Athletic Footwear Market Growth Drivers And Forecast Assessment 2018-2022
Athletic Footwear Market report, published by Publisher, forecasts that the global market is expected to garner $114.8 billion by 2022, growing at a CAGR of 2.1% during the period 2016 – 2022. Large population size coupled with rising disposable income and the increasing health and fitness awareness are amongst the major factors boosting the demand for high-end athletic footwear in developing markets.
Increasing sales through online channel, innovative product launches and attractive marketing and promotional strategies followed by the companies are other factors that have fueled the overall growth of the athletic footwear market. Increasing environmental concerns and rising prices of raw materials have emerged as the major challenges for the players operating in the market. However, the market is anticipated to unfold attractive business opportunities owing to changing consumer lifestyles and increasing penetration of online retailing.
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Some of the major players operating in the market are Asics Corporation, Adidas AG, Puma SE, VF Corporation, Nike, Inc., FILA, Inc., New Balance, Inc., Skechers Inc., K-Swiss and Wolverine World Wide, Inc.
The global athletic footwear market is segmented on the basis of product type, users and geography. By product type, the global athletic footwear market is further categorized into four sub segments which include sports shoes, running and walking shoes, hiking and backpacking shoes and aerobic and gym wear shoes. By user, the market is segmented as men, women and kids. Geographically, the market is classified into North America, Europe, Asia Pacific and LAMEA. Asics and Puma are popular athletic footwear brands in Europe while, in North America, Skechers, New Balance and VF Corporation have a stronger presence.
The report also analyzes the factors affecting Athletic Footwear market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.Thus the report’s conclusion reveals overall growth prospect of the market along with impact analysis.
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Table Of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Athletic Footwear Market By Type
Chapter 5: Athletic Footwear Market By User
Chapter 6: Athletic Footwear Market By Geography
Chapter 7: Company Profiles
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