Market Overview:

The global athletic footwear market size reached US$ 116.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 189.8 Billion by 2028, exhibiting a growth rate (CAGR) of 4.3% during 2023-2028.

Athletic footwear refers to shoes specially designed for sporting and other activities, such as running, exercising, jogging, aerobic dancing, and recreational hobbies. They are manufactured using lightweight materials, such as leather, wood, rubber, plastic, jute, breathable knit polyester, and nylon mesh. As compared to traditional alternatives, athletic footwear has a stiffer sole and provides extra cushioning, flexibility, adjustability, durability, and stability. They also offer comfort, optimum arch support and protection, improve athletic performance, and prevent foot injuries and problems, such as fungal infections, corns, and ingrown toenails.

Athletic Footwear Market Trends:

The increasing participation in sports and physical activities and home workout routines due to the rising health consciousness among the masses is creating a positive outlook for the market. Additionally, the widespread product adoption by athletes and climbers to prevent muscle and leg injuries and remove excessive strain from the knee and back is acting as another growth-inducing factor. Apart from this, the introduction of lightweight athletic shoes made with mesh fabric layers enabling air-circulation and durability is providing an impetus to the market growth. The key manufacturers are actively working to develop innovative products with unique designs and superior comfort, which is further creating a positive outlook for the market. Moreover, the increasing demand for premiumization and customization for superior quality and design of athletic shoes is positively impacting the market growth. Besides this, the launch of athletic shoes manufactured with environmentally friendly materials, rising expenditure capacities of consumers, easy product availability across e-commerce platforms, and the development of smart footwear that gathers physical activity data on connected devices are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global athletic footwear market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, distribution channel and end user.

Breakup by Product Type:

• Aerobic Shoes
• Running Shoes
• Walking Shoes
• Trekking and Hiking Shoes
• Sports Shoes
   

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Specialty Stores
• Brand Outlets
• Online Channels
   

Breakup by End User:

• Men
• Women
• Kids
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Adidas AG, ASICS Corporation, FILA Holdings Corp, K-Swiss Inc., New Balance Inc., Nike Inc., Puma SE, Reebok International Ltd, Saucony, SKECHERS Inc. and Under Armour Inc.

Report Coverage:

Key Questions Answered in This Report:

• How has the global athletic footwear market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global athletic footwear market?
• What are the key regional markets?
• What is the breakup of the market based on the product type?
• What is the breakup of the market based on the distribution channel?
• What is the breakup of the market based on the end user?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global athletic footwear market and who are the key players?
• What is the degree of competition in the industry?