Sports Footwear Market 2020-2024 | Athleisure Product Segment Will Witness Maximum Growth | Technavio

LONDON--(BUSINESS WIRE)--Technavio has been monitoring the sports footwear market and the growth is expected to decline by USD 10.23 billion during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Download a Free Sample Report on COVID-19

Impact of COVID-19

The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the sports footwear market. The market growth in 2020 is likely to decrease compared to the market growth in 2019.

Frequently Asked Questions:

• Based on segmentation by Product, which is the leading segment in the market?
  Athleisure sports footwear

• What are the major trends in the market?
  Use of environment-friendly materials to manufacture sports gear and equipment

• Who are the top players in the market?
  adidas AG, Amer Sports Corp., ASICS Corp., Columbia Sportswear Co., New Balance Athletics Inc., Nike Inc., PUMA SE, The Gap Inc., Under Armour Inc., and Wolverine World Wide Inc. are the top players in the market.

• What are the key market drivers and challenges?
  The market will be driven by the introduction of more innovative sports footwear. However, the volatile cost of raw materials will challenge growth.

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View market snapshot before purchasing

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. adidas AG, Amer Sports Corp., ASICS Corp., Columbia Sportswear Co., New Balance Athletics Inc., Nike Inc., PUMA SE, The Gap Inc., Under Armour Inc., and Wolverine World Wide Inc. are some of the major market participants. Although the introduction of more innovative sports footwear will offer immense growth opportunities, the volatile cost of raw materials is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this sports footwear market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Sports Footwear Market 2020-2024: Segmentation

Sports Footwear Market is segmented as below:

• Product
  • Athleisure Sports Footwear
  • Running Sports Footwear
  • Court Game Sports Footwear
  • Cleats Sports Footwear
  • Others
• Geography
  • APAC
  • Europe
  • North America
  • South America
  • MEA
• End-user
  • Professional users
  • Recreational users
• Distribution channel
  • Offline
  • Online
• Application
  • Outdoor sports footwear
  • Sports-inspired footwear
  • Performance sports footwear

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44891

Sports Footwear Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The sports footwear market report covers the following areas:

• Sports Footwear Market Size
• Sports Footwear Market Trends
• Sports Footwear Market Industry Analysis

This study identifies the use of environment-friendly materials to manufacture sports gear and equipment as one of the prime reasons driving the Sports Footwear Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Sports Footwear Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist sports footwear market growth during the next five years
• Estimation of the sports footwear market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the sports footwear market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of sports footwear market vendors

Table of Contents:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Athleisure sports footwear - Market size and forecast 2019-2024
• Running sports footwear - Market size and forecast 2019-2024
• Court game sports footwear - Market size and forecast 2019-2024
• Cleats sports footwear - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by Product

Market Segmentation by Application

• Market segments
• Comparison by Application
• Outdoor sports footwear - Market size and forecast 2019-2024
• Sports-inspired footwear - Market size and forecast 2019-2024
• Performance sports footwear - Market size and forecast 2019-2024
• Market opportunity by Application

Market Segmentation by End-user

• Market segments
• Comparison by End user
• Professional users - Market size and forecast 2019-2024
• Recreational users - Market size and forecast 2019-2024
• Impact of COVID-19 pandemic on the market
• Market opportunity by End user

Market Segmentation by Distribution channel

• Market segments
• Comparison by Distribution channel
• Offline - Market size and forecast 2019-2024
• Online - Market size and forecast 2019-2024
• Market opportunity by Distribution channel

Customer landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• adidas AG
• Amer Sports Corp.
• ASICS Corp.
• Columbia Sportswear Co.
• New Balance Athletics Inc.
• Nike Inc.
• PUMA SE
• The Gap Inc.
• Under Armour Inc.
• Wolverine World Wide Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations 

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