Product Code: A16906
The global sneaker market size was valued at $131.1 billion in 2021, and is projected to reach $215.6 billion by 2031, registering a CAGR of 5.26% from 2022 to 2031. The volume of global consumption shows a tendency of people of all ages wearing these as casual and fashionable footwear. To meet the demands and budgets of various customers, the market offers a range of footwear in a variety of colors, styles, and prices. In order to stand out and draw in more customers, firms on the fiercely competitive sneaker market invest heavily in marketing and brand development. The global sneaker oligopolies face fierce competition from several small companies, especially in developing countries.
The global sneaker market is analyzed on the basis of product type, end user, price point, category, distribution channel, and region. By product type, the market is divided into low-top sneakers, mid-top sneakers, and high-top sneakers. By end user, the market is divided into men, women, and kids. By price point, the market is divided into luxury and economic. By category, it is classified into private label and branded. By distribution channel, the market is divided into supermarket/hypermarket, specialty stores, brand outlets, e-commerce, and others. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, Russia, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
The impact of the COVID-19 outbreak was moderate on the growth of the global sneaker market. Rise in internet penetration and surge in e-commerce sales contributed toward the growth of the market. However, trade restrictions and lockdown resulted into halting of production and manufacturing units. Conversely, the recovery of the sneaker market is expected in near future.
One of the main drivers of high-end sneaker demand in developing nations is a large population coupled with increased disposable income. Other elements driving the general expansion of the sneaker market include an increase in online sales, novel product introductions, appealing marketing, and promotional tactics. The biggest obstacles facing market players are rising raw material prices and growing environmental concerns. The market is expected to present appealing business prospects, nonetheless, as a result of shifting customer lifestyles and rising online retailing penetration.
The key players operating in the sneaker market have adopted product launch, business expansion, and merger & acquisition as its key strategies to expand their market share, increase profitability, and remain competitive in the market. The major players operating in the global sneaker market are 361 Degrees International Limited, Adidas Group, ANTA Sports Products Limited, Asics Corporation, Crocs Retail, Llc, Ecco Sko A/S, New Balance Inc., Nike, Inc, Peak Sports, Puma SE, Skechers U.S.A., Inc., Under Armour, Inc., VF Corporation, Wolverine World Wide, Inc, Xtep International Holdings Limited.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the sneaker market analysis from 2021 to 2031 to identify the prevailing sneaker market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the sneaker market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global sneaker market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Product Type
- Low-Top Sneakers
- Mid-Top Sneakers
- High-Top Sneakers
By End User
By Price Point
By Category
By Distribution Channel
- Others
- Supermarket/Hypermarket
- Specialty Stores
- Brand Outlets
- E-commerce
By Region
- North America
- Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
- Key Market Players
- Nike, Inc.
- Adidas AG
- Under Armour Inc.
- Puma
- Reebok
- Hanesbrands Inc.
- Champion
- New Balance
- Converse
- Benetton Group S.r.l.
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.Report description
- 1.2.Key market segments
- 1.3.Key benefits to the stakeholders
- 1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.Key findings of the study
- 2.2.CXO Perspective
CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.2.Key findings
- 3.2.1.Top investment pockets
- 3.3.Porter's five forces analysis
- 3.4.Top player positioning
- 3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
