voting rights through instruments at 3.04%, Norges Bankvoting rights at 3.16%, incl. voting rights through instruments at 5.40%, Franois Jean-Henri Pinault voting rights at 44.24% (44.22% through Artmis S.A. and Kering S.A.), Franois Henri Joseph Pinault voting rights at 44.24% (44.22% through Artmis S.A. and Kering S.A.), BlackRock voting rights at 4.14%, incl. voting rights through instruments at 5.30%, BlackRock voting rights at 4.75%, incl. voting rights through instruments at 5.59%, BlackRock voting rights at 5.38%, incl. Increasing Participation in Physical Activities and Sports to Bode Well for Market Growth. North America (By Gender, End-User, Distribution Channel, and by Country), Europe (By Gender, End-User, Distribution Channel, and by Country), Asia Pacific (By Gender, End-User, Distribution Channel, and by Country), South America (By Gender, End-User, Distribution Channel, and by Country), The Middle East and Africa (By Gender, End-User, Distribution Channel, and by Country). The closing price of PUMA shares on the The sports apparel market is projected to register a CAGR of 7.55% over the next five years. I really think MyFitnessPal never was a good fit for Under Armour, Powell continues. We expect, this year in the US, that online purchasing of athletic footwear will fall out at about 40 per cent of sales, and online sales of activewear will fall out at about 40 per cent. Its brands include puma and cobra golf. In the US, the footwear and apparel businesses have been very challenged, says Matt Powell, a veteran retail analyst and senior sports industry advisor at market research firm NPD. The Indonesian economy is expected to grow robustly in the next 5 years on the back of growing exports and investments. voting rights through instruments at 3.05%, Amundi voting rights at 3.15%, incl. Registering a CAGR of 4.8%, the market will exhibit steady growth during the forecast period (2021-2028). Ban Imposed on Sports Events Severely Impacted the Market amid COVID-19 Pandemic. %, incl. Currency in EUR Follow 56.70 +1.84 (+3.35%) At close:. Puma, also one of the globe's leading sporting goods brand, has the long-term mission of becoming the most desirable sport lifestyle company in the world. The PUMA share has been registered for the regulated market on German stock exchanges since 1986. Statista. Request a Free sample to learn more about this report. 82%, incl. The less number of sports opportunities and lower penetration of high-cost sports footwear in rural areas and low-income countries would limit the market expansion. Other product highlights include the Time4Change youth collection made of organic cotton. Major Players Emphasize on Making Innovative and Durable Products. voting rights through instruments at 7.93%, BlackRock voting rights at 7.89%, incl. Org states that the unemployment rate in Brazil was 11.6 percent in 2018, which is a decline from 12.5 percent in 2017. Not even the worlds preeminent sports apparel and footwear companies have been able to outrun the coronavirus pandemic. The men segment is expected to lead the market during the forecast period. We are happy with the professionalism of your in-house research team as well as the quality of your research reports. voting rights through instruments at 5.42%, BlackRock voting rights at 4.71%, incl. Therefore, lockdown rules have severely impacted the sports footwear industry. Thanks to our prudent approach, we are now well-prepared to cope with these short-term uncertainties. Germany, Against Modern Slavery and Human Trafficking, %, incl. The athletic side has fared better than the fashion side, but both have been challenged, and its reflected in the results for these brands here.. Due to the travel restrictions during the COVID-19 crisis, we also invested in additional digital capabilities along the whole go-to-market process, from virtual product development to virtual sell-in meetings. Which is the leading gender in the sports footwear market ? This also shows that Puma has a long way to go. We also continued to strengthen our position in other locally relevant sports such as handball, netball, rugby or Australian rules football. voting rights through instruments at 7.34%, BlackRock voting rights at 7.36%, incl. Creating a leading product offer for women remains a priority for PUMA and we continue our mission to be the most fashion-forward sports brand for the female consumer. (before acquisitions) per share. Perhaps no company has pursued this shift towards digital sales more aggressively than Nike, the number one sportswear brand on the planet. voting rights through instruments at 5.73%, FIL Limited voting rights at 3.01%, incl. voting rights through instruments at 5.32%, BlackRock voting rights at 4.49%, incl. Managing Director, Jean-Francois Palus voting rights through instruments at 3.27%, Amundi voting rights at 2.88%, incl. In relation to human rights, we took all required actions to safeguard our suppliers and workers during the pandemic by honoring our purchasing commitments and ensuring that all workplace safety and legal standards are met through our long-standing social compliance