Sneaker Market Growth 2019-2024 Sports Wear Industry Segmented By Key Players;Adidas ,Nike ,New Balance ,Under Armour ,ASICS ,MIZUNO ,Puma ,Lining


Sneakers (also known as athletic shoes, tennis shoes, gym shoes, runners, takkies, or trainers) are shoes primarily designed for sports or other forms of physical exercise, but which are now also often used for everyday wear. 

According to this study, over the next five years the Sneaker market will register a 6.5% CAGR in terms of revenue, the global market size will reach US$ 102500 million by 2024, from US$ 70100 million in 2019.

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Sneaker is a favorite footwear choice for sports or casual occasions for men, women and kids. 
Growing innovations and the rising trend of adopting a healthy lifestyle and increasing active participation of the young population in sports and related activities is expected to propel the demand for the athletic footwear market. 

Geographically, the market is leading by North America and Europe, sales in Asia Pacific regions like China, Japan, Southeast Asia and India will see significant growth in future period. In terms of year 2016, North America is expected to hold the largest market share, with about 766 million pairs sold, followed by Europe of about 24.84% consumption market share in 2016.

This study considers the Sneaker value and volume generated from the sales of the following segments:

Segmentation by product type:

  • Adult Sneaker 
  • Children Sneaker 

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Segmentation by application:

  • Competition 
  • Amateur Sports 
  • Lifestyle

This report also splits the market by region:Americas ,United States ,Canada ,Mexico ,Brazil ,APAC ,China ,Japan ,Korea ,Southeast Asia ,India ,Australia ,Europe ,Germany ,France ,UK ,Italy ,Russia ,Spain ,Middle East & Africa ,Egypt ,South Africa ,Israel ,Turkey ,GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

The key manufacturers covered in this report:Adidas ,Nike ,New Balance ,Under Armour ,ASICS ,MIZUNO ,Puma ,Lining ,Ecco ,Kswiss ,Skecher ,ANTA ,361° ,PEAK ,Guirenniao ,China Dongxiang ,Xtep

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

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Research objectives 
To study and analyze the global Sneaker consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024. 
To understand the structure of Sneaker market by identifying its various subsegments. 
Focuses on the key global Sneaker manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years. 
To analyze the Sneaker with respect to individual growth trends, future prospects, and their contribution to the total market. 
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). 
To project the consumption of Sneaker submarkets, with respect to key regions (along with their respective key countries). 
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. 
To strategically profile the key players and comprehensively analyze their growth strategies.

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