Canada Sneakers Market Size & Outlook, 2023-2030

The sneakers market in Canada is expected to reach a projected revenue of US$ 3,823.7 million by 2030. A compound annual growth rate of 5.7% is expected of Canada sneakers market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,589.3
Forecast, 2030 (US$M)
$3,823.7
CAGR, 2024 - 2030
5.7%
Report Coverage
Canada

Canada sneakers market highlights

  • The Canada sneakers market generated a revenue of USD 2,589.3 million in 2023 and is expected to reach USD 3,823.7 million by 2030.
  • The Canada market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
  • In terms of segment, low-top sneakers was the largest revenue generating product in 2023.
  • Mid-Top Sneakers is the most lucrative product segment registering the fastest growth during the forecast period.

Sneakers market data book summary

Market revenue in 2023USD 2,589.3 million
Market revenue in 2030USD 3,823.7 million
Growth rate5.7% (CAGR from 2023 to 2030)
Largest segmentLow-top sneakers
Fastest growing segmentMid-Top Sneakers
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLow-Top Sneakers, Mid-Top Sneakers, High-Top Sneakers
Key market players worldwideNike Inc Class B, Adidas AG, