Global Sports Footwear Industry Research Report, Growth Trends and Competitive Analysis 2021-2027

Sports Footwear (also known as athletic shoes, tennis shoes, gym shoes, runners, takkies, or trainers) are shoes primarily designed for sports or other forms of physical exercise, but which are now also often used for everyday wear. The term generally describes a type of footwear with a flexible sole made of rubber or synthetic material and an upper part made of leather or synthetic materials. Examples of such shoes include athletic footwear such as: basketball shoes, tennis shoes, cross trainers and other shoes worn for specific sports.
The Sports Footwear market covers Athleisure, Running, etc. The typical players include Adidas, Nike, New Balance, Under Armour, ASICS, etc.
Geographically, the market is leading by Asia Pacific, especially China, which plays a more important role in the world, and also North America and Europe. Sales in Middle East and Africa is forecasted to see significant growth in future period. In terms of year 2019, Asia-Pacific hold the largest market share, with about 34815 Million USD and 44% value portion, followed by North America of about 28%, based on Market Value.
Nike and adidas are the biggest two players in Sports Footwear market, with about 34% and 19% market share separately in 2019. Other leading market players in Sports Footwear market include Asics, New Balance, PUMA and etc.

In 2020, the global Sports Footwear market size was US$ 75470 million and is forecast to 104070 million US in 2027, growing at a CAGR of 5.5% during the 2021-2027. In this study, 2020 has been considered as the base year and 2021 to 2027 as the forecast period to estimate the market size for Sports Footwear.
The market research report offered here is a very useful resource that can help manufacturers, stakeholders, decision-makers, and other market participants to become familiar with every factor impacting the growth of the global Sports Footwear market. The analysts authoring the report have closely studied key strategies adopted by top players of the global Sports Footwear market. The report includes SWOT, and other market analyses to provide a clear and deep understanding of important aspects of the global Sports Footwear market. Readers of the report can become informed about current and future trends of the global Sports Footwear market and how they will impact market growth during the forecast period.

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

Segment by Type
Athleisure Shoes
Running Shoes
Court Game Shoes
Cleats Shoes
Gym and Training Shoes
Others

Segment by Application
Men
Women
Children

By Company
Adidas
Nike
New Balance
Under Armour
ASICS
MIZUNO
Puma
Li-Ning
Skechers
ANTA
361°
Peak Sport Products
Xtep
Basicnet

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