Market Overview:
Track and field spikes are shoes designed specifically for track and field events. They have a thin, spike-like protrusion under the ball of the foot that provides extra traction for running, jumping, or throwing. There are three main types of track and field spikes: run, jump, and throwing. Run spikes are designed for sprinting events such as the 100m dash. Jump spikes are used in jumping events such as the long jump or triple jump. Throwing spikes are used in throwing events such as shot put or discus throw. The global track and field spike market is expected to grow at a CAGR of 5% from 2018 to 2030. The growth of this market is mainly driven by increasing participation in track and field events across all age groups.
Product Definition:
Track and field spikes are shoes with spikes on the bottom, typically used in track and field events. The spikes provide extra traction and help the athlete to run faster or jump higher.
Run:
The global Run, it's usage and growth factor in Track and Field Spikes market size was valued at USD 1.6 billion in 2016. It is expected to expand at a CAGR of XX% over the forecast period owing to increasing participation by women and children in sports activities across the globe.
Jump:
The jump is a part of the track and field spikes that are used in pole vaulting, hurdle races, and similar events. The spike is made up of carbon fiber which gives it a unique property to absorb energy during landing or contact with the ground. This property makes it very effective for use in hurdle races where athletes need to clear multiple hurdles at once. It also helps them increase their speed by reducing the time they spend airborne.
The market for jump.
Application Insights:
The male application segment held the largest share of more than 60.0% in 2017. The male athletes are using these spikes for various outdoor track and field events including 100m, 200m, 400m, 800m and 1500m races. These products help improve performance by providing maximum stability during jumps and throws while reducing impact forces on joints.
The female application segment is expected to witness the fastest growth rate over the forecast period owing to rising participation rates among women athletes in various track and field events across the globe. Increasing number of women participants in sports such as basketball, volleyball has resulted in increased demand for FG shoes among female athletes globally which is expected to drive growth over next seven years.
Regional Analysis:
North America dominated the global track and field spikes market in 2017. The region is expected to maintain its position in the market over the forecast period. North America has a large number of professional athletes, most notably American football players and sprinters who are involved in multiple sports including track and field. These professionals help promote product usage among youth which, in turn, drives demand for spikes across this region.
Asia Pacific is anticipated to be the fastest-growing regional market from 2018 to 2030 owing to increasing participation across various sports including basketball, cricket, football (soccer), badminton and hockey among others.
Growth Factors:
- Increasing popularity of track and field events as a means of physical fitness and recreation.
- Growing number of professional athletes and competitive amateur runners using track spikes for improved performance.
- Advances in spike technology that provide better traction, cushioning, and durability.
- Increased awareness of the health benefits associated with regular participation in running events/activities.
Scope Of The Report
Report Attributes
Report Details
Report Title
Track and Field Spikes Market Research Report
By Type
Run, Jump, Throwing
By Application
Male, Female
By Companies
Nike Inc., PUMA SE, Asics Corporation, New Balance, Wolverine Worldwide Inc., Mizuno Corporation, Berkshire Hathaway Inc, Iconix Brand Group Inc., Joma Sports SA, Adidas AG
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
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Track and Field Spikes Market Report Segments:
The global Track and Field Spikes market is segmented on the basis of:
Types
Run, Jump, Throwing
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
Male, Female
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:
- Nike Inc.
- PUMA SE
- Asics Corporation
- New Balance
- Wolverine Worldwide Inc.
- Mizuno Corporation
- Berkshire Hathaway Inc
- Iconix Brand Group Inc.
- Joma Sports SA
- Adidas AG
Highlights of The Track and Field Spikes 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:
- Run
- Jump
- Throwing
- By Application:
- Male
- Female
- 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 Track and Field Spikes 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.
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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?
Track and field spikes are a type of footwear that is worn by athletes in track and field competitions. Track spikes are made from metal or plastic, and typically have a spike at the front, two on the sides, and one at the back. They help increase an athlete's speed by providing extra traction on the ground.
Some of the major players in the track and field spikes market are Nike Inc., PUMA SE, Asics Corporation, New Balance, Wolverine Worldwide Inc., Mizuno Corporation, Berkshire Hathaway Inc, Iconix Brand Group Inc., Joma Sports SA, Adidas AG.
The track and field spikes market is expected to grow at a compound annual growth rate of 5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Track and Field Spikes 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 Track and Field Spikes Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Track and Field Spikes 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 Track and Field Spikes 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 Track and Field Spikes Market Size & Forecast, 2018-2028 4.5.1 Track and Field Spikes Market Size and Y-o-Y Growth 4.5.2 Track and Field Spikes Market Absolute $ Opportunity
Chapter 5 Global Track and Field Spikes 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 Track and Field Spikes Market Size Forecast by Type
5.2.1 Run
5.2.2 Jump
5.2.3 Throwing
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Track and Field Spikes 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 Track and Field Spikes Market Size Forecast by Applications
6.2.1 Male
6.2.2 Female
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Track and Field Spikes 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 Track and Field Spikes 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 Track and Field Spikes Analysis and Forecast
9.1 Introduction
9.2 North America Track and Field Spikes 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 Track and Field Spikes Market Size Forecast by Type
9.6.1 Run
9.6.2 Jump
9.6.3 Throwing
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 Track and Field Spikes Market Size Forecast by Applications
9.10.1 Male
9.10.2 Female
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 Track and Field Spikes Analysis and Forecast
10.1 Introduction
10.2 Europe Track and Field Spikes 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 Track and Field Spikes Market Size Forecast by Type
10.6.1 Run
10.6.2 Jump
10.6.3 Throwing
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 Track and Field Spikes Market Size Forecast by Applications
10.10.1 Male
10.10.2 Female
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 Track and Field Spikes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Track and Field Spikes 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 Track and Field Spikes Market Size Forecast by Type
11.6.1 Run
11.6.2 Jump
11.6.3 Throwing
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 Track and Field Spikes Market Size Forecast by Applications
11.10.1 Male
11.10.2 Female
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 Track and Field Spikes Analysis and Forecast
12.1 Introduction
12.2 Latin America Track and Field Spikes 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 Track and Field Spikes Market Size Forecast by Type
12.6.1 Run
12.6.2 Jump
12.6.3 Throwing
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 Track and Field Spikes Market Size Forecast by Applications
12.10.1 Male
12.10.2 Female
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) Track and Field Spikes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Track and Field Spikes 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) Track and Field Spikes Market Size Forecast by Type
13.6.1 Run
13.6.2 Jump
13.6.3 Throwing
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) Track and Field Spikes Market Size Forecast by Applications
13.10.1 Male
13.10.2 Female
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 Track and Field Spikes Market: Competitive Dashboard
14.2 Global Track and Field Spikes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nike Inc.
14.3.2 PUMA SE
14.3.3 Asics Corporation
14.3.4 New Balance
14.3.5 Wolverine Worldwide Inc.
14.3.6 Mizuno Corporation
14.3.7 Berkshire Hathaway Inc
14.3.8 Iconix Brand Group Inc.
14.3.9 Joma Sports SA
14.3.10 Adidas AG