Gym Shoes Market

Gym Shoes market Outlook (2022 to 2032)

As per newly released data by Future Market Insights (FMI), the Gym Shoes market is estimated at USD 364.3 million in 2022 and is projected to reach USD 565.7 million by 2032, at a CAGR of ~4.5% from 2022 to 2032.

Attribute	Details
Estimated Gym Shoes Market Size 2022	USD 364.3 Million
Projected Gym Shoes Market (2032) Market Size	USD 565.7 Million
Value CAGR (2022 to 2032)	4.5%

Key Points Covered in Gym Shoes Market Survey

• Market estimates and forecast 2016-2032
• Key drivers and restraints impacting market growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Brand share and Market Share Analysis
• Key Product Innovations and Regulatory Climate
• COVID-19 Impact on Gym Shoes Market and How to Navigate
• Recommendation on Key Winning Strategies

2017 to 2021 Gym Shoes Market Outlook Compared to 2022 to 2032 Forecast

Young people as well as adults are becoming more interested in leading a healthy lifestyle, and as a result, they are becoming more involved in sports and other related activities. Simultaneously, individuals have started to acknowledge that sports and fitness activities may assist in attaining good health and lower the risk of chronic conditions such as cardiovascular diseases, diabetes, and mental health.

One of the main factors that helped in driving the growth of this market was the rising demand for comfortable and trendy footwear among all age groups, followed by increased engagement in sporting activities. Another factor driving the market was rising consumer knowledge of health advantages, which will be accompanied by a shift in consumer lifestyle. Due to these changes, sports footwear companies had fierce competition, with several companies investing heavily in brand development and marketing channels.

Currently, people are worried about all of these aspects as they become more aware of the value of adequate exercise equipment. People choose gym shoes that are appropriate for their training style over a single pair of shoes and actively use them in gyms, helping the market prosper.

Why is the demand for Gym shoes is growing at a rapid pace?

The COVID-19 epidemic forced the closing of public spaces, including gyms. Along with lockdowns, individuals were required to work out at home with no to little equipment. People are returning to gyms now that the epidemic is finished and public spaces are reopening.

The epidemic also aided in teaching people about the need for good health. To keep healthy and fit, people are adopting various fitness and gym trends, such as hybrid gyms, HIIT and cardio exercise sessions with yoga and Zumba dancing, weight training and outdoor training, and many more. All these changes helped rising the sales of gym shoes.

To guarantee safety and optimal outcomes, each of these exercise routines needs a unique set of equipment and gear. Gym shoes are specifically developed for the tasks that will be performed while exercising. When creating gym shoes, several variables are considered, the most essential of which is the exercise type. Gym shoes are categorized based on the activity, such as weight lifting and weight training, cardio training, and others. The shoe design, padding, ankle support, and other elements are all altered as the exercise changes.

The improper technique of exercise can lead to serious injuries like leg muscle injuries, spraining and tearing of muscles, and future complications including spinal and back muscle injuries. To guarantee safety, good stance, and body position are required, and shoes are the most significant aspect that influences them. As people are realizing the importance of proper gear and its utilization to be safe from possible injuries they are using proper gym shoes while training.

What are the marketing strengths used by the manufacturers to increase sells?

The leading manufacturers use several marketing strategies, and all of them are quite effective since they win more and more consumers. The key firms' principal approach is to prioritize consumers and keep them informed about new goods and projects. Many businesses use social media handles and online entertainment platforms to remain in touch with customers.

Because everyone has a smartphone and access to the internet, these businesses can connect to people all over the world. The foundation of this customer-centric marketing strategy is actively listening to consumer input and offering them new products.

Along with consumer contacts, promotional activities, and product advertising are employed as marketing strategies. Many shoe manufacturers advertise their products through celebrity partnerships and endorsements. Manufacturers partner with other manufacturers to offer limited edition shoes with premium price ranges. All of these advertisements aid in marketing and sales growth.

Furthermore, the majority of manufacturers sell their items through online marketplaces and official websites, with special discounts and offers on orders. All of these marketing methods aid in attracting and retaining customers.

Country-wise Insights

Why gym shoes are popular in America?

increasing consciousness of healthy lifestyle and fitness is increasing number of gym goers in States, increasing sales of gym shoes.

America is one of many developed countries, and the American people lead a stressful and busy routine. People are always on the go. Despite these facts, many individuals across the country are obese or diabetic. Chronic cardiac disease is also widespread among Americans.

To tackle all of these issues and maintain the body healthy and strong, many Americans have begun to visit gyms and exercise on a daily basis. To keep active, they are integrating yoga, dancing, and other outdoor activities in addition to workouts. People use gym shoes to deliver their best performance when exercising and to avoid injuries. Furthermore, high income and the availability of various companies selling proper shoes for different activities keep the gym shoe industry in America afloat.

Why china is the dominant market for gym shoes?

fitness and sports activities in the country along with the availability of well-established market are keeping China dominant.

Chinese people like sports and are concerned with their fitness and healthy lifestyle. Adults and children alike participate in a variety of sports. Blue-collar workers go to gyms and incorporate exercise into their daily routines to stay fit.

