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Athletic Footwear Market Size to Surpass US$ 173.5 Billion by 2032 | With a of 4% CAGR

01-30-2024 08:48 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Athletic Footwear Market Size to Surpass US$ 173.5 Billion

IMARC Group's report titled "๐€๐ญ๐ก๐ฅ๐ž๐ญ๐ข๐œ ๐…๐จ๐จ๐ญ๐ฐ๐ž๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž (๐€๐ž๐ซ๐จ๐›๐ข๐œ ๐’๐ก๐จ๐ž๐ฌ, ๐‘๐ฎ๐ง๐ง๐ข๐ง๐  ๐’๐ก๐จ๐ž๐ฌ, ๐–๐š๐ฅ๐ค๐ข๐ง๐  ๐’๐ก๐จ๐ž๐ฌ, ๐“๐ซ๐ž๐ค๐ค๐ข๐ง๐  ๐š๐ง๐ ๐‡๐ข๐ค๐ข๐ง๐  ๐’๐ก๐จ๐ž๐ฌ, ๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐’๐ก๐จ๐ž๐ฌ), ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ (๐’๐ฎ๐ฉ๐ž๐ซ๐ฆ๐š๐ซ๐ค๐ž๐ญ๐ฌ ๐š๐ง๐ ๐‡๐ฒ๐ฉ๐ž๐ซ๐ฆ๐š๐ซ๐ค๐ž๐ญ๐ฌ, ๐’๐ฉ๐ž๐œ๐ข๐š๐ฅ๐ญ๐ฒ ๐’๐ญ๐จ๐ซ๐ž๐ฌ, ๐๐ซ๐š๐ง๐ ๐Ž๐ฎ๐ญ๐ฅ๐ž๐ญ๐ฌ, ๐Ž๐ง๐ฅ๐ข๐ง๐ž ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ๐ฌ), ๐„๐ง๐ ๐”๐ฌ๐ž๐ซ (๐Œ๐ž๐ง, ๐–๐จ๐ฆ๐ž๐ง, ๐Š๐ข๐๐ฌ), ๐š๐ง๐ ๐‘๐ž๐ ๐ข๐จ๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ", offers a comprehensive analysis of the industry, which comprises insights on the global athletic footwear market report. The globalย market size reached US$ 121.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 173.5 Billion by 2032, exhibiting a growth rate (CAGR) of 4% during 2024-2032.

๐…๐จ๐ซ ๐š๐ง ๐ข๐ง-๐๐ž๐ฉ๐ญ๐ก ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐ฒ๐จ๐ฎ ๐œ๐š๐ง ๐ซ๐ž๐Ÿ๐ž๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/athletic-footwear-market/requestsample

๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐€๐Ÿ๐Ÿ๐ž๐œ๐ญ๐ข๐ง๐  ๐ญ๐ก๐ž ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐Ÿ ๐ญ๐ก๐ž ๐€๐ญ๐ก๐ฅ๐ž๐ญ๐ข๐œ ๐…๐จ๐จ๐ญ๐ฐ๐ž๐š๐ซ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ข๐ง๐  ๐‡๐ž๐š๐ฅ๐ญ๐ก ๐€๐ฐ๐š๐ซ๐ž๐ง๐ž๐ฌ๐ฌ:

With rising concerns about sedentary lifestyles and associated health issues, people are actively seeking ways to incorporate physical activity into their daily routines. This shift towards a more active lifestyle necessitates appropriate footwear, such as athletic shoes, which provide the necessary support and comfort for exercise. Governments, healthcare organizations, and fitness professionals are actively promoting the benefits of regular physical activity for overall well-being. This, in turn, is encouraging individuals to engage in activities like jogging, walking, and going to the gym, which require suitable athletic footwear.

๐…๐š๐ฌ๐ก๐ข๐จ๐ง ๐š๐ง๐ ๐‹๐ข๐Ÿ๐ž๐ฌ๐ญ๐ฒ๐ฅ๐ž ๐“๐ซ๐ž๐ง๐๐ฌ:

Athletic shoes are no longer confined to the gym or sports fields. They have become fashion staples, with people incorporating them into their everyday attire. This shift is catalyzing the demand for stylish and trendy athletic footwear that complements various outfits. Celebrities and fashion influencers often promote sport athletic footwear in their daily lives and on social media. Their endorsements and style choices influence consumer preferences, driving the popularity of specific athletic shoe brands and designs.

๐ˆ๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ:

Ongoing research and development (R&D) activities are leading to the creation of athletic footwear with improved cushioning, arch support, and shock absorption. These innovations provide athletes and consumers with enhanced comfort during physical activities. The use of lightweight materials, such as advanced foams and synthetic fabrics, reduces the overall weight of athletic shoes. This not only improves performance but also enhances the overall comfort and agility of wearers. In addition, advancements in 3D printing and scanning technology enable footwear brands to offer customization options.

