Turf Shoes Market trends:
Increasing demand for eco-friendly turf shoes made by water-based adhesives, thermoplastic elastomers, recycled plastic, and organic cotton are the new technological adoptions made by manufacturers across the globe to comply with environmental sustainability developments owing to strong consumer interest in eco-friendly products. Moreover, high stability provided by nature friendly products is the key supporting factor considered to drive the growth of the trends during the forecast period.
According to Adidas, Turf Shoes Market is expected to dominate the consumer goods industry during the forecast period owing to ergonomic designs available in the market and flexible Turf Shoes sales channels along with improving standards of manufacturing. According to Sales experts, sales are expected to reach approximately 2 million units worldwide during the forecast period owing to the high demand for disposable covers in the market.
North America is the dominating region in the market owing to well-established the infrastructure of sports events and the emergence of turf sports clubs and organizations in the region with growing inclination of manufacturers towards brand integration of the product. Moreover, rising adoption towards the development coupled with increasing government support to the domestic players in the region are the key supporting factors considered to drive the market growth. APAC market is expected to register a CAGR of approximately 3% owing to increasing investment of key players in the region along with increasing penetration of turf games across the region. European regional market is expected to boost during the forecast period owing to increasing economic growth in the region. UK and Germany are the dominating countries in the region expected to register a CAGR of approximately 5% during the forecast period owing to the increasing popularity of indoor soccer games and turf Cricket games.
In a recent research report by Maximize Market Research, the Turf Shoes Market is expected to surpass US $XX million by the year 2026, from US $XX million in 2019.
Despite a huge decline in the sales of Turf Shoes during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than 6%, during the tenure of 2020 – 2026.
The study is consolidated on the basis of three major segments and further into sub-segments, Product Type (baseball turf shoes, cricket turf shoes, soccer turf shoes, field hockey turf shoes and rugby turf shoes), Material Type (polyurethane, nylon, synthetic rubber and leather), and by Distribution Channels (Offline and online) to forecast the market value; Also includes the analysis of past market dynamics from 2016 – 2019, considering 2019 as the base year. Lastly, the market research report provides a regional comparison and a complete country level analysis for the latest trends, along with the major key players- Nike, Inc., Adidas AG, Reebok, Puma, ASICS America Corporation, Amer Sports Corporation, Kering S.A., New Balance Athletics, Inc., Joma, 3N2 LLC, Under Armor, Inc., Mizuno Corporation, Diadora Sports S.R.L., Tanel 360, Ringor
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Turf Shoes Market.”
https://www.maximizemarketresearch.com/market-report/global-turf-shoes-market/109173/
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