Athletic Shoe Stores
The Athletic Shoe Stores industry has grown strongly over the five years to 2018 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 consequently buy athletic shoes. Furthermore, increased athletic activity effects more wear and tear on athletic shoes, necessitating more frequent purchases to replace worn-out footwear. The growing athleisure trend has also been a strong boon to the industry over the past five years. Over the five years to 2023, 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 and bolster demand for athletic shoes over the next five years. Nonetheless, heightened competition from online retailers will limit growth.
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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