Revenue of the cosmetic industry in the U.S. Value of the leading 10 textile exporters worldwide, Vegetable oils: global consumption by oil type 2013/14 to 2019/2020, Cocoa bean production worldwide 2018/19 & 2019/20, by country, World coffee per capita consumption: major consumer countries, Cosmetics Industry in the U.S. - Statistics & Facts, Research expert covering agriculture & FMCG, Profit from additional features with an Employee Account. "Forecast of Nike's Global Market Share in Athletic Footwear from 2011 to 2025. Adidas AG is beating Nike Inc. on Wall Street recently, with shares that have gained 21.87%, so far this year, compared to 16.92% for Nike. Financially, Nike is much larger than Adidas, but the latter’s performance has been better over recent years. “Nike continues to win with consumers in China,” Nike chief financial officer Andy Campion said on a conference call. Nike's market share of the athletic footwear market stood at 22.9 percent in 2015. Below is a chart that shows Nike's revenue worldwide from 2005 to 2016 in USD. More importantly, sales of its key Jordan line rose in the “double digits,” returning to “healthy sustainable growth in North America.” In Europe, sales rose 14% as Nike said it gained "significant" market share. I have also been ranked as a top industry influencer since 2013. Statista. Learn more about how Statista can support your business. This case study analyses the ever-evolving marketing strategies adopted by Nike to become a global brand. NIKE revenue for the twelve months ending August 31, 2020 was $37.337B, a 6.26% decline year-over-year. This feature is limited to our corporate solutions. Meanwhile, both the US and German sports labels have maintained two very recognisable brands around the world. New, Figures and insights about the advertising and media world, Industry Outlook Accessed December 21, 2020. https://www.statista.com/statistics/216821/forecast-for-nikes-global-market-share-in-athletic-footwear-until-2017/, Trefis.com. “While there has been uncertainty of late regarding U.S.-China relations, we have not seen any impact on our business. You can only download this statistic as a Premium user. Nike sales revenue in 1996 was $6.4 billion USD and has grown to $32.46 billion USD as of 2016 Total companywide revenue in the quarter ended Nov. 30 rose 10%, to $9.4 billion, on gains across all regions and would have climbed 14% minus currency translations impact. In, Trefis.com. NIKE annual revenue for 2018 was $36.397B, a 5.96% increase from 2017. Customers can also scan a QR code next to some mannequins and shop the entire look on their phone. … We are bullish about our potential to continue delivering strong, sustainable and very profitable growth in this important geography.”. Digital sales surged a combined 41%, driven by mobile orders. Global Sports Bra and Underwear Market Share 2020: Top Key Players are Under Armour, Adidas, Nike, Decathlon, New Balance and Forecast to 2025 Published: Sept. 16, 2020 at 5:58 a.m. Welcome To The Mad Mad World Of 2020 Britain, Zero Contact Everything: Coronavirus Causes The Rapid Rise Of ‘No Touch’ Retail. Between 2011 and 2025, Nike's global market share is predicted to remain steady at around 27 percent. In one critical effort to engage sneakerheads who in turn help the brand drive buzz and create a halo effect across the rest of Nike's product lines, the store has brought to life Nike’s popular SNKRS limited-edition sneaker release app. I’m just as eager to take in the stories of consumers. Total companywide revenue in the quarter ended Nov. 30 rose 10%, to … The global athletic footwear market is projected to grow at a CAGR of 7.15% during the forecast period. As a Premium user you get access to background information and details about the release of this statistic. Are you interested in testing our corporate solutions? It’s a digital experience brought to life in a physical space.”. Please do not hesitate to contact me. Thanks to the iconic Superstar and NMD line, paired with buzzworthy endorsements with the likes of Kanye West, the … Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Two years later, adidas saw a resurgence – some even called it a revival. Nike's revenues and prestige have rocketed in the past five years. My passion in storytelling goes beyond retail. Nike’s market share stands at about 27.4% in 2019, ahead of its industry rivals Adidas and ASICS, making Nike the world’s largest company in the global footwear market. On the homepage of its investor relations website, Nike calls itself “a growth company.” It looks like the world’s largest sneaker company just validated that statement. NIKE annual revenue for 2019 was $39.117B, a 7.47% increase from 2018. New, Everything you need to know about the industry development, Find studies from all around the internet. The largest group of Nikes target market is the young males who purchase more footwear than any other group. The "Just Do It" company is determined not to be outdone. Update, Insights into the world's most important technology markets, Advertising & Media Outlook This statistic is not included in your account. According to the Interbrand Top 100 Global Brand Report for 2017, Nike was number 18 on the list, compared to Adidas at 55. Please contact us to get started with full access to dossiers, forecasts, studies and international data. With a particular emphasis these days on being able to react quickly to changing consumer tastes, the building is installed with flexible modules so the look and features can be changed easily. Forecast of Nike's global market share in athletic footwear from 2011 to 2025 [Graph]. While it helped increase the company’s revenues, competitors were tapping on the boom in aerobic exercise, which Nike failed to consider. You need a Single Account for unlimited access. Up until 2015, Nike led with a 86.2 billion market share, a far cry from adidas’ 17.1 billion. See below for a chart of Nike having 96%. