Global: leading sneaker markets by revenue 2023

The revenue ranking in the 'Sneakers' segment of the footwear market is led by the United States with 22.3 billion U.S. dollars, while China is following with 15.8 billion U.S. dollars. In contrast, Egypt is at the bottom of the ranking with 404.41 million U.S. dollars, showing a difference of 21.9 billion U.S. dollars to the United States.

Find more statistics on other topics: a comparison of the revenue in North America and a comparison of the revenue in Asia.

The Statista Market Insights cover a broad range of additional markets.

Leading markets for sneakers worldwide based on revenue 2023 (in million U.S. dollars)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

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.

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