Bharat
Book Bureau Provides the Trending Market Research Report on “Global
Sneakers Market By Type (Adult Sneakers & Children Sneakers), By Distribution
Channel (Store-based Retail & Non-Store-based Retail), By Region,
Competition, Forecast & Opportunities, 2024” under Retail category. The report offers a collection of superior market
research, market analysis, competitive intelligence and industry reports.
Global
Sneakers Market stood at $ 58 billion in 2018 and is projected
to grow at a CAGR of over 7% during 2019-2024 to reach $ 88 billion by 2024, on account of increasing participation of the
young population in sports and fitness activities and growing consumer
inclination towards branded and high-fashion footwear. Sneakers are shoes
primarily designed for sports or other forms of physical exercise. However,
they are being used for everyday wear.
Different sales channels and rising importance
of internet retailing is adding impetus to global sneakers market. Globally,
sales of sneakers are also being pushed by a sneaker's identification with a
specific athlete. Sneakers have been part of the American culture; however,
they have successfully implanted their presence across the world. Sneakers are
in huge demand among people, especially from the younger age group.
In terms of type, global sneakers market has
been categorized into adult sneakers and children sneakers. The adult sneakers
segment dominated the market in 2018 and is expected to maintain its market
dominance in the coming years as well, on account of growing fashion
consciousness among adults.
Request a free sample copy of Sneakers Market Report @ https://www.bharatbook.com/marketreports/sample/reports/1546376
Moreover, increasing
participation of the young population in sports and fitness activities is
anticipated to further aid the adult sneakers segment, globally.
North America
accounted for the largest share in global sneakers market in 2018, owing to
growing health-consciousness and need for physical fitness. Among the North
American countries, the sneakers market was the largest in the US. With
changing lifestyle, consumers in the US prefer comfort over price, as a result,
demand for sneakers is increasing across the country. Additionally, easy
availability of innovative and customized sneakers is boosting the region’s
sneakers market. Various new companies in the North American sneakers market
have gained importance in the last few years. Skechers USA, for instance,
became the second largest athletic footwear company in 2014. The low price of
Skechers’ products has been the key factor for the company’s growth in the US
market.
Years considered for this report:
Historical Years:
2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period:
2020-2024
Objective of the Study:
• To analyze and
forecast global sneakers market size.
• To classify and
forecast global sneakers market based on type, distribution channel and regional
distribution.
• To identify drivers
and challenges for global sneakers market.
• To examine
competitive developments such as expansions, new product launches, mergers
& acquisitions, etc., in global sneakers market.
• To conduct the
pricing analysis for global sneakers market.
• To identify and
analyze the profile of leading players operating in global sneakers market.
Some of the leading
players in global sneakers market are Adidas AG, Nike Inc., New Balance
Athletics Inc., ASICS, PUMA SE, Under Armour Inc. and China DongXiang.
Browse our full report with Table of Contents : https://www.bharatbook.com/marketreports/global-sneakers-market-by-type-adult-sneakers-children-sneakers-by-distribution-channel-store-based-retail-non-s/1546376
0 comments:
Post a Comment