Athletic Footwear Market Size, Share & Trends 2030 | Reports and Data |
Athletic footwear refers to shoes specifically designed for sports or recreational activities such as jogging, hiking, or aerobic dancing. Athletic shoes are also called sneakers, sport shoes, trainers, and running shoes; although these shoes are primarily designed for outdoor sports activities, these are being widely used by all age groups for everyday casual wear. Athletic footwear was brought to popularity in mid-20th century by renowned companies such as Nike, Converse, and Reebok, and global market for these shoes has since been growing exponentially. Major features of these shoes include flexible sole, impact absorption ability, and appropriate tread for function. Moreover, athletic shoes increase wearer’s comfort and performance and help prevent injuries. Over the past decades, designing of these shoes has become more focused on bottom features than top aesthetics. For instance, features such as cleats or studs on soccer shoes or cricket shoes provide improved traction, better stability, and motion control on slippery or soft surfaces. Some commonly known athletic shoes are running/walking shoes, tennis shoes, cross trainers, soccer cleats, trail running shoes, hiking boots, lacrosse shoes, and cycling shoes.
Some of the major factors contributing to global athletic footwear market revenue growth include rising burden of lifestyle-induced health conditions such as obesity and diabetes, growing involvement in outdoor activities such as running and cycling, increasing consciousness of physical health & fitness, growing interest of youth in sports including cricket, football, tennis, and badminton, and rising demand for branded and high-performance sports shoes. Growing trend of athleisure at workplaces or other casual occasions, rising influence of celebrity endorsement of premium athletic shoes, increasing number of global sports events and tournaments such as FIFA World Cup, Olympic Games, and Super Bowl, recent advances in athletic footwear designs and aesthetics, and growing use of eco-friendly and biodegradable materials in manufacturing of these shoes are among other major factors driving market revenue growth.
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Based on product type, the global athletic footwear market is segmented into sports shoes, running & walking shoes, hiking/trekking & backpacking shoes, and aerobic & gym wear shoes. Sports shoes segment dominated other segments in terms of revenue share in the global market in 2021. Major factors driving revenue growth of this segment are growing number of global sports events and tournaments, increasing involvement in various sports such as cricket, soccer, golf, tennis, and baseball, rising demand for premium athletic shoes among sportspersons, and launch of new designer sports footwear brands. #sportswear
Product Type Outlook (Revenue, USD Billion; 2019-2030)
• Sports Shoes
• Tennis Shoes
• Soccer Shoes
• Basketball Shoes
• Cricket Shoes
• Others
• Running & Walking Shoes
• Hiking/Trekking & Backpacking Shoes
• Aerobic & Gym Wear Shoes
• Others
End-use Outlook (Revenue, USD Billion; 2019-2030)
• Men
• Women
• Kids
Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)
• Hypermarkets/Supermarkets
• Specialty Stores
• Brand Outlets
• Online Channels
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