Latest News- Athletic Footwear Market: Offline is expected to lead the Distribution Channel segment during 2025-2029

The Athletic Footwear Market is being driven by Rise in number of athletic tournaments

The Athletic Footwear Market is expected to grow at a CAGR of 4.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 23.2 billion. In today's dynamic business landscape, athletic footwear companies are adopting innovative strategies to cater to consumers' evolving needs. These strategies include expedited delivery processes, mass customization, and personalization. Technological advancements, supply chain transformations, and organizational restructuring are driving the shift towards customized footwear and apparel. Cutting-edge technologies enable accurate footwear measurement, efficient final product development, and streamlined delivery. Custom-made footwear offers numerous benefits, including enhanced comfort and improved functionality for the feet, ankles, calf muscles, and legs. This personalized approach is particularly beneficial for individuals with medical conditions or difficulty finding suitable footwear, ensuring a superior fit and optimal performance.

Get more information on Athletic Footwear Market by requesting a sample report

Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

Distribution Channel
- Offline
- Online
End-user
- Men
- Women
- Children
Application
- Recreational
- Professional
Type
- Running shoes
- Sports shoes
- Trekking and hiking shoes
- Aerobic and walking shoes
Geography
- APAC
  - China
  - India
  - Japan
  - South Korea
- Europe
  - Germany
  - UK
  - France
  - Italy
  - Spain
- North America
  - Canada
  - Mexico
  - US
- South America
  - Brazil
- Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:

Rise in number of athletic tournaments
Growth in online retailing of athletic footwear
Growing focus on DTC channel expansion by companies

However, the market also witnesses some limitations, which are as follows:

Fluctuations in prices of raw materials
Increasing labor cost
Threat from counterfeit products

Benefits of Buying Global Athletic Footwear Market Research Report by Technavio

Rich Experience: 20+ years leading global market research, trusted insights across industries.

Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

Market Scope in Athletic Footwear Market Research Report

Market Scope
Report Coverage	Details
Page number	236
Base year	2024
Historic period	2019-2023
Forecast period	2025-2029
Growth momentum & CAGR	Accelerate at a CAGR of 4.4%
Market growth 2025-2029	USD 23.2 billion
Market structure	market_structure.ucfirst
YoY growth 2024-2025(%)	4.0
Key countries	US, China, Japan, Germany, France, Spain, Canada, India, South Korea, France, Japan, Italy, Brazil, UAE, UK, Spain, Rest of World (ROW), Mexico, US, China, Japan, India, South Korea, UK, Germany, Canada, Australia, and France
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Request Free Sample

Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

The athletic footwear market encompasses various aspects of shoe design and engineering, including midsole technology, outsole design, and upper construction. Shoe size, fit, comfort, and performance metrics are crucial factors in ensuring customer satisfaction. Wear testing, durability, shoe care, maintenance, repairs, and recycling are essential elements of footwear lifecycle management. Industry trends focus on footwear design, engineering, science, and safety, with performance testing playing a significant role in evaluating footwear effectiveness.

Market Research Overview

The global footwear market, a segment of the larger textile, apparel, and luxury goods industry, encompasses businesses producing athletic footwear such as running shoes, performance footwear, casual footwear, sports footwear, and basketball shoes. According to Technavio, market size is determined by the consolidated revenue of apparel, accessories, and luxury goods manufacturers, as well as footwear and textile companies. Market expansion is fueled by the increasing affinity for branded footwear. This trend is driven by demographic shifts, including a growing youth population and expanding middle class, as well as the influence of urbanization on consumer habits and preferences.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Read News Read Less