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    Mens Sneakers Market

    ID: MRFR/CR/23220-HCR
    111 Pages
    Snehal Singh
    October 2025

    Mens Sneakers Market Research Report: By Type (Running Sneakers, Training Sneakers, Basketball Sneakers, Lifestyle Sneakers, Skateboarding Sneakers), By Material (Leather, Synthetic Leather, Textile, Mesh, Suede), By Closure Type (Lace-up, Slip-on, Velcro, Buckle), By Price Range (Low-Priced (Under US$100), Mid-Priced (US$100-US$200), High-Priced (Over US$200)), By Usage (Athletic Activities, Casual Wear, Performance Wear, Sports Competitions) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Fo...

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    Mens Sneakers Market Infographic
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    Mens Sneakers Market Summary

    The Global Mens Sneakers Market is projected to grow from 105.27 USD Billion in 2024 to 174.14 USD Billion by 2035.

    Key Market Trends & Highlights

    Mens Sneakers Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 4.68 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 174.2 USD Billion, reflecting robust growth.
    • in 2024, the market is valued at 105.27 USD Billion, indicating a strong foundation for future expansion.
    • Growing adoption of innovative sneaker designs due to increasing consumer demand for comfort and style is a major market driver.

    Market Size & Forecast

    2024 Market Size 105.27 (USD Billion)
    2035 Market Size 174.14 (USD Billion)
    CAGR (2025-2035) 4.68%

    Major Players

    Nike, Adidas, New Balance, Asics, Lacoste, Puma, Hugo Boss, Jordan, Converse, Reebok, Fila, Skechers, Vans, KSwiss, Tod's, Under Armour

    Mens Sneakers Market Trends

    The Mens Sneakers Market is a dynamic and rapidly evolving sector, driven by evolving consumer preferences, technological advancements, and the rise of e-commerce. Key market drivers include the growing popularity of athleisure wear, the increasing demand for comfortable and stylish footwear, and the proliferation of online marketplaces. Opportunities for exploration and capture lie in the expansion of emerging markets, the integration of innovative materials and technologies, and the personalization of products to meet individual needs.

    Recent trends in the Mens Sneakers market include the increasing popularity of retro and vintage styles, the emergence of sustainable and eco-friendly footwear, and the growing adoption of wearable technology. Collaboration between brands and influencers, the rise of subscription services, and the expansion of omnichannel retail strategies are shaping the market landscape.

    The global men's sneakers market appears to be experiencing a notable shift towards sustainable materials and innovative designs, reflecting a growing consumer preference for environmentally conscious products.

    U.S. Department of Commerce

    Mens Sneakers Market Drivers

    Market Trends Visualization

    Rising Health Consciousness

    The increasing awareness of health and fitness among consumers appears to be a primary driver of the Global Mens Sneakers Market Industry. As more individuals prioritize physical activity, the demand for athletic footwear, particularly sneakers, is likely to rise. This trend is evidenced by the growing participation in sports and fitness activities globally, which has led to a projected market value of 105.3 USD Billion in 2024. Brands are responding by innovating designs that cater to both performance and lifestyle needs, thereby expanding their consumer base and enhancing market growth.

    Globalization and Market Expansion

    The globalization of the sneaker market has opened new avenues for growth within the Global Mens Sneakers Market Industry. As brands expand their reach into emerging markets, they encounter diverse consumer preferences and demands. This expansion is supported by international trade agreements and improved logistics, enabling brands to penetrate new regions effectively. The increasing popularity of sports and casual footwear in developing countries is expected to contribute to market growth, with projections indicating a robust increase in market value over the next decade.

    Fashion Trends and Lifestyle Changes

    The evolving fashion landscape, where sneakers are increasingly viewed as a staple in casual and formal attire, significantly influences the Global Mens Sneakers Market Industry. This shift in perception has led to a surge in demand for stylish and versatile sneaker designs. As consumers seek footwear that complements their lifestyle, brands are adapting by offering a diverse range of products. This trend is expected to contribute to the market's growth, with projections indicating a market value of 174.2 USD Billion by 2035, highlighting the potential for sustained expansion driven by fashion-forward consumers.

    Technological Advancements in Footwear

    Innovations in sneaker technology, such as improved cushioning, breathability, and sustainability, are likely to propel the Global Mens Sneakers Market Industry forward. Brands are increasingly investing in research and development to enhance performance features and reduce environmental impact. For instance, the integration of eco-friendly materials and smart technology in sneakers reflects a growing consumer preference for sustainable products. This focus on innovation not only attracts environmentally conscious buyers but also positions brands competitively in a market projected to grow at a CAGR of 4.68% from 2025 to 2035.

    E-commerce Growth and Digital Marketing

    The rise of e-commerce platforms and digital marketing strategies has transformed the way consumers purchase sneakers, significantly impacting the Global Mens Sneakers Market Industry. Online shopping provides consumers with greater access to a wide variety of brands and styles, facilitating informed purchasing decisions. This shift has led to increased sales and brand visibility, as companies leverage social media and online advertising to reach target audiences. The convenience of online shopping is likely to continue driving market growth, as consumers increasingly prefer the ease of purchasing footwear from the comfort of their homes.

    Market Segment Insights

    Mens Sneakers Market Type Insights  

    The Mens Sneakers Market is segmented by Type into Running Sneakers, Training Sneakers, Basketball Sneakers, Lifestyle Sneakers, and Skateboarding Sneakers. Running Sneakers is the largest segment of the market in terms of revenue, accounting for around 38.5% of the market share in 2023. The growth of this segment is attributed to increasing participation in running and fitness activities.

    In 2023, the Running Sneakers segment was valued at around USD 37.14 Billion and is projected to reach USD 44.5 Billion by 2032, growing at a CAGR of 3.6%.Training Sneakers is the second largest segment of the market, accounting for around 26.3% of the market share in 2023. This segment is expected to grow at a CAGR of 3.8% during the forecast period, reaching a value of USD 29.9 Billion by 2032. The growth of this segment is attributed to the increasing popularity of gym-based workouts and fitness regimes.

    Basketball Sneakers is the third largest segment of the market, accounting for around 18.7% of the market share in 2023. This segment is driven by the growing popularity of basketball and the increasing number of professional basketball players.In 2023, the Basketball Sneakers segment was valued at around USD 18.0 Billion and is projected to reach USD 22.6 Billion by 2032, growing at a CAGR of 4.0%. Lifestyle Sneakers is the fourth largest segment of the market, accounting for around 12.5% of the market share in 2023.

    This segment is driven by the growing trend of wearing sneakers as informal or casual shoes. In 2023, the Lifestyle Sneakers segment was valued at around USD 12.1 Billion and is projected to reach USD 15.7 Billion by 2032, growing at a CAGR of 4.2%. Skateboarding Sneakers is the smallest segment of the market, accounting for around 4.0% of the market share in 2023.This segment is expected to grow at a CAGR of 4.5% during the forecast period, reaching a value of USD 3.8 Billion by 2032.

    The growth of this segment is attributed to an increase in the popularity of skateboarding as a sport and recreational activity.

    Mens Sneakers Market Material Insights  

    The  Mens Sneakers Market is segmented by Material into Leather, Synthetic Leather, Textile, Mesh, and Suede. The Leather segment held the largest market share in 2023, accounting for nearly 40% of the  market revenue. The high demand for leather sneakers can be attributed to their durability, breathability, and timeless appeal. Synthetic Leather is the second largest segment and is expected to grow at a CAGR of 5.2% during the forecast period.

    The increasing adoption of synthetic leather in the manufacturing of sneakers is due to its affordability, durability, and resemblance to genuine leather.The Textile segment is projected to grow at a CAGR of 4.8% during the forecast period. Textile sneakers are lightweight, breathable, and come in a wide range of colors and designs, making them popular among consumers. The Mesh segment is expected to grow at a CAGR of 4.6% during the forecast period. Mesh sneakers are lightweight, breathable, and offer good ventilation, making them ideal for athletic activities.

