Latin America Athletic Footwear Market, Trends, Share, Report 2023-2028

El nuevo estudio de Informes de Expertos titulado ‘Mercado Latinoamericano de Calzado deportivo, Informe y Pronóstico 2023-2028′, ofrece un análisis profundo del mercado, evaluándolo por tipo de producto, usuario, canal de distribución y las regiones clave. El informe analiza los factores clave de éxito y las limitaciones, también rastrea las últimas tendencias en la industria y estudia su impacto en el mercado en general. Además, evalúa la dinámica del mercado, cubriendo los indicadores clave de demanda y precio, junto con el análisis del mercado basado en los modelos FODA y las Cinco Fuerzas de Porter.

The new report by Informes de Expertos titled, ‘Latin America Athletic Footwear Market 2023-2028’, gives an in-depth analysis of the market, assessing it based on product type, user, channel distribution, and key regions. The report analyses key success factors and constraints, tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2018-2028)

  • Forecast CAGR (2023-2028): 4.5%

The Latin America athletic footwear market size increased as a result of rising consumer disposable incomes, growing adoption of attractive marketing and promotional techniques, expansion of sales through online channels, and the introduction of novel and comfortable footwear. Furthermore, the importance of wearing proper shoes for sports activities to prevent joint injuries, leg injuries, knee pain, hip discomfort, and other is becoming more and more evident to consumers, thus significantly surging the product demand. Moreover, lot of people have started to indulge in sports like football, basketball, cricket, hockey, and other sports nowadays, which is creating a spur in market expansion. The athletic shoes market is anticipated to grow positively over the forecast period as a result of technological advancements that have made shoes more comfortable and versatile.

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Industry Definition and Major Segments

Based on the type of product, the market is bifurcated into:

  • Sports shoes
  • Running and Walking Shoes
  • Hiking and Trekking Shoes
  • Aerobics and Gym Shoes

By user, the market is segmented into:

  • Men
  • Women
  • Kids

Based on the distribution channel, the report classifies the market into:

  • Online
  • Offline

Key regions covered include:

  • Brazil
  • Argentina
  • Mexico
  • Chile
  • Others

Market Trends

The major market trends being experienced by the athletic footwear industry is the demands of eco-friendly shoes made with environment friendly material. This has further led the manufacturers to innovate constantly to launch sustainable shoes that will cater to the growing demand of eco-friendly shoes. Moreover, there is tremendous surge in the participation of adults, teenagers and kids in various kinds of sports or athletic activities which, in turn, has significantly increased the demand for sports shoes.

Also, the government is encouraging majority of population in actively taking care of their physical wellbeing. Consequently, sports shoes companies are getting huge investments from government to promote recreational or physical activities. In addition, the increasing sponsorship and promotional activities by key players are attracting huge consumer base through social media platforms.

Key Market Players

The major players in the market are:

  • Adidas AG
  • ASICS Corporation
  • Vans
  • Nike, Inc.
  • Puma SE
  • Reebok International
  • Others

This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.

About Us:

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: Informes De Expertos
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