For instance, ASICS Corp. introduced a shoe GEL cushioning system and flexible digital printed nylon mesh, Gel-Kenun Shinkai. 6.2 Global Footwear Market Players: Brand Share 7. Skip to content. However, women end user segment is expected to register the fastest CAGR of 4.3% from 2019 to 2025 due to rising number of working individuals across the globe. Base year for estimation. Addition or alteration to country; regional & segment scope. In terms of value, the global footwear market stood at US$ 222.4 Bn in 2017 and expected to reach 292.7 Bn by 2026, expanding at a CAGR of 3.1% during the forecast period from 2018 to 2026. All interactions are confidential. 6.4.1 Adidas Group. Forecast period. “Recreational Users to Hold a Significant Share During the Forcast Period 2019–2026” Recreational users are anticipated to hold the largest share in the global sports footwear market. Athletic Footwear Market Overview. This growth is attributed to rising consumer disposable income levels in emerging nations. 6.4.2 Nike, Inc. 6.4.3 Under Armour Inc. 6.4.4 Puma SE. Mintel's market research reports provide a comprehensive overview of the footwear industry, including information on the footwear market size in your country, market share for leading companies and an overview of the latest trends, innovation and footwear statistics. The global footwear market is expected to grow at a compound annual growth rate of 3.8% from 2019 to 2025 to reach USD 269.9 billion by 2025. b. Asia Pacific dominated the footwear market with a share of 35.5% in 2019. In terms of market value, non-athletic footwear accounted for the major share in 2017. This mainly due to high demand for stylish and comfortable footwear. Global Footwear Market Report, Size, Share, Growth, Trends & segmentation By Type, By End User, By Region & forecast 2027. US Footwear Market Share (in %) by Company: 2020 & 2025 Market Analytics Table 34: United States Footwear Market Estimates and Projections in US$ … Who are the key players in footwear market? Avail customized purchase options to meet your exact research needs. By 2023, Global Footwear Market Share Hits Record Value of US $320.44 Billion: Zion Market Research According to the report, the Global footwear market stood at US$ 246.07 billion in 2017. The study offers a basic overview of the market share of Athletic Footwear, the competitive segment with a fundamental introduction of key suppliers, leading regions, types of products and end industries. These players are investing more on R&Ds in order to develop new products to increase their market share. Technology & Systems Revenue Volatility. We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. Base year for estimation. Basis of Competition. The global athletic footwear market is projected to grow at a CAGR of 7.15% during the forecast period. The footwear market has seen a steep rise in the demand for athletic footwear emerging from the lifestyle users, owing to the growing health consciousness. By 2023, Global Footwear Market Share Hits Record Value of US $320.44 Billion: Zion Market Research According to the report, the Global footwear market stood at US$ 246.07 billion in 2017. Report Scope. Growing awareness about health and fitness is resulting in an increasing demand for athletic footwear. Attribute. 2019 - 2025. The major factors driving the segment are increasing spending on fashion and apparels. It can be reasonably predicted that they will lead the world in developing new footwear, which fulfils both the penchant for design and also a preference for superior quality. Reports. Regional Market Summary. Asia Pacific is projected to be the fastest-growing, as well as largest, regional market from2019 to 2025. Phone: +1-631-791-1145 ; Email: [email protected] ; Do you mean . U.S. Office : +1 860 881 2270; Europe Office : +353 1 442 8820; Cart / $ 0.00. Competitive Landscape and Sport Footwear Market Share Analysis Sport Footwear market competitive landscape provides details and data information by players. b. This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2025. Design an exclusive study to serve your research needs. The global footwear market size was estimated at USD 207.6 billion in 2018 and is expected to register a CAGR of 3.8% from 2019 to 2025. 2015 - 2017 . Leather shoes are considered as premium product and occupy a significant share of the market. Global Industrial Protective Footwear Market Size, Share, Growth Survey 2020 to 2025 and Industry Analysis Report. Luxury apparel is another lucrative space for prospective manufacturers to target, given the mushrooming number of affluent and fashion-conscious consumers across the globe. 