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Athletic Footwear Market Global Scope by 2022 Reveals the Overall Market Sizes, Trends Analysis, Company Shares and Geographic Market Diversities and Highlights Key Vendors - ASICS Corporation, New Balance INC., Skechers INC., VF Corporation, Deckers Outd

08-22-2018 10:07 AM CET | Sports

Press release from: Fact.MR

Athletic Footwear Market Global Scope by 2022 Reveals

Athletic footwear are the products worn by athletes and are special purpose footwear. The global athletic footwear market is driven by various benefits associated with athletic footwear. These products provide enhanced foot protection, improved functionality as per sport, easy movement, foot control, cushioning as well as heel stabilization. Europe region is considered to be the most lucrative region for the growth of the global athletic footwear market. The report, compiled by FactMR, provides in-depth analysis of the global Athletic Footwear Market for the forecast period 2017-2022, and offers key insights about future market direction.  

The scope of FactMR’s report is to analyze the global athletic footwear market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Athletic footwear manufacturers, stakeholders, and suppliers in the global sports industry can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and sports journals.

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Athletic footwear are used on a large scale by athletes. The global athletic footwear market is influenced by several aspects which have a direct influence on its growth. The rising participation of young population in sports, fitness activities is one of the major reasons which is pushing the growth of the market. The rise in the disposable income is also growing owing to higher income scales. Coupled with this aspect, the increasing awareness about healthy lifestyle is pushing the growth of the global athletic footwear market. The demand for innovative and comfortable footwear as well as increasing e-commerce retail sector is driving the growth of the global athletic footwear market. Innovations which have led to increased functionality, use of material which reduce the overall weight of the footwear and quick availability are few of the aspects which have a greater impact on the market in a positive way. Europe region is expected to show higher market attractiveness for the global athletic footwear market.

Footwear is a garment worn on feet for protection from external agents while performing outdoor activities. Athletic footwear refers to the product worn by athletes which have similar function of foot care along with higher additional functionality according to the sport they are designed for. Athletic footwear thus provide better protection, easy movement control, mid-foot support as well as heel stabilization and cushioning.

According to FactMR’s research report on the global athletic footwear market, the market is anticipated to reach a value of more than US$ 83 Bn by 2022 reflecting a moderate CAGR during the forecasted period of 2017-2022.

Running Shoes Segment and Backpacking Shoes Segment Show Cut Throat Competition

Running shoes segment by product type is expected to show the highest market share by revenue of 16.4% as of 2017, thereby dominating the global market by product type. Backpacking Shoes segment shoes a similar market share but has a higher growth rate as compared to running shoes segment throughout the forecast period.

Specialty Boots Segment Poised to Reflect High Pace

The specialty boots segment by product type is anticipated to grow at the highest growth rate as compared to other segments by product type. It is poised to register a robust CAGR of 5.8 % during the period of forecast. However, this segment shows a lower market share, almost half the market share of running shoes segment.

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Women segment by demographics is poised to show higher growth rate throughout the forecast period. However, the men segment dominate the global market by demographics and reflect a market share of 40.4% as of 2017 and this trend is poised to continue throughout the forecast period of 2017 to 2022. The women segment is likely to witness higher gain in BPS by the end of 2022.

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 ASICS Corporation, New Balance INC., Skechers, INC., VF Corporation, Deckers Outdoor Corporation, Wolverine World Wide, Inc., Amer Sports Corporation, NIKE Inc., Adidas AG, PUMA SE and K-Swiss INC.

Table of Contents

Global Athletic Footwear Market - Executive Summary
Global Athletic Footwear Market Overview
2.1. Introduction

       2.1.1. Global Athletic Footwear Market Taxonomy

       2.1.2. Global Athletic Footwear Market Definition

2.2. Global Athletic Footwear Market Size (US$ Mn) and Forecast, 2012-2022

       2.2.1. Global Athletic Footwear Market Y-o-Y Growth

2.3. Global Athletic Footwear 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

Continued………………………………….

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About FactMR

FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized global 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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