    The Suede segment is expected to grow at a CAGR of 4.2% during the forecast period. Suede sneakers are known for their unique texture and durability, making them a popular choice for casual and streetwear fashion.

    Mens Sneakers Market Closure Type Insights  

    The Closure Type segment of the  Mens Sneakers Market is anticipated to exhibit significant growth in the coming years. Lace-up sneakers continue to dominate the market, accounting for over 55% of the revenue share in 2023. Their popularity stems from the secure fit and customizable lacing system they offer. Slip-on sneakers, with their ease of wear, are projected to witness a steady rise, capturing around 25% of the market share by 2032.

    Velcro sneakers, favored for their convenience and quick fastening, are estimated to hold a notable market position.Buckle sneakers, known for their unique and stylish designs, are anticipated to gain traction, albeit with a smaller market share compared to other closure types. These insights highlight the evolving preferences of consumers, with comfort, style, and functionality driving their choices in the Mens Sneakers Market.

    Mens Sneakers Market Price Range Insights  

    The Mens Sneakers Market segmentation by Price Range comprises Low-Priced (Under US$100), Mid-Priced (US$100-US$200), and High-Priced (Over US$200). The mid-priced segment held the largest market share in 2023, capturing approximately 45% of the  Mens Sneakers Market revenue. This segment is expected to continue its dominance throughout the forecast period, driven by the growing preference for branded and stylish sneakers among consumers.

    The low-priced segment is projected to witness significant growth over the coming years, owing to the increasing popularity of budget-friendly options and the rising demand from emerging markets.The high-priced segment is expected to grow at a steady pace, catering to the needs of luxury and premium sneaker enthusiasts.

    Mens Sneakers Market Usage Insights  

    The Usage segment is a key factor in understanding the  Mens Sneakers Market. By analyzing the Usage segment, companies can gain insights into the specific needs and preferences of customers, enabling them to develop targeted marketing strategies.

    Mens sneakers designed specifically for athletic activities such as running, basketball, and tennis, account for a significant portion of the  Mens Sneakers Market revenue. These sneakers are engineered to provide support, cushioning, and stability during workouts and athletic competitions.Mens sneakers intended for everyday casual wear represent a substantial segment of the market. These sneakers are designed to be comfortable, stylish, and versatile, catering to the growing athleisure trend.  

    Mens sneakers tailored for performance-oriented activities, such as hiking, trail running, and obstacle courses, are gaining popularity. These sneakers offer specialized features like waterproof membranes, rugged outsoles, and ankle support.  

    Mens sneakers specifically designed for professional and amateur sports competitions are a niche segment within the market. These sneakers are engineered to meet the exacting demands of athletes, providing optimal performance and protection.

    Get more detailed insights about Mens Sneakers Market Research Report- Global Forecast till 2034

    Regional Insights

    The  Mens Sneakers Market is anticipated to witness considerable growth in the coming years. Regionally, the market is categorized into North America, Europe, Asia-Pacific (APAC), South America, and the Middle East Africa (MEA). In 2024, North America held the largest market share, followed by Europe and APAC. The APAC region is projected to exhibit a significant CAGR during the forecast period due to the increasing disposable income and growing popularity of athleisure footwear. Moreover, the rising urbanization and changing lifestyle preferences are expected to drive market growth in South America and MEA.

    Mens Sneakers Market By Region

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    The companies working in the Mens Sneakers Market industry tend to strive to take over the increasingly larger part of the market. They achieve it by creating ever-new products, seizing the new available distribution channels and intensifying their marketing efforts. The biggest companies working in Mens Sneakers Market work actively on their technologies, trying to create new products that will meet the changing needs of customers. Many of the companies are trying to increase their product offerings, capturing various Mens Sneakers Market segments, such as casual, sport or luxury shoes.

    There are more and more partnerships and mergers seen on the Mens Sneakers Market, these businesses are often aimed at providing their customers more value, using their new partners’ resources to the advantage of both parties. It must be expected that Mens Sneakers Market will remain very competitive, with new products and new businesses appearing and trying to adapt to the changing conditions.

