Athletic Footwear Market Introduction and Overview
According to SPER Market Research, the Global Athletic Footwear Market is estimated to reach USD 258.16 billion by 2034 with a CAGR of 5.18%.
The report includes an in-depth analysis of the Global Athletic Footwear Market, including market size and trends, product mix, Applications, and supplier analysis. The growing awareness of the health benefits of sports and fitness, the expanding global e-commerce sector, and rising disposable incomes are fueling market growth. Young people are increasingly adopting healthy lifestyles, actively engaging in sports and fitness activities, which help prevent chronic conditions like depression, cardiovascular diseases, and diabetes. However, the rise of counterfeit and substandard products is hindering market progress. Fake items, imitating trusted brands, create distrust among consumers, impacting their confidence and experiences. This proliferation of fraudulent products negatively affects the athletic footwear market, reducing its profitability and consumer trust.
By Type: The running shoe segment led the market, driven by their widespread daily use and a wide price range, from affordable to luxury options. These shoes cater to various activities like training, road running, trail running, track running, and racing. The sports shoe market is further categorized by popular sports in each region, such as baseball, basketball, American football, ice hockey, tennis, and golf in the U.S. Meanwhile, the trekking and hiking shoe segment is expected to grow steadily due to technological innovations offering better comfort and flexibility. For example, new technologies like GORE-TEX laminates enhance breathability and moisture control.
By End User: In 2024, the mens segment accounted for the largest share of revenue, holding more than half of the market, and is expected to maintain its dominance through 2030. However, womens footwear is steadily gaining traction, fueled by the increasing popularity of sports among women, especially in previously untapped markets. In developed countries, the representation of female athletes in major sporting events is notably higher compared to their counterparts in developing or underdeveloped nations.
By Regional Insights: Asia Pacific led the market in 2024 and is expected to maintain its dominance throughout the forecast period, with the highest growth rate projected. The regions growing disposable income and expanding e-commerce presence are significant factors fueling the demand for athletic footwear. Additionally, the rising interest in sports events like the Asian Games, ICC Cricket World Cup, and ACC Asia Cup is further driving the growth of the market in Asia Pacific.
Market Competitive Landscape:
The market is moderately consolidated. Some of the market key players are Adidas AG, ASICS Corporation, Fila Inc., Lotto Sport Italia S.p.A, New Balance Athletics, Inc., Nike, Inc., Puma SE, Reebok International Ltd., Under Armour, Inc., Vans, Inc., and others.
Recent Developments:
- The GEL-KAYANO, the most comfortable stability running shoe, was introduced in June 2023 by ASICS, a Japanese multinational firm that manufactures sportswear. It featured innovative technology that give runners adaptable stability and unmatched comfort with every stride.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Type, By End User. |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa. |
| Companies Covered | Adidas AG, ASICS Corporation, Fila Inc., Lotto Sport Italia S.p.A, New Balance Athletics, Inc., Nike, Inc., Puma SE, Reebok International Ltd., Under Armour, Inc., Vans, Inc., and others. |
Key Topics Covered in the Report:
- Global Athletic Footwear Market Size (FY’2021-FY’2034)
- Overview of Global Athletic Footwear Market
- Segmentation of Global Athletic Footwear Market By Type (Aerobic Shoes, Running Shoes, Walking Shoes, Trekking & Hiking Shoes, Sports Shoes)
- Segmentation of Global Athletic Footwear Market By End User (Men, Women, Children)
- Statistical Snap of Global Athletic Footwear Market
- Expansion Analysis of Global Athletic Footwear Market
- Problems and Obstacles in Global Athletic Footwear Market
- Competitive Landscape in the Global Athletic Footwear Market
- Details on Current Investment in Global Athletic Footwear Market
- Competitive Analysis of Global Athletic Footwear Market
- Prominent Players in the Global Athletic Footwear Market
- SWOT Analysis of Global Athletic Footwear Market
- Global Athletic Footwear Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Athletic Footwear Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Athletic Footwear Market
7. Global Athletic Footwear Market, By Type, (USD Million) 2021-2034
7.1. Aerobic Shoes
7.2. Running Shoes
7.3. Walking Shoes
7.4. Trekking & Hiking Shoes
7.5. Sports Shoes
8. Global Athletic Footwear Market, By End User, (USD Million) 2021-2034
8.1. Men
8.2. Women
8.3. Children
9. Global Athletic Footwear Market, (USD Million) 2021-2034
9.1. Global Athletic Footwear Market Size and Market Share
10. Global Athletic Footwear Market, By Region, (USD Million) 2021-2034
10.1. Asia-Pacific
10.1.1. Australia
10.1.2. China
10.1.3. India
10.1.4. Japan
10.1.5. South Korea
10.1.6. Rest of Asia-Pacific
10.2. Europe
10.2.1. France
10.2.2. Germany
10.2.3. Italy
10.2.4. Spain
10.2.5. United Kingdom
10.2.6. Rest of Europe
10.3. Middle East and Africa
10.3.1. Kingdom of Saudi Arabia
10.3.2. United Arab Emirates
10.3.3. Qatar
10.3.4. South Africa
10.3.5. Egypt
10.3.6. Morocco
10.3.7. Nigeria
10.3.8. Rest of Middle-East and Africa
10.4. North America
10.4.1. Canada
10.4.2. Mexico
10.4.3. United States
10.5. Latin America
10.5.1. Argentina
10.5.2. Brazil
10.5.3. Rest of Latin America
11. Company Profile
11.1. Adidas AG
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. ASICS Corporation
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Fila Inc.
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Lotto Sport Italia S.p.A
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. New Balance Athletics, Inc.
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Nike, Inc.
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Puma SE
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Reebok International Ltd.
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. Under Armour, Inc.
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. Vans, Inc.
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
11.11. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links