What is Outdoor Sports Shoes Market?
Outdoor Sports Shoes are made for sports, exercise, and recreational activities such as racquetball, jogging, and aerobic dance. The majority of the shoes are comprised of a light synthetic mesh. The mesh can be used with suede or nylon to create a unique look. Despite the fact that mesh is not as durable as canvas or leather, it allows the shoes to breathe, keeping feet cool and comfortable during workouts or everyday wear. Sport shoes come in a variety of styles, including high tops that cover the ankles, low tops that don't cover the ankles, mid-cuts that are midway between high-tops and low-tops, and calf-length sneaker boots.
The market study is being classified by Type (Trail Running Shoes, Rock Climbing Shoes, Hiking Shoes and Others), by Application (Men, Women and Kids) and major geographies with country level break-up.
Nike (United States), Adidas (Germany), Under Armour (United States), ASICS (Japan), Skeechers (United States), New Balance (United States), Reebok (United States), Puma (Germany), Fila (United States), Salomon (France) and Red Tape (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Columbus (India), Duke & Dexter (United Kingdom), HRX (India) and Lotto (Italy).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Segment Analysis
Analyst at AMA have segmented the market study of Global Outdoor Sports Shoes market by Type, Application and Region.
On the basis of geography, the market of Outdoor Sports Shoes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Disposable Income And Growing Population
- Continuously Changing Fashion Trend In Shoes
Market Trend
- Surge In Popularity Of Eco-Friendly Shoes Among People
Restraints
- Lack Of Durability And Quality Concern
Opportunities
- Emerging Demand from Economies
- Increasing Sale Of Outdoor Sport Shoes Online Platform
- Celebrity Endorsement Of Product Fuel Growth Of Product
Challenges
- Increasing Cost of Raw Material of Shoes
In July 2020- Nike Inc. the footwear manufacturing company is partnership with foot locker Inc. company for increasing growth of online selling operations in the wake of coronavirus crisis. Nike Inc. strengthen its own e-commerce platform.
Key Target Audience
Outdoor Sports Shoes Manufacturers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others