According to Cognitive Market Research, The Global basketball shoe market will be USD 2.6 billion in 2023 and expand at a compound annual growth rate (CAGR) of 4.20% from 2023 to 2030.
The demand for basketball shoes is rising due to the growing popularity.
Demand for laces remains higher in the basketball shoes market.
The offline sales category held the highest basketball shoes market revenue share in 2023.
North American basketball shoes will continue to lead, whereas the European basketball shoes market will experience the most substantial growth until 2030.