Global Athletic Footwear Market Is Anticipated To Add 1.4x Value By 2031

Athletic Footwear Market

Recently published Fact.MR intelligence on the global athletic footwear market forecasts a steady growth outlook, expecting an increase of 4.5% in value CAGR terms. As per the report, the market will be valued at over US$ 124 Bn by the end of the 2021-2031 assessment period. As of 2021, the market is positioned to reach US$ 79.52 Bn.

Historical projections reflect an identical growth trail, with a recorded CAGR of around 4% from 2016-2020 and reaching US$ 76.19 Bn in value terms. Demand underwent a dual transformation amid the COVID-19 pandemic, initially contracting sharply amid restrictions on outdoor sporting events, eventually regaining momentum as fitness enthusiasts began investing their time in sports activities across residential settings.

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Key Segments Covered

  • Product Type

    • Running Athletic Shoes
    • Athleisure Shoes
    • Gym/ Aerobics Athletic Shoes
    • Backpacking Athletic Shoes
    • Trekking Athletic Boots
    • Rugged Athletic Boots
    • Specialty Athletic Boots
    • Mountaineering Athletic Boots
    • Other Athletic Footwear
  • Distribution Channel

    • Athletic Footwear Sales via Hypermarkets/Supermarkets
    • Athletic Footwear Sales via Departmental Stores
    • Athletic Footwear Sales via Speciality Stores
    • Athletic Footwear Sales via Online Retail
    • Athletic Footwear Sales via Sport Stores
    • Athletic Footwear Sales via Other Channels
  • Price-based

    • Economy Athletic Footwear
    • Mid-range Athletic Footwear
    • Premium Athletic Footwear
    • Super-Premium Athletic Footwear
  • Demographics

    • Athletic Footwear for Men
    • Athletic Footwear for Women
    • Athletic Footwear for Kids