How Is The Global Skating Shoes Market Defined?
Skating shoes, commonly known as skates, are specialized footwear designed for various skating activities, including ice skating, roller skating, and inline skating. They are tailored to provide support, comfort, and maneuverability for each skating discipline.
Skating Shoes Global Market Report 2024 provides data on the global skating shoes market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The skating shoes market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
How Is The Global Skating Shoes Market Size Expected To Change, And What Are The Growth Rate Projections?
The skating shoes market has experienced steady growth in recent years. It is projected to increase from $0.86 billion in 2023 to $0.90 billion in 2024, with a compound annual growth rate (CAGR) of 4.6%. This growth is attributed to rising celebrity endorsements, collaborations with fashion brands, the popularity of competitive skating events, increased social media presence, and the expansion of skate parks. The market is expected to see steady growth in the coming years, reaching $1.08 billion by 2028 at a CAGR of 4.9%. This growth is driven by the rise of urban sports, increased health and fitness awareness, growing e-commerce, product customization, and the growing popularity of skateboarding. Key trends include technological integration, advancements in the manufacturing process, the introduction of new materials, advancements in footwear design, and the development of smart skating shoes.
Which Drivers Are Accelerating Growth In The Skating Shoes Market?
The rising popularity of skating sports is expected to drive the skating shoes market. Skating sports include activities such as skateboarding, rollerblading, and ice skating. These sports are gaining popularity due to their accessibility, cultural appeal, and improved skatepark infrastructure. Skating shoes provide the necessary grip, durability, and impact protection for safe and efficient movement in these sports. For instance, in September 2021, the Australian Sports Commission reported that approximately 282,000 Australians aged 15 and above participated in roller sports, including skateboarding and rollerblading, during the 2020–21 period. This growing interest in skating sports is boosting the skating shoes market.
Get Your Free Sample of the Global Skating Shoes Market Report
What Are The Core Segments Of The Global Skating Shoes Market?
The skating shoes market covered in this report is segmented –
1) By Product Type: Roller Skating Shoes, Ice Skating Shoes, Skate Boarding Shoes, Other Product Types
2) By Closure Type: Laces, Velcro, Straps, Zippers
3) By Consumer Orientation: Men, Women
4) By Application: Sports, Lifestyle, Competition
5) By Distribution Channel: Multi-Brand Stores, Independent Small Stores, Online Retailers, Other Distribution Channels
Which Emerging Trends Are Reshaping The Skating Shoes Market Size?
In the skating shoe market, companies are focusing on innovations like mesh-material shoes to enhance performance and address changing consumer demands. Mesh materials are lightweight and breathable, improving ventilation and comfort. For instance, in April 2024, Nike launched Day One, a skate shoe designed for children that reduces weight by eliminating excess foam. It incorporates suede overlays and mesh panels for durability and breathability, along with a Zoom Air unit in the heel to provide extra cushioning during high-impact activities.
What Is The Largest Region In The Skating Shoes Market?
North America was the largest region in the skating shoes market in 2023. The regions covered in the skating shoes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
