Press release
Sports Footwear Market Outlook Highlights Major Opportunities Likely to Steer Demand during Forecast Period with Market players Nike Inc, Adidas AG, Under Armour, Puma SE, Skechers USA, New Balance
To Get Sample Copy of this Report, visit @ https://www.factmr.com/connectus/sample?flag=S&rep_id=281
According to a recently compiled report, the global Sports Footwear Market is expected to represent a value of over US$ 115,000 Mn by the end of 2022.
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.
In order to keep a track of the fitness regime, and monitor the heart rate, the end users including sportsmen and fitness professionals are required to wear the smart sports footwear, and such sports related accessories all the time. However, as communication with the wearable technologies generate harmful radiation, the health of the end users can be effected negatively. Bound to such factors, sales of the sports footwear is likely to witness a drop in growth during the forecast period.
Get complete information about this report @ https://www.factmr.com/report/281/sports-footwear-market
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.
For Further Insights and Segment-Specific Information, Contact a Market Analyst at @ https://www.factmr.com/connectus/sample?flag=AE&rep_id=281
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights 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.
Contact Us
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Sports Footwear Market Outlook Highlights Major Opportunities Likely to Steer Demand during Forecast Period with Market players Nike Inc, Adidas AG, Under Armour, Puma SE, Skechers USA, New Balance here
News-ID: 1714351 • Views: …
More Releases from Fact.MR
Silicon Carbide (Carborundum) Market Growth Trajectory to US$ 19 Billion by 2033
The global Silicon Carbide Market is projected to have grown at a compound annual growth rate (CAGR) of 16% and be valued US$ 19 billion.by the end of 2033, Silicon carbide's strong thermal conductivity and high voltage tolerance make it a useful material for electric vehicle power electronics. The market for silicon carbide is driven by the growing demand for electric vehicles and the corresponding requirement for SiC-based components such…
Hydrocarbon Solvents Market: Growth Forecast to Reach US$ 9.87 Billion by 2033
The global market for Hydrocarbon Solvents is anticipated to have grown at a compound annual growth rate (CAGR) of 4.1%. It is estimated to be worth US$9.87 billion by the end of 2033 Hydrocarbon solvents generated from petroleum are utilized in many consumer and industrial products to clean or dissolve things. The only constituents that comprise the organic solvents known as hydrocarbons are hydrogen and carbon atoms. Hydrocarbon solvents are…
Cryotherapy Market Forecasted to Achieve US$ 7,419.6 Million by 2034
The global cryotherapy market is expected to be $4,003.7 million in 2024, with a steady growth rate of 6.40% through 2034. The market is expected to exceed a valuation of $7,419.6 million by 2034.
Individuals around the world have adopted healthier lifestyles and exercise in recent years as the prevalence of lifestyle-related diseases has increased. This has subsequently led to an increased demand for post-exercise recuperation remedies. Cryotherapy, which includes exposing…
Additive Manufacturing Market Projected to Reach US$ 189.34 Billion with 21.6% C …
The global additive manufacturing market will be worth $26.79 billion in 2024. Sales of additive manufacturing technologies are expected to grow at a significantly high CAGR of 21.6% to US$ 189.34 billion by the end of 2034.
More businesses nowadays are inclined to sustainable manufacturing practices due to their favorable environmental effects. In comparison with traditional production, additive manufacturing provides several environmental advantages. Waste and energy minimization are two noteworthy advantages…
More Releases for Footwear
Industrial Safety Footwear Market By Product Type (Leather Footwear, Plastic Foo …
Industry Outlook and Trend Analysis
The Industrial Safety Footwear Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. Industrial footwear is intended for the security of laborers utilized in ventures, for example, construction, mining, transportation, oil & gas, pharmaceutical, chemicals, and manufacturing. The shift toward specialist security has made colossal interest for modern footwear in various businesses. Different progressing technological advancements,…
Industrial Footwear Market by Product Type (Waterproof Footwear, Leather Footwea …
Industrial footwear is designed for the safety of workers employed in industries such as mining, construction, oil & gas, transportation, pharmaceutical, manufacturing, and chemicals. The shift toward worker safety has created huge demand for industrial footwear in different industries.
Access Full Report: https://www.alliedmarketresearch.com/industrial-footwear-market
Various ongoing technological developments, such as use of lighter composite materials in the manufacturing of footwear, have resulted in increase in demand of these industrial footwear. Key players…
North America's Footwear Market By Type (Athletic footwear and non-athletic foot …
Researchmoz added Most up-to-date research on "North America's Footwear Market By Type (Athletic footwear and non-athletic footwear) By Gender (Men's Footwear, Women's Footwear)" to its huge collection of research reports.
The North America footwear market is categorized into athletic and non-athletic footwear. Athletic footwear refers to all kinds of footwear designed for sports purpose or for other forms of physical exercises which includes insert shoes, sports (Cross Training), hiking shoes and…
Footwear 2017 - Footwear Market (By Product Type: Athletic Footwear, Non-Athleti …
"Footwear Market (By Product Type: Athletic Footwear, Non-Athletic Footwear; By Gender: Men’ Footwear, Women’s Footwear, Kids’ Footwear) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect.
Description-
The global footwear industry has been experiencing rapid expansion, primarily due to rapid demand for new and innovative footwear products worldwide. Due to advancements in manufacturing…
Footwear Market By Type (Athletic footwear and non-athletic footwear) By Gender …
The footwear market in North America is being influenced by the introduction of new innovations and styles within the different categories of footwear. The rising count of athletes and the increasing shift towards staying fit and active are the major factors propelling the growth of the North America footwear market. The increasing sense of fashion in this region is also impacting the market positively. In addition, the increasing count of…
North America Footwear Market By Type (Athletic footwear and non-athletic footwe …
The North America footwear market is categorized into athletic and non-athletic footwear. Athletic footwear refers to all kinds of footwear designed for sports purpose or for other forms of physical exercises which includes insert shoes, sports (Cross Training), hiking shoes and backpacking boots for men, women and children. Non-athletic footwear includes all kinds of footwear which can be classified into dress formal, casual footwear and fashion footwear.
Browse The Report:…
