Cleats Industry Statistics, Trends, Segmentation Analysis and Forecast to 2027
Market Overview The increasing popularity of sports activities such as soccer, rugby and cricket, along with increasing per capita disposable incomes, are the main drivers of the growth of the worldwide Cleats Industry. The high cost associated with cleats, however is set to curb the growth of the worldwide cleats industry. It is expected that the Global Cleats Industry will record significant growth during the forecast period. In addition to increasing participants, the increasing popularity of sports such as soccer, American football, and rugby is expected to boost the global market for cleats. In the coming years, the advent of T20 leagues around the world is further anticipated to create lucrative growth opportunities for the popularity of cricket. Competitive Landscape: The eminent players in the Global Cleats Industry include NIKE, Inc. (US), Puma SE (Germany), Adidas AG (Germany), Under Armour, Inc. (US), Fila Holdings Corp. (South Korea), Iconix Brand Group, Inc. (US), New B