Global Athletic Footwear Market Size study & Forecast, by Type (Aerobic Shoes, Running Shoes, Walking Shoes, Trekking & Hiking Shoes, Sports Shoes), by End-user (Men, Women, Children) and Regional Analysis, 2023-2030
Global Athletic Footwear Market is valued at approximately USD 127.3 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 4.9% over the forecast period 2023-2030. Athletic footwear, also known as sports shoes or sneakers, is a type of footwear designed specifically for physical activities and sports. These shoes are engineered to provide comfort, support, stability, and protection to the wearer during various athletic pursuits. The Athletic Footwear market is expanding because of increasing sports activities, a Surge in government investment in sports events and growing health awareness.
As the popularity of sports and physical activities increases, more people engage in various sports, including running, basketball, soccer, tennis, and so on. Each sport requires specific footwear designed to provide the necessary support, cushioning, traction, and stability. As more individuals participate in these activities, the demand for specialized athlete footwear rises. For instance, the Sports & Fitness Industry Association and Sports Marketing Surveys USA's annual State of the Industry Report in 2022, stated that nearly 232.6 million Americans participated in sports and fitness activities in 2021, the most since 2016. Moreover, The Outdoor Participation Trends Survey 2022 estimates that 58.7 million Americans hiked in 2021. Furthermore, according to data from the Australian Sports Commission's (ASC) AusPlay Survey, 55% of women and 67.3% of children who play sports in Australia participate in sports-related activities. Thus, rising sports activities across the world are driving market growth. In addition, increasing sports infrastructure facilities and the growing number of fitness centers and gyms are creating new opportunities for market growth. However, increasing environmental concerns and rising prices of raw materials stifle market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Athletic Footwear Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to factors such as the rising number of sports and physical activities, rising gym membership, rising number of sports events, and increasing development of new designs. Whereas, Asia Pacific is projected to register the fastest growth owing to factors such as increasing investment in sports infrastructure, rising sports participation, and a rising number of sports events in the region.
Major market player included in this report are:
Adidas AG
ASICS Corporation
Fila Korea Co., Ltd.
Under Armour, Inc.
Lotto Sport Italia S.p.A
New Balance Athletics, Inc.
Vans, Inc.
Nike, Inc.
Puma SE
Reebok International Ltd.
Recent Developments in the Market:
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Aerobic Shoes
Running Shoes
Walking Shoes
Trekking & Hiking Shoes
Sports Shoes
By End-user:
Men
Women
Children
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
As the popularity of sports and physical activities increases, more people engage in various sports, including running, basketball, soccer, tennis, and so on. Each sport requires specific footwear designed to provide the necessary support, cushioning, traction, and stability. As more individuals participate in these activities, the demand for specialized athlete footwear rises. For instance, the Sports & Fitness Industry Association and Sports Marketing Surveys USA's annual State of the Industry Report in 2022, stated that nearly 232.6 million Americans participated in sports and fitness activities in 2021, the most since 2016. Moreover, The Outdoor Participation Trends Survey 2022 estimates that 58.7 million Americans hiked in 2021. Furthermore, according to data from the Australian Sports Commission's (ASC) AusPlay Survey, 55% of women and 67.3% of children who play sports in Australia participate in sports-related activities. Thus, rising sports activities across the world are driving market growth. In addition, increasing sports infrastructure facilities and the growing number of fitness centers and gyms are creating new opportunities for market growth. However, increasing environmental concerns and rising prices of raw materials stifle market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Athletic Footwear Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to factors such as the rising number of sports and physical activities, rising gym membership, rising number of sports events, and increasing development of new designs. Whereas, Asia Pacific is projected to register the fastest growth owing to factors such as increasing investment in sports infrastructure, rising sports participation, and a rising number of sports events in the region.
Major market player included in this report are:
Adidas AG
ASICS Corporation
Fila Korea Co., Ltd.
Under Armour, Inc.
Lotto Sport Italia S.p.A
New Balance Athletics, Inc.
Vans, Inc.
Nike, Inc.
Puma SE
Reebok International Ltd.
Recent Developments in the Market:
- In May 2023, ASICS, a multinational Japanese sportswear manufacturer, unveiled the GEL-KAYANO, the most comfortable stability running shoe. It had state-of-the-art technology to provide runners with adaptable stability and unparalleled comfort with each step.
- In September 2022, Asics Corporation unveiled the Novablast 3 trainers. The shoes' geometric Origami design, Asics technology, and unique cushioning produce a springy running sensation.