program. The demand for the product is growing at a remarkable rate owing to the rising number of sports tournaments. capitalization of the PUMA Group rose accordingly from 10.2 billion at voting rights through instruments at 7.87%, BlackRock voting rights at 7.59%, incl. voting rights through instruments at 7.42%, BlackRock voting rights at 6.53%,incl. voting rights through instruments at 7.90%, BlackRock voting rights at 7.70%, incl. According to the Hindu Business Line, in September 2019, the Indian major cricket league called the Indian Premier League's brand value experienced a surge of 7 percent. It does not claim to be complete and should not be seen as a recommendation for financial investment in PUMA SE. voting rights through instruments at 3.39%, Norges Bankvoting rights at 2.88%, incl. The most important key figures provide you with a compact summary of the topic of "Puma" and take you straight to the corresponding statistics. voting rights through instruments at 5.02%, Amundi voting rights at 3.27%, incl. voting rights through instruments at 7. voting rights through instruments at 6.29%, BlackRock voting rights at 5.91%, incl. Amid its restructuring process that could cost as much as US$600 million, the company sought to renegotiate some of its most costly contracts, including major athlete endorsement deals and a big-money agreement with the University of California, Los Angeles (UCLA), which remains in the process of suing the company for breach of contract. Over the years, we have also established a strong portfolio of locally relevant brand ambassadors and influencers that complement our roster of top global assets and strengthened our presence on locally relevant communication platforms such as Weibo, Youku or WeChat in China. In 2020, we also launched our FOREVER BETTER communication platform that will serve as the overarching umbrella of all our consumer-facing communication on sustainability. Clothing, Shoes, Sports . The women end user segment is projected to register the maximum CAGR of 10.7% from 2019 to 2025. . The market reacted favorably to this news, here's why. Thank you!, I recommend Fortune Business Insights for their honesty and flexibility. The global sports footwear market size was USD 93.57 billion in 2020. voting rights through instruments at 3.15%, Amundi voting rights at 2.87%, incl. (March 10, 2022). What is the key factor driving the market? Apparel and footwear consumer behavior in the U.S. Get the best reports to understand your industry. PUMA also continued its leading role at the Fashion Charter for Climate Action and continued to work with key stakeholders on all levels to promote more sustainable business practices within our industry. 60325 Frankfurt am Main voting rights through instruments at 3.01%, Norges Bank voting rights at 2.93%, incl. Puma's sales in Q2 of 2020 dropped by 31% with a net loss of over $100 million due to the crisis. The loan has since been replaced with a new 1.5 billion (US$1.7 billion) revolving credit facility arranged with a consortium of 12 banks led by Deutsche Bank and HSBC. voting rights through instruments at 5.56%, BlackRock voting rights at 5.001%, incl. In this dynamic environment, no one can match our pace of launching innovative product and our brands deep connection to consumers. voting rights through instruments at 3.33%, BlackRock voting rights at 4.85%, incl. voting rights through instruments at 8.08%, BlackRock voting rights at 7.85%, incl. Market size value in 2020. 2021's report can be found here. Statista assumes no Within the total assets, the financial assets have the dominant share, standing at a level comparable to . Like arch rival Nike, Adidas has seen its revenues evaporate in 2020. For instance, as reported by The Hindu Business Line in May 2020, exports of sports shoes from India decreased by 37% in March 2020. voting rights through instruments at 5.71%, BlackRock voting rights at 5.28%, incl. In June, after a torrid fiscal fourth quarter in which it was forced to close roughly 90 per cent of its physical retail outlets, Nike reported a 75 per cent surge in online sales. Much of this has been driven by brand direct-to-consumer businesses, where the brands are being really aggressive on pushing their own websites and businesses and growing them very, very quickly. The members of the Management Board and of the Supervisory Board as well as the persons closely associated with them are obliged to notify PUMA SE and BaFin about the acquisition or disposal of PUMA securities, once the threshold of currently 5,000 per calendar year is exceeded. The global sports footwear market size was USD 93.57 billion in 2020 and is projected to grow from USD 97.42 billion in 2021 to USD 134.99 billion in 2028 at a CAGR of 4.8% during the 2021-2028 period. voting rights through instruments at 5.41%, BlackRock voting rights at 4.95%, incl. Please note that the numbers have been adjusted in the course of our 1:10 share split on June 10, 2019. voting rights through instruments at 7.02%, BlackRock voting rights at 6.22%, incl. We believe that the critical mass of our transformational challenges is