The report forecasts the global sports footwear market to grow at a CAGR of 2.55% during the period 2016-2020.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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.
- New Balance
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Market segmentation by application
PART 08: Market segmentation by retail formats
PART 09: Geographical segmentation
PART 10: Key leading countries
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Innovative product launches
PART 17: Vendor landscape
PART 18: Appendix
For more information visit http://www.researchandmarkets.com/research/brwlls/global_sports
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-sports-footwear-market-2016-2020---growing-focus-of-manufacturers-on-show-designing---research-and-markets-300303260.html
SOURCE Research and Markets