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Athletic Footwear Market According to a new report published by Allied Market Research, titled, “athletic footwear market by type, end user, and distribution channel: global opportunity analysis and industry forecast, 2021–2030,”the global athletic footwear market was valued at $109.7 billion in 2020, and is projected to reach $165.0 billion by 2030, growing at a CAGR of 4.2% from 2021 to 2030. The running & walking shoes segment dominated the market in 2020, in terms of revenue. Changing paradigm of educational system supports growth of the sports industry and industries dependent on it. In addition, rise in sports education and sports training in academics has significantly increased awareness toward sports and fitness. Thus, many schools/educational institutes offer training to students, providing them an opportunity to compete in various sports competitions. In addition, busy and hectic lifestyle, coupled with growing instances of consumers choosing outdoor activities such as adventure sports to unwind or break monotony of their daily life boosts the athletic footwear market growth. Furthermore, initiatives taken by various governments in countries such asIndia, and Australia to promote sports, health, and fitness have led to increased consciousness about sports and sports-related products such as sport shoes, running &walking shoes, and tracksuits, which, in turn, drives growth of the market.
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Athletic Footwear Market
Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/1397 Frontrunners in the industry• • • • • • • • • •
Asics Corporation Adidas AG Puma VF Corporation Nike, Inc. FILA Korea, Ltd. New Balance, Inc. SKECHERS, Inc. K-Swiss, Inc. Wolverine World Wide, Inc.
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Athletic Footwear Market The athletic footwear market is segmented on the basis of type, end user, distribution channel, and region By type, it is categorized into sports, running, and walking shoes; hiking and backpacking shoes; and aerobic and gym wear shoes. Sports shoe segment is further categorized into tennis shoes, soccer shoes, basketball shoes, cricket shoes and others. By user, the market is segmented into men, women, and kids. On the basis of distribution channel the market is subdivided into hypermarkets/supermarkets, brand outlets, specialty stores and online channels. A tremendous drift in youth fashion trends has been witnessed, which may increase the demand for new products in the developing market. On the basis of region, the market is classified into North America, Europe, Asia-Pacific, and LAMEA.
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Athletic Footwear Market
Purchase this Report : https://www.alliedmarketresearch.com/checkoutfinal/845458733ce7809fe272fd8098fdeb35 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. • The men segment is the highest revenue-generating segment in the global athletic footwear market, followed by the women segment. • The soccer shoes segment is expected to be the fastest growing segment ofathletic footwear market, followed by basketball shoes segment. • The hypermarkets/super markets segment is the dominating distribution channel worldwide in athletic footwear market
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Athletic Footwear Market
Covid-19 scenario• The COVID-19 pandemic has a huge impact on the global athletic footwear market. • The COVID-19 pandemic had a significant impact on the supermarkets/hypermarkets segment, owing to closure of major distribution channels across the globe in an attempt to prevent the spread of coronavirus. • Manufacturers are comprehending strategies to revive from the current situation by means of reshaping their strategies as well as product innovation.
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Athletic Footwear Market 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.
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Athletic Footwear Market
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