According to newly released data by Future Market Insights (FMI), the Chunky Sneaker Market is estimated at US$ 44,254.3 Million in 2022 and is projected to reach US$ 68,725.6 Million by 2032, at a CAGR of 4.50% from 2022 to 2032.
With the resurgence of the chunky sneaker trend, there has been a noticeable surge in the number of people in major cities worldwide embracing the hype. As the trend gains momentum, so does the demand for chunky sneakers. This increasing demand has prompted numerous brands to create their own innovative chunky sneaker designs. As more consumers make purchases, the production of chunky sneakers is expected to further escalate. It’s all about the fundamental principles of supply and demand, my friends.
They are referred to by one segment of society as “simply casual dad shoes” and by another as “the next big thing in fashion.” Regardless of the ongoing argument, these adaptable clunky sneakers have made a significant reappearance this year.
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It was high time for a sustainable option in the sneaker industry, considering the detrimental impact of the fashion sector on the environment. Major sports brands such as Puma, Nike, and Adidas have taken deliberate steps to manufacture eco-friendly sneakers. These sneakers are crafted using vegan leather with minimal PVC content. Additionally, brands like Yeezy have utilized locally grown algae to create their latest Foam Runner line.
Customers who are more likely to buy these bulky trainers undoubtedly want to make a statement, whether or not they are aware of it. Over the previous 12 months, chunkier soles, brighter colours, and increased attention to detail have all been seen on sneakers. Take the Balenciaga Triple S, a large shoe with three stacked sole portions that instantly caught the attention of social media users and sneakerheads.
“The Chunky Sneaker Market to greater heights because of increase attention seen on sneaker and social media users and sneakerhead.” Says an FMI analyst.
Key Takeaways:
- Through 2032, Men Chunky Sneaker Market is expected to hold a significant market share in terms of Chunky Sneaker Market.
- Application Type, through 2032, demand will continue to increase in the Male Segment by xx%.
- North America shares the major share in the Chunky Sneaker Market by xx%.
- Speciality Stores shares the major share is xx% in the Chunky Sneaker Market.
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Who is winning?
Leading players operating in the Chunky Sneaker Market are
- Puma
- Balenciaga
- Louis Vuitton
- Adidas
- A.P.C.
- Nike
- Gucci
- Fila
- Champion
- Topshop
- Jeffrey Campbell
- Sketchers
- Ash
- Treton
- Off-White and among others
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 – US$ 50
- US$ 50 – US$ 100
- Above US$ 100
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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