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Sports Footwear Market Forecast Report till 2022: Recommendations to Market Players | Nike, Inc, Adidas AG, Under Armour, Puma SE, Skechers USA, New Balance, Asics, Brooks, Yonex, and Fila Korea
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Equipped with aerodynamic technology, the sports footwear allows the sportsmen and athletes to boost their performance. Integrated with advanced technology, the sports technology allows the athletes to jump higher, run faster, and boost strength. The smart sports footwear are also equipped with cushions that are meant to provide comfort to the sportsmen and athletes. Attributed to these trends, and activity specific smart footwear, manufacturers are designing, and embedding activity specific technologies in the sports footwear products. Surge in demand for tracking the fitness regime, and the heart rate has led several manufacturers to integrate technologies including fitness trackers, and heart rate monitors in the sports footwear for the fitness professionals.
Besides the sports and fitness industry, several diabetic patients are suggested to wear sports shoes that are equipped with fitness tracking features. Through the fitness tracking accessories, the diabetic patients can conveniently track the heart rate, and blood and sugar level while performing routine activities. Considerable demand among the diabetic patients is expected to contribute towards growth of the global market positively.
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.
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Table of Contents:
Global Sports Footwear Market - Executive Summary
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
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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