Nike, one of the leading sportswear manufacturers in the world, is the key player within the athletic footwear market in the United States. As of 2017, the Nike brand held a 35.6 percent share of the athletic shoe and footwear market, with Jordan, also owned by Nike, in second place with a 15.7 percent share. When taken altogether, Nike’s brands accounted for over half of the total U.S. market.
Athletic footwear market
Nike, adidas, and Puma are the leading companies in the sportswear industry worldwide. Nike generates more revenue from footwear than adidas and Puma combined, showing the company’s dominance in this sector. In the United States alone, the athletic footwear market generates billions of U.S. dollars each year. On average a pair of athletic footwear retailed at around 58 U.S. dollars in the United States as of 2017. Nike is the brand of choice for American consumers when it comes to selecting sports shoes.
Nike and adidas are two of the most popular sports footwear brands in the United States, but it is Nike that dominates the market with a 46 percent share as of 2017.
Athletic footwear in the United States The sports footwear market in the United States was valued at around 37.5 billion U.S. dollars in 2019 and forecast to reach nearly 70 billion U.S. dollars in 2025. Historically, Nike’s performance on its home turf of North America has been strong, with footwear sales accounting for around 63 percent of the company’s revenue in the region in 2019. However, sales have leveled off in recent years as rival brands such as adidas, Under Armour, and Vans threaten to take market share. For four consecutive years, adidas footwear has ranked higher than Nike in the American customer satisfaction index.
The rise of the resale market The sneaker resale industry is booming thanks to footwear brands releasing exclusive collections in limited numbers. Individuals lucky enough to get their hands on a pair of rare sneakers must now decide whether to keep them or sell them. Two brands are helping to drive this secondhand market: Air Jordan and YEEZY. Air Jordan’s are produced by Nike and were originally created for former basketball star Michael Jordan; adidas has partnered with music artist Kanye West to design the YEEZY footwear. In 2017, the average resale price of the YEEZY Boost 350 with the Semi Frozen Yellow colorway was 747 U.S. dollars.
The timeline shows Nike's estimated global market share in athletic footwear from 2011 to 2025. Between 2011 and 2025, Nike's global market share in sports and sports inspired footwear is predicted to remain steady at around 27.4 percent. Nike Founded in January 25, 1964 and headquartered in Beaverton, Oregon, Nike, Inc. is the world's leading supplier of athletic shoes and apparel and a major manufacturer of sports equipment. In 2016, the company employed over 70 thousand people worldwide.
The company sponsors many high-profile professional athletes such as Cristiano Ronaldo, Rafael Nadal, Lebron James, and Rory Mcllroy to use their products and promote and advertise their technology and design. On top of that, Nike also manufactures and provides kits (uniforms) for a wide range of sports teams like Barcelona, Manchester City, and Paris Saint-Germain and many U.S. colleges as well.
Over the years, the sporting goods industry has seen many mergers and acquisitions. Other key players in the industry include Reebok, Adidas, Puma, and Under Armour. Some of these companies are joining up with fashion designers to produce new clothing styles and widen their product lines. As a result, consumption will continue to be driven by a trend toward less formal dress in the workplace and demand from specific demographics such as teenagers and baby boomers.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
After five years of growth, the Ethiopian athletic footwear market decreased by -1.7% to $578K in 2024. Over the period under review, consumption, however, saw a relatively flat trend pattern. Athletic footwear consumption peaked at $1M in 2017; however, from 2018 to 2024, consumption stood at a somewhat lower figure.
The average selling price for athletic footwear was around 58 U.S. dollars as of 2017. This figure has remained relatively flat over the past number of years. The price of sneakers, one of the most popular forms of athletic footwear, varies greatly depending on the brand of sneaker in question.
What is athletic footwear?
Formal, casual, athletic: footwear comes in a wide variety of shapes, styles, colors, and sizes. Sports or athletic footwear relates to footwear which is intended for use in sports. However, it also includes shoes which are athletic in style but not made for playing sports. There are many terms for athletic footwear, such as sports shoes, gym shoes, tennis shoes, and kicks.
Who are the leading footwear companies in the United States?
Nike, adidas, and Puma are some of the leading footwear companies in the world, generating billions of U.S. dollars from footwear sales each year. As of 2016, Nike held the largest share of the U.S. footwear market with a 17.9 percent share. As of 2017, Nike and adidas held the lion’s share of the U.S. sports footwear market, with a combined share of over 50 percent.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
In 2024, the Angolan athletic footwear market decreased by -60.5% to $1.6M, falling for the second year in a row after two years of growth. In general, consumption saw a perceptible descent. Athletic footwear consumption peaked at $12M in 2017; however, from 2018 to 2024, consumption failed to regain momentum.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
After two years of decline, the Cote d'Ivoire's athletic footwear market increased by 2.2% to $802K in 2024. Overall, consumption continues to indicate strong growth. Athletic footwear consumption peaked at $1M in 2017; however, from 2018 to 2024, consumption remained at a lower figure.
https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy
As per newly released data by Future Market Insights (FMI), the Women Sneaker Market is estimated at US$ 27031.9 Million in 2022 and is projected to reach US$ 51703.5 Million by 2032, at a CAGR of 6.70 % from 2022 to 2032.
