Professional Documents
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Domain:
Domain:
Consumer
ICT Goods BaseYear:
Base Year:2019
2018 Forecast
ForecastPeriod:
Period: 2020-2025
2019-24
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6. COMPETITIVE LANDSCAPE
6.1 Strategies Adopted by Key Players
6.2 Most Active Companies
6.3 Market Share Analysis
▪ Market size estimations for the forecast years were in real terms. Inflation is ▪ Based on distribution channel, the market studied is segmented into
not part of the pricing and the average selling price (ASP) was kept constant specialty stores, supermarkets/hypermarkets, online retail stores, and other
throughout the forecast period. distribution channels.
▪ As a result of data triangulation through multiple methodologies and ▪ Based on end user, the market studied is segmented into men, women, and
approaches, the weighted averages of resulting estimates were the final kids.
values.
▪ Based on geography, the market studied is segmented North America,
Europe, Asia-Pacific, South America, and Middle East & Africa.
BY DISTRIBUTION
BY PRODUCT TYPE CHANNEL BY END-USER VERTICAL GEOGRAPHY
Athletic Footwear Specialty Stores Men North America
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gather meaningful insights on the current situation of the market, technology on the market studied. In addition to these knowledgeable industry veterans or retired
developments, and any other market related information. The sources include, but are experts, consultants and freelancers are a call away to collaborate with Mordor on any
not limited to: assignment that requires real-time industry insights.
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transcripts of key personnel interviews, and other strategic publications by several • Critical market dynamics (drivers, restraints, future, and regulations) and their impact
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REPORT
forecasts, insights are drawn to visualize the entire ecosystem in a single
WRITING report.
04 The growth in the Asia-Pacific region has been fueled by the exponential
growth in sport participation and increasing consumer inclination toward
trendy fashion footwears.
SAMPLE FIGURE 05 The leading market players are continuously focusing on the new
All numbers and complete analysis product launches, in order to gain more prominence in the market and
available in the full-length report
strengthen the consumer base by meeting the emerging demand for
comfortable and trending footwear designs.
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 07 Although the rising demand for exclusive designer collections will offer
immense growth opportunities, the availability of counterfeit products is
likely to challenge the growth of the market participants.
SOURCE: Mordor Intelligence
■ Importance of sports activities, foremost for health reasons, the increasing influence of 19.3
19.1
celebrity endorsement, and international sports events are encouraging involvement of 18.6 18.6
18.5
consumers in sports activities.
■ Increasing number of sport and fitness activities, such as aerobics, swimming, running, and
yoga, as well as the increase in number of women participating in fitness and sport activities,
are making elegant and comfortable sports footwear suitable for daily sports activities, popular. 2010 2011 2012 2013 2014 2015 2016
This is supporting the growth in Footwear sales among women consumers.
Source: Bureau of Labor Statistics
■ Athleisure has become more pervasive, as it has influenced the footwear choice among
millennial parents. Due to this factor, they are dressing their kids in athletic apparel and ■ In developed European economies, household expenditure on
footwear. This is driving the sales of footwear in the kids' segment. sporting goods and services is witnessing notable growth, owing
to the increase in government investments driving sport
■ Increase in government initiatives in various countries, meant to improve sport participation, is
participation in the Europe region.
playing a key role in driving the demand for Footwear in the last few years. For instance, the
government of Australia is planning to invest USD 230 million in sport and physical activity ■ For instance, the Government of Ireland announced details of its
initiatives over the next five years. USD 258 million ten-year national sports policy, which aims to
increase participation in sports to 50% of the population by 2027.
■ Moreover, the government may encourage more Australians to get more active more often, by
This is likely to support the footwear market growth in the region.
promoting participation in physical activities and strengthening links between the community
and sport organizations.
