Published on : Mar 10, 2017
Albany, New York, March 10, 2017: In recent years, changing preferences of consumers with regards to comfort and style have led to increase in the demand for customized shoes in the sports footwear market. The total population of men and women demanding athletic footwear is increasing rapidly. By looking at these factors, a rapidly growing athletic footwear segment ‘Tennis Shoe’ is the focus of the latest study, added to the vast repository of Market Research Hub (MRH), titled as “Global Tennis Shoes Industry 2016 Market Research Report”. The study analyzes the current state of the tennis shoe industry in the global market, by covering some major regions, such as United States, China, EU and Japan.
With an extensive five-year forecast period of 2016 to 2021, the report covers future trends of consumer preferences that will shape the industry. The report assesses the buying trends along with the purchase process, technology preference, expenditures, manufacturers and service provider preferences of end-users in the Global Tennis Shoe market. Overall, this report is based on the briefings and interviews conducted with product manufacturers and their consumers, with demand-side research. Geographically, for each regional segment, the report provides major information including import/export, supply and consumption figures as well as cost, price, revenue and gross margin during the period of 2011 to 2016.
Firstly, the report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. Additionally, the report describes that running and tennis are both sports that depend heavily on the use of the feet, but the way the feet are used in each sport is significantly different. Tennis shoes are specifically designed for use on the tennis court. But, with the changing lifestyles of consumers and their interests in sports activity has made Tennis shoe also as an item of high fashion, which is sold throughout the world. In many countries across the globe, people wear tennis shoes for sports, as well as for comfortable daily shoes. In spite of the high price tag, the shoes remain in high demand.
Secondly, the report talks about the development policies and plans as well as manufacturing processes and cost structures. Furthermore, the sections covering upstream raw materials, equipment and downstream consumers analysis is also carried out.
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In the last section, the research study includes details pertaining to some of the most prominent players operating in the global tennis shoe industry, focusing on information such as company profiles, product portfolio, capacity, cost, production, revenue and contact information. Currently, major manufacturers are:
- New Balance
Among these, Nike and Adidas have strong market penetration on account of their solid distribution channel, the number of retail channels and wide-ranging consumer base.
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