Global Baseball Shoes Market Rising Demand Leads to Sustained Growth during the Period 2017-2022

Fact.MR’s latest study reveals that the global market for baseball shoes will expand at a moderate pace during 2017 and 2022. As per the study, the global baseball shoes market is poised to reach a valuation in excess of US$ 4,500 Mn by the end of 2022.

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The report offers an overview of the baseball shoes market. This comprises an introduction to the market, along with a standard definition of the product – baseball shoes. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.

The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.

In order to offer readers with up-to-date information about the latest advancements in the global baseball shoes market, the report provides updates about market opportunities, which can benefit leading manufacturers of baseball shoes. With continuous evolution of the sporting goods & accessories industry, keeping a record of latest developments and trends is fundamental for baseball shoes manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.

Global Market for Baseball Shoes – Key Insights

1) North America will continue to be one of the attractive market for baseball shoes in 2017 and beyond. There is an overwhelming popularity of baseball in the North America region particularly in the U.S. Moreover, the massive fan-following of baseball clubs in the U.S. is an underlining factor behind the increasing sales of various types of baseball equipment including baseball shoes. This, in turn, is expected to propel the growth of the baseball shoes market in the region.
2) Based on product type, the metal cleats segment will retain its top position over 2022. The segment presently represents more than one-third share of the global market in terms of revenue. Towards the end of 2022, the metal cleats segment is anticipated to reach a valuation of over US$ 2,000 Mn. Meanwhile, the plastic molded segment is expected to hold the second position during the forecast period.
3) On the basis of design style, the low height baseball shoes segment will remain dominant throughout the assessment period. The segment presently commands for nearly two-third revenue share of the market. By 2022-end, the low height baseball shoes segment is projected surpass a market valuation of US$ 3,100 Mn.
4) By sales channel, the modern trade segment is expected to remain highly lucrative. The segment currently represents around 25% market share in terms of revenue and the figure is unlikely to alter to a significant level in the forthcoming years.

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Metal Cleat Baseball Shoes will Remain Highly Preferred
By product type, demand for metal cleat baseball shoes will remain strong in 2017 and beyond. Global sales of metal cleat baseball shoes currently command for close to 44% revenue share of the global market. By the end of 2022, over US$ 2,000 Mn worth metal cleat baseball shoes are expected to be sold across the globe.

Competition Tracking
The Fact.MR report also gives detailed information about leading companies that are currently active in the global baseball shoes market, which include Under Armour, Nike, Adidas, Mizuno Corporation, New Balance INC, Easton Sports, Inc., Skechers, INC, and ASICS Corporation

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This release was published on openPR.