What are the Key Growth Drivers of Badminton Shoes Market Through 2028? Explores Fact.MR study

Worldwide sales of badminton shoes are estimated to surpass 53,400 thousand units in 2019, up from 50,782 thousand units in 2018, as per the latest report published by Fact.MR.

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Surging popularity of racquet sports, with badminton being a prominent one, continues to be one of the key factors fuelling investments in badminton shoes market. As per the report, multiple number of sports clubs with favorable membership deals are springing up across various regions, thereby creating favorable grounds for the adoption of badminton shoes.

Men Will Continue to Spend More on Badminton Shoes than Women

As per the analysis, men will continue to spend on badminton shoes more frequently in comparison to women and kids. Though women are increasingly coming forward and participating in badminton in recent past, men will continue to lead and report higher participation levels in badminton. This, in turn, makes them a valuable target audience for companies operating in the badminton shoes market.

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As per the Fact.MR study, East Asia will continue to be a highly lucrative market for badminton shoes, with sales estimated to surpass 32,400 thousand units in 2019. The demand for badminton shoes will remain highly concentrated across flourishing economies of East Asia, mostly China, Japan, South Korea, and others, wherein the burgeoning middle class demographic will continue to create revenue-making potential for the manufacturers.

Leading companies in the badminton shoes market are making headway with exhaustive assessment of market trends and trying out new advertising techniques to reach both new as well as old target markets.

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Endorsement continues to be a key component of the leading brands in the badminton shoes market, as multiple studies underline the positive effects of celebrity endorsements on customer decision-making. Social media will continue to breathe life into the marketing strategies of key players in badminton shoes market by boosting customer engagement. Sensing the aforementioned, manufacturers in the badminton shoes market are modifying their social media marketing tones to boost sales.

Chapter 1 - Executive Summary

This chapter in the badminton shoes market report offers a brief view of the key findings and a summary of the statistics covered in the badminton shoes market report. This chapter also offers an in-depth view of the badminton shoes market analysis and recommendations and gives away a quick regional comparison with a market sustainability outlook of badminton shoes market. This chapter also offers a quick view of the megatrends influencing growth of badminton shoes market.

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Chapter 2- Badminton Shoes Market- Introduction

This chapter in the badminton shoes market report offers a quick introduction as to how to go through this report along with a market definition. Moreover, this chapter in the badminton shoes market report also talks about market taxonomy wherein the badminton shoes market segments and sub segments are assessed and discussed in detail.

Chapter 3 - Badminton Shoes Market Background

This chapter in the badminton shoes market report talks about the product launch track and trends, which also talks about the recent product launches, dynamics associated with growth of badminton shoes market, types of product launches in the badminton shoes market, and many other aspects. This chapter sheds light on innovations in the product development track and trend, which includes product innovations over the time, transformation of product attributes, and other crucial aspects. This chapter also talks about various associated market risks and gives a distribution channel outlook.

For More Insights – https://www.globenewswire.com/en/news-release/2019/04/18/1806493/0/en/Badminton-Shoes-Sales-Soar-as-End-Users-Develop-an-Enthusiasm-for-Sport-Specific-Footwear-with-Advanced-Features-Finds-Fact-MR.html

Chapter 4 - Badminton Shoes Market - Associated Industry Assessment

This chapter in the badminton shoes market report gives an overview of the associated industry assessment, which includes badminton apparels and accessories market insights, current state and scenario of the industry, impact of customer homogenization on badminton apparel and accessories demand. This chapter in the badminton shoes market also gives a short briefing of the factors upholding badminton sports and a supply chain analysis of the same.

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The Fact.MR research study sheds light on untapped potential in the badminton shoes market from 2018 to 2028. As per the Fact.MR report, the badminton shoes market is estimated to witness growth at a value CAGR of over 8% during the assessment period.

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