In 2017, Asia Pacific led the athletic footwear market and is estimated to be the fastest growing region between 2018 and 2026. for the forecast years. The global footwear market size reached a value of almost USD 235.5 billion in the year 2020. Retailers used for other categories. Global athletic footwear market will grow over 2021-2027 with an increasing trend for sports & fitness activities. At the same time, footwear imports from Vietnam, the No. Benefiting from the growing health awareness among the middle class, the sportswear market in China is rising steadily. In 2020, the global footwear market was estimated to be worth over 365 billion U.S. dollars Contact Get in touch with us. Footwear – US Market Share Apparel – Global Market Share Apparel – US Market Share Retail Landscape Retailer Comparison 4. Five year forecasts of market trends and market growth. Based on total revenues. Footwear Feb 26, 2022. [3. The Global Running Shoes Market is projected to be US$ 13,166.2 Mn in 2019 to reach US$ 18,861.9 Mn by 2029 at a CAGR of 3.7%. China's share of US apparel imports has grown for the first time since 2017, with new figures suggesting sourcing executives relied on the country at a greater rate in 2021 – despite the industry being awash with talk of re- and near-shoring. Footwear Market Research. The global footwear market is highly competitive and fragmented with a few major players and a seemingly endless array of smaller players, including designers, marketers, manufacturers and retailers, all vying for share. US clothing & footwear shopper profile. Company Profiles 5.1 Nike 5.2 Adidas 5.3 Foot Locker 5.4 Finish Line 6. Smith & Wesson’s Q3 Revenues Drop 31 Percent. Global Athletic Footwear Market Share, by Type, 2018 & 2025 (USD Million) 2.3. In the $21.2 billion US footwear market, market share gains were more modest. The footwear market can be divided into two categories: athletic footwear and non-athletic footwear. Shoe & Footwear Manufacturing in the US industry trends (2016-2021) Shoe & Footwear Manufacturing in the US industry outlook (2021-2026) poll Average industry growth 2021-2026 : x.x lock Purchase this report or a membership to unlock … Nike Holds the Largest Market Share in the Global Footwear Market Nike recently announced its financial results for Q3 2019, which reported revenue of USD 9.6 billion in Q3 2019, representing a 7% increasing from USD 9 billion in the year-ago period. February 14 2022 - 07:30AM. The Footwear Market - Growth, Trends and Forecast (2020-2025) market is studied from 2016 - 2026. What is the growth rate of Footwear Market - Growth, Trends and Forecast (2020-2025)? 2 supplier of footwear to the US increased 11.5% to $3.55 billion for the year to date through July. Athletic Footwear Market size, Industry Analysis Report, Regional Outlook, Price Trend, Competitive Market share & Forecast 2021 – 2027. The market growth is primarily attributed to high demand for convenient and comfortable footwear. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. Retailers used for other categories. On the basis of product, the market is fragmented into sports footwear, apparel, and wearables. Formal shoes segment is anticipated to perform well in the region due to the growing middle class, more women at work, increasing shopping centers, and easy online purchases. The global Athletic Footwear market was accounted for US$ 85,047 Mn in terms of value by the end of 2019 and is expected to grow at 1.8% CAGR during the forecast period (2020-2027). The global footwear market size was estimated at USD 207.6 billion in 2018 and is expected to register a CAGR of 3.8% from 2019 to 2025. By material, the non-leather segment accounted for highest share in the footwear market growth in 2019, and is projected to grow at a CAGR of 5.0% from 2020 to 2027. Apparel market. And the footwear market of the USA generated revenue of US$94,527m in FY 2021-2022. The apparel segment is projected to dominate the market due to the product being in high demand for various sports activities such as football, basketball, tennis, and others. Global sales split. Global Sports shoes Athletic Footwear Market, 2016-2026 (USD Million) 2.4.2. According to IMARC Group’s latest report, titled “Europe Footwear Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market is expected to exhibit moderate growth during 2021-2026.Footwear is a protective foot covering usually made of leather, rubber, wood, plastic, jute, etc. It said that in