Athletic Footwear Market is expected to grow at a CAGR of 2.1% globally, by 2022

The end users comprise men, women, and kids. The men segment occupied a prominent share of 52.5% in the global athletic footwear industry, followed by the women segment in 2015. The huge consumer base of men segment enabled it to acquire the largest market share in the global athletic footwear market. The kids segment is anticipated to witness the fastest CAGR of 2.4% during the forecast period. Moreover, penetration of athletic footwear is expected to increase amongst women in developing countries owing to increasing consciousness towards health and fitness

Athletic Footwear Market report, published by Allied Market Research, forecasts that the global market is expected to garner $114.8 billion by 2022, growing at a CAGR of 2.1% during the period 2016 - 2022. Asia-Pacific accounted for the highest revenue in 2015, followed by Europe.

The segmentation by type includes sports shoes, running & walking shoes, hiking & backpacking shoes, and aerobic & gym wear shoes. Running & walking shoes accounted for the maximum market share of 40.7% in 2015, due to their widespread adoption as daily wear shoes by consumers, worldwide. North America exhibited the highest penetration of aerobic and gym wear shoes in 2015, owing to consumer’s involvement in gym and dance classes in countries such as the U.S. and Canada. Within the sport shoes category, soccer accounted for the momentous market share of 28.5% in 2015, due to growing popularity of the sport across the globe.

Asia-Pacific would lead the market throughout the analysis period, followed by Europe. The market in APAC is expected to witness the highest growth driven by the increasing disposable income, rising health awareness, and increasing demand for fashion footwear.

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Key Findings of Athletic Footwear Market:
• Asia-Pacific is a lucrative market in terms of growth on account of increasing disposable income, rising health awareness, and increasing demand for fashionable athletic footwear
• Men segment is the highest revenue-generating segment in the global athletic footwear market followed by the women segment
• Tennis shoes are expected to be the fastest moving shoes segment within the sport shoes market, followed by soccer shoes

Product launches, joint ventures, partnerships, and acquisitions and mergers have been the key growth strategies used by existing market players to increase their business and market share. The key companies profiled include Asics Corporation, Adidas AG and Puma SE, VF Corporation, Nike, Inc., FILA, Inc., New Balance, Inc., Skechers Inc., K-Swiss, and Wolverine World Wide, Inc.

List of Tables:

TABLE 1 MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 2 MARKET BY PRODUCT TYPE, 2015-2022 ($MILLION)
TABLE 3 WORLD SPORTS SHOES MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 4 WORLD TENNIS SHOES MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 5 WORLD SOCCER SHOES MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 6 WORLD BASKETBALL SHOES MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 7 WORLD CRICKET SHOES MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 8 OTHER SHOES MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 9 WORLD RUNNING & WALKING SHOES MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 10 WORLD HIKING & BACKPACKING SHOES MARKET BY GEOGRAPHY, 2015- 2022 ($MILLION)
TABLE 11 WORLD AEROBIC & GYM WEAR SHOES MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 12 MARKET BY USER, 2015-2022, ($MILLION)
TABLE 13 WORLD MEN ATHLETIC FOOTWEAR MARKET BY GEOGRAPHY, 2015-2022, ($MILLION)
TABLE 14 WORLD WOMEN ATHLETIC FOOTWEAR MARKET BY GEOGRAPHY, 2015-2022, ($MILLION)
TABLE 15 WORLD KIDS ATHLETIC FOOTWEAR MARKET BY GEOGRAPHY, 2015-2022, ($MILLION)
TABLE 16 NORTH AMERICA ATHLETIC FOOTWEAR MARKET BY TYPE, 2015- 2022, ($MILLION)
TABLE 17 NORTH AMERICA ATHLETIC FOOTWEAR MARKET BY USER, 2015- 2022, ($MILLION)
TABLE 18 EUROPE ATHLETIC FOOTWEAR MARKET BY TYPE, 2015-2022, ($MILLION)
TABLE 19 EUROPE ATHLETIC FOOTWEAR MARKET BY USER, 2015-2022, ($MILLION)
TABLE 20 ASIA PACIFIC ATHLETIC FOOTWEAR MARKET BY TYPE, 2015-2022, ($MILLION)
TABLE 21 ASIA PACIFIC ATHLETIC FOOTWEAR MARKET BY USER, 2015-2022, ($MILLION)
TABLE 22 LAMEA ATHLETIC FOOTWEAR MARKET BY TYPE, 2015-2022, ($MILLION)
TABLE 23 LAMEA ATHLETIC FOOTWEAR MARKET BY USER, 2015-2022, ($MILLION)
TABLE 24 SNAPSHOT OF ASICS CORPORATION
TABLE 25 SNAPSHOT OF ADIDAS GROUP
TABLE 26 SNAPSHOT OF PUMA SE
TABLE 27 SNAPSHOT OF VF CORPORATION
TABLE 28 SNAPSHOT OF NIKE, INC.
TABLE 29 SNAPSHOT OF FILA KOREA, LTD.
TABLE 30 SNAPSHOT OF NEW BALANCE, INC.
TABLE 31 SNAPSHOT OF SKECHERS, INC.
TABLE 32 SNAPSHOT OF K-SWISS, INC.
TABLE 33 SNAPSHOT OF WOLVERINE WORLD WIDE, INC.

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