Athletic footwear is comfortable, relaxing, joy-providing, and protective gear to the athletes. The footwear's outer sole is made from carbon rubber, which provides durability to the shoe and is made according to the end-user. The footwear, durable, lightweight, comfortable, and protective to the feet, is preferred more by the athletes.
MARKET DYNAMICS
Athletic footwear has massive demand in the global market, as fitness awareness is rising among consumers. Safety comes first - these principles are followed by the athletes on priority aiming to protect from the injuries, and the purchasing of footwear is a must factor driving the global athletic footwear market. Also, the high cost of athletic footwear is the factor that can hamper the market growth. Moreover, the rising disposable income is witnessing the development of the global athletic footwear market. In addition, the change in the franchise of brands and promotional events by key players are bolstering the sales and increasing the global athletic footwear market.
MARKET SCOPE
The "Global Athletic Footwear Market Analysis to 2028" is a specialized and in-depth study of consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the athletic footwear market with detailed market segmentation by footwear type, end-user, and distribution channel. The global athletic footwear market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading athletic footwear market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global athletic footwear market is segmented into footwear type, end-user, and distribution channel. Based on footwear type, the global athletic footwear market is segmented into sneakers, running footwear, hiking footwear, basketball footwear, football footwear, others. By end-user, the global athletic footwear market is further segmented into, men, women, and unisex. By distribution channel, the global athletic footwear market is classified into supermarkets and hypermarkets, specialty stores, online retail, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the athletic footwear industry, including both qualitative and quantitative information. It provides an overview and forecast of the global athletic footwear market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The athletic footwear market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the athletic footwear market from both the demand and supply sides. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the athletic footwear market in these regions.
MARKET PLAYERS
The report covers vital developments in the athletic footwear market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and the customer base of market players. The market players from the athletic footwear market are anticipated to witness lucrative growth opportunities in the future with the rising demand for athletic footwear in the global market. Below mentioned is the list of a few companies engaged in the athletic footwear market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the athletic footwear market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- Adidas America Inc.
- PUMA SE
- Nike, Inc.
- ASICS Corporation
- SKECHERS
- Mizuno USA
- Merrell
- Vibram Corporation
- K-Swiss US
- Under Armour