Global Basketball Shoes Market: In-depth Evaluation on Growth, Share, Size and Trends until the End of 2022

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/ — Basketball shoes are one of the basketball game accessories which professionals as well as amateurs use while playing. These shoes provide comfort, firmness and grip and along with the much needed ankle protection. Apart from foot health, these shoes are also stylish, depending upon the brand and come in various designs, features, prices and sizes. The main disadvantage of these shoes is the harmful chemicals that are released while manufacturing them along with them getting damaged due to attack from external agents (for example moisture) due to low grade material or wrong manufacturing. North America region is expected to show higher lucrativeness for the global basketball shoes market.

4 Forecast Highlights on Global Basketball Shoes Market

1. High tops segment by shoes type is expected to grow at a higher growth rate as compared to other segments and is poised to continue showing its dominance throughout the period of forecast. The segment growth is mainly due to its foot friendliness and support while playing. The high tops segment is anticipated to grow at a CAGR of 2.8% throughout the period of forecast

2. The medium tops and low tops segments are expected to grow at a similar pace during the period of 2017 to 2022. The medium tops segment, however, has a higher market share than the low tops segment, and reflects a market share of 32.4%. Both are expected to lose BPS by the end of 2022

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3. Laces segment is expected to dominate the global market by closure type. The segment is poised to grow at a higher growth rate comparatively, and reflects a market share of 57.1%. the straps segment follows laces segment and is second from top with respect to growth rate and market share

4. North America region dominates the global market by region and has a higher market attractiveness index. It is considered to be the most lucrative region growing at a higher growth rate and registering a CAGR of 2.7% as compared to other regions. Basketball as a recreational game and as career is rising in this region, with bath professionals and amateurs opting for the game and also the basketball accessories, thereby raising the consumption bar of basketball shoes in this region

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.

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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.

Table of Contents:

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
2.4. Supply Chain
2.5. Cost Structure

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
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Mid Tops Basketball Shoes Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region

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