Athletic Shoe Stores
The Athletic Shoe Stores industry has grown strongly over the five years to 2017 due to economic growth and rising sports participation. The public is becoming increasingly aware of the obesity epidemic in the United States, stirring up a wave of health consciousness that has encouraged Americans to exercise and, therefore, buy athletic shoes. Furthermore, increased athletic activity puts more wear and tear on athletic shoes, necessitating more frequent purchases to replace worn-out footwear. The growing athleisure trend has also served as a strong boon to the industry over the past five years. Over the five years to 2022, the industry is expected to continue growing consistently as US consumers become increasingly health-conscious and disposable income rises, facilitating purchases of expensive, high-quality shoes. Participation in sports is also anticipated to accelerate over the next five years and bolster demand for athletic shoes.
This industry includes retailers that primarily sell athletic shoes, such as running shoes, basketball shoes and sneakers; these stores may also sell apparel. Stores that primarily sell specialty sports footwear, such as golf shoes, bowling shoes and spiked shoes, are included as part of the Sporting Goods Stores industry (IBISWorld report 45111). Used goods and online sales are also excluded from this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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