Market movement
In 2024, sports footwear: (other than ski-boots, snowboard boots or cross-country ski footwear), with outer soles of rubber, plastics, leather or composition leather and uppers of leather trade exhibited slight decline, with global flows reaching $2,680,136,156 and a three-year compound annual growth rate of -2.2% (five-year: +0.6%). The all-time peak of $3,840,945,748 was recorded in 2008; the current level is 30% below that high-water mark.
Over the 30-year observation window (1995–2024), 69% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is steady (-2.7% acceleration).
The World Trade Flows Characterization classifies sports footwear: (other than ski-boots, snowboard boots or cross-country ski footwear), with outer soles of rubber, plastics, leather or composition leather and uppers of leather as "One-way trade" in the unclassified price segment, providing additional context for market positioning and competitive dynamics.
