Global Sports Footwear Market Size, Growth, Trends, Industry Analysis and Forecast 2020

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Global Sports Footwear Market Size, Share, Global Insights, Analysis
and Outlook, Emerging Trends and Research Report by Market Reports
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Technavio Announces the Publication of its Research Report – Global Sports Footwear Market 20162020
Technavio recognizes the following companies as the key players in the global sports footwear market:
Adidas, ASICS, Nike, New Balance, and Skechers.
Other Prominent Vendors in the market are: Amer Sports, Avia, Brooks Sports, British Knights,
Columbia Sportswear, Eddie Bauer, Newton Running, Nfinity Athletic, Rockport, and Saucony.
said: “ One of the latest trends gaining grounds in the market in the growing focus of manufacturers
on show designing. With the growing demand for better and more sustainable options for sports
footwear, vendors are venturing into different and varied designing and production techniques for
sports shoes. They are focusing more towards consumer requirements, like comfort, style, and
enhancement of performance while developing footwear.
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According to the report, the increased awareness of the benefits of leading a healthy lifestyle has been
propelling the growth of the global sports footwear market. Along with a rising inclination toward the
adoption of physical activities by consumers, vendors are also recognizing the fact that the need for
physical fitness among consumers can be further boosted with the advent of social media fitness apps
and socially integrated fitness trackers.
Further, the report states that sports footwear manufacturers are experiencing fluctuations in their
profit margins, owing to the fluctuating prices of raw materials and the increasing vendor competition.
The price of ethylene vinyl acetate (EVA), which is an elastomeric polymer that produces materials
with a rubber-like softness and flexibility and is used for the production of sports footwear soles, has
increased, thereby raising the prices of sports footwear.
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The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
About the Sports Footwear Market
The global market for sports footwear has been divided into six product segments: cleats, running
footwear, court game shoes, gym and training shoes, athleisure, and other segments that include
hiking, walking, aerobics, golf, and cricket shoes. The athleisure segment is gaining prominence over
all other product segments, accounting for the largest portion of the overall sales revenue and a
dominant share of the market.
The global sports footwear market is expected to grow at a dynamic rate compared to the global
footwear market during the forecast period as a slight shift in consumer preferences toward casual
sports footwear has been noted, which most consumers prefer for daily use. The growing affinity of
consumers toward sports and fitness activities, along with a greater adoption of different sports, will
contribute to the growth of the global sports footwear market in the coming years.
Technavio’ s analysts forecast the global sports footwear market to grow at a CAGR of 2.55% during
the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global sports footwear
market for 2016-2020. To calculate the market size, Technavio considers the revenue generated
from the retail sales of sports footwear to individual consumers, along with the sales volume of these
sports footwear.
The market is divided into the following segments based on geography:
• APAC
• Europe
• North America
• ROW
Technavio's report, Global Sports Footwear Market 2016-2020, has been prepared based on an indepth market analysis with inputs from industry experts. The report covers the market landscape and
its growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
Key vendors
• Adidas
• ASICS
• Nike
• New Balance
• Skechers
Other prominent vendors
• Amer Sports
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Avia
Brooks Sports
British Knights
Columbia Sportswear
Eddie Bauer
Newton Running
Nfinity Athletic
Rockport
Saucony
Market driver
• Social fitness
• For a full, detailed list, view our report
Market challenge
• Rising cost of raw materials
• For a full, detailed list, view our report
Market trend
• Focus on shoe designing
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’ s time when you purchase this market report. Details
are provided within the report.
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Market Reports Center
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The global market for sports footwear has been divided into six product segments: cleats, running footwear, court game shoes, gym and training shoes, athleisure, and other segments that include hiking, walking, aerobics, golf, and cricket shoes.