Key Manufacturers Operating in Athletic Footwear Market to Hit Lucrative Growth Objectives

According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on Athletic Footwear Market - Industry Trends and Forecast to 2030 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.

Global Athletic Footwear Market Analysis and Size

The Global Athletic Footwear Market size was valued at around USD 135 billion in 2023 and is expected to grow at a compound annual growth rate or CAGR of 4% from 2024-30.

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Some of the major players operating in the Athletic Footwear Market are Adidas AG, Nike Inc., PUMA SE, ASICS Corporation, Fila Inc., Under Armour Inc., Li-Ning Company Limited, Skechers USA, Inc., Reebok International Ltd., New Balance Athletics, Inc., Brooks Sports, Inc., VF Corporation, US Polo Association, Xtep International Holdings Ltd, 361 Degrees International Ltd, Qiaodan Sports Co Ltd, and Others.

Athletic Footwear Market Growth Driver:

Inclination Towards Sports & Physical activities – The increasing global interest in sports and other fitness activities led to a boost in the market and also registered further growth. With the rising popularity of sports and fitness footwear, it facilitates gaining more and more consumer attention in the market. Footwear that provides comfort gradually minimizes the chance of injury and provides support is always in high demand. Even the realization of regular exercise contributes to the Athletic Footwear Market Growth. For Instance:

• In April 2024, Adidas introduced 49 styles of shoes to choose from, 9 sponsored nations, and the 2024 Olympic and Paralympic Games in Paris.

Moreover, an increasing number of sports tournaments is also expected to affect the market growth graph. Several tournaments are being organized, local, regional, and many more, and numerous individuals are participating in them to display their skills & expertise. Hence, with the growing participation in the tournaments, there is a high demand for athletic footwear, further driving the market growth.

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Market Segment and Geographical Analysis

By Type of Footwear

• Aerobic Shoes - Market Size & Forecast, 2019-2030 (USD Million)
• Running Shoes - Market Size & Forecast, 2019-2030 (USD Million)
• Walking Shoes - Market Size & Forecast, 2019-2030 (USD Million)
• Trekking & Hiking Shoes - Market Size & Forecast, 2019-2030 (USD Million)
• Sports Shoes - Market Size & Forecast, 2019-2030 (USD Million)

 By Sport Type

• Cricket - Market Size & Forecast, 2019-2030 (USD Million)
• Football - Market Size & Forecast, 2019-2030 (USD Million)
• Tennis - Market Size & Forecast, 2019-2030 (USD Million)
• Basketball - Market Size & Forecast, 2019-2030 (USD Million)
• Other - Market Size & Forecast, 2019-2030 (USD Million)

By End User

• Men - Market Size & Forecast, 2019-2030 (USD Million)
• Women - Market Size & Forecast, 2019-2030 (USD Million)
• Children - Market Size & Forecast, 2019-2030 (USD Million)

By Price Range

• Up to USD 25 - Market Size & Forecast, 2019-2030 (USD Million)
• USD 26 to 50 - Market Size & Forecast, 2019-2030 (USD Million)
• USD 51 to 100 - Market Size & Forecast, 2019-2030 (USD Million)
• Above USD 100 - Market Size & Forecast, 2019-2030 (USD Million)

By Sales Channel

• Supermarkets & Hypermarkets - Market Size & Forecast, 2019-2030 (USD Million
• Brand Outlets - Market Size & Forecast, 2019-2030 (USD Million)
• Sports Goods Stores - Market Size & Forecast, 2019-2030 (USD Million)
• Online- Market Size & Forecast, 2019-2030 (USD Million)
• Others

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

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