Tennis Shoes Market 2023, Size, Demand, Share Growth And Forecast 2028
IMARC Group’s report titled “Tennis Shoes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. The global tennis shoes market size reached US$ 2.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.8 Billion by 2028, exhibiting a growth rate (CAGR) of 2.9% during 2023-2028.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/tennis-shoes-market/requestsample
Factors Affecting the Growth of the Tennis Shoes Industry:
- Sports Participation:
The popularity of tennis as a sport is rising, with more people taking up the game for recreational or competitive purposes. This increasing participation directly translates into a higher demand for tennis shoes, as players require proper footwear for the sport. Beyond tennis, there is a general trend towards more active and healthy lifestyles. People are engaging in various physical activities, such as running, walking, and fitness training, where tennis shoes often serve as versatile and comfortable footwear. Tennis shoes are designed with specific features that cater to the demands of the sport, including lateral support, cushioning, and grip.
- Fashion Trends:
Tennis shoes are evolving from being purely functional to fashionable footwear. Consumers are seeking tennis shoe designs that not only perform well on the court but also look stylish off the court. Trendy colors, patterns, and designs attract fashion-conscious buyers. The athleisure trend, where sporty and athletic clothing is worn as everyday fashion, is contributing significantly to the popularity of tennis shoes. People want versatile footwear that complements their casual outfits while providing comfort and style. Celebrities and athletes often endorse specific tennis shoe brands, making them highly desirable.
- Technological Advancements:
Advanced cushioning technologies provide superior shock absorption and cushioning. These features are highly sought after by athletes and active individuals, as they reduce the risk of injuries and enhance comfort during play. Innovative materials like synthetic leather, mesh, and lightweight fabrics contribute to the durability and breathability of tennis shoes. These materials help in keeping feet cool, dry, and comfortable during rigorous matches. Features like herringbone patterns, rubber compounds, and multidirectional tread enhance traction and grip on various court surfaces, improving overall performance.
Leading Companies Operating in the Global Tennis Shoes Industry:
- Adidas AG
- ANTA Sports Products Limited
- ASICS Corporation
- Babolat
- Diadora S.p.A. (Geox S.p.a)
- FILA Holdings Corp.
- Lotto Sport Italia S.p.A.
- Mizuno Corporation
- New Balance Inc.
- Nike Inc.
- Reebok International Limited (Authentic Brands Group LLC)
- Xtep International Holdings Limited
- Yonex Co. Ltd
Tennis Shoes Market Report Segmentation:
By Playing Surface:
- Hard Court Tennis Shoes
- Clay Court Tennis Shoes
- Grass Court Tennis Shoes
Hard court tennis shoes represented the largest segment due to the popularity of hard court surfaces in tennis, which require specific shoe features for durability and traction.
By Application:
- Men
- Women
- Kids
Men accounted for the largest market share as tennis is a more male-dominated game, resulting in a larger consumer base of male tennis players seeking tennis shoes.
By Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Stores
- Others
Supermarkets and hypermarkets exhibit a clear dominance in the market. This can be accredited to the presence of a wide variety of tennis shoe brands and models in these stores, providing consumers with convenient access to choose from multiple options.
Regional Insights:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
North America enjoys the leading position in the tennis shoes market on account of its strong tennis culture, significant sports participation, and consumer preference for high-quality tennis footwear.
Global Tennis Shoes Market Trends:
There is a growing emphasis on sustainability, with manufacturers using recycled and eco-friendly materials in tennis shoe production to meet consumer demand for environment responsible products.
Brands are offering customization options, allowing people to personalize their tennis shoes, ranging from color choices to fit preferences, creating a unique consumer experience
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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