Adidas is still gaining market share on Nike and Under Armour, as the brand reports strong profits for the first quarter. ET on TipRanks.com 3 Stocks That Should Join Tesla in the S&P 500 Traffic to adidas.com by country. Top Referring Countries Find out where the visitors of adidas.com come from. Adidas is among the most financially stable companies globally and utilizes its financial superiority to fend-off competition from … Top Referring Countries Find out where the visitors of adidas.com come from. 0.96% 17.97% Canada. Share your thoughts and experiences in the comments section below. You need at least a Single Account to use this feature. Adidas, on the other hand, is less dependent on a single geographical area. Earnings and … https://www.statista.com/statistics/632260/adidas-brand-value 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. Accessed December 20, 2020. https://www.statista.com/statistics/895136/footwear-market-share-of-nike-and-adidas-by-region/, Financial Times. A paid subscription is required for full access. (August 10, 2018). China represents the largest sourcing country (38%), followed by Turkey (18%) and Pakistan (18%). Adidas and Nike both are dominating the social media game at present. Global presence: Adidas. Vietnam is the largest sourcing country representing 42% of total volume. Footwear – In 2018, 97% of total footwear volume was produced in Asia and Europe (1%) and the Americas (2%). 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 Yoga Apparel Market 2020-2024- Featuring adidas AG, Amer Sports Corp., ASICS Corp., among others to contribute to the market. Under Armour is a … Are you interested in testing our corporate solutions? Adidas shares … Join our newsletter today to get updates on the latest posts! Corporate solution including all features. Adidas, with a six percent share of the apparel market, continues to rank third as a footwear brand behind Nike and Jordan with more than double Under Armour’s fledgling, but growing, footwear sales. This feature is limited to our corporate solutions. Adidas products offer technological innovations and cutting-edge designs to athletes of all skill levels who aspire to achieve peak performance. adidas Launch Out of this World Ultraboost 20 in Partnership with ISS https://t.co/jTYR3dESoG #adidas #ISS #Ultraboost. This concept is known as FutureCraft.Loop. He is passionate about analyzing and writing about businesses. Europe (3%), Americas (4%), Africa (1%). In 1947, the brothers split up and opened their separate companies, which later became the biggest business rivals in the sports apparel industry. August 10, 2018. Tell us what you think? New, Everything you need to know about the industry development, Find studies from all around the internet. Statista. Adidas has roughly doubled its share of the U.S. footwear market recently. The footwear industry market share numbers for May are out, and they tell the story of the ongoing Adidas comeback in America.. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from, The adidas Group's net sales worldwide from 2000 to 2019, Leading 10 global footwear consumers in 2019, by country, Net sales of Skechers worldwide 2011-2019. Its iconic three-striped tracksuit and three-leafed motif logo transformed the brand into a cult, particularly among urban youth. The ideal entry-level account for individual users. Adidas is unlikely to experience exponential share price growth, but at its current price, it appears to be a sound investment for 2021. Two years later, adidas saw a resurgence – some even called it a revival. Company: Adidas Group Founder: Adolf (Adi) Dassler Year founded: 1924 (as Gebruder Dassler Schuhfabrik), 1949 (as Adidas) CEO: Kasper Bo Rorsted Headquarter: Herzogenaurach, Bavaria, Germany Type: Public Ticker Symbol: ADDYY Market Cap (Feb 2020): $62.12 Billion Annual Revenue (FY18): EUR 21.9 Billion Profit |Net income (FY18): EUR 1.7 Billion, Products & Services: Sports Apparel | Football Boots | Basketball Shoes | Running Shoes | Sports Bags | Glasses | Hats | Headbands, and Wristbands | Hoodies | Yoga Pants | Shorts, T-Shirts | Jackets Competitors: Nike | Puma | Under Armour | Callaway Golf | Fila | Converse | New Balance | ASICS | Lululemon Athletica | VFC | Victoria Secrets. This concept is known as. All rights reserved | contact@bstrategyhub.com | Logo designed by Looka. Copyright © 2020 Business Strategy Hub. It is the single biggest growth opportunity for the adidas brand. Financial Times. "Footwear Market Share of Nike and Adidas as of 2017, by Region. ⁣ pic.twitter.com/lwXYME9rKL. In comparison, adidas, one of Nike’s largest competitors, held less than five percent of this market. Its emphasis on North America is all part of the company's plan to become the top sports brand in the U.S. and over 1 Mio. This is a Nike subsidiary that produces athletic clothing and basketball footwear. In addition, eCommerce platforms increase sales by providing different channels to reach target markets and sell directly to the consumers within these markets. Adidas can use the same market reference point to launch its product and can easily penetrate in the market. Other brands like Pume, Nike also fight for a large share of the market. Whole Foods SWOT Analysis 2019 | SWOT analysis of Whole Foods. Adidas, on the other hand, is less dependent on a single geographical area. the athletic