Friday, February 18, 2022

What Is The Impact Of The Covid-19 Crisis On The Skateboard Shoes Market?

 Skateboard Shoes Market: Introduction

  • Skate shoes, sometimes known as skateboard shoes, are a form of footwear made particularly for skating. Skate shoes have many features designed specifically for use in skateboarding, including a vulcanised rubber or polyurethane sole with minimal tread pattern or no pattern, a composition leather or suede upper, and double or triple stitching to extend the life of the upper material. Many non-skaters choose to wear skate shoes because they are fashionable. The market for skateboard shoes is expected to witness significant growth during the forecast period.

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Key Drivers and Opportunities of the Global Skateboard Shoes Market

  • Skate shoe manufacturers have included a variety of unique characteristics in their footwear, including air pockets in the heels, cup soles, shoelace guards, silicon rubber usage, vulcanised soles, and so on. Preventing heel bruising, improving skateboard feel through more flexibility, and increasing grip traction are all purposes of these innovations/features. A skate shoe’s various characteristics are also meant to improve its durability. During the forecast period, all of these factors are likely to boost the demand for skateboard shoes.
  • Today, most shoes are made from environment friendly material or recycled material and so are skateboard shoes. Increasing adoption of products made from eco-friendly and recycled materials in developed countries is expected to drive the skateboard shoes market during the forecast period. Developing countries too are witnessing the trend of adoption of products made of eco-friendly and recycled materials. It is expected to be the future market and provides opportunity to manufacturers to cater to the market during the forecast period.
  • As skateboard shoes are specifically designed for skaters, these shoes are not suitable for other activities such as walking and running. Thus, skateboard shoes are expected to have restricted demand and restricted adoption. The above factors are expected to hamper the market for skateboard shoes during the forecast period.

Europe and North America to Hold Major Share of the Global Skateboard Shoes Market

  • In terms of region, the skateboard shoes market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
  • Europe and North America are expected to hold major share of the global skateboard shoes market due to awareness among people regarding the availability of such products, its benefits, and having the purchasing power to buy the product. Manufacturers in these regions enhance their research and development capabilities and are taking efforts to improve the quality, durability, and design of their products. Furthermore, focusing on new structured innovative features, such as shock-absorbing insoles, and cold grip technology, is further expected to propel the market in the region during the forecast period.

Key Players Operating in the Global Skateboard Shoes Market

  • ABG Collective, LLC
  • Adidas AG
  • Element Skateboards Company
  • Globe International Ltd.
  • K2 Sports, LLC
  • Lakai Limited Footwear
  • Nike, Inc.
  • Puma SE
  • Reebok International Limited
  • Sole Technology, Inc.

Global Skateboard Shoes Market: Research Scope

Global Skateboard Shoes Market, by Shoe Types

  • High-top Shoes
  • Mid-top Shoes
  • Low-top Shoes

Global Skateboard Shoes Market, by Shoe Soles

  • Outsoles
  • Midsoles
  • Insoles

Global Skateboard Shoes Market, by End-users

  • Adults
  • Kids

Global Skateboard Shoes Market, by Price

  • Low
  • Medium
  • High

Global Skateboard Shoes Market, by Distribution Channel

  • Online
    • E-commerce Websites
    • Company Owned Websites
  • Offline
    • Hypermarkets and Supermarkets
    • Factory Outlets
    • Specialty Stores
    • Retail Stores

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