Sneakers - Brunei Darussalam
Brunei Darussalam- In 2024, the Sneakers market in Brunei Darussalam is expected to generate a revenue of US$1.2m.
- It is projected to grow annually by 4.19%, based on the CAGR from 2024-2029.
- When compared globally, United States is the top revenue-generating country in this segment, with an expected revenue of US$25bn in 2024.
- In terms of per capita revenue, it is estimated that in Brunei Darussalam will generate US$2.68 in 2024.
- By 2029, the volume of the Sneakers market in Brunei Darussalam is expected to reach 22.7k pairs.
- Furthermore, it is anticipated that there will be a volume growth of 2.5% in 2025.0.
- The average volume per person in the Sneakers market is expected to amount to 0.04pairs in 2024.
- Sneaker culture in Brunei Darussalam is growing rapidly, with a particular interest in limited edition releases and collaborations.
- Key regions:
- Australia,
- China,
- India,
- Vietnam,
- Philippines
Definition:
The market for Sneakers refers to so-called “athleisure” footwear, i.e., everyday footwear with an athletic appearance where fashion aspects outweigh functional ones. The segments Sneakers and Athletic Footwear have seen an upsurge during the past years and have gained in importance in comparison to classic town footwear. Athletic Footwear that is specifically designed for sports purposes (e.g., soccer, tennis, basketball, etc.) is excluded and can be found in the corresponding Athletic Footwear segment.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (per pair), and sales channels data. The online distribution channel refers to the purchase of physical goods from a digital marketplace. In other words, the purchase is conducted via the internet, be it on a desktop PC, tablet, or smartphone. The offline distribution channel covers all purchases in stationary stores, by telesales, or via mail order (e.g., print catalogs).
Key players in the market include companies such as Nike, Adidas, Puma, and Asics.
In-Scope
- "Athleisure" footwear (everyday shoes with athletic design)
Out-Of-Scope
- Functional athletic footwear (e.g. for tennis, basketball, soccer, running etc.)
- Work and safety shoes
