- Press Release -

Basketball Shoes Market to Reach US$ 5 Bn by 2022, Fact.MR Report

30 Nov -0001

  • The global basketball shoes market is set to reach about US$ 5 Bn by 2022 on sluggish growth.
  • High-top shoes lead and grow fastest by type, at a 2.8% CAGR, on foot support.
  • Medium tops hold 32.4% of revenue, ahead of low tops.
  • Lace closures dominate at 57.1%, ahead of straps.
  • Individual buyers dominate and grow fastest, at a 2.9% CAGR.
  • Third-party online is the leading and fastest-growing channel, at a 3.4% CAGR.
  • North America is the largest region, growing at a 2.7% CAGR.
  • Rising basketball participation is the principal growth driver.

Rockville, Md. The global basketball shoes market is set to reach about US$ 5 Bn by 2022 on sluggish growth, according to Fact.MR. Beyond comfort, firmness and grip, the shoes provide the ankle support players need, and rising participation among professionals and amateurs alike keeps demand ticking.

High-top shoes lead the type mix, lace closures dominate, and individual buyers account for most demand. North America is the largest region, while third-party online is the fastest-growing channel.

Types, Closures and Channels

High-top shoes lead and grow fastest at a 2.8% CAGR on their foot-friendly support, while medium tops hold 32.4% of revenue, ahead of low tops. By closure, laces dominate at 57.1%, followed by straps. Individual buyers dominate and grow fastest at a 2.9% CAGR. On distribution, third-party online leads and grows quickest at a 3.4% CAGR, with direct-to-consumer brand outlets next.

North America is the largest region and grows at a 2.7% CAGR, as basketball gains ground as both recreation and career among professionals and amateurs.

Participation Drives Demand

The market runs on the game's reach. As more people take up basketball, demand for supportive, stylish footwear follows, though the chemicals released in manufacturing and the risk of damage from moisture and lower-grade materials remain concerns for the category.

Suppliers and Their Playbook

The field brings together global and regional footwear brands.

  • Xtep International Holdings Limited, Amer Sports Corporation, Reebok International Ltd., Under Armour, Inc., Li Ning Co., Ltd, ANTA Sports Products Ltd, PUMA SE, Peak Sports USA, NIKE, Inc., and Adidas AG are among the key players in the report.

Reading the Market for Decisions

For makers, growth favours high-top designs and a strong online presence. Investors get a large market with steady, participation-led demand. Procurement and retail teams can plan around high-top shoes carrying volume, third-party online leading growth, and North America offering the largest opportunity through 2022.

About the Report

Fact.MR's study covers the global basketball shoes market for the 2017 to 2022 forecast period, with segmentation by shoe type, closure type, buyer type, sales channel and region. It sizes each segment, maps the competitive field, and weighs the demand forces shaping the market. Further detail is available in the basketball shoes market report.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.

Basketball Shoes Market

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About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. We are known for our syndicated research, custom research, and consulting solutions.