Global Shoelaces of Sports Shoes Market was valued at USD 0.2 Billion in 2022 and is projected to reach USD 0.3 Billion by 2030, growing at a CAGR of 6.0% from 2024 to 2030.
The shoelaces of sports shoes market is witnessing a dynamic transformation, driven by innovations in materials, designs, and the growing awareness of performance-enhancing features. With sportswear brands constantly evolving their footwear designs, the demand for durable, high-performance shoelaces has surged. These laces are no longer just functional; they have become a crucial component in athletic performance and consumer preference. In particular, sports enthusiasts and athletes are gravitating toward laces that offer better grip, comfort, and enhanced breathability. According to recent market trends, the sports shoelace market is expected to grow significantly over the next decade, with an increasing focus on eco-friendly and sustainable materials.
Technological advancements have led to the introduction of high-tech shoelaces, like those made from advanced fibers, which are stronger, lighter, and more resistant to wear and tear. These laces are also designed to maintain a secure fit, preventing the common issue of loosening during intense physical activities. Furthermore, the customization trend in sports footwear has led to a rise in the demand for stylish and personalized laces, allowing athletes to reflect their individual preferences through color and design choices. Brands are now offering a range of vibrant colors and patterns, catering to diverse tastes while enhancing the overall aesthetic of their shoes.
Another notable factor influencing the market is the shift toward sustainable production methods. As athletes and consumers become more conscious of environmental impact, there has been an increasing shift towards biodegradable and recyclable shoelaces. This aligns with the broader trend of sustainability in the sportswear industry, where companies are working towards reducing their carbon footprint while providing high-quality, eco-friendly products. The rise of these laces has opened up a new market segment that appeals to both environmentally-conscious buyers and performance-driven athletes.
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Converse
New Balance
NIKE
Mr Lacy
OrthoStep
Ronhill
HICKIES
Lock Laces
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Shoelaces of Sports Shoes Market
Online Sales
Offline Sales
Based on Types the Market is categorized into Below types that held the largest Shoelaces of Sports Shoes market share In 2023.
Polyester Fibers
Cotton
Other
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Shoelaces of Sports Shoes Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Shoelaces of Sports Shoes Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Shoelaces of Sports Shoes Market, By Type
6. Global Shoelaces of Sports Shoes Market, By Application
7. Global Shoelaces of Sports Shoes Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Shoelaces of Sports Shoes Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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