openPR Logo
Press release

Athletic Footwear Market - Leading Growth Drivers, Emerging Technologies and Analysis Segmented by Applications, Key Players, Future Trends and Growth Prospects to 2023

03-29-2018 01:43 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Infinium Global Research

Athletic Footwear Market - Leading Growth Drivers, Emerging

Athletic footwear is shoes designed for those who indulge in sporting and fitness activities. However, these days it finds more usage as casual footwear. It is also known as sneakers, trainers and sport shoes. Athletic footwear is made from flexible and lightweight materials. The soles are made from rubber and synthetic materials. Spikes are provided on the soles of certain athletic footwear as per the requirement of the particular sporting activity. Athletic footwear protects the foot plantar surface, provides traction and motion control. Athletic footwear provides midsole foot cushioning, which reduces stress on ankles, heel and toes while running. Athletic footwear provides arch support, helps in prevention of injuries, helps in fixing over pronation, helps in fixing supination and improves the athletic performance. Various manufacturers are making athletic footwear by using recycled plastics and biodegradable materials, as part of their ecofriendly initiatives. Athletic footwear finds applications in sporting activities such as athletics, baseball, basketball, boxing, cricket, cycling, football, hockey, ice hockey among others. Athletic footwear also finds applications for gym activities, hiking, backpacking, running, walking, leisure activities, and casual use among others.

Get Sample Copy of this Report: https://www.infiniumglobalresearch.com/reports/sample_request/65

Market Insights

Adidas AG, Nike Inc, Puma SE, Reebok Inc, New Balance and some other major players dominate the global athletic footwear market. Heavy investments in research & development, brand building, product innovation& regular product launches and advertisement &marketing campaigns, improvement in distribution channels and e-commerce sales, and the use of advanced materials & technologies for new products characterizes the global athletic footwear market.

Adoption of advanced technologies, high quality advanced raw materials and introduction of various types of footwear for different uses are driving the growth of the global athletic footwear market. The inclination of consumers towards healthy lifestyle and rising disposable income are driving the demand for the athletic footwear for casual, fitness and sporting purposes. Moreover, the growing interest among people towards fitness, adventurous and sporting activities is generating demand for various type of athletic footwear to cope up with the demands of those activities. The increasing number of sporting events in a year is anticipated to drive the demand for athletic footwear from sportspersons. The increasing demand for athletic footwear as casual or fashion wear is driving the growth of the athletic footwear market. The establishment of strong distribution channels and the expansion of e-commerce to smaller cities and towns are driving the growth of the global athletic footwear market. Use of 3-D printing technology and lightweight materials are anticipated to enhance the growth of the market, aslocalized manufacturing at shorter timeframe and better customization of products to suit the customers’ needs will be possible. The growing popularity of sporting events, huge investments by sporting franchises and the athletic footwear manufacturers to promote the stars and their brands are influencing the customers to buy replica apparels, athletic footwear and other gears. Men’s segment dominates the global athletic footwear market with a share of more than half of the overall sales. Due to the increasing awareness about the need for ecofriendly products, the use of recycled plastics and biodegradable materials for manufacturing are anticipated to drive the growth of the global footwear during the forecast period.

For More Enquiry on This Report: https://www.infiniumglobalresearch.com/reports/enquiry/65

The availability of counterfeit products is restraining the growth of the market, as it affects the brand and the revenue of the manufacturers. The increasing prices of the raw materials are hindering the growth of the market. The increasing competition from the smaller and local manufacturers is a major restraint for the major players in the market. Growing environmental concerns about the use of synthetic rubber is a major challenge for the market. There are opportunities for the major players in the market to expand in the casual and fashionable athletic footwear segments. The eco-friendly products are expected to provide growth opportunities for major players in the athletic footwear market during the forecast period 2017-2023.

Segments Covered

The report covers the analysis of global as well as regional markets of athletic footwear market. Moreover, the global athletic footwear market is segmented by end user, by distribution channel and by product type. The global athletic footwear market by end user covers kids, men and women. On the basis of distribution channel, the market is segmented as athletic and sports goods stores, branded sports apparel stores, shoe stores and online stores among others. Based on product type, the market is segmented as back packing shoes, hiking shoes, insert shoes and sports shoes among others.

Geographies covered

The global athletic footwear market covers the analysis of geographies such as North America, Europe, Asia-Pacific and RoW. In this section, the key trends and market size for each region is provided over the period of 2017 – 2023.

Among geographies, Asia-Pacific is the largest athletic footwear market with a global share of more than 40% and it is anticipated to be the fastest growing market in terms of CAGR over the forecast period 2017-2023. Presence of huge aspiring young middle class population with interest in fashion wear and sporting products drives the growth of the Asia-Pacific athletic footwear market. Europe is the second largest athletic footwear market and it is expected to grow significantly due to the presence of huge number of sporting events, sporting clubs and dedicated fan following. North America is expected to attain moderate growth rates due to the increasing raw material cost, higher labor cost as well as stiff competition among manufacturers.

Companies Profiled

The companies covered in the report include manufacturers of global athletic footwear market include Adidas AG, Asics Corporation, Converse, FILA, New Balance , Nike Inc, Puma SE ,Reebok Inc, Skechers, Under Armour, Vans, VF Corp, and Wolverine Worldwide Inc.

Complete report at: https://www.infiniumglobalresearch.com/consumer_goods_packaging/athletic_footwear_market

Report Highlights:

The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of athletic footwear globally as well as regionally. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider.

Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the athletic footwear market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors of the athletic footwear market to understand the present and future trends in this market and formulate their strategies accordingly.

