Global Athletic Footwear Market
Athletic Footwear Market Size And Forecast
According to Verified Market Research, the Athletic Footwear Market was valued at USD 64.13 Billion in 2018 and is projected to reach USD 93.5 Billion by 2026, growing at a CAGR of 4.8% from 2019 to 2026.
Global Athletic Footwear Market Outlook
Increasing awareness regarding the health benefits of sports and fitness activities that helps to reduce the risks of various illness such as obesity, depression, diabetes, and others, is expected to fuel the growth of athletic footwear market. Moreover, changing consumer lifestyle, rise in disposable income of consumers, and growing retail e-commerce sector worldwide are some other factors expected to bolster the market growth. Furthermore, the technological advancements, development of new and innovative shoes, and increasing awareness about the importance of using right type of shoes in order to prevent muscle injuries, leg injuries, and many others are stimulating the demand for athletic shoes. However, rising prices of raw materials, increasing prevalence of fake and brand copied athletic footwear products are the factors that might restrict the market growth.
Global Athletic Footwear Market Competitive Landscape
The Global Athletic Footwear Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Puma SE, Adidas AG, Under Armour, Inc., Nike, Inc., ASICS Corporation, Fila Inc., Lotto Sport Italia S.p.A., New Balance Athletics, Inc., Vans, Reebok International.
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