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Skating Shoes Industry Outlook 2025-2029: Market Set to Cross $1.13 Billion Milestone
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Skating Shoes Market Size By 2025?
The value of the skating shoes market has consistently increased over the past few years. The growth is forecasted to rise from $0.9 billion in 2024 to $0.94 billion in 2025, with a compound annual growth rate (CAGR) of 4.9%. The historic growth in the market size owes to factors like increased endorsements by celebrities, partnerships with fashion brands, skating competitions, growing influence of social media and influencers, and an increase in skate parks.
How Big Is the Skating Shoes Market Size Expected to Grow by 2029?
In the forthcoming years, the market size for skating shoes is projected to experience continuous growth, reaching $1.13 billion in 2029 with a CAGR of 4.8%. The anticipated growth during this forecasting period can be traced back to enhancements in urban sports, a surge in awareness related to health and fitness, expanding e-commerce progress, escalating product customization, and the growing fame of skateboarding. The prominent trends for the anticipated period include technological incorporation, progress made in manufacturing processes, utilization of new materials, technological evolution in footwear styling, and advanced skating shoes.
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Which Key Market Drivers Powering Skating Shoes Market Expansion and Growth?
The escalating interest in skate sports is predicted to stimulate the expansion of the skate shoes market. Skate sports encompass athletic events that incorporate the use of skates, like skateboarding, inline skating, and ice skating. The rising appeal of these sports can be attributed to their ease of access, cultural prominence, and the continuous development of skatepark facilities. Skate shoes offer strength, durability, and the necessary shock absorption required for agility and safety in skate sports. For example, data from the Australian Institute of Health and Welfare, a government statutory authority in Australia, revealed that around 276,000 Australians aged 15 and above engaged in roller sports, including skateboarding, rollerblading, and non-motorized scooting, in the period of 2021-22. Consequently, the escalating popularity of skate sports is fuelling the expansion of the skate shoes market.
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Which Fast-Growing Trends Are Poised to Disrupt the Skating Shoes Market?
Leading enterprises in the skating shoes market have been concentrating on creating cutting-edge products, such as shoes made from mesh materials, in order to strengthen performance and satisfy the changing demands of consumers. Mesh materials shoes are lightweight, breathable textiles frequently utilized for improved circulation and comfort. For example, in April 2024, Nike Inc., an American footwear company, unveiled Day One, a skate shoe designed to offer children a steady and fortified experience. The shoe reduces heaviness by removing surplus foam, adds suede overlays and mesh sections for increased longevity and breathability, and features a noticeable Zoom Air unit in the heel for superior padding during high-impact activities.
What Are the Emerging Segments in 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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Who Are the Global Leaders in the Skating Shoes Market?
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
Which are the Top Profitable Regional Markets for the Skating Shoes Industry?
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.
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