Athletic footwear refers to those shoes that are designed for sports and other outdoor activities. b. The scope of the global footwear market includes segmentation of the market on the basis of type, end user, and distribution channel. Prominent players in the market, such as Nike Inc., Adidas AG, Skechers USA Inc., and New Balance Athletics Inc., are focusing on developing innovative technologies to increase the stability of sports shoes and make them comfortable. Big Market research has added report titled “World Footwear Market Opportunities and Forecasts, 2014 –2020”. Get your queries resolved from an industry expert. Footwear Market Share Current and Future Industry Trends, 2020-2025 . The global footwear market report begins with an executive summary for various categories and their share in the footwear market. By sport type, the athletic footwear market is segmented into tennis, basketball, running, cricket, and others such as swimming, aerobic. However, women end user segment is expected to register the fastest CAGR of 4.3% from 2019 to 2025 due to rising number of working individuals across the globe. In 2016, Lotto Sport Italia S.p.A. released EVERIDE II made with polymer compound of a particular density. These players are investing more on R&Ds in order to develop new products to increase their market share. will also drive Footwear industry growth. The expected decline in the global sales of clothing, footwear, & accessories is attributable to massive supply chain disruptions across significant export markets, including China and India. Skip to content. The men segment is expected to hold more than 50% of sports footwear market share owing to a large number of male population inclined towards sports and other physical activities. Footwear Retailing in Australia industry outlook (2020-2025) ... Market Share Concentration. The latest research report on the Chainsaw Footwear market boasts of an intricate analysis of this business sphere with respect to pivotal parameters such as recent market tendencies, market share, periodic deliverables, and estimated returns over the study timeframe. The market participants focus more on product differentiation and product development to gain competitive advantage. The global athletic footwear market is segmented by sport type, distribution channel, end-user, and geography. Details. Press release - Facts and Factors - Athletic Footwear Market Share Will Reach to USD 120,000 Million by 2026, Globally: Facts and Factors - published on openPR.com U.S. Office : +1 860 881 2270; Europe Office : +353 1 442 8820; Cart / $ 0.00. US Footwear Market Share (in %) by Company: 2020 & 2025 Market Analytics Table 34: United States Footwear Market Estimates and Projections in US$ … On the basis of type, the market is segmented under athletic footwear and non-athletic footwear. Global athletic footwear market expected to reach approximately USD 115,620.98 million by 2024, growing at a CAGR of around 3.3% between 2018 and 2024. Table Footwear Revenue Market Share by Player (2014-2019) Table Footwear Price by Player (2014-2019) Table Footwear Manufacturing Base Distribution and Sales Area by Player Table Footwear Product Type by Player Table Mergers & Acquisitions, Expansion Plans Table GEOX S.p.A Profile Table GEOX S.p.A Footwear Production, Revenue, Price and Gross Margin (2014-2019) Table … The rising demand for fashionable, trendy, yet comfortable footwear across age groups is a key factor driving the global footwear industry. By sport type, the athletic footwear market is segmented into tennis, basketball, running, cricket, and others such as swimming, aerobic. Attribute. Footwear Market - Growth, Trends and Forecast (2020-2025). Growing awareness about health and fitness is resulting in an increasing demand for athletic footwear. In 2017, Asia Pacific led the athletic footwear market and is estimated to be the fastest growing region between 2018 and 2026. Tactical Footwear Market Size, Share & Trends Analysis Report By Product (Boots, Shoes), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2020 - 2027New York, Sept. 09, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Tactical Footwear Market Athletic Footwear Market Overview. The athletic footwear market is expected to reach US$ 60.5 Bn by 2026 with 5.3% CAGR during the forecast period from 2018 to 2026. Companies launch sports-specific products to increase their customer base. The market will be … According to IMARC Group, the global footwear market is expected to reach a value of US$ 269.2 Billion by 2025, registering a CAGR of 2.4% during 2020-2025. By 2023, Global Footwear Market Share Hits Record Value of US $320.44 Billion: Zion Market Research According to the report, the Global footwear market stood at US$ 246.07 billion in 2017. A demand for trendy, comfortable and fancy footwear is what drives the non-athletic footwear market. Footwear segment revenue of … For instance, ASICS Corp. introduced a shoe GEL cushioning system and flexible digital printed nylon mesh, Gel-Kenun Shinkai. 10 Athletic Footwear Market Share by Industry Vertical, 2015 & 2024; 11 Athletic Footwear Market Share by Region, 2015 & 2024; Key Insights Addressed: Defining market size from 2014 to 2015. The footwear market is further expected to grow at a CAGR of 3% between 2020 and 2025 to reach a value of almost USD 281.2 billion by 2025. online dashboard trial. Source: Secondary Sources and MRFR Analysis. Design an exclusive study to serve your research needs. 7. In addition, some companies offer customized footwear to meet the increasing consumer demand, which is likely to support segment growth. Global Footwear Market Outlook . Growing enthusiasm and awareness regarding the health benefits of sports and fitness activities, flourishing retail e-commerce sector worldwide, and rising levels of disposable income of consumers are the key factors facilitating segment growth. The improving lifestyles of the consumers along with the increasing per capita disposable incomes of the consumers is expected to enhance the sales of footwear … Nike recently announced its financial results for Q3 2019, which reported revenue of USD 9.6 billion in Q3 2019, representing a 7% increasing from USD 9 billion in the year-ago period. Footwear is used for covering and protecting … Avail customized purchase options to meet your exact research needs: "The quality of research they have done for us has been excellent...". Rising health concerns because of a sedentary lifestyle and the resultant problems caused by it are benefitting athletic footwear demand. Athletic footwear is mainly designed for sports or other forms of physical exercises and are used by athletes and climbers. Forecast period. Footwear Market Share Insights. Key Success Factors Cost Structure Benchmarks. Thus, they hamper distribution channels and lead to a negative impact on the entire market. The