Global Athletic Footwear Market to be driven by Increasing Interest of Youth in Sports, Set to Rise

Transparency Market Research (TMR) has published a research report on the global athletic footwear market, estimating its overall market value to reach US$84.4 bn by the end of 2018, expanding at a CAGR of 1.80% during the period from 2012 to 2018.The research report, titled "Athletic Footwear Market - Global Industry Size, Market Share, Trends, Analysis And Forecast 2012 - 2018", pegs the historical market value of the global athletic footwear market for the year 2011 at US$74 bn. It further describes that rising interest of youth in sports impelled by wide coverage of major sports events such as FIFA World cup, Olympics, and ICC World Cup by media, has boosted the growth of the global athletic footwear market. Additionally, the increasing awareness pertaining to healthy lifestyle has also fueled the demand for athletic footwear in the global arena.

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The global market for athletic footwear is majorly classified into the footwear markets for men, women, and children on the basis of consumers. The men’s footwear market has the lead over other segments with a market share of 62.0%, states the report.The women’s footwear market holds 29.0% of the global athletic footwear market, hence is the second-largest segment. As per the report, this market segment is expected to expand at a CAGR of 1.30% over the forecast period. The kid’s footwear market is also anticipated to expand at a CAGR of 1.30% during the same period.



On the basis of product, the research report classifies the global athletic footwear market into the markets for insert, hiking shoes, sports, and backpacking boots. The shoe inserts market holds the leading position with 36% of the overall market. Analysts estimates the market to rise at a CAGR of 1.70% over the forecast period, notes the study.According to the research study, the global athletic footwear market is distributed among North America, Europe, Asia Pacific, and the Rest of Asia Pacific. The athletic footwear market in Asia Pacific has occupied the leading position in the global market on account of the large population base of this region. Analysts expect that this regional market will acquire 41.60% of the overall industry by the end of the forecast period.

The athletic footwear market in Europe is anticipated to closely follow the Asia Pacific market and is expected to hold the second position in the market over the forecast period, states the research study. Analysts at TMR have also predicted that the athletic footwear market in North America will report a sluggish growth during the forecast period owing to high cost of raw materials and labor as well as extreme competition in the market.



The global market for athletic footwear is highly concentrated, wherein the major five brands, including Reebok, Nike, Puma, Adidas, and Asics has acquired almost 80% of the overall market, cites the research report. Other prominent players of this global market mentioned in this report are Sketchers, Converse, New Balance, K-Swiss, Vans, and Saucony.



Browse the full Athletic Footwear Market - Global Industry Size, Market Share, Trends, Analysis And Forecast 2012 - 2018 report at http://www.transparencymarketresearch.com/athletic-footwear-market.html



The global athletic footwear market is segmented into:



By Products

Insert
Aerobics Shoes
Atheleisure Footwear
Running Shoes
Walking Shoes<

Sports (Cross Training)
Baseball Footwear
Basketball Footwear
Soccer Shoes
Tennis Shoes
Cricket Footwear
Other Sports Shoes

Hiking Shoes
Other Athletics Footwear
Outdoor / Rugged Footwear
Trekking and Walking Boots
Seasonal Boots
Specialty Boots
Mountaineering Boots

Backpacking Boots
Approach Shoes
Hiking Boots
Technical Shoes

By Consumer Group
Kids
Women
Men

By Retail Distribution
Store Based
Shoe Stores
Discount Shoe Stores
Sports and Athletic Goods Stores
Mass Discounters
Department Stores and Chains
Specialty Apparel Stores
Off Pricers

Non Store Based
Catalog
Teleshopping
Internet

By Region
North America
Europe
Asia-Pacific
Rest of the World (RoW)



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