Attribute | Details |
---|---|
Women Sneaker Market Estimated Size (2022) | US$ 27031.9 Million |
Women Sneaker Market Projected Size (2032) | US$ 51703.5 Million |
Women Sneaker Market Value-based CAGR (2022 to 2032) | 6.70% |
Scope of Report
Attribute | Details |
---|---|
Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2021 |
Market Analysis | US$ Million for Value |
Key Regions Covered | North America, Latin America, Europe, East Asia, South Asia, Oceania & Middle East and Africa(MEA) |
Key Countries Covered | USA, Canada, Brazil, Mexico, Germany, the United Kingdom, France, Spain, Italy, Russia, South Africa, Northern Africa GCC Countries, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, and New Zealand. |
Key Segments Covered | Type, Application Type, Sales Channel, and Region |
Key Companies Profiled |
|
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The revenue of the athletic footwear market in Cyprus amounted to $X in 2018, jumping by X% against the previous year. Overall, athletic footwear consumption, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2015 when the market value increased by X% y-o-y. Cyprus athletic footwear consumption peaked at $X in 2016; however, from 2017 to 2018, consumption failed to regain its momentum.
In 2023, Nike returned to the top of the list of leading outdoor athletic footwear brands on China's e-commerce platform Tmall in terms of sales value, with a market share of 13.3 percent. adidas, on the other hand, had lost ground since 2020, ranking behind domestic brands ANTA and Li-Ning in 2023. Notably, FILA, another brand of Anta Sports Products Limited, saw a steady increase in market share from 0.6 percent in 2017 to 8.2 percent in 2023.
The statistic illustrates the forecasted retail value of the domestic athleisure sports wear market in Japan from 2017 to 2030. In 2030, the Japanese athleisure sports wear market size was forecasted to reach approximately 233 billion Japanese yen, up from projected 230 billion yen in 2017. Athleisure is a trend in fashion, combining the words "athletic" and "leisure". The athleisure market indicates the market of sports brand apparel and shoes worn by consumers in everyday life without the intention of actually participating in athletic activities. It further includes apparel products with their concept being “sports” among the products of brands offering general casual wear.
https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy
As per newly released data by Future Market Insights (FMI), the Waterproof Sneakers market is estimated at USD 230.3 million in 2022 and is projected to reach USD 354.2 million by 2032, at a CAGR of 4.4% from 2022 to 2032.
Attribute | Details |
---|---|
Estimated Waterproof Sneakers Market Size 2022 | US$ 230.3 Million |
Projected Waterproof Sneakers Market (2032) Market Size | US$ 354.2 Million |
Value CAGR (2022 to 2032) | 4.4% |
Scope of Report
Attribute | Details |
---|---|
Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2021 |
Market Analysis | USD Million for Value |
Key Regions Covered | North America, Latin America, Europe, East Asia, South Asia, Oceania & Middle East and Africa(MEA) |
Key Countries Covered | USA, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, Russia, South Africa, Northern Africa GCC Countries, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia & New Zealand. |
Key Segments Covered | Closure Type, Sole Material, Outer Material, Consumer Orientation, Sales Channel, and Region. |
Key Companies Profiled |
|
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy
As per newly released data by Future Market Insights (FMI), the Men’s Sneakers Market is estimated at USD 31,927 million in 2022 and is projected to reach USD 52,135 million by 2032, at a CAGR of 5% from 2022 to 2032.
Attribute | Details |
---|---|
Estimated Men’s Sneakers Market Size 2022 | US$ 31,927 Million |
Projected Men’s Sneakers Market (2032) Market Size | US$ 52,135 Million |
Value CAGR (2022 to 2032) | 5% |
Scope of Report
Attribute | Details |
---|---|
Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2021 |
Market Analysis | USD Million for Value |
Key Regions Covered | North America, Latin America, Europe, East Asia, South Asia, Oceania & Middle East and Africa(MEA) |
Key Countries Covered | USA, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, Russia, South Africa, Northern Africa GCC Countries, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia & New Zealand. |
Key Segments Covered | Product Type, Application, Closure Type, Sales Channel, and Region. |
Key Companies Profiled |
|
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
https://theindustrystats.com/privacy-policy/https://theindustrystats.com/privacy-policy/
Product Market size is rising upward in the past few years And it is estimated that the market will grow significantly in the forecasted period
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2017-2030 |
BASE YEAR | 2024 |
FORECAST PERIOD | 2025-2030 |
HISTORICAL PERIOD | 2017-2024 |
UNIT | VALUE (USD MILLION) |
KEY COMPANIES PROFILED | La Sportiva, Columbia Sportswear, VF Corporation, LOWA, Amer Sports (Salomon), TOREAD, SCARPA, Zamberlan, Northland, SCOTT Sports (Garmont), Red Wing Shoe Company, KAILAS, Adidas, Nike, Black Diamond, Decathlon, EVOLV |
SEGMENTS COVERED | By Product Type - Neutral Climbing Shoes, Moderate Climbing Shoes, Aggressive Climbing Shoes By Application - Men, Women, Kids By Sales Channels - Direct Channel, Distribution Channel By Geography - North America, Europe, Asia-Pacific, South America, Middle East and Africa |
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The UK athletic footwear market fell modestly to $532M in 2024, waning by -4.2% against the previous year. In general, consumption recorded a strong expansion. Over the period under review, the market hit record highs at $727M in 2017; however, from 2018 to 2024, consumption failed to regain momentum.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
After two years of growth, the Jordanian athletic footwear market decreased by -24.1% to $1.1M in 2024. In general, consumption recorded a drastic downturn. As a result, consumption attained the peak level of $2.7M. From 2017 to 2024, the growth of the market failed to regain momentum.
https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy
As per newly released data by Future Market Insights (FMI), the Chunky Sneaker Market is estimated at US$ 44,254.3 Million in 2022 and is projected to reach US$ 68,725.6 Million by 2032, at a CAGR of 4.50% from 2022 to 2032.
Attribute | Details |
---|---|
Chunky Sneaker Market Estimated Size (2022) | US$ 44,254.3 Million |
Chunky Sneaker Market Projected Size (2032) | US$ 68,725.6 Million |
Chunky Sneaker Market Value-based CAGR (2022 to 2032) | 4.50% |
Scope of Report
Attribute | Details |
---|---|
Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2021 |
Market Analysis | US$ Million for Value |
Key Regions Covered | North America, Latin America, Europe, East Asia, South Asia, Oceania & Middle East and Africa(MEA) |
Key Countries Covered | USA, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, Russia, South Africa, Northern Africa GCC Countries, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, and New Zealand. |
Key Segments Covered | Type, Waterproofing, Consumer Orientation, Price Range, and Region |
Key Companies Profiled |
|
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
Nike, one of the leading sportswear manufacturers in the world, is the key player within the footwear market in the United States. As of 2017, the Nike brand held a 21.1 percent share of the U.S. footwear market. In comparison, adidas, one of Nike’s largest competitors, held less than five percent of this market. In the Asia Pacific market this gap was much less pronounced, with Nike holding 6.2 percent of the market compared to adidas’ 5.1 percent share.
Athletic footwear market
Nike, adidas, and Puma are the leading companies in the sportswear industry worldwide. Nike generates more revenue from footwear than adidas and Puma combined, showing the company’s dominance in this sector. In the United States alone, the athletic footwear market generates billions of U.S. dollars each year. On average, a pair of athletic footwear retailed at around 58 U.S. dollars in the United States in 2017. Nike is the brand of choice for American consumers when it comes to selecting sports shoes.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Thailand CUR: LP: Footware: Athletic Footwear (AF) data was reported at 67.819 % in Jan 2019. This records an increase from the previous number of 66.345 % for Dec 2018. Thailand CUR: LP: Footware: Athletic Footwear (AF) data is updated monthly, averaging 63.281 % from Jan 2016 (Median) to Jan 2019, with 37 observations. The data reached an all-time high of 78.713 % in Dec 2016 and a record low of 48.983 % in Jul 2017. Thailand CUR: LP: Footware: Athletic Footwear (AF) data remains active status in CEIC and is reported by Office of Industrial Economics. The data is categorized under Global Database’s Thailand – Table TH.B010: Capacity Utilization Rate: 2016=100 (ISIC Rev. 4).
https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy
As per newly released data by Future Market Insights (FMI), the White Sneaker Market is estimated at US$ 15,047.7 Million in 2022 and is projected to reach US$ 21,432.3 Million by 2032, at a CAGR of 3.6% from 2022 to 2032.
Attribute | Details |
---|---|
White Sneaker Market Estimated Size (2022) | US$ 15,047.7 Million |
White Sneaker Market Projected Size (2032) | US$ 21,432.3 Million |
White Sneaker Market Value-based CAGR (2022 to 2032) | 3.6% |
Scope of Report
Attribute | Details |
---|---|
Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2021 |
Market Analysis | US$ Million for Value |
Key Regions Covered | North America, Latin America, Europe, East Asia, South Asia, Oceania & Middle East and Africa(MEA) |
Key Countries Covered | USA, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, Russia, South Africa, Northern Africa GCC Countries, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, and New Zealand. |
Key Segments Covered | Type, Consumer Orientation, Sales Channel, and Region |
Key Companies Profiled |
|
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
Nike, one of the leading sportswear manufacturers in the world, is the key player within the athletic footwear market in the United States. As of 2017, the Nike brand held a 35.6 percent share of the athletic shoe and footwear market, with Jordan, also owned by Nike, in second place with a 15.7 percent share. When taken altogether, Nike’s brands accounted for over half of the total U.S. market.
Athletic footwear market
Nike, adidas, and Puma are the leading companies in the sportswear industry worldwide. Nike generates more revenue from footwear than adidas and Puma combined, showing the company’s dominance in this sector. In the United States alone, the athletic footwear market generates billions of U.S. dollars each year. On average a pair of athletic footwear retailed at around 58 U.S. dollars in the United States as of 2017. Nike is the brand of choice for American consumers when it comes to selecting sports shoes.