Athletic Footwear Market Size 2022, Share, Trends & Forecast Till 2027

The latest research study “Athletic Footwear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global athletic footwear market size reached US$ 110.31 Billion . Looking forward, IMARC Group expects the market to reach a value of US$ 145.81 Billion by 2027 exhibiting a CAGR of 4.50% during 2022-2027.

 Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Industry Definition and Application:

Athletic shoes are those made especially for sports and other activities including working out, jogging, running, aerobic dancing, and leisure activities. Lightweight materials like wood, rubber, plastic, leather, jute, breathable knit polyester, and nylon mesh are used in their production. 

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Athletic footwear has a stronger sole than conventional options and offers more flexibility, adaptability, cushioning, durability, and stability. Additionally, they provide the best possible arch support and protection, enhance muscular comfort and performance, and guard against conditions like corns, fungus infections, and ingrown toenails. As a result, men, women, and kids all across the world frequently use athletic footwear.

One of the main drivers propelling the athletic footwear market is the increasing engagement in sports, physical activities, and at-h


Athletic Footwear Market Trends and Drivers: 

some training routines as a result of the general public's growing health consciousness. In addition, the market is growing due to the increasing product usage by climbers and athletes to reduce back and knee strain and to prevent leg and muscle injuries. The development of innovative variants by the top manufacturers with distinctive designs and superior comfort are also boosting the global market. 

These innovations include the introduction of lightweight athletic shoes made with mesh fabric layers enabling air-circulation and durability as well as the development of innovative variants. A important growth-inducing aspect in addition to this is the growing need for premiumization and customization for high-quality product design. Additionally, the introduction of sports shoes made from eco-friendly materials, rising consumer spending power, simple accessibility across e-commerce platforms, and rising acceptance of smart wearables that collect data on physical activity on connected devices are anticipated to support the athletic footwear market in the upcoming years..  

Athletic Footwear Market Report Scope
Report CoverageDetails
Market size value in 2021US$ 110.31 Billion 
Market forecast in 2027US$ 145.81 Billion
Growth RateCAGR of 4.50% from 2022 to 2027
Base year for estimation2021
Historical data2016-2021
Forecast period2022-2027
Report coverageRevenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Segments coveredProduct Type, Distribution Channel and End User
Regional scopeAsia Pacific, Europe, North America, Latin America, Middle East and Africa
Key companies profiledAdidas AG, ASICS Corporation, FILA Holdings Corp, K-Swiss Inc., New Balance Inc., Nike Inc., Puma SE, Reebok International Ltd, Saucony, SKECHERS Inc. and Under Armour Inc.
Market DynamicsParent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
Customization purviewIf our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Click here to view detailed information with table of content: https://www.imarcgroup.com/athletic-footwear-marketReport Segmentation: The report has been segmented the market into following categories:Breakup by Product Type:

  • Aerobic Shoes
    • Running Shoes
    • Walking Shoes
    • Trekking and Hiking Shoes

    • Sports Shoes
       

Market Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
    • Specialty Stores
    • Brand Outlets

    • Online Channels
       

Breakup by End User:

  • Men
    • Women

    • Kids

By Geography:

  • North America
    • United States

    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia

    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia

    • Others
  • Latin America
    • Brazil
    • Mexico

    • Others
  • Middle East and Africa

List of Major Key Players: 

The major players in the market are Adidas AG, ASICS Corporation, FILA Holdings Corp, K-Swiss Inc., New Balance Inc., Nike Inc., Puma SE, Reebok International Ltd, Saucony, SKECHERS Inc. and Under Armour Inc..

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. 

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