The athletic footwear market is expected to grow at a CAGR of 7.15% from 2021 – 2026, driven in part by the following trends:
- Desire for a healthier, less sedentary lifestyle is propelling more consumers to take up physical activity
- Increasing environmental consciousness is driving consumers to seek out footwear made with more sustainable materials
- Growing demand for customized and premium shoes is driving a wide array of styling
To respond to these demands, footwear manufacturers are investing in digitalized process to manage the growing complexity of footwear manufacturing.