Athletic Footwear Market is expected to grow at a CAGR of 7.11% throughout the forecast period, to reach US$ 103.09 Bn by 2029.
Athletic Footwear Market Overview:
An extensive analysis of the Athletic Footwear Market by component, application, industry, and geography is what this study aims to do. The paper includes thorough details on the key elements impacting the development of the Athletic Footwear industry. The value chain of the market is also thoroughly examined in the study.
Athletic Footwear Market Scope:
The first step in the research process used to evaluate and forecast the Athletic Footwear market is to collect revenue information from important suppliers utilizing secondary research sources. Vendor offerings are taken into account while developing market segmentation. The income of significant firms was used to estimate the size of the overall Athletic Footwear market using the bottom-up approach.
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Athletic Footwear Market Dynamics:
Market Drivers
People are also slowly realizing how important it is to wear the proper shoes when participating in sports in order to prevent back discomfort, leg injuries, and muscular injuries. As a result, it is predicted that over the projection period, there will be a significant increase in the demand for sports shoes. Major market competitors including Nike, Inc., Adidas AG, Skechers USA, Inc., and New Balance Athletics, Inc. are concentrating on cutting-edge creative technologies to improve the stability and comfort of sports shoes. For instance, Adidas AG recently introduced Forged Mesh, a single layer, ribbed-pattern shoe upper created by ARAMIS motion capture technology to define the strain placed on the foot.
Athletic Footwear Market Segmentation:
by Category
Running Shoes
Sports Shoes
Aerobic Shoes
Walking Shoes
Trekking Shoes
by End-User
Men
Women
Children
by Distribution Channel
Specialty Stores
Supermarket/Hypermarket
Online Retail Stores
Other Distribution Channels
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Athletic Footwear Market Key Players: The key players are
1. Adidas AG
2. ASICS Corporation.
3. Fila Inc.
4. Lotto Sport Italia S.p.A.
5. New Balance Athletics, Inc.
6. Vans, Inc.
7. Nike, Inc.
8. Puma SE
9. Reebok International Ltd.
10. Saucony, LLC
11. Skechers USA, Inc.
12. Woodland Worldwide.
13. Under Aemour, Inc.
14. Crocs, Inc.
15. Wolverine World Wide, Inc.
16. Geox SpA
17. K- Swiss
18. New Balance
19. ECCO Sko A/S
20. Timberland
21. Deichmann SE
22. BATA
23. Jack Wolfskin
24. The Aldo Group
25. Polartec
26. Columbia Sportswear
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Athletic Footwear Market Regional Analysis:
Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.
COVID-19 Impact Analysis on Athletic Footwear Market: The report also includes the detailed impact of COVID-19 on the Athletic Footwear market.
Key Questions Answered in the Athletic Footwear Market Report are:
- Which segment had the largest share in the Athletic Footwear market?
- How is the competitive scenario of the Athletic Footwear market in 2022?
- Which are the key drivers impacting the Athletic Footwear market growth?
- Which region holds the maximum share in the Athletic Footwear market?
- What will be the CAGR of the Athletic Footwear market during the forecast period (2023-2029)?
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