Global Sneaker Market Growth 2023-2029

Global Sneaker Market Growth 2023-2029

Sneakers (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.
LPI (LP Information)' newest research report, the “Sneaker Industry Forecast” looks at past sales and reviews total world Sneaker sales in 2022, providing a comprehensive analysis by region and market sector of projected Sneaker sales for 2023 through 2029. With Sneaker sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sneaker industry.
This Insight Report provides a comprehensive analysis of the global Sneaker 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 Sneaker portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Sneaker market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sneaker 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 Sneaker.
The global Sneaker market size is projected to grow from US$ 82580 million in 2022 to US$ 136730 million in 2029; it is expected to grow at a CAGR of 136730 from 2023 to 2029.
North America is expected to hold the largest market share, about 30%, followed by Europe of about 24%, based on market value. Nike and Adidas are the leading manufacturers, with market shares of about 30% and 20%.
This report presents a comprehensive overview, market shares, and growth opportunities of Sneaker market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Adult Sneaker
Children Sneaker
Segmentation by application
Competition
Amateur Sports
Lifestyle
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.
Adidas
Nike
New Balance
Under Armour
ASICS
MIZUNO
Puma
Lining
Ecco
Kswiss
Skecher
ANTA
361°
PEAK
Guirenniao
China Dongxiang
Xtep
Key Questions Addressed in this Report
What is the 10-year outlook for the global Sneaker market?
What factors are driving Sneaker market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Sneaker market opportunities vary by end market size?
How does Sneaker 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.