Global Sports Footwear Market: Overview 2017, Demand by Regions, Share and Forecast to 2022

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Rockville, US, 2018-Jan-31 — /EPR Network/ —  The global sports footwear market is expected to register moderate growth attributed to increasing demand in the sports and fitness industry. Demand for the smart sports shoes is further expected to rev up among the diabetic patients. However, adverse effects of the radiation generated through the wearable technologies is likely to inhibit growth of the global market. The report, compiled by Fact.MR, provides in-depth analysis of the global sports footwear market for the forecast period 2017-2022, and offers key insights about future market direction.

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The scope of Fact.MR’s report is to analyze the global sports footwear market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Sports footwear manufacturers, stakeholders, and suppliers in the global sporting goods & accessories industry can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and sports journals.

In order to offer readers with up-to-date information about the latest advancements in the global sports footwear market, the report provides updates about market opportunities, which can benefit leading manufacturers of sports footwear. With continuous evolution of the sporting goods & accessories industry, keeping a record of latest developments and trends is fundamental for sports footwear manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.

Considering the wide scope of the global sports footwear market and to offer in-depth insights, Fact.MR’s report provides segment-wise analysis and forecast. The global sports footwear market has been categorized on the basis of product type, end use, sales channel, and region. This segmentation analysis is comprehensive, coupled with a detailed country-wise forecast provided on all parameters.

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Modern Trade to Represent a Leading Segment

With increasing demand to remain fit, sales for the gym shoes will continue to rev up globally. The training & gym products as compares to other sports footwear products is expected to witness the highest revenue growth, representing a value of over US$ 6,000 Mn by the end of 2022. However, running sports footwear is expected to register the highest CAGR in the global market throughout 2022.

The men segment as compared to other end users is expected to generate significant revenues, recording a value of over US$ 9,000 Mn by the end of 2017. However, the unisex segment is expected to register a robust CAGR in the global market throughout 2022.

Sales of sports footwear through the modern trade sales channel is expected to remain high, accounting for a value of over US$ 7,000 Mn by the end of 2022. However, the third party online channel is expected to register the highest CAGR as compared to other sales channel during the forecast period.

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.

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized sports market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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