Sports Footwear Market was valued at US$ 141.79 Bn. in 2029. Global Sports Footwear Market size is expected to grow at a CAGR of 4.8 % through the forecast period.
Market Overview
The intelligence report on Sports Footwear market was published by Maximise Market research which indicates the expected growth in Sports Footwear market in the forecast period of 2022-2029. The Sports Footwear market is growing rapidly with a substantial growth rate over the previous years and it is estimated to grow more. The report provides Sports Footwear market drivers and restraints. It helps in recognizing the key drivers of the Sports Footwear market which driving the Sports Footwear markets growth and also helps to understand the upcoming opportunities by using the key drivers.
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Market Scope
The reports provides an in-depth analysis of the market size and its compound annual growth rate for forecast period. Leading analyst’s team has scrutinized the results and data while making of report. It also focuses on the key methods used by the competitors in the industry. It provides the reader and investors with up to data of the Sports Footwear market. Data on market size, current and future trends, market share, market dynamics, opportunities, threats and risks and the new entrants of the are represented in the report in the form of graphs, tables, pie charts and product statistics. Some methodologies were undertaken while researching such as SWOT, PESTLE and PORTER’S five forces analysis to understand the Sports Footwear market strengths and weaknesses.
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Segmentation:
Based on End Users, The men segment is expected to account for more than half of the market, Due to the male population's preference for sports and other physical activities. Males spent 5.7 hours on average in sports activities in 2021, while women spent 4.9 hours. In addition, the growing engagement of females in a variety of sports on a national level is fueling the rise of women's sports footwear.
The female participation rate in the PyeongChang 2021 Olympic Winter Games was 41%. Furthermore, the growing participation of women in a variety of athletic activities is expected to boost market growth. Furthermore, advanced countries have a far higher total level of fitness awareness among women than underdeveloped countries. However, in developing nations, the situation is gradually changing as a result of government initiatives to encourage women to participate actively in sports and other fitness-related activities. This is to raise sales of women's athletic footwear in emerging nations significantly.
Key Players:
• Nike Inc
• Adidas AG
• Under Armour
• Puma SE
• Skechers
• New Balance
• Asics
• Brooks
• Yonex
• Fila Korea
• Crocs Inc
• Wolverine World Wide
• Geox SpA
• K-Swiss
• V F Corporation
• Reebok
• Lotto Sports Italia
• Anta
Regional Analysis
Regional analysis provided in the report by MMR indicates the Sports Footwear market’s growth region wise with analysis of the Sports Footwear market in specific country. The report also provides the information regarding the Sports Footwear market dominating country as well as the least achieving countries in the industry. It also covers the geographic conditions of the market and revenue generated and in-depth analysis into the business structure and new updates.
Key Questions answered in the Sports Footwear Market Report are:
Key offerings:
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Mar 13, 2023