Market Overview:
The global badminton shoes market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing popularity of the sport and rising disposable income of consumers across the globe. In terms of type, rubber sole segment is expected to dominate the global badminton shoes market during the forecast period owing to its properties such as durability and shock absorption. Moreover, non-marking sole segment is projected to grow at a higher CAGR as compared to other segments during 2018-2030 due its benefits such as prevention from floor scratches and noise reduction. By application, men segment accounted for majority share in 2017 and is projected to maintain its dominance throughout the forecast period.
Product Definition:
Badminton shoes are designed specifically for the sport of badminton. They have a non-marking rubber outsole that allows players to move around the court with ease. The shoes also have extra cushioning in the heel and toe, which helps protect against injury.
Rubber Sole:
Rubber sole is a thin layer of silicone rubber that is applied to the bottom of shoe. It helps in providing better traction and balance while playing any sport, including badminton. The product also provides better shock absorption to the players while they are running or jumping during their game.
The global market for rubber sole in badminton shoes was estimated at USD 3,15 billion in 2016.
Non-Marking Sole:
Non-marking sole is a type of footwear with no distinct markings as the name suggests. The non-marking sole shoes are used in badminton, tennis and other sports activities where there is no need for spiked shoes.
The market size for non-marking soles in badminton shoe industry was valued at USD 557.4 million in 2016 and it is expected to grow at a CAGR of XX% from 2017 to 2024.
Application Insights:
Men application segment dominated the global badminton shoes market in 2017. This is due to the high usage of badminton shoes by men players for training and match play. In addition, this shoe is also worn by women players for indoor courts as well as outdoor courts. The use of these types of footwear helps prevent injuries caused to feet during matches or training sessions, while playing on hard surfaces such as concrete and asphalt.
The kids application segment was valued over USD 100 million in 2017 owing to increasing participation rates among children from elementary schools and junior colleges (K-12) levels across the world. Furthermore, rising popularity among parents who volunteer their child for coaching classes has also positively influenced demand globally over recent years.
The women's application segment accounted for a larger share than that of men in terms of both revenue generation.
Regional Analysis:
Asia Pacific dominated the global badminton shoes market in 2017. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing participation rates, growing popularity of outdoor sports, and availability of cheap equipment in countries such as China and India. Europe is projected to be the fastest-growing regional market from 2018 to 2030 owing to rising number of corporate events and competitions held in countries such as Germany, U.K., France, Italy, etc., which will drive product demand further. Asia Pacific has witnessed a significant increase in sales tax on sporting goods with effect from April 1st 2016 (16% for indoor products and 18% for outdoor products).
Growth Factors:
- Increasing demand for badminton as a sport
- Rising disposable income of the population
- Growing popularity of online shopping
- Availability of affordable and good quality badminton shoes brands in the market
- Increasing number of tournaments and championships
Scope Of The Report
Report Attributes
Report Details
Report Title
Badminton Shoes Market Research Report
By Type
Rubber Sole, Non-Marking Sole
By Application
Men, Women, Kids
By Companies
Yonex, Li Ning, Victor Rackets Industrial Corp, SOTX, HEAD, Adidas, Nike, Mizuno, Puma, Asics, Yonex, Babolat, Decathlon, ANTA, PEAK, Shenzhen Kawasaki Sports, FLEXPRO U.K. Ltd, Lotto Sport Italia, Carlton Sports, EAGEKA
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Badminton Shoes Market Report Segments:
The global Badminton Shoes market is segmented on the basis of:
Types
Rubber Sole, Non-Marking Sole
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Men, Women, Kids
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Yonex
- Li Ning
- Victor Rackets Industrial Corp
- SOTX
- HEAD
- Adidas
- Nike
- Mizuno
- Puma
- Asics
- Yonex
- Babolat
- Decathlon
- ANTA
- PEAK
- Shenzhen Kawasaki Sports
- FLEXPRO U.K. Ltd
- Lotto Sport Italia
- Carlton Sports
- EAGEKA
Highlights of The Badminton Shoes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rubber Sole
- Non-Marking Sole
- By Application:
- Men
- Women
- Kids
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Badminton Shoes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Badminton shoes are a type of sport shoe that is worn by badminton players. They are designed to provide good support and cushioning for the feet, as well as durability.
Some of the major players in the badminton shoes market are Yonex, Li Ning, Victor Rackets Industrial Corp, SOTX, HEAD, Adidas, Nike, Mizuno, Puma, Asics, Yonex, Babolat, Decathlon, ANTA, PEAK, Shenzhen Kawasaki Sports, FLEXPRO U.K. Ltd, Lotto Sport Italia, Carlton Sports, EAGEKA.
The badminton shoes market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Badminton Shoes Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Badminton Shoes Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Badminton Shoes Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Badminton Shoes Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Badminton Shoes Market Size & Forecast, 2018-2028 4.5.1 Badminton Shoes Market Size and Y-o-Y Growth 4.5.2 Badminton Shoes Market Absolute $ Opportunity
Chapter 5 Global Badminton Shoes Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Badminton Shoes Market Size Forecast by Type
5.2.1 Rubber Sole
5.2.2 Non-Marking Sole
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Badminton Shoes Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Badminton Shoes Market Size Forecast by Applications
6.2.1 Men
6.2.2 Women
6.2.3 Kids
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Badminton Shoes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Badminton Shoes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Badminton Shoes Analysis and Forecast
9.1 Introduction
9.2 North America Badminton Shoes Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Badminton Shoes Market Size Forecast by Type
9.6.1 Rubber Sole
9.6.2 Non-Marking Sole
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Badminton Shoes Market Size Forecast by Applications
9.10.1 Men
9.10.2 Women
9.10.3 Kids
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Badminton Shoes Analysis and Forecast
10.1 Introduction
10.2 Europe Badminton Shoes Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Badminton Shoes Market Size Forecast by Type
10.6.1 Rubber Sole
10.6.2 Non-Marking Sole
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Badminton Shoes Market Size Forecast by Applications
10.10.1 Men
10.10.2 Women
10.10.3 Kids
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Badminton Shoes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Badminton Shoes Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Badminton Shoes Market Size Forecast by Type
11.6.1 Rubber Sole
11.6.2 Non-Marking Sole
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Badminton Shoes Market Size Forecast by Applications
11.10.1 Men
11.10.2 Women
11.10.3 Kids
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Badminton Shoes Analysis and Forecast
12.1 Introduction
12.2 Latin America Badminton Shoes Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Badminton Shoes Market Size Forecast by Type
12.6.1 Rubber Sole
12.6.2 Non-Marking Sole
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Badminton Shoes Market Size Forecast by Applications
12.10.1 Men
12.10.2 Women
12.10.3 Kids
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Badminton Shoes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Badminton Shoes Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Badminton Shoes Market Size Forecast by Type
13.6.1 Rubber Sole
13.6.2 Non-Marking Sole
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Badminton Shoes Market Size Forecast by Applications
13.10.1 Men
13.10.2 Women
13.10.3 Kids
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Badminton Shoes Market: Competitive Dashboard
14.2 Global Badminton Shoes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Yonex
14.3.2 Li Ning
14.3.3 Victor Rackets Industrial Corp
14.3.4 SOTX
14.3.5 HEAD
14.3.6 Adidas
14.3.7 Nike
14.3.8 Mizuno
14.3.9 Puma
14.3.10 Asics
14.3.11 Yonex
14.3.12 Babolat
14.3.13 Decathlon
14.3.14 ANTA
14.3.15 PEAK
14.3.16 Shenzhen Kawasaki Sports
14.3.17 FLEXPRO U.K. Ltd
14.3.18 Lotto Sport Italia
14.3.19 Carlton Sports
14.3.20 EAGEKA