The market has been classified on the basis of material into rubber, plastic, and others. Promising growth exhibited by e-commerce platforms in emerging countries, including India and China, is compelling manufacturers to reorient their distribution strategies for these countries.
Athletic footwear are products used by various consumer types such as athletes and climbers. Factors such as great diversity in the footwear market and easy availability of products in many retail outlets are anticipated to encourage impulse buying of these products.
Competitive Overview The report provides company market share analysis of the various industry participants. Furthermore, the global footwear market has been divided by geography into North America, Europe, Asia Pacific and rest of the world RoW.
An overall rise in the retail culture is triggering the growth of global footwear market. Men prefer athletic footwear with greater quality, durability, and comfort, while women are leaning towards style and comfort.
The continuous variety addition to their product portfolio helps attract consumers with their innovative design and features. Retail stores offer a superior buying experience to the customers as compared to online sales, thereby acting as the dominant mode of sale segment.
These duplicate products are hampering the distribution channel and are leading to a negative impact on the overall growth of the market. By type, it is categorized into sports, running, and walking shoes; hiking and backpacking shoes; and aerobic and gym wear shoes.
For instance, the sports shoe market in the U. Non-athletic segment led the market in terms of both revenue and volume accounting a market share of approximately According to the report, Asia Pacific holds a dominant position as the regional market is anticipated to hold a share of Athletic footwear refers to those shoes that are designed for sports and other outdoor activities.
This effect is especially prevalent in developed economies such as the U.
Different international brands are merging sportswear with fashion wear nowadays. These countries largely export their footwear products to United States and United Kingdom. The market is highly competitive with players making huge investments in marketing channels and brand building.
Manufacturers are continuously focused on expanding their product portfolio in order to gain competitive advantage in this market. Europe is the second-leading regional market that has shown a significant growth in the demand for athletic footwear.
The various types of athletic footwear available in the market are prepared from high quality raw materials, such as leather, foam, and plastic, which involve the use of advanced chemical additives. On the other hand, non-athletic is sub-segmented into casual footwear, military boots, dress evening footwear, lite hiking outdoor sandal, and others.
The footwear manufacturing companies including PUMA, Adidas, Crocs, and Timberland procure all these materials from different vendors to manufacture different footwear.
Major market participants profiled in this report include Nike Inc. The changing consumer lifestyle is expected to increase the demand for the athletic footwear in the coming years.
In addition, changing lifestyles and rising number of working professionals are leading the demand for non-athletic footwear segment. This is because rubber is the most material that is used in every type of shoe ranging from athletic to non-athletic.
With increasing participation in sporting activities and changing lifestyle, there is a massive demand for athletic shoes among non-sportspersons as well.
On the other hand, the growth in demand for athletic footwear is expected to remain sluggish in Europe and North America, where the market has grown saturated and the percentage of the elderly is much higher than other regions, impeding in the purchase of athletic footwear.
Changing consumer lifestyle Urbanization is an important factor that influences consumer lifestyle. The technology helps provide maximum flexibility and adequate support along the ankle to ensure free foot movement.
The industry has a huge opportunity owing to the emergence of e-commerce, which makes shopping simpler, easier, and more convenient. Non-athletic Product Segment to Continue Witness Robust Demand By product type, the global footwear market is segmented into non-athletic footwear and athletic.
On the other hand, non-athletic is sub-segmented into casual footwear, military boots, dress evening footwear, lite hiking outdoor sandal, and others. Following diagram shows the Chinese footwear consumption during The most well-known form of e-commerce is online shopping.
Consumer Trends Shaping the Designer Apparel and Footwear Industry Mar Designer apparel and footwear, like the entire luxury industry, is facing a challenging time as globally consumer preferences shift from ‘owning’ to ‘being’, and technologies reinvent. Global Athletic Footwear Market: Drivers and Trends The research report states that the opportunity in the global athletic footwear market is likely to be worth US$ bn by the end of During the forecast years of andthe global athletic footwear market is expected to surge at a Location: State Tower, 90 State Street, SuiteAlbany, The global athletic footwear market is further segmented into running and cross training/tennis shoe, soccer/football shoe, golf shoe, basketball shoe, hiking shoe, baseball shoe and others.
The global non-athletic footwear market is classified into casual footwear, dress evening footwear, military boots, lite hiking outdoor sandal and douglasishere.comon: State Tower, 90 State Street, SuiteAlbany, Technavio’s latest report on the athletic footwear market in the US provides an analysis on the most important trends expected to impact the market ou.
The report includes an in-depth footwear industry analysis, including information about current footwear market trends, such as high demand for stylish and trendy footwear among individuals of all age groups.
Factors affecting the demand for children footwear have been analyzed to offer insights based on consumer groups. View Trends, Analysis and Statistics. douglasishere.com offers immediate download access to top market reports on the Footwear Industry.Trends in the footwear industry