Badminton Shoes Market Poised to Expand at a Robust Pace Over 2031

Posted on 2022-03-17 by Future Market Insights, Inc in Retail // 0 Comments

The Badminton Shoes Market research report aims to provide an unbiased and a comprehensive outlook of the global market to the readers. Analysts have studied the key trends defining the trajectory of the market. The research report also includes an assessment of the achievements made by the players in the Badminton Shoes so far. It also notes the key trends in the market that are likely to be lucrative.

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Badminton shoes market exhibited growth at an impressive CAGR of over 7% from 2013 to 2017. This growth can be ascribed to the fact that badminton ranks among the most popular sports in the world by participation.
Global demand for badminton shoes is likely to reach new heights and exceed US$ 2,800 Mn in 2019, owing to ever-increasing popularity of racquet sports, including badminton.
Demand for badminton shoes with rubber soles will continue to outgrow other types, with global demand estimated to exceed US$ 1,900 Mn in 2019.
East Asia will continue to be the leading market for badminton shoes, with China spearheading demand. Asians actively pursuing badminton as a recreational sport, hobby, or profession is fuelling the growth of this regional market.

Badminton Shoes: Key Market Players

Cosco (India) Ltd, Mizuno USA, Inc.
Carlton Sports
VICTOR RACKETS IND. CORP
Adidas AG
Li Ning Company Limited

Global Badminton Shoes: Segmentation

· Based on product type, the global Badminton Shoes market can be segmented as:

- Bakery products
- confectionery
- Desserts
- Dairy and frozen desserts

· Based on special diet needs, the global Badminton Shoes market can be segmented as:

- Gluten-free
- vegan
- organic
- Natural

· Based on flavours, the global Badminton Shoes market can be segmented as:

- Fruits
- Vegetables
- Meats

· Based on the distribution channel, the global Badminton Shoes market can be segmented as:

- B2B
- B2C
  - Hypermarkets/Supermarkets
  - Convenience Store
  - Specialty Store
  - Online Retail Stores
  - Others

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Following Questions Answers Covered in the Report are:

How will the global Badminton Shoes perform during the forecast period? What will be the market size in terms of value and volume?
Which segment will drive the global Badminton Shoes? Which regional market will show extensive growth in the future? What are the reasons?
How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
What are the key strategies adopted by players to sustain themselves in the global Badminton Shoes?
How will these strategies influence the market growth and competition?

Badminton Shoes Market- Competitive Landscape

In 2018, Yonex Co., Ltd. – a leading manufacturer of sporting equipment for golf, tennis, and badminton- made an official announcement of the release of its lightest badminton shoe, namely ‘POWER CUSHION AERUS 3’ of around 270 grams. This badminton shoe by Yonex can exceptionally absorb the after-impact of badminton footwork whilst offering unmatched flexibility and comfort to the player. This new product not only claims of offering enhanced resilience and shock-absorption, but also promises improved elasticity and agility.
In 2018, Puma SE joined hands with Havas Media, a leading media division of the marketing & communications arena of the Havas group. This is a part of the company’s ‘over-arching strategy’ to introduce major reforms in its marketing approaches, which, in turn, will help in boosting brand-customer interaction and driving sales growth.
In 2018, Lotto Sport Italia- a key manufacturer of causal and sporting clothing and footwear- launched one of the uniuque technologies of the company, namely ‘AMF – Adapto Memory Foam’ campaign in Bangaladesh. As per this campaign, customers making purchases of Lotto shoes worth Tk1500 form any of the flagship stores owned by the company will also get a pair of AMF shoe insole as a gift. This campaign was run by the company with a sole objective of reaping profits via value-added offerings.

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The Badminton Shoes report answers the following queries:

What is the largest share held by key players in the market?
What strategies have proven most advantageous in the Badminton Shoes?
Which region promises largest opportunity for new investors during the forecast period 2021 to 2031?
What factors will most likely present challenges to growth during the forecast period?
What will be the value of total revenues, and at what CAGR will the growth compound during the forecast period 2021 to 2031?

Report Highlights:

Detailed overview of parent market
Changing dynamics of the Badminton Shoes market in the industry
In-depth market segmentation and analysis
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments in Badminton Shoes market
Competitive landscape of the Badminton Shoes market.
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective Badminton Shoes market performance
Must-have information for Badminton Shoes market players to sustain and enhance their market footprint.

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