Athletic Footwear Market is expected to generate a revenue of USD 185.09 Billion by 2030, Globally, at 4.60% CAGR: Verified Market Research®

As per the deep research carried out by Verified Market Research®, the global Athletic Footwear Market size was valued at USD 123.48 Billion in 2021 and is projected to reach USD 185.09 Billion by 2030, growing at a CAGR of 4.60% from 2023 to 2030.

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Browse in-depth TOC on "Athletic Footwear Market"

202 - Pages
126 – Tables
37 – Figures

Global Athletic Footwear Market Overview

Athletic footwear is destined for use in sports, exercise, and recreational activities such as racquetball, jogging, and aerobic dancing. Athletic shoes include shoes for running, basketball, and tennis, among other sports, but exclude shoes for football (soccer) and rugby. The shoes themselves are made of pliable material and typically have a rubber sole. While the original design was simple, manufacturers have since customised athletic shoes for the various sports that they can be used for.

The Athletic Footwear Market is expected to grow due to increased awareness about the health benefits of sports and fitness activities, which help to reduce the risks of various illnesses such as obesity, depression, diabetes, and others. Changing consumer lifestyles, rising disposable income, and a growing retail e-commerce sector globally are also expected to drive market growth during the forecast period.

The development of new and innovative shoes, technological advancements, and growing public awareness of the value of wearing the proper footwear to prevent leg and muscle injuries are all contributing to the growth of athletic shoes. Emerging fashion trends, particularly among young people, to wear branded athletic footwear, also have an impact on the market's expansion.

Verified Market Research® narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The "Global Athletic Footwear Market" is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Key Players

The "Global Athletic Footwear Market" study report will provide valuable insight with an emphasis on the global market.  The major players in the market are Puma SE, Adidas AG, Under Armour Inc., Nike Inc., ASICS Corporation, Fila Inc., Lotto Sport Italia S.p.A., New Balance Athletics Inc., Vans, and Reebok International.

Based on the research, Verified Market Research® has segmented the global Athletic Footwear Market into Product Type, Distribution Channel, End Users, and Geography.

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