Global Basketball Shoes Market Expected to Hit US$ 5 Bn by 2022

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According to Fact.MR’s research report on the global basketball shoes market is reflecting a sluggish CAGR during the forecasted period of 2017-2022.

Basketball shoes are one of the basketball game accessories which professionals as well as amateurs use while playing. These shoes provide comfort, firmness and grip and along with the much needed ankle protection. Apart from foot health, these shoes are also stylish, depending upon the brand and come in various designs, features, prices and sizes. The main disadvantage of these shoes is the harmful chemicals that are released while manufacturing them along with them getting damaged due to attack from external agents (for example moisture) due to low grade material or wrong manufacturing. North America region is expected to show higher lucrativeness for the global basketball shoes market.

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The global basketball shoes market is anticipated to show a value of about US$ 5 Bn and is expected to grow at a sluggish rate during the period of forecast of 2017 to 2022.

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The report has also profiled leading players in the global market for basketball shoes, which would remain active through 2022. These include companies like Xtep International Holdings Limited, Amer Sports Corporation, Reebok International Ltd., Under Armour, Inc., Li Ning Co., Ltd ANTA Sports Products Ltd, PUMA SE, Peak Sports USA, NIKE, Inc., and Adidas AG.

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