Key Factor Supporting Athletic Footwear Market Development in 2025: Increasing Sports Tournaments Enhanced Athletic Footwear Market Growth

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How Large Will the Athletic Footwear Market Size By 2025?
The athletic footwear market has expanded steadily in recent years. It is set to grow from $85.25 billion in 2024 to $88.81 billion in 2025 at a CAGR of 4.2%. Historical growth was influenced by sporting events, urban lifestyles, sneaker culture, health and fitness awareness, and casual workwear trends.

How Big Is the Athletic Footwear Market Size Expected to Grow by 2029?
In the coming years, a significant growth in the athletic footwear market is projected, with its value expected to reach $113.39 billion in 2029, growing at a compound annual growth rate (CAGR) of 6.3%. Factors contributing to this growth in the forecast period include the production of sustainable and environment-friendly footwear, expansion in untapped markets, the rise in sports tourism and events, the blend of performance and lifestyle, as well as inclusivity and diversity. Key trends shaping the forecast period include the implementation of advanced technology, bespoke and personal options, special collaborations and exclusive edition launches, digital retail platforms and direct-to-consumer (DTC) avenues, the revival of retro and vintage fashion, coupled with fitness applications and wearable technology.

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Which Key Market Drivers Powering Athletic Footwear Market Expansion and Growth?
The athletic footwear market is set to grow, propelled by an increase in sports tournaments. These contests see vast numbers of participants brawl in particular structures to determine a champion. As more individuals partake in regional and local competitions, they strive to showcase their talents and create a global presence for their country. Both sports professionals and lovers involved in these tournaments must wear athletic footwear, creating a safer and more competitive setting. An example of this was in May 2023, as reported by the England and Wales Cricket Board (ECB) - the cricket governing body, that in 2022 nearly 2.6 million individuals played cricket, of which, around 1.4 million were under 16 years of age. The influx of young cricket enthusiasts was boosted by national programs of the ECB like All Stars Cricket and Dynamos Cricket. For the second year in a row in 2022, both schemes drew more than 100,000 participants, fostering growth in the sport among beginners. As a consequence, the upward tend in sports tournaments is anticipated to stimulate the development of the athletic footwear market during the projected period.

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Which Fast-Growing Trends Are Poised to Disrupt the Athletic Footwear Market?
The incorporation of recycled materials into athletic shoe production is an emerging trend garnering a significant buzz in the athletic footwear industry. Firms in this sector are channeling their efforts towards adopting recycled materials in shoes with the aim to decrease carbon emissions, and achieve the sustainable objectives of their businesses. For example, in April 2022, Decathlon S.A., a French company trading in sports equipment, introduced Traxium Compressor, a soccer shoe entirely made from recycled thermoplastic. This material was sourced from expired sporting goods like plastic balls, shoes, among other items.

What Are the Emerging Segments in the Athletic Footwear Market?
The athletic footwear market covered in this report is segmented -

1) By Product Type: Running Shoes, Sports Shoes, Trekking Or Hiking Shoes, Other Product Types
2) By End User: Men, Women, Kids
3) By Distribution Channel: Hypermarkets Or Supermarkets, Specialty Stores, Brand Outlets, Online Channels

Subsegments:
1) By Running Shoes: Road Running Shoes, Trail Running Shoes, Racing Flats, Cushioned Running Shoes
2) By Sports Shoes: Basketball Shoes: Soccer Cleats, Tennis Shoes, Training Shoes, Cross-Training Shoes
3) By Trekking Or Hiking Shoes, Lightweight Hiking Shoes: Mid-Cut Hiking Boots, Backpacking Boots, Approach Shoes
4) By Other Product Types: Casual Athletic Shoes: Lifestyle Sneakers, Slip-On Athletic Shoes, Sandals And Slides

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Who Are the Global Leaders in the Athletic Footwear Market?
Major companies operating in the athletic footwear market include Nike Inc., Adidas AG, Lining, VF Corporation, Puma SE, ANTA Sports Products Limited, Skechers USA Inc., Under Armour, New Balance Athletics Inc., Lotto Sport, Li-Ning Company Limited, ASICS Corporation, ASICSTIGER, Deckers Brands, Columbia Sportswear Company, Fila, Fila Korea Ltd., Mizuno Corporation, On AG, Brooks Running Company, ECCO Sko A/S, K-Swiss Inc., Diadora Sport S.p.A., Umbro, Keen Inc., Saucony, Warrior, Salomon, Tecnica Group S.p.A., La Sportiva, Vivobarefoot, Helly Hansen, Topo Athletic, Hummel International Sport & Leisure A/S

Which are the Top Profitable Regional Markets for the Athletic Footwear Industry?
North America was the largest region in the athletic footwear market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the athletic footwear market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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