Press release
Global Basketball Shoes Market indicators, pricing analysis, key market participants, key finding, during the forecast period 2018-2025
This study researches the market size of Basketball Shoes, presents the global Basketball Shoes sales and revenue by companies, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.This report focuses on the key data information of Basketball Shoes in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of Basketball Shoes for each region and countries in each region.
For top companies, this report investigates and analyzes the sales, revenue, market share and growth rate for the top players, key data from 2013 to 2018.
This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.
Basketball shoes are very specialized form of footwear that has been designed specifically for an intense sport. Basketball players are constantly starting and stopping, running, jumping, and quickly changing directions, and they have to have shoes that can keep up with those strenuous demands. Good basketball shoes will offer shock absorption, foot support, durability, and ankle stability, all while remaining extremely flexible and allowing the feet to breathe.
With constant jumping, starting and stopping, basketball shoes are designed to act as shock absorbers and provide ankle stability with the flexibility to allow players to move laterally. As such, basketball shoes are much bulkier than running shoes.
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The technical barriers of basketball shoe products are relatively low, while there are many other factors impacting the market growth, such as the increasing of raw Material prices, brand competition, new design trends and rising discretionary spending among the expanding base of middle class population. Other major factors driving growth in the market include rise of smart concepts such as connected fabrics, footwear internet of things and material innovations including leather alternatives derived from fruit, palm, mushroom, pineapple and sericin. 3D printing is increasingly becoming mainstay of shoe manufacturing with the technology enabling manufacturers to cope with the overwhelming demand for a wide variety of shoe designs and mass customization.
There are three distinct types of basketball shoes: high-tops, mid-tops and low-tops. Each type of shoe showcases distinct advantages. High-tops provide the best ankle support, but are the heaviest type of basketball shoe. This can decrease speed-burst ability needed for fast-break situations. Mid-top sneakers stop at ankle level, enabling players to leverage added movement, but this type of shoe provides less stability than high-tops. Low-tops provide the least amount of ankle support, but are the lightest type of sneaker. Low-top basketball shoes will allow players to best take advantage of speed and quickness. A good pair of basketball shoes will help players advance their skill set and decrease the chance for injury. The demand for high-quality basketball shoes is immense, which is why most performance sneakers are expensive and available in limited supply. An average pair of performance basketball shoes will range from $100 to $150. Some high-end sneakers, like the Air Jordan XX8, cost a few hundred dollars. The best basketball shoes ultimately supply players with added ankle support, durability and traction.
In APAC basketball shoes market, China acts as the biggest market, with a consumption share of 51.83% in 2016, followed by Japan and Southeast Asia. In the past few years, the price of basketball shoes gradually increased and the price may keep increasing with the increasing price of raw material and Innovation products. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of basketball shoes. To some extent, the companies face the risk of profit decline.
In 2018, the global Basketball Shoes market size was xx million US$ and is forecast to xx million US in 2025, growing at a CAGR of xx% from 2018. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Basketball Shoes.
This report includes the following manufacturers; we can also add the other companies as you want.
Nike
Adidas
PEAK
ANTA
Lining
Under Armour
Air Jordan
Reebok
ERKE
XTEP
VOIT
361°
Mizuno
Qiaodan
ASICS
Market Segment by Product Type
High-tops Basketball Shoes
Mid-tops Basketball Shoes
Low-tops Basketball Shoes
Market Segment by Application
Competition
Amateur Sports
Daily Wear
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