Athletic Footwear Market Manufacturers, Technology, Segmentation and Development Trends – Forecasts 2020-2027
This report focuses on the Athletic Footwear Market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Athletic Footwear development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios.
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Running and walking shoes held the largest market share of 45.23% in 2016 and is expected to retain its dominance over the forecast period. This is attributed to increasing inclination of consumers towards walking and jogging for maintaining physical fitness. Accordi¬ng to the U.S. Bureau of Labor Statistics, walking accounted for highest market share of 30.4% in exercise and sports activity in the U.S. from 2011 to 2015.
Athletic footwear market is highly competitive market with major players adopting various strategies such as new product launches, merger and acquisitions, and joint venture to retain their market position. For instance, Lululemon Athletica Inc. collaborated with Athletic Propulsion Labs, LLC to increase their product offerings in August 2017. Nike, Inc. launched sports shoes namely Air Max 98 -White/Obsidian, Air Vapormax Plus -Triple Black, Air Foamposite One- Aurora Green, and SF AF-1 -Dusty Peach in January 2018.
Key market players in the athletic footwear market are NIKE, Inc., New Balance Athletics, Inc., Skechers USA Inc., ASICS Corporation, Adidas AG, Puma SE, Wolverine World Wide, Inc., Under Armour, Inc., VF Corporation, and FILA Korea, Ltd.
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Important Features that are under offering & key highlights of the report:
– Detailed overview of Athletic Footwear Market
– Changing Market dynamics of the industry
– In-depth market segmentation by Type, Application etc
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Athletic Footwear market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
– A neutral perspective towards Athletic Footwear market performance
– Market players information to sustain and enhance their footprint
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