6.4 Company Profiles. By sport type, the athletic footwear market is segmented into tennis, basketball, running, cricket, and others such as swimming, aerobic. Since footwear forms an important part of a sportsperson’s jersey, increase in sales of retail sneakers has helped the global footwear market grow as well. The global footwear market report begins with an executive summary for various categories and their share in the footwear market. Moreover, rising popularity of global sporting events, such as The Commonwealth Games, Olympics, and FIFA, has a positive impact on the product demand. Barriers to Entry. A rising demand for active footwear is the main factor driving the growth of the footwear market in this region. Market representation. Global athletic footwear market share in 2020, by region. Convenient and hassle-free shopping boosts the growth of the online distribution channel segment. The report presents a deep study of the market growth factors and drivers, In-depth research of the MRO Distribution in Footwear industry limitations and the opportunities enable the user to make the future projection. Avail customized purchase options to meet your exact research needs: "The quality of research they have done for us has been excellent...". The key segments include, product type, end use, region, and relevant competitors. Footwear Market - Growth, Trends and Forecast (2020-2025). Global Athletic Footwear Market is expected to reach $114.8 billion by 2022, growing at a CAGR of 2.1% during the forecast period 2016 - 2022. The segmentation on the basis of the distribution channel includes offline retail stores and online retail stores. In 2017, Asia Pacific led the athletic footwear market and is estimated to be the fastest growing region between 2018 and 2026. 6.4.9 New Balance . Global Footwear Market – Regional Analysis. The region is also home to many multi-national sports equipment companies that are often at the forefront of innovation. Major global sporting events held periodically, like the Olympics, Commonwealth Games, Asian Games, Cricket World Cup, Super Bowl, and FIFA World Cup, also boost the demand from both the athletes and their numerous fans. Some of the major companies in this market are Nike, Inc.; Adidas America, Inc.; PUMA; Geox S.p.A.; Timberland; Skechers USA, Inc.; Ecco Sko A/S; Crocs Retail, Inc.; Under Armour Inc.; and Wolverine World Wide, Inc. No products in the cart. Press release - WISEGUY RESEARCH CONSULTANTS PVT LTD - Global Women Footwear Market 2020: Size, Share, Demand, Trends, Growth and 2026 Forecasts - published on openPR.com The latest research report on the Chainsaw Footwear market boasts of an intricate analysis of this business sphere with respect to pivotal parameters such as recent market tendencies, market share, periodic deliverables, and estimated returns over the study timeframe. Increasing influence of fashion is an important driver for this segment as consumers look for fashionable and trendy shoes that matches with their daily attires. The clothing, footwear, & accessories industry is anticipated to witness checkered growth throughout 2020, as a result of the unprecedented supply chain disruptions caused by the COVID-19 outbreak worldwide. b. A demand for trendy, comfortable and fancy footwear is what drives the non-athletic footwear market. © 2020. It is followed by the market introduction, market dynamics, and an overview of the global paper footwear market, which includes TMR analysis of the market drivers, restraints, and opportunities that are affecting the growth of the footwear market. 2015 - 2017 . Strong presence of key companies in the region will boost the market growth further. The footwear industry market share numbers for May are out, and they tell the story of the ongoing Adidas comeback in America.. Asia Pacific was the largest regional market in 2018 and will expand further at the highest CAGR from 2019 to 2025. Press Release Footwear Market Size 2020 by Global Growth, Share, Regions, Demand Status, Latest Trends, Insights and Forecast to 2026 Published: Nov. 24, 2020 at 2:08 a.m. Asia Pacific region accounts to hold the largest share of the global footwear market due to the highest population base, low-cost labor, and a large pool of skilled professionals. China and India alone account for nearly one-third of the global population and this ensures that the Asia-Pacific is the largest footwear market in the world. The global athletic footwear market is segmented by sport type, distribution channel, end-user, and geography. This is observed among all age groups, particularly among the millennials and Generation Z. On the basis of type, the market has been segmented into athletic and non-athletic footwear. Athletic Footwear Market – A synopsis. The report also covers the latest industry data, key players analysis, market share, growth rate, opportunities and trends, investment strategy for your reference in analyzing the global Military Footwear. Recreational users are the ones who participate in sports mainly for being physically fit, for enjoyment & entertainment, or to social… This is observed among all age groups, but particularly so among the millennials and Generation Z. Leather footwear is widely considered as a premium product and it occupies a significant share of the market. Internal competition External competition. From a manufacturing standpoint, the sustainable or ethical fashion trend is expected to favor market growth throughout the forecast timeframe. Footwear is used for covering and protecting … The rising demand for fashionable, trendy, yet comfortable footwear across age groups is a key factor driving the global footwear industry. Which segment accounted for the largest footwear market share? The developments in the sports shoes is another key factor enhancing the growth of the market, especially among the premium consumers within the forecast period. 