Global Athletic Footwear Market Report 2023: Sector is Expected to Reach $179.19 Billion by 2028 at a CAGR of 5.04% - ResearchAndMarkets.com

DUBLIN--()--The "Global Athletic Footwear Market Overview, 2023-28" report has been added to ResearchAndMarkets.com's offering.

According to this report the market is anticipated to reach USD 179.19 Billion by 2028 with a significant CAGR of 5.04% from USD 134.16 Billion in 2022.

Companies Profiled

  • Asics Corporation
  • Nike, Inc
  • Addidas
  • Under Armour, Inc.
  • Puma
  • New Balance
  • Skechers Inc.
  • Fila Holding Corporation
  • Brooks Sports, Inc.,
  • Amer Sports

Based on product type, the market is bifurcated into running shoes, training and walking shoes, sports shoes, aerobic and gym wear shoes, trekking and hiking shoes, and others (cross-training shoes, walking shoes, dance shoes, etc.). In 2022, the segment that had the biggest share was running, training, and walking shoes, with 56.82 percent. Running, training, and walking are popular activities across the world, with many people engaging in these activities for fitness and health.

The market can be divided into tennis shoes, soccer shoes, basketball shoes, cricket shoes, and others. Soccer shoes were the market leader in 2022, accounting for more than 58% of all sales. Soccer is the most popular sport in the world, with millions of fans and players across the globe.

As a result, the demand for soccer shoes is high. In terms of end-user, men will be the largest end-user segment in 2022. Men are often encouraged to be physically active and participate in sports from a young age around the world. This cultural norm drives men's demand for athletic footwear.

Furthermore, many women are becoming more health-conscious and making regular exercise a priority in their daily lives. As a result, there is a greater demand for athletic footwear that is comfortable, supportive, and appropriate for a variety of workouts. Furthermore, as childhood obesity rates rise and parents become more aware of the importance of physical activity, they encourage their children to participate in sports and outdoor activities. This has resulted in an increase in the demand for athletic footwear for children.

The athletic footwear market is a highly competitive, dynamic, and ever-changing industry. There are several major events and shows around the world that showcase the most recent trends, products, and technologies in the athletic footwear market.

Some of the most popular events and shows for the athletic footwear market include The Running Event is an annual trade show that brings together industry leaders, retailers, and buyers from around the world to showcase the latest innovations and products in the running and athletic footwear industries. Furthermore, ISPO Munich is the world's largest sports trade show and attracts thousands of exhibitors and visitors from all over the world. The event showcases the latest trends, products, and technologies in the athletic footwear market.

Moreover, Outdoor Retailer is a biannual trade show that focuses on outdoor sports and activities, including hiking, running, and camping. The event is a platform for exhibitors to showcase their latest products and innovations in the athletic footwear market. Furthermore, Sneaker Con is a popular event that focuses on sneaker culture, including athletic footwear. It attracts thousands of visitors who come to buy, sell, and trade rare and limited edition sneakers.

Start-ups:

  • Allbirds: Allbirds is a footwear startup that creates sustainable and eco-friendly shoes using materials such as merino wool, eucalyptus, and sugarcane. The company has gained a loyal following for its minimalist design and commitment to sustainability.
  • Hoka One One: Hoka One One is a running shoe startup that creates highly cushioned shoes for runners. The shoes are designed to reduce impact on joints and prevent injury.
  • Rothy's: Rothy's is a startup that creates sustainable and eco-friendly shoes using recycled plastic bottles. The company's shoes are popular among runners for their comfort, durability, and sustainability.
  • On Running: On Running is a Swiss startup that creates lightweight and highly cushioned running shoes. The company's shoes are designed to provide a smooth ride and prevent injury.
  • Veja: Veja is a French startup that creates sustainable and eco-friendly sneakers using organic cotton, wild rubber, and recycled materials. The company's shoes are popular among runners for their minimalist design and commitment to sustainability.

Considered in this report

  • Geography: Global
  • Historic year: 2017
  • Base year: 2022
  • Estimated year: 2023
  • Forecast year: 2028

Key Topics Covered:

1. Executive Summary

2. Market Dynamics

2.1. Market Drivers

2.2. Challenges

2.3. Opportunity

2.4. Restraints

2.5. Market Trends

2.6. Covid-19 Effect

2.7. Supply chain Analysis

2.8. Policy & Regulatory Framework

2.9. Industry Experts Views

3. Research Methodology

4. Market Structure

4.1. Market Considerate

4.2. Assumptions

4.3. Limitations

4.4. Abbreviations

4.5. Sources

4.6. Definitions

5. Economic /Demographic Snapshot

6. Competitive Landscape

7. Global Athletic Footwear Market Outlook

7.1. Market Size By Value

7.2. Market Size and Forecast, By Geography

7.3. Market Size and Forecast, By Product Type

7.4. Market Size and Forecast, By Sports Footwear Type

7.5. Market Size and Forecast, By End User

7.6. Market Size and Forecast, By Distribution Channel

8. North America Athletic Footwear Market Outlook

9. Europe Athletic Footwear Market Outlook

10. Asia-Pacific Athletic Footwear Market Outlook

11. South America Athletic Footwear Market Outlook

12. Middle East & Africa Athletic Footwear Market Outlook

13. Company Profile

14. Strategic Recommendations

15. Annexure

16. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/r/zdt8ij

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900