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Athletic Footwear Market By Top Players, Production, Consumption, Trade Statistics, And Growth Analysis 2030

The global athletic footwear market revenue was US$ 114.7 billion in 2021. The global athletic footwear market revenue is forecast to reach US$ 175.0 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.6% during the forecast period from 2022 to 2030.

Athletic Footwear Market Status, Trends and COVID-19 Impact Report 2021, Covid 19 Outbreak Impact research report added by Quadintel, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Athletic Footwear Market , and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Digital Evidence Management market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region

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A release on June 8th, 2021, by the Bureau and Economic Analysis and U.S. Census Bureau reports the recovering of the U.S. market. The report also described the recovery of U.S. International Trade in July 2021.In April 2021, exports in the country reached $300 billion, an increase of $13.4 billion. In April 2021, imports amounted to $294.5 billion, increasing by $17.4 billion. COVID19 is still a significant issue for economies around the globe, as evidenced by the year-over-year decline in exports in the U.S. between April 2020 and April 2021 and the increase in imports over that same period of time. The market is clearly trying to recover. Despite this, it means there will be a direct impact on the Healthcare/ICT/Chemical industries, resulting in a large market for Athletic Footwear.

The term athletic footwear refers to shoes designed for sport and other outdoor activities. Athletic shoes are those for running, basketball, tennis, and others, but they usually exclude shoes for sports such as football (soccer) and rugby. Rubber soles typically accompany shoes made of flexible material. The original design of athletic shoes was simple, but manufacturers have since adapted them for numerous sports. The use of athletic shoes has also expanded to the casual market, and young people are especially fond of them. The equipment and clothing that an athlete uses are part of their gear, including athletic footwear. There are specific levels of cushioning, flexibility, stability, traction, and durability in athletic shoes. A cushion reduces the force of impact.

Factors Influencing Market Growth

An increasing awareness regarding the health benefits of sports and fitness activities that lowers the risk of diseases such as obesity, depression, diabetes, and others is forecast to fuel the growth of the global athletic footwear market.
During the forecast period, the changing lifestyles of consumers, the rise in disposable income, and the growth of the retail e-commerce industry in international markets will all contribute to the global market’s growth.

As technology advances, new and innovative shoes become available, and people become aware of the importance of wearing the correct type of shoes to prevent muscle injuries, leg injuries, and many others, there is a growing demand for the athletic footwear market.
The popularity of branded athletic footwear among youngsters also influences the market’s growth.
The price of raw materials and the prevalence of fake and brand-copied athletic footwear products may slow down the market’s growth.

Impact Analysis of COVID-19

The COVID-19 outbreak disrupted production activities worldwide, affecting footwear production. The lack of consumer purchases caused by store closures had slowed manufacturing in 2020. Global footwear consumption fell as a result of COVID-19. The postponement of the 2020 Olympic Games in Tokyo and a steep decline in sports activities have directly impacted the athlete footwear industry.

The pandemic has thus compelled footwear companies to turn their attention to e-commerce channels. The trend will likely outline the global athletic footwear market outlook during the forecast period.

Regional Insights

The Asia Pacific region accounted for the highest shipment volume in the global athlete footwear market and is forecast to continue dominating during the forecast period. The primary reason for this is the large population base and lower average selling price of athletic footwear in the region than in developed economies such as the U.K. and the U.S.

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Leading Competitors

The leading prominent companies profiled in the global athlete footwear market are:

Asics Corporation
Adidas group
Puma SE
VF Corporation
Nike, Incorporated
FILA Korea, Limited
New Balance, Incorporated
SKECHERS, Incorporated
K-Swiss, Incorporated
Wolverine World Wide, Incorporated
Other Prominent Players
Scope of the Report

The global athlete footwear market segmentation focuses on Type, End-User, Distribution Channel, and Region.

Segmentation based on Type

Sports shoes
Tennis Shoes
Soccer Shoes
Basketball Shoes
Cricket Shoes
Others
Running and walking shoes
Hiking and backpacking shoes
Aerobic and gym wear shoes
Segmentation based on Distribution Channel

Hypermarkets/Supermarkets
Specialty Stores
Brand Outlets
Online Channels
Segmentation based on End-User

Men
Women
Kids
Segmentation based on Region

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North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America

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Key Questions Answered in the Market Report

• How did the COVID-19 pandemic impact the adoption of by various pharmaceutical and life sciences companies?
• What is the outlook for the impact market during the forecast period 2021-2030?
• What are the key trends influencing the impact market? How will they influence the market in short-, mid-, and long-term duration?
• What is the end user perception toward?
• How is the patent landscape for pharmaceutical quality? Which country/cluster witnessed the highest patent filing from January 2014-June 2021?
• What are the key factors impacting the impact market? What will be their impact in short-, mid-, and long-term duration?
• What are the key opportunities areas in the impact market? What is their potential in short-, mid-, and long-term duration?
• What are the key strategies adopted by companies in the impact market?
• What are the key application areas of the impact market? Which application is expected to hold the highest growth potential during the forecast period 2021-2030?
• What is the preferred deployment model for the impact? What is the growth potential of various deployment models present in the market?
• Who are the key end users of pharmaceutical quality? What is their respective share in the impact market?
• Which regional market is expected to hold the highest growth potential in the impact market during the forecast period 2021-2030?
• Which are the key players in the impact market?

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