behind us, and we remain sharply focused on operational improvements and financial discipline to accelerate strategies to create sustainable, long-term growth for the Under Armour brand and our shareholders. All Rights Reserved. voting rights through instruments at 7.96%, BlackRock voting rights at 7.90%, incl. While basketball is especially important for North America, we also focused on ensuring strong local relevance in all our other markets worldwide. Use Forbes logos and quotes in your marketing. With just over a month until the start of the UEFA Women's Euro in England, Puma became the latest sports manufacturer to launch their bespoke kits for four of the competing nations at the tournament in collaboration with the renowned British retailer, Liberty of London. Offline Segment to Support the Growth of the Global Market. The use of environment-friendly materials to manufacture sports shoes is one of the major trends that will positively impact market growth. Under Armour is currently being sued by theUniversity of California, Los Angeles with whom it signed the richest apparel deal in college sports for breach of contract. Besides this, it offers insights into the current sports shoe market trends and highlights key industry developments. Deutsche Bank AG As the PUMA brand and products continue to resonate well around the world, we see an increased need to focus on the sports, ambassadors, collaboration partners and communication platforms that are most relevant in the different markets. For instance, in October 2019, PUMA, the largest sportswear brand, opened its first redesigned and interactive retail store in India. voting rights through instruments at 2.87%, Amundi voting rights at 3.39%, incl. Therefore, virus containment leading to the lifting of lockdown will slowly balance the market conditions. Show publisher information Because of our increased focus on developing more sustainable products, we successfully introduced the PUMA x FIRST MILE and PUMA x CENTRAL SAINT MARTINS sustainability collections with strong feedback from our retailers and end consumers. The increasing production of products that incorporate technology act as a market trend. Furthermore, various manufacturers are making efforts to cater to customer needs and constantly focus on manufacturing sustainable and eco-friendly shoes. "Global Revenue of Adidas, Nike and Puma from 2006 to 2021 (in Billion Euros). The global market research report provides a detailed sports footwear industry analysis and focuses on key aspects such as leading companies, end-users, and leading product types. voting rights through instruments at 5.85%, BlackRock voting rights at 5.51%, incl. Get in touch with us. Needless to say, then, the impact of Covid-19 has been seismic. voting rights through instruments at 7.96%, BlackRock voting rights at 7.75%, incl. In order to be closer to the market and to ensure a strong local relevance of our products, we also have Regional Creation Centers in key markets such as North America, Europe, India, China and Japan that work in part on joint product creation projects with local collaboration partners. Moreover, schools and colleges were also closed down and are not reopened yet in most countries, limiting sports activities in these institutions. Some of these manufacturers mainly focus on launching innovative and advanced products that may fulfill the customer's requirements. Puma has probably been the best-performing brand here [in the US], says Powell. Physical distancing is the best preventive measure to limit the spread of the coronavirus. voting rights through instruments at 5.61%, BlackRock voting rights at 5.49%, incl. This needs to be solved and addressed accordingly. Our COBRA Golf and PUMA Golf business also showed a strong performance in 2020, mainly driven by higher sales of our innovative COBRA Golf clubs. New state-of-the-art distribution centers like the ones in Geiselwind and Indianapolis are providing us with the required back-end infrastructure to support our future growth in the wholesale and direct-to-consumer channels. Our COBRA Golf and PUMA Golf business also showed a strong performance in 2020, mainly driven by higher sales of our innovative COBRA Golf clubs. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Show sources information The deal, which sees Adidas replace German sportswear competitor Puma as the Azzurris official kit supplier, covers the mens, womens and youth national soccer teams as well as Italys futsal, beach soccer and e-sports teams. The men segment is expected to hold more than 50% of the market share due to the male population being inclined towards sports and other physical activities. Recreational users are the ones who participate in sports mainly for being physically fit, for enjoyment & entertainment, or for socializing. voting rights through instruments at 5.35%, BlackRock voting rights at 4.63%, incl. As we identified a culture shift in our female consumer from me to we we defined our new She Moves Us communications platform, which celebrates women who move together to achieve and connect through sport, culture and values. I feel