Scope in Basketball Shoes Market: Trends, Price, Revenue, Share, Growth and Forecast Until 2022

Dublin 2, Ireland, 2018-May-03 — /EPR Network/ —A freshly compiled business intelligent report, titled “Basketball Shoes Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been publicized to the vast archive of Fact.MR online repository. This 170-page study delivers all the vital details and information required to know about basketball shoes market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.

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Basketball shoes are used by both amateurs and professionals. Few newbies also go for basketball shoes for feel, support and comfort. They come in different pricing ranges, some are cheaper and some are premium. There are many advantages of basketball shoes which have a positive impact on the global basketball shoe market. Basketball shoes come in different price ranges, depending upon the brand, quality, material and additional features. Better ankle protection from twisting during play, increased disposable income, more number of people opting basketball as their part time game or even looking forward to do career are the main reasons which have a positive impact on the growth of the global basketball market. However, problems associated with certain manufacturing methods which release harmful chemicals and the damage of shoes caused from contact with moisture and other external agents due to poor material usage are hindering the global basketball shoes market. North America is expected to be the largest region for the basketball shoes market. According to Fact.MR’s research report on the global basketball shoes market, the market is anticipated to reach a value of about US$ 5Bn by 2022 reflecting a sluggish CAGR during the forecasted period of 2017-2022.

High Tops Top the List

High tops segment by shoes type is anticipated to show a higher growth rate as compared to other segments along with a higher market share by revenue thereby showing dominance during the period of forecast. The high tops segment is expected to grow at a CAGR of 2.8% during the forecast period of 2017 to 2022 and also is expected to gain a higher BPS by the end of 2022. The medium tops segment is also gaining speed slowly, and seconds the high tops segment. High tops segment growth can be attributed towards the conventional design and ankle protection feature of high top shoes that low tops segment does not show. Moreover, the high top shoes are less costly and more robust.

North America at the Zenith of the Global Market

North America region is expected to show higher market attractiveness index and is considered to be the most lucrative market. This region is expected to dominate the global basketball shoes market in terms of revenue share and growing at a comparatively higher growth rate than other regions. Europe is expected to show similar growth rate during the period of forecast, yet has a lower market share by revenue as compared to North America. The main cause rise in this market is attributed towards the increasing disposable income and more riches opting for basketball as a recreational sport and also intend to take care of their foot health and especially protect their ankles, thereby contributing to the fast growth rate of basketball shoes in the North America region. Asia-Pacific excluding Japan (APEJ) region shoes sluggish growth rate and a slower one as compared to these two regions throughout the forecast period.

By Buyer Type, the Individual Segment Outpaces Other Segments

The individual segment by buyer type shows a comparatively higher growth rate and is expected to register a CAGR of 2.9% during the period of forecast. The segment also portrays dominance owing to a higher market share among the three segments. This segment also expected to enjoy a higher gain in the BPS by the end of 2022. Following the individual segment, the institutional segment has taken a better turn with respect to growth and market share.

Third Party Online Channel Grows Stronger

The third party online channel segment by sales channel shoes a higher growth rate comparatively during the period of forecast with a higher market share by revenue thereby dominating the global market. This segment is poised to register a CAGR of 3.4% during the period of forecast. Following this segment, the direct customer brand outlet segment shoes good potential and is expected to grow at a steady rate during the period of forecast.

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Table of Content:

1. Global Basketball Shoes Market – Executive Summary

2. Global Basketball Shoes Market Overview
2.1. Introduction
2.1.1. Global Basketball Shoes Market Taxonomy
2.1.2. Global Basketball Shoes Market Definition
2.2. Global Basketball Shoes Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Basketball Shoes Market Y-o-Y Growth
2.3. Global Basketball Shoes Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
3. Global Basketball Shoes Market Analysis and Forecast By Shoes Type 
3.1. Global Basketball Shoes Market Size and Forecast By Shoes Type, 2012-2022
3.1.1. High Tops Basketball Shoes Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region

Continued….

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