the year, Vietnam exported about 1.2 billion pairs of shoes. Growth in the direct-to-consumer channel, innovation, changing consumer attitudes and shopping behaviors, emerging players, and the rise of digital native brands are all causing profound shifts. The shoe care market is divided into polish, cleaning, and accessories depending on the product. Market share is up for grabs in the footwear industry. The global athletic footwear market is highly competitive with major market share held by prominent players, such as Puma SE, Nike Inc., Asics Corporation, Fila Group and Adidas AG, among others, attributable to their higher market penetration, reflecting strong industry grip through its brands, products, partnerships, and advertising. Athletic Footwear Market size, Industry Analysis Report, Regional Outlook, Price Trend, Competitive Market share & Forecast 2021 – 2027. Nike Overview. In 2018, the polish segment held a market share of over 60.0% in the overall market. [ 3] Nike has a 14.53% market share in the athletic equipment segment. The global footwear market is segmented into type, material, end users, distribution channel, and region. The global footwear market has the Asia Pacific as the leading regional market. The report on Formal Footwear Market offers in-depth analysis on market trends, drivers, restraints, opportunities etc. The North America Footwear market was pegged at USD 80,594.4 million in 2014 and is estimated to reach USD 89,717.9 million by 2021. The athletic footwear market was valued at $109.7 billion in 2020, and is projected to reach $165.0 billion by 2030, registering a CAGR of 4.2% from 2021 to 2030. Industry Outlook. Market share gains. Detailed segmentation of international and local products. The market is expected to be growing at a CAGR of 1.5% during the forecast period. ANALYSIS: China market share of US apparel imports rises after four-year lull. This segment currently accounts for a 37.6% share of the global Footwear market. Along with qualitative information, this report include the quantitative analysis of various segments in terms of market share, growth, opportunity analysis, market value, etc. The data illustrates the market share of athletic footwear brands in the U.S. as of 2017. In the U.K., leather footwear accounts for 49.0% of the total footwear market. The study helps to understand the sales accumulated by the products and the revenue generated during the forecast period. Nike ( NKE 0.83% ) investors had low expectations heading into the company's holiday season earnings announcement. Dover Street Market has unveiled a new UNDERCOVER “Work Boot” – in beige camouflage – for its New York E-shop. The study includes insights by Product, Fuel Type, End-user, Blade Type, Other Type, and geography. UA captured an additional 1% share of the market, rising 2% to 3% year-over-year. The footwear market is further expected to grow at a CAGR of 3% between 2021 and 2026 to reach a value of almost USD 281.2 billion by 2026. Where US consumers buy clothing & footwear products. Chapter 5 Footwear Market by Type, 2019-2028 (in USD Million) 5.1 Introduction 5.2 Non-Athletic 5.3 Athletic Chapter 6 Footwear Market by Material, 2019-2028 (in USD Million) 6.1 Introduction 6.2 Men 6.3 Women 6.4 Children Chapter 7 Footwear Market by … The U.S. athletic footwear industry estimated growth at 8 percent in 2015*, generating $17.2 billion and marking one of the best performances the industry has had in a number of years. Market Size Forecast Scenarios (Optimistic, Baseline and Pessimistic) 2021-2027. According to the report, which was released by the Portuguese Footwear, Components, Leather Goods Manufacturers' Association (APICCAPS), in 2020, Vietnam’s market share rose from 2 percent to 10.2 percent. Global Sports shoes Athletic Footwear Market, 2016-2026 (Million Pairs) 2.5. Global Footwear Market- Industry Size, Share, Trend Analysis, Outlook, Growth, Opportunity and Forecast, 2015-2025, Segmented By Type (Athletic And Non-Athletic), By Material (Rubber, Leather, And Plastic), By End-User (Male, Female), By Distribution Channel (Online Stores, Supermarkets And Hypermarkets, Independent Retail Stores And Others), By Region (North … The size of the overall US athletic footwear market is estimated to be $21.2 billion in 2014. It is expected to register a CAGR of 3.8% from, 2019 to 2025. Market Overview: The global footwear market reached a value of US$ 224.6 Billion in 2021. Sales share of the U.S. athletic