Rising Trends of Athletic Footwear Market in Worldwide | Topmost Key Players like Nike, Inc., Adidas AG, SKECHERS USA, Inc., New Balance, ASICS Corporation, PUMA SE, others
Global athletic footwear market is expected to rise to an estimated value of USD 96.10 billion by 2026, registering a steady CAGR in the forecast period of 2019-2026.
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What ideas and concepts are covered in the report?
- The assessments accounted by all the zones and the market share registered by each region is mentioned in the report.
- The study sums up the product consumption growth rate in the applicable regions along with their consumption market share.
- Data regarding the Athletic Footwear Industry market consumption rate of all the provinces, based on applicable regions and the product types is inculcated in the report.
Region-based analysis of the Athletic Footwear Industry market:
- The Athletic Footwear Industry market, with regards to provincial scope is segmented into USA, Europe, Japan, China, India, and South East Asia. The report also includes information regarding the products use throughout the topographies.
Unique structure of the report
Global Athletic Footwear Market By Product Type (Insert, Sports Shoes, Hiking Shoes, Backpacking Shoes), End-User (Men, Women, Kids), Distribution Channel (Store Based, Non-Store Based), Price-Based (Premium, Mid, Economy), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
The rising awareness about the health benefits of sports and fitness activities which can help in reducing the risks of various illnesses like depression, diabetes, obesity etc, drives the growth of this market.
The growth of the retail e-commerce sector worldwide
Changing consumer lifestyle and rise in the level of disposable income of consumers
Increasing awareness about the importance of using right type of shoes in order to prevent muscle injuries, leg injuries, knee pain, hip pain, and back pain, thereby stimulating the demand for athletic shoes
Rising prices of raw materials hampers the growth of this market
Growing levels of geriatric population against the reduced younger age group of populace is expected to restrain the growth of the market
Rising prevalence of fake and brand copied athletic footwear products
Key Developments in the Market:
In June 2018, SIGNA Sports Groups took over and acquired, the online pioneer in athletic shoes and sportswear, Stylefile, thereby deliberately further expanding its e-commerce portfolio. SIGNA Sports Group would now be able to reach a large customer base especially across Europe.
In March, 2018, VF Corporation announced that they had agreed to acquire Altra, an athletic and performance based footwear brand from ICON Health & Fitness. This purchase of the Altra brand would help VF Corporation to expand and reshape their product portfolio of powerful brands, thereby leading to maximum customer satisfaction.
Increasing Disposable Income
Rising disposable income of the population is believed to positively impact the growth of the smart furniture over the forecast period. Further, changing lifestyle of the people such as increasing preference for smart furniture is anticipated to intensify the growth of global smart furniture market over the forecast period.
However, high cost of Smart Furniture products is one of the key factors which are expected to limit the growth of global smart furniture market over the forecast period.
Some of the Major Highlights of TOC covers:
Athletic Footwear Industry Regional Market Analysis
- Athletic Footwear Industry Production by Regions
- Global Athletic Footwear Industry Production by Regions
- Global Athletic Footwear Industry Revenue by Regions
- Athletic Footwear Industry Consumption by Regions
Athletic Footwear Industry Segment Market Analysis (by Type)
- Global Athletic Footwear Industry Production by Type
- Global Athletic Footwear Industry Revenue by Type
- Athletic Footwear Industry Price by Type
Athletic Footwear Industry Segment Market Analysis (by Application)
- Global Athletic Footwear Industry Consumption by Application
- Global Athletic Footwear Industry Consumption Market Share by Application (2014-2019)
Athletic Footwear Industry Major Manufacturers Analysis
- Athletic Footwear Industry Production Sites and Area Served
- Product Introduction, Application and Specification
- Athletic Footwear Industry Production, Revenue, Ex-factory Price and Gross Margin (2014-2019)
- Main Business and Markets Served
At the Last, Athletic Footwear industry report focuses on data sources, viz. primary and secondary sources, market breakdown and data triangulation, market size estimation, research programs, and design, research approach and methodology, and the publisher's disclaimer.
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