GITNUX MARKETDATA REPORT 2024

Cleats Industry Statistics

The cleats industry is expected to experience steady growth in revenue and market size due to increasing participation in sports and outdoor activities.

Statistic 1

"The global cleats industry was valued at approximately 1.88 billion USD in 2020."

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Statistic 2

"The cleats market is expected to have a CAGR of 4.1% between 2021 to 2028."

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Statistic 3

"Soccer cleats represent the largest product segment in the cleats market."

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Statistic 4

"Asia-Pacific is expected to witness the fastest growth in the cleats market during the forecast period."

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Statistic 5

"Men's cleats account for the largest share in the cleats market."

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Statistic 6

"Outdoor cleats hold the largest share in the cleats market compared to indoor variants."

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Statistic 7

"E-commerce is expected to be the fastest-growing distribution channel in the cleats industry."

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Statistic 8

"Football boots market is projected to hit USD 5.57 Billion by 2026."

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Statistic 9

"The youth demographic is the fastest-growing consumer segment in the cleats industry."

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Statistic 10

"The athletic footwear market accounted for over 14% of the global footwear market in 2020."

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Statistic 11

"Approximately 3 out of every 10 pairs of athletic shoes sold in 2020 were sneakers for team sports including sport cleats."

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Statistic 12

"Europe is the second-largest market for soccer cleats globally."

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Statistic 13

"The average price of soccer cleats in sports stores in Spain reached about 72.85 Euros in 2018."

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Statistic 14

"In 2018, athletic footwear sales reached approximately 11.27 billion U.S. dollars in the United States."

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Statistic 15

"The market size of the Athletic & Sporting Goods Manufacturing industry in the US has grown 1.8% per year on average between 2016 and 2021."

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