Global Basketball Shoes Market Growth 2023-2029

Global Basketball Shoes Market Growth 2023-2029

Basketball shoes are very specialized form of footwear that has been designed specifically for an intense sport. Basketball players are constantly starting and stopping, running, jumping, and quickly changing directions, and they have to have shoes that can keep up with those strenuous demands. Good basketball shoes will offer shock absorption, foot support, durability, and ankle stability, all while remaining extremely flexible and allowing the feet to breathe.

With constant jumping, starting and stopping, basketball shoes are designed to act as shock absorbers and provide ankle stability with the flexibility to allow players to move laterally. As such, basketball shoes are much bulkier than running shoes.

LPI (LP Information)' newest research report, the “Basketball Shoes Industry Forecast” looks at past sales and reviews total world Basketball Shoes sales in 2022, providing a comprehensive analysis by region and market sector of projected Basketball Shoes sales for 2023 through 2029. With Basketball Shoes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Basketball Shoes industry.

This Insight Report provides a comprehensive analysis of the global Basketball Shoes landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Basketball Shoes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Basketball Shoes market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Basketball Shoes and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Basketball Shoes.

The global Basketball Shoes market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

In Asia-Pacific, Basketball Shoes key players include Air Jordan, Adidas, PEAK, ANTA, etc. Global top four manufacturers hold a share over 30%.

China is the largest market, with a share over 45%, followed by Japan, and Southeast Asia, both have a share about 25 percent.

In terms of product, High-tops Basketball Shoes is the largest segment, with a share nearly 60%. And in terms of application, the largest application is Amateur Sports, followed by Daily Wear, Competition.

This report presents a comprehensive overview, market shares, and growth opportunities of Basketball Shoes market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
High-tops Basketball Shoes
Mid-tops Basketball Shoes
Low-tops Basketball Shoes

Segmentation by application
Competition
Amateur Sports
Daily Wear

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Nike
Adidas
PEAK
ANTA
Lining
Under Armour
Air Jordan
Reebok
ERKE
XTEP
VOIT
361°
Mizuno
Qiaodan
ASICS

Key Questions Addressed in this Report

What is the 10-year outlook for the global Basketball Shoes market?

What factors are driving Basketball Shoes market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Basketball Shoes market opportunities vary by end market size?

How does Basketball Shoes break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.