Transparency
Market Research announces the publication of a new market
research report made available on the company’s website. The
research study, titled “Athletic
Footwear Market - Global Industry Size, Market Share,
Trends, Analysis and Forecast 2012 - 2018,” provides a detailed
analysis of the market, focusing on the key growth drivers, barriers,
current trends, product segmentation, key geographical segments, and
vendor analysis. The study has further included recommendations and
inputs given by industry experts in order to help the new and
existing players in formulating effective business
strategies.Athletic footwear includes shoes that are designed to
perform sports and other physical exercises effectively. This
footwear is designed using flexible soles made from synthetic or
rubber, which offer comfort to the user. A wide range of athletic
footwear are available for men, women, and kids. As per the research
study, in 2011, the global athletic footwear market was worth US$74
bn and is projected to reach a value of US$84.4 bn by the end of
2018. The market is anticipated to register a 1.80% CAGR between 2012
and 2018.
The growing
awareness regarding a healthy lifestyle has encouraged several people
to participate in sports, driving the overall athletic goods market
in the next few years. The major players operating in the market are
making efforts to introduce innovative designs to attract new
consumers and augment sales. In addition, the increasing number of
sports events, including ICC World Cup, Olympics, and FIFA World Cup,
are also encouraging the youth to participate in sports, spurring
demand for athletic footwear.
By product, the
global market for athletic footwear has been divided into sports
shoes, insert, backpacking shoes, and hiking shoes. In 2011, the
insert segment dominated the market, holding a 36% share in the
global market for athletic footwear. This segment is projected to
grow rapidly, registering a 1.70% CAGR between 2012 and 2018. On the
other hand, the sport shoes segment is also expected to grow at a
fast pace throughout the forecast period.
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By geography, the
global market for athletic footwear has been classified into Asia
Pacific, North America, Europe, and Rest of the World. In the last
few years, Asia Pacific dominated the market and is projected to
account for a 41.60% share in the overall market by the end of 2018,
owing to the growing population in this region. Europe is expected to
hold the second largest position in the global market for athletic
footwear. On the other hand, North America is projected to witness
sluggish growth in the next few years, owing to the high cost of
labor and raw materials.
The research study
offers a detailed vendor analysis of the global market for athletic
footwear and throws light on the competitive scenario. The company
profiles of the leading players operating in the global market have
been included in the research study. Some of the players mentioned in
the research report are Wolverine Worldwide Inc., Skechers, USA Inc.,
Geox SpA, New Balance, Adidas AG, Under Armour Inc., Puma AG, Nike
Inc., and Crocs. A detailed SWOT analysis of the prominent players
has also been added in the scope of the research report.
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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.
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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.
