Sneakers Market By Category (Adult, Children), By Type (Low Cut, High Ankle, Mid Cut, Slip On, Others), By Distribution Channel (Brand Outlets, E-Commerce Industry, Supermarkets And Hypermarkets, Other) – Growth, Future Prospects, And Competitive Landscape, 2019 – 2027

Summary
Table Of Content

Market Insights:

The global sneakers market is projected to witness significant growth, growing at a CAGR of 6.8% during the forecast period from 2019 to 2027. Sneakers are divided into different categories, mainly athletic shoes, gym shoes, and many more. Sneakers were originally designed for various sports activities, but they are now worn on a daily basis. Manufacturers are focusing on sustainable resources for manufacturing these shoes. For instance, according to the annual report of Puma S.E., Puma is going to source 90% of its cotton and polyester from sustainable sources. In addition, in March 2019, Adidas produced more than five million pairs of shoes from recycled plastic from oceans and plans to increase production to 11 million in the near future.

The increase in IoT technology and the e-commerce trend are two of the key factors driving the growth of the market. For instance, in 2018, according to the statistics provided by Adidas, e-commerce was the fastest-growing sales channel globally. Demand for sneakers is continuously increasing, as consumers nowadays are inclining towards a sporty lifestyle and turning sportswear into everyday wear. Furthermore, sports and physical activities such as yoga, gym, and many other activities are driving global sneakers sales among the young population. Companies are producing sneakers for specific purposes; for instance, on April 4, 2019, Nike, Inc. launched its new gym red edition for women, specially designed for working out in gyms. The Air Max 720 is textured in white, has a plastic midsole clip, and has the same sporty outsole as the Air Max 720.

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Market Snapshot

The adult sneaker market will grow significantly at a healthier CAGR.

In 2018, the adult sneakers segment held the largest share of the global sneakers market. The dominance of this segment is supported by many reasons, like the fact that consumers have become more comfort-oriented and are now ready to invest more in footwear that offers extra comfort. For instance, in June 2019, Nike released a new shoe collection that includes the brand’s softest and most flexible shoes. The Nike Air Max 270 React is manufactured with bar track technology, and no-sew materials are used for the manufacturing of these shoes. Moreover, the trend for sneakers among women is also rising, and companies are focusing on providing sneakers for their female customers. For instance, Nike has launched a digital program for women. Nike Unlaced is a platform where women can choose footwear with new styles and collaborations. Nike Unlaced is updated weekly with new brands and innovative shoes, allowing women to wear the same types of sneakers as men. This is one of the key reasons driving the growth of the adult sneaker market.

In 2018, North America held the largest market share.

In 2018, North America dominated the sneaker market and was likely to continue its dominance during the forecast period from 2019 to 2027. The U.S. holds the majority of the market share in the overall North American market. People in the U.S. prefer quality products and are willing to pay high prices for branded products. Moreover, factors such as rising e-commerce and product innovation are also increasing the demand for sneakers. In contrast, Asia Pacific is the fastest-growing region of the sneaker market. The market growth is associated with the inclination of people towards branded products and fitness, thus propelling the demand for sneakers in the Asia Pacific region. For instance, in November 2018, Adidas opened its largest brand center in the Asia Pacific region in Shanghai, China. The brand center displays all the innovations and recent retail concepts related to new styles. Adidas further has plans to expand its reach in the Asia Pacific region due to an increase in the overall demand for sneakers in countries such as India, Japan, Indonesia, South Korea, and others.

Competitive Insights

The major players identified in the sneaker market include Puma S.E., Adidas AG, Nike, Inc., Under Armour, Inc., ASICS, New Balance Athletics, Inc., Mizuno Corporation, Li Ning Company, ECCO Sko A/S, K-Swiss, Inc., Skechers USA, Inc., Anta Sports Products Limited, 361 Degrees International Limited, Xstep International Holdings Limited, Peak Sportswear Ltd., and lotto Sport Italia, among others. Technological advancement and new product development remain some of the major strategies implemented by the major players in the sneaker market. For instance, in September 2018, Puma S.E. launched its latest product, named Hybrid. Hybrid has two variants: hybrid runner and hybrid rocket. Hybrid includes beads, which provide extra cushion while running.

