Authored By: Sarah
26 Dec 2024

Latest News- Athletic Footwear Market in US: Offline is expected to lead the Distribution Channel segment during 2024-2028

The Athletic Footwear Market in US is being driven by Popularity of sports and fitness activities

The Athletic Footwear Market in US is expected to grow at a CAGR of 5.6% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 8.45 billion. In the dynamic athletic footwear market of the US, vendors are increasingly adopting strategies such as expedited delivery processes, mass customization, and personalization to cater to consumers' evolving preferences. Mass customization and personalization, fueled by advancements in technology, supply chain optimization, and organizational restructuring, are becoming key differentiators. Technological innovations in footwear measurement, product development, and delivery enable the production of custom-made models, providing consumers with footwear tailored to their unique requirements. This not only enhances comfort by optimizing the fit for individual feet, ankles, calf muscles, and legs, but also benefits those with medical conditions or difficulty finding suitable footwear. 

Get more information on Athletic Footwear Market in US 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) Type (Running and jogging, Sports shoes, Aerobic and gym shoes, Hiking and backpacking shoes) Geography (North America). 

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

  • Popularity of sports and fitness activities
  • Growth in online retailing of athletic footwear
  • Growing focus on Direct-to-Consumer (DTC) expansion by vendors

Benefits of Buying Global Athletic Footwear Market in US 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.

Key Features in Athletic Footwear Market in US Research Report

  • Comprehensive Market Analysis
  • In-Depth Competitive Landscape
  • Future Market Trends
  • Detailed Market Segmentation.
  • Expert Analysis, and more...

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

Research Analysis Overview

The athletic footwear market in the US is witnessing a surge due to increasing fitness awareness and the popularity of sports shoes. Brands are releasing running shoe guides and showcasing the best running shoes with enhanced durability and reduced weight. Clearance sales on running shoes, sustainable and eco-friendly athletic footwear, and performance running shoes are driving sales. The industry caters to both men and women, offering various designs, from trekking shoes to golf shoes. Brands employ footwear technology, cushioning, and support to create comfortable and innovative shoes. Sports events and footwear distribution channels contribute to footwear sales. Consumers compare running shoes based on features, price, fit, and trends. Footwear marketing strategies focus on footwear technology, comfort, and sustainability.

Market Research Overview

The Athletic Footwear Market in the US is a significant segment of the global Footwear Market, which falls under the broader industry of Textiles, Apparel, and Luxury Goods. This market encompasses businesses producing athletic footwear for various demographics. Technavio, a leading global technology research and consulting firm, sizes the Global Textiles, Apparel, and Luxury Goods Market based on the consolidated revenue of apparel, accessories, luxury goods, footwear, and textile manufacturers. Key growth drivers in the global footwear market include the increasing preference for branded footwear due to a growing young and middle-class population. This trend is particularly noticeable in the running shoe segment, hiking shoes, and spring sports categories, such as soccer. Additionally, factors like hip and back pain alleviation, health benefits, and eco-consciousness, as represented by organizations like Greenpeace, are influencing consumer choices in the market. Diabetes patients and fitness-conscious individuals also contribute to the market's growth.. 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
Interested in this report?
Get your sample now!

Safe and Secure SSL Encrypted

Technavio

  • 2500 USD

[5 reports/month/user]

  • 5000 USD

close
  • Basic Plan [5000 USD/Year]:

    Single User
    Download 5 Reports/Month
    View 100 Reports/Month
    Add upto 3 Users at 625 USD/user

  • Teams Plan [7500 USD/Year]:

    5 User
    Download 5 Reports/Month/User
    View 100 Reports/Month/User
    Add upto 30 Users at 500 USD/user

*You can upgrade to Teams plan at Subscription page

close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization).
    Complimentary Customization Included

*For Enterprise license, go to checkout page

Technavio Get the report (PDF) sent to your email within minutes.