Global Athletic Footwear Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global athletic footwear market in its upcoming report titled, “Global Athletic Footwear Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global athletic footwear market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global athletic footwear market report has been segmented on the basis of product type, end-user, distribution channel, and region.

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analysed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Athletic footwear is type of shoes that are intended for physical activities and sports. Athletic footwear is made from flexible materials like leather, rubber and various other synthetic forms of materials. Inside footwear cushioning is provided using ethylene-vinyl acetate (EVA) and polyurethane material. Athletic footwear is called by different names in different counties such as sneakers in US, trainers in UK etc.   Availability of athletic footwear in different shapes, sizes, colours and price range making it more popular among young population.

Growing health awareness and safety consciousness are major factors driving growth of the global athletic footwear market. Currently, there is a trend for fitness and physical activities among individuals encouraging them for regular exercises resulting into increasing demand for athletic footwear. Rising awareness among people about benefits of sports and exercises is expected to fuel growth of the target market in the near future. Rising demand for sports shoes among individuals, to avoid injury during exercise. Changing lifestyle and its effects such as diabetes, high blood pressure, depression are also making people more focused towards daily exercises like yoga, jogging and gym.

However, rising cost of raw materials and environmental concerns regarding use of synthetic rubber in athletic footwear production are factors expected to hamper growth of the global athletic footwear market.

Development of cost-effective athletic footwear and use of 3D printing technology for manufacturing can create high revenue opportunities for target players in the market.

The market in North America accounts for largest market share in terms of revenue and is expected to maintain its dominance over the forecast period, owing to rising health awareness among people. The market in Asia Pacific is expected to account for second-highest share in the market in terms of revenue over the forecast period, owing to rising fitness trends and increasing preference for healthy lifestyle in the region.

Global Athletic Footwear Market Segmentation:

Segmentation by product type:

• Aerobic & gym wear shoes
• Trekking & hiking shoes
• Running & walking shoes
• Sports shoes
  • Tennis Shoes
  • Soccer Shoes
  • Basketball Shoes
  • Cricket Shoes
  • Others

Segmentation by end-user:

• Men
• Women
• Kids

Segmentation by distribution Channel:

• Shoe Stores
• Sports and athletic good stores
• Specialty Apparels Stores
• Online Stores

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa