Athletic Footwear Market Size is set to Grow at a Remarkable Pace in the Coming Years

1. Athletic Footwear Athletic Footwear Market is Market is Expected to Grow Expected to Grow at a CAGR of 2.1% at a CAGR of 2.1% by 2022 by 2022 Opportunity Analysis and Industry Forecast, 2016-2023 Global Opportunity Analysis and Industry Forecast, 2016-2023

2. ATHLETIC FOOTWEAR MARKET Athletic Footwear Market report, published by Allied Market Research, forecasts that the global market is expected to garner $114.8 billion by 2022, growing at a CAGR of 2.1% during the period 2016 - 2022. Asia-Pacific accounted for the highest revenue in 2015, followed by Europe. The segmentation by type includes sports shoes, running & walking shoes, hiking & backpacking shoes, and aerobic & gym wear shoes. Running & nwalking shoes accounted for the maximum market share of 40.7% in 2015, due to their widespread adoption as daily wear shoes by consumers, worldwide. North America exhibited the highest penetration of aerobic and gym wear shoes in 2015, owing to consumers involvement in gym and dance classes in countries such as the U.S. and Canada. Within the sport shoes category, soccer accounted for the momentous market share of 28.5% in 2015, due to growing popularity of the sport across the globe. Asia-Pacific would lead the market throughout the analysis period, followed by Europe. The market in APAC is expected to witness the highest growth driven by the increasing disposable income, rising health awareness, and increasing demand for fashion footwear.

3. ATHLETIC FOOTWEAR MARKET TOP IMPACTING FACTORS FOR ATHLETIC FOOTWEAR MARKET Emerging trends in sports and fitness Obesity is a major health issue in developed countries, such as U.S. and Europe, with one out of three persons being obese. The regional populace is focused on activities such as yoga, gym, and jogging to combat obesity. Hence, the demand for athletic footwear is higher in these countries. The rising health awareness among consumers is expected to further increase this demand in the coming years. Download Sample Report (PDF) @: https://www.alliedmarketresearch.com/request-sample/1397 Changing consumer lifestyle Urbanization is an important factor that influences consumer lifestyle. According to the Department of Economic and Social Affairs, Population Division (2014) of the United Nations, 54% of the world’s population resided in urban areas in 2014, and by 2050, 66% of the world’s population is expected to move to urban areas. North America, Latin America, and Europe are the most urbanized regions with a large consumer base and emerging fashion trends. The changing consumer lifestyle is expected to increase the demand for the athletic footwear in the coming years.

4. ATHLETIC FOOTWEAR MARKET ATHLETIC FOOTWEAR MARKET KEY BENEFITS This report provides an extensive market scenario, covering the current trends and revenue figures that are forecast from 2016- 2022 • Market intelligence for key development strategies adopted by top companies are explained through comprehensive impact analysis • Practical evaluation of the key market drivers and restraints for global athletic footwear industry segments such as applications and type are dealt with efficiently • Emphasis is laid on key athletic footwear market trends that have a direct impact on the growth figures. These factors are critically analyzed to reveal the most impactful influencing factors • Patent analysis of recently granted patents are explained according to geographies that give market intelligence of future trend and transitions •

5. ATHLETIC FOOTWEAR MARKET TOP WINNING STRATEGIES FOR ATHLETIC FOOTWEAR MARKET Market players strive continuously to gain a competitive advantage over their competitors and build a stronger base for themselves. Product launch, acquisitions, and mergers have been the prominent strategies implemented by key players to increase their footprints in the global market. Certain companies’ implemented acquisition to undertake the manufacturing facilities and distribution channels of the acquired company to spin profits or expand global presence. Prominent players, such as Nike, Adidas, and Asics Corporation, have regularly launched new products in the market. The continuous variety addition to their product portfolio helps attract consumers with their innovative design and features. Players also used joint ventures and partnerships to increase their consumer base or product portfolio. For More Enquiry @: https://www.alliedmarketresearch.com/purchase-enquiry/1397 GLOBAL ATHLETIC FOOTWEAR MARKET SEGMENT REVIEW The demand for athletic footwear products is increasing rapidly due to its usage in sundry conditions. Athletic footwear are products used by various consumer Then there are fitness conscious customers, gym goers, and ones who use them during mild fitness routines. The various types of athletic footwear available in the market are prepared from high quality raw materials, such as leather, foam, and plastic, which involve the use of advanced chemical additives. The athletic footwear market is segmented on the basis of type, user, and geography. By type, it is categorized into sports, running, and walking shoes; hiking and backpacking shoes types such as athletes and climbers.

6. ATHLETIC FOOTWEAR MARKET By Geography North America • Europe • Asia-Pacific • LAMEA •

7. ATHLETIC FOOTWEAR MARKET Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/contact-us Follow Us On