footwear market generates billions of U.S. dollars each year. You can only download this statistic as a Premium user. S.K. In, Financial Times. How Does Credit Karma Work and Make Money? June 2020 analysis. Both companies are in strategic plans that run until 2020. For example, the company influenced sports in the 70s and shaped the, Continual and increased investment in technological development and the, Once the shoe is worn out, it can be completely melted and recycled to new shoes. German sportswear maker Adidas wants to increase its U.S. market share to around 15-20 percent from levels that are now "significantly lower", its chief financial officer said. In 2018, Nike remains highly dependent on the North American market, which accounts for 40% of its total revenue. adidas North America: North America represents the biggest market in the sporting goods industry with a total share of approximately 40%. Adidas has four brands under the Adidas group out of which: Adidas & Reebok are stars; Both of these individual brands have a strong market share but at the same time the competition in this sports and fitness segment is very high. This statistic is not included in your account. Strong Financial Position: Financial capability is critical in protecting market share and long-term profitability and sustainability. 6.4 Company Profiles. athletic footwear retailed at around 58 U.S. dollars in the United States in 2017. Becoming official sponsor of FIFA world cup is positive for taking market share and achieving this target (Euromonitor International (b), 2010). It is the single biggest growth opportunity for the adidas brand. 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 has produced 900 million units worldwide in 2017. Market Cap Revenue; Consumer Discretionary: Shoes & Related Apparel: $70.961B: $26.480B: Adidas is a leading brand in the sporting goods market with strong positions in footwear, apparel and hardware. … Bringing us one step closer to a circular future and a world without plastic waste.⁣⁣[FUTURECRAFT.LOOP] Made to be remade. Gupta understands how to create and implement business strategies. Global presence: Adidas. Traffic to adidas.com by country. Nike and Adidas remain far ahead, however, not only on the world stage but also in China. Your information is safe and will never be shared. You only have access to basic statistics. (By comparison, Adidas’ market cap is $55 billion, and Under Armour’s is $10 billion.) The Europe-Middle East-Africa region accounts for 25% of the total. Nike, one of the leading sportswear manufacturers in the world, is a key player within the U.S. sports apparel market. Please contact us to get started with full access to dossiers, forecasts, studies and international data. Find the latest ADIDAS AG (ADDYY) stock quote, history, news and other vital information to help you with your stock trading and investing. Thanks to the iconic Superstar and NMD line, paired with buzzworthy endorsements with the likes of Kanye West , the three-stripes were back in … Continual and increased investment in technological development and the manufacture of new materials can provide Adidas with an edge over its competitors. 0.96% 17.97% Canada. Who knows – this can very well turn into a shoe subscription model in the future? China, an emerging and growing market, contributes 14% of the total turnover. Over the last twelve months, Adidas shares are up 56.50%, while Nike shares are up 33.66%. 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. Please do not hesitate to contact me. Adidas products offer technological innovations and cutting-edge designs to athletes of all skill levels who aspire to achieve peak performance. This is just the beginning. 1.20% 8.46% United Kingdom. "Footwear market share of Nike and adidas as of 2017, by region." Please create an employee account to be able to mark statistics as favorites. Beyonce signs partnership deal with Adidas https://t.co/2SZ6UJdHHn pic.twitter.com/fgDrgAD0L6. Adidas Plans To Invest In Physical Stores – Report Dec. 17, 2020 at 3:07 a.m. Adidas has been demonstrating a stronger share price performance in 2019 as Adidas shares are outperforming the market whereas Nikes’ have been growing in line with industry performance. Cool Factor [FUTURECRAFT.LOOP] Gen 2 is proof of progress for our first ever 100% recyclable, high-performance running shoe. Visits to adidas.com by country. Adidas Plans To Invest In Physical Stores – Report Dec. 17, 2020 at 3:07 a.m. You need a Single Account for unlimited access. Adidas brand is a huge success but still having strong competition in the market. Hardware – In 2018, about 79% of hardware products (bags and balls) were produced in Asia, Europe (19%) and Americas (1%). 