Press release
Badminton Shoes Market To Surpass $5.51 Billion, By 2027 | Industry Player | ASICS Corporation, Yonex Co., Ltd, Adidas AG, VICTOR RACKETS IND. CORP, Mizuno USA, Inc., Carlton Sports
A new study report is a compilation of comprehensive information about the global Badminton Shoes market. A detailed market analysis presented in the report help reader to gain knowledge of the current market dynamics, competitive background, and prediction on the future market scenario.The global badminton shoes market size is expected to reach USD 5.51 billion by 2027 and is expected to grow at a CAGR of 8.85% during the forecast period. As the penetration of badminton has increased, more and more consumers prefer badminton footwear to be comfortable to have positive impact on their performance. These shoes typically possess cushioning effect to spread pressure on feet, to avoid any sort of injury during tournament. Earlier, badminton shoes were manufactured by weaving multiple layers of fabrics with each other causing heavy generation of waste as well as requiring more labor force. With product innovation, shoe-knitting is a technology that knits badminton shoes just like a pair of socks.
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List of Key players
• Li Ning Company Limited
• Lotto Sport Italia
• ASICS Corporation
• Yonex Co., Ltd
• Adidas AG
• VICTOR RACKETS IND. CORP
• Mizuno USA, Inc.
• Carlton Sports
• Babolat
• Cosco (India) Ltd
• Puma SE
Companies like Babolat, Li Ning, Yonex, Adidas, Puma and Asics have focused on offering their products in all geographical regions through various channels at company’s disposal. While companies like Lotto and Mizuno have been focusing majorly on regions like Europe, North America and Asia. Carlton Sports have been targeting United Kingdom and USA through their online channel SportsDirect and some countries of Asia through e-commerce websites. Victor Rackets Ind. Corp are focusing on countries like Taiwan and India. Cosco India has only focused on Indian market.
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Furthermore, the report provides details of market size estimation and forecasts that have been included after conducting customized research for the global Badminton Shoes market. The comprehensive report identifies major emerging trends along with the key drivers responsible for the increased demand for the global Badminton Shoes market. Additionally, the report sheds light on a few factors that can restrain the market growth on some scale. While discussing the challenges and risks, the report also points out lucrative opportunities present in the global Badminton Shoes market that can excite new market entrants as well as existing players.
Polaris Market Research Market research has segmented the Badminton Shoes Market report on the basis of sole type, demographics, buyer type, sales channel and region
Badminton Shoes Sole Type Outlook (Revenue – USD Million, 2016 – 2027)
• Rubber Sole
• Non Marking
Badminton Shoes Demographics Outlook (Revenue – USD Million, 2016 – 2027)
• Men
• Women
• Unisex
• Kids
Badminton Shoes Buyer Type Outlook (Revenue – USD Million, 2016 – 2027)
• Individual
• Institutional
• Promotional
Badminton Shoes Sales Channel Outlook (Revenue – USD Million, 2016 – 2027)
• Independent Sports Outlet
• Franchised Sports Outlet
• Modern Trade Channels
• Direct to Customer Channel
• Third Party Online Channel
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