Athletic Footwear Market in the US 2016-2020

  • ID: 3829446
  • Report
  • Region: United States
  • 76 pages
  • TechNavio
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FEATURED COMPANIES

  • Adidas
  • ASICS
  • British Knights
  • Columbia Sportswear
  • New Balance
  • Nike
  • MORE
About the Athletic Footwear Market in the US

The growing health-consciousness and the need for physical fitness are propelling the demand for running shoes in the US. With changes in lifestyles, most US consumers now prefer comfort over price. As a result, the demand for comfortable footwear is increasing, which will also drive the growth of the market in the coming years.
The availability of and the demand for innovative footwear is one of the most important trends emerging in the market. For instance, Nike collaborated with technology giant Apple to produce the Nike + iPod sports kit, which has a built-in electronic chip that measures the speed and distance a wearer has run during an exercise session. The growing demand for such innovative products will have a positive impact on the market's growth over the next five years.

The analysts forecast the athletic footwear market in the US to grow at a CAGR of 2.94% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the athletic footwear market in the US for 2016-2020. To calculate the market size, the report has taken into consideration the revenue generated from the retail sales of athletic footwear to individual consumers in the US.

The market is divided into the following segments based on product:
- Running shoes
- Basketball shoes
- Gym and training shoes
- Others (walking, aerobics, hiking, and tennis shoes)

The report, Athletic Footwear Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Adidas
- ASICS
- New Balance
- Nike
- Skechers

Other prominent vendors
- Amer Sports
- Avia
- Brooks Sports
- British Knights
- Columbia Sportswear
- Eddie Bauer
- Newton Running
- Nfinity Athletic Corporation
- Rockport
- Saucony

Market drivers
- Growing number of gym and health club memberships
- For a full, detailed list, view the full report

Market challenges
- Inconsistent raw material prices and growing competition
- For a full, detailed list, view the full report

Market trends
- Increasing use of eco-friendly products
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Adidas
  • ASICS
  • British Knights
  • Columbia Sportswear
  • New Balance
  • Nike
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product
  • Running shoes market in US
  • Basketball shoes market in US
  • Gym and training shoes market in US
  • Other athletic shoes market in US
PART 07: Market segmentation by retail formats

PART 08: Segmentation by end-user
  • Athletic footwear market in US by end users' age
  • Athletic footwear market in US by end users' gender
PART 09: Market drivers
  • Increased
Participation in running events
  • Growing number of gym and health club memberships
  • Awareness of the resultant benefits of a physically active lifestyle
PART 10: Impact of drivers

PART 11: Market challenges
  • Long product replacement cycle
  • Inconsistent raw material prices and growing competition
  • High costs
PART 12: Impact of drivers and challenges

PART 13: Market trends
  • Increasing use of eco-friendly products
  • Innovations in sole technology
  • Growing preference for premium and customized products
PART 14: Vendor landscape
  • Competitive scenario
  • Major vendors
  • Adidas
  • ASICS
  • New Balance
  • Nike
  • Skechers
  • Other prominent vendors
PART 15: About the Author

