The Key Players in Global Sports Footwear Market 2016-2020

Tuesday 19 July 2016, Amsterdam

The report, now available on ASDReports, recognizes the following companies as the key players in the global sports footwear market: Adidas, ASICS, Nike, New Balance, and Skechers.

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

Commenting on the report, an analyst said: “One of the latest trends gaining grounds in the market in the growing focus of manufacturers on show designing. With the growing demand for better and more sustainable options for sports footwear, vendors are venturing into different and varied designing and production techniques for sports shoes. They are focusing more towards consumer requirements, like comfort, style, and enhancement of performance while developing footwear.”

According to the report, the increased awareness of the benefits of leading a healthy lifestyle has been propelling the growth of the global sports footwear market. Along with a rising inclination toward the adoption of physical activities by consumers, vendors are also recognizing the fact that the need for physical fitness among consumers can be further boosted with the advent of social media fitness apps and socially integrated fitness trackers.

Further, the report states that sports footwear manufacturers are experiencing fluctuations in their profit margins, owing to the fluctuating prices of raw materials and the increasing vendor competition. The price of ethylene vinyl acetate (EVA), which is an elastomeric polymer that produces materials with a rubber-like softness and flexibility and is used for the production of sports footwear soles, has increased, thereby raising the prices of sports footwear.

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.