Athletic Footwear Market to Witness Growth Acceleration During 2021-2027

Athletic footwear is designed for sports activities. They are basically used by athletes for running and playing other sports activities. Athletic footwear is classified into walking shoes, trekking shoes, sportswear, aerobics shoes, and running shoes.

The Global Athletic Footwear Market is accounted for US$ 85,947 Mn in terms of value by the end of 2019. Athletic Footwear are largely being used by individuals while carry out sports or personal health related activities. Various types of footwear for activities like gym, aerobics, trekking and running are gaining traction across the globe.

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The increasing influence of sports activities prevailing among individuals is driving the demand for Athletic Footwear across the globe. Rising health consciousness among the millennial population is also one of the key factors contributing to the growth of the market. Moreover, the rising number of retail stores offering a variety of Athletic Footwear is also expected to increase the demand for the market over the forecast period. In addition to this, the rising number of sports activities across the globe further increases the demand for such products. However, an increase in the prices of branded footwear owing to fluctuation in the prices of raw materials is expected to hinder the market growth to some extent in the upcoming years.

Detailed Segmentation:

Global Athletic Footwear Market, By Category:

Insert Footwear
Aerobics Shoes
Athleisure Footwear
Running Shoes
Walking Shoes

Sports Footwear
Cricket Footwear
Tennis Shoes
Other Sport Shoes

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Key companies covered as a part of this study includes Nike, Inc., Adidas Group, Crocs, Inc., Wolverine World Wide, Inc., Skechers U.S.A., Inc., Under Armour, Inc., Puma AG, Geox SpA, K- Swiss, New Balance

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