5.4 By Geography
5.1.2.1 Boots
5.1.2.2 Flip-Flops/Slippers
5.1.2.3 Sneakers
5.1.2.4 Other Non-athletic Footwear
CAGR%
By Product Type 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
(2020-2025)
Non-athletic
XX XX XX XX XX XX XX XX XX XX XX
Footwear
Total XX XX XX XX XX XX XX XX XX XX XX
CAGR%
Athletic Footwear 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
(2020-2025)
SAMPLE FIGURE
All numbers and complete
Running Shoes XX XX XX XX XX XX XX XX XX XX XX analysis available in the full-
length report
Sports Shoes XX XX XX XX XX XX XX XX XX XX XX
Trekking/Hiking
XX XX XX XX XX XX XX XX XX XX XX
Shoes
Sneakers XX XX XX XX XX XX XX XX XX XX XX
Other Non-
athletic XX XX XX XX XX XX XX XX XX XX XX
Boots
Footwear
Flip-Flops/Slippers
Total XX XX XX XX XX XX XX XX XX XX XX
Sneakers
5.1.2.2 FLIP-FLOPS/SLIPPERS
■ The flip-flops/slippers shoe segment of the market studied was valued at USD XX million in
2019, and it is projected to reach USD XX million by 2025, at a CAGR of XX% during the FOOTWEAR MARKET
forecast period, 2020-2025. Revenue in USD million, by Product Type, Flip-flops/Slippers,
2016-2025
■ The key factors driving growth of the global flip flops market are low prices, trendy designs,
and excellent durability of these footwears. The extremely lightweight and convenience to carry
the flip-flops, is further expected to boost the demand in the global market. Moreover,
increasing consumer household expenditure along with change in lifestyle and constant
product innovations are projected to fuel the growth of the segment studied.
■ The attractive designs of flip-flops offer consumers a wide array to choose best option as per
their choice and preference. Earlier flip flops have been related with beaches, hot weather and
surfing. However, there has been a transition in fashion trends in recent years, which has led to
the use of several flip-flops widely for regular use.
SAMPLE FIGURE
The numbers on this chart have
■ However, rising concerns about environmental pollution and non-disposable and harmful been removed from this sample.
materials used for product manufacturing may hinder the market growth. Due to increasing All numbers are available in the
concern about environmental pollution, manufacturers are focusing on investing more in full-length report
developing sustainable products made of papyrus, eco-friendly materials, palm leaves, and
wood.
■ For instance: in the year 2018, a startup company named Allbirds launched flip-flops
made from sugar cane.
DETAILED ANALYSIS AVAILABLE IN THE REPORT 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Source: Mordor Intelligence
5.4.2 Europe
5.4.3 Asia-Pacific
5.4 BY GEOGRAPHY
FOOTWEAR MARKET
Revenue in USD million, by Geography, Global, 2016-2025 FOOTWEAR MARKET
Revenue Share (%), by Geography, Global, 2019
CAGR%
Geography 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
(2020-2025)
North America XX XX XX XX XX XX XX XX XX XX XX
Asia-Pacific XX XX XX XX XX XX XX XX XX XX XX
South America XX XX XX XX XX XX XX XX XX XX XX
5.4.2.2 Germany
5.4.2.3 Spain
5.4.2.4 France
5.4.2.5 Italy
5.4.2.6 Russia
5.4.2 EUROPE
FOOTWEAR MARKET
Revenue in USD million, by Country, Europe, 2016-2025 FOOTWEAR MARKET
Revenue Share (%), by Country, Europe, 2019
CAGR%
Country 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
(2020-2025)
United
XX XX XX XX XX XX XX XX XX XX XX
Kingdom
Germany XX XX XX XX XX XX XX XX XX XX XX
SAMPLE FIGURE
Spain XX XX XX XX XX XX XX XX XX XX XX All numbers and complete analysis
available in the full-length report
France XX XX XX XX XX XX XX XX XX XX XX
Italy XX XX XX XX XX XX XX XX XX XX XX
Russia XX XX XX XX XX XX XX XX XX XX XX
United Kingdom Germany
Rest of Spain France
XX XX XX XX XX XX XX XX XX XX XX
Europe
Italy Russia
Total XX XX XX XX XX XX XX XX XX XX XX Rest of Europe
Source: Mordor Intelligence Source: Mordor Intelligence
■ The UK footwear market was valued at USD XX million in 2019, and it is expected to reach
FOOTWEAR MARKET
USD XX million by 2025, registering a CAGR of XX% during the forecast period (2020-2025).
