“Recreational Users to Hold a Significant Share During the Forcast Period 2019–2026” Recreational users are anticipated to hold the largest share in the global sports footwear market. In 2017, Asia Pacific led the athletic footwear market and is estimated to be the fastest growing region between 2018 and 2026. The latest research report on the Chainsaw Footwear market boasts of an intricate analysis of this business sphere with respect to pivotal parameters such as recent market tendencies, market share, periodic deliverables, and estimated returns over the study timeframe. The market is expected to grow annually by 3.9% (CAGR 2020-2025). Counterfeits are probably the biggest challenge faced by the footwear market, globally. Attribute. This growth is attributed to rising consumer disposable income levels in emerging nations. © 2020. Tactical Footwear Market Size, Share & Trends Analysis Report By Product (Boots, Shoes), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2020 - 2027New York, Sept. 09, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Tactical Footwear Market Athletic Footwear Market Overview. This is observed among all age groups, but particularly so among the millennials and Generation Z. Leather footwear is widely considered as a premium product and it occupies a significant share of the market. Recreational users are the ones who participate in sports mainly for being physically fit, for enjoyment & entertainment, or to social… The developments in the sports shoes is another key factor enhancing the growth of the market, especially among the premium consumers within the forecast period. will also drive Footwear industry growth. Growing awareness about health and fitness is resulting in an increasing demand for athletic footwear. 2019 - 2025. Actual estimates/Historical data. Details. Attribute. These duplicates often seem to be as good as their doppelganger on initial inspection, but they are not made with similar kind of quality checks adopted by global players. Global Footwear market is anticipated to worth USD 207.49 million in 2018, with a CAGR of 3.7% during 2019-2025. US Footwear Market Share (in %) by Company: 2020 & 2025 Market Analytics Table 34: United States Footwear Market Estimates and Projections in US$ … Prominent players in the market, such as Nike Inc., Adidas AG, Skechers USA Inc., and New Balance Athletics Inc., are focusing on developing innovative technologies to increase the stability of sports shoes and make them comfortable. A demand for trendy, comfortable and fancy footwear is what drives the non-athletic footwear market. 4.3.2 Bargaining Power of Buyers/Consumers, 7. Market Study Report LLC delivers significant information and realistic data of the Global MRO Distribution in Footwear Market via this newly added research in its database. Footwear Market Share Current and Future Industry Trends, 2020-2025 . Leather Footwear Market Size, Share & Trends Analysis Report By End User (Male, Female, Kids), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2019 - 2025. Revenue in USD million/billion and CAGR from 2019 to 2025, Revenue forecast, company ranking, competitive landscape, growth factors, and trends, North America; Europe; Asia Pacific; Central & South America; Middle East & Africa, Nike, Inc.; Adidas America, Inc.; PUMA; Geox S.p.A.; Timberland; Skechers USA, Inc.; Ecco Sko A/S; Crocs Retail, Inc.; Under Armour Inc.; Wolverine World Wide, Inc. Free report customization (equivalent up to 8 analysts working days) with purchase. Athletic Footwear Market – A synopsis. Footwear Market Research. 10 Athletic Footwear Market Share by Industry Vertical, 2015 & 2024; 11 Athletic Footwear Market Share by Region, 2015 & 2024; Key Insights Addressed: Defining market size from 2014 to 2015. To understand geography trends, Download Sample Report. The key players/brands in the global footwear market are Nike Inc., Adidas AG, Reebok, Puma, Skechers USA, Geox, Under Armour Inc., Timberland, ECCO Sko AS, Timberland, New Balance, BATA, Deichmann SE, The Aldo Group, Jack Wolfskin, Polartec, Columbia Sportswear, and Asics Corp. Also, growing fashion consciousness and innovation in product designs are some other factors driving the growth of the market. Europe is projected to be the second largest market over the forecast period owing to high consumer purchasing power and expenditure on personal grooming and appearance. The global footwear market size was estimated at USD 207.6 billion in 2018 and is expected to register a CAGR of 3.8% from 2019 to 2025. Internal competition External competition. Since footwear forms an important part of a sportsperson’s jersey, increase in sales of retail sneakers has helped the global footwear market grow as well. To understand key trends, Download Sample Report. However, the industry is likely to recover over the forecast timeframe, given the rising popularity of online/e-commerce sales. Increasing influence of fashion is an important driver for this segment as consumers look for fashionable and trendy shoes that matches with their daily attires. In terms of market value, non-athletic footwear accounted for the major share in 2017. Nike Holds the Largest Market Share in the Global Footwear Market. The Athletic Footwear Market study presents a compilation of market share, demand analysis, and future outlook associated with each segment as well as sub-segment. This is observed among all age groups, particularly among the millennials and Generation Z. 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