Future Athletic Footwear Market: Key Dynamics, Size & Share Analysis
The Global Athletic Footwear Market size was valued at USD 141 Billion in 2024 and is projected to reach USD 159 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 2.43% during the forecast period, i.e., 2025-2030. This is due to the rising awareness of health benefits and growing interest in sports and several associated activities. Nowadays, as the younger population is showing great enthusiasm towards sports to stay healthy & to include any one physical activity in their lifestyle, this, in turn, is instigating the demand for athletic footwear globally.
Top Challenges Impacting the Athletic Footwear Market Growth
Proliferation of Counterfeit Products – The increase in the production of fake and defective products of similar brands led to a slowdown in the interest of the consumers. This involves malpractices and fraudulent activities with the customers, which can result in disbelief in the original product. This not only creates a huge impact on customers’ sentiments and experiences but also hampers the Athletic Footwear Market in terms of remunerative perspectives.
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Understanding the Core Segments in the Athletic Footwear Market
Athletic Footwear Market Size, Share & Industry Trends Analysis- By Type of Footwear (Aerobic Shoes, Running Shoes, Walking Shoes, Trekking & Hiking Shoes, Sports Shoes), By Sport Type (Cricket, Football, Tennis, Basketball, Other), By End User (Men, Women, Children), By Price Range (Up to USD 25, USD 26 to 50, USD 51 to 100, Above USD 100), By Sales Channel (Supermarkets & Hypermarkets, Brand Outlets, Sports Goods Stores, Online, Others,) and Others
Geographical Analysis of the Athletic Footwear Market
- Saudi Arabia
- The UAE
- South Africa
- Egypt
- Morocco
- Nigeria
- Others
Who Dominates the Athletic Footwear Market Insights on Key Industry Players?
Companies are strengthening their presence in the Athletic Footwear market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.
- Adidas AG
- Nike Inc.
- PUMA SE
- ASICS Corporation
- Fila Inc.
- Under Armour Inc.
- Li-Ning Company Limited
- Skechers USA, Inc.
- Reebok International Ltd.
- New Balance Athletics, Inc.
- Brooks Sports, Inc.
- VF Corporation
- US Polo Association
- Xtep International Holdings Ltd
- 361 Degrees International Ltd
- Qiaodan Sports Co Ltd
- Others
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