04-04-2018 05:02 PM CET - Sports
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Global Basketball Shoes Market is Anticipated to Reach a Value of about US$ 5Bn by 2022 – Fact.MR Report

Press release from: Fact.MR
Fact.MR
Fact.MR


FACT.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled “Basketball Shoes Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been added to the wide online database of FACT.MR which discusses the present as well as the future market scenario. Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global basketball shoe market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the period until 2022. According to Fact.MR’s research report on the global basketball shoes market, the market is anticipated to reach a value of about US$ 5Bn by 2022 reflecting a sluggish CAGR during the forecasted period of 2017-2022.

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North America at the Zenith of the Global Market

North America region is expected to show higher market attractiveness index and is considered to be the most lucrative market. This region is expected to dominate the global basketball shoes market in terms of revenue share and growing at a comparatively higher growth rate than other regions. Europe is expected to show similar growth rate during the period of forecast, yet has a lower market share by revenue as compared to North America. The main cause rise in this market is attributed towards the increasing disposable income and more riches opting for basketball as a recreational sport and also intend to take care of their foot health and especially protect their ankles, thereby contributing to the fast growth rate of basketball shoes in the North America region. Asia-Pacific excluding Japan (APEJ) region shoes sluggish growth rate and a slower one as compared to these two regions throughout the forecast period.

High Tops Top the List

High tops segment by shoes type is anticipated to show a higher growth rate as compared to other segments along with a higher market share by revenue thereby showing dominance during the period of forecast. The high tops segment is expected to grow at a CAGR of 2.8% during the forecast period of 2017 to 2022 and also is expected to gain a higher BPS by the end of 2022. The medium tops segment is also gaining speed slowly, and seconds the high tops segment. High tops segment growth can be attributed towards the conventional design and ankle protection feature of high top shoes that low tops segment does not show. Moreover, the high top shoes are less costly and more robust.

By Buyer Type, the Individual Segment Outpaces Other Segments

The individual segment by buyer type shows a comparatively higher growth rate and is expected to register a CAGR of 2.9% during the period of forecast. The segment also portrays dominance owing to a higher market share among the three segments. This segment also expected to enjoy a higher gain in the BPS by the end of 2022. Following the individual segment, the institutional segment has taken a better turn with respect to growth and market share.

Laces Segment vs. Straps Segment, One Tough Call to Make

The laces segment by closure type is expected to grow at a higher rate followed by the straps segment. However, the laces segment shows higher market share and dominates the market. The straps segment comes second in line with respect to value market share and it would be advisable to invest in these two segments as per regional outlook, especially in North America the laces segment could find better opportunities the laces segment is shows a market share of 57.1% as of 2017 and this trend is anticipated to continue throughout the period of forecast.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of the global basketball shoes market through 2022, which include Adidas AG, NIKE, Inc., Peak Sports USA, PUMA SE, ANTA Sports Products Ltd, Li Ning Co., Ltd, Under Armour, Inc., Reebok International Ltd., Amer Sports Corporation and Xtep International Holdings Limited.

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Table of Contents:

Global Basketball Shoes Market – Executive Summary

2. Global Basketball Shoes Market Overview
2.1. Introduction
2.1.1. Global Basketball Shoes Market Taxonomy
2.1.2. Global Basketball Shoes Market Definition
2.2. Global Basketball Shoes Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Basketball Shoes Market Y-o-Y Growth
2.3. Global Basketball Shoes Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
Global Basketball Shoes Market Analysis and Forecast By Shoes Type
3.1. Global Basketball Shoes Market Size and Forecast By Shoes Type, 2012-2022
3.1.1. High Tops Basketball Shoes Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Mid Tops Basketball Shoes Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
3.1.3. Low Tops Basketball Shoes Market Size and Forecast, 2012-2022
3.1.3.1. Revenue (US$ Mn) Comparison, By Region
3.1.3.2. Market Share Comparison, By Region
3.1.3.3. Y-o-Y growth Comparison, By Region


Continued…….

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized sports market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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