Sneakers - Guinea
Guinea- Guinea is set to witness revenue amounting to US$14.4m in 2024 in the Sneakers market, which is projected to grow annually by 7.42% (CAGR 2024-2029).
- When compared globally, United States generates the highest revenue of US$25bn in 2024.
- In terms of per capita revenue, US$0.99 is expected to be generated in Guinea in 2024.
- The volume of the Sneakers market in Guinea is predicted to reach 220.4k pairs by 2029, with a growth rate of -1.4% expected in 2025.0.
- Moreover, the average volume per person in Guinea's Sneakers market is anticipated to be 0.01pairs in 2024.
- While sneakers may be a popular fashion choice in Guinea, the lack of established sneaker retailers and high import costs limit the availability and affordability of the latest trends.
- 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
