athletic Footwear Market: Trends2.8. Athletic Footwear Market unveils a succinct analysis of the market size, regional spectrum and revenue forecast about the Athletic Footwear Market. Chapter - Global Athletic Footwear Market Analysis: Segmentation By Application, Full Research Report @ https://brandessenceresearch.com/consumer-goods/athletic-footwear-market-by. Athletic Footwear Market 2020 Industry Analysis, Global Trends, Market Size, Share, and Growth Opportunities Forecast to 2025 The consumers in the global market are unwillingly getting adapted to a very sedentary lifestyle, which has recently alarmed the need for getting involved in activities, like running and walking, which help them manage health. Athletic Footwear Market size was USD 80 billion in 2015 and is forecast to grow at approximately 3% CAGR from 2016 to 2023. Should you be worried about new COVID-19 strain? “Increasing Participation in Physical Activities and Sports to Bode Well for the Market” Increasing chronic diseases due to lack of exercise and the growing health-conscious population, especially in urban regions, is driving the global market. 3.2 Major players Market share by Revenue. Athletic Footwear Market report is segmented on product type, consumer type, distribution channel and by regional & country level. Market Restraints2.6. Click here. 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. The other types include typical sneakers, cycling shoes etc. North America accounts for the largest market share of around 30% in the global athletic footwear market. Press Release Global Basketball Athletic Footwear Market Size 2020 Industry Share, Business Strategies, Growth Analysis, Regional Demand, … Reading Support The Athletic Footwear segment is expected to show a revenue growth of 9.2% in 2021. Here’s what to know, McConnell says coronavirus-aid deal done, but no votes until Monday, Dow futures see muted gains Sunday night as Congress strikes last-ditch, $900 billion coronavirus-aid pact, How the pandemic has disproportionately affected women's finances. 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), 1. There is change in fashion trends due to which athletic footwear are used as fashion footwear or casual footwear. Rising focus on the gym and sports infrastructure in various emerging countries is likely to increase the demand for sports footwear products. The global athletic footwear market is affected by various changing trends in various regions. Athletic Footwear Market is anticipated to reach USD XX.X MN by 2026, this market report provides the trends, key players, growth & forecast of the market based on in-depth research by industry experts. Athletic footwear is specially designed to provide required comfort and grip during sports activities. Report scope can be customized per your requirements. USP's of Report1.8. 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. Based upon distribution channel, athletic footwear market is classified into Online Retail, Specialty Stores, Sports Stores, Departmental Stores, Hypermarkets & Supermarkets, and Others. The athletic footwear market is also affected by the innovations made by the market players in the product development, for instance smart footwear that calculates the calories burnt. Athletic footwear refers to those shoes that are designed for sports and other outdoor activities. Get Sample of This Report@ https://brandessenceresearch.com/requestSample/PostId/449, *The sample pages of this report is immediately accessible on-demand.**. Secondary Research1.4. Global Athletic Footwear Market (2020 to 2025) - Featuring Adidas, Nike, Under Armour & Puma Among Others - ResearchAndMarkets.com April 16, 2020 06:31 AM Eastern Daylight Time 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. United States: Revenue in the Athletic Footwear segment is projected to reach US$14,106m in 2020. 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. By distribution channel the market is fragmented into shoe stores, sports and athletic goods stores, supermarket/hypermarket, e-commerce, and other distribution channels, which include warehouse clubs, flagship stores. Athletic Footwear Market - Growth, Trends and Forecast (2020 - 2025). 2.2 World Athletic Footwear Market by types. This is the major reason for the growing popularity of running shoes amid consumers in the market. The global market size, share along with dynamics are covered in the athletic footwear market report Stronger distribution channels is also a factor that drives the growth of the market. and the actual process. According to the Sports Club Survey (Sport and Recreation Alliance, U.K.), the average number of junior participating members p… ltd. Brandessence market research publishes market research reports & business insights produced by highly qualified and experienced industry analysts. Chapter - Global Athletic Footwear Market Analysis: Segmentation By Type, 5. Contact us at: +44-2038074155 or mail us at sales@brandessenceresearch.com, Website: https://brandessenceresearch.com/, COMTEX_372383122/2582/2020-10-06T09:01:30. Chapter - Global Athletic Footwear Market Overview: Qualitative Analysis2.1. North America is the highest revenue generating region in the market followed by Europe. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students. The increasing involvement of countries in sports and games are also driving the market a! Environmental concern is expected to develop moderately over the coming years doubled its share of around 30 in! Importance of fitness and the increasing involvement of countries in sports activities helps... 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