    Nike as a leader of Mens Sneakers Market industry benefits from a very strong brand and loyal customers. The company offers various sneakers to its customers, from the sportiest ones to the casual mens sneakers. Nike puts much emphasis on innovation and the quality of its technologies, such as the Flyknit material or the Air Max system. Nike shoes are sold through a very wide network and is available in over 160 countries. It has been widely recognized for its sustainable development commitment and promises to make its products more environmentally friendly.

    An important competitor of Mens Sneakers Market leader, Nike, is Adidas. The company sells various sneakers, from the performance to more casual men’s sneakers. Adidas has developed a strong network of distribution in more than 160 countries. The company is also well-known for its brand, its innovative technologies, such as the Boost technologies. Like Nike, the company is very committed to sustainability and has been improving the environmental-friendliness of its products.

    Key Companies in the Mens Sneakers Market market include

    Industry Developments

    • Q2 2024: Nike Appoints Craig Williams as President, Jordan Brand Nike announced the appointment of Craig Williams as President of its Jordan Brand, effective May 2024. Williams will oversee global strategy and operations for the iconic men's sneaker line.
    • Q2 2024: adidas and Fear of God Announce Global Partnership Adidas and Fear of God announced a global partnership to launch a new line of men's sneakers, with the first collection set to debut in late 2024.
    • Q2 2024: PUMA Opens New Manufacturing Facility in Vietnam PUMA opened a new manufacturing facility in Ho Chi Minh City, Vietnam, in April 2024 to expand production capacity for its men's sneaker lines.
    • Q2 2024: Allbirds names Annie Mitchell as new CFO Allbirds, known for its sustainable men's sneakers, appointed Annie Mitchell as Chief Financial Officer in May 2024 to lead the company’s financial strategy.
    • Q3 2024: On Running Raises $200 Million in Private Placement Swiss sneaker brand On Running raised $200 million in a private placement in July 2024 to accelerate global expansion of its men's performance sneaker offerings.
    • Q3 2024: Nike launches Air Max Dn, a new innovation in men's sneakers Nike launched the Air Max Dn in August 2024, introducing a new cushioning technology aimed at the men's sneaker market.
    • Q3 2024: Under Armour and Steph Curry Extend Partnership Through 2029 Under Armour and NBA star Steph Curry extended their partnership through 2029, with new men's sneaker releases planned under the Curry Brand.
    • Q4 2024: Foot Locker Appoints Mary Dillon as CEO Foot Locker, a major retailer of men's sneakers, appointed Mary Dillon as CEO in October 2024 to drive growth and digital transformation.
    • Q4 2024: Nike Opens New Flagship Store in Shanghai Nike opened a new flagship store in Shanghai in November 2024, featuring an expanded men's sneaker section and interactive retail experiences.
    • Q1 2025: adidas Launches Sustainable Sneaker Collection for Men Adidas launched a new sustainable sneaker collection for men in January 2025, using recycled materials and innovative manufacturing processes.
    • Q1 2025: Sneaker startup KicksOnFire raises $30M Series B KicksOnFire, a digital platform for men's sneaker releases and resales, raised $30 million in Series B funding in February 2025 to expand its technology and global reach.
    • Q2 2025: New Balance Opens European Distribution Center in Belgium New Balance opened a new European distribution center in Belgium in April 2025 to support growing demand for its men's sneaker products across the continent.

    Future Outlook

    Mens Sneakers Market Future Outlook

    The Global Mens Sneakers Market is projected to grow at a 4.68% CAGR from 2025 to 2035, driven by increasing consumer demand for performance footwear and sustainable materials.

    New opportunities lie in:

    • Develop eco-friendly sneaker lines to cater to environmentally conscious consumers.
    • Leverage digital marketing strategies to enhance brand visibility among younger demographics.
    • Expand into emerging markets with tailored product offerings to capture new customer segments.

    By 2035, the market is expected to exhibit robust growth, reflecting evolving consumer preferences and innovative product developments.

