About Recovery Footwear
Footwear for recovery helps to stabilize the foot while also providing warmth and comfort. They're usually made of foam, which gives them a plush feel and offers good arch support. The rehabilitation footwear market will provide immediate pain relief for aching joints such as knees and ankles, which are all too common in athletes. In most cases, these materials are often waterproof and bacteria-resistant.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail of competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Recovery Footwear market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Under Armour (United States), Nike (United States), Adidas (United States), Li Ning (China), Montrail (Canada), OOFOS (United States), PR Soles (United States), Mizuno (Japan), Peak (China) and Asics (Japan) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Recovery Footwear market by Type (Sport Shoes and Sandals), Application (Male and Female) and Region.
On the basis of geography, the market of Recovery Footwear has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Recovery Footwear market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Availability of Waterproof and Bacteria Resistant Foot
Market Growth Drivers:
Rising Helps to Stabilise the Foot and Provide Support and Comfort and High Adoption for Instant Pain Relief for Aching Joints like Knees and Ankles
Challenges:
High Cost of the Footwear
Restraints:
Lack of Clarity or Use Case for the Product
Opportunities:
Development in the Healthcare Sector and Increase in R&D Expenditure for Recovery Footwear
Market Leaders and their expansionary development strategies
In January 2022- Oofos announced its partnership with an agreement to become the official recovery footwear supplier for the U.S. Ski & Snowboard team. Oofos will supply the U.S. Ski Team, U.S. Freeski Team, and U.S Snowboard Team and staff with its recovery footwear. The partnership also includes a presence at domestic World Cup events and product showcases.
In March 2022- Kane Footwear launched its first collaborative design of the Revive recovery shoe with athlete and entrepreneur Brian Mazza. The shoe features earth tones and a printed message on the shoe’s sole that reflects Mazza’s story.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Recovery Footwear Manufacturer, Suppliers, Raw Material Suppliers, Government Regulatory, Enterprise Users, Commercial Users and Industrial Users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.