13/07/2012

Business news : Global Athletic Footwear Retail Industry to Reach Approximately US $51 Billion by 2017 with A CAGR Of 5% over the Next Five Years

DUBLIN--Research and Markets (http://www.researchandmarkets.com/research/r7x5qn/global_athletic_fo) has announced the addition of the "Global Athletic Footwear Retail Industry 2012-2017: Trends, Profits and Forecast Analysis" report to their offering.

Lucintel, a leading global management consulting and market research firm, has analyzed the global athletic footwear retail industry and presents its findings in Global Athletic Footwear Retail Industry 2012-2017: Market Trends, Profit, and Forecast Analysis.

In the global athletic footwear retail industry, Asia Pacific and the Rest of World regions are forecast to have the highest growth during the next five years (2012-2017). Rising income levels in the lower-tier cities of the emerging Asian countries are among the factors likely to boost the sporting footwear market.

Market sensitivity to seasonal conditions and frequent changes in consumer taste and preference are some of the challenges facing the industry. Conversely, the London Olympic Games in 2012, the FIFA World Cup 2014, and the 2016 Olympic Games in Brazil are anticipated to stimulate demand for sports footwear. Lucintel's research indicates that the lightweight running, training, and outdoor categories are expected to drive the sports footwear market. Companies with strong brand equity, innovative R&D capabilities, effective network management, and solid capital resources are expected to gain more market share, particularly as the market goes through consolidation. This study provides a concise overview of the Global Athletic Footwear Retail industry, tracking four regions in the global market. This report also addresses sports lifestyle products and footwear manufacturers that are also retailers.

This comprehensive guide from Lucintel provides readers with valuable information and the tools needed to successfully drive critical business decisions with a thorough understanding of the market's potential. This report can save Lucintel clients hundreds of hours in personal research time on a global market. It also offers significant benefits in expanding business opportunities throughout the global athletic footwear retail industry. In a fast-paced ever-changing world, business leaders need every advantage available to them in a timely manner to drive change in the market and to stay ahead of their competition.

For more information visit http://www.researchandmarkets.com/research/r7x5qn/global_athletic_fo.

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Sector: Sport

(BUSINESS WIRE)

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