Market Insights & Analysis: The Global Athletic Footwear Market (2024-30):
MarkNtel Advisors has published a research report on the Global Athletic Footwear Market for the forecast years, 2024-30. This research is a dependable reference for assessing historical and future data, developmental trends, and prevailing industry catalysts. Recognizing the growing demand for market research across various sectors, a comprehensive study has been formulated addressing diverse topics. Through qualitative and quantitative data, this report effectively covers key alterations, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges.
Global Athletic Footwear Market Overview:
According to the latest report from MarkNtel Advisors, The Global Athletic Footwear Market size was valued at around USD 135 billion in 2023 and is expected to grow at a compound annual growth rate or CAGR of 4% from 2024-30. This comprehensive analysis contains key insights into market trends, size, projections, growth catalysts, challenges, and competitor assessments.
The report offers an in-depth evaluation of the Global Athletic Footwear Market, presenting the latest developments and providing an overview of the current market scenario. With markets gradually recovering from the impact of the pandemic, there is a notable stabilization or even an increase in disposable income in developing nations, driving the market’s momentum.
Global Athletic Footwear Market Opportunity:
Companies Taking up Sustainable Revolution & Recycled Raw Material – Nowadays, there is a shift towards sustainability & eco-friendly production to reduce or limit carbon footprint. Thus, many of the organizations globally are taking several initiatives and producing athletic footwear using sustainable & recycled materials. For instance, Nike Pegasus Turbo Next Nature is made with 50% recycled material & has 100% recycled Flyknit yarns in its upper for a snugger fit. Consequently, the diversion of the footwear manufacturers towards sustainable & recycled material would create an opportunistic arena for the growth of the Athletic Footwear Market during 2024-30.
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Global Athletic Footwear Market Segmentation Analysis:
This thorough analysis of the Global Athletic Footwear Market facilitates the identification of significant market factors. The report delves into key market segments and the regional analysis outlined within this research, which will significantly aid industry players in refining their consumer targeting, strategic positioning, and overall business expansion efforts. The Market exhibits a high degree of fragmentation, categorizing into distinct segments as follows:
By Type of Footwear
-Aerobic Shoes – Market Size & Forecast, 2019-2030 (USD Million)
-Running Shoes – Market Size & Forecast, 2019-2030 (USD Million)
-Walking Shoes – Market Size & Forecast, 2019-2030 (USD Million)
-Trekking & Hiking Shoes – Market Size & Forecast, 2019-2030 (USD Million)
-Sports Shoes – Market Size & Forecast, 2019-2030 (USD Million)
By Sport Type
-Cricket – Market Size & Forecast, 2019-2030 (USD Million)
-Football – Market Size & Forecast, 2019-2030 (USD Million)
-Tennis – Market Size & Forecast, 2019-2030 (USD Million)
-Basketball – Market Size & Forecast, 2019-2030 (USD Million)
-Other – Market Size & Forecast, 2019-2030 (USD Million)
By End User
-Men – Market Size & Forecast, 2019-2030 (USD Million)
-Women – Market Size & Forecast, 2019-2030 (USD Million)
-Children – Market Size & Forecast, 2019-2030 (USD Million)
By Price Range
-Up to USD 25 – Market Size & Forecast, 2019-2030 (USD Million)
-USD 26 to 50 – Market Size & Forecast, 2019-2030 (USD Million)
-USD 51 to 100 – Market Size & Forecast, 2019-2030 (USD Million)
-Above USD 100 – Market Size & Forecast, 2019-2030 (USD Million)
By Sales Channel
-Supermarkets & Hypermarkets – Market Size & Forecast, 2019-2030 (USD Million
-Brand Outlets – Market Size & Forecast, 2019-2030 (USD Million)
-Sports Goods Stores – Market Size & Forecast, 2019-2030 (USD Million)
-Online- Market Size & Forecast, 2019-2030 (USD Million)
-Others
By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific.
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Analysis of Global Athletic Footwear Market Share:
The competitive landscape of the Global Athletic Footwear Market is dissected through a thorough competitor analysis. This includes detailed insights into each company’s profile, financial performance, market share, potential, Research and Development (R&D) investments, recent market initiatives, reach, strengths and weaknesses, as well as product/service launches and dominance. The information outlined above offers a comprehensive overview of the prominent market players, including,
Adidas AG, Nike Inc., PUMA SE, ASICS Corporation, Fila Inc., Under Armour Inc., Li-Ning Company Limited, Skechers USA, Inc., Reebok International Ltd., New Balance Athletics, Inc., Brooks Sports, Inc., VF Corporation, US Polo Association, Xtep International Holdings Ltd, 361 Degrees International Ltd, Qiaodan Sports Co Ltd, and Others.
Frequently Asked Questions (FAQs)
- What key forces are steering the dynamics of the Global Athletic Footwear Market?
- What potential opportunities and obstacles can be identified on the horizon?
- How might regulatory changes impact the Global Athletic Footwear industry’s trajectory?
- What are the anticipated technological advancements shaping the future of the Global Athletic Footwear Market?
- Who are the key players profiled in the Global Athletic Footwear Market research report?
- What is the estimated valuations in USD, and CAGR for the forecast years?
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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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