Urban Sports Facilities Badminton Shoes Market Opportunities 2028
The global badminton shoes market, valued at over US$ 2,800 million in 2019, is projected to grow at a CAGR of 8% through 2028, driven by the soaring popularity of racquet sports like badminton. Rubber sole shoes, with demand exceeding US$ 1,900 million in 2019, dominate due to their superior grip and durability. East Asia, led by China, holds the largest market share, fueled by widespread participation in badminton as a recreational and professional sport. Innovations in lightweight, cushioned shoes and advanced materials enhance market growth, though counterfeit products and preference for general sports shoes among casual players pose challenges.
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Market Analysis
The badminton shoes market is propelled by the global rise in racquet sports, with badminton being one of the most participated sports worldwide. Historical growth at a 7% CAGR from 2013 to 2017 reflects strong consumer interest, particularly among professional players seeking lightweight, flexible footwear. A Fact.MR report highlights the role of advanced manufacturing technologies, such as non-marking soles with hexagon grips, in driving demand. East Asia leads due to high participation rates, while North America and Europe grow steadily with increasing sports enthusiasm. Challenges include competition from counterfeit products by regional manufacturers and reluctance among recreational players to invest in specialized footwear, but affordable high-quality options continue to fuel market expansion.
Segment Analysis
The market is segmented by sole type, demographics, buyer type, and sales channel. Rubber soles, valued at over US$ 1,900 million in 2019, lead due to their traction and durability, while non-marking soles gain traction for court compatibility. Unisex and men’s shoes dominate demographics, catering to broad consumer bases, with kids’ and women’s segments growing steadily. Individual buyers drive sales, followed by institutional and promotional purchases. Sales channels include independent and franchised sports outlets, modern retail, direct-to-customer, and third-party online platforms, with online channels growing rapidly. East Asia remains the largest regional market, with South Asia showing strong growth potential due to rising sports participation.
Country-wise Insights
China spearheads East Asia’s dominance, driven by widespread badminton participation and professional leagues. Japan and South Korea contribute with strong recreational demand. The U.S. and Canada see steady growth due to increasing sports awareness and retail availability. In Europe, Germany and the UK benefit from racquet sports popularity and premium brand presence. India’s market grows with rising disposable incomes and youth engagement in badminton. GCC countries and Oceania show moderate growth, driven by urban sports facilities. The market’s global reach is supported by diverse consumer preferences, with East Asia’s high participation contrasting with Europe’s focus on premium products.
Key Players
- Li Ning Company Limited
- Yonex Co., Ltd.
- Adidas AG
- Asics Corporation
- VICTOR RACKETS IND. CORP
- Babolat
- Mizuno USA, Inc.
- Carlton Sports
- Cosco (India) Ltd
- Lotto Sport Italia
- Puma SE
Strategic Outlook and Industry Trends
The badminton shoes market is evolving with incremental innovations, such as Yonex’s POWER CUSHION AERUS 3 (2018), offering lightweight design and enhanced shock absorption. Companies like Puma SE (partnering with Havas Media, 2018) and Lotto Sport Italia (AMF campaign, 2018) focus on marketing reforms and value-added offerings to boost sales. Advanced mesh technologies and hexagon grip soles enhance performance, addressing professional players’ needs. Challenges include counterfeit products flooding the market and casual players opting for non-specialized shoes. However, growing online sales channels and affordable high-quality options are expected to drive sustained growth through 2028.
Segmentation of Badminton Shoes Market
By Sole Type:
- Rubber
- Non-Marking
By Demographics:
- Men
- Women
- Unisex
- Kids
By Buyer Type:
- Individual
- Institutional
- Promotional
By Sales Channel:
- Independent Sports Outlet
- Franchised Sports Outlet
- Modern Retail Channel
- Direct to Customer
- Third Party Online
By Region:
- North America
- Latin America
- East Asia
- South Asia
- Oceania
- Middle East & Africa
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