Press release
Sports Footwear Market Segments, Opportunity, Growth and Forecast by End-use Industry 2021-2031
A new forecast by Fact.MR estimates that footwear revenues will grow nearly 1.5x between 2021 and 2031, reaching nearly US$ 640 Bn in 2031 with a 10-year compound annual growth rate (CAGR) of 4%.Demand across North America accounts for nearly 36% share, boosted by the presence of prominent shoe manufacturer brands like Adidas, Under Armour, Skechers, ASICS Corporation in the region.
Click Here To get a Sample Report (Including Full TOC, Table & Figures):-https://www.factmr.com/connectus/sample?flag=S&rep_id=120
Key Segments Covered
Product Type
Casual Footwear
Fashion Footwear
Occupational Footwear
Therapeutic Footwear
Athletic Footwear
Protective Footwear
Other Footwear
Material
Leather Footwear
Natural Rubber Footwear
Synthetic Rubber Footwear
EVA Footwear
PVC Footwear
PU Footwear
Textile Footwear
Price Range
Economy Footwear
Mid Footwear
Premium Footwear
Super-Premium Footwear
Sales Channel
Online Footwear Sales
Footwear Sales via Specialist
General Merchandise Footwear Sales
Footwear Sales via Departmental Stores
Footwear Sales via Other Sales Channels
The Market insights of Footwear will improve the revenue impact of businesses in various industries by:
• Providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the Footwear Market
• Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global Footwear market and offers solutions
• Assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
• Provides understanding of disruptive technology trends to help businesses make their transitions smoothly
• Helping leading companies make strategy recalibrations ahead of their competitors and peers
• Offers insights into promising synergies for top players aiming to retain their leadership position in the market & supply side analysis of Footwear market .
Need More information about Report Methodology? Click here:-https://www.factmr.com/connectus/sample?flag=RM&rep_id=120
This report gives you access to decisive data such as:
• Demand of Footwear Market & Growth drivers
• Factors limiting Footwear market growth
• Current key trends of Footwear Market
• Market Size of Footwear and Footwear Sales projections for the coming years
The report also offers key trends of Footwear market and an in-depth analysis of how the projected growth factors will shape the Footwear market dynamics in the coming years of the forecast period.
Moreover, it also gives meaningful as well as actionable insights on the competitive analysis of Footwear Market that are developing the current market scenario and which will be lucrative for the future demand of Footwear Market.
Crucial insights in Footwear market research report:
• Underlying macro- and microeconomic factors impacting the Sales of Footwear market.
• Basic overview of the Footwear, including market definition, classification, and applications.
• Scrutinization of each market player based on mergers & acquisitions, R&D projects, and product launches.
• Adoption trend and supply side analysis of Footwear across various industries.
• Important regions and countries offering lucrative opportunities to market stakeholders.
To get all-in insights on the regional landscape of the Footwear Market, buy now:-https://www.factmr.com/checkout/120
Category-wise insights
Why are Medical & Therapeutic Footwear Projected to be Popular?
Sales of medical & therapeutic footwear were valued at USD 8.3 Bn in 2020 and is predictable to grow at a CAGR of around 5% from 2021 to 2031.
Soaring number of foot-related issues, such as plantar fasciitis, bunions, arthritis, foot and ankle injuries, corns, and flat feet, on account of poorly fitting shoes, is a prime factor driving the market. According to the American Podiatric Medical Association (APMA) 2019, in the U.S., about 77% of Americans have encountered foot disorders and related issues.
What are the Commercial Prospects for Fashion Footwear?
Footwear is produced in a vast variety on the basis of style and functionality, including casual, fashion, occupational, therapeutics, athletic, protective, and others. Of these, sales of fashion footwear accounted for nearly US$ 109 Bn in 2020.
Furthermore, major investments by international fashion houses and collaborations with major designers by market leaders are key factors bolstering sales. Also, the popular trend of fast fashion is projected to aid growth in the long term.
Browse More Reports by Fact.MR : -https://www.einpresswire.com/article/557298123/demand-for-independent-front-suspension-is-estimated-to-remain-high-owing-to-the-system-of-better-handling-stability
Competitive Landscape:
Prominent players are embracing innovative approaches such as ground-breaking marketing tactics, technological advancements, mergers, and acquisitions.
NIKE, Inc. entered into a definitive agreement to acquire Converse, Inc. The total price paid for 100 % of the equity shares was approximately US$305 Mn plus the assumption of certain working capital liabilities at the time of the transaction’s consummation.
Likewise, Adidas-Salomon AG and Reebok International Ltd. signed an agreement under which adidas-Salomon AG would acquire all of the outstanding shares of Reebok for U.S. $59.00 per share in cash.