- 3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: SNEAKER MARKET, BY PRODUCT TYPE
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Low-Top Sneakers
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market analysis by country
- 4.3 Mid-Top Sneakers
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market analysis by country
- 4.4 High-Top Sneakers
- 4.4.1 Key market trends, growth factors and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market analysis by country
CHAPTER 5: SNEAKER MARKET, BY END USER
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Men
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
- 5.3 Women
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market analysis by country
- 5.4 Kids
- 5.4.1 Key market trends, growth factors and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market analysis by country
CHAPTER 6: SNEAKER MARKET, BY PRICE POINT
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 Luxury
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market analysis by country
- 6.3 Economic
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market analysis by country
CHAPTER 7: SNEAKER MARKET, BY CATEGORY
- 7.1 Overview
- 7.1.1 Market size and forecast
- 7.2 Private Label
- 7.2.1 Key market trends, growth factors and opportunities
- 7.2.2 Market size and forecast, by region
- 7.2.3 Market analysis by country
- 7.3 Branded
- 7.3.1 Key market trends, growth factors and opportunities
- 7.3.2 Market size and forecast, by region
- 7.3.3 Market analysis by country
CHAPTER 8: SNEAKER MARKET, BY DISTRIBUTION CHANNEL
- 8.1 Overview
- 8.1.1 Market size and forecast
- 8.2 Supermarket/Hypermarket
- 8.2.1 Key market trends, growth factors and opportunities
- 8.2.2 Market size and forecast, by region
- 8.2.3 Market analysis by country
- 8.3 Specialty Stores
- 8.3.1 Key market trends, growth factors and opportunities
- 8.3.2 Market size and forecast, by region
- 8.3.3 Market analysis by country
- 8.4 Brand Outlets
- 8.4.1 Key market trends, growth factors and opportunities
- 8.4.2 Market size and forecast, by region
- 8.4.3 Market analysis by country
- 8.5 E-commerce
- 8.5.1 Key market trends, growth factors and opportunities
- 8.5.2 Market size and forecast, by region
- 8.5.3 Market analysis by country
- 8.6 Others
- 8.6.1 Key market trends, growth factors and opportunities
- 8.6.2 Market size and forecast, by region
- 8.6.3 Market analysis by country
CHAPTER 9: SNEAKER MARKET, BY REGION
- 9.1 Overview
- 9.1.1 Market size and forecast
- 9.2 North America
- 9.2.1 Key trends and opportunities
- 9.2.2 North America Market size and forecast, by Product Type
- 9.2.3 North America Market size and forecast, by End User
- 9.2.4 North America Market size and forecast, by Price Point
- 9.2.5 North America Market size and forecast, by Category
- 9.2.6 North America Market size and forecast, by Distribution Channel
- 9.2.7 North America Market size and forecast, by country
- 9.2.7.1 U.S.
- 9.2.7.1.1 Market size and forecast, by Product Type
- 9.2.7.1.2 Market size and forecast, by End User
- 9.2.7.1.3 Market size and forecast, by Price Point
- 9.2.7.1.4 Market size and forecast, by Category
- 9.2.7.1.5 Market size and forecast, by Distribution Channel
- 9.2.7.2 Canada
- 9.2.7.2.1 Market size and forecast, by Product Type
- 9.2.7.2.2 Market size and forecast, by End User
- 9.2.7.2.3 Market size and forecast, by Price Point
- 9.2.7.2.4 Market size and forecast, by Category
- 9.2.7.2.5 Market size and forecast, by Distribution Channel
- 9.2.7.3 Mexico
- 9.2.7.3.1 Market size and forecast, by Product Type
- 9.2.7.3.2 Market size and forecast, by End User
- 9.2.7.3.3 Market size and forecast, by Price Point
- 9.2.7.3.4 Market size and forecast, by Category
- 9.2.7.3.5 Market size and forecast, by Distribution Channel
- 9.3 Europe
- 9.3.1 Key trends and opportunities
- 9.3.2 Europe Market size and forecast, by Product Type
- 9.3.3 Europe Market size and forecast, by End User
- 9.3.4 Europe Market size and forecast, by Price Point
- 9.3.5 Europe Market size and forecast, by Category
- 9.3.6 Europe Market size and forecast, by Distribution Channel
- 9.3.7 Europe Market size and forecast, by country
- 9.3.7.1 U.K.
