South Korea Athletic Footwear Market Overview

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 2.80% (2024-2032)

The athletic footwear industry in South Korea is thriving, driven by rising health consciousness and a growing demand for stylish, performance-oriented shoes. According to the IMARC Group, South Korea athletic footwear market size is projected to exhibit a growth rate (CAGR) of 2.80% during 2024-2032.

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South Korea Athletic Footwear Industry Trends and Drivers:

Inclining consumer preferences toward fitness as well as active lifestyles, along with fashion-forward sportswear, are the factors responsible for the growth of the South Korea athletic footwear market. Additionally, the market is propelling owing to the increasing demand for performance-oriented athletic shoes, driven by the rising popularity of health and fitness activities such as running, gym workouts, and outdoor sports. South Koreans are becoming more health-conscious, prioritizing physical fitness and well-being, which is directly boosting the need for specialized footwear designed for performance, comfort, and support. Moreover, the growing popularity of athleisure sportswear worn for both athletic and casual purposes is influencing footwear trends. Consumers are seeking stylish and functional shoes that can transition seamlessly from the gym to daily activities, creating a crossover between fashion and performance footwear.

The dominance of global sportswear brands like Nike, Adidas, and New Balance, alongside the emergence of local players and collaborations that cater to unique demands, are augmenting the South Korea athletic footwear market. Furthermore, digitalization is reshaping the way consumers shop for athletic footwear, with e-commerce platforms and mobile apps gaining popularity. Online retail channels provide consumers with easy access to a wide variety of products and brands, driving sales in the market. Influencer marketing and the popularity of social media are also playing a significant role in driving consumer interest, as popular athletes and celebrities often endorse specific athletic shoe brands. A combination of fitness trends, technological innovation, and changing consumer behavior are anticipated to drive the South Korea athletic footwear market in the coming years.

We explore the factors propelling the South Korea athletic footwear market growth, including technological advancements, consumer behaviors, and regulatory changes.

South Korea Athletic Footwear Industry Segmentation:

The report has segmented the market into the following categories:

Product Type Insights:

• Aerobic Shoes
• Running Shoes
• Walking Shoes
• Trekking and Hiking Shoes
• Sports Shoes

Distribution Channel Insights:

• Supermarkets and Hypermarkets
• Specialty Stores
• Brand Outlets
• Online Channels

End User Insights:

• Men
• Women
• Kids

Regional Insights:

• Seoul Capital Area
• Yeongnam (Southeastern Region)
• Honam (Southwestern Region)
• Hoseo (Central Region)
• Others

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current, and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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