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). adidas's 9% share has been declining every year since 2011. Related: Four trends beyond tariffs that will reshape retail in 2019, Related: Farfetch's Stadium Goods purchase: Sneaker resale is becoming big business, Related: Three trends on the menu for the food industry in 2019, I have covered the retail industry for well over a decade and written for publications including the New York Times, the Wall Street Journal and Bloomberg News. Total Segment Market Share Q3 2020 Nike Inc achieved revenue growth of 13.91 % in overall company, and improved market share, to approximate 47.14 %. Since Nike is a global sports brand its largest target market are the young people or the youth since they interact very well with the brand and they are the major consumers of … The percentage of the American athletic footwear market owned by NIKE Inc. - so that includes Nike, Jordan Brand and Converse. A paid subscription is required for full access. “It’s clear that the consumer is craving experiences, and the fastest way to meet that demand is to test, learn and scale new features,” Nike CEO Mark Parker said on the call Thursday, adding that the performance at the New York flagship and at the company's new Shanghai flagship has topped expectations. In addition to expanding its own online sales, Nike has begun to sell direct on online giant Amazon. In November 2015 Nike announced it was increasing its dividend by 14%, and that its board had also approved a $12 billion share repurchase program and a two-for-one stock split. NIKE annual revenue for 2020 was $37.403B, a 4.38% decline from 2019. Nike, one of the leading sportswear manufacturers in the world, is the key player within the footwear market in the United States. (March 22, 2019). How many global employees Nike has 2009-2020, Value of the leading global apparel brands 2020. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from. and over 1 Mio. Originally from Taiwan as an ambassadorial scholar and having penned many columns about life and culture, I’m equally driven by a sense of mission to tell stories that inspire and touch hearts, © 2020 Forbes Media LLC. Trefis.com. This refers to dollar market share of Nike footwear in the global market for sports and sports inspired footwear. Profit from additional features by authenticating your Admin account. The athletic footwear market is also affected by the innovations made by the market players in the product development, for instance smart footwear that calculates the calories burnt. How does Nike plan to continue that momentum? As a Premium user you get access to the detailed source references and background information about this statistic. facts. 26 Further Nike Statistics related to market leadership: 27. "Forecast of Nike's global market share in athletic footwear from 2011 to 2025." You need at least a Single Account to use this feature. As soon as this statistic is updated, you will immediately be notified via e-mail. Major companies operating in the global sports equipment market include Adidas AG, Amer Sports, Callaway Golf Co., Sumitomo Rubber Industries Limited, Nike, Inc., Puma SE, Mizuno Corporation, Sports Direct International PLC, Under Armour and Yonex Co., Ltd, among others. In another move that shows the athleisure trend is still hot—and suggests Nike wants a bigger share of that pie even as rivals like Lululemon keep growing—Nike is doubling down on its product lines for women, where sales growth has outpaced that for men's lines. Why Retailers Need To Make Us Feel Safe If We’re To Return To The High Street, When The Going Gets Tough, We Can Rely On Retail, When An Essential Is Not Just An Essential, It’s A Necessity. Nike has the largest market share in the athletic apparel industry in North America (around 27.4% and, until recently, had a whopping 96% of the market for basketball footwear), and continues to outpace the competition when it comes to sales: Chart. Sports shoes are increasingly becoming an essential fashion accessory among global consumers and the sports shoes market is witnessing demand for trendy and comfortable footwear among all age groups. A stock split (a tactic designed to make shares more readily available) saw a brief dip in the Swoosh's market … Nike is a sound stock based on its steady stock performance and growth in earnings per share, revenue and net income, strong balance sheet, and management approach. All Rights Reserved, This is a BETA experience. Corporate solution including all features. The United States is the largest market of Nike accounting for more than 40% of its total sales in 2018. I cover retail, from fashion to grocery, and its dance with technology, EY & Citi On The Importance Of Resilience And Innovation, How Digital Workflows Helped Save Basketball During The Pandemic, Impact 50: Investors Seeking Profit — And Pushing For Change, Michigan Economic Development Corporation With Forbes Insights, Rapid Evolution: Three Ways The Pandemic Will Revolutionize Retail, Under Starters Orders, Retailers Are Chomping At The Bit But Need Guidance On How Lockdown Will Be Lifted, Why Primark’s Plan To ‘Come Back With A Bang’ Is Fundamentally Flawed, Why A Boohoo Bad Taste Face Mask Has Sir Philip Green With Envy. Revenue was 32.46 billion, you will immediately be notified via e-mail also been ranked as Premium. 2018 was $ 37.337B, a 7.47 % increase from 2017 31, 2020 was $ 37.337B, a experience! Be notified via e-mail between 2011 and 2025, Nike has 768 stores located in markets! Brands 2020 [ Graph ] that shows Nike 's revenues and prestige have in... 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