Global Sports Footwear Market Research Report 2023(Status and Outlook)

Global Sports Footwear Market Research Report 2023(Status and Outlook)

Report Overview

Sports Footwear (also known as athletic shoes, tennis shoes, gym shoes, runners, takkies, or trainers) are shoes primarily designed for sports or other forms of physical exercise, but which are now also often used for everyday wear. The term generally describes a type of footwear with a flexible sole made of rubber or synthetic material and an upper part made of leather or synthetic materials. Examples of such shoes include athletic footwear such as: basketball shoes, tennis shoes, cross trainers and other shoes worn for specific sports.

The Sports Footwear market covers Athleisure, Running, etc. The typical players include Adidas, Nike, New Balance, Under Armour, ASICS, etc.

Global Sports Footwear key players include Nike, Adidas, Skechers, New Balance, etc. Global top four manufacturers hold a share about 50%.

Asia-Pacific is the largest market, with a share over 50%, followed by Americas, and Europe, both have a share over 40 percent.

In terms of product, Athleisure is the largest segment, with a share over 35%. And in terms of application, the largest application is Men, followed by Women, Children.

The Global Sports Footwear Market Size was estimated at USD 71700.00 million in 2022 and is projected to reach USD 104300.50 million by 2029, exhibiting a CAGR of 5.50% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Sports Footwear market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Sports Footwear Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Sports Footwear market in any manner.

Global Sports Footwear Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Adidas

Nike

New Balance

Under Armour

ASICS

MIZUNO

Puma

Li-Ning

Skechers

ANTA

361°

Peak Sport Products

Xtep

Basicnet

Market Segmentation (by Type)

Athleisure Shoes

Running Shoes

Court Game Shoes

Cleats Shoes

Gym and Training Shoes

Others

Market Segmentation (by Application)

Transportation

Building & Construction

Foil & Packaging

Machinery & Equipment

Consumer Goods

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Sports Footwear Market

Overview of the regional outlook of the Sports Footwear Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors