(Health-NewsWire.Net, March 24, 2018 ) The growing health-consciousness and the need for physical fitness are propelling the demand for running shoes in the US. With changes in lifestyles, most US consumers now prefer comfort over price. As a result, the demand for comfortable footwear is increasing, which will also drive the growth of the market in the coming years. The availability of and the demand for innovative footwear is one of the most important trends emerging in the market. For instance, Nike collaborated with technology giant Apple to produce the Nike + iPod sports kit, which has a built-in electronic chip that measures the speed and distance a wearer has run during an exercise session. The growing demand for such innovative products will have a positive impact on the market's growth over the next five years.
Publisher's analysts forecast the athletic footwear market in the US to grow at a CAGR of 2.94% during the period 2016-2020.
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The athletic footwear market in the US is fundamentally driven by the increasing consciousness of the advantages of leading a healthy and physically active lifestyle among people. The hectic work schedules and rise in the health issues have compelled people to opt for running as a form of exercise. With the increase in sports participation rates and fitness activities like running, hiking, trailing, aerobics, and training, the athletic footwear market in the US is witnessing huge growth, especially the running shoes segment. The growing instances of obesity, high involvement of millennials in high calorie-burning activities, and increasing women participation in non-traditional running activities like color runs, mud runs, and adventure races will drive the growth of this market during the forecast period.
Key vendors - Adidas - ASICS - New Balance - Nike - Skechers
Other prominent vendors - Amer Sports - Avia - Brooks Sports - British Knights - Columbia Sportswear - Eddie Bauer - Newton Running - Nfinity Athletic Corporation
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Market driver - Growing number of gym and health club memberships
Market challenge - Inconsistent raw material prices and growing competition
Market trend - Increasing use of eco-friendly products
Fundamentals of Table of Content:
PART 01: Executive summary PART 02: Scope of the report PART 03: Market research methodology PART 04: Introduction PART 05: Global construction market PART 06: Market drivers PART 07: Market trends PART 08: Global AEC market PART 09: Market segmentation by product PART 10: Geographical segmentation PART 11: Market challenges PART 12: Impact of drivers and challenges PART 13: Five forces model PART 14: Key vendor analysis PART 15: Key vendor profiles
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