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Athletic Footwear Market size To Grow With A CAGR Of 5.1% By Value From 2018 To 2026 analysis by Credence Research

The Athletic Footwear Market Report is a professional and in-depth study on the current state of the Athletic Footwear Industry. Athletic Footwear Market expected to exhibit steady growth during the forecast period.

Firstly, this research report presents a basic outline of the Athletic Footwear industry covering boundaries, purposes, classifications and market chain structure. The growth policies and strategies are presented as well as manufacturing processes and cost structures.

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Secondly, this research study shows the Athletic Footwear market size (volume and value), and the share markets by types, regions, applications, and companies are also discussed. Third, the Athletic Footwear market report is presented for major regions including USA, Europe, China, and Japan, and other regions can be added.

Then, the research report especially concentrates on global major leading industry players with data such as company product pictures, profiles and terms, trades, market share, and contact information.

Market Insights

The global athletic footwear accounted for US$ 37.76 Bn in 2017 growing with a CAGR of 5.1% during the forecast period from 2018 to 2026. Footwear refers to the garments that are worn on feet which basically serves as a purpose of protection from dampness, cold, roughness, dust and heat of ground while walking, standing and running. Athletic footwear includes shoes used in exercises, sports, aerobics, hiking and walking. Currently, the trend has also shifted to fashion and casual footwear by all age groups.

Technological advancement in athletic footwear industry enabled the companies to manufacture quality products with an objective to fulfill the growing requirement of consumers. Consumers are also willing to spend more on footwear owing to the adoption of high- quality raw material and using of various machines that aims to produce accurate and precise products keeping in mind the comfort of consumers. Companies are also focusing on adopting 3-D printing technology with an objective to produce quality shoes in less time. For example, in January 2018, Under Armour, Inc., based in the U.S, launched two connected running shoes namely Hovr Sonic and Hovr Phantom with tracking capabilities on stride length, distance, and others. These shoes are synced with connected handset with the help of Under Armour MapMyRun app. These are also equipped with accelerometer, bluetooth module and gyroscope inside the foam soles. In addition, active promotions by the various manufacturers followed by ease of availability of footwear products on online platforms is also fueling the demand for global athletic footwear market during the forecast period from 2018 to 2026.

Leading Players:

Adidas AG, Nike, Inc., Reebok International, Puma SE, Lotto Sport Italia S.p.A, ASICS Corporation, Under Armour Inc., Fila Inc., Skechers USA Inc. and New Balance Athletics, Inc. among others.

Research Methodology

Credence Research has used various sources of information and study to determine the market wealth of the global Athletic Footwear market. In series to give the industry value forecast till 2026 end, Credence Research analysts have first searched Athletic Footwear solutions by services, end user, product type and purpose. After this, the analysts aimed to arrive at the stated market figures so they have done primary and secondary research. In the primary research, consultations with industry specialists were carried out and the secondary research consists of qualitative information collecting through journals, various articles, industry association data, blogs, company websites, and other secondary sources. In the data study phase, adoption of Athletic Footwear solutions across various industries was examined, along with value chain analysis.

Report content

  • Qualitative Analysis
  • Industry overview
  • Industry trends
  • Key market opportunities prioritized
  • Market size
  • Growth prospects
  • Product benchmarking
  • Competitive landscape
  • Company overview
  • Financial performance
  • Market drivers and restraints
  • Latest strategic developments

Quantitative Analysis

  • Athletic Footwear Market size, estimates, and forecast from 2018 to 2026
  • Athletic Footwear Market estimates and forecast for product segments up to 2026
  • Regional market size and forecast of Athletic Footwear for product segments up to 2026
  • Market valuations and the outlook for demand segments up to 2026
  • Regional business size and forecast for application segments up to 2026

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