Athletic Footwear Market

Athletic Footwear Market Size by Type (Running Shoes, Trekking & Hiking Shoes, Aerobic Shoes, Sports Shoes, Walking Shoes), End-user (Women, Men, Children), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2023 to 2032

Base Year: 2022 Historical Data: 2019-21
  • Report ID: TBI-13789
  • Published Date: Nov, 2023
  • Pages: 239
  • Category: Consumer Goods
  • Format: PDF
Buy @ $4700.00 Request Sample PDF

The global athletic footwear market was valued at USD 129.52 Billion in 2022, which is anticipated to grow at a CAGR of 5.83% from 2023 to 2032. Growing passion and understanding about the health advantages of sports and fitness activities, a growing retail e-commerce industry around the world, and rising levels of consumer disposable income are expected to be the key trends driving market expansion. Young people are becoming more interested in leading a healthy lifestyle, and as a result, they are becoming more involved in sports and other related activities. Simultaneously, individuals have begun to recognise that sports and exercise activities can assist assure good health and lower the risk of chronic disorders such as depression, cardiovascular disease, and diabetes.

Market Introduction:

Athletic footwear is intended for use in sports, exercise, and recreational activities such as racquetball, running, and aerobic dancing. Athletic shoes include shoes for running, basketball and tennis, among other sports, but exclude shoes for football (soccer) and rugby. The shoes themselves are composed of flexible material and often have a rubber sole. While the original design was simple, manufacturers have subsequently customised athletic shoes for the various sports that they can be used for. Athletic shoes, particularly for the casual market, have grown in favour among young people. Athletic footwear, like clothes and equipment, is designed for optimum performance and is considered a crucial part of an athlete's kit. Athletic shoes provide cushioning, flexibility, stability, traction, and durability tailored to various sports. The force of impact is reduced by cushioning. The athletic footwear market is predicted to develop due to increased awareness about the health advantages of sports and fitness activities, which assist to minimise the risks of various illnesses such as obesity, depression, diabetes, and others. Changing consumer lifestyles, rising disposable income, and a developing retail e-commerce industry globally are also projected to drive market expansion over the projection period. Furthermore, technical improvements, the introduction of new and inventive shoes, and increased knowledge about the need of wearing the proper type of shoes to avoid muscle and leg injuries are driving the rise of sports shoes. Also, rising fashion trends of wearing branded athletic footwear, particularly among young people, drive market growth. However, rising raw material prices and the increasing incidence of counterfeit and brand-copied athletic footwear items may limit market expansion. The increased awareness of the health advantages of sports activities has resulted in market expansion. Furthermore, increased youth participation in sports and fitness activities is one of the primary factors driving the growth of the athletic footwear market. Furthermore, increasing people's disposable income might accelerate market expansion.

Athletic Footwear Market Size

Get an overview of this study by requesting a free sample

Recent Development
  • ASICS, a Japanese multinational firm that manufactures sportswear, released the GEL- KAYANO, the most comfortable stability running shoe, in June 2023, including fresh new technology to provide runners with adaptable stability and unmatched comfort with every step.
  • In June 2021, Adidas released the "Solarthon" golf shoe, which is both lightweight and comfy. Solarthon will also be available in limited-edition grey, blue, and white hues, according to the brand. To support the company's "End Plastic Waste" campaign, the new sneaker incorporates Adidas' Primeblue textile upper, a recycled yarn comprising at least 50% Parley Ocean Plastic.
  • Nike introduced its newest product, the "ZoomX Invincible Run" running shoes, as an addition to its growing line of athletic footwear in May 2021. The new product's design was inspired by the brand's last release, the "Nike React Infinity Run" sneakers.

Market Dynamics:


A growing need for running shoes- The rising demand for running shoes is likely to propel market expansion. The increasing demand for running shoes for daily use, as well as the availability of these shoes at a wide variety of prices ranging from inexpensive athletic shoes to really elegant ones, will drive market expansion. Shoes for advanced running, road running, training, track running, trail running, and racing are all examples of running shoes. Increasing technical improvements that have provided hikers with greater freedom and comfort are projected to boost market expansion.


Growing environmental concerns- Growing environmental concerns are projected to hamper the athletic footwear market's expansion. The active actions adopted by environmental groups and the government to combat pollution are projected to be an important barrier to market expansion. Business is a major source of pollution in the environment and rivers.


