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Athletic Footwear Market -Trending Opportunities 2018-2026 | Industry Players- Nike, adidas, VF Corporation, ASICS Corporation, Lotto Sport Italia Spa, PUMA SE Group

11-17-2018 11:43 AM CET | Sports

Press release from: Polaris Market Research & Consulting

Athletic Footwear Market

Athletic Footwear Market

Overview:

The Global Athletic Footwear Market is anticipated to gain traction due to increased obesity rate, rising number of health conscious public globally, and a need for maintaining healthy lifestyle.

Athletic footwear includes shoes worn for sports activities such as running, jogging, and for playing sports including basketball and tennis among others. Athletic footwear is developed using flexible material with a sole made of rubber. Athletic activities put more stress on the feet and body. Athletic footwear offers additional cushioning and stability for comfort, and overall health.

Athletic footwear offer features such as light weight, durability, flexible rubber outsoles, flex grooves, and split heel. Flex grooves are present across the forefoot of the outsole to enable the foot to flex and roll more naturally. The heel of athletic shoes is flared and split into 2 sections, an outer and an inner side to increase the efficiency of heel-to-toe running motion.

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Increasing obesity and growth in sports & adventure activities boosts the global athletic footwear market

The growing awareness regarding the health problems caused due to wrong footwear primarily drives the athletic footwear market. The growing rate of obesity and increasing number of diseases associated with it supports the growth of the athletic footwear market. Consumers are increasingly becoming aware regarding weight loss, and actively participating in athletic activities, thereby supplementing the growth of the athletic footwear market. The increasing need of consumers to lose weight, and stay healthy while maintaining their lifestyles have supported the growth of this market.

There has been a shift towards e-commerce and consumers are purchasing athletic footwear through online platforms. The variety of choices available coupled with ease of purchase offered by online platforms encourages consumers to buy athletic footwear online, supplementing the growth of the market. Growing demand from emerging economies along with increasing initiatives by governments to promote sports activities is expected to provide numerous growth opportunities in the coming years.

Global Athletic footwear Market Taxonomy

The global Athletic footwear market is segmented on the basis of type, gender, distribution channel, and geography.
By Type

• Running Shoes
• Sports Shoes
• Hiking and Backpacking Shoes
• Others

By Gender

• Men
• Women
• Kids

By Distribution Channel

• Offline Stores
• Online Platforms

High disposable income and healthy lifestyle changes boost the growth in North America Athletic footwear Market
On the basis of geography, North America is expected to dominate the global market over forecast period. There has been an increasing participation in sports and adventure activities such as running, and hiking among others. Consumers are opting for athletic footwear owing to high disposable income and changing consumer preferences. Increasing health concerns and increasing initiatives by market players to promote health and wellness has increased the adoption of athletic footwear in the region.

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Key players in the global Athletic footwear market are:

• Nike, Inc.
• Adidas AG
• Puma SE
• VF Corporation
• Fila Inc.
• Skechers USA, Inc.
• Vans, Inc.
• Lotto Sport Italia S.p.A.
• Asics Corporation
• Under Armour, Inc.

About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.

Contact us

Mr. Neel
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: neel@polarismarketresearch.com
Web: www.polarismarketresearch.com

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