Press release
Strong Growth Ahead: Skating Shoes Market Size To Grow At Arecord 4.8% Cagr By 2029
Skating Shoes Market Growth
How Big Is the Skating Shoes Market Size Expected to Be by 2034?
The skating shoes market has grown at a steady rate. It is forecasted to grow from $0.9 billion in 2024 to $0.94 billion in 2025, reflecting a CAGR of 4.9%. This growth has stemmed from celebrity collaborations, fashion tie-ins, popularity of skating competitions, influencer marketing, and expansion of skate parks.
The skating shoes market is expected to see steady growth, reaching $1.13 billion by 2029 at a CAGR of 4.8%. Factors contributing to growth include the rise in urban sports, increased health and fitness awareness, the growth of e-commerce, rising product customization, and the growing popularity of skateboarding. Key trends include technological integration in the design process, innovations in manufacturing techniques, new material usage, advancements in footwear design, and the development of smart skating shoes.
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What Are the Emerging Segments Within the Skating Shoes Market?
The skating shoes market covered in this report is segmented -
1) By Product Type: Roller Skating Shoes, Ice Skating Shoes, Skate Boarding Shoes, Other Product Types
2) By Closure Type: Laces, Velcro, Straps, Zippers
3) By Consumer Orientation: Men, Women
4) By Application: Sports, Lifestyle, Competition
5) By Distribution Channel: Multi-Brand Stores, Independent Small Stores, Online Retailers, Other Distribution Channels
Subsegments:
1) By Roller Skating Shoes: Quad Roller Skates, Inline Roller Skates
2) By Ice Skating Shoes: Figure Skates, Hockey Skates
3) By Skate Boarding Shoes: Street Skating Shoes, Park Skating Shoes, Freestyle Skate Shoes
4) By Other Product Types: Speed Skating Shoes, Artistic Skating Shoes, Roller Derby Skates
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What Long-Term Drivers Are Shaping Skating Shoes Market Trends?
The rising popularity of skating sports is expected to propel the growth of the skating shoes market. Skating sports like skateboarding, rollerblading, and ice skating are gaining popularity due to their accessibility and cultural influence. Skating shoes are designed to provide grip, durability, and safety for participants. According to the Australian Institute of Health and Welfare, in July 2024, approximately 276,000 Australians aged 15 and older participated in roller sports, including skateboarding and rollerblading. Therefore, the growing interest in skating sports is driving the demand for skating shoes.
Who Are the Top Competitors in Key Skating Shoes Market Segments?
Major companies operating in the skating shoes market are Louis Vuitton, Nike Inc., Adidas Group, PUMA SE, Under Armour Inc., ASICS Corporation, Reebok International Ltd., New Balance Athletics Inc., Converse Inc., K2 Sports LLC, Vans, Woodland, Cariuma, Rollerblade, Roller Derby Skate Corporation, Mesuca Sports Guangdong, Sure-Grip International, Cougar Shoes Inc., Skorpion Sports Ltd., Riedell, Roces S.r.l., Powerslide Sportartikelvertriebs GmbH
What Are the Major Trends Shaping the Skating Shoes Market?
In the skating shoes market, companies are focusing on innovative products like mesh-material shoes to improve performance and meet customer preferences. An example is Nike Inc.'s launch of the Day One skate shoe in April 2024, designed for children, which reduces weight, integrates suede and mesh for durability and breathability, and includes a Zoom Air unit for cushioning during high-impact moves.
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Which Regions Are Becoming Hubs for Skating Shoes Market Innovation?
North America was the largest region in the skating shoes market in 2024. The regions covered in the skating shoes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Skating Shoes Market?
2. What is the CAGR expected in the Skating Shoes Market?
3. What Are the Key Innovations Transforming the Skating Shoes Industry?
4. Which Region Is Leading the Skating Shoes Market?
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