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The Mexico athletic footwear market size is projected to grow at a CAGR of 3.5% between 2024 and 2032. The market is being driven by the rising health consciousness and an increasing interest in sports activities.
Guanajuato is the hub of footwear manufacturing in Mexico. Its high-quality infrastructure and good connectivity with American states provide a significant opportunity for US businesses to benefit from nearshoring athletic footwear manufacturing operations in Mexico. This is expected to drive the Mexico athletic footwear market growth in the coming years.
Mexico specialises in the production of leather shoes and its exports have risen steadily over time. Guanajuato, which accounts for 70% of total shoe production in Mexico, houses 696 leather tanneries which provide high-quality leather to shoe manufacturing companies. The rising popularity of sports events and increasing health consciousness are expected to propel the Mexico athletic footwear market growth as an increasing number of people switch towards running/jogging and playing games like soccer to boost their physical fitness.
With the growing trend of athleisure and the rising customer desire for comfort, the demand for athletic shoes that can be enjoyed in active leisure time is rising. To capitalise on this trend, key players are offering athletic shoes with enhanced comfortability, breathability, and performance.
In addition to this, sustainability has emerged as a prominent factor aiding the Mexico athletic footwear market expansion. Brands are focusing on innovative material developments and using biodegradable, sustainable, and upcycled materials to limit carbon emissions. In the forecast period, technological advancements and innovations are also likely to boost the development of athletic footwear with improved fit, fine-tuned grip, and smart materials.
Mexico Athletic Footwear Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments
Market Breakup by Type
Market Breakup by End User
Market Breakup by Distribution Channel
Market Breakup by Region
The key market players are Nike, Inc., Puma SE, Adidas Mexico S.A de C.V, Fila Mexico., and Reebok Mexico, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
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Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 3.5% between 2024 and 2032.
The different distribution channels in the market include online and offline.
The major end users of athletic footwear include men, women, and kids.
The different segments considered in the market report are sports, running & walking shoes, hiking & backpacking shoes, and aerobics & gym wear shoes.
The major regions in the market include Baja California, Northern Mexico, The Bajío, Central Mexico, Pacific Coast, and Yucatan Peninsula.
The key market players are Nike, Inc., Puma SE, Adidas Mexico S.A de C.V, Fila Mexico., and Reebok Mexico, among others.
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Vietnam
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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