Basketball Athletic Footwear Market size is estimated to be USD 9.3 Billion in 2024 and is expected to reach USD 13.5 Billion by 2033 at a CAGR of 4.3% from 2026 to 2033.
In 2022, the global basketball athletic footwear market was valued at approximately USD 5.29 billion and is projected to reach USD 6.91 billion by 2032, growing at a compound annual growth rate (CAGR) of 2.7% during the forecast period. North America held a significant market share, accounting for around 35.5% in 2021, driven by the sports deep rooted popularity and the influence of professional leagues. Europe is anticipated to experience a CAGR of approximately 2.9% from 2022 to 2032, fueled by a growing interest in basketball and increasing consumer spending on sportswear.The Asia Pacific region is witnessing a surge in basketballs popularity, leading to a notable increase in demand for basketball footwear. Countries like China and India are experiencing rapid market growth due to urbanization and the adoption of Western lifestyles. Chinas market is dominated by local brands, which collectively hold over 50% of the domestic market share. In India, the market is projected to grow at a CAGR of 8.3% over the forecast period, driven by the rising interest in basketball and supportive initiatives from international associations. citeturn0search3turn0search2
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NIKE
Adidas Group
Puma
New Balance
Asics
Skecher
K-Swiss
MIZUNO
KAPPA
Merrell
Vibram
LI-NING
ANTA
XTEP
361°
PEAK
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. 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 Basketball Athletic Footwear Market
High-Top Basketball Shoes
Mid-Top Basketball Shoes
Low-Top Basketball Shoes
Performance Sneakers
Casual Basketball Shoes
Leather
Synthetic
Mesh
Rubber
Knitted Fabric
Online Retailers
Brick-and-Mortar Stores
Brand Outlets
Department Stores
Specialty Sports Stores
Men's Basketball Footwear
Women's Basketball Footwear
Children's Basketball Footwear
Performance Athletes
Casual Players
Economical (< $50)
Mid-Range ($50 - $100)
Premium ($100 - $200)
Luxury (> $200)
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, 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 Basketball Athletic Footwear 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 Basketball Athletic Footwear Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Basketball Athletic Footwear Market, By Type
6. Global Basketball Athletic Footwear Market, By Application
7. Global Basketball Athletic Footwear Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Basketball Athletic Footwear Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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