The global chunky sneaker market was worth US$ 44.26 Billion in the year 2022 and is expected to reach US$ 68.73 Billion by the year 2032 at a CAGR of 4.5% between 2022 and 2032.
The current scenario is that of preference for sustainable footwear. The leading players such as Nike, Puma, Adidas have opted for doling out environmentally-friendly sneakers. Vegan leather is used for making these sneakers. As such, PVC is found in abysmal quantity. Brands such as Yeezy are even using algae for creating their Foam Runner line.
The options available as of now include the Boost 700 from Adidas Yeezy, Novesta’s Star Master, Arket’s Veja Campo, and Stella McCartney’s Vegan Leather Sneakers.
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Road running footwear have been made for brief excursions onto the compact terrain, that too, with minimal imperfections. They are conducive to runners using road, tracks, or treadmills. Road running footwear has a flatter, smoother sole for providing a running surface on the paved roads.
Gore-Tex is amongst the popular waterproof membranes. However, there are numerous alternative options that are serving the purpose.
Future Market Insights has entailed these facts with insights in its latest market study entitled ‘Chunky Sneaker Market’. It has its team of analysts and consultants to deploy a 360-degree view in its primary, secondary, and tertiary modes of research.
“With fashion industry being subject to continuous innovation, the global chunky sneaker market is bound to grow noticeably in the forecast period”, says an analyst from Future Market Insights.
Key Takeaways from Chunky Sneaker Market
- North America holds the largest market share with the US adopting renditions of their own. Everlane is the one launching project on ‘Sustainable Chunky Sneaker’ or ‘Dad Shoe Market’. It took two years for the sneaker to get created. Everlane is known for its dedication to eco-friendliness. The sneakers do have carbon footprint made from 100% Vietnamese leather, natural rubber, and recycled rubber.
- Espresso (one of the cult shoes from Japanese brand ‘Northwave’) had been inspired by the snowboard boots. This sneaker is amongst the favorites on Harajuku streets and was mentioned in ‘Sneaker Tokyo Vo. 2’ by ‘Hiroshi Fujiwara’.
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Competitive Sneakers
- Tremaine Emory, in October 2020, collaborated with Converse for adapting African-American flag into Chuck 70 shoe’s canvas. The basic purpose of this partnership was that of encouraging discussion regarding modern Black American experience and embark upon change toward a better future.
- Puma SE, in October 2021, did establish the biggest store in Gurugram (India). This store is enabled digitally for drawing in techno savvy clients who are demanding the purchases online.
What does the Report sneak through?
- The research study is based on type (road, treadmill, trail, mud, and snow), waterproofing (waterproof and water repellent), consumer orientation (men, women, and kid), price range (below US$ 20, US$ 20 – US$ 50, US$ 50 – US$ 100, and above US$ 100).
- With retro-inspired variety replacing traditional chunky sneakers, the global chunky sneaker market is expected to grow on an unstoppable note in the forecast period.
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The Chunky Sneaker Market by Category
By Type :
- Road
- Treadmill
- Trail
- Mud
- Snow
By Waterproofing :
- Waterproof
- Water Repellent
By Consumer Orientation :
- Men
- Women
- Kid
By Price Range :
- Below US$ 20
- US$ 20 to US$ 50
- US$ 50 to US$ 100
- Above US$ 100
About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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