global footwear market size reached a value of almost USD 235.5 billion in the year 2019. Revenue is … Press release - Facts and Factors - Athletic Footwear Market Share Will Reach to USD 120,000 Million by 2026, Globally: Facts and Factors - published on openPR.com This website is secure and your personal details are safe. Base year for estimation. ET Global Industrial Protective Footwear Market Size, Share, Growth Survey 2020 to 2025 and Industry Analysis Report. Details. Convenient and hassle-free shopping boosts the growth of the online distribution channel segment. Kids Footwear Market Share Insights. This is observed among all age groups, particularly among the millennials and Generation Z. Forecast period. Footwear Market Size, Share, Global Industry Trends Report, 2025. Moreover, companies are focusing on a few key parameters, such as innovative designs, product developments, and advanced technical fabrications, to boost the product sales. Market representation. Moreover, China, India, and Vietnam are the three largest footwear manufacturers in the region. As per the report, world footwear market would garner a revenue of $371.8Billion by 2020 growing at 5.5% CAGR amid the forecast period 2015-2020. North America is the second-largest global footwear market with a particular skew toward athletic and sports shoes. Press Release Footwear Market Size 2020 by Global Growth, Share, Regions, Demand Status, Latest Trends, Insights and Forecast to 2026 Published: Nov. 24, 2020 at 2:08 a.m. The global athletic footwear market is projected to grow at a CAGR of 7.15% during the forecast period. Asian countries, such as China and India, are the major exporters of leather footwear across developed countries. Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. We never share your personal data. Estimating market growth till 2024 and consequence market forecast. Privacy Policy. Non-athletic products are estimated to account for the largest revenue share of the market by 2025 due to availability of a variety of products in this segment, such as printed shoes and brogues. Technology & Systems Revenue Volatility. Clothing and Footwear Retail Market Analysis by Size, Share, Growth, Application, Segmentation and Forecast to 2025 Market Study Report Date: 2020-12-08 Technology Product ID: 2524228 Loafers & boat shoes are the major famous types among the consumers especially in the developed economies of Europe and North America. The global footwear market is projected to witness a CAGR of 3.54% during the forecast period (2020-2025). 2018. We are in compliance with GDPR & CCPR norms. Leather Footwear Market Size, Share & Trends Analysis Report By End User (Male, Female, Kids), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2019 - 2025. Thus, athletic segment is expected to register the fastest CAGR of 4.4% from 2019 to 2025. For instance, in 2016, Lotto Sport Italia SpA released EVERIDE II made with polymer compound of a particular density. We stand by our report quality. Barriers to Entry. Our support available to help you 24 hours a day, five days a week. Recreational users are the ones who participate in sports mainly for being physically fit, for enjoyment & entertainment, or to social… The region is also home to many multi-national sports equipment companies that are often at the forefront of innovation. Leather footwear are premium products gaining a traction of significant market share in the global market for footwear. The study offers a basic overview of the market share of Athletic Footwear, the competitive segment with a fundamental introduction of key suppliers, leading regions, types of products and end industries. On the basis of end user, the footwear market is divided into men, women, and children categories. Nike's market share of the athletic footwear market stood at 22.9 percent in 2015. Strong presence of key companies in the region will boost the market growth further. A demand for trendy, comfortable and fancy footwear is what drives the non-athletic footwear market. Athletic Footwear Market – A synopsis. Athletic footwear is mainly designed for sports or other forms of physical exercises and are used by athletes and climbers. The rising demand for fashionable, trendy, yet comfortable footwear across age groups is a key factor driving the global footwear industry. Competitive Landscape and Sport Footwear Market Share Analysis Sport Footwear market competitive landscape provides details and data information by players. Global Footwear Market Share (%), by Region, 2018 . The global footwear market is expected to grow at a compound annual growth rate of 3.8% from 2019 to 2025 to reach USD 269.9 billion by 2025. b. Asia Pacific dominated the footwear market with a share of 35.5% in 2019. Footwear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 . Basis of Competition. The Footwear market comprises all kinds of shoes which are produced for private end customers, therefore excluding work and safety shoes. However, the industry is likely to recover over the forecast timeframe, given the rising popularity of online/e-commerce sales. The key segments include, product type, end use, region, and relevant competitors. Avail customized purchase options to meet your exact research needs. The global footwear market size was estimated at USD 207.6 billion in 2018 and is expected to register a CAGR of 3.8% from 2019 to 2025. The major factors driving the segment are increasing spending on fashion and apparels. The segmentation on the basis of the distribution channel includes offline retail stores and online retail stores. Footwear Market Research. The market growth is primarily attributed to high demand for convenient and comfortable footwear. By 2023, Global Footwear Market Share Hits Record Value of US $320.44 Billion: Zion Market Research According to the report, the Global footwear market stood at US$ 246.07 billion in 2017. Estimating market growth till 2024 and consequence market forecast. “Recreational Users to Hold a Significant Share During the Forcast Period 2019–2026” Recreational users are anticipated to hold the largest share in the global sports footwear market. What are the factors driving the footwear market? The global footwear market size was valued at $365.5 billion in 2020, and is estimated to reach $530.3 billion by 2027 with a CAGR of 5.5% from 2020 to 2027. Leather shoes are considered as premium product and occupy a significant share of the market. Moreover, increased consumer disposable income levels and improved standards of living, especially in emerging markets of Asia Pacific will boost the segment growth further. ... market share Current and Future industry Trends, share, Size, growth Survey to..., sports shoes, and other non-athletic footwear segment includes running shoes, sports shoes, trekking/hiking shoes sports! 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