Basketball Shoes Market: North America Region is Projected to Dominate the Global Market in Terms of Revenue Share

Market Taxonomy

(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

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These shoes come in different sizes, prices, designs and shapes. North America region is dominating in the global market of basketball shoes and has high market attractiveness index. The report, compiled by Fact.MR, provides in-depth analysis of the global basketball shoes market for the forecast period 2017-2022, and offers key insights about future market direction.

Scope

The scope of Fact.MR’s report is to analyze the global basketball shoes market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis.

Basketball shoes manufacturers, stakeholders, and suppliers in the global sports industry can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and sports journals.

Summary

The report commences with a brief information of the global basketball shoes market. This executive summary sets the tone for the rest of the report, providing users the scope of the report.

The executive summary includes important facts and statistics on the global basketball shoes market.

Overview

The next section offers an overview of the basketball shoes market. This comprises an introduction to the market, along with a standard definition of the product – basketball shoes.

In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.

The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.

In order to offer readers with up-to-date information about the latest advancements in the global basketball shoes market, the report provides updates about market opportunities, which can benefit leading manufacturers of basketball shoes.

With continuous evolution of the sports industry, keeping a record of latest developments and trends is fundamental for basketball shoes manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.

Considering the wide scope of the global basketball shoes market and to offer in-depth insights, Fact.MR’s report provides segment-wise analysis and forecast.

The global basketball shoes market has been categorized on the basis of shoes type, closure type, buyer type, sales channel and region. This segmentation analysis is comprehensive, coupled with a detailed country-wise forecast provided on all parameters.

6 Forecast Highlights on Global Basketball Shoes Market

• High tops segment by shoes type is expected to grow at a higher growth rate as compared to other segments and is poised to continue showing its dominance throughout the period of forecast. The segment growth is mainly due to its foot friendliness and support while playing. The high tops segment is anticipated to grow at a CAGR of 2.8% throughout the period of forecast
• The medium tops and low tops segments are expected to grow at a similar pace during the period of 2017 to 2022. The medium tops segment, however, has a higher market share than the low tops segment, and reflects a market share of 32.4%. Both are expected to lose BPS by the end of 2022
• Laces segment is expected to dominate the global market by closure type. The segment is poised to grow at a higher growth rate comparatively, and reflects a market share of 57.1%. the straps segment follows laces segment and is second from top with respect to growth rate and market share
• North America region dominates the global market by region and has a higher market attractiveness index. It is considered to be the most lucrative region growing at a higher growth rate and registering a CAGR of 2.7% as compared to other regions. Basketball as a recreational game and as career is rising in this region, with bath professionals and amateurs opting for the game and also the basketball accessories, thereby raising the consumption bar of basketball shoes in this region
• The individual segment by buyer type is fastest growing segment compared to institutional and promotional segments by buyer type. The individual segment shoes higher market share by dominating the market and is expected to grow at a CAGR of 2.9% throughout the period of forecast. It is also expected to gain a high BPS by the end of 2022
• Third party online channel segment dominates the global basketball shoes market by sales channel. It also shows a comparatively higher growth rate and anticipated to reflect a CAGR of 3.4% throughout the period of forecast of 2017 to 2022. Following this segment, the direct consumer brand outlet segment also shows potential and grows at a reasonably well growth rate during the forecast period

The report has also profiled leading players in the global market for basketball shoes, which would remain active through 2022. These include companies like Xtep International Holdings Limited, Amer Sports Corporation, Reebok International Ltd., Under Armour, Inc., Li Ning Co., Ltd ANTA Sports Products Ltd, PUMA SE, Peak Sports USA, NIKE, Inc., and Adidas AG.