- Historical Data – 2020 - 2021
- Base Year for Estimation – 2022
- Forecast period - 2023-2030
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered – Type, End-user, Region
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Aerobic Shoes
Running Shoes
Walking Shoes
Trekking & Hiking Shoes
Sports Shoes
By End-user:
Men
Women
Children
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Athletic Footwear Market, by Region, 2020-2030 (USD Billion)
1.2.2. Athletic Footwear Market, by Type, 2020-2030 (USD Billion)
1.2.3. Athletic Footwear Market, by End-user, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
CHAPTER 2. GLOBAL ATHLETIC FOOTWEAR MARKET DEFINITION AND SCOPE
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
CHAPTER 3. GLOBAL ATHLETIC FOOTWEAR MARKET DYNAMICS
3.1. Athletic Footwear Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Increasing sports activities
3.1.1.2. Surge in government investment in sports events
3.1.1.3. Growing health awareness
3.1.2. Market Challenges
3.1.2.1. Increasing environmental concerns
3.1.2.2. Rising prices of raw materials
3.1.3. Market Opportunities
3.1.3.1. Increasing sports infrastructure facilities
3.1.3.2. Growing number of fitness centres and gyms
CHAPTER 4. GLOBAL ATHLETIC FOOTWEAR MARKET INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
CHAPTER 5. GLOBAL ATHLETIC FOOTWEAR MARKET, BY TYPE
5.1. Market Snapshot
5.2. Global Athletic Footwear Market by Type, Performance - Potential Analysis
5.3. Global Athletic Footwear Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Athletic Footwear Market, Sub Segment Analysis
5.4.1. Aerobic Shoes
5.4.2. Running Shoes
5.4.3. Walking Shoes
5.4.4. Trekking & Hiking Shoes
5.4.5. Sports Shoes
CHAPTER 6. GLOBAL ATHLETIC FOOTWEAR MARKET, BY END-USER
6.1. Market Snapshot
6.2. Global Athletic Footwear Market by End-user, Performance - Potential Analysis
6.3. Global Athletic Footwear Market Estimates & Forecasts by End-user 2020-2030 (USD Billion)
6.4. Athletic Footwear Market, Sub Segment Analysis
6.4.1. Men
6.4.2. Women
6.4.3. Children
CHAPTER 7. GLOBAL ATHLETIC FOOTWEAR MARKET, REGIONAL ANALYSIS
7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Athletic Footwear Market, Regional Market Snapshot
