Enjoy complimentary customisation on priority with our Enterprise License!
The sneakers market size is poised to grow by USD 34.75 billion at a CAGR of 7.44% between 2023 and 2028. Premiumization is a crucial market driver, propelled by consumer interest in innovative sneaker designs that emphasize quality and exclusivity. These designs appeal to those seeking distinctive footwear options that align with their lifestyle choices. Effective marketing strategies, including high-profile celebrity endorsements and partnerships with licensed sports merchandise, play an integral role in boosting brand visibility and cultivating consumer loyalty. Furthermore, the expansion of distribution networks enhances accessibility, allowing brands to reach a diverse and global audience with a wide range of footwear. This strategic approach not only broadens market reach but also accelerates growth by ensuring that premium products are available to consumers worldwide who value both style and quality.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.