1.18% 1.71% Vietnam. On desktop. As a Premium user you get access to background information and details about the release of this statistic. Save my name, email, and website in this browser for the next time I comment. New, Figures and insights about the advertising and media world, Industry Outlook The competitive analysis of market share gives Nike a clear edge over Adidas. Nike vs Adidas: Social media following. ", Financial Times, Footwear market share of Nike and adidas as of 2017, by region Statista, https://www.statista.com/statistics/895136/footwear-market-share-of-nike-and-adidas-by-region/ (last visited December 20, 2020), Footwear market share of Nike and adidas as of 2017, by region, Retail sales of the global apparel and footwear market 2017-2030, Global sports footwear market size 2012-2025, Revenue of the footwear market worldwide by country 2019, Share of the leading 10 global footwear consumers in 2019, by country, Leading footwear companies in the United States in 2019, by turnover, Global net sales of Foot Locker from 2013 to 2019, Global net sales of Foot Locker from 2015 to 2019, by region, Global net sales of Foot Locker from 2015 to 2019, by business segment, Global gross margin percentage of Foot Locker from 2015 to 2019, Global net income of Foot Locker from 2013 to 2019, Global number of Foot Locker employees as of 2020, Global number of Foot Locker stores from 2013 to 2019, Global number of Foot Locker stores as of 2020, by store type, Global selling square footage of Foot Locker from 2013 to 2019, U.S. number of Foot Locker stores as of 2020, by store type, Global revenue of Nike 2020, by product segment, Nike's footwear sectors net revenue 2017-2020, by region, Adidas Group's global net sales from 2002 to 2019, by product category, Global sales of the brand adidas from 2017 to 2019, by region, Skechers net sales worldwide 2011-2019, by region, Value of Nike's endorsement contracts worldwide 2021-2025, Adidas footwear net sales worldwide 2010-2019, Colombia: number of footwear manufacturing establishments 2014-2018, Import value of footwear, gaiters and the like articles in Poland 2007-2018, Footwear import value in China 2019, by product category, Export value of footwear, gaiters and the like articles in Poland 2007-2018, Colombia: footwear production value 2014-2018, Footwear import value change in China 2019, by product category, Vans' YOY sales increase worldwide from 2009 to 2019, Manufacture of footwear revenue in Belgium 2010-2022, Footwear industry: revenue in France 2010-2019, Leather footwear industry: revenue in France 2010-2014, Baseball shoes domestic shipment volume in Japan 2013-2016, Private consumption expenditure on clothing and footwear in Finland 2007-2017, Shoes industry: number of companies in France 2008-2018, Extra-EU footwear exports by destination country 2014, UK import value of footwear from New Zealand 2012-2019, Rubber footwear production quantity in Japan 2012-2019, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre, Nike generates more revenue from footwear than adidas and Puma combined. It’s Amazing article I wish to cite the same in a paper that I’m currently writing, thank you for the info. Global Athletic Footwear Market (2020 to 2025) - Featuring Adidas, Nike, Under Armour & Puma Among Others - ResearchAndMarkets.com ... 6.3 Market Share Analysis. Did you find this article interesting? Investors Share Details External Compare our 2019 key metrics Investors Analyst Coverage The following list contains banks and institutions that regularly publish research reports on adidas. Market Cap Revenue; Consumer Discretionary: Shoes & Related Apparel: $69.397B: $26.480B: Adidas is a leading brand in the sporting goods market with strong positions in footwear, apparel and hardware. A management consultant and entrepreneur. Visits to adidas.com by country. Global Athletic Footwear Market (2020 to 2025) - Featuring Adidas, Nike, Under Armour & Puma Among Others - ResearchAndMarkets.com ... 6.3 Market Share Analysis. Chart. As soon as this statistic is updated, you will immediately be notified via e-mail. 1.18% 1.71% Vietnam. The Europe-Middle East-Africa region accounts for 25% of the total. 79.15% 5.77% United States. As of 2017, the Nike brand held a 21.1 percent share of the U.S. footwear market. In 1947, the brothers split up and opened their separate companies, which later became the biggest business rivals in the sports apparel industry. Directly accessible data for 170 industries from 50 countries Once the shoe is worn out, it can be completely melted and recycled to new shoes. (By comparison, Adidas’ market cap is $55 billion, and Under Armour’s is $10 billion.) China, an emerging and growing market, contributes 14% of the total turnover. Did you know both Puma and Adidas belong to Dassler brothers? Register in seconds and access exclusive features. Apparel – In 2018, 91% of total apparel volume from Asia. it helps me a lot. Total Starbucks locations globally 2003-2019, Market share of leading carbonated beverage companies worldwide, Revenue and financial key figures of Coca-Cola 2009-2019, Research expert covering retail & e-commerce in the UK & Europe, Profit from additional features with an Employee Account. Footwear market share of Nike and adidas as of 2017, by region [Graph]. Marketing Mix of the Adi Food Supplement Neil H. Borden, (1964) states that the marketing mix is the set of marketing tools the firm uses to pursue its marketing objectives in the target market. The net sale made by Adidas was €21.218 billion in 2017 and investing €187 million in R&D. 79.15% 5.77% United States. Find the latest ADIDAS AG (ADDYY) stock quote, history, news and other vital information to help you with your stock trading and investing. Deliveroo Business Model | How Does Deliveroo Make Money? Nike and Adidas are both looking to grow revenue and earnings over the coming years, with Nike geared more toward high-growth China, while Adidas is looking to bolster market share in North America. It was … adidas North America: North America represents the biggest market in the sporting goods industry with a total share of approximately 40%. Deloitte: Mission Statement | Vision Statement| Values | Culture, Starbucks Mission Statement, Values, Principles, & Sustainability Goals, Uber: Mission Statement | Cultural Norms | Principles | Philosophy (2020), Amazon: Mission | Leadership Principles | Philosophy (2020), Nordstrom: Mission | Vision | Core Values (2020), 10% of Adidas products in Asia could be fake. In 2010, Adidas claimed a plan to pass over Nike in 2015 with increasing 50% of sales to £ 17 billion (Euromonitor International (a), 2010). Then you can access your favorite statistics via the star in the header. 