athletic footwear market share, trends & forcast - 2022
TRANSCRIPT
Athletic Footwear Market
Opportunities and Forecasts,2016 – 2022
Pages: 100Published: 2016
ATHLETIC FOOTWEAR MARKET
The end users comprise men, women, and kids. The men segment occupied a prominent share of 52.5% in the global athletic footwear industry, followed by the women segment in 2015. The huge consumer base of men segment enabled it to acquire the largest market share in the global athletic footwear market. The kids segment is anticipated to witness the fastest CAGR of 2.4% during the forecast period. Moreover, penetration of athletic footwear is expected to increase amongst women in developing countries owing to increasing consciousness towards health and fitness.
Chandradeep Singh
• Athletic Footwear Market report, published by Allied Market Research, forecasts that the global market is expected to garner $114.8 billion by 2022, growing at a CAGR of 2.1% during the period 2016 - 2022.
• The segmentation by type includes sports shoes, running & walking shoes, hiking & backpacking shoes, and aerobic & gym wear shoes. Running & walking shoes accounted for the maximum market share of 40.7% in 2015, due to their widespread adoption as daily wear shoes by consumers, worldwide.
• North America exhibited the highest penetration of aerobic and gym wear shoes in 2015, owing to consumers involvement in gym and dance classes in countries such as the U.S. and Canada.
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ATHLETIC FOOTWEAR MARKET OVERVIEW
TOP STRATEGIES WINNING GLOBAL ATHLETIC FOOTWEAR
MARKET
Market players strive continuously to gain a competitive advantage over their competitors and build a stronger base for themselves. Product launch, acquisitions, and mergers have been the prominent strategies implemented by key players to increase their footprints in the global market.
ATHLETIC FOOTWEAR MARKET KEY BENEFITS
• This report provides an extensive market scenario, covering the current trends and revenue figures that are forecast from 2016- 2022.
• Market intelligence for key development strategies adopted by top companies are explained through comprehensive impact analysis.
• Practical evaluation of the key market drivers and restraints for global athletic footwear industry segments such as applications and type are dealt with efficiently.
• Emphasis is laid on key athletic footwear market trends that have a direct impact on the growth figures. These factors are critically analyzed to reveal the most impactful influencing factors.
• Patent analysis of recently granted patents are explained according to geographies that give market intelligence of future trend and transitions
TOP FACTORS IMPACTING GLOBAL ATHLETIC FOOTWEAR
MARKET:
• Asia-Pacific is a lucrative market in terms of growth on account of increasing disposable income, rising health awareness, and increasing demand for fashionable athletic footwear
• Men segment is the highest revenue-generating segment in the global athletic footwear market followed by the women segment
• Tennis shoes are expected to be the fastest moving shoes segment within the sport shoes market, followed by soccer shoes
ATHLETIC FOOTWEAR MARKET KEY FINDINGS
KEY PLAYERS IN INDUSTRY
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Nike Adidas
Asics Corporation
ATHLETIC FOOTWEAR MARKET SEGMENTATION
The market is segmented on the basis of type, User, and geography.
ATHLETIC FOOTWEAR MARKET SEGMENTATION BY PRODUCT
TYPES
By Product Types
Sports shoes
Hiking and backpackin
g shoes
Running and walking
shoes
Aerobic and gym wear
shoes
ATHLETIC FOOTWEAR MARKET BY GEOGRAPHY
North America, Europe, Asia-Pacific, LAMEA
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