Sneaker Market Size, Share Global Analysis Report, 2016–2026

Industry Insights

[110+ Pages Report] According to the report published by Facts Factors, the global sneaker market size was worth around USD 63 million in 2019 and is predicted to grow to around USD 98 million by 2026 with a compound annual growth rate (CAGR) of roughly 7% between 2020 and 2026. The report analyzes the global sneaker market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the sneaker market.

The report encompasses the forecast as well as analysis of the sneaker market on global and regional level. The study displays historical data of 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Million). Additionally, the market growth drivers, opportunities, limitations, and trends are also included in the Sneaker market report. 

We have included industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the sneaker market in our study.

Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies used by market competitors. It also encompasses PESTLE analysis and SWOT analysis.

Key Insights from Primary Research

• As per our primary respondents, the sneaker market is set to grow annually at rate of around 7%
• It was established through primary research that the sneaker market was valued at around USD 58 Million in 2018
• The “adult sneaker” category, on the basis of product type segmentation, was the leading revenue generating category accounting for around USD 39 Million, in 2018
• The “offline channel” category, on the basis of application segmentation, was the leaded revenue generating category accounting for around USD 35 Million, in 2018
• North America contributed largest revenue generation of around USD 22 Million in 2018.

Key Recommendations from Analysts

• As per our analysts, adult sneakers are expected to lead the target market growth owing to its popularity among individuals due to its style and comfort.
• North America is anticipated to dominate the target market growth over the forecast period owing to its popularity and increasing demand in the US.
• Growing at a CAGR around 7%, sneaker market provides numerous opportunities for all of the involved stakeholders across the entire value chain
• Our analysts have identified “adult” and “offline channel” categories as the leading investment pockets for sneaker market in terms of product type and application segmentations respectively

Market Value Share – By Product Product Type

The report also offers an in-depth analysis of the market share of each industry player and gives an outline of the market position of key players in the sneaker market. Moreover, the study offers wide coverage of key strategic improvements witnessed in the market such as acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, R&D activities, and geographical expansion of key players of the Sneaker market.

The study provides a decisive view of the sneaker market by segmenting the sneaker market based on product type, application, and regions. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Report Scope

The sneaker market is segmented based on product type and application. Product Type-wise, the market is classified into adult sneaker and children sneaker. In terms of application, the market segment is sectored into online channel and offline channel.

Some of the leading players in the global market include

• MIZUNO
• ASICS Corporation
• Nike Inc.
• New Balance Inc.
• Under Armour
• Adidas AG
• Puma SE
• Li-Ning
• Ecco
• Skecher Inc.
• PEAK Sport Products
• China Dongxiang

This report segments the sneaker market as follows:

By Product Type Segment Analysis

• Adult Sneaker
• Children Sneaker

By Application Segment Analysis

• Online Channel
• Offline Channel

By Regional Segment Analysis

• North America
  • The U.S.
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Finland
    • Iceland
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

Key Pointers Addressed by the Report

• Historical data and forecast analysis of the market
• Drivers and Restraints affecting market dynamics
• Exhaustive analysis about the future market trends
• Comprehensive information about the leading market segments and region
• Strategic developments made by the competitive players and in-depth analysis about its impact on market growth