List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Athletic footwear market in US: Overview
Exhibit 03: Athletic footwear market in US 2015-2020 ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Athletic footwear market in US by product
Exhibit 06: Athletic footwear market in US by products 2015 and 2020 (% share)
Exhibit 07: Running shoes market in US 2015-2020 ($ billions)
Exhibit 08: Running shoes market in US by product type 2015
Exhibit 09: Basketball shoes market in US 2015-2020 ($ billions)
Exhibit 10: Gym and training shoes market in US 2015-2020 ($ billions)
Exhibit 11: Other athletic shoes market in US 2015-2020 ($ billions)
Exhibit 12: Athletic footwear market in US by retail formats
Exhibit 13: Athletic footwear market in US by retail formats 2015
Exhibit 14: Athletic footwear market in US by retail formats 2020
Exhibit 15: Analysis of different retail formats based on key parameters
Exhibit 16: Athletic footwear market in US by end users' age 2015
Exhibit 17: Athletic footwear market in US by end users' gender 2015
Exhibit 18: Total number of memberships at gyms and health clubs in US 2010-2015 (millions)
Exhibit 19: Number of gyms and health clubs in US 2010-2015
Exhibit 20: Impact of drivers
Exhibit 21: Impact of drivers and challenges
Exhibit 22: Major vendors of athletic footwear market in US
Exhibit 23: Key competitors: Benchmarking
Exhibit 24: Adidas: Business segmentation by revenue 2015
Exhibit 25: Adidas: Product segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 26: Adidas: Geographical segmentation by revenue 2015
Exhibit 27: Adidas: Product portfolio
Exhibit 28: ASICS: Product segmentation by revenue 2015
Exhibit 29: ASICS: Product segmentation by revenue 2014 and 2015 ($ millions)
Exhibit 30: ASICS: Geographical segmentation by revenue 2015
Exhibit 31: ASICS: Product portfolio
Exhibit 32: Nike: Business segmentation by revenue 2015
Exhibit 33: Nike: Product segmentation by revenue 2015
Exhibit 34: Nike: Product segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 35: Nike: Product portfolio
Exhibit 36: Skechers: Business segmentation by revenue 2015
Exhibit 37: Skechers: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 38: Skechers: Geographical segmentation by revenue 2015
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FEATURED COMPANIES

  • Adidas
  • ASICS
  • British Knights
  • Columbia Sportswear
  • New Balance
  • Nike
  • MORE
New Report Released: – Athletic Footwear Market in the US 2016-2020

The author of the report recognizes the following companies as the key players in the athletic footwear market in the US: Adidas, ASICS, New Balance, Nike, and Skechers.

Other Prominent Vendors in the market are: Amer Sports, Avia, Brooks Sports, British Knights, Columbia Sportswear, Eddie Bauer, Newton Running, Nfinity Athletic Corporation, Rockport, and Saucony.

Commenting on the report, an analyst from the research team said: “A trend propelling market growth is the increasing use of eco-friendly products. With the growing need for the preservation of the environment, most consumers today have started demanding for sustainable products. Vendors are catering to this demand by increasingly focusing on manufacturing products that can reduce the negative effects on the environment. As a result, organic cotton, recycled rubber, plastic materials, and water-based adhesives are replacing traditional leather, synthetic rubber, nylon, polyurethane, and other synthetic materials in the manufacturing of sports apparel and athletic footwear.”

According to the report, a key growth driver is the growing number of gym and health club memberships. The number of gym and health club memberships have registered a steady increase in the US over the past decade, and there were about 36,180 health clubs in the US in 2015. These gyms and fitness centers have recorded a gradual increase in the number of memberships from 50.2 million in 2012 to 55 million in 2015. The total fitness centers' or health club industry's revenue in the US was recorded at $24.2 billion in 2014. The number of participants in home-gyms also increased from 24.58 million in 2010 to 25.51 million in 2013. This growth in the number of memberships in gyms and health clubs has, in turn, resulted in a rise in the demand for athletic footwear in the country.

Further, the report states that one challenge that could hamper market growth is inconsistent raw material prices and growing competition. In the present market scenario, athletic footwear manufacturers are experiencing fluctuations in their profit margins, owing to the fluctuating prices of raw materials and the increasing vendor competition. As the establishment costs are low, an influx of local players has been observed in recent times. The emergence of local players leads to price wars among competitors, which force market vendors to reduce their products' prices; this, therefore, reduces their profit margins. The increasing price of raw materials is another prime factor that is negatively affecting vendors' profit margins.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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- Adidas
- ASICS
- New Balance
- Nike
- Skechers
- Amer Sports
- Avia
- Brooks Sports
- British Knights
- Columbia Sportswear
- Eddie Bauer
- Newton Running
- Nfinity Athletic Corporation
- Rockport
- Saucony.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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