Sports Shoes, Footwear & Accessories The sports shoes, footwear and accessories are referred to that garment that is worn by people on the feet that originally serves a protection purpose in opposition to environmental complications, usually with regards to temperature and textures. Footwear in shoes manner thus elementarily concerned with easiness in locomotion and prevention of injuries. The accessories are available with the dealers and buyers or sellers of shoes. These accessories include socks, insoles, fitness trackers, fitness equipment, monitor, electronics, bottles etc. Current Industrial Trends in the Market The athletic wear, footwear and accessories values around eighty billion bucks in 2015. Such market has been anticipated to expand on the basis of CAGR of almost 2% between 2015 and 2024. Increase amount of participation in the activities of fitness and sports and mushrooming global population would be some factors which get projected for driving a demand in global athletic footwear. This market is anticipated to witness a substantial amount of growth because of rise in the levels of disposable income, rise in awareness about lifestyles towards with more inclination towards health, growing retail market of e-commerce and demand for innovative and comfortable footwear. The rising market inclination towards practice and adoption of an healthy type of lifestyle as well as rising active participation of youth in sports or in related activities which is expected to get propelled demand for the market of athletic footwear. The market is more segmented into men, women and children as users. The segment of men accounted for the most heavily share of almost 60%, women sector is comprised of 30% in 2015. It has been projected that the sector for children will substantially grow at CAGR with increased sports facilities and school infrastructure. The market also contains sectors of distribution and retailing as channels into non-store and store based retailing. The retailing based on non-store is expected to consider a larger share in the market because of mushrooming reliance on the industry of e-commerce along with a wider scope for the offers of product. It can be speak location wise that the market can be studied and presented in terms of regions; for instance, North America, Asia Pacific and Europe. The region of Europe is expected to keep the greatest portion from the market in 2015 that was followed by the region of Asia Pacific. The region of Asia Pacific is projected to expand at the greatest CAGR of almost 8% between 2015 and 2024. Events from Global Market A growing range of preference for specialized and customized products has basically led the manufacturers to make investment in the activities of research and development to call and implement quality wise better and reliable products. In the era of 2014, a launch by Nike of lightweight sports shoe, named Free Flyknit, is important and must be recalled by the industry. This product was used for jogging and running. The product could gain a wide range of acceptance from the market because of its weight. It has high embedded fibres which used to strengthen and provide maximum amount of support as well as precision that is deemed as a better quality in terms of flexibility for muscles. There had been five major events marked by the industry in 2017. A tradeshow of CIFF was arranged in Copenhagen for the people who were obsessed with sneakers. The sneakers are called as a global trend. This was plain footwear previously and then it was adjusted into sport shoe industry but after attainment of high demand from the industry, it is deemed as a fashion statement. The show of Copenhagen was a must-visit for the people who were interested in buying footwear and accessories with a specific attention on active lifestyle and sneakers. There was another show in Milan for contemporary and commercial collections. The MICAM was occurred in the month of February with real brands and made it among those events which are in the list of most attended events for the sector of footwear and accessories. With contemporary and commercial collections for women, men and children at the show of international and domestic origin, the MICAM could take the attention of attendees from all over the world to vast and fast paced exhibition of Rho Fiera in Milan. Apart from extensive range of expo, the customers were delighted by the presentations by the team at the MICAM Square. For impeccably curated brands and independent designers, WOMAN is well-known in Paris and New York for its selection of small curated products. The brand showcased a strong independent designers’ selection in the show of Paris. For the show in New York, the attention had been on emerging and independent brands, but this time, they involved the talent from US also. A show in Berlin is deemed important for current market of menswear, called as SEEK. The trade show of SEEK was arranged in January with a great classification of major trends, specifically for men, casual and active. PREMIERE CLASSE is a well-renowned women fashion and style brand for shoes and accessories in Paris. A highlight about the brand is unconventional because it entirely focused on the classes and collections of accessories and footwear. The stronger edit brand made the destination for buyers more appealing in the world. Facts about Buyers and Suppliers The major players in the industry are: Adidas, Nike, New Balance, Asics, Adidas and VF Corporation. These are the companies which account for almost 80% of the entire share in the market. Adidas and Nike accounted for almost 35% and 45% respectively of the entire revenue that has been generated in the market of accessories, sports shoes and footwear. There are other prominent players or vendors; such as, Saucony, Vans, New Balance, converse, Skechers, Wolverine Inc., K-Swiss and Deckers Corporation along with others. Information about Pricing, Delivery, Inventory and Customization The products are available on stores as well as online too. There is an option of customization by which more likeable products can be developed for the purpose of use of a common man. The prices of sports shoe and accessories vary from country to country. Major Seller Countries and Importing CountriesA research has shown the opaque picture of the situation of the product in world market: This has been observed from the above-posted picture that USA leads the industry and assumed as a major importer of the product. Then, it is UK, Germany and Japan with minor differences. Other countries are France, Italy, Spain, UAE, Belgium and Russia which are called as the leading importers of sports shoes and footwear in 2016. The number that is placed at the edge of bar is the quantity of shoe pairs in million which were imported in the year 2016. In conclusion, it can be said that the product of sports shoes, footwear and accessories are belong to those line of products which come in the classification of wearable and must be used on daily basis. Such products must be developed and put on priority business dealings. There is a vast need of adoption of style and class in the worldwide production as the market is set which looks at the product more than just a needful use or for protective purposes. It is now known as a symbol of style among consumers.