Global Court Shoes Market 2017-2021

Overview of the global court shoes market

Market research analysts at Technavio predict that the global court shoes market will grow steadily during the next four years and post a CAGR of over 2% by 2021. This market research analysis identifies the increasing number of tournaments as one of the primary growth factors for this market. The number of court sports tournaments and matches being organized and played around the world is rising, leading to an increase in the rates of participation in these tournaments. This increase in the number of participants will directly impact the demand for court sports equipment such as court shoes, in turn, contributing to the growth of this market. The Premier Badminton League that is organized and commercially owned by the Badminton Association of India and the China Open, the annual badminton tournament held in China are some of the major tournaments that improve the adoption of court sports.

One of the latest trends that will gain traction in the court shoes market in the coming years is the increased focus on shoe designing. Due to the growing demand for better and more sustainable sports footwear, the vendors are exploring various designing and production techniques and are focusing more on consumer requirements such as comfort, style, and enhancement of performance. Additionally, the vendors are coming up with sustainable compounds like the BioMoGo compound that allows anaerobic microbes to break down the midsole once the shoe is discarded as typically, sports footwear midsoles have been made of EVA (ethylene vinyl acetate), which is the least biodegradable component of a shoe that could be present in landfills for over 1,000 years. 

Competitive landscape and key vendors