Market Size of Europe Athletic Footwear Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.32 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Athletic Footwear Market Analysis
The Europe Athletic Footwear Market is projected to witness a CAGR of 6.32% during the forecast period (2022-2027).
The market growth in the region can be attributed to several factors such as the growing number of sports clubs in Europe, more women participating in daily sports activities, and a shift towards fitness and gym workouts. The rise in the health and wellness trend is one of the primary aspects driving the sales of athleisure footwear in European countries as fitness-inspired lifestyles promote active participation in various sports and exercises such as running, jogging, and cycling. Further, consumers have easy access to a variety of footwear types marketed by private label and global brands across online and offline retail channels. In the medium term, online channels are anticipated to register a significant surge in athletic footwear sales as millennials are highly inclined toward e-commerce platforms for purchasing lifestyle and fashion products.
Moreover, key manufacturers are emphasizing the development of sustainable products to capture the interest of eco-conscious consumers. For example, in June 2021, Nike unveiled "Happy Pineapple," a series of plant-based athleisure sneaker lines made from plant-based leather. The brand has partnered with the business Piatex, which creates pineapple-based leather from resilient fibers of pineapple leaves.
