Skip to main content

Athletic Footwear Market Proposals & Trends Leading to 5.2% CAGR Growth during 2017-2022

Athletic footwear are used on a large scale by athletes. The global athletic footwear market is influenced by several aspects which have a direct influence on its growth. The rising participation of young population in sports, fitness activities is one of the major reasons which is pushing the growth of the market. The rise in the disposable income is also growing owing to higher income scales. Coupled with this aspect, the increasing awareness about healthy lifestyle is pushing the growth of the global athletic footwear market. The demand for innovative and comfortable footwear as well as increasing e-commerce retail sector is driving the growth of the global athletic footwear market. Innovations which have led to increased functionality, use of material which reduce the overall weight of the footwear and quick availability are few of the aspects which have a greater impact on the market in a positive way. Europe region is expected to show higher market attractiveness for the global athletic footwear market.

7 Forecast Highlights on Global Athletic Footwear Market
  1. Europe region shows higher market attractiveness and dominates the global market with respect to higher revenue share. Asia-Pacific excluding Japan (APEJ) region is poised to grow at the highest rate reflecting a CAGR of 5.2% during the period of forecast
  2. Specialty boots segment by product type is anticipated to grow at a higher growth rate, yet has less market share. The running shoes segment by product type dominates the global market in terms of higher revenue share during 2017 and this trend is anticipated to continue during the forecast period
  3. From an investment standpoint, there is a tough call to make between running shoes segment and backpacking shoes segment as there is less difference between their market shares. However, the backpacking shoes segment has higher growth rate compared to running shoes segment. Backpacking shoes segment is poised to reflect a CAGR of 4.4% during the period of forecast
  4. Men segment by demographics dominates the market and reflects a market share of 40.4% as of 2017. However, the women segment by demographics is anticipated to grow at the highest growth rate during the period of forecast of 2017 to 2022. The kids segment shoes a slow growth rate and is expected to experience a loss in BPS by the end of 2022
  5. Economy segment by price-based type dominates the market and a higher gain in the BPS by 2022 end. The super-premium segment is expected to grow at a similar pace as economy segment during the period of forecast
  6. Sport stores segment by distribution channel dominates the market in terms of higher market share and a moderate growth rate throughout the forecast period. Hypermarket/supermarket segment gives tough competition to this segment, their market shares having not much of a difference. Although, hypermarket/supermarket segment grows at a comparatively higher growth rate than sport stores segment during the forecast period
  7. Specialty stores segment is poised to grow at the highest growth rate as compared to other segments by distribution channel throughout the period of forecast and is poised to reflect a CAGR of 5%.
Running Shoes Segment and Backpacking Shoes Segment Show Cut Throat Competition

Running shoes segment by product type is expected to show the highest market share by revenue of 16.4% as of 2017, thereby dominating the global market by product type. Backpacking Shoes segment shoes a similar market share but has a higher growth rate as compared to running shoes segment throughout the forecast period.

Specialty Boots Segment Poised to Reflect High Pace

The specialty boots segment by product type is anticipated to grow at the highest growth rate as compared to other segments by product type. It is poised to register a robust CAGR of 5.8 % during the period of forecast. However, this segment shows a lower market share, almost half the market share of running shoes segment.
Labels:

Comments

Post a Comment

Popular posts from this blog

Vital Incentives of Organic Hair Care Products

Hair care is a sector which has majorly blossomed with the advancement made across the cosmetic and skincare industry. Many of us might think that these products are safe for our hair, but the inclusion of chemical components do impact hair quality after a certain point of time. Over the years, consumer awareness has increased and has led to an ingredient-conscious environment when it comes to hair-care brands. Interestingly, the availability of organic hair care products has worked positively for many individuals who want to stay away from the venomous trap of chemical hair grooming products. Below mentioned are some of the prime aspects which has pushed many consumers opt for natural hair care products: ·         The presence of Vitamin C is one of the common natural ingredients you will find in organic hair care products. This is primarily due to the effective anti-oxidant properties that are delivered by Vitamin C along with the stimulation of co...
Post a Comment
Read more

3 Popular Vinyl Siding Styles of 2018

Home architecture and decoration requires careful selection. One needs to pick a perfect vinyl siding that works to enhance the overall look of the house. You can take the help of an expert or make a move of your own by checking out different styles on the internet. Presently, there are three popular styles for vinyl siding that are preferred by homemakers and modern-age individuals.   Not only you get a wide palette of colors for each of these vinyl siding types, you can even customize the setup as per your will. Vertical Siding It is seen as a convenient and stylish option for present day houses that are focused more on the exterior traits. The presence of vertical sidings is very much evident in entryways, gables and porch walls. The best part about vertical siding is its textured appearance that can transform your house into a timeworn property from the outside, but the inside stays lavish with modern conveniences. Shake Siding The implementation of shake...
Post a Comment
Read more

Scanning Probe Microscopes – Preferred Choice for Atomic Level Research Activities

For complicated scientific R&D tasks, there is a necessity to manage precise tools that are capable of offering supreme assistance to the scientists and researchers. This is where Scanning Probe Microscopes covers the technique of both Scanning Tunneling Microscopy (STM) and Atomic Force Microscopy (AFM).   Functionality of STM & AFM It is important to know that, STM microscopes follow a process where electrons tunnel through whatever barrier is available when voltage is introduced to the tip which is situated just above the surface. Hence, atomic resolution happens when the tunneling falls at a certain distance from the surface resulting in just the final few layers of the tip contributing. On the other hand, under AFM the sharper tips manage to scan across the surface and eventually measure the structure of the sample. Usefulness of Scanning Probe Microscope With the availability of Scanning Probe Microscope , you are rewarded with the option to analyz...
Post a Comment
Read more