Athleisure's influence and growing sports participation- Consumers are increasingly opting for designer athletic shoes that incorporate elements of sports design in accordance with the athleisure trend. Furthermore, the global demand for cycling and running footwear is being driven by a consumer shift towards more active lifestyles. The growing popularity of fitness and sports activities such as jogging, aerobics, swimming, and yoga will create numerous opportunities for market players in the global athletic footwear market. Furthermore, an increasing number of women are participating in sports and fitness activities, increasing demand for attractive and comfortable sports footwear.  As a result of this issue, consumers, particularly women, are purchasing more athletic footwear. Furthermore, athleisure has become increasingly popular, affecting the sports footwear selections of millennial parents. Athletic footwear is also popular among all age groups, including baby boomers, Generation Z, Generation X, and millennials, because they all participate in sports.

Regional segmentation analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Asia Pacific emerged as the most significant global athletic footwear market, with a 36.28% market revenue share in 2022. Rising disposable income and e-commerce penetration are expected to play a significant influence in fuelling demand for athletic footwear in Asia Pacific. Participation in numerous sporting events, such as the Asian Games, the ICC Cricket World Cup, and the ACC Asia Cup, is fueling the regional market's expansion.

Asia Pacific Region Athletic Footwear Market Share in 2022 - 36.28%

Check the geographical analysis of this market by requesting a free sample

Type Segment Analysis

The type segment is divided into running shoes, trekking & hiking shoes, aerobic shoes, sports shoes, and walking shoes. The running shoes segment dominated the market, with a market share of around 23.74% in 2022. It can be attributed to the widespread use of running shoes and the availability of these shoes at a variety of costs ranging from low-cost athletic shoes to high-end sports shoes. Running shoes are shoes that are needed for training, advanced running, road running, trail running, track running, and racing. The running shoe category was further examined based on prevalent sports in each location.

End-user Segment Analysis

The end-user segment is divided into women, men, and children. The women segment dominated the market, with a market share of around 35.58% in 2022. Women's footwear is increasingly coming up as the popularity of sports among women grows, particularly in previously untapped markets. When compared to developing and undeveloped countries, the proportion of women athletes representing their respective country in major sporting events is significant in most affluent countries.

Some of the Key Market Players:
  • ASICS Corporation
  • Under Armour, Inc.
  • New Balance Athletics, Inc.
  • Nike, Inc.
  • Reebok International Ltd.
  • Adidas AG
  • Lotto Sport Italia S.p.A
  • Puma SE
  • Fila Inc.
  • Vans, Inc.

Report Description: 

Attribute Description
Market Size Revenue (USD Billion)
Market size value in 2022 USD 129.52 Billion
Market size value in 2032 USD 228.25 Billion
CAGR (2023 to 2032) 5.83%
Historical data 2019-2021
Base Year 2022
Forecast 2023-2032
Region The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level.
Segments Type, End-user

Frequesntly Asked Questions

As per The Brainy Insights, the size of the athletic footwear market was valued at USD 129.52 Billion in 2022 & USD 228.25 Billion by 2032.

Global athletic footwear market is growing at a CAGR of 5.83% during the forecast period 2023-2032.

Asia Pacific region emerged as the largest market for the athletic footwear.

A growing need for running shoes is a significant driving factor for the growth of the athletic footwear market.

Growing environmental concerns is a significant restraining factor for the growth of the athletic footwear market.

Athleisure's influence and growing sports participation is a significant opportunity for the growth of the athletic footwear market.

Key players are ASICS Corporation, Under Armour, Inc., New Balance Athletics, Inc., Nike, Inc., Reebok International Ltd., Adidas AG, Lotto Sport Italia S.p.A, Puma SE, Fila Inc., and Vans, Inc., among others.

Request Table of Content


This study forecasts revenue at global, regional, and country levels from 2019 to 2032. The Brainy Insights has segmented the global athletic footwear market based on below mentioned segments:

Global Athletic Footwear by Type:

  • Running Shoes
  • Trekking & Hiking Shoes
  • Aerobic Shoes
  • Sports Shoes
  • Walking Shoes

Global Athletic Footwear by End-user:

  • Women
  • Men
  • Children

Global Athletic Footwear by Region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa


Research has its special purpose to undertake marketing efficiently. In this competitive scenario, businesses need information across all industry verticals; the information about customer wants, market demand, competition, industry trends, distribution channels etc. This information needs to be updated regularly because businesses operate in a dynamic environment. Our organization, The Brainy Insights incorporates scientific and systematic research procedures in order to get proper market insights and industry analysis for overall business success. The analysis consists of studying the market from a miniscule level wherein we implement statistical tools which helps us in examining the data with accuracy and precision. 

Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.

The Brainy Insights offers comprehensive research and analysis, based on a wide assortment of factual insights gained through interviews with CXOs and global experts and secondary data from reliable sources. Our analysts and industry specialist assume vital roles in building up statistical tools and analysis models, which are used to analyse the data and arrive at accurate insights with exceedingly informative research discoveries. The data provided by our organization have proven precious to a diverse range of companies, facilitating them to address issues such as determining which products/services are the most appealing, whether or not customers use the product in the manner anticipated, the purchasing intentions of the market and many others.

Our research methodology encompasses an idyllic combination of primary and secondary initiatives. Key phases involved in this process are listed below:


Data Procurement:

The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.

The data procurement stage involves in data gathering and collecting through various data sources.

This stage involves in extensive research. These data sources includes:

Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:

  • The organizational databases such as D&B Hoovers, and Bloomberg that helps us to identify the competitive scenario of the key market players/organizations along with the financial information.
  • Industry/Market databases such as Statista, and Factiva provides market/industry insights and deduce certain formulations. 
  • We also have contractual agreements with various reputed data providers and third party vendors who provide information which are not limited to:
    • Import & Export Data
    • Business Trade Information
    • Usage rates of a particular product/service on certain demographics mainly focusing on the unmet prerequisites

Primary Research: The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. Primary research mainly involves in telephonic interviews, E-mail interactions and face-to-face interviews with the raw material providers, manufacturers/producers, distributors, & independent consultants. The interviews that we conduct provides valuable data on market size and industry growth trends prevailing in the market. Our organization also conducts surveys with the various industry experts in order to gain overall insights of the industry/market. For instance, in healthcare industry we conduct surveys with the pharmacists, doctors, surgeons and nurses in order to gain insights and key information of a medical product/device/equipment which the customers are going to usage. Surveys are conducted in the form of questionnaire designed by our own analyst team. Surveys plays an important role in primary research because surveys helps us to identify the key target audiences of the market. Additionally, surveys helps to identify the key target audience engaged with the market. Our survey team conducts the survey by targeting the key audience, thus gaining insights from them. Based on the perspectives of the customers, this information is utilized to formulate market strategies. Moreover, market surveys helps us to understand the current competitive situation of the industry. To be precise, our survey process typically involve with the 360 analysis of the market. This analytical process begins by identifying the prospective customers for a product or service related to the market/industry to obtain data on how a product/service could fit into customers’ lives.

Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.

The supply side for a domain specific market is analysed by:

  • Estimating and projecting penetration rates through analysing product attributes, availability of internal and external substitutes, followed by pricing analysis of the product.
  • Experiential assessment of year-on-year sales of the product by conducting interviews.

The demand side for the market is estimated through:

  • Evaluating the penetration level and usage rates of the product.
  • Referring to the historical data to determine the growth rate and evaluate the industry trends

In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.

Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:

  • Applying demographic along with psychographic segmentation for market evaluation
  • Determining the Micro and Macro-economic indicators for each region 
  • Examining the industry indicators prevailing in the market. 

Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:

  • Data Screening: Data screening is the process of scrutinising data/information collected from primary research for errors and amending those collected data before data integration method. The screening involves in examining raw data, identifying errors and dealing with missing data. The purpose of the data screening is to ensure data is correctly entered or not. The Brainy Insights employs objective and systematic data screening grades involving repeated cycles of quality checks, screening and suspect analysis.
  • Data Integration: Integrating multiple data streams is necessary to produce research studies that provide in-depth picture to the clients. These data streams come from multiple research studies and our in house database. After screening of the data, our analysts conduct creative integration of data sets, optimizing connections between integrated surveys and syndicated data sources. There are mainly 2 research approaches that we follow in order to integrate our data; top down approach and bottom up approach.

Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.

This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.

Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.

The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:

  • CXOs and VPs of leading companies’ specific to sector
  • Purchasing managers, technical personnel, end-users
  • Key opinion leaders such as investment bankers, and industry consultants

Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.

Some Facts About The Brainy Insights


Free Customization


Fortune 500 Clients


Free Yearly Update On Purchase Of Multi/Corporate License


Companies Served Till Date