Revenue in USD million, United Kingdom, 2016-2025
■ Growth in the UK footwear market continues to outpace fashion. These fashion trends are
increasingly moving toward relaxed, casual aesthetics, particularly driven by the performance
and sportswear boom, and the emergence of smart shoes is expected to be one of the
critical footwear market trends responsible for the growth of the market. The rising health
consciousness, increasing participation in sports, growing concerns about fitness, and
increasing engagement in fitness activities are contributing to the rising demand for smart
shoes.
■ The COVID-19 pandemic has impacted the sales of offline retail channels, like specialty stores
and supermarket/hypermarket, due to disturbed supply chain process along with lockdown
situation across the country, however, it gave a good platform for online retail to grow at a
significant rate owing to easy and safe accessibility along with convenience.
SAMPLE FIGURE
■ Despite uncertainty factor Brexit, athletic footwear continues to grow due to strong demand The numbers on this chart have
from sports-inspired athletic. Football, athletics, and outdoor pursuits are the main sports been removed from this sample.
that have spawned athletic footwear trends, thus, becoming the major market categories in All numbers are available in the
athletic footwear segment. full-length report
■ Nike and Adidas are the prominent players in the United Kingdom as these players are
benefited from high-profile sponsorship agreements, such as the sponsorship of national
football teams.
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
DETAILED ANALYSIS AVAILABLE IN THE REPORT
Source: Mordor Intelligence
■ The market studied is highly fragmented with the presence of regional and global players. FOOTWEAR MARKET
The key players operating in the market include Adidas Group, Nike, ASICS Corporation, and Market Share Analysis (%), by Major Players, Global, 2019
BATA Limited, among others.
■ Companies are introducing new products, having alternate designs, in different sizes to cater
to the consumers of different age group.
■ The key players are using promotional activities to entice more consumers together with
making consumers aware about the new offering launches in the market. Thus, the growing
promotional activities, such as launch of new product logo, packaging, and advertisement,
are resulting in the strong market growth for the market studied across targeted regions. SAMPLE FIGURE
The numbers on this chart have
been removed from this sample.
All numbers are available in the
DETAILED ANALYSIS AVAILABLE IN THE REPORT full-length report
21,915
EUR 152 Mn
2,660 Mn Units Investment in R & D
Operating Profit
(2019)
(2019) 2018 2019
ADIDAS AG ADIDAS AG
Footwear Production (%), by Region, 2019 Net Sales (%), by Product Category (%), 2019
4%
1% 2%
Asia Europe Footwear Apparel
38%
57%
Americas Hardware
98%
■ In terms of business, top-line growth and another significant profitability improvement in 2019 put the company in a position to complete its strategic cycle 'Creating
the New' successfully. Although held back by supply chain shortages, the company increased sales to Eur 23.6 billion, reflecting currency-neutral growth of 6% and
nominal growth of 8%.
■ The gross margin of the company climbed 20 basis points to 52%. The operating margin improved 40 basis points to a level of 11.3%, the highest operating margin
in the company's history. Adidas' net income from continuing operations again grew significantly faster than its top line, up 12% to a record Euro 1.9 billion.
■ In terms of integrating sustainability in the company's business model, Adidas produced a record of more than eleven million pairs of shoes containing plastic waste
collected from beaches and coastal regions in 2019, more than double the amount produced the year before.
■ In 2019, sales in Europe increased 3% on a currency-neutral basis as well as in euro terms to Eur 6.071 billion from Eur 5.885 billion in 2018. Revenues in North
America grew 8% on a currency-neutral basis and 13% in euro terms to Eur 5.313 billion from Eur 4.689 billion in 2018. Sales in Asia-Pacific grew 10% on a currency-
neutral basis. In euro terms, sales in Asia-Pacific were up 12% to Eur 8.032 billion from Eur 7.141 billion in 2018.
Adidas releases new collection of shoes, the new SL20 with Lightstrike technology.
From the new lightweight SL20 design, with a cutting-edge Lightstrike midsole for
explosive movements and enduring speed, to UB20 which provides maximum
energy return in every step, and even a new 4D 1.0 shoe with a uniquely designed
and ultra-supportive 3D-printed midsole, Adidas has the perfect pair of running
shoes for every type of runner.
MAR 2020
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