Explore Fact.MR’s Comprehensive Coverage on Retail & Consumer Goods Landscape
Textile Home Decor Market- https://www.factmr.com/report/textile-home-decor-market
Gaming Controller Market-https://www.factmr.com/report/gaming-controller-market
Fresh Meat Packaging Market-https://www.factmr.com/report/fresh-meat-packaging-market
Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Visit Our Website: https://www.factmr.com
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Sports Footwear Market Segments, Opportunity, Growth and Forecast by End-use Industry 2021-2031 here
News-ID: 2537845 • Views: …
More Releases from Fact.MR
Fine Blanking Tools Market Projected to Reach USD 1.43 Billion by 2035 | U.S. CA …
The global Fine Blanking Tools Market is set for steady growth over the next decade, driven by rising demand for high-precision components, ongoing industrial automation, and surging requirements from automotive, electronics, and aerospace sectors. According to a recent forecast, the market is expected to grow from approximately USD 948.1 million in 2025 to USD 1,430.6 million by 2035, at a compound annual growth rate (CAGR) of about 4.2 % between…
Benzodiazepine Drugs Market is Expanding USD 5.4 billion by 2035 | Pfizer Inc.; …
The global benzodiazepine drugs market is projected to expand in the coming decade, driven by growing incidence of anxiety, insomnia, alcohol-withdrawal disorders, and advances in pharmaceutical formulations. According to a recent Fact.MR report, the market was valued at approximately USD 2.35 billion in 2022, and is expected to grow at a compound annual growth rate (CAGR) of 2.8% to reach USD 3.1 billion by 2032.
Market Drivers & Outlook
The demand for…
Ultrasound Systems Market to Surge to Nearly USD 20 Billion by 2035, Led by Adva …
The global Ultrasound Systems Market is on a strong growth trajectory, projected to rise from USD 10.8 billion in 2025 to approximately USD 19.7 billion by 2035, expanding at a CAGR of 6.2% during the forecast period. This growth is fueled by the rising demand for non-invasive diagnostic imaging, the increasing prevalence of chronic diseases, expanding healthcare infrastructure, and continuous technological innovations such as AI integration and portable imaging systems.
Key…
Surgical Staplers Market Is Forecasted To Reach USD 6.0 Billion In 2025 | Ethico …
The global Surgical Staplers Market is forecast to show strong growth over the next decade, nearly doubling in value as demand surges for efficient, reliable wound closure in advanced surgical procedures. According to the latest Fact.MR Surgical Staplers Market Size & Share Forecast Outlook 2025-2035 report, the market is expected to grow from USD 6.0 billion in 2025 to USD 12.5 billion by 2035, at a compound annual growth rate…
More Releases for Footwear
Industrial Safety Footwear Market By Product Type (Leather Footwear, Plastic Foo …
Industry Outlook and Trend Analysis
The Industrial Safety Footwear Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. Industrial footwear is intended for the security of laborers utilized in ventures, for example, construction, mining, transportation, oil & gas, pharmaceutical, chemicals, and manufacturing. The shift toward specialist security has made colossal interest for modern footwear in various businesses. Different progressing technological advancements,…
Industrial Footwear Market by Product Type (Waterproof Footwear, Leather Footwea …
Industrial footwear is designed for the safety of workers employed in industries such as mining, construction, oil & gas, transportation, pharmaceutical, manufacturing, and chemicals. The shift toward worker safety has created huge demand for industrial footwear in different industries.
Access Full Report: https://www.alliedmarketresearch.com/industrial-footwear-market
Various ongoing technological developments, such as use of lighter composite materials in the manufacturing of footwear, have resulted in increase in demand of these industrial footwear. Key players…
Footwear 2017 - Footwear Market (By Product Type: Athletic Footwear, Non-Athleti …
"Footwear Market (By Product Type: Athletic Footwear, Non-Athletic Footwear; By Gender: Men’ Footwear, Women’s Footwear, Kids’ Footwear) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect.
Description-
The global footwear industry has been experiencing rapid expansion, primarily due to rapid demand for new and innovative footwear products worldwide. Due to advancements in manufacturing…
Footwear Market By Type (Athletic footwear and non-athletic footwear) By Gender …
The footwear market in North America is being influenced by the introduction of new innovations and styles within the different categories of footwear. The rising count of athletes and the increasing shift towards staying fit and active are the major factors propelling the growth of the North America footwear market. The increasing sense of fashion in this region is also impacting the market positively. In addition, the increasing count of…
Footwear Market: Rising Demand for Trendy Yet Comfortable Footwear to Set the To …
The global footwear market is predominantly dictated by consumer trends. The surging demand for designer yet comfortable shoes among women and sportswear or athletic shoes among men have been bolstering opportunities for footwear sales. As per Transparency Market Research (TMR), this increasing focus on sportswear will bolster opportunities for the footwear market. The market also likely to gain from the proliferation of retail culture, which is expected to boost it…
North America Footwear Market By Type (Athletic footwear and non-athletic footwe …
The North America footwear market is categorized into athletic and non-athletic footwear. Athletic footwear refers to all kinds of footwear designed for sports purpose or for other forms of physical exercises which includes insert shoes, sports (Cross Training), hiking shoes and backpacking boots for men, women and children. Non-athletic footwear includes all kinds of footwear which can be classified into dress formal, casual footwear and fashion footwear.
Browse The Report:…
