Sneakers - Gambia
Gambia- In Gambia, the revenue generated in the Sneakers market is expected to reach US$4.5m in 2024.
- According to the forecast, the market is projected to grow annually by 5.44% (CAGR 2024-2029).
- When compared globally, United States generates the highest revenue of US$25bn in 2024.
- In terms of per person revenues, in Gambia is expected to generate US$1.59 in 2024.
- Looking ahead, the volume of the Sneakers market in Gambia is expected to reach 85.6k pairs by 2029, with a growth rate of 0.6% expected in 2025.0.
- Moreover, the average volume per person for the Sneakers market in Gambia is projected to be 0.03pairs in 2024.
- Despite limited access to high-end brands, the sneaker culture in Gambia thrives on locally-made, unique designs.
- 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