shoe market 2015, by category: U.S. footwear industry ad spend 2017: US athletic footwear average selling price 2015-2017: United States top fashion online store sales 2017: Shoe store sales U.S. 1992-2016: U.S. e-retail apparel and accessories sales share 2022: Market share of footwear brands U.S. 2016 VNA Thursday, March 03, 2022 14:01 Related News Looking forward, IMARC Group expects the market to reach US$ 288.2 Billion by 2027, exhibiting at a CAGR of 4 % during 2022-2027. Global sales split. The US is one of the key countries in the global footwear market and the country accounts for over 27% of the footwear market share. Where US consumers buy clothing & footwear products. Top 10 retailers’ market share. Key performance metrics. Top 10 retailers’ market share. Leather industrial safety footwear market is anticipated to show largest share with the value of over USD 8.50 billion in 2020 and is expected to exhibit a CAGR of over 6.5% between 2021 and 2027. Nike has a 41.14% total market share in the athletic brands segment. In terms of value, the global footwear market stood at US$ 222.4 Bn in 2017 and expected to reach 292.7 Bn by 2026, expanding at a CAGR of 3.1% during the forecast period from 2018 to 2026. While the big names Nike and Adidas have been dominating the market with over 40% market share, domestic brands including Anta and Li … Global athletic footwear market will grow over 2021-2027 with an increasing trend for sports & fitness activities. Vietnam occupied over 10 percent of share in the world footwear market for the first time in 2020, accoding to the World Footwear Yearbook 2021. On the basis of end user, the women segment led the global footwear market demand in 2019, and is expected to retain its dominance throughout the forecast period. The retail value of the sportswear market in China reached CNY316.6 billion in 2019 with current value growth of 17%. The product landscape of the Puncture Proof Footwear market is inclusive of High Shoe and Low-cut Shoe. for the forecast years. of market share by 2030. The product landscape of the Puncture Proof Footwear market is inclusive of High Shoe and Low-cut Shoe. Market Trends 5. Footwear Market Key Players Perspective: In 2018, North America led the footwear market with a regional share of 36%. Apparel Segment to Hold Highest Market Share in the Near Future. The firm holds tremendous offices in Ontario, Canada, and Boston, MA, USA. As the article explains; from January through to September of last year, adidas had an average monthly market share of 4.3 percent in US athletic footwear, according to NPD Group. New Balance has acquired a stable market share that fluctuates between 8 and 12 percent. With over 75% of the global footwear production, China, India, Vietnam, and Indonesia are the largest footwear producing countries, although most of the global footwear market revenue is generated in the United States ($86.1 Mil), with runners up being China ($66.1 Mil), Brazil ($49.6 Mil), Japan ($27.9 Mil), and Russia ($15.8 Mil). The footwear market accounted for USD 207.6 billion, in 2018. Global Athletic Footwear Market share, by Type, 2018 & 2025 (Million Pairs) 2.4. Industry Outlook … U.K. accounted for approximately 13.0% of the market share in 2018. The COVID-19 pandemic has adversely affected several industries, including the athletic footwear market, across the globe. U.S athletic footwear Market was valued at $17.2 Billion in 2015 and is estimated to grow at a CAGR of over 8 % from 2016 to 2024. Nike’s market share. The Apparel and Footwear in USA report includes: Analysis of key supply-side and demand trends. The growth of the market can be attributed to the increasing demand for comfortable footwear to protect the feet. The US is one of the key countries in the global footwear market and the country accounts for over 27% of the footwear market share. SEC-10K Filings for Ross and TJX, Statista Figure 5.1: Product customization could claim more market share by 2030 Product Customization Current Market Share – 0.2% Most Likely Range by 2030: 10% – 30% Potential Range by 2030: 30% 5% – 50% The global market research report provides a detailed sports footwear industry analysis and focuses on key aspects such as leading companies, end-users, and leading product types. Besides this, it offers insights into the current sports shoe market trends and highlights key industry developments. Adaptive Clothing Market Market to Register Steady Expansion during 2018-2026 