Athletic Footwear Market Report Analysis of Compound Annual Growth Rate of over 3% and Forecast Report 2023
“Athletic Footwear Market” report gives valuable information on global Industry chain, offering vast growth opportunities across developing as well as developed economies. Also, the Athletic Footwear Market could benefit from the increased Athletic Footwear demand to bring down the cost of treatment across the globe.
“Athletic Footwear market is giving the largest share of 2.97% in 2018 and expected to grow at compound annual growth rate (CAGR) of over 3% during forecast period 2019-2023.“
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The report disclosed the Key Players Profiles with data includes company details and competitors, Athletic Footwear models and performance, business SWOT analysis and forecast, sales volume revenue price cost and gross margin:
- ASICS Corp.
- BasicNet Spa
- New Balance Athletics Inc.
- Nike Inc.
- PUMA SE
- Skechers USA Inc.
- Under Armour Inc.
- VF Corp.
- and Wolverine World Wide Inc.
About Athletic Footwear Market: Our athletic footwear market analysis considers sales from specialty stores, hypermarkets, supermarkets, and departmental stores, online retail, and other distribution channels. Our analysis also considers the sales of athletic footwear in APAC, Europe, North America, South America, and MEA. In 2018, the specialty stores segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the presence of sales personnel having thorough product knowledge will play a significant role in the specialty stores segment to maintain its market position. Also, our global athletic footwear market report looks at factors such as rise in number of athletic tournaments, growth in online retailing of athletic footwear, and growing focus on DTC channel expansion by vendors. However, fluctuations in prices of raw materials, increasing labor cost, and threat from counterfeit products may hamper the growth of the athletic footwear industry over the forecast period.
Market Driver: growth in online retailing of athletic footwear
Market Trend: increasing availability of customized athletic footwear
Market Challenge: fluctuations in prices of raw materials.
Growth in online retailing of athletic footwear
Online retailing is estimated to experience rapid growth during the forecast period. Online retail channels provide benefits such as quick delivery and competitive product pricing. Online retail helps customers compare products offered by various brands and conveniently place orders without physically visiting stores. Many online retailers offer exclusive discounts on athletic footwear. The increased penetration of internet-enabled smartphone devices has led to the rapid growth of the e-commerce industry worldwide. Quick delivery services and the changing demands by consumers will play significant roles in the growth of this channel during the forecast period. This will lead to the expansion of the global athletic footwear market at a CAGR of over 3% during the forecast period.
Increase in availability of customized athletic footwear
The evolution of footwear has necessitated vendors to focus on strategies such as faster delivery processes, mass customization, and personalization. The availability of custom-made models helps consumers to wear products that suit their specific requirements. Wearing customized footwear provides additional comfort by improving the functioning of feet, ankles, calf muscles, and legs. Custom-made footwear is beneficial for individuals with painful medical conditions or those who have trouble finding suitable footwear. This development is expected to have a positive impact on the overall market growth.
Athletic Footwear market report provides regional analysis forecast (2019-2023) including following regions and country level analysis:APAC, Europe, MEA, North America, and South America
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The Report comprises complete research of Athletic Footwear industry chain structure, R and D, raw materials, manufacturing plants, regional trading (import export and local sales), online sales channel, offline channel, key target consumers, development trends which can help to make a top market place universally.
Why should one buy this report?
- This Athletic Footwear Market report gives an essence of market size, CAGR values, profiles of key companies, and different game plans used by Athletic Footwear stakeholders to make vital business decisions.
- It gives a thorough Athletic Footwear product knowledge, competitive analysis of Athletic Footwear market, growth, driving and restraining factors.
- The Athletic Footwear report gives the clear understanding of Athletic Footwear market with 6 years of the forecast from 2019 to 2023.
- Management ascendancy, global Athletic Footwear marketers, and business traders can invest their precious time in product launches, Athletic Footwear marketing strategies and marketing tactics after examining this research report.
- Report gives an in-depth knowledge of Athletic Footwear product manufacturers, new entrants, financial analysts, Athletic Footwear suppliers, product portfolio, distribution strategies, and future plans.
Lastly Athletic Footwear Market report analyse different driving factors associated with Athletic Footwear market growth, major challenges, and Athletic Footwear opportunities. Report surveys on dynamics, the scope of production, a study on the complete pricing of the top manufacturer.
No. of Pages: 148
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TOC of Athletic Footwear Market Report
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market segmentation analysis
PART 04: MARKET SIZING
Market sizing 2018
Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
PART 06: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
Market segmentation by distribution channel
Comparison by distribution channel
Specialty stores - Market size and forecast 2018-2023
Hypermarkets, supermarkets, and de
PARTmental stores - Market size
and forecast 2018-2023
Online retail - Market size and forecast 2018-2023
Others - Market size and forecast 2018-2023
Market opportunity by distribution channel
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
APAC - Market size and forecast 2018-2023
North America - Market size and forecast 2018-2023
Europe - Market size and forecast 2018-2023
South America - Market size and forecast 2018-2023
MEA - Market size and forecast 2018-2023
Key leading countries
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
Increasing availability of customized athletic footwear
Rising popularity of eco-friendly footwear
Increasing number of advertising and marketing campaigns
PART 12: VENDOR LANDSCAPE
Browse Complete Table of Contents at:https://www.industryresearch.co/TOC/14685511#TOC
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