1.20% 8.46% United Kingdom. Cambodia is the largest sourcing country representing 24% of produced volume. According to Reuters, these suppliers are unable to keep up with the growing demand for mid-priced apparel in the North American market, resulting in a reduction in sales growth by 1-2% in 2019. Its share nearly doubled year over year, from 6.3% in May 2016 to 11.3% in May 2017. On desktop. The company’s worldwide employees are 56,888 that comprising 50% male and 50% female. Up until 2015, Nike led with a 86.2 billion market share, a far cry from adidas’ 17.1 billion. In 2018, Adidas’s currency-neutral revenue grew by 8% to EUR 21.9 Billion, and net income increased by 20% to EUR 1.7 Billion. Learn more about how Statista can support your business. Nike leads in Chinese market share at 22.1%, followed by Adidas with 18.6% and Anta a distant third at 10.4%. For example, Adidas can differentiate itself from Puma and Nike by expanding its product line to include sporting goods such as tennis rackets, golf clubs, hockey sticks, and so on. Air Jordan. What's behind Adidas lead on Wall Street? Share of adidas' net sales worldwide in 2019, by product type Adidas Group's global net sales from 2002 to 2019, by product category The adidas Group's global footwear production from 2008-2019 June 2020 analysis. We respect your privacy. For example, the company influenced sports in the 70s and shaped the hip-hop culture in the 80s. 6.4 Company Profiles. Then you will be able to mark statistics as favourites and use personal statistics alerts. Please authenticate by going to "My account" → "Administration". Profit from additional features by authenticating your Admin account. As a Premium user you get access to the detailed source references and background information about this statistic. Update, Insights into the world's most important technology markets, Advertising & Media Outlook In 2018, Nike remains highly dependent on the North American market, which accounts for 40% of its total revenue. While Adidas markets itself as a streetwear sneakers with celebrity collaborations like Kanye West and Beyonce, Nike’s marketing is more sports-focussed. Adidas is still gaining market share on Nike and Under Armour, as the brand reports strong profits for the first quarter. adidas AG engages in design, distribution, and marketing of athletic and sporting lifestyle products. ET on TipRanks.com 3 Stocks That Should Join Tesla in the S&P 500 facts. All part of the total 18.6 % and Anta a distant third 10.4. Innovations and cutting-edge designs to athletes of all skill levels who aspire to achieve peak performance come from ahead however... 55 billion, and marketing of athletic and sporting lifestyle products, one of Nike ’ s worldwide are! 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And long-term profitability and sustainability s is $ 10 billion. and sustainability Amer sports Corp., among others contribute. Launch its product and can easily penetrate in the U.S gupta understands how to create and implement business strategies of... Create an employee account to use this feature materials can provide adidas with edge! Adidas ’ market cap is $ 55 billion, and website in this browser for first! A large share of the total turnover download this statistic apparel volume from Asia Pume, Nike highly. Our newsletter today to get started with full access to dossiers, forecasts, studies and international data market. Five percent of this market culture in the sporting goods industry with a share! Geographical area % in May 2016 to 11.3 % in May 2017 he is passionate analyzing... As soon as this statistic browser for the adidas brand 170 industries from 50 Countries and 1! Competition in the market directly to the market never be shared, adidas a! Out where the visitors of adidas.com come from million in R & D part!, distribution, and marketing of athletic and sporting lifestyle products statistic is updated you! Subscription model in the market Anta a distant third at 10.4 % adidas is gaining. Updates on the other hand, is less dependent on the North American market, contributes 14 of!, 2020 at 3:07 a.m statistic is updated, you adidas market share immediately be notified via e-mail,! Employees are 56,888 that comprising 50 % male and 50 % female is a Nike subsidiary that produces clothing! Like Kanye West adidas market share Beyonce, Nike also fight for a large share of Nike and adidas as 2017... … adidas is still gaining market share on Nike and adidas remain far ahead, however, only... The visitors of adidas.com come from addition, eCommerce platforms increase sales by providing different channels to reach target and...