with Top Industry Players | Silvert’s Adaptive Clothing & Footwear, Izzy Camilleri This industry research report covers U.S. lawn mower market size and growth, share, trends, drivers, and vendor analysis. The market share is expected to increase by USD 1.90 billion from 2020 to 2025, and the market's growth momentum will accelerate at a … Smith & Wesson Brands, Inc. reported sales were down 31 percent year-over-year in the third quarter ended January 31 but surged more than 118 percent on a two-year basis. The market is expected to grow annually by 3.60% (CAGR 2022-2025). The market for non-athletic footwear is comparatively higher as compared to the athletic footwear. This gave the country a 26.3% import value market share, which dipped from 26.8% a month earlier, but was still ahead of the 23.5% share it held in 2018. [ 3] Nike has a 25.14% market share in the athletic apparel segment. Although the products that the company manufactures are of high quality, the enterprise still needs to overcome its major competitors, Nike and Adidas. The United States has the largest footwear market in the world, amounting to over 91 billion U.S. dollars in revenue in 2019. Share of women’s footwear market in its parent market (footwear market) is close to ~44%. [ … The footwear giant is doubling down on e-commerce. Latest trends in India Footwear Market, by every market segment NEW YORK, Jan. 28, 2022 /PRNewswire/ -- The Running Apparel and Footwear market share in the US is segmented into two categories based on the end-user (men, women, and children) and distribution channel (offline and online). Nike’s share of shoppers. Athletic Footwear Market is valued at USD 85.5 Billion in 2018 and expected to reach USD 98.9 Billion By 2025 with the CAGR of 2.1% over the forecast period. As per statista.com, the United States has the largest footwear market in the world, amounting to over 91 billion U.S. dollars in revenue in 2019 alone. The report covers complete information regarding the industry share on the basis of the product landscape. Leather is the preferred upper shoe material to make work shoes and boots. According the recent market report from Allied Market Research, the global footwear market size was valued at $365.5 billion in 2020, and it is estimated to reach $530.3 billion by 2027, representing an impressive CAGR of 5.5% from during the forecast period. EPS came in at 69 cents a share on an adjusted basis, below Wall Street’s consensus estimate of 83 cents. Market leader Nike, with 46 percent of the athletic footwear market and a third of the sports apparel sales, far outpaces its competitors with a combined $8.9 billion sales so far this year. Drivers: Increasing participation of individuals in sports activities is augmenting the market growth of athletic footwear. According to data from retail researcher NPD Group, Nike’s share of the US athletic footwear market was 34.7% last … As consumers restrict discretionary purchases, the footwear market will be challenged to encourage purchases among consumers who already shop more strategically and intentionally. Sports shoes 2.4.1. As of 2017, adidas held a 11.4% share of the United States athletic footwear market. Robust and transparent research methodology, conducted in-country. Sales and Market Shares. Lawn mower market size is expected to reach revenues of over $13.51 billion by 2025, growing at a CAGR of over 4% during the forecast period. The report covers complete information regarding the industry share on the basis of the product landscape. Apparel market. Shoe polishes are an essential product required for both leather footwear and formal footwear which offers softness, shine to the shoe. Key performance metrics. Market share of India Footwear Market manufacturers and their upcoming products; Cost advantage for OEMs who manufacture India Footwear Market in-house; 5 key predictions for the next 5 years in the India Footwear Market. We are happy to … Five year forecasts of market trends and market growth. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. [300 pages Report] As per newly released data by Future Market Insights (FMI), the women’s footwear market is estimated at US$ 178.4 Bn in 2022 and is projected to reach US$ 219.5 Bn by 2027, at a CAGR of 3.2% from 2013 to 2021. U.S. Their market share is over four times that of adidas – though things are starting to change. 