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Sports Footwear as athletic shoes, tennis shoes, gym shoes, runners, takkies, or trainers) are shoes primarily designed for sports or other forms of physical exercise, but which are now also often used for everyday wear. The term generally describes a type of footwear with a flexible sole made of rubber or synthetic material and an upper part made of leather or synthetic materials. Examples of such shoes include athletic footwear such as: basketball shoes, tennis shoes, cross trainers and other shoes worn for specific sports.
The major manufacturers in this industry include Nike, Adidas, Skechers, etc., whose revenue accounts for 28.10%, 17.30% and 4.93% respectively in 2019. By region, the APAC region has the highest market share, at more than 43 percent.
Market Analysis and Insights: Global Sports Footwear Market
The global Sports Footwear market is valued at US$ 86200 million in 2019. The market size will reach US$ 126290 million by the end of 2026, growing at a CAGR of 5.6% during 2021-2026.
Global Sports Footwear Scope and Market Size
Sports Footwear market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Sports Footwear market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Athleisure shoes
Running shoes
Court Game Shoes
Cleats shoes
Gym and Training shoes
Others
Athleisure shoes was the larger segment, with a revenue market share close to 22.5% in 2019.
Segment by Application
Adult
Children
According to the app, adults have the highest share of income, accounting for more than 87 percent in 2019.
By Company
Nike
Adidas
Skechers
New Balance
Asics
Puma
Anta
Under Armour
Xtep
LI-NING
Mizuno
361
BasicNet
Peak
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
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