Global Athletic Footwear Market Bolstered by Rising Interest in Sports; Market to reach US$84.4 bn in 2018

The global athletic footwear market is likely to exhibit a CAGR of 1.80% within a forecast period of 2012 to 2018. The market was valued at US$74 bn in 2011. By the end of 2018, the global athletic footwear market is expected to reach US$84.4 bn, according to a research report released by Transparency Market Research. The report, titled “Athletic Footwear Market - Global Industry Size, Market Share, Trends, Analysis And Forecast 2012 - 2018” is available for sale on the company website.

According to the report, the global athletic footwear market is driven by the increasing interests shown by consumers in sports. This applies especially to the younger demographic, which is mostly influenced by athletes in their field of interests. The youth interest in sports is considerably fueled by the growing media coverage of sports events such as the FIFA World Cup, the ICC World Cup, and the Olympics, along with expanding coverage of regular sporting seasons such as the English Premier League and Wimbledon.

The global athletic footwear market is additionally boosted by the growing health concerns among consumers, who are becoming more inclined towards exercise and physical activities such as trekking.The global athletic footwear market is hampered by a rising rate of piracy and an increasing concern over the damage manufacturing and disposal of athletic footwear can have on the environment.

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The report includes a segmented analysis of the global athletic footwear market, which reveals that 62.0% of the consumption of athletic footwear is done by males, while females take up 29.0% of it. The remainder is held by the segments of kids’ athletic footwear segment, which is expected to expand at a CAGR of 1.3% between 2012 and 2018.

The report’s analysis of the global athletic footwear market based on products shows shoe inserts to be the leading segment with a share of 36% accounted for in 2011. Other segments include sports shoes, backpacking boots, and hiking boots.The global athletic footwear market is also divided into store-based and non-store-based footwear sales in terms of the retail distribution channels. Store-based retailing dominated the athletic footwear market in terms of sales.

The report’s regional analysis reveals the global athletic footwear market’s leader to be Asia Pacific. This region is expected to hold around 41.6% of the global athletic footwear market by 2018. Asia Pacific consumption of athletic footwear is high due to a high density of population coupled with increasing disposable incomes of people living in the region.

Europe follows Asia Pacific in revenue generated, while the North America athletic footwear market shows a sluggish growth owing to an already matured market along with an increasing cost of raw materials.Prominent players in the global athletic footwear market are Saucony, Vans, K-Swiss, New Balance, Converse, and Skechers. The market is led by companies such as Asics, Adidas, Nike, Reebok, and Puma, which collectively held nearly 80% of the global athletic footwear market in 2011.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Global Athletic Footwear Market Research Report Up to 2018

The global athletic footwear market continues to grow owing to the rise in retail culture.The introduction of new and innovative athletic footwear products is key to driving sales of athletic footwear market. In addition, the growing health awareness among people and the rising demand for comfortable footwear are the other factors driving the growth of the global athletic footwear market.

This report titled “Athletic Footwear Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 – 2018,” provides in depth analysis, market size estimates, market shares and forecast covering the period 2012 – 2018 for the global market.

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This report analyzes the global athletic footwear market, with further breakdown into various sub-segments. It provides cross-sectional analysis of the market based on parameters such as product type, consumer group, retail distribution and countries breakdown. The analysis covers market estimates in terms of revenue and forecast for the period of 2012 to 2018. This report is thereby produced to give a detailed overview of the ongoing trends in the market. The market overview section of the report demonstrates the market dynamics and trends such as the drivers, growth challenges (restraints) and opportunities that influence the current nature and future status of this industry. Impact factors such as market attractiveness and Porter’s five forces analysis have also been explained in the market overview section of the report, in order to give a thorough analysis of the overall competitive scenario in the global athletic footwear market. Moreover, the report gives better understanding of the market with the help of insights on the different levels of value chain. This will further help in assessing the market situation and competitiveness

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The global athletic footwear market is categorized on the basis of categry, consumer group, retail distribution, and geography. Based on category, the market has been segmented into insert (aerobics shoes, athleisure footwear, running shoes, walking shoes), sports cross training (baseball footwear, basketball footwear, soccer shoes, tennis shoes, cricket footwear, other sports shoes), hiking shoes (outdoor / rugged footwear, trekking and walking boots, seasonal boots, specialty boots, mountaineering boots), backpacking boots (approach shoes, hiking boots, technical shoes). Further, the consumer group segment has been sub-segmented into men, women and kids. On the basis of retail distribution, the market is segmented into store-based retailing and non store-based retailing. A detailed market analysis and forecast for these segments has been provided in this study, in terms of market revenue (USD million) for the period 2011 to 2018. The market revenue has been forecast for the period 2012 to 2018, considering 2011 as the base year. Following geographies are considered in the report, North America, Europe, Asia-Pacific and RoW.