Gyms may be found in several major cities around the country, and many people utilize them. Chinese folks use a variety of workout applications and online instructions in addition to actual gyms. Sports activities and gymnastics are taught in schools around the country to encourage involvement from a young age. All of these healthy activities and exercise programs are growing gym shoe sales across the country. Additionally, well-established distribution channels and online marketplaces are boosting sales.

How India is performing in the gym shoe market?

Indian population is starting to take fitness seriously and hence, gym gears and footwear market is expanding.

India is getting conscious of fitness and the importance of a healthy lifestyle. During the lockdown, the Indian population started working out at home, and as the lockdown was lifted, they joined gyms and other fitness and holistic wellness activities. Indian population is influenced by western culture, and as people are having disposable income, they are spending a considerable amount on gym wear and gear. As online marketplaces are gaining popularity in the country, people are also purchasing shoes, clothes, and other accessories online. All these factors are having a positive impact on the gym shoes market in India.

Category-wise Insights

Which type of product will dominate the gym shoes market?

Pull-on type is the most popular type in gym shoe market

Pull-on types of gym shoes are popular among consumers. The pull-on shoes are easy to put on, as they have an elastic neck, that simply allows the user to slide their feet in pulling the ankles over. These shoes have a snuggle fit and give comfort while working out.

According to consumer orientation, who are the most notable customers?

Men are the most common customers for gym shoes.

Men are the biggest customers for the gym's shoes. Men most commonly include a gym and other types of physical exercises in their schedule. They are purchasing these shoes online as well as from retail stores and prefer different styles and designs, for the best performance and comfort while working out.

What is the most popular surface material utilized by manufacturers?

Mesh is commonly used for gym shoes, as it is flexible, lightweight, and breathable.

Mesh is commonly used by the manufacturers as outer material the gym shoes. Mesh is lightweight and allows air to pass through. As they are lightweight, users can use them even during extensive training sessions and they are comfortable on their feet because they have high stretchability.

Competitive Landscape

Many key manufacturers in the market have introduced a number of gym shoes, which are developed for specific activities. Users have lots of choices to choose from according to their preferences and needs. The all-in-one type of gym shoes is popular among users.

For Instance:

• Reebok has introduced its gym shoe named ‘Nano X2’, which is the best gym shoe for frequent gym goers. These shoes are having positive reviews and are considered the best gym shoes for all activities. This shoe is breathable, and lightweight has comfortable inner cushioning and a sturdy outer sole and provides support and stability during an intense workout.

Scope of Report

Attribute	Details
Forecast Period	2022 to 2032
Historical Data Available for	2017 to 2021
Market Analysis	USD Million for Value
Key Regions Covered	North America; Latin America; Europe; East Asia; South Asia; Oceania & Middle East & Africa (MEA)
Key Countries Covered	United States, Canada, Brazil, Mexico, Germany, the UK, France, Spain, Italy, Russia, South Africa, Northern Africa GCC Countries, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia & New Zealand.
Key Segments Covered	Closure Type, Sole Material, Outer Material, Consumer Orientation, Sales Channel, and Region.
Key Companies Profiled	Nike Inc.; Adidas Group; Asics Corp.; Puma SE; New Balance Inc.; Skechers Inc.; Reebok; Under Armour; FILA Ltd.; Lotto Sports Italia S.p.A.; Others
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing	Available upon Request

Gym Shoes Market by Category

By Closure Type, Gym Shoes Market is segmented as:

• Lace Up
• Pull-on
• Velcro
• Buckle
• Others

By Sole Material, Gym Shoes Market is segmented as:

• Polyurethane
• EVA
• Rubber
• Leather
• Others

By Outer Material, Gym Shoes Market is segmented as:

• Fabric
• Mesh
• Synthetic
• Leather
• Others

By Consumer Orientation, Gym Shoes Market is segmented as:

• Men
• Women

By Sales Channel, Gym Shoes Market is segmented as:

• Hypermarket/Supermarket
• Wholesalers/Distributors
• Specialty Stores
• Multi-brand Stores
• Independent Small Stores
• Online Retailers
• Other Sales Channel

By Region, Gym Shoes Market is segmented as:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East & Africa (MEA)

Frequently Asked Questions

What is the current gym shoes market value?

The gym shoes market reached a valuation of ~USD 364.3 Million in 2022.

At what rate did the gym shoes market grow between 2022 and 2032?

The gym shoes market grew at 4.5% CAGR between 2022 and 2032.

What are the key trends driving gym shoes sales?

Increasing awareness of fitness and gym goers, effective marketing, and brand endorsement by the manufacturers, along with dominance in online marketplaces all over the world are a few key driving trends for the gym shoes market.

Who are the leading players in the gym shoes market?

Leading players operating in the sneaker market are Nike Inc., Adidas Group, Asics Corp., Puma SE, New Balance Inc., Skechers Inc., Reebok, Under Armour, FILA Ltd., Lotto Sports Italia S.p.A., and others.

What will be the demand outlook for North America gym shoes market?

The North American gym shoes market is projected to grow at a 25% CAGR over the forecast period.