Research Process1.2. Sports Footwear Market 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The MarketWatch News Department was not involved in the creation of this content. Market Opportunity2.7. Adidas Group, Nike, and ASICS Corporation are the major players of the market. Middle East has a greater potential for athletic footwears and players are penetrating into the region with various products and different distribution channels.Athletic CO. is one of the popular companies operating in the Middle Eastern countries. The global athletic footwear market is affected by various changing trends in various regions. Europe is expected to follow the North America in terms of market share owing to the increase in technological advancement in the athletic footwear. On the basis of country level, market of Athletic Footwear market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc. The global athletic footwear market is projected to grow at a CAGR of 7.15% during the forecast period. North America is the highest revenue generating region in the market followed by Europe. This is escalating the revenues generated from the product category and is further expected to elevate the customer’s trust and loyalty.The brands for running shoes operating in the global market are competing with other brands because of their ability to connect with their consumers, through the use of influential admirable figure heads and an extremely effective distribution network. © 2020. Forecast Model1.7. Market Restraints2.6. Secondary Research1.4. There is change in fashion trends due to which athletic footwear are used as fashion footwear or casual footwear. Increase in sports activities has increased the demand for athletic footwear market over the forecast period. and the actual process. Chapter - Global Athletic Footwear Market Analysis: Segmentation By Application, Full Research Report @ https://brandessenceresearch.com/consumer-goods/athletic-footwear-market-by. Non-athletic products are estimated to account for the largest revenue share of the market by 2025 due to availability of a variety of products in this segment, such as printed shoes and brogues. The global 2020 athletic footwear Market Research Report provides market size, share, growth, trends, demand, forecast and company profiles Athletic Footwear Market by Product Type (Running Shoes, Sports Shoes, Hiking Shoes, Others), by Application (Women, Men, Kids) - Overall In-depth Analysis, Global Market Share, Top Trends, Professional & Technical Industry Insights 2020 - 2026 Middle East, Africa and Latin America are expected to develop moderately over the forecast period. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students. Middle East and Africa is the fastest growing region in the global athletic footwear market. MARKET OPPORTUNITIES AND FUTURE TRENDS. Contact the source provider Comtex at editorial@comtex.com. Global market report covers extensive analysis of emerging trends and competitive landscape. Here’s what to know, McConnell says coronavirus-aid deal done, but no votes until Monday, Dow futures see muted gains Sunday night as Congress strikes last-ditch, $900 billion coronavirus-aid pact, How the pandemic has disproportionately affected women's finances. Casual, one of the segments analyzed and sized in … Major players Revenue in 2020. The athletic footwear is made up of high quality such as foam, leather, and various chemical additives. Athletic Footwear Market 2020 Industry Analysis, Global Trends, Market Size, Share, and Growth Opportunities Forecast to 2025 Manufacturers are also focusing on quality and cost effective production and efficient distribution of goods. Based upon product type, athletic footwear market is segmented into Aerobics/Gym Shoes, Hiking and Trekking Boots and Shoes, Specialty Shoes, Running and Walking Shoes, and Others. Due to the increase awareness in sports activities, increase in e-commerce, coupled with increase in disposable income is expected to support the growth of athletic footwear market. The global athletic footwear industry is segmented by product type into running shoes, aerobic/gym wear shoes, sports shoes, trekking/hiking shoes and other product types. The market is expected to grow annually by 5.4% (CAGR 2020-2025). Footwear market size was valued at $365.5 billion in 2020, and is estimated to reach $530.3 billion by 2027 with a CAGR of 5.5%. The athletic footwear market is also affected by the innovations made by the market players in the product development, for instance smart footwear that calculates the calories burnt. Global Football Athletic Footwear Market Report 2020 is spread across 124 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector. There has been increase in interest in sports activities coupled with increase in adventure activities are expected to contribute the growth of athletic footwear market. Athletic Footwear Market is valued at USD 85.5 Billion in 2018 and expected to reach USD 98.9 Billion By 2025 with the CAGR of 2.1% over the forecast period. 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