Badminton Shoes Market Size, Share, Growth, and Industry Analysis by Type (Rubber Sole & Non-Marking Sole), By Application (Men, Women & Kids), Regional Insights, and Forecast from 2023 to 2031

Updated On: 13 November 2023

Badminton Shoes Market REPORT OVERVIEW

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global badminton shoes market size was USD 4525.4 Million in 2022 and market is projected to touch 5918.01 Million by 2031, exhibiting a CAGR of 3% during the forecast period.

Badminton shoes are a particular kind of athletic footwear made just for the game of badminton. They offer qualities such a superior grip, a lightweight design, cushioning, and support because they are made specifically to match the demands of the sport. Badminton players can move swiftly, change directions easily, and retain stability while making fast moves on the court with the aid of these shoes. In order to avoid leaving stains on indoor surfaces, they often have non-marking rubber soles. They also come in a variety of patterns and designs to accommodate diverse playing preferences and foot shapes.

This marketplace belonged to the larger sports footwear sector. It was distinguished by a number of well-known companies that catered to badminton players and provided a selection of shoes with unique features and technologies to improve performance on the court. The popularity of badminton as a sport in various geographic locations, the expansion of the sports footwear market as a whole, and customer preferences for particular brands and styles can all affect the market's size.

COVID-19 Impact: Industry Shutdown Causes Market Distortion

For consumer goods companies, the COVID-19 outbreak resulted in issues like unstable markets, a decline in client confidence, and challenges with import and export business. The global supply chain includes the sourcing of raw materials, packaging, and distribution. Moving commodities, chemicals, and other items has become challenging due to lockdowns. It had a financial impact on the markets for consumers in addition to having an immediate impact on markets, supply chains, supply and demand, and all of these other things. Producers of consumers are focusing on protecting their workforce, operations, and supply networks in order to handle this urgent situation. The pandemic impacted the industry dynamics, forcing organizations to revamp their entire operation structures to maintain stability amid the disruptions. Aside from that, the companies' business operations have been affected by the outbreak, which has an effect on the overall consumer industry. This has partially impacted the badminton shoes market.

LATEST TRENDS

"Advanced Cushioning to Boost the Market Growth"

Advanced cushioning technology had become a significant trend in the player market. To better support, protect, and soothe players during rigorous gameplay, manufacturers were constantly developing. The midsole of many shoe makers' shoes now features cushioning systems made of gel. Excellent shock absorption provided by gel technology lessens the impact on athletes' joints during fast movements and landings. In order to increase overall comfort and responsiveness, several shoe models had air cushioning devices in the midsole that provided responsive and lightweight cushioning. In badminton shoes, ethylene-vinyl acetate (EVA) foam was frequently utilized as a cushioning substance. It is a favorite option for many players because it provides a nice blend of durability, support, and cushioning. The industry is anticipated to grow during the forecast period thanks to this trend. Thus, it is anticipated that the advanced cushioning will increase overall market sales. These new developments and varieties in product are mostly to blame for the market's overall growth.

Badminton Shoes Market SEGMENTATION

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• By Types 

Based on type, the market is classified into rubber sole & non-marking sole.

• By Application

Based on the market is categorized into men, women & kids.

DRIVING FACTORS

"Fashion and Style that Give the Market Extra Boost"

Fashion and style have become increasingly important factors in the Badminton Shoes industry. Although performance and utility are still important, shoe makers are starting to add fashionable looks to their product lines. Its designs now accommodate a variety of consumer tastes with a wide range of colors, patterns, and prints. Designs with striking patterns and chic color schemes are now commonplace. To create limited-edition collections of badminton shoes, manufacturers frequently work with renowned designers, athletes, or even fashion houses. These limited-edition releases create buzz and draw in purchasers who are interested in fashion. Consumers who value fashion are more likely to want lightweight, sleek shoe styles that not only deliver outstanding performance but also go well with their entire athletic look. As a result, the growth, and the increasing fashion and style will boost the market. It will contribute to the expansion of the consumer goods industry and it will improve the overall badminton shoes market growth.

"Technological Advancement to Encourage Market Expansion"

Numerous technological developments have been made in the shoe sector with the goal of enhancing shoe longevity, comfort, and performance. Modern lightweight materials, such as high-performance synthetic textiles and mesh, have been used by manufacturers to reduce shoe weight without sacrificing stability and support. In order to provide improved shock absorption and lessen impact on the feet during vigorous movements, advanced cushioning technologies, such as gel, air, or foam, are integrated into the midsole. On indoor court surfaces, outsole technology including non-marking rubber with specialized patterns and grooves provide enhanced grip and traction, preventing slippage during quick lateral movements. Over the course of the forecast period, the aforementioned factors are anticipated to affect sales of the industry. This will increase demand for the product and help the industry as a whole to expand. The product line expansion is helping the market to grow.

RESTRAINING FACTORS

"Raw Material Cost to Impede Market Expansion"

The market is hampered by changes in the price of raw materials. The total cost of production may change as a result of changes in the price of raw materials used in the production of shoes. Therefore, during the forecast period, these factors are anticipated to restrain market growth. But as time goes on, this issue will be resolved in some way. If this problem is fixed, the market will start to grow right away.

Badminton Shoes Market REGIONAL INSIGHTS

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"North America Dominating the Market Across the Globe"

The market for badminton shoes in North America has benefited from the region's expanding industrial development and a number of driving factors that have boosted the potential sectors because this region is the product's primary user. The rising product used in men; women & kids is boosting the badminton shoes market share. Trends toward rapid urbanization will support the market as a whole even more.

KEY INDUSTRY PLAYERS

"Leading Manufacturers to Boost Product Demand"

Study includes information on the market players and where they stand within the sector. Data is being collected and made available through proper research, mergers, technical advancement, growing production facilities, and cooperation. The study on materials offers details on manufacturers, regions, types, applications, sales channels, distributors, traders, dealers, research findings, and more.

List of Market Players Profiled

• Nike (U.S.)
• SOTX (U.S.)
• Puma (Germany)
• Adidas (Germany)

REPORT COVERAGE

The market segmentation by type and application is covered in great detail in the study. A wide range of participants, including current and potential market leaders, are examined in the study. A number of significant factors are expected to lead to a sizeable market expansion. In order to gain market insights, the research also looks at factors that could raise the share of badminton shoes industry. Forecasts for market growth over the anticipated time period are made in the report. Explaining why one region dominates the global market is the goal of regional research. A number of properly considered factors limit the industry's ability to expand. A strategic analysis of the market is also included in the research. It contains comprehensive market data.