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Athletic Footwear Market to 2027, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027

12-13-2021 10:48 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The global athletic footwear market is anticipated to grow at a CAGR of 4.0% during the forecast period (2021-2027). The market growth is mainly attributed to an increase in awareness and importance among people for fitness activities across the globe. As per the reports of the Bureau of Labor Statistics (BLS), from 2011 to 2015, 18.0% of Americans age 15 and older were engaged in some of the sports activities and exercises each day. In 2019, 19.3% of the US population was engaged in sport and exercise activities each day. Moreover, the growth of people participating in physical activities is estimated to increase more in the forecast period owing to eliminate the risk of chronic diseases such as obesity, overweight, depression, cardiovascular disease (CVD), and diabetes. In addition to this, change in lifestyle of youngsters to be healthy, prevention from muscle injuries, rising levels of disposable income of consumers are some of the other factors that drive the growth of the athletics footwear market.

A full report of Athletic Footwear Market is available at: https://www.omrglobal.com/industry-reports/athletic-footwear-market

Females of all ages have generally lower participation in fitness and sports activities. However, the increase in women's participation in endurance events, running, and jogging from the past few years has significantly contributed to the growth of the market. For instance, according to the Football Association (The FA), the participation from male and female in football and soccer have actively witnessed growth. Around 6,767 affiliated female football teams were reported by the FA in 2017-2018 which has been increased from 6,000 teams in the previous year in England. Besides, the major player’s participation in the market for product launches is to drive the market growth during the forecast period. For instance, in January 2021, Patta and New Balance Athletics, Inc. collaborated on the New Balance 991 sneakers. The Patta x New Balance M991Pat is the name of the new shoe, which comes in a dusty pink/light petrol color.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/athletic-footwear-market

Market Coverage

• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
o By Type
o By End-User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- ADIDAS AG, Nike, Inc., PUMA SE, Under Armour, Inc., Skechers USA, Inc., ASICS Corp., and VF Corp, among others

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Athletics footwear Market Report Segment

By Type

• Running & Walking Shoes
• Hiking & Trekking Shoes
• Sports Shoes
• Other Shoes

By End-User

• Men
• Women
• Kids

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/athletic-footwear-market

Athletic Footwear Market– Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Amer Sports Corp.
• Avia, Inc.
• British Knights N.A LLC
• Brooks Sports, Inc.
• Columbia Sportswear Co.
• K-Swiss, Inc.
• Lotto Sport Italia Spa
• New Balance Athletics, Inc.
• Newton Running Company, Inc
• Nfinity Athletic Corp.
• Skechers USA, Inc.
• VF Corp.
• Wolverine World Wide, Inc.
• Woodland Worldwide

Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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