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Overview of Sports Footwear Industry: Market is Projected to Reach US$ 115,000 Mn by the End of 2022

05-08-2018 02:46 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

A freshly compiled business intelligent report, titled “Sports Footwear Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022” has been publicized to the vast archive of Fact.MR online repository. This 170-page study delivers all the vital details and information required to know about sports footwear market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.

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Evolution of athletic shoes technology has led to a significant transformation in the design, and functions of the sports footwear. Besides providing protection to the users during the athletic, fitness and sports activities, the sports footwear is equipped with enhanced technological features that boost the performance of the end users. As demand for smart sports shoes continue to increase among the athletes, fitness professionals, and sportsmen, manufacturers in the sports industry are mainly focusing on integrating enhanced technology that helps in boosting performance. Running, basketball, gym, soccer, golf, and ice-hockey are a few sports, and fitness activities continue to inspire the youth population for participating in the sports and fitness activities. Bound to these factors, the global sports footwear market is expected to witness a significant growth in the upcoming years.

In order to keep a track of the fitness regime, and monitor the heart rate, the end users including sportsmen and fitness professionals are required to wear the smart sports footwear, and such sports related accessories all the time. However, as communication with the wearable technologies generate harmful radiation, the health of the end users can be effected negatively. Bound to such factors, sales of the sports footwear is likely to witness a drop in growth during the forecast period. According to a recently compiled report, the global sports footwear market is expected to represent a value of over US$ 115,000 Mn by the end of 2022.

Modern Trade to Represent a Leading Segment

With increasing demand to remain fit, sales for the gym shoes will continue to rev up globally. The training & gym products as compares to other sports footwear products is expected to witness the highest revenue growth, representing a value of over US$ 6,000 Mn by the end of 2022. However, running sports footwear is expected to register the highest CAGR in the global market throughout 2022.

The men segment as compared to other end users is expected to generate significant revenues, recording a value of over US$ 9,000 Mn by the end of 2017. However, the unisex segment is expected to register a robust CAGR in the global market throughout 2022.

Sales of sports footwear through the modern trade sales channel is expected to remain high, accounting for a value of over US$ 7,000 Mn by the end of 2022. However, the third party online channel is expected to register the highest CAGR as compared to other sales channel during the forecast period.

Competition Tracking

Leading market players operating in the global sports footwear market include Nike, Inc, Adidas AG, Under Armour, Puma SE, Skechers USA, New Balance, Asics, Brooks, Yonex, and Fila Korea.

Browse Full Report with TOC- https://www.factmr.com/report/281/sports-footwear-market

Table of Content:

1. Global Sports Footwear Market – Executive Summary

2. Global Sports Footwear Market Overview
2.1. Introduction
2.1.1. Global Sports Footwear Market Taxonomy
2.1.2. Global Sports Footwear Market Definition
2.2. Global Sports Footwear Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Sports Footwear Market Y-o-Y Growth
2.3. Global Sports Footwear Market Dynamics
2.4. Cost Structure Analysis
2.5. Trade Outlook
2.6. Value Chain Assessment and Profitability Margins
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region

3. Global Sports Footwear Market Analysis and Forecast By Product Type
3.1. Global Sports Footwear Market Size and Forecast By Product Type, 2012-2022
3.1.1. Running 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. Training & Gym 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

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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Dublin 2, Ireland
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Email: sales@factmr.com/
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