Athletic Footwear Market in US to grow by USD 3231.02 mn
The popularity of sports and fitness activities is driving the market growth of the athletic footwear market in the US. The market size is forecast to increase by USD 3,231.02 million with a CAGR of 3.28% between 2022 and 2027. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking in our report.
Athletic Footwear Market in US: Receive FREE Sample Report
The popularity of sports and fitness activities is the prime factor driving the growth of the US athletic footwear market followed by the necessity and increased awareness of the importance of regular exercise and physical activity due to the prevalence of obesity and other lifestyle diseases.
The popularity of sports is everywhere, the US has a strong sports culture, and many Americans regularly participate in sports and fitness activities leading to increased demand for athletic shoes that are specialized for specific sports and fitness activities, such as basketball, tennis, and cross-training shoes.
Sustainability through the use of eco-friendly materials, waste reduction, and adopting sustainable manufacturing practices are followed by many brands. Consumers who are mindful of sustainable practices often prefer products made in a sustainable fashion, which also works as a brand differentiator for sustainable brands thus accelerating their market demand.
Vendors are capitalizing on growth opportunities through various strategic measures. Prominent market players are constantly upgrading themselves to enhance their market presence with more focus on growth prospects.
Athletic Footwear Market In US: Vendor Analysis
Market Players worth mentioning in this industry are Brooks Sports Inc., Columbia Sportswear Co., Fila Holdings Corp, GEOX Spa, Mizuno Corp., New Balance Athletics Inc., Newton Running Co. Inc., Nike Inc., PUMA SE, Skechers USA Inc., Under Armour Inc., VF Corp.
For example, Amer Sports Corp offers athletic footwear under its brand Salomon. It offers advanced sports equipment, footwear, apparel, and accessories that improve performance and increase the enjoyment of sports and outdoor activities.
Our report includes qualitative and quantitative analyses of vendors with a wider understanding of the business ecosystem Order a free sample report today.