Periods of History and Forecast

The research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2019 to 2027.

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Report Scope by Segments

The Sneakers market report provides market size and estimates based on market dynamics and key industry trends. The report provides a holistic view of the global sneaker market based on category, type, material, distribution channel, and geography. Key segments covered in the report are as follows:

Key questions are answered in this report.

What was the size of the sneakers market in 2018, and what are the projections for 2027?
What are the key factors driving the global sneaker market?
What are the key market trends and high-growth opportunities observed in the sneaker market?
What are the drivers of the sneaker market?
Which is the largest regional market for sneakers?
Which segment will grow at a faster pace? Why?
Which region will drive the market’s growth? Why?
Which players are leading the sneaker market?
What are the sustainability strategies adopted by the key players operating in the market?

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Sneakers Market
2.2. Global Sneakers Market, by Category, 2018 (US$ Mn)
2.3. Global Sneakers Market, by Type, 2018 (US$ Mn)
2.4. Global Sneakers Market, by Distribution Channel, 2018 (US$ Mn)
2.5. Global Sneakers Market, by Geography, 2018 (US$ Mn

3. Market Dynamics
3.1. Introduction
3.1.1. Global Sneakers Market Value, 2017-2027, (US$ Mn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players

4. Global Sneakers Market, by Category , 2017-2027 (US$ Mn)
4.1. Overview
4.2. Adult
4.3. Children

5. Global Sneakers Market, by Type, 2017-2027 (US$ Mn)
5.1. Low Cut
5.2. High Ankle
5.3. Mid Cut
5.4. Slip On
5.5. Others (Platform etc.)

6. Global Sneakers Market, by Distribution Channel, 2017-2027 (US$ Mn)
6.1. Brand Outlets
6.2. E-Commerce Industry
6.3. Supermarkets and Hypermarkets
6.4. Other (Factory Outlets)

7. North America Sneakers Market Analysis, 2017-2027 (US$ Mn)
7.1. Overview
7.1.1. North America Sneakers Market Value and Growth, 2017-2027, (US$ Mn)
7.2. North America Sneakers Market Value, By Category, 2017-2027 (US$ Mn)
7.2.1. Market Analysis
7.3. North America Sneakers Market Value, By Type, 2017-2027 (US$ Mn)
7.3.1. Market Analysis
7.4. North America Sneakers Market Value, By Distribution Channel, 2017-2027 (US$ Mn)
7.4.1. Market Analysis
7.5. North America Sneakers Market Value, By Region/Country, 2017-2027 (US$ Mn)
7.5.1. Market Analysis
7.5.2. U.S.
7.5.3. Rest of North America

8. Europe Sneakers Market Analysis, 2017-2027 (US$ Mn)
8.1. Overview
8.1.1. Europe Sneakers Market Value and Growth, 2017-2027, (US$ Mn)
8.2. Europe Sneakers Market Value, By Category, 2017-2027 (US$ Mn)
8.2.1. Market Analysis
8.3. Europe Sneakers Market Value, By Type, 2017-2027 (US$ Mn)
8.3.1. Market Analysis
8.4. Europe Sneakers Market Value, By Distribution Channel, 2017-2027 (US$ Mn)
8.4.1. Market Analysis
8.5. Europe Sneakers Market Value, By Region/Country, 2017-2027 (US$ Mn)
8.5.1. Market Analysis
8.5.2. U.K.
8.5.3. Germany
8.5.4. France
8.5.5. Rest of Europe

