Athletic Footwear Market in US 2023-2027
Technavio has been monitoring the athletic footwear market in US and is forecast to grow by $3231.02 mn during 2022-2027, accelerating at a CAGR of 3.28% during the forecast period. Our report on the athletic footwear market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the popularity of sports and fitness activities, the rise in the number of athletic tournaments, and growing mergers and acquisitions.
Technavio's athletic footwear market in US is segmented as below:
By Distribution Channel
By Type
- Running and jogging
- Sports shoes
- Aerobic and gym shoes
- Hiking and backpacking shoes
By End-user
This study identifies the rising popularity of sustainability as one of the prime reasons driving the athletic footwear market growth during the next few years. Also, technological advancement may boost the market growth and frequent product launches will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the athletic footwear market in US covers the following areas:
- Athletic footwear market sizing
- Athletic footwear market forecast
- Athletic footwear market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading athletic footwear market vendors that include Adidas AG, Amer Sports Corp., ASICS Corp., Avia, British Knights Int B.V., Brooks Sports Inc., Columbia Sportswear Co., Fila Holdings Corp, GEOX Spa, K Swiss Inc., Mizuno Corp., New Balance Athletics Inc., Newton Running Co. Inc., Nfinity Athletic LLC, Nike Inc., PUMA SE, Skechers USA Inc., Under Armour Inc., VF Corp., and Wolverine World Wide Inc. Also, the athletic footwear market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.