Track and Field Spikes Market: To Increase At Steady Growth Rate 2020 - 2030
The global track and field shoes market exhibits a consolidated structure, finds a report by Transparency Market Research (TMR). The top five players in this market, namely Nike Inc., Adidas AG, PUMA, Asics Corp., and New Balance, together held more than 60% in this market in 2016. As these key players are aggressively focusing on product innovation and advancements in the current offerings to gain greater visibility, the competition within the market is likely to intensify further in the years to come. As per TMR’s estimations, the global market for track and field spikes stood at US$13.13 bn in 2016. Progressing at a CAGR of 2.90% over the period from 2017 to 2025, the opportunity in this market is likely to rise to US$16.88 bn by the end of the forecast period. Over the same period of time, the market is anticipated to touch 262.8 million shipment units in 2025. Request For Covid19 Impact Analysis Across Industries And Markets @ https://www.transp...