๐‹๐ž๐š๐๐ข๐ง๐  ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐Ž๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐†๐ฅ๐จ๐›๐š๐ฅ ๐€๐ญ๐ก๐ฅ๐ž๐ญ๐ข๐œ ๐…๐จ๐จ๐ญ๐ฐ๐ž๐š๐ซ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

Adidas AG
ASICS Corporation
FILA Holdings Corp
K-Swiss Inc.
New Balance Inc.
Nike Inc.
Puma SE
Reebok International Ltd.
Saucony
SKECHERS Inc.
Under Armour Inc.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Ÿ๐ฎ๐ฅ๐ฅ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐ญ๐š๐›๐ฅ๐ž ๐จ๐Ÿ ๐œ๐จ๐ง๐ญ๐ž๐ง๐ญ๐ฌ: https://www.imarcgroup.com/athletic-footwear-market

๐€๐ญ๐ก๐ฅ๐ž๐ญ๐ข๐œ ๐…๐จ๐จ๐ญ๐ฐ๐ž๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž:

Aerobic Shoes
Running Shoes
Walking Shoes
Trekking and Hiking Shoes
Sports Shoes

Running shoes represented the largest segment due to the increasing emphasis on fitness and running as a popular form of exercise.

๐๐ฒ ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ:

Supermarkets and Hypermarkets
Specialty Stores
Brand Outlets
Online Channels

Specialty stores accounted for the largest market share as they offer a wide range of athletic footwear options.

๐๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž๐ซ:

Men
Women
Kids

Men hold the biggest market share due to their participation in competitive sports, fitness training, and bodybuilding.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Asia Pacific enjoys the leading position in the athletic footwear market on account of its large population and increasing disposable incomes.

๐†๐ฅ๐จ๐›๐š๐ฅ ๐€๐ญ๐ก๐ฅ๐ž๐ญ๐ข๐œ ๐…๐จ๐จ๐ญ๐ฐ๐ž๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

Increasing consumer awareness about environmental issues is catalyzing the demand for sustainable athletic footwear made from eco-friendly materials and manufacturing processes. People are relying on e-commerce platforms to purchase athletic footwear due to convenience and a wider selection of athletic footwear.

Advancements in materials like recycled plastics, bio-fabrics, and plant-based materials are being incorporated into athletic footwear to improve performance and reduce environmental impact.

๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐ˆ๐Œ๐€๐‘๐‚ ๐†๐ซ๐จ๐ฎ๐ฉ:

๐๐š๐›๐ฒ ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/baby-oil-market
๐–๐š๐ญ๐ž๐ซ ๐๐จ๐ฅ๐จ ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/water-polo-equipment-market
๐…๐ž๐ฆ๐ข๐ง๐ข๐ง๐ž ๐–๐ข๐ฉ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/feminine-wipes-market
๐‹๐ฎ๐ฑ๐ฎ๐ซ๐ฒ ๐†๐จ๐จ๐๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/luxury-goods-market
๐Š๐ข๐œ๐ค๐›๐จ๐ฑ๐ข๐ง๐  ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/kickboxing-equipment-market
๐๐ฅ๐š๐œ๐ค๐จ๐ฎ๐ญ ๐…๐š๐›๐ซ๐ข๐œ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/blackout-fabric-market
๐‚๐š๐ฌ๐ก๐ฆ๐ž๐ซ๐ž ๐‚๐ฅ๐จ๐ญ๐ก๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/cashmere-clothing-market
๐“๐ž๐ง๐ง๐ข๐ฌ ๐’๐ก๐จ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/tennis-shoes-market

๐๐จ๐ญ๐ž: ๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ง๐ž๐ž๐ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐’:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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According to a new report published by Allied Market Research, titled, "Motorcycle Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, by Propulsion Type, by Price Range : Global Opportunity Analysis and Industry Forecast, 2021-2031." The global motorcycle market size was valued at $105.52 billion in 2021, and is projected to reach $233.51 billion by 2031, registering a CAGR of 8.6% from 2022 to 2031. ๐†๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐žโ€ฆ
Proteomics Market Soars: From $23.7 Billion to $98 Billion by 2031
According to a new report published by Allied Market Research, titled, "Proteomics Market," The Proteomics Market Size was valued at $23,654.34 million in 2021, and is projected to reach $98,051.83 million by 2031, growing at a CAGR of 15.2% from 2022 to 2031. Proteomics studies the interactions, functions, compositions, and structures of proteins and their cellular activities. Proteomics provides a better understanding of the structure and function of the organism thanโ€ฆ