    Market Segmentation

    Mens Sneakers Market Type Outlook

    • Running Sneakers
    • Training Sneakers
    • Basketball Sneakers
    • Lifestyle Sneakers
    • Skateboarding Sneakers

    Mens Sneakers Market Usage Outlook

    • Athletic Activities
    • Casual Wear
    • Performance Wear
    • Sports Competitions

    Mens Sneakers Market Material Outlook

    • Leather
    • Synthetic Leather
    • Textile
    • Mesh
    • Suede

    Mens Sneakers Market Regional Outlook

    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    Mens Sneakers Market Price Range Outlook

    • Low-Priced (Under US$100)
    • Mid-Priced (US$100-US$200)
    • High-Priced (Over US$200)

    Mens Sneakers Market Closure Type Outlook

    • Lace-up
    • Slip-on
    • Velcro
    • Buckle

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024  105.27 (USD Billion)
    Market Size 2025  110.20 (USD Billion)
    Market Size 2035 174.14 (USD Billion)
    Compound Annual Growth Rate (CAGR) 4.68% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2023
    Market Forecast Units USD Billion
    Key Companies Profiled New Balance, Asics, Lacoste, Nike, Puma, Hugo Boss, Adidas, Jordan, Converse, Reebok, Fila, Skechers, Vans, KSwiss, Tod's, Under Armour
    Segments Covered Type, Material, Closure Type, Price Range, Usage, Regional
    Key Market Opportunities 1 Increasing popularity of athleisure wear2 Growing consumer demand for sustainable products3 Expansion of ecommerce channels4 Technological advancements in sneaker design5 Rise of limited-edition and collaborations
    Key Market Dynamics Rising consumer demand for comfort and style Growing popularity of athleisure and streetwear Technological advancements in sneaker design Increasing disposable income in emerging markets Expansion of online retail channels
    Countries Covered North America, Europe, APAC, South America, MEA

    FAQs

    What is the market size of the Mens Sneakers Market?

    The Mens Sneakers Market is expected to reach a valuation of USD 105.27 Billion in 2024 and is projected to expand at a CAGR of 4.7% to reach USD 166.36 Billion by 2034.

    What are the key growth drivers of the Mens Sneakers Market?

    The growth of the Mens Sneakers Market is attributed to factors such as rising disposable income, increasing participation in sports and fitness activities, growing fashion consciousness, and the expansion of e-commerce platforms.

    Which region is expected to hold the largest market share in the Mens Sneakers Market?

    North America is expected to hold the largest market share in the Mens Sneakers Market, owing to the presence of a large consumer base, well-established distribution channels, and a strong sporting culture.

    Who are the key competitors in the Mens Sneakers Market?

    Key competitors in the Mens Sneakers Market include Nike, Adidas, Puma, New Balance, Asics, Vans, Skechers, Converse, Reebok, and Under Armour.

    What are the major applications of Mens Sneakers?

    Mens Sneakers are primarily used for sports and fitness activities, but they have also become popular for casual wear, fashion, and lifestyle purposes.

    What are the challenges faced by the Mens Sneakers Market?

    The Mens Sneakers Market faces challenges such as intense competition, fluctuations in raw material prices, and changing consumer preferences.

    What is the expected growth rate of the Mens Sneakers Market?

    The Mens Sneakers Market is projected to grow at a CAGR of 4.7% from 2025 to 2034.

    What are the key trends shaping the Mens Sneakers Market?

    Key trends shaping the Mens Sneakers Market include the rise of athleisure wear, the increasing popularity of online shopping, and the growing demand for sustainable and eco-friendly products.

    What are the potential opportunities for growth in the Mens Sneakers Market?

    Potential opportunities for growth in the Mens Sneakers Market include expanding into emerging markets, introducing innovative products, and leveraging digital marketing channels.

    What are the key strategies adopted by players in the Mens Sneakers Market?

    Key strategies adopted by players in the Mens Sneakers Market include product innovation, strategic partnerships, celebrity endorsements, and targeted marketing campaigns.

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