Enjoy complimentary customisation on priority with our Enterprise License!
The athletic footwear market size is forecast to increase by USD 23.2 billion at a CAGR of 4.4% between 2024 and 2029.
The athletic footwear industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
The offline segment is estimated to witness significant growth during the forecast period.
The market witnessed significant growth in 2024, with the offline segment leading the market. Specialty stores, a key component of the offline segment, held a substantial market share. These stores offer a wide range of popular athletic footwear brands and provide detailed product information, making them a preferred choice for buyers. The rise in the number of specialty stores contributes to the growth of the market. Footwear innovation continues to be a significant trend in the market, with product offerings including football cleats, sports footwear, running shoes, and more. Brands are focusing on performance enhancement and sports performance through the use of recycled materials, digital design, and wearable technology.
Comfort technology and gait analysis are also crucial factors driving product innovation. Brand marketing plays a crucial role in the market, with influencer marketing and social media channels being effective strategies. Consumer preferences for sustainable materials and performance apparel are also shaping the market. Performance footwear, such as athletic sneakers, hiking boots, and trail running shoes, are popular choices for those seeking improvement in their lifestyle and athletic pursuits. Casual footwear, including men's and women's footwear, and youth footwear, are also significant categories in the market. Brick-and-mortar stores, department stores, and online retailers cater to the diverse consumer preferences in these categories.
Fashion trends, such as digital marketing and cross-training shoes, are also influencing the market. Athlete performance and lifestyle choices continue to be key drivers in the market. Performance tracking and foot analysis are essential for athletes seeking to optimize their performance. Biomechanics research and design trends are also shaping the market, with a focus on data-driven design, virtual fitting, and personalized footwear. In summary, The market is driven by product innovation, consumer preferences, and marketing strategies. Specialty stores, brand marketing, and consumer trends are key factors shaping the market dynamics. The market offers a wide range of footwear categories, including athletic footwear, casual footwear, and performance footwear, catering to diverse consumer needs and lifestyle choices.
Get a glance at the market report of share of various segments Request Free Sample
The Offline segment was valued at USD 67.40 billion in 2019 and showed a gradual increase during the forecast period.
APAC is estimated to contribute 50% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
For more insights on the market size of various regions, Request Free Sample
The footwear industry in Asia Pacific is experiencing significant growth due to increasing consumer preferences for sport-inspired and sport-specific footwear. This trend is particularly noticeable in countries like China and India, where the number of sports enthusiasts is on the rise. The region's hosting of international sports events, such as the Asian Games, the ICC Cricket World Cup, and the ACC Asia Cup, has heightened awareness about the benefits of sports and fitness activities among consumers. As a result, there is a growing demand for athletic footwear, including football cleats, athletic apparel, running shoes, and hiking boots, among others.
Moreover, advancements in technology have led to innovations in footwear design and manufacturing. For instance, 3D printing, data-driven design, virtual fitting, and wearable technology are increasingly being used to create personalized footwear that caters to individual foot shapes and preferences. Sustainable materials, such as recycled materials and bio-based materials, are also gaining popularity due to growing concerns about the environment. Brand marketing, lifestyle choices, and social media marketing are also influencing the footwear market in the region. Consumers are increasingly seeking performance enhancement and sports performance from their footwear, leading to the development of performance footwear, athletic training shoes, and cross-training shoes.
Casual footwear, including sneakers and lifestyle footwear, are also popular choices among consumers, particularly among the younger demographic. Retail channels, including specialty stores, department stores, and online retailers, are adapting to these trends by offering a wider range of footwear options and personalized services. For example, some retailers are using gait analysis and foot analysis to help consumers choose the right footwear for their specific needs. Others are using digital design and performance tracking to offer customized footwear solutions. In summary, the footwear market in Asia Pacific is experiencing significant growth due to increasing consumer preferences for sport-inspired and sport-specific footwear, advancements in technology, and changing consumer trends.
The market is expected to continue growing during the forecast period as consumers seek out footwear that offers performance enhancement, comfort technology, and personalized solutions.
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The athletic footwear market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the athletic footwear market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, athletic footwear market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Nike Inc. - The company specializes in athletic footwear, providing a range of options including running shoes, basketball shoes, and training shoes, catering to diverse fitness needs. Our product portfolio encompasses innovative designs and advanced technologies, ensuring optimal performance and comfort for consumers. By staying at the forefront of industry trends and incorporating cutting-edge materials, we deliver high-quality footwear solutions that enhance athletic experiences.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market continues to evolve, driven by advancements in technology, consumer preferences, and brand marketing efforts. Athletic apparel and footwear have become increasingly interconnected, with many consumers seeking performance enhancement and lifestyle choices in their footwear. Online retailers have played a significant role in the industry's growth, offering convenience and a wide selection of options. Sports footwear remains a key segment, with football cleats, soccer cleats, running shoes, and basketball shoes leading the way. Product innovation is a critical factor in this market, with brands continually pushing the boundaries of design and materials. Recycled materials, water shoes, and 3D printing are just a few examples of the latest trends.
Brand marketing efforts have also been instrumental in driving sales, with influencer marketing and social media campaigns becoming increasingly popular. Performance enhancement and tracking are also key areas of focus, with wearable technology and virtual fitting allowing for personalized footwear and gait analysis. Comfort technology is another crucial factor, with consumers seeking shoes that provide optimal support and cushioning. Lifestyle footwear, including casual sneakers and hiking boots, have also gained popularity, reflecting consumers' desire for versatile and functional footwear. Sustainable materials and bio-based materials are becoming more prevalent in the market, as consumers become more environmentally conscious. Performance apparel and athletic training shoes are also growing segments, with cross-training shoes and tennis shoes popular choices.
Brick-and-mortar stores continue to face competition from online retailers, but they still play a significant role in the market, offering consumers the ability to try on shoes before purchasing and providing expert advice. Specialty stores and department stores also offer a wide selection of options, catering to different consumer needs and preferences. Performance improvement and biomechanics research are ongoing areas of focus, with brands continually seeking to optimize footwear for specific activities and foot types. Design trends, such as digital design and data-driven design, are also shaping the market, allowing for more precise and customized footwear. In , the market is a dynamic and evolving industry, driven by consumer preferences, technology, and brand marketing efforts.
From sports footwear to lifestyle footwear, comfort technology to sustainability, there is a wide range of options available to consumers seeking functional and stylish footwear.
|
Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
236 |
|
Base year |
2024 |
|
Historic period |
2019-2023 |
|
Forecast period |
2025-2029 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 4.4% |
|
Market growth 2025-2029 |
USD 23.2 billion |
|
Market structure |
Fragmented |
|
YoY growth 2024-2025(%) |
4.0 |
|
Key countries |
US, China, Japan, Germany, France, Spain, Canada, India, South Korea, France, Japan, Italy, Brazil, UAE, UK, Spain, Rest of World (ROW), and Mexico |
|
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
We can help! Our analysts can customize this athletic footwear market research report to meet your requirements.
1 Executive Summary
2 Technavio Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Distribution Channel
9 Market Segmentation by End-user
10 Market Segmentation by Application
11 Market Segmentation by Type
12 Customer Landscape
13 Geographic Landscape
14 Drivers, Challenges, and Opportunity/Restraints
15 Competitive Landscape
16 Competitive Analysis
17 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Get the report (PDF) sent to your email within minutes.
Complimentary full Excel data with your report purchase.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
