Market Share of Asia-Pacific Athletic Footwear Industry
The Asia-Pacific athletic footwear market is consolidated as the major players dominating the market such as Adidas AG, Under Armour Inc, Asics Corporation, Nike Inc, and Puma SE. Modern production techniques are being used by the top athletic footwear producers to boost production effectiveness and improve product offerings. Companies are competing on a range of factors including product offerings, price, material quality, and marketing initiatives to achieve a competitive edge in the market. Further, key brands are expanding their distribution capabilities to meet rising consumer demand. For Instance, in August 2022, Adidas announced the opening of its largest offline retail store in India which spreads across 3,140 square feet. The store features Adidas Originals' apparel, footwear, and other accessories lines.
APAC Athletic Footwear Market Leaders
Adidas AG
Under Armour Inc
Asics Corporation
Nike Inc
Puma SE
*Disclaimer: Major Players sorted in no particular order
