Athletic Footwear Market to Witness Massive Growth by 2028 | Merrell, Nike, Puma SE, Mizuno, Vibram

According to HTF Market Intelligence, the Global Athletic Footwear market to witness a CAGR of 5.06% during forecast period of 2023-2028. Athletic Footwear Comprehensive Study by Type (Running Shoes, Trail Shoes, Walking Shoes, Cleats { Soccer Cleats, Lacrosse Cleats, Baseball Cleats, Hiking Shoes, Others}, Others), Sales Channels (Online Sales Channels, Offline Sales Channels), End Users (Professional Athletic Footwear, Amateur Athletic Footwear), Gender (Male, Female, Kids). The Athletic Footwear market size is estimated to increase by USD 26402 Million at a CAGR of 5.06% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 76596 Million.

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The athletic footwear market refers to the segment of the footwear industry that is focused on producing and selling footwear specifically designed for athletic or sports-related activities. This includes shoes designed for running, basketball, soccer, tennis, and other sports, as well as shoes designed for general physical fitness activities. The market is highly competitive and includes a wide range of brands, from large multinational corporations to smaller, specialized companies. The market is driven by factors such as changing fashion trends, innovations in design and technology, and the growing popularity of sports and fitness activities.

Athletic Footwear market - Key Segment Analysis

The market share growth by the Running Shoes segment will be significant during the forecast period. The segment is driven by the The Rise in Awareness Regarding Personal Fitness Management.

Athletic Footwear market - Competition Analysis

The global Athletic Footwear market is seeing several joint ventures to intensify the capability of manufacturers and/or companies to establish geographic footprints to new territory. The vendors are accelerating M&A strategies to expand their geographical reach, which is shaping the market toward new growth cycle. The list of players that are profiled in the study are Merrell (United States), Nike (United States), Puma SE (Germany), Mizuno Corporation (Japan), Vibram (Italy), Reebok (United Kingdom), ECCO (Denmark), Asics (Japan), Adidas (Germany), New Balance (United States), Mammut Sports Group (Switzerland), Under Armour (United States).

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Athletic Footwear market - Geographical Outlook

Asia Pacific will provide maximum growth opportunities in Athletic Footwear market. According to our research, the region will account for 32.1% of the global market growth during the forecast period. The market in Asia Pacific is driven by High Availability of Smart Sports Shoes Enhancing the Level and Quality of Exercise.

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What key data is demonstrated in this Athletic Footwear market report?

·        CAGR of the market during the forecast period

·        Detailed information on factors that will drive the growth of the Athletic Footwear market between 2023 and 2028

·        Precise estimation of the size of the Athletic Footwear market and its contribution to the parent market

·        Accurate predictions about upcoming trends and changes in consumer behaviour

·        Value in dollar term and growth of the market industry across APAC, Europe, North America, South America, and Middle East and Africa; further broken down by major country within region.

·        Thorough analysis of the market's competitive landscape and detailed information about vendors

·        Comprehensive analysis of factors that will challenge the growth of Athletic Footwear market players

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Some Extracts from Table of Content

Some Extracts from Table of Content

- Overview of Athletic Footwear Market

- Market dynamics

 Growth Drivers, Market Trends, Opportunities and Challenges

- Five Forces Analysis

 Bargaining power of buyers, bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry

- Athletic Footwear Size (USD & Sales Volume) Comparison by Type (2017-2028)

- Athletic Footwear Size (USD & Consumption) and Market Share Comparison by Application (2017-2028)

- Athletic Footwear Size (Value & Volume) Comparison by Region (2017-2028)

- Market Capacity, Production, Export-Import by Region (2017-2022E)

- Athletic Footwear Market Sales, Revenue and Growth Rate (2017-2028)

- Competitive Situation and Trends

- Market Positioning and Share Analysis (2020-2022E)

- Suppliers High-Performance Operational Base Distribution

- Analyse competitors, Profiles, Sales Area, Product Category

- Athletic Footwear Cost Analysis

- Marketing Strategy Analysis

- Research Conclusions

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