Global Athletic Footwear Market Outlook – Growth Drivers and Opportunities Examined

Posted on 2018-07-02 by Mark Hub in Industrial, Retail, Sports // 0 Comments

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Dublin 2, Ireland, 2018-Jul-02 — /EPR Network/ — Athletic footwear are used on a large scale by athletes. The global athletic footwear market is influenced by several aspects which have a direct influence on its growth. The rising participation of young population in sports, fitness activities is one of the major reasons which is pushing the growth of the market. The rise in the disposable income is also growing owing to higher income scales. Coupled with this aspect, the increasing awareness about healthy lifestyle is pushing the growth of the global athletic footwear market. The demand for innovative and comfortable footwear as well as increasing e-commerce retail sector is driving the growth of the global athletic footwear market. Innovations which have led to increased functionality, use of material which reduce the overall weight of the footwear and quick availability are few of the aspects which have a greater impact on the market in a positive way. Europe region is expected to show higher market attractiveness for the global athletic footwear market.

Europe Region has Higher Market Attractiveness

Europe region shows high market attractiveness index and is more lucrative region for the global athletic footwear market. The market share of Europe is high and it dominates the global market by region and is poised to grow at a moderate growth rate. Asia-Pacific excluding Japan (APEJ) region is anticipated to grow at the highest growth rate reflecting a CAGR of 5.2% during the forecast period. APEJ region shows high potential during the forecast period. Other regions have a significant market share in the global athletic footwear market.

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4 Forecast Highlights on Global Athletic Footwear Market

1. Europe region shows higher market attractiveness and dominates the global market with respect to higher revenue share. Asia-Pacific excluding Japan (APEJ) region is poised to grow at the highest rate reflecting a CAGR of 5.2% during the period of forecast

2. Specialty boots segment by product type is anticipated to grow at a higher growth rate, yet has less market share. The running shoes segment by product type dominates the global market in terms of higher revenue share during 2017 and this trend is anticipated to continue during the forecast period

3. From an investment standpoint, there is a tough call to make between running shoes segment and backpacking shoes segment as there is less difference between their market shares. However, the backpacking shoes segment has higher growth rate compared to running shoes segment. Backpacking shoes segment is poised to reflect a CAGR of 4.4% during the period of forecast

4. Men segment by demographics dominates the market and reflects a market share of 40.4% as of 2017. However, the women segment by demographics is anticipated to grow at the highest growth rate during the period of forecast of 2017 to 2022. The kids segment shoes a slow growth rate and is expected to experience a loss in BPS by the end of 2022

Specialty Boots Segment Poised to Reflect High Pace

The specialty boots segment by product type is anticipated to grow at the highest growth rate as compared to other segments by product type. It is poised to register a robust CAGR of 5.8 % during the period of forecast. However, this segment shows a lower market share, almost half the market share of running shoes segment.

Specialty Stores Segment show High Potential; Sport Stores show Dominance

Specialty stores segment by distribution channel is expected to show higher growth rate during the forecast period of 2017 to 2022. It is poised to register a CAGR of 5% throughout the period, but has a comparatively less market share. It is expected to gain high BPS by the end of 2022. Sport stores segment by distribution channel show dominance over the market as they reflect the highest market share by value and this trend is poised to continue over the period of forecast. As far as market shares are concerned, there is a tough call between sport stores segment and hypermarket/supermarket segment as both have a similar market shares, sport stores segment having the upper hand.

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Table of Contents:

1. Global Athletic Footwear Market – Executive Summary

2. Global Athletic Footwear Market Overview

3. Global Athletic Footwear Market Analysis and Forecast By Product Type

4. Global Athletic Footwear Market Analysis and Forecast By Distribution Channel
4.1. Global Athletic Footwear Market Size and Forecast By Distribution Channel, 2012-2022
4.1.1. Hypermarket/Supermarket Athletic Footwear Market Size and Forecast, 2012-2022
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Departmental Stores Athletic Footwear Market Size and Forecast, 2012-2022
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region

5. Global Athletic Footwear Market Analysis and Forecast By Price-based
5.1. Global Athletic Footwear Market Size and Forecast By Price-based, 2012-2022
5.1.1. Economy Athletic Footwear Market Size and Forecast, 2012-2022
5.1.1.1. Revenue (US$ Mn) Comparison, By Region
5.1.1.2. Market Share Comparison, By Region
5.1.1.3. Y-o-Y growth Comparison, By Region

Continued…….

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