Fact.MR Reveals Analysis Report on Global Sports Footwear Market for the Forecast period, 2017 to 20

Published: Wed Nov 21 2018

Evolution of athletic shoes technology has led to a significant transformation in the design, and functions of the sports footwear. Besides providing protection to the users during the athletic, fitness and sports activities, the sports footwear is equipped with enhanced technological features that boost the performance of the end users. As demand for smart sports shoes continue to increase among the athletes, fitness professionals, and sportsmen, manufacturers in the sports industry are mainly focusing on integrating enhanced technology that helps in boosting performance. Running, basketball, gym, soccer, golf, and ice-hockey are a few sports, and fitness activities continue to inspire the youth population for participating in the sports and fitness activities. Bound to these factors, the global sports footwear market is expected to witness a significant growth in the upcoming years.

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Equipped with aerodynamic technology, the sports footwear allows the sportsmen and athletes to boost their performance. Integrated with advanced technology, the sports technology allows the athletes to jump higher, run faster, and boost strength. The smart sports footwear are also equipped with cushions that are meant to provide comfort to the sportsmen and athletes. Attributed to these trends, and activity specific smart footwear, manufacturers are designing, and embedding activity specific technologies in the sports footwear products. Surge in demand for tracking the fitness regime, and the heart rate has led several manufacturers to integrate technologies including fitness trackers, and heart rate monitors in the sports footwear for the fitness professionals.

Besides the sports and fitness industry, several diabetic patients are suggested to wear sports shoes that are equipped with fitness tracking features. Through the fitness tracking accessories, the diabetic patients can conveniently track the heart rate, and blood and sugar level while performing routine activities. Considerable demand among the diabetic patients is expected to contribute towards growth of the global market positively.

In order to keep a track of the fitness regime, and monitor the heart rate, the end users including sportsmen and fitness professionals are required to wear the smart sports footwear, and such sports related accessories all the time. However, as communication with the wearable technologies generate harmful radiation, the health of the end users can be effected negatively. Bound to such factors, sales of the sports footwear is likely to witness a drop in growth during the forecast period.

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Tracking & Gym to Represent a Dominant Segment

As people are becoming more conscious about their fitness, demand for the sport footwear is likely to increase in the fitness industry. Tracking & gym sport footwear products are likely to sell more than the other sport footwear globally. Currently, the tracking & gym product type segment is projected to represent more than US$ 6,000 Mn by 2022-end. By end users, the men segment is projected to represent relatively high growth in terms of revenue, recording more than US$ 9,000 Mn by 2017-end. Sales of the sports footwear products will continue to witness significant growth through the modern trade channel. The modern trade sales channel segment is projected to account for more than US$ 7,000 Mn by 2022-end.

Competition Tracking

Leading market players operating in the global sports footwear market include Nike, Inc, Adidas AG, Under Armour, Puma SE, Skechers USA, New Balance, Asics, Brooks, Yonex, and Fila Korea.

Table of Content:

  1. Global Sports Footwear Market - Executive Summary

  2. Global Sports Footwear Market Overview
    2.1. Introduction
    2.1.1. Global Sports Footwear Market Taxonomy
    2.1.2. Global Sports Footwear Market Definition
    2.2. Global Sports Footwear Market Size (US$ Mn) and Forecast, 2012-2022
    2.2.1. Global Sports Footwear Market Y-o-Y Growth
    2.3. Global Sports Footwear Market Dynamics
    2.4. Cost Structure Analysis
    2.5. Trade Outlook
    2.6. Value Chain Assessment and Profitability Margins
    2.7. Raw Material Sourcing Strategy and Analysis
    2.8. List of Distributors
    2.9. Key Participants Market Presence (Intensity Map) By Region

  3. Global Sports Footwear Market Analysis and Forecast By Product Type 
    3.1. Global Sports Footwear Market Size and Forecast By Product Type, 2012-2022
    3.1.1. Running Market Size and Forecast, 2012-2022 Revenue (US$ Mn) Comparison, By Region Market Share Comparison, By Region Y-o-Y growth Comparison, By Region
    3.1.2. Training & Gym Market Size and Forecast, 2012-2022 Revenue (US$ Mn) Comparison, By Region Market Share Comparison, By Region Y-o-Y growth Comparison, By Region
    3.1.3. Basketball Market Size and Forecast, 2012-2022 Revenue (US$ Mn) Comparison, By Region Market Share Comparison, By Region Y-o-Y growth Comparison, By Region
    3.1.4. Football Market Size and Forecast, 2012-2022 Revenue (US$ Mn) Comparison, By Region


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