Badminton Shoes Market: Comprehensive Evaluation Of The Market Via In-Depth Qualitative Insights

Industrial

In Brief

  • Badminton shoes market exhibited growth at an impressive CAGR of over 7% from 2013 to 2017. This growth can be ascribed to the fact that badminton ranks among the most popular sports in the world by participation.
  • Global demand for badminton shoes is likely to reach new heights and exceed US$ 2,800 Mn in 2019, owing to ever-increasing popularity of racquet sports, including badminton.

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  • Demand for badminton shoes with rubber soles will continue to outgrow other types, with global demand estimated to exceed US$ 1,900 Mn in 2019.
  • East Asia will continue to be the leading market for badminton shoes, with China spearheading demand. Asians actively pursuing badminton as a recreational sport, hobby, or profession is fuelling the growth of this regional market.
  • With badminton being one among the chief sports, East Asia is likely to emerge as a high growth market for badminton shoes over the assessment timeperiod.Note: For more incisive insights into the global badminton shoes market, request a sample.

    What are the Key Growth Drivers of Badminton Shoes Market?

    • Tremendous growth in popularity of racquet sports, such as badminton and tennis, in the past decade continues to be a key driver of badminton shoes market.
    • Consumers, especially professional badminton players, are on a continuous lookout for modern lightweight & well-cushioned badminton shoes offering unmatched flexibility. This, in turn, is likely to boost growth of badminton shoes market during the forecast period.
    • Growing focus on use of high-end manufacturing technologies and advanced materials is likely to translate into a massive influx of new products with upgraded attributes. This, in turn, is likely to provide a significant impetus to growth of badminton shoes market.
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    • Increasing availability of affordable badminton apparel and accessories is encouraging consumers from all income groups to make significant purchases. With consumers willing to increasingly invest in high-quality badminton accessories, badminton shoes market is estimated to witness strong year-on-year gains throughout the forecast period.