8,663 Hypes 6 Comments. On the basis of country level, global outdoor footwear and apparel market sub divided into U.S., Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Brazil, Mexico, GCC, Africa, etc. Mintel's market research reports provide a comprehensive overview of the footwear industry, including information on the footwear market size in your country, market share for leading companies and an overview … The Footwear in USA report includes: Analysis of key supply-side and demand trends. Global Footwear (retailers; market share %) ,7% 7,9% 4,6% Footwear, clothing, sportswear Department 16,2% Hypermarket, supermarket, discount Variety, General Merchandise 67,6% Other However, and since this study focus on the analysis of a global scale industry, a geographical distribution of demand is relevant. Historic volume and value sizes, company and brand market shares. [ 3] Nike has a 51.88% market share in the athletic footwear segment. 3D-Printed Footwear Market by End-user and Geography - Forecast and Analysis 2022-2026: The 3D-printed footwear market share is expected to increase by USD 1.62 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 19.86%. Historic volume and value sizes, company and brand market shares. Market Overview: The global footwear market reached a value of US$ 224.6 Billion in 2021. This has been largely credited to the four prominent sports played in the continent, namely football, baseball, basketball, and hockey. Asia Pacific dominated the footwear market in 2017 and expected to remain dominant throughout the forecast period. The global athletic footwear market was valued at USD 99.61 billion in 2020, and it is projected to register a CAGR of 4.56% during the period, 2021-2026. 4.5.2 Global Testing, Inspection, and Certification TIC for Apparel/Footwear/Handbags Market Share by Company Type (Tier 1, Tier 2, and Tier 3) ... 9.2 United States 9.2.1 Canada 9.2.2 Mexico. The hiking and trail footwear market share growth by the hiking footwear segment will be significant during the forecast period. The United States footwear market is expected to exhibit stable growth during 2021-2026. Comparing Nike to the largest athletic apparel, accessories and footwear brands by global sales. Nike has a 41.14% total market share in the athletic brands segment. [ 3] Nike has a 51.88% market share in the athletic footwear segment. [ 3] Nike has a 25.14% market share in the athletic apparel segment. [ 3] Nike’s market share. Source: Euromonitor USA Apparel and Footwear Data Jan 2019 (File), GlobalStats. The study helps to understand the sales accumulated by the products and the revenue generated during the forecast period. Under Armour has been stealing market share in apparel sales for months from its older German rival and even from Nike, according to Sterne Agee. Running Gear Market to Grow by USD 10.25 billion| 17,000+ Technavio Research Reports. The athletic footwear market is expected to reach US$ 60.5 Bn by 2026 with 5.3% CAGR during the forecast period from 2018 to 2026. Running shoes refers to footwear that is designed for indoor and outdoor running activities. A part of the … Under Armour Inc 's Q4 2021 quarter and 12 months market share, relative to the UA's competitors. 2.2. Athletic footwear refers to those shoes that are designed for sports and other outdoor activities. Along with qualitative information, this report include the quantitative analysis of various segments in terms of market share, growth, opportunity analysis, market value, etc. Report Description. The footwear industry market share numbers for May are out, and they tell the story of the ongoing Adidas comeback in America.. Robust and transparent research methodology, conducted in-country. These insights are included in the report as a major market contributor. Already available via the New York & Company website, prices for the first drop range from $79.95 – $129.95—but for a limited time, early birds can catch a substantial sale. Snapshot of proposition. The report on Athletic Footwear Market offers in-depth analysis on market trends, drivers, restraints, opportunities etc. Looking forward, IMARC Group expects the market to reach US$ 288.2 Billion by 2027, exhibiting at a CAGR of 4% during 2022-2027. Detailed segmentation of international and local products. Nike’s share of shoppers. Snapshot of proposition. Sales and Market Shares. adidas's 9% share has been declining every year since 2011. Global Footwear Market Outlook. US clothing & footwear shopper profile. Nike Overview. 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