The noteworthy increase in the popularity of sports across the globe and the dramatic increase in the participation of female athletes has a positive effect on the demand for track and field spikes. Besides this, the growing number of track and field events, including jumping, running, and throwing, are also fueling the demand substantially. Over the coming years, the frequent innovation in track and field spikes shoes is projected to increase the demand for these shoes. A new market report labeled as “Track and Field Spikes Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025” has been added to the vast online portfolio of Market Research Reports Search Engine (MRRSE). This report is an in-depth and professional analysis of the current market state as well as the future prospects of the global track and field spikes market.
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The global market for track and field spikes market is expected to rise at a CAGR of 2.90% between 2017 and 2025. At this pace, the market is likely to reach a valuation of US$16.88 billion by the end of 2025 from US$13.13 billion in 2016. This report analyzes and forecasts the market for track and field spikes market at the global and regional level. The study covers drivers and restraints of the global track and field spikes market. It also covers impact of these drivers and restraints on demand for track and field spikes during the forecast period. The report also highlights opportunities in the track and field spikes market at the regional and global level.
The report comprises detailed value chain analysis, which provides a complete view of the global track and field spikes market. Porter’s Five Forces model for the track and field spikes market is also been covered to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, in which end-users are benchmarked based on their growth rate, market size, and general attractiveness. The market for track and field spikes is segmented into category type, end use, and distribution channel. Based on category type, the global track and field spikes market is segmented into jumping, running and throwing. Likewise, the jumping segment is divided into long jump, triple jump, and pole vault. In terms of distribution channel, the market is segregated into online distribution channel and offline distribution channel.
Some of the key players operating in the global track and field spikes shoes include Adidas AG, PUMA SE, Nike Inc., Asics Corporation, Wolverine Worldwide Inc., Mizuno Corporation, New Balance, Berkshire Hathaway Inc, Iconix Brand Group Inc., Joma Sports SA among others.
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