Market Size : Sports Footwear Market Globally Grow at a CAGR of 2.71% by Revenue During the Period 2017-2021
Sports footwear refers to the shoes designed for physical activities. The different types of sports footwear available in the market include running shoes, training shoes, football shoes, basketball shoes, baseball shoes, and others. The global footwear market comprises of athletic and non-athletic footwear. Footwear is in equal measure an essential fashion statement and an important protection for the feet. Numerous brands of footwear, both athletic and non-athletic, of different price ranges are available in the market.
Technavios analysts forecast the global sports footwear market to grow at a CAGR of 2.71% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global sports footwear market for 2017-2021. To calculate the market size, the report considers value sales of sports footwear products.
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The market is divided into the following segments based on geography:
Americas
APAC
Europe
MEA
Technavio's report, Global Sports Footwear Market 2017-2021, has been prepared based on an in-depth 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 Group
ASICS
New Balance
Nike
SKECHERS USA
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Other prominent vendors
Amer Sports
AVIA
Berkshire Hathaway
British Knights
Columbia Sportswear
Eddie Bauer
Kering (Puma)
NEWTON RUNNING
Nfinity
SAUCONY
The Rockport Group
Under Armour
VF Corporation
Market driver
High operating margin of sports footwear
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Market challenge
Increasing cost of raw materials
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Market trend
Digital and social media marketing
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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?
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