Market Insights report
The segment Athletic Footwear accounted for 13.3% of the Footwear revenue in 2022. The worldwide revenue of US$51 billion in 2022 is expected to increase to US$65 billion by 2028. Just like the market for Apparel, the Footwear market is currently shaped by a tremendous change in customers' purchasing habits. The rise of eCommerce and new store concepts created by major sportswear manufacturers exert substantial pressure on stationary retail stores. This report from the series of segment reports gives an overview of the Athletic Footwear market from an international perspective.
What's included?
The Athletic Footwear segment includes shoes specifically designed for sports purposes (e.g. soccer, tennis, basketball etc.). The definition includes only functional sports shoes. Most so-called "athleisure" footwear or sneakers, i.e. everyday footwear with an athletic appearance, are excluded from this definition since fashion aspects outweigh functional ones. The Athletic Footwear segment has seen an upsurge during the past years and has gained importance in comparison to classic town footwear. The most important brands in this segment are Nike, Adidas and Puma.
Overview
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