About Us

Infinium Global Research and Consulting Solutions is started with a single motto of being business partner of first choice. We at Infinium work on the strengths of our clients to ensure we help them consolidate their market position. We firmly believe in the fact that ‘if you are able to develop newer opportunities then you find there is no dearth of opportunities for you. With our strategic research approaches and deep dive in the market segments, we try to find out new opportunities that our clients can encash with their existing resources. Our experts with over 100 years of cumulative experience in research offer the best in the industry services to our clients to ensure that they achieve their business goals.

Contact Us

Infinium Global Research,
Toll Free:
U.S. + Canada: 1-800-638-0796,
Website : https://www.infiniumglobalresearch.com
Email: sales@infiniumglobalresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Athletic Footwear Market - Leading Growth Drivers, Emerging Technologies and Analysis Segmented by Applications, Key Players, Future Trends and Growth Prospects to 2023 here

News-ID: 997956 • Views: 148

More Releases from Infinium Global Research

Amidst of COVID-19 Outbreak, Infinium Extends Its Support to the Industry by Off …
We understand that industries are affected worse than before. The global outbreak of Coronavirus has brought all of us to stand still and have negatively impacted the companies and industries financially and non-financially. Get Discount on Research Report@ https://www.infiniumglobalresearch.com/contact-form What we assure the industries is that they must not panic about the situation as we believe that every cloud has a silver lining. We will surely bounce back and hit the
Genome Engineering Market: Global Industry Analysis, Trends, Market Size and For …
Our latest research report entitled Genome Engineering Market (by technology (clustered regularly interspaced short palindromic repeats, and other), application (cell line engineering, animal genetic engineering, and other) and end-user (biotechnology & pharmaceutical companies, academic & government research institutes and others)) provides complete and deep insights into the market dynamics and growth of Genome Engineering. Latest information on market risks, industry chain structure Genome Engineering cost structure and opportunities are offered
Computed Tomography Market 2018 : Global Industry Growth, Opportunities, Consump …
Our latest research report entitled Computed Tomography Market (by application (cardiovascular, oncology, diagnostics, neurology, and spinal application), types (low slice, medium slice, and high slice), end- user (diagnostic services, hospitals and clinics)) provides complete and deep insights into the market dynamics and growth of Computed Tomography. Latest information on market risks, industry chain structure Computed Tomography cost structure and opportunities are offered in this report. The past, present and forecast
Global Protein Ingredients Market – Invention Analysis, Size, Share, Evolution …
Our latest research report entitled Protein Ingredients Market (by source (animal source and plant source), application (food & beverage, cosmetics & personal care, infant formulations animal feed and pharmaceuticals)) provides complete and deep insights into the market dynamics and growth of Protein Ingredients. Latest information on market risks, industry chain structure Protein Ingredients cost structure and opportunities are offered in this report. The past, present and forecast market information will

All 5 Releases


More Releases for Athletic

Sports Nutritional Supplements: Focusing on Athletic Needs!
ResearchMoz present a comprehensive research report namely "Global Sports Nutritional Supplements Market Research Report 2019" which reveals an extensive analysis of global industry by delivering the detailed information about Forthcoming Trends, Customer’s Expectations, Technological Improvements, Competitive Dynamics and Working Capital in the Market. This is an in-depth study of the market enlightening key forecast to 2025. The global Sports Nutritional Supplements market is valued at million US$ in 2018 is expected
Athletic Footwear Market Global Business Overview 2019
Global Athletic Footwear Market reports are thorough analysis a careful investigation of around the world which enables the client to assess the long haul based request and predicts exact executions. The development rate which is really anticipated relying upon the scholarly examination gives thorough data on the overall Athletic Footwear industry. Access Full Information @ http://researchreport.biz/global-athletic-footwear-market/ The drivers and restrictions are really assembled after the entire consciousness of the worldwide industry
Athletic Shoes 2019 Global Market Key Players – Zamberlan, Deckers, Saucony, T …
Athletic Shoes Market 2019     Wiseguyreports.Com Adds “Athletic Shoes – Global Market Growth, Opportunities, Analysis Of Top Key Players And Forecast To 2023” To Its Research Database. Description:  The Athletic Shoes market revenue was xx.xx Million USD in 2013, grew to xx.xx Million USD in 2017, and will reach xx.xx Million USD in 2023, with a CAGR of x.x% during 2018-2023. Based on the Athletic Shoes industrial chain, this report mainly elaborate the definition, types, applications and
FlexPulse – A Flexible PEMF device for Athletic Performance Enhancement
Using advanced Pulsed Electromagnetic Fields, the FlexPulse is a versatile wearable device that enhances athletic performance. Endorsed by Dr. William Pawluk, MD, who appeared on the Dr. OZ show in 2011 and is one of the most well-known PEMF therapists in the world, the FlexPulse is one of the most powerful and affordable consumer PEMF devices. Pulsed Electromagnetic Fields (PEMF) have been proven to enhance the human potential by affecting
Global Athletic Footwear Market Research Report 2017
Qyresearchreports include new market research report "Global Athletic Footwear Market Research Report 2017" to its huge collection of research reports. The global Athletic Footwear market is forever evolving, and hence several factors will define the future prospects. This report has been created to serve as a dependable business document for the stakeholders attached to the value chain of the global Athletic Footwear market, analyzing all the important factors, catching the latest
GLOBAL Athletic Footwear MARKET REPORT 2017
Athletic Footwear Covered In This Report: This report studies the Athletic Footwear market status and outlook of global and major regions, from angles of players, regions, product types and end industries; this report analyzes the top players in global and major regions, and splits the Athletic Footwear market by product type and applications/end industries. The global Athletic Footwear market is valued at XX million USD in 2016 and is