Skating Shoes Market Statistics, Insights And Forecast - 2033

Global skating shoes market size is expected to reach $1.08 billion by 2028 at a rate of 4.9%, segmented as by product type, roller skating shoes, ice skating shoes, skate boarding shoes, other product types

Sep 13, 2024 - 13:18

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Skating Shoes Market Statistics, Insights And Forecast - 2033

The Skating Shoes Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Skating Shoes Global Market Report 2024, The skating shoes market size has grown steadily in recent years. It will grow from $0.86 billion in 2023 to $0.90 billion in 2024 at a compound annual growth rate (CAGR) of 4.6%. The growth in the historic period can be attributed to rising celebrity endorsements, collaboration with fashion brands, competitive skating events, increasing social media and influencers, and rising skate parks.

The skating shoes market size is expected to see steady growth in the next few years. It will grow to $1.08 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to growth of urban sports, rising health and fitness awareness, increasing e-commerce growth, rising product customization, and rising popularity of skateboarding. Major trends in the forecast period include technological integration, advancements in the manufacturing process, integration of new materials, technological advancements in footwear design, and smart skating shoes.

The growing popularity of skating sports is expected to propel the growth of the skating shoes market going forward. Skating sports refer to athletic activities involving skates, such as skateboarding, rollerblading, and ice skating. The popularity of skating sports is increasing due to their accessibility, cultural influence, and evolving skatepark infrastructure. Skating shoes provide grip, durability, and impact protection for maneuverability and safety in skating sports. For instance, in September 2021, according to the Australian Sports Commission, an Australia-based Australian government commission, during the 2020–21 period, approximately 282,000 Australians aged 15 and over participated in roller sports, including skateboarding, rollerblading, and non-motored scooters. The growing popularity of skating sports is driving the growth of the skating shoes market.

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The skating shoes market covered in this report is segmented –
1) By Product Type: Roller Skating Shoes, Ice Skating Shoes, Skate Boarding Shoes, Other Product Types
2) By Closure Type: Laces, Velcro, Straps, Zippers
3) By Consumer Orientation: Men, Women
4) By Application: Sports, Lifestyle, Competition
5) By Distribution Channel: Multi-Brand Stores, Independent Small Stores, Online Retailers, Other Distribution Channels

Major companies operating in the skating shoes market are focusing on developing innovative products, such as mesh-material shoes, to enhance performance and meet evolving consumer preferences. Mesh materials shoes refer to lightweight, breathable fabrics often used for enhanced ventilation and comfort. For instance, in April 2024, Nike Inc., a US-based footwear company, launched Day One, a skate shoe crafted to provide children with a stable and supportive experience. It reduces weight by eliminating excess foam, integrates suede overlays and mesh panels for durability and breathability, and includes a visible Zoom Air unit in the heel for enhanced cushioning during high-impact maneuvers.

The skating shoes market report table of contents includes:

1. Executive Summary
2. Skating Shoes Market Characteristics
3. Skating Shoes Market Trends And Strategies
4. Skating Shoes Market - Macro Economic Scenario
5. Global Skating Shoes Market Size and Growth