LONDON--(BUSINESS WIRE)--According to the latest market study released by Technavio, the global turf shoes market is expected to grow at a CAGR of almost 5% during the predicted period.
This research report titled ‘Global Turf Shoes Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.
The global turf shoes market includes football turf shoes, rugby turf shoes, baseball turf shoes, field hockey turf shoes, and cricket turf shoes. The market is expected to grow during the forecast period due to technological advancements, innovations in materials used, increased awareness of the importance of maintaining health and fitness, and multiple promotional strategies used by the manufacturers of turf shoes. Customization, increased focus on the design of turf shoes, and progressive manufacturing will contribute to the growth of the market in the near future.
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Technavio’s analysts categorize the global turf shoes market into five major segments by product. They are:
- Football turf shoes
- Rugby turf shoes
- Baseball turf shoes
- Field hockey turf shoes
- Cricket turf shoes
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The top three product segments of the global turf shoes market are discussed below:
Global football turf shoes market
The rising interest in football is key to the growth of the global football turf shoes market. The high popularity of football tournaments like the FIFA World Cup, the English Premier League (EPL), and the UEFA European Championship is indicative of the high growth potential of the market. The increasing demand for eco-friendly football turf shoes will most likely aid in the growth of the market significantly during the forecast period.
According to Shikha Kaushik, a lead outdoor gear research analyst from Technavio, “Football boots form an integral part of the game. In fact, football turf shoes are highly instrumental in determining and enhancing a player's speed, power, touch, and control over the game. Manufacturers focus on technological investments in turf shoes and produce different types of football shoes for every FIFA World Cup series.”
Global rugby turf shoes market
Rugby is a popular sport in Australia, New Zealand, the UK, France, Fiji, Japan, South Africa, Argentina, the US, and Canada. The increasing popularity of rugby across the globe and the inclusion of rugby in the 2016 Olympics are the key growth drivers of the global rugby turf shoes market. The introduction of multiple rugby tournaments and matches across the globe is yet another promising factor that will impact the growth of the market positively over the next five years.
“Players who play in the forward position use shoes with longer studs as compared to players who are positioned at the back and the center of a sporting ground. The longer studs provide the players a firm footing on the ground. Back- and center players wear rugby turf shoes with shorter studs as short studs contribute toward greater turning abilities in tight spaces,” says Shikha.
Global baseball turf shoes market
Baseball is a popular sport in the US, Japan, Canada, South Korea, Taiwan, and Latin America. It is the national sport of the US. The popularity of the sport is increasing in other parts of the globe as well. The increased participation in baseball by virtue of programs organized by the Major League Baseball (MLB) aids in increasing the sales of baseball turf shoes.
The global baseball turf shoes market is the slowest-growing segment of the overall baseball market as the game is casually played without using baseball shoes. Many players, who play the game to pass the time, stick to bat, ball, and gloves, leaving the shoe segment as a secondary choice.
The top vendors highlighted by Technavio’s research analysts in this report are:
- Adidas
- Kering
- Nike
- New Balance
- Under Armour
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