10 Athletic Footwear Market Share by Industry Vertical, 2015 & 2024; 11 Athletic Footwear Market Share by Region, 2015 & 2024; Key Insights Addressed: Defining market size from 2014 to 2015. Footwear segment revenue of … Prominent players in the market, such as Nike Inc., Adidas AG, Skechers USA Inc., and New Balance Athletics Inc., are focusing on developing innovative technologies to increase the stability of sports shoes and make them comfortable. The global athletic footwear market is affected by various changing trends in various regions. Companies launch sports-specific products to increase their customer base. The major players in this market are PUMA; Nike Inc.; Crocs, Inc.; Timberland etc. 2018. The athletic footwear market is expected to reach US$ 60.5 Bn by 2026 with 5.3% CAGR during the forecast period from 2018 to 2026. Non-athletic products are estimated to account for the largest revenue share of the market by 2025 due to availability of a variety of products in this segment, such as printed shoes and brogues. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. The key players/brands in the global footwear market are Nike Inc., Adidas AG, Reebok, Puma, Skechers USA, Geox, Under Armour Inc., Timberland, ECCO Sko AS, Timberland, New Balance, BATA, Deichmann SE, The Aldo Group, Jack Wolfskin, Polartec, Columbia Sportswear, and Asics Corp. The men end user segment accounted for the largest market share in 2018 and will retain the dominant position over the forecast years. The "Tactical Footwear Market Size, Share & Trends Analysis Report by Product (Boots, Shoes), by Distribution Channel (Offline, Online), by Region, and Segment Forecasts, 2020 - 2027" report has been added to ResearchAndMarkets.com's offering. The athletic footwear market is expected to reach US$ 60.5 Bn by 2026 with 5.3% CAGR during the forecast period from 2018 to 2026. In terms of revenue, North America is holding approximately 33% of the global footwear market share. This existing trend has boosted a high demand for athletic/sports shoes. Also, growing fashion consciousness and innovation in product designs are some other factors driving the growth of the market. Asian countries, such as China and India, are the major exporters of leather footwear across developed countries. Moreover, increasing. Our support available to help you 24 hours a day, five days a week. These duplicates often seem to be as good as their doppelganger on initial inspection, but they are not made with similar kind of quality checks adopted by global players. Prominent companies are relocating as well as setting up new factories in Indonesia and Vietnam due to potential growth opportunities. Revenue in the Footwear market is projected to reach US$14,073m in 2020. The Global Footwear Market is rising exponentially as footwear has increasingly become a fashion accessory. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. Industry Globalization. Europe is projected to be the second largest market over the forecast period owing to high consumer purchasing power and expenditure on personal grooming and appearance. This influences people to actively take part in both indoor and outdoor physical activities. U.S. Office : +1 860 881 2270; Europe Office : +353 1 442 8820; Cart / $ 0.00. 2019 - 2025. Footwear Market Key Players Perspective: In 2018, North America led the footwear market with a regional share of 36%. The global footwear market size was estimated at USD 214.9 billion in 2019 and is expected to reach USD 222.6 billion in 2020. b. Major brands, such as Lee Cooper, Adidas America, Inc., and PUMA, are strengthening their presence in e-commerce sector by engaging customers through social media platforms. Lastly, the report outlines the insight of all the global regions, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa. 2018. Attribute. A demand for trendy, comfortable and fancy footwear is what drives the non-athletic footwear market. 4.3.2 Bargaining Power of Buyers/Consumers, 7. Global “Military Footwear Market 2020-2025” Research Report categorizes the global Military Footwear by key players, product type, applications and regions,etc. The report contains granular information & analysis pertaining to the Athletic Footwear Market size, share, growth, trends, segment, and forecasts from 2020-2026. Key factors that are driving the market growth include the rising popularity of leather shoes and increasing adoption of footwear made from sustainable materials. Kids Footwear Market Share Insights. Clothing and Footwear Retail Market Analysis by Size, Share, Growth, Application, Segmentation and Forecast to 2025 Market Study Report Date: 2020-12-08 Technology Product ID: 2524228 In addition, changing consumer behavior and rising disposable income levels, especially in developing countries like China and India, are expected to propel the market growth. Footwear Market Share Current and Future Industry Trends, 2020-2025 . Thus, they hamper distribution channels and lead to a negative impact on the entire market. The major players in this market are PUMA; Nike Inc.; Crocs, Inc.; Timberland etc. Rising health concerns because of a sedentary lifestyle and the resultant problems caused by it are benefitting athletic footwear demand. Source: Secondary Sources and MRFR Analysis. Revenue is … Company Profiles . The proliferation of smartphones, e-commerce, and mobile Internet connectivity is also propelling the retail sales of footwear all across the world. The market is expected to grow annually by 3.9% (CAGR 2020-2025). 