- 9.3.7.1.1 Market size and forecast, by Product Type
- 9.3.7.1.2 Market size and forecast, by End User
- 9.3.7.1.3 Market size and forecast, by Price Point
- 9.3.7.1.4 Market size and forecast, by Category
- 9.3.7.1.5 Market size and forecast, by Distribution Channel
- 9.3.7.2 Germany
- 9.3.7.2.1 Market size and forecast, by Product Type
- 9.3.7.2.2 Market size and forecast, by End User
- 9.3.7.2.3 Market size and forecast, by Price Point
- 9.3.7.2.4 Market size and forecast, by Category
- 9.3.7.2.5 Market size and forecast, by Distribution Channel
- 9.3.7.3 France
- 9.3.7.3.1 Market size and forecast, by Product Type
- 9.3.7.3.2 Market size and forecast, by End User
- 9.3.7.3.3 Market size and forecast, by Price Point
- 9.3.7.3.4 Market size and forecast, by Category
- 9.3.7.3.5 Market size and forecast, by Distribution Channel
- 9.3.7.4 Italy
- 9.3.7.4.1 Market size and forecast, by Product Type
- 9.3.7.4.2 Market size and forecast, by End User
- 9.3.7.4.3 Market size and forecast, by Price Point
- 9.3.7.4.4 Market size and forecast, by Category
- 9.3.7.4.5 Market size and forecast, by Distribution Channel
- 9.3.7.5 Spain
- 9.3.7.5.1 Market size and forecast, by Product Type
- 9.3.7.5.2 Market size and forecast, by End User
- 9.3.7.5.3 Market size and forecast, by Price Point
- 9.3.7.5.4 Market size and forecast, by Category
- 9.3.7.5.5 Market size and forecast, by Distribution Channel
- 9.3.7.6 Russia
- 9.3.7.6.1 Market size and forecast, by Product Type
- 9.3.7.6.2 Market size and forecast, by End User
- 9.3.7.6.3 Market size and forecast, by Price Point
- 9.3.7.6.4 Market size and forecast, by Category
- 9.3.7.6.5 Market size and forecast, by Distribution Channel
- 9.3.7.7 Rest of Europe
- 9.3.7.7.1 Market size and forecast, by Product Type
- 9.3.7.7.2 Market size and forecast, by End User
- 9.3.7.7.3 Market size and forecast, by Price Point
- 9.3.7.7.4 Market size and forecast, by Category
- 9.3.7.7.5 Market size and forecast, by Distribution Channel
- 9.4 Asia-Pacific
- 9.4.1 Key trends and opportunities
- 9.4.2 Asia-Pacific Market size and forecast, by Product Type
- 9.4.3 Asia-Pacific Market size and forecast, by End User
- 9.4.4 Asia-Pacific Market size and forecast, by Price Point
- 9.4.5 Asia-Pacific Market size and forecast, by Category
- 9.4.6 Asia-Pacific Market size and forecast, by Distribution Channel
- 9.4.7 Asia-Pacific Market size and forecast, by country
- 9.4.7.1 China
- 9.4.7.1.1 Market size and forecast, by Product Type
- 9.4.7.1.2 Market size and forecast, by End User
- 9.4.7.1.3 Market size and forecast, by Price Point
- 9.4.7.1.4 Market size and forecast, by Category
- 9.4.7.1.5 Market size and forecast, by Distribution Channel
- 9.4.7.2 Japan
- 9.4.7.2.1 Market size and forecast, by Product Type
- 9.4.7.2.2 Market size and forecast, by End User
- 9.4.7.2.3 Market size and forecast, by Price Point
- 9.4.7.2.4 Market size and forecast, by Category
- 9.4.7.2.5 Market size and forecast, by Distribution Channel
- 9.4.7.3 India
- 9.4.7.3.1 Market size and forecast, by Product Type
- 9.4.7.3.2 Market size and forecast, by End User
- 9.4.7.3.3 Market size and forecast, by Price Point
- 9.4.7.3.4 Market size and forecast, by Category
- 9.4.7.3.5 Market size and forecast, by Distribution Channel
- 9.4.7.4 Australia
- 9.4.7.4.1 Market size and forecast, by Product Type
- 9.4.7.4.2 Market size and forecast, by End User
- 9.4.7.4.3 Market size and forecast, by Price Point
- 9.4.7.4.4 Market size and forecast, by Category
- 9.4.7.4.5 Market size and forecast, by Distribution Channel
- 9.4.7.5 South Korea
- 9.4.7.5.1 Market size and forecast, by Product Type
- 9.4.7.5.2 Market size and forecast, by End User
- 9.4.7.5.3 Market size and forecast, by Price Point
- 9.4.7.5.4 Market size and forecast, by Category
- 9.4.7.5.5 Market size and forecast, by Distribution Channel
- 9.4.7.6 Rest of Asia-Pacific
