Tennis Shoes Market Forecast 2024 | Share, Scope and Global Report By 2032

Global Tennis Shoes Industry: Key Statistics and Insights in 2024-2032

Summary:

The global tennis shoes market size reached USD 2.4 Billion in 2023.

The market is expected to reach USD 3.1 Billion by 2032, exhibiting a growth rate (CAGR) of 2.53% during 2024-2032.

North America leads the market, accounting for the largest tennis shoes market share.

Supermarkets and hypermarkets hold the biggest market share owing to their extensive reach, wide product selection, and competitive pricing.

Men dominate the market due to societal norms and cultural perceptions that prioritize athleticism and sports participation.

Growing awareness of the importance of physical activity for overall health is leading to more people adopting active lifestyles.

Technological advancements are leading to the creation of new materials with improved properties, such as lightweight yet durable fabrics, breathable meshes, and synthetic overlays.

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Industry Trends and Drivers:

Increasing Health and Fitness Awareness:

Increasing awareness among the masses about the importance of physical activity for overall health is leading to more people adopting active lifestyles. Whether it is playing tennis specifically or engaging in other forms of exercise, individuals are seeking appropriate footwear to support their activities. Tennis shoes, with their specific design for court sports, are becoming a natural choice for those participating in tennis or similar activities. Moreover, tennis shoes are designed to provide support, cushioning, and stability during physical activity, reducing the risk of foot injuries and promoting overall foot health.

Technological Advancements:

Innovations in technology are leading to the development of new materials with enhanced properties, such as lightweight yet durable fabrics, breathable meshes, and synthetic overlays. These materials are used in the construction of tennis shoes to improve comfort, flexibility, and support, catering to specific needs of tennis players. Furthermore, cutting-edge cushioning technologies, such as Nike Air, Adidas Boost, and Asics Gel, are revolutionizing the comfort and shock absorption capabilities of tennis shoes. These advancements help in reducing the impact on joints and muscles during intense play, enhancing comfort and reducing the risk of injury.

Expansion of E-Commerce Platforms:

Online retailers offer a vast selection of tennis shoes, including styles, sizes, colors, and brands that may not be available in local brick-and-mortar stores. This broader selection gives people more options to find tennis shoes that meet their specific preferences, performance requirements, and budget constraints. In addition, e-commerce platforms provide detailed product information, including specifications, features, sizing charts, and customer reviews. This information helps people make informed purchasing decisions by allowing them to compare different tennis shoe options and assess their suitability for their needs and preferences.

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Tennis Shoes Market Report Segmentation:

By Playing Surface:

Hard Court Tennis Shoes

Clay Court Tennis Shoes

Grass Court Tennis Shoes

Hard court tennis shoes represent the largest segment as they are specifically designed to provide the necessary support, stability, and traction needed to perform optimally on these surfaces, making them the preferred choice for many tennis players.

By Application:

Men

Women

Kids

Men account for the majority of the market share due to societal norms and cultural perceptions emphasizing athleticism and sports participation more prominently.

Breakup By Region:

North America (United States, Canada)

Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

Latin America (Brazil, Mexico, Others)

Middle East and Africa

North America enjoys the leading position in the tennis shoes market on account of a large population of tennis enthusiasts, with a robust culture surrounding the sport.

Top Tennis Shoes Market Leaders:

The tennis shoes market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

Adidas AG

ANTA Sports Products Limited

ASICS Corporation

Babolat

Diadora S.p.A. (Geox S.p.a)

FILA Holdings Corp.

Lotto Sport Italia S.p.A.

Mizuno Corporation

New Balance Inc.

Nike Inc.

Reebok International Limited (Authentic Brands Group LLC)

Xtep International Holdings Limited

Yonex Co. Ltd

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