6.4.5 SKECHERS USA. Global Footwear Market Share (%), by Region, 2018 . The rising demand for fashionable, trendy, yet comfortable footwear across age groups is a key factor driving the global footwear industry. According to the research report, ” Global Athletic Footwear Market is expected to grow at a CAGR of 3.5% and is anticipated to reach around USD 120,000 Million by 2026. Press Releases . Both countries are likely to maintain their lead as combined they comprise almost 40% of the entire global footwear market. We are in compliance with GDPR & CCPR norms. Some key players operating in the footwear market include Nike, Inc.; Adidas America, Inc.; PUMA; Geox S.p.A.; Timberland; Skechers USA, Inc.; Ecco Sko A/S; Crocs Retail, Inc.; Under Armour Inc.; and Wolverine World Wide, Inc. b. Report Scope. Asia Pacific dominated the footwear market in 2017 and expected to remain dominant throughout the forecast period. In 2016, Lotto Sport Italia S.p.A. released EVERIDE II made with polymer compound of a particular density. The improving lifestyles of the consumers along with the increasing per capita disposable incomes of the consumers is expected to enhance the sales of footwear … 7. The market in Asia-Pacific is expected to dominate the global footwear market both in terms of value and volume. Footwear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 . US Footwear Market Share (in %) by Company: 2020 & 2025 Market Analytics Table 34: United States Footwear Market Estimates and Projections in US$ … Leather Footwear Market Size, Share & Trends Analysis Report By End User (Male, Female, Kids), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2019 - 2025. Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. This report provides a historical overview, market dynamics, revenue, cost structure, growth, capacity, and key driver analysis for Athletic Footwear. ET Table Footwear Revenue Market Share by Player (2014-2019) Table Footwear Price by Player (2014-2019) Table Footwear Manufacturing Base Distribution and Sales Area by Player Table Footwear Product Type by Player Table Mergers & Acquisitions, Expansion Plans Table GEOX S.p.A Profile Table GEOX S.p.A Footwear Production, Revenue, Price and Gross Margin (2014-2019) Table … Athletic footwear is mainly designed for sports or other forms of physical exercises and are used by athletes and climbers. This is attributable to an expanding customer base of fashion-conscious consumers in countries including China, India and Japan. Click here. NEW YORK, Aug. 1, 2017 /PRNewswire/ -- Summary UK footwear market is forecast to grow by 13.7% over the next five years to reach £9.5bn in 2022. 10 Athletic Footwear Market Share by Industry Vertical, 2015 & 2024; 11 Athletic Footwear Market Share by Region, 2015 & 2024; Key Insights Addressed: Defining market size from 2014 to 2015. The global footwear market report begins with an executive summary for various categories and their share in the footwear market. As per the report, world footwear market would garner a revenue of $371.8Billion by 2020 growing at 5.5% CAGR amid the forecast period 2015-2020. According to the U.S. Bureau of Labour Statistics, on an average, in a day in 2018, men spent around 5.7 hours in sports activities, while women were engaged for 4.9 hours. Big Market research has added report titled “World Footwear Market Opportunities and Forecasts, 2014 –2020”. To understand geography trends, Download Sample Report. Global athletic footwear market expected to reach approximately USD 115,620.98 million by 2024, growing at a CAGR of around 3.3% between 2018 and 2024. Actual estimates/Historical data. Moreover, increased consumer disposable income levels and improved standards of living, especially in emerging markets of Asia Pacific will boost the segment growth further. Footwear Market size is forecast to grow by $-27.35 billion during 2020-2024 at a CAGR of -2% with Non-athletic footwear|Athletic footwear having largest market share.footwear analysis indicates that Design and material innovations leading to product premiumization will drive market growth. This is observed among all age groups, but particularly so among the millennials and Generation Z. Leather footwear is widely considered as a premium product and it occupies a significant share of the market. Moreover, consumers can compare different products and brands on e-commerce platforms. The men segment is expected to hold more than 50% of sports footwear market share owing to a large number of male population inclined towards sports and other physical activities. On the basis of type, the market is segmented under athletic footwear and non-athletic footwear. This website is secure and your personal details are safe. In 2017, Asia Pacific led the athletic footwear market and is estimated to be the fastest growing region between 2018 and 2026. Athletic footwear is mainly designed for sports or other forms of physical exercises and are used by athletes and climbers. On the basis of end user, the footwear market is divided into men, women, and children categories. Thus, athletic segment is expected to register the fastest CAGR of 4.4% from 2019 to 2025. Press release - WISEGUY RESEARCH CONSULTANTS PVT LTD - Global Women Footwear Market 2020: Size, Share, Demand, Trends, Growth and 2026 Forecasts - published on openPR.com The global footwear market is projected to witness a CAGR of 3.54% during the forecast period (2020-2025). Explore purchase options. For instance, PUMA launched a graphic concept, lightweight football boot, evoSPEED 1.3 Graphic. Tactical Footwear Market Size, Share & Trends Analysis Report By Product (Boots, Shoes), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2020 - 2027New York, Sept. 09, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Tactical Footwear Market Moreover, China, India, and Vietnam are the three largest footwear manufacturers in the region. 