- 9.4.7.6.1 Market size and forecast, by Product Type
- 9.4.7.6.2 Market size and forecast, by End User
- 9.4.7.6.3 Market size and forecast, by Price Point
- 9.4.7.6.4 Market size and forecast, by Category
- 9.4.7.6.5 Market size and forecast, by Distribution Channel
- 9.5 LAMEA
- 9.5.1 Key trends and opportunities
- 9.5.2 LAMEA Market size and forecast, by Product Type
- 9.5.3 LAMEA Market size and forecast, by End User
- 9.5.4 LAMEA Market size and forecast, by Price Point
- 9.5.5 LAMEA Market size and forecast, by Category
- 9.5.6 LAMEA Market size and forecast, by Distribution Channel
- 9.5.7 LAMEA Market size and forecast, by country
- 9.5.7.1 Latin America
- 9.5.7.1.1 Market size and forecast, by Product Type
- 9.5.7.1.2 Market size and forecast, by End User
- 9.5.7.1.3 Market size and forecast, by Price Point
- 9.5.7.1.4 Market size and forecast, by Category
- 9.5.7.1.5 Market size and forecast, by Distribution Channel
- 9.5.7.2 Middle East
- 9.5.7.2.1 Market size and forecast, by Product Type
- 9.5.7.2.2 Market size and forecast, by End User
- 9.5.7.2.3 Market size and forecast, by Price Point
- 9.5.7.2.4 Market size and forecast, by Category
- 9.5.7.2.5 Market size and forecast, by Distribution Channel
- 9.5.7.3 Africa
- 9.5.7.3.1 Market size and forecast, by Product Type
- 9.5.7.3.2 Market size and forecast, by End User
- 9.5.7.3.3 Market size and forecast, by Price Point
- 9.5.7.3.4 Market size and forecast, by Category
- 9.5.7.3.5 Market size and forecast, by Distribution Channel
CHAPTER 10: COMPANY LANDSCAPE
- 10.1. Introduction
- 10.2. Top winning strategies
- 10.3. Product Mapping of Top 10 Player
- 10.4. Competitive Dashboard
- 10.5. Competitive Heatmap
- 10.6. Key developments
CHAPTER 11: COMPANY PROFILES
- 11.1 Nike, Inc.
- 11.1.1 Company overview
- 11.1.2 Company snapshot
- 11.1.3 Operating business segments
- 11.1.4 Product portfolio
- 11.1.5 Business performance
- 11.1.6 Key strategic moves and developments
- 11.2 Adidas AG
- 11.2.1 Company overview
- 11.2.2 Company snapshot
- 11.2.3 Operating business segments
- 11.2.4 Product portfolio
- 11.2.5 Business performance
- 11.2.6 Key strategic moves and developments
- 11.3 Under Armour Inc.
- 11.3.1 Company overview
- 11.3.2 Company snapshot
- 11.3.3 Operating business segments
- 11.3.4 Product portfolio
- 11.3.5 Business performance
- 11.3.6 Key strategic moves and developments
- 11.4 Puma
- 11.4.1 Company overview
- 11.4.2 Company snapshot
- 11.4.3 Operating business segments
- 11.4.4 Product portfolio
- 11.4.5 Business performance
- 11.4.6 Key strategic moves and developments
- 11.5 Reebok
- 11.5.1 Company overview
- 11.5.2 Company snapshot
- 11.5.3 Operating business segments
- 11.5.4 Product portfolio
- 11.5.5 Business performance
- 11.5.6 Key strategic moves and developments
- 11.6 Hanesbrands Inc.
- 11.6.1 Company overview
- 11.6.2 Company snapshot
- 11.6.3 Operating business segments
- 11.6.4 Product portfolio
- 11.6.5 Business performance
- 11.6.6 Key strategic moves and developments
- 11.7 Champion
- 11.7.1 Company overview
- 11.7.2 Company snapshot
- 11.7.3 Operating business segments
- 11.7.4 Product portfolio
- 11.7.5 Business performance
- 11.7.6 Key strategic moves and developments
- 11.8 New Balance
- 11.8.1 Company overview
- 11.8.2 Company snapshot
- 11.8.3 Operating business segments
- 11.8.4 Product portfolio
- 11.8.5 Business performance
- 11.8.6 Key strategic moves and developments
- 11.9 Converse
- 11.9.1 Company overview
- 11.9.2 Company snapshot
- 11.9.3 Operating business segments
- 11.9.4 Product portfolio
- 11.9.5 Business performance
- 11.9.6 Key strategic moves and developments
- 11.10 Benetton Group S.r.l.
- 11.10.1 Company overview
- 11.10.2 Company snapshot
- 11.10.3 Operating business segments
- 11.10.4 Product portfolio
- 11.10.5 Business performance
- 11.10.6 Key strategic moves and developments