9. Asia Pacific Sneakers Market Analysis, 2017-2027 (US$ Mn)
9.1. Overview
9.1.1. Asia Pacific Sneakers Market Value and Growth, 2017-2027, (US$ Mn)
9.2. Asia Pacific Sneakers Market Value, By Category, 2017-2027 (US$ Mn)
9.2.1. Market Analysis
9.3. Asia Pacific Sneakers Market Value, By Type, 2017-2027 (US$ Mn)
9.3.1. Market Analysis
9.4. Asia Pacific Sneakers Market Value, By Distribution Channel, 2017-2027 (US$ Mn
9.4.1. Market Analysis
9.5. Asia Pacific Sneakers Market Value, By Region/Country, 2017-2027 (US$ Mn)
9.5.1. Market Analysis
9.5.2. Japan
9.5.3. China
9.5.4. India
9.5.5. Rest of Asia Pacific

10. Rest of the World Sneakers Market Analysis, 2017-2027 (US$ Mn)
10.1. Overview
10.1.1. Rest of the World Sneakers Market Value and Growth, 2017-2027, (US$ Mn)
10.2. Rest of the World Sneakers Market Value, By Category, 2017-2027 (US$ Mn)
10.2.1. Market Analysis
10.3. Rest of the World Sneakers Market Value, By Type, 2017-2027 (US$ Mn)
10.3.1. Market Analysis
10.4. Rest of the World Sneakers Market Value, By Distribution Channel, 2017-2027 (US$ Mn)
10.4.1. Market Analysis
10.5. Rest of the World Sneakers Market Value, By Region, 2017-2027 (US$ Mn)
10.5.1. Market Analysis
10.5.2. Middle East & Africa
10.5.3. Latin America

11. Company Profiles
11.1. Nike, Inc.
11.2. Adidas AG
11.3. Puma SE
11.4. Under Armour, Inc.
11.5. ASICS
11.6. New Balance Athletics, Inc.
11.7. Mizuno Corporation
11.8. Li Ning Limited
11.9. ECCO Sko A/S
11.10. K-Swiss, Inc.
11.11. Skechers USA, Inc.
11.12. Anta Sports Products Limited
11.13. 361 Degree International Limited
11.14. Xtep International Holdings Limited
11.15. Peak Sportswear Ltd.
11.16. Lotto Sport Italia