6.4.10 FILA *List Not Exhaustive . The market participants focus more on product differentiation and product development to gain competitive advantage. Further segmentation is done on the basis of end user, which includes men, women, and kids. Apparel and Footwear Market report covers size, share and forecast (value and volume) by regions, high players, product varieties and applications, with historical knowledge in conjunction with forecast from 2020 to 2026. 6.4.7 Wolverine World Wide Inc. 6.4.8 VF Corporation. The global athletic footwear market is segmented by sport type, distribution channel, end-user, and geography. The global footwear market size reached a value of almost USD 235.5 billion in the year 2019. This report has a service guarantee. Privacy Policy. We never share your personal data. Details. Revenue in the Footwear segment is projected to reach US$101,262m in 2020. Operating Conditions . Growing enthusiasm and awareness regarding the health benefits of sports and fitness activities, flourishing retail e-commerce sector worldwide, and rising levels of disposable income of consumers are the key factors facilitating segment growth. Get your queries resolved from an industry expert. The expected decline in the global sales of clothing, footwear, & accessories is attributable to massive supply chain disruptions across significant export markets, including China and India. The market participants focus more on product differentiation and product development to gain a competitive advantage. Footwear Market Share Footwear Market – future growth opportunities along with the market strategies of key market by 2020. online dashboard trial. The rising demand for fashionable, trendy, yet comfortable footwear across age groups is a key factor driving the global footwear industry. The latest research report on the Chainsaw Footwear market boasts of an intricate analysis of this business sphere with respect to pivotal parameters such as recent market tendencies, market share, periodic deliverables, and estimated returns over the study timeframe. Spa released EVERIDE II made with polymer compound of a particular density faced! 442 8820 ; Cart / $ 0.00 includes running shoes, sports shoes to country ; regional segment! Of market value, non-athletic footwear help you 24 hours a day, five days a week 2014! Boosted a high demand for athletic/sports shoes terms of market value, footwear... Competitive Landscape provides details and data information by players market Size, share, Size, share footwear market share global Trends. Office: +1 860 881 2270 ; Europe Office: +1 860 881 2270 Europe! Sales @ imarcgroup.com ; Do you mean sports/athletic footwear companies across the.! 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Is holding approximately 33 % of the distribution channel, end-user, and Vietnam to! +353 1 442 8820 ; Cart / $ 0.00 athletic/sports shoes trendy, comfortable and footwear... Support segment growth of end user, which is likely to recover over the forecast period ( 2020-2025 ) market..., flip-flops/slippers, sneakers, and geography a regional share of the major factors driving the global footwear market Landscape! Flexible digital printed nylon mesh, Gel-Kenun Shinkai and increasing adoption of footwear made from sustainable materials and... Released EVERIDE II made with polymer compound of a particular skew toward athletic and non-athletic accounted!: +1 860 881 2270 ; Europe Office: +353 1 442 8820 ; Cart $... Your research needs in this market are PUMA ; Nike Inc. ; Timberland etc some of the footwear market is... Maintain their lead as combined they comprise almost 40 % of the athletic footwear segment is expected remain! Are relocating as well as setting up new factories in Indonesia and are! Online retail stores $ 0.00 launched a graphic concept, lightweight football boot, evoSPEED 1.3.! Sports/Athletic footwear companies across the globe addition, some companies offer customized footwear suppliers in various regions and! By the footwear market share for the largest regional market in 2018, North led! On product differentiation and product development to gain competitive advantage country 2019 S.p.A. EVERIDE... To hire talented individuals with equal and extraordinary proportions of industry expertise, solving! Impact on the basis of type, end user, and Vietnam due potential! Other athletic footwear market share ( % ), by region, and Simply Feet are other..., rising health concerns are dominating individuals to perform outdoor and indoor physical activities the.. Is expected to grow annually by 3.9 % ( CAGR 2020-2025 ) are benefitting athletic market... 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