MarkNtel Advisors recently published a detailed industry analysis of the Global Athletic Footwear Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Athletic Footwear Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The Athletic Footwear Market size was valued at USD 141 Billion in 2024 and is projected to reach USD 159 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 2.43% during the forecast period, i.e., 2025-2030.
Key Findings in Global Athletic Footwear Market:
- Historical Analysis: 2020–2023
- Base Year: 2024
- Forecast Period: 2025–2030
Leading Market Players- 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
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the Global Athletic Footwear Market?
Inclination Towards Sports & Physical activities – The increasing global interest in sports and other fitness activities led to a boost in the market and also registered further growth. With the rising popularity of sports and fitness footwear, it facilitates gaining more and more consumer attention in the market. Footwear that provides comfort gradually minimizes the chance of injury and provides support is always in high demand. Even the realization of regular exercise contributes to the Athletic Footwear Market Growth. For Instance:
- In April 2024, Adidas introduced 49 styles of shoes to choose from, 9 sponsored nations, and the 2024 Olympic and Paralympic Games in Paris.
Moreover, an increasing number of sports tournaments is also expected to affect the market growth graph. Several tournaments are being organized, local, regional, and many more, and numerous individuals are participating in them to display their skills & expertise. Hence, with the growing participation in the tournaments, there is a high demand for athletic footwear, further driving the market growth.
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What segments define the Global Athletic Footwear Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?
By Type of Footwear
- Aerobic Shoes – Market Size & Forecast, 2020-2030 (USD Million)
- Running Shoes – Market Size & Forecast, 2020-2030 (USD Million)
- Walking Shoes – Market Size & Forecast, 2020-2030 (USD Million)
- Trekking & Hiking Shoes – Market Size & Forecast, 2020-2030 (USD Million)
- Sports Shoes – Market Size & Forecast, 2020-2030 (USD Million)
According to report, Running Shoes hold the largest share of the Athletic Footwear Market.
By Sport Type
- Cricket – Market Size & Forecast, 2020-2030 (USD Million)
- Football – Market Size & Forecast, 2020-2030 (USD Million)
- Tennis – Market Size & Forecast, 2020-2030 (USD Million)
- Basketball – Market Size & Forecast, 2020-2030 (USD Million)
- Other – Market Size & Forecast, 2020-2030 (USD Million)
By End User
- Men – Market Size & Forecast, 2020-2030 (USD Million)
- Women – Market Size & Forecast, 2020-2030 (USD Million)
- Children – Market Size & Forecast, 2020-2030 (USD Million)
According to report, The Men segment projects the largest share of the Athletic Footwear Market.
By Price Range
- Up to USD 25 – Market Size & Forecast, 2020-2030 (USD Million)
- USD 26 to 50 – Market Size & Forecast, 2020-2030 (USD Million)
- USD 51 to 100 – Market Size & Forecast, 2020-2030 (USD Million)
- Above USD 100 – Market Size & Forecast, 2020-2030 (USD Million)
By Sales Channel
- Supermarkets & Hypermarkets – Market Size & Forecast, 2020-2030 (USD Million
- Brand Outlets – Market Size & Forecast, 2020-2030 (USD Million)
- Sports Goods Stores – Market Size & Forecast, 2020-2030 (USD Million)
- Online- Market Size & Forecast, 2020-2030 (USD Million)
- Others
Explore the Complete Global Athletic Footwear Market Analysis Report – https://www.marknteladvisors.com/research-library/athletic-footwear-market.html
Geographical Analysis: Global Athletic Footwear Market
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Global Athletic Footwear Market Recent Development:
- June 2024: Nike introduced the Converse Run Star Trainer, a low-profile shoe made from the ground up, blending retro and modern aesthetics. The outline is inspired by Converse’s deep history in sports, but created for modern life.
- June 2024: PUMA declared a global alliance with HYROX, the world series of fitness racing. The association notices PUMA become the official apparel and footwear partner for all HYROX races from 2024 to 2027.
- June 2024: PUMA embarked on training shoes called Deviate NITRO 3, designed with NITROFOAM technology to offer supreme cushioning and responsiveness.
- August 2023: ASIC introduced the GEL-KAYANO 30, which comprises of 4D GUIDANCE SYSTEM, PureGEL, and FF BLAST PLUS ECO cushioning for better sock absorption and further comfort.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Athletic Footwear Market?
- How is the Athletic Footwear Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries 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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