Athletic footwear are the products worn by athletes and are special purpose footwear. The global athletic footwear market is driven by various benefits associated with athletic footwear. These products provide enhanced foot protection, improved functionality as per sport, easy movement, foot control, cushioning as well as heel stabilization. Europe region is considered to be the most lucrative region for the growth of the global athletic footwear market. The report, compiled by Fact.MR, provides in-depth analysis of the global athletic footwear market for the forecast period 2017-2022, and offers key insights about future market direction.
Footwear is a garment worn on feet for protection from external agents while performing outdoor activities. Athletic footwear refers to the product worn by athletes which have similar function of foot care along with higher additional functionality according to the sport they are designed for. Athletic footwear thus provide better protection, easy movement control, mid-foot support as well as heel stabilization and cushioning.
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According to Fact.MR’s research report on the global athletic footwear market, the market is anticipated to reach a value of more than US$ 83 Bn by 2022 reflecting a moderate CAGR during the forecasted period of 2017-2022.
Europe Region has Higher Market Attractiveness
Europe region shows high market attractiveness index and is more lucrative region for the global athletic footwear market. The market share of Europe is high and it dominates the global market by region and is poised to grow at a moderate growth rate. Asia-Pacific excluding Japan (APEJ) region is anticipated to grow at the highest growth rate reflecting a CAGR of 5.2% during the forecast period. APEJ region shows high potential during the forecast period. Other regions have a significant market share in the global athletic footwear market.
Economy Segment has Dual Plus Points
The economy segment by price-based type shows higher growth rate as compared to other segments and also higher market share by revenue thereby dominating the global market. It is also anticipated that this segment will gain higher BPS by the end of 2022. The super-premium segment is also growing at the same growth rate as economy segment but the market share of economy segment is almost double than that of the super-premium segment.
Women go ahead; Men Dominate Anyway
Women segment by demographics is poised to show higher growth rate throughout the forecast period. However, the men segment dominate the global market by demographics and reflect a market share of 40.4% as of 2017 and this trend is poised to continue throughout the forecast period of 2017 to 2022. The women segment is likely to witness higher gain in BPS by the end of 2022.
Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of the global basketball shoes market through 2022, which include ASICS Corporation, New Balance INC., Skechers, INC., VF Corporation, Deckers Outdoor Corporation, Wolverine World Wide, Inc., Amer Sports Corporation, NIKE Inc., Adidas AG, PUMA SE and K-Swiss INC.
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Table of Content
- Global Athletic Footwear Market - Executive Summary
- Global Athletic Footwear Market Overview 2.1. Introduction 2.1.1. Global Athletic Footwear Market Taxonomy 2.1.2. Global Athletic Footwear Market Definition 2.2. Global Athletic Footwear Market Size (US$ Mn) and Forecast, 2012-2022 2.2.1. Global Athletic Footwear Market Y-o-Y Growth 2.3. Global Athletic Footwear Market Dynamics 2.3.1. Drivers 2.3.2. Restraints 2.3.3. Trends 2.4. Supply Chain 2.5. Cost Structure 2.6. Pricing Analysis 2.7. Raw Material Sourcing Strategy and Analysis 2.8. List of Distributors 2.9. Key Participants Market Presence (Intensity Map) By Region
- Global Athletic Footwear Market Analysis and Forecast By Product Type 3.1. Global Athletic Footwear Market Size and Forecast By Product Type, 2012-2022 3.1.1. Running Shoes Athletic Footwear Market Size and Forecast, 2012-2022 3.1.1.1. Revenue (US$ Mn) Comparison, By Region 3.1.1.2. Market Share Comparison, By Region 3.1.1.3. Y-o-Y growth Comparison, By Region 3.1.2. Atheleisure Shoes Athletic Footwear Market Size and Forecast, 2012-2022 3.1.2.1. Revenue (US$ Mn) Comparison, By Region 3.1.2.2. Market Share Comparison, By Region 3.1.2.3. Y-o-Y growth Comparison, By Region 3.1.3. Gym/ Aerobics Shoes Athletic Footwear Market Size and Forecast, 2012-2022 3.1.3.1. Revenue (US$ Mn) Comparison, By Region 3.1.3.2. Market Share Comparison, By Region 3.1.3.3. Y-o-Y growth Comparison, By Region 3.1.4. Backpacking Shoes Athletic Footwear Market Size and Forecast, 2012-2022 3.1.4.1. Revenue (US$ Mn) Comparison, By Region 3.1.4.2. Market Share Comparison, By Region 3.1.4.3. Y-o-Y growth Comparison, By Region
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