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, the athletic footwear market is witnessing a significant shift towards mass customization and personalization strategies. This trend is driven by advancements in technology, supply chain transformation, and organizational restructuring. Companies are leveraging technologies that enable user footwear measurement, final product development, and delivery to offer custom-made models. Consumers benefit from wearing footwear tailored to their specific requirements, leading to enhanced comfort and improved functionality of feet, ankles, calf muscles, and legs. This is particularly beneficial for individuals with medical conditions or those struggling to find suitable footwear in the market. By focusing on these strategies, businesses can differentiate themselves and cater to the unique needs of their customers. 

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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
  • North America
    • Canada
    • US
  • South America
  • 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

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Market Scope in Athletic Footwear Market Research Report

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Research Analysis Overview

The Athletic Footwear Market encompasses a range of shoes designed for sports and fitness activities. These include Running Shoes, Comfortable Footwear, Custom Athletic Shoes, Eco-Friendly Footwear, Performance Shoes, Fitness Shoes, Injury Prevention Shoes, and more. Sports-Specific Shoes, Lightweight and Flexible Shoes, Sustainable Shoes, and Footwear Materials and Technology are current trends. Brands offer Sports Injury Footwear, Athletic Shoe Customization, and Regional Demand varies. Shoe Performance Technology, Footwear Innovation, Shoe Customization Trends, Fitness Footwear Trends, and Chronic Pain Footwear are also significant.

Market Research Overview

The global footwear market, encompassing both athletic and non-athletic categories, is experiencing substantial growth due to several key factors. Firstly, the increasing preference for branded footwear is driving demand, fueled by a growing young population and expanding middle class. Urbanization is also influencing consumer behavior, leading to a shift towards branded footwear as a result of changing lifestyles and habits. Additionally, the rise in fitness activities and the prevalence of chronic disorders have heightened the importance of health and wellness, further boosting the market. Notable players in the athletic footwear sector include Under Armour and others, capitalizing on these trends and offering innovative solutions for spring sports and various fitness pursuits.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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