Innovation, technology help Indian sports footwear market step into the future
Global Sports Footwear Market size was valued at USD 97.42 billion in 2021, and it is expected to reach a value of USD 134.99 billion by 2028, at a CAGR of 4.8% over the forecast period (2022 - 2028).
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People's knowledge of health and fitness has grown, and so has the number of people participating in sports and physical activity, demonstrating positive sports footwear market growth. Additionally, the market growth will be impacted by the increasing innovation in sport's shoes, such as improved functionality and lightweight running shoes. Manufacturers are offering customisable alternatives for rapidly changing preferences in order to appeal to more consumers.
Adidas launched a golf shoe called the “Solarthon” that is both lightweight and comfortable. Further, the brand aims to introduce Solarthon in limited-edition grey, blue and white colourways. The new shoe features Adidas’ Primeblue textile upper, a recycled yarn containing at least 50% Parley Ocean Plastic, to help the company’s “End Plastic Waste” initiative.