Sneakers - LATAM
LATAM- Revenue in the Sneakers market amounts to US$6.2bn in 2024. The market is expected to grow annually by 4.26% (CAGR 2024-2029).
- In global comparison, most revenue is generated United States (US$25bn in 2024).
- In relation to total population figures, per person revenues of US$9.71 are generated in 2024.
- In the Sneakers market, volume is expected to amount to 100.7m pairs by 2029. The Sneakers market is expected to show a volume growth of 0.9% in 2025.0.
- The average volume per person in the Sneakers market is expected to amount to 0.15pairs in 2024.
- 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
