PUBLISHER: Market Research Future | PRODUCT CODE: 1563129
PUBLISHER: Market Research Future | PRODUCT CODE: 1563129
Europe Sneakers Market Research Report Data by Product (into Low-Top Sneakers, Mid-Top Sneakers, and High-Top Sneakers), by Price Range (Economy/Mass and Premium), by Consumer Group (Gen Z, Gen X, Millennials, and Boomers), by Material Type (Leathe, Cotton, Denim, and Others), by Type (Casual Footwear, Sports Fashion, Sports Footwear, Sports Performance, and Sustainable), by Distribution (Supermarkets & Hypermarkets, Specialty Stores, Online, and Others) Forecast to 2032
Market Analysis
Primary factors propelling market expansion encompass the increasing disposable income of young adults, the substantial impact of social media and celebrity culture on consumer behavior, and a continuous emphasis on health and fitness that stimulates demand for comfortable sneakers within the prevalent athleisure trend.
Germany possesses a significant market share of 15, projected to expand at a CAGR of 4.88% from 2024 to 2032, signifying consistent market growth. This expansion is driven by reasons including rising disposable incomes, evolving fashion trends that favor athleisure, and an increasing focus on health and wellbeing.
In 2023, low-top sneakers dominate the market share, with a Compound Annual Growth Rate (CAGR) of 5.86% from 2024 to 2032. This trend indicates a significant consumer inclination towards low-profile sneakers, which provide versatility and comfort appropriate for diverse activities and events.
The European sneaker market is experiencing significant transformations influenced by diverse micro trends, drivers, constraints, and possibilities that are molding consumer preferences and industry dynamics. There is a notable rise in the choice for "ugly shoes" and dad sneakers, along with an escalating demand for sustainable and eco-friendly footwear alternatives. Consumers are demonstrating a preference for personalization and customization, indicating a demand for distinctive items adapted to individual preferences.
The Sneakers market was categorized into Low-Top Sneakers, Mid-Top Sneakers, and High-Top Sneakers.
The market is split by price range into Economy/Mass and Premium categories.
The Sneakers market is categorized by Consumer Group into Gen Z, Gen X, Millennials, and Boomers.
The Sneakers market is categorized by Material Type into Leather, Cotton, Denim, and Others.
The Sneakers market is categorized into Casual Footwear, Sports Fashion, Sports Footwear, Sports Performance, and Sustainable types.
The Sneakers market is categorized by distribution into Supermarkets & Hypermarkets, Specialty Stores, Online platforms, and Others, which include Street Vendors, Boutique stores, independent merchants, Fashion shows, and events.
The principal market participants include Nike, Adidas, Skechers, Vans, Moncler, Asics, Puma, Wolverine, and Fila.