Market Outlook
According to this report, the volleyball shoes market size reached a value of USD 2.57 billion in 2023. Aided by the increasing popularity of volleyball as a sport and the growing emphasis on sportswear and specialised footwear, the market is projected to further grow at a CAGR of 2.8% between 2024 and 2032 to reach a value of USD 3.31 billion by 2032.Volleyball shoes are specialised footwear designed to provide stability, support, and traction for athletes playing volleyball. These shoes are crucial for enhancing performance, preventing injuries, and providing comfort during intense gameplay. The key benefits of volleyball shoes include excellent cushioning, superior grip, and lightweight construction, making them indispensable for both amateur and professional volleyball players.
The increasing popularity of volleyball as a sport is driving the volleyball shoes market growth. With the growing awareness of the importance of proper sportswear and the benefits of specialised footwear, there has been a significant shift towards using volleyball-specific shoes, leading to a surge in demand. Additionally, the rising trend of health and fitness has further contributed to the increasing popularity of volleyball shoes, as more individuals engage in sports and physical activities.
The expanding applications of volleyball shoes in various segments also play a significant role in propelling the market. In professional sports, volleyball shoes are used by athletes to enhance their performance and reduce the risk of injuries. In schools and colleges, these shoes are used by students participating in volleyball games and physical education programs. Moreover, volleyball shoes are utilised in recreational activities by individuals who play volleyball for fun and fitness.
Further, the growing focus on product innovation and technological advancements in footwear design has led to the development of volleyball shoes with enhanced features such as improved cushioning, better ankle support, and advanced grip technologies. These innovations have significantly improved the performance and comfort of volleyball shoes, making them more appealing to consumers. This trend is expected to boost the volleyball shoes market expansion in the coming years, consequently driving up the volleyball shoes market share.
One of the primary benefits of volleyball shoes is their ability to enhance performance and prevent injuries. The specialised design of volleyball shoes provides superior traction, stability, and cushioning, allowing athletes to perform at their best and reducing the risk of injuries during gameplay. This focus on performance and injury prevention is driving the demand for high-quality volleyball shoes.
The economic growth and rising disposable income in many regions are contributing to the increased demand for volleyball shoes. As consumers have more disposable income, they are willing to spend on high-quality sportswear and specialised footwear to enhance their athletic performance and comfort. This economic prosperity is supporting the growth of the market in various regions.
As per the volleyball shoes market analysis, men segment includes volleyball shoes designed specifically for men. The demand for men's volleyball shoes is driven by the increasing participation of men in volleyball at both professional and recreational levels. Women segment includes volleyball shoes designed specifically for women. The demand for women's volleyball shoes is driven by the growing interest of women in volleyball and the availability of stylish and functional footwear options. Kids segment include volleyball shoes designed specifically for children. The demand for kids' volleyball shoes is driven by the increasing involvement of children in volleyball and the need for durable and protective footwear for young athletes.
Market Segmentation
The market can be divided based on consumer, distribution channel, and region.Market Breakup by Consumer
- Men
- Women
- Kids
Market Breakup by Distribution Channel
- Multi-brand Store
- Independent Small Stores
- Online
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Europe
Competitive landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in global volleyball shoes market. some of the major players explored in the report are as follows:- Nike, Inc.
- Adidas AG
- Asics Corp.
- Mizuno Corporation
- Puma SE
- New Balance Athletics, Inc.
- Hummel A/S
- Under Armour, Inc.
- Freewill Sports Pvt. Ltd. (NIVIA)
- Others
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope4 Key Assumptions7 Opportunities and Challenges in the Market16 Key Trends and Developments in the Market
3 Report Description
5 Executive Summary
6 Market Snapshot
8 Global Volleyball Shoes Market Analysis
9 North America Volleyball Shoes Market Analysis
10 Europe Volleyball Shoes Market Analysis
11 Asia Pacific Volleyball Shoes Market Analysis
12 Latin America Volleyball Shoes Market Analysis
13 Middle East and Africa Volleyball Shoes Market Analysis
14 Market Dynamics
15 Competitive Landscape
List of Key Figures and Tables
Companies Mentioned
- Nike, Inc.
- Adidas AG
- Asics Corp.
- Mizuno Corporation
- Puma SE
- New Balance Athletics, Inc.
- Hummel A/S
- Under Armour, Inc.
- Freewill Sports Pvt. Ltd. (NIVIA)
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 163 |
Published | June 2024 |
Forecast Period | 2024 - 2032 |
Estimated Market Value ( USD | $ 2.65 Billion |
Forecasted Market Value ( USD | $ 3.31 Billion |
Compound Annual Growth Rate | 2.8% |
Regions Covered | Global |
No. of Companies Mentioned | 9 |