Albany – NY, Oct. 20, 2015 (GLOBE NEWSWIRE) — 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.
Browse Global Athletic Footwear Market Research Report with ToC & Free Analysis :
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.
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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.
The global athletic footwear market is segmented into:
Sports (Cross Training)
Other Sports Shoes
Other Athletics Footwear
Outdoor / Rugged Footwear
Trekking and Walking Boots
By Consumer Group
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
Rest of the World (RoW)
Related Reports Published By Transparency Market Research :
- Global Footwear Market – http://www.transparencymarketresearch.com/footwear-market.html
- North America Footwear Market – http://www.transparencymarketresearch.com/north-america-footwear-market.html
- Asia Pacific Footwear Market – http://www.transparencymarketresearch.com/asia-pacific-footwear-market.html
- Europe Footwear Market – http://www.transparencymarketresearch.com/europe-footwear-market.html
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