List of Figures

FIG. 1 Global Sneakers Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Sneakers Market Segmentation
FIG. 4 Global Sneakers Market, by Category, 2018 (US$ Mn)
FIG. 5 Global Sneakers Market, by Type, 2018 (US$ Mn)
FIG. 6 Global Sneakers Market, by Distribution Channel, 2018 (US$ Mn)
FIG. 7 Global Sneakers Market, by Geography, 2018 (US$ Mn)
FIG. 8 Attractive Investment Proposition, by Geography, 2018
FIG. 9 Global Market Positioning of Key Sneakers Market Manufacturers, 2018
FIG. 10 Global Sneakers Market Value Share, by Category, 2018 & 2027 (Value %)
FIG. 11 Global Sneakers Market, for Adults, 2017–2027 (US$ Mn)
FIG. 12 Global Sneaker Market, for Children, 2017–2027 (US$ Mn)
FIG. 13 Global Sneakers Market Value Share, by Type, 2018 & 2027 (Value %)
FIG. 14 Global Sneakers Market, by Low Cut type 2017–2027 (US$ Mn)
FIG. 15 Global Sneakers Market,by High Ankel type, 2017–2027 (US$ Mn)
FIG. 16 Global Sneakers Market, by Mid Cut type 2017–2027 (US$ Mn)
FIG. 17 Global Sneakers Market, by Slip-On type 2017–2027 (US$ Mn)
FIG. 18 Global Sneakers Market, by Others (Platform etc.), 2017–2027 (US$ Mn
FIG. 19 Global Sneakers Market Value Share, by Distribution Channel, 2018 & 2027 (Value %)
FIG. 20 Global Sneakers Market, by Brand Outlet 2017–2027 (US$ Mn)
FIG. 21 Global Sneakers Market, by E-Commerce 2017–2027 (US$ Mn)
FIG. 22 Global Sneakers Market, by Supermarket and Hypermarket, 2017–2027 (US$ Mn)
FIG. 23 Global Sneakers Market, Others (factory outlet), 2017–2027 (US$ Mn)
FIG. 24 North America Sneakers Market, 2017–2027 (US$ Mn)
FIG. 25 Europe Sneakers Market, 2017–2027 (US$ Mn)
FIG. 26 Asia Pacific Sneakers Market, 2017–2027 (US$ Mn)
FIG. 27 RoW Sneakers Market, 2017–2027 (US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Sneakers Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 Global Sneakers Market, by Category, 2017–2027 (US$ Mn)
TABLE 5 Global Sneakers Market, by Type, 2017–2027 (US$ Mn)
TABLE 6 Global Sneakers Market, by Channel of Distribution, 2017–2027 (US$ Mn)
TABLE 7 Global Sneakers Market, by Geography, 2017–2027 (US$ Mn)
TABLE 8 North America Sneakers Market, by Category, 2017–2027 (US$ Mn)
TABLE 9 North America Sneakers Market, by Type, 2017–2027 (US$ Mn)
TABLE 10 North America Sneakers Market, by Distribution Channel, 2017–2027 (US$ Mn)
TABLE 11 North America Sneakers Market, by Country, 2017–2027 (US$ Mn)
TABLE 12 Europe Sneakers Market, by Category, 2017–2027 (US$ Mn)
TABLE 13 Europe Sneakers Market, by Type, 2017–2027 (US$ Mn)
TABLE 14 Europe Sneakers Market, by Distribution Channel, 2017–2027 (US$ Mn)
TABLE 15 Europe Sneakers Market, by Country/Region, 2017–2027 (US$ Mn)
TABLE 16 Asia Pacific Sneakers Market, by Category, 2017–2027 (US$ Mn)
TABLE 17 Asia Pacific Sneakers Market, by Type, 2017–2027 (US$ Mn
TABLE 18 Asia Pacific Sneakers Market, by Distribution Channel, 2017–2027 (US$ Mn)
TABLE 19 Asia Pacific Sneakers Market, by Country/Region, 2017–2027 (US$ Mn)
TABLE 20 Rest of the World Sneakers Market, by Category, 2017–2027 (US$ Mn)
TABLE 21 Rest of the World Sneakers Market, by Type, 2017–2027 (US$ Mn
TABLE 22 Rest of the World Sneakers Market, by Distribution Channel, 2017–2027 (US$ Mn))
TABLE 23 Rest of the World Sneakers Market, by Region, 2017–2027 (US$ Mn)
TABLE 24 Nike Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 25 Adidas AG.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 26 Puma SE: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 27 Under Armour, Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 28 ASICS: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 29 New Balance Athletics: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 30 Mizuno Corporation.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 31 Li Ning Company: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 32 ECCO Sko A/S.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 33 K-Swiss, Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 34 Skechers USA, Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 35 Anta Sports Products Limited.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 36 361 Degree International Limited.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 37 Xtep International Holdings Limited.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 38 Peak Sportswear Ltd.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 39 Lotto Sport Italia.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

Frequently Asked Question:

What is the size of Sneakers Market?

The market for Sneakers Market is expected to reach USD$ XX Bn billion in 2027.

What is the Sneakers Market CAGR?

The Sneakers Market is expected to see significant CAGR growth over the coming years, at 6.8%.

What is the Forecast period considered for Sneakers Market?

The report is forecasted from 2019 -2027.

What is the base year considered for Sneakers Market?

The base year of this report is 2018.

Who are the major players in this market?

Puma S.E., Adidas AG, Nike, Inc., Under Armour, Inc., ASICS, New Balance Athletics, Inc., Mizuno Corporation, Li Ning Company, ECCO Sko A/S, K-Swiss, Inc., Skechers USA, Inc. are some of the major players in the global market.

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