Athletic Footwear Market

1. Athletic Footwear Market Athletic Footwear Market is Expected to Grow at a CAGR of 2.1% by 2022, Globally Download Report Sample

2. The end users comprise men, women, and kids. The men segment occupied a prominent share of 52.5% in the global athletic footwear industry, followed by the women segment in 2015. The huge consumer base of men segment enabled it to acquire the largest market share in the global athletic footwear market. The kids segment is anticipated to witness the fastest CAGR of 2.4% during the forecast period. Moreover, penetration of athletic footwear is expected to increase amongst women in developing countries owing to increasing consciousness towards health and fitness.  Athletic Footwear Marketreport, published by Allied Market Research, forecasts that the global market is expected to garner $114.8 billion by 2022, growing at a CAGR of 2.1% during the period 2016 - 2022. Asia-Pacific accounted for the highest revenue in 2015, followed by Europe. Athletic Footwear Market Download Report Sample

3. The segmentation by type includes sports shoes, running & walking shoes, hiking & backpacking shoes, and aerobic & gym wear shoes. Running & walking shoes accounted for the maximum market share of 40.7% in 2015, due to their widespread adoption as daily wear shoes by consumers, worldwide. North America exhibited the highest penetration of aerobic and gym wear shoes in 2015, owing to consumers involvement in gym and dance classes in countries such as the U.S. and Canada. Within the sport shoes category, soccer accounted for the momentous market share of 28.5% in 2015, due to growing popularity of the sport across the globe. Download Report Sample Pdf: https://www.alliedmarketresearch.com/request-sample/1397 Athletic Footwear Market Download Report Sample

4. Athletic Footwear Market Athletic footwear refers to those shoes that are designed for sports and other outdoor activities. Yet, the global consumption volume indicates a trend of these being used as casual and fashion footwear by people of all age groups. The market offers a variety of footwear with options in color, design, and price to cater to the needs and purchasing abilities of individual customers. Sales expansion through online channels, innovative product launches, and attractive marketing and promotional strategies that are adopted by the companies have fueled the growth of the athletic footwear market size. The market is highly competitive with players making huge investments in marketing channels and brand building. This highlights their presence and helps establish their brand value to attract an increased volume of consumers. There are numerous small-scale manufacturers that offer tough competition to the athletic footwear giants. Increasing environmental concerns over synthetic rubber and the rise in raw material prices have emerged as major challenges for the market. Download Report Sample

5. E-commerce, or electronic commerce, which involves buying and selling products and services exclusively through electronic channels, has a huge demand globally. The most well-known form of e-commerce is online shopping. E-commerce has simplified the purchasing process for consumers by making it easier and more convenient. Online shopping is more popular in developed countries, such as America and Japan, compared with developing countries such as India and China. The current retail scenario is different from what it was ten years earlier. The industry has a huge opportunity owing to the emergence of e-commerce, which makes shopping simpler, easier, and more convenient. For instance, six out of the ten largest U.S. retailers in 1990 paved the way for new players, such as Amazon.com, Costco, and Walgreens. • Get detailed COVID-19 impact analysis on the Athletic Footwear Market: https://www.alliedmarketresearch.com/request-for-customization/1397?reqfor=covid Athletic Footwear Market Download Report Sample

6. Asia-Pacific would lead the market throughout the analysis period, followed by Europe. The market in APAC is expected to witness the highest growth driven by the increasing disposable income, rising health awareness, and increasing demand for fashion footwear. • Key Findings Of The Study • Asia-Pacific is a lucrative market in terms of growth on account of increasing disposable income, rising health awareness, and increasing demand for fashionable athletic footwear • Men segment is the highest revenue-generating segment in the global athletic footwear market followed by the women segment • Tennis shoes are expected to be the fastest moving shoes segment within the sport shoes market, followed by soccer shoes Athletic Footwear Market Download Report Sample

7. Product launches, joint ventures, partnerships, and acquisitions and mergers have been the key growth strategies used by existing market players to increase their business and market share. The key companies profiled include Asics Corporation, Adidas AG and Puma SE, VF Corporation, Nike, Inc., FILA, Inc., New Balance, Inc., Skechers Inc., K-Swiss, and Wolverine World Wide, Inc. Inquire or Share Your Questions If Any Before the Purchasing This Report: @ https://www.alliedmarketresearch.com/purchase-enquiry/1397 Athletic Footwear Market Download Report Sample

8. About Allied Market Research: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting services to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Athletic Footwear Market Download Report Sample

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