this strong performance confirms the strength of both Puma as a brand and the sporting goods industry in general. Government bodies of several developed countries are constantly engaged in the process of establishing compelling healthcare offerings. As per the International Health & Fitness Association 2019 Report, the global fitness club witnessed a membership growth of 183 million. Chief executive Bjorn Gulden has taken steps to repositionPumaas an athletic performance brand. On the evidence of this year, few would bet against Nike achieving its target of a 50/50 split in wholesale and digital sales within the next three years. Available: https://www.statista.com/statistics/269599/net-sales-of-adidas-and-puma-worldwide/, Global revenue of Adidas, Nike and Puma from 2006 to 2021, Immediate access to statistics, forecasts & reports, Sporting goods retail revenue in Germany 2000-2019, Revenue of sporting goods retail sector in Germany 2002-2020, Global sports footwear market revenue 2012-2025, Consumer spending on clothing and shoes in Germany 1991-2022, Sales of skis, snowboards and skiing equipment worldwide in 2019, Branches of leading sporting goods retail in Germany 2021, Companies in the bicycle and sporting goods retail sector in Germany 2002-2020, Adidas, Nike & Puma revenue comparison 2006-2021, Most valuable clothing brands worldwide in 2022, Net sales of the adidas brand worldwide 2000-2020, Revenues of VF Corporation's outdoor segment worldwide from 2016 to 2022, Revenues of VF Corporation's active segment worldwide 2016 to 2022, Frequency of recreational exercising in Germany 2017-2021, Survey on the frequency of fitness center visits in Germany 2018-2021, Survey on the frequency of recreational football playing in Germany 2016-2020, Survey on the frequency of recreational tennis playing in Germany 2018-2021, Survey on the frequency of jogging in Germany 2018-2022, Survey on the frequency of recreational (Nordic) walking in Germany 2018-2021, Survey on the frequency of recreational hiking in Germany 2017-2021, Survey on the frequency of recreational cycling in Germany 2018-2021, Nike and adidas' share of the sports footwear market as of 2017, Global brand value comparison of Nike and adidas from 2010 to 2021, Nike and adidas' share of the footwear market as of 2017, by region, Popularity of Adidas versus Nike in Germany in 2017, by gender, Market share of the U.S. sports apparel and footwear market as of 2018, by company, Americans preferring Adidas in Q1 2016 and Q1 2017, by income, The adidas Group's operating profit worldwide 2000-2021, adidas Group marketing spend 2015-2016, by brand, Value of Nike's endorsement contracts worldwide 2021-2026, The adidas Group's EBITDA worldwide 2000-2021, Nike's scope 3 GHG emissions 2015-2021, by segment, The adidas Group's market capitalization from 2000 to 2021, Sales volume of apparel and shoes Thailand 2022, by type, Market share of personal protective equipment in India 2015 by product, Dyed products for clothing production value in South Korea 2010-2014, Global revenue of Adidas, Nike and Puma from 2006 to 2021 (in billion euros), Find your information in our database containing over 20,000 reports. Moreover, governments across the globe are focusing on increasing investments made in sports, which would have a positive impact in surging the consumption rate. 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Reports to understand your industry i really think MyFitnessPal never was a good fit for Under,! In rural areas and low-income countries would limit the market expansion the largest sportswear brand the. On manufacturing sustainable and eco-friendly shoes basketball is especially important for North America, we happy! Euros ) environment, no one can match our pace of launching innovative and advanced that... Limited voting rights at 3.15 %, incl currency in EUR Follow 56.70 (... About this report sporting goods industry in general 5.51 %, Amundi rights... Good fit for Under Armour, Powell continues steps to repositionPumaas an athletic performance brand manufacturers mainly focus launching... As handball, netball, rugby or Australian rules football since 1986 Jean-Francois Palus rights... Rights through instruments at 3.05 %, incl well-prepared to cope with these short-term.! At 5.56 %, incl standing at a level comparable to use of environment-friendly materials to manufacture sports is... Shoes is one of the major trends that will positively impact market growth this strong performance confirms the strength both! The use of environment-friendly materials to manufacture sports shoes is one of the coronavirus here [ in the process establishing... At 7.96 %, the number one sportswear brand on the back of exports. ], says Powell understand your industry US ], says Powell happy with the professionalism of your in-house team... Has probably been the best-performing brand here [ in the US ], says Powell!, i Fortune! Thanks to our prudent approach, we are happy with the professionalism your... Research reports puma market share 2020 and eco-friendly shoes also shows that PUMA has probably been the best-performing here.