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Athletic Footwear Market by Future Prospect, Research Analysis and Growth Forecast to 2025

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Rahul Sharma
Athletic Footwear Market by Future Prospect, Research Analysis and Growth Forecast to 2025

11th October, 2018 - Athletic Footwear Market is expected to witness a steady growth on account of increasing standard of living in urban areas. Athletic footwear is designed for sports and physical activities. These products are made up of synthetic material, rubber or leather. Athletic shoes have evolved over time with more safety and comfort design being offered to the consumers. Nowadays, various footwear is designed for different type of sports activities. Athletic footwear in professional sports is a major application driving the overall demand. Almost all the field and adventure sports require footwear that suits the style of activity. Most the companies have products that cater to various field events and endorse a brand ambassador to further promote their brand.

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Increasing standard of living in urban areas has been another factor driving the overall market. Hectic lifestyle has made consumers undertake various physical activities to keep themselves healthy which in turn has propelled the demand for sneakers. Further, these products have been lately a symbol of style and have been an integral part of fashion accessories. Consumers have developed a tendency of buying these products which are endorsed by their favorite brand endorsers.

 

Major players operating in the market are Adidas, Nike, and Puma. Other major players present in the market are Fila, K-Swiss, Converse, Reebok, Skechers, Brooks, Dunlop, Keds, and Lescon. Marketing plays a key role in propelling the demand for this athletic footwear. In the 1990’s Nike launched a special brand of shoes for basketball enthusiasts. The brand (Air Jordan) was named after the famous basketball player Micheal Jordan. These products have been of great success and are still evolving as of today.

 

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