7.4. North America Athletic Footwear Market
7.4.1. U.S. Athletic Footwear Market
7.4.1.1. Type breakdown estimates & forecasts, 2020-2030
7.4.1.2. End-user breakdown estimates & forecasts, 2020-2030
7.4.2. Canada Athletic Footwear Market
7.5. Europe Athletic Footwear Market Snapshot
7.5.1. U.K. Athletic Footwear Market
7.5.2. Germany Athletic Footwear Market
7.5.3. France Athletic Footwear Market
7.5.4. Spain Athletic Footwear Market
7.5.5. Italy Athletic Footwear Market
7.5.6. Rest of Europe Athletic Footwear Market
7.6. Asia-Pacific Athletic Footwear Market Snapshot
7.6.1. China Athletic Footwear Market
7.6.2. India Athletic Footwear Market
7.6.3. Japan Athletic Footwear Market
7.6.4. Australia Athletic Footwear Market
7.6.5. South Korea Athletic Footwear Market
7.6.6. Rest of Asia Pacific Athletic Footwear Market
7.7. Latin America Athletic Footwear Market Snapshot
7.7.1. Brazil Athletic Footwear Market
7.7.2. Mexico Athletic Footwear Market
7.8. Middle East & Africa Athletic Footwear Market
7.8.1. Saudi Arabia Athletic Footwear Market
7.8.2. South Africa Athletic Footwear Market
7.8.3. Rest of Middle East & Africa Athletic Footwear Market
CHAPTER 8. COMPETITIVE INTELLIGENCE
8.1. Key Company SWOT Analysis
8.1.1. Company
8.1.2. Company
8.1.3. Company
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Adidas AG
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Recent Developments
8.3.2. ASICS Corporation
8.3.3. Fila Korea Co., Ltd.
8.3.4. Under Armour, Inc.
8.3.5. Lotto Sport Italia S.p.A
8.3.6. New Balance Athletics, Inc.
8.3.7. Vans, Inc.
8.3.8. Nike, Inc.
8.3.9. Puma SE
8.3.10. Reebok International Ltd.
CHAPTER 9. RESEARCH PROCESS
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Athletic Footwear Market, by Region, 2020-2030 (USD Billion)
1.2.2. Athletic Footwear Market, by Type, 2020-2030 (USD Billion)
1.2.3. Athletic Footwear Market, by End-user, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
CHAPTER 2. GLOBAL ATHLETIC FOOTWEAR MARKET DEFINITION AND SCOPE
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
CHAPTER 3. GLOBAL ATHLETIC FOOTWEAR MARKET DYNAMICS
3.1. Athletic Footwear Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Increasing sports activities
3.1.1.2. Surge in government investment in sports events
3.1.1.3. Growing health awareness
3.1.2. Market Challenges
3.1.2.1. Increasing environmental concerns
3.1.2.2. Rising prices of raw materials
3.1.3. Market Opportunities
3.1.3.1. Increasing sports infrastructure facilities
3.1.3.2. Growing number of fitness centres and gyms
CHAPTER 4. GLOBAL ATHLETIC FOOTWEAR MARKET INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
CHAPTER 5. GLOBAL ATHLETIC FOOTWEAR MARKET, BY TYPE
5.1. Market Snapshot
5.2. Global Athletic Footwear Market by Type, Performance - Potential Analysis
5.3. Global Athletic Footwear Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Athletic Footwear Market, Sub Segment Analysis
5.4.1. Aerobic Shoes
5.4.2. Running Shoes
5.4.3. Walking Shoes
5.4.4. Trekking & Hiking Shoes
5.4.5. Sports Shoes
CHAPTER 6. GLOBAL ATHLETIC FOOTWEAR MARKET, BY END-USER
6.1. Market Snapshot
6.2. Global Athletic Footwear Market by End-user, Performance - Potential Analysis
6.3. Global Athletic Footwear Market Estimates & Forecasts by End-user 2020-2030 (USD Billion)
6.4. Athletic Footwear Market, Sub Segment Analysis
6.4.1. Men
6.4.2. Women
6.4.3. Children
CHAPTER 7. GLOBAL ATHLETIC FOOTWEAR MARKET, REGIONAL ANALYSIS
7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Athletic Footwear Market, Regional Market Snapshot
7.4. North America Athletic Footwear Market
7.4.1. U.S. Athletic Footwear Market
7.4.1.1. Type breakdown estimates & forecasts, 2020-2030
7.4.1.2. End-user breakdown estimates & forecasts, 2020-2030
7.4.2. Canada Athletic Footwear Market
7.5. Europe Athletic Footwear Market Snapshot
7.5.1. U.K. Athletic Footwear Market
7.5.2. Germany Athletic Footwear Market
7.5.3. France Athletic Footwear Market
7.5.4. Spain Athletic Footwear Market
7.5.5. Italy Athletic Footwear Market
7.5.6. Rest of Europe Athletic Footwear Market
7.6. Asia-Pacific Athletic Footwear Market Snapshot
7.6.1. China Athletic Footwear Market
7.6.2. India Athletic Footwear Market
7.6.3. Japan Athletic Footwear Market
7.6.4. Australia Athletic Footwear Market
7.6.5. South Korea Athletic Footwear Market
7.6.6. Rest of Asia Pacific Athletic Footwear Market
7.7. Latin America Athletic Footwear Market Snapshot
7.7.1. Brazil Athletic Footwear Market
7.7.2. Mexico Athletic Footwear Market
7.8. Middle East & Africa Athletic Footwear Market
7.8.1. Saudi Arabia Athletic Footwear Market
7.8.2. South Africa Athletic Footwear Market
7.8.3. Rest of Middle East & Africa Athletic Footwear Market
CHAPTER 8. COMPETITIVE INTELLIGENCE
8.1. Key Company SWOT Analysis
8.1.1. Company
8.1.2. Company
8.1.3. Company
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Adidas AG
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Recent Developments
8.3.2. ASICS Corporation
8.3.3. Fila Korea Co., Ltd.
8.3.4. Under Armour, Inc.
8.3.5. Lotto Sport Italia S.p.A
8.3.6. New Balance Athletics, Inc.
8.3.7. Vans, Inc.
8.3.8. Nike, Inc.
8.3.9. Puma SE
8.3.10. Reebok International Ltd.
CHAPTER 9. RESEARCH PROCESS
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption
