Sneakers - Central & Western Europe
Central & Western Europe- Central & Western Europe is projected to generate a revenue of US$11.4bn in the Sneakers market by 2024.
- The market in this region is expected to grow at an annual rate of 4.98% (CAGR 2024-2029).
- Compared to other countries, United States is anticipated to generate the highest revenue of US$25bn in 2024.
- In terms of per capita revenue, US$33.89 is expected to be generated in the Sneakers market by 2024.
- By 2029, the volume of the Sneakers market in this region is expected to reach 160.1m pairs.
- Additionally, the expected volume growth rate for the segment in 2025.0 is 2.8%.
- As for the average volume generated per person, it is predicted to amount to 0.41pairs in 2024.
- In Germany, sustainable and eco-friendly sneakers are gaining popularity among consumers in the sneaker market segment.
- 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