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Apart from the detailed sub-segment analysis as illustrated through the figure given below, this report also provides company profiles of key market players. The competitive profiling of these players includes company and financial overview, business strategies adopted by them, SWOT analysis and their recent developments which can help in assessing competition in the market. Major companies included in this report are Nike Inc., Adidas AG, Skechers USA Inc., Puma AG, Crocs Inc., New Balance, ASICS Corporation, Under Armor Inc., Geox SpA, Wolverine Worldwide Inc.

More Report About Footwear Market :

Global Footwear Market - http://www.transparencymarketresearch.com/footwear-market.html

North America Footwear Market - http://www.transparencymarketresearch.com/north-america-footwear-market.html

Asia Pacific Footwear Market - http://www.transparencymarketresearch.com/asia-pacific-footwear-market.html

Europe Footwear Market - http://www.transparencymarketresearch.com/europe-footwear-market.html

This research is specially designed to estimate and analyze the demand and performance of athletic footwear products in global scenario. This research provides in-depth analysis of athletic footwear products manufacturers, product sales, trend analysis by segments and demand by geography. The report covers all the major product segments of the global athletic footwear product market and provides in-depth analysis, historical data and statistically refined forecast for the segments covered. The study presents a comprehensive assessment of the stakeholder strategies and winning imperatives for them by segmenting the global athletic footwear market as below:

By Category

Insert

• Aerobics Shoes
• Atheleisure Footwear
• Running Shoes
• Walking Shoes

Sports (Cross Training)

• Baseball Footwear
• Basketball Footwear
• Soccer Shoes
• Tennis Shoes
• Cricket Footwear
• Other Sports Shoes

Hiking Shoes

• Other Athletics Footwear
• Outdoor / Rugged Footwear
• Trekking and Walking Boots
• Seasonal Boots
• Specialty Boots
• Mountaineering Boots

Backpacking Boots

• Approach Shoes
• Hiking Boots
• Technical Shoes

By Consumer Group

• Kids
• Women
• Men

By Retail Distribution

• Store Based
• Shoe Stores
• Discount Shoe Stores
• Sports and Athletic Goods Stores
• Mass Discounters
• Department Stores and Chains
• Specialty Apparel Stores
• Off Pricers

Non Store Based

• Catalog
• Teleshopping
• Internet

In addition the report provides a cross-sectional analysis of all the above segments with respect to following geographical markets:

• North America
• Europe
• Asia-Pacific
• Rest of the World (RoW)

About Us :

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Athletic Footwear Market - Global Industry Size, Market Share, Trends, Analysis And Forecast 2012 – 2018

Athletic Footwear Market - Global Industry Size, Market Share, Trends, Analysis and Forecast, 2012 - 2018 a report by Transparency Market Research draws valuable insights about the global Athletic Footwear Market and provides in-depth analysis of the factors that could lead further growth and losses in the industry along with a forecast for the market.

According to the report, the global athletic footwear market, which had market value worth USD 74.7 billion in 2011, could grow at a CAGR of 1.8% during the forecast period of the report which is from 2011 to 2018. It will reach market value worth USD 84.4 billion by 2018.

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Currently, sales in the Asia Pacific region earn this market its major chunk of revenues. This region with world’s largest share of population is expected to amass nearly 41.6% market shares of the industry by 2018 and would be closely followed by Europe. The market in North America, on the other hand is expected to observe growth at a relatively slower pace owing to reasons such as high material and labor cost and strong competition.

Some of the major reasons driving growth of this industry are growing world population, rise in disposable income in major economies, rising awareness about healthy lifestyle, and the corresponding rise in demand for comfortable and innovative footwear.

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Consumer-wise, the market is divided into segments such as men, women, and kids. Amongst these the men’s footwear section is the lead revenue generator and is estimated to have nearly 62% share of the overall market. This is followed by the women’s footwear section with nearly 29% market share. This section (women’s footwear) is estimated to grow at a CAGR of 1.3% from 2011 to 2018 states the report. The section of kid’s footwear is expected to observe the fastest growth rate, a CAGR of nearly 1.3% during the forecast period.

Product-wise, the segment of shoe inserts is currently holds the major chunk of the market share, an estimated 36% and is likely to observe growth at a CAGR of 1.7% during the forecast period. The sports footwear segment currently holds nearly 355 shares of the market and is expected to experience the fastest growth at a CAGR of 2.1% till 2018. The segments of hiking shoes and backpacking shoes hold market shares worth 19% and 9% respectively.

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Geography-wise, the region of Asia Pacific is the lead revenue generator of the market and holds nearly 42% market shares. Its market position is supposed to have benefitted from factors such as heavy concentration of leading footwear manufacturers and the cheap labor and raw material cost.

The overall market is dominated by five major players namely - Nike, Adidas, Puma, Reebok, and Asics. These five brands solely cover nearly 80% market share of the global athletic footwear market. Other players in the market are Converse, Sketchers, New Balance, Vans, K-Swiss, and Saucony.

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About Us :

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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