Athletic footwear is any type of shoe or boot specifically designed for sport or physical activities. Athletic footwear can range from specially designed shoes for specific sports such as running, walking, basketball, tennis, golf, and soccer, to shoes made for everyday recreational wear. Athletic footwear is one of the most important pieces of equipment for athletes and sports enthusiasts alike.
Athletic footwear is most popular in North America, followed by Europe and Asia. The United States is the largest market for athletic footwear, accounting for approximately 30% of global sales. China is the second largest market for athletic footwear, accounting for approximately 18% of global sales.
The global Athletic Footwear market was valued at US$ 54570 million in 2022 and is anticipated to reach US$ 68680 million by 2029, witnessing a CAGR of 3.3% during the forecast period 2023-2029. The influence of COVID-19 and the Netherlands-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Athletic Footwear Market available at: https://www.themarketreports.com/report/global-athletic-footwear-market-research-report
This report aims to provide a comprehensive presentation of the global market for Athletic Footwear, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Athletic Footwear.
United States is the largest Athletic Footwear market with about 37% market share. Europe is follower, accounting for about 31% market share.
The key players are NIKE, Adidas Group, Puma, New Balance, Asics, Skecher, K-Swiss, MIZUNO, KAPPA, Merrell, Vibram, LI-NING, ANTA, XTEP, 361°, PEAK etc. Top 3 companies occupied about 57% market share.
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