Report predicts slower growth for athletic shoes - sportstextiles: Lea SportsTextiles

News

Report predicts slower growth for athletic shoes

05/09/2013
A new report from the Pune-based Asia Pacific division of research company Transparency Market Research predicts that the global footwear market will be worth more than $200 billion a year in 2018, compared to $185 billion in 2011, which gives annual growth of 1.9%.

By 2018, the report says the athletic footwear market will be worth just under $85 billion a year, growing at 1.8% per year over the period covered by the report. It says a desire for new designs and styles, as well as celebrity endorsements, will fuel faster growth of non-athletic footwear.

What the report calls “non-store” footwear retailing is expected to be worth $18.6 billion a year by 2018, 6.9% more than in 2011.


Sportstextiles.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.