The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The global athletic footwear market is projected to rise from $77.5 billion in 2022 to $81.85 billion in 2023, with a 5.6% CAGR. By 2027, it’s expected to reach $102.06 billion, growing at a 5.7% CAGR.

What will drive the athletic footwear market?

The rising number of sports tournaments is expected to propel the growth of the athletic footwear market.

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Who are the major players in the market?

Major Market Players in the athletic footwear market include Adidas AG, ASICS Corporation, Fila, Under Armour, Lotto Sport, New Balance, Vans, Nike, Puma, Skechers, K-Swiss, Wolverine World Wide, BATA, Columbia Sportswear, and The Aldo Group.

Which trend is gaining popularity in the athletic footwear market?

Recycled materials in shoe production are a rising trend in the athletic footwear market. Companies aim to cut carbon footprints and achieve sustainability goals.

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How is the athletic footwear market segmented?

Global Athletic Footwear Market Segments Include:

• By Product Type:Running Shoes, Sports Shoes, Trekking/Hiking Shoes, Other Product Types
• By End User:Men, Women, Kids
• By Distribution Channel:Hypermarkets/Supermarkets, Specialty Stores, Brand Outlets, Online Channels
• By Geography:The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global athletic footwear market in 2021.

The Athletic Footwear Global Market Report 2023  provides an overview of the athletic footwear market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The athletic footwear market forecast analyzes athletic footwear market size, athletic footwear market share, leading competitor and their market positions.

Athletic footwear caters to specific sports, exercise, or leisure activities, considering movements. It offers sport-specific attributes like cushioning, stability, traction, flexibility, and durability.

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