Monday 9 March 2015

Athletic Footwear market in the US to grow at a CAGR of 2.77 in terms of revenue by 2019

Reportstack has announced a new market research report on the Athletic Footwear Market in the US 2015-2019.  Growing demand for innovative footwear is one of the key trends emerging in the market. Major vendors are launching innovative and customized footwear. For instance, Adidas launched its Energy Boost shoes in 2013, which carry a tiny melted energy capsule in their midsole. These shoes help athletes run for longer with less effort and without expending much energy. The market is expected to grow steadily, posting a CAGR of 2.77 percent during the forecast period of 2014-2019. 
Some prominent manufacturers of walking and running shoes in the US have launched products targeting older consumers to increase sales. Comfortable footwear provides relief for most foot ailments; hence, demand is growing. 

To access full report with TOC, please visit Athletic Footwear Market in the US 2015-2019.

“Major athletic footwear vendors have strategic sponsorships with popular athletics personalities, paving the way for an increase in revenue and gaining a strong following for the brand,”.

“The Jordan brand, named after Michael Jordan, generates major revenue for Nike. Similarly, Adidas has a lifetime contract with David Beckham.” 

To define the market conditions in the next 3-4 years, the analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.  

About Reportstack:
Reportstack  is one of the leading distributors of market research reports in the world today. We host more than 200,000 research products from the world's top publication houses. These publications are distributed amongst 12 top industry verticals and 62 sub verticals, which are then further classified into 257 business categories and 5000 micro markets. The vast selection criterion provides granular data from the length and breadth of all these industries delivering Reportstack  members with cutting edge research products to facilitate strategic business decisions.
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