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The report primarily focuses on the key business financials, product portfolio, expansion strategies, and recent developments in the global Sneakers market. The research report also studies the competitive environment of the sneakers market based on the company profiles and their efforts on increasing product value and production.Leading Players in the Sneakers Market
The notable players in the sneakers market include New Balance Athletics Inc., China Dongxiang Company Ltd., ASICS, PUMA, Under Armour Inc., Adidas AG, Nike Inc., Li Ning Company Ltd., ECCO, and 361 Degrees International Ltd., among others.
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Key Drivers in the Sneakers Market
Improving lifestyle of people and the growing disposable income is leading to the need for more comfortable and innovative footwear, which are the major factors that are surging the demand of the sneakers market. The increasing inclination towards trendy, branded, and high-fashion footwear among every age group is further energizing the market’s growth. Moreover, the rising population and the growing concerns related to health are the significant factors that are responsible for the sneakers market size. Furthermore, the online medium preference of consumers is emerging in the market, which is further driving the growth of the sneakers market share in terms of revenue. On the other edge of the spectrum, the availability of copied or fake products that are manufactured by the local manufacturers is a certain factor that is hampering the growth of the market.
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Market Segmentation
Sneakers Market by Type:
• Children Sneakers
• Adult Sneakers
Sneakers Market by Distribution Channel:
• Store-based retail
• Non-store based retail
Sneakers Market by Region:
• North America
o United States of America
o Canada
• Asia Pacific
o China
o Japan
o India
o Rest of APAC
• Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
• RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
o Rest of the world (remaining countries of the LAMEA region)
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