Product Code: ETC248185 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Thailand Sports Footwear market currently, in 2023, has witnessed an HHI of 2982, Which has decreased moderately as compared to the HHI of 4675 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Thailand Sports Footwear Market is a dynamic sector driven by a growing fitness-conscious population and increased participation in sports and outdoor activities. Key players in the market offer a wide range of sports footwear, including running shoes, basketball shoes, and athletic sneakers, catering to various consumer preferences and needs.
The Thailand sports footwear market is experiencing significant growth driven by several key factors. Firstly, there is a growing health and fitness consciousness among the Thai population, leading to an increased participation in sports and physical activities. This has resulted in a higher demand for sports footwear as individuals seek comfortable and performance-oriented shoes for their activities. Additionally, the influence of sports celebrities and athletes has had a substantial impact on consumer preferences, with people often seeking to emulate their idols by purchasing the same brands and models of sports shoes. Furthermore, the rise of e-commerce platforms and online shopping has made it easier for consumers to access a wide variety of sports footwear options, boosting market penetration. The competitive pricing, product innovations, and marketing strategies adopted by leading sports footwear manufacturers have also played a crucial role in driving market growth. As a result, the Thailand sports footwear market is expected to continue its upward trajectory in the coming years.
Challenges in the Thailand Sports Footwear Market revolve around consumer trends and competition. Consumer preferences for sports footwear can change rapidly, influenced by factors such as fashion trends and endorsements by athletes. Staying ahead of these trends and effectively marketing products in a highly competitive market are ongoing challenges.
The Thailand Sports Footwear Market experienced a dip in sales during the COVID-19 pandemic as sporting events, gyms, and recreational activities were restricted. Consumers shifted their priorities towards essential items, and the demand for sports footwear temporarily decreased. However, as lockdowns eased, there was a resurgence of interest in outdoor activities and fitness, driving the demand for sports footwear. Many consumers also sought comfortable and versatile athletic shoes for daily wear, contributing to the market`s recovery. The pandemic highlighted the importance of health and fitness, which is likely to have a lasting impact on the sports footwear market.
In the highly competitive Thailand Sports Footwear Market, renowned brands like Adidas, Nike, and Puma stand out as leading players. These global giants have established a strong presence in Thailand, offering a wide range of athletic footwear that caters to diverse sports and fitness enthusiasts. Through constant innovation, marketing campaigns, and strategic partnerships with athletes and sports organizations, they continue to dominate the sports footwear market, providing athletes and consumers with top-quality products.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Sports Footwear Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Sports Footwear Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Sports Footwear Market - Industry Life Cycle |
3.4 Thailand Sports Footwear Market - Porter's Five Forces |
3.5 Thailand Sports Footwear Market Revenues & Volume Share, By Gender, 2021 & 2031F |
3.6 Thailand Sports Footwear Market Revenues & Volume Share, By End-User, 2021 & 2031F |
3.7 Thailand Sports Footwear Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Thailand Sports Footwear Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Sports Footwear Market Trends |
6 Thailand Sports Footwear Market, By Types |
6.1 Thailand Sports Footwear Market, By Gender |
6.1.1 Overview and Analysis |
6.1.2 Thailand Sports Footwear Market Revenues & Volume, By Gender, 2021-2031F |
6.1.3 Thailand Sports Footwear Market Revenues & Volume, By Men, 2021-2031F |
6.1.4 Thailand Sports Footwear Market Revenues & Volume, By Women, 2021-2031F |
6.1.5 Thailand Sports Footwear Market Revenues & Volume, By Kids, 2021-2031F |
6.2 Thailand Sports Footwear Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Thailand Sports Footwear Market Revenues & Volume, By Professional User, 2021-2031F |
6.2.3 Thailand Sports Footwear Market Revenues & Volume, By Recreational User, 2021-2031F |
6.3 Thailand Sports Footwear Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Thailand Sports Footwear Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Thailand Sports Footwear Market Revenues & Volume, By Offline, 2021-2031F |
7 Thailand Sports Footwear Market Import-Export Trade Statistics |
7.1 Thailand Sports Footwear Market Export to Major Countries |
7.2 Thailand Sports Footwear Market Imports from Major Countries |
8 Thailand Sports Footwear Market Key Performance Indicators |
9 Thailand Sports Footwear Market - Opportunity Assessment |
9.1 Thailand Sports Footwear Market Opportunity Assessment, By Gender, 2021 & 2031F |
9.2 Thailand Sports Footwear Market Opportunity Assessment, By End-User, 2021 & 2031F |
9.3 Thailand Sports Footwear Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Thailand Sports Footwear Market - Competitive Landscape |
10.1 Thailand Sports Footwear Market Revenue Share, By Companies, 2024 |
10.2 Thailand Sports Footwear Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |