The global for Sports shoe market, in 2022, had a total worth of USD 98.44 billion, and it is anticipated to climb to USD 180.98 billion by 2032. Throughout the forecast period, a robust compound annual growth rate (CAGR) of 7% is expected. Factors propelling this revenue surge include the growing popularity of athleisure fashion, heightened awareness of sports engagement for health and fitness, and an ongoing commitment by manufacturers to develop technologically advanced footwear that enhances performance while reducing the risk of injuries in response to consumer demand for both comfort and high performance in sports shoes.

Furthermore, the escalating demand for sports footwear across various sectors, encompassing sports, fitness, and leisure, is a pivotal driving force behind market revenue expansion. The global rise in the popularity of sports such as basketball, running, and football is also contributing to the increasing demand for athletic footwear.

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Top Profiled Companies in the Global Sports Shoe Market Report:

• Nike, Inc.
• Adidas AG
• Under Armour, Inc.
• New Balance, Inc.
• Asics Corporation
• Puma SE
• Skechers USA, Inc.
• Reebok International Ltd.
• VF Corporation
• Brooks Sports, Inc.
• Salomon S.A.

Notable Innovations of Sports Shoe Market

• Air Cushioning: Nike's introduction of Air cushioning technology in the late 1970s was a game-changer in sports footwear. It provided improved shock absorption and comfort for athletes, reducing the impact on their joints.
• EVA Foam: Ethylene-vinyl acetate (EVA) foam midsoles revolutionized running shoes, providing lightweight cushioning and support, making shoes more comfortable and responsive.
• Flyknit and Primeknit: Nike and Adidas, respectively, developed knitted uppers that provide a lightweight and seamless fit, enhancing breathability and flexibility while reducing waste in the manufacturing process.

Key Regional Markets Covered in the Report:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)

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Further market segmentation

Product Type Outlook:

• Running Shoes
• Basketball Shoes
• Football Shoes
• Tennis Shoes
• Cross-Training Shoes
• Others

End-Use Outlook:

• Men
• Women
• Children

Key Takeaways of the Global Sports Shoe Market Report:

• A comprehensive overview of the global Sports Shoe industry.
• Accurate market projections in terms of market size, share, and volume.
• Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
• Deep-dive analysis of the upcoming market trends.
• Qualitative and quantitative analyses of the global Sports Shoe market.
• Elaborate study of the leading regional markets in the global Sports Shoe market.
• Complete overview of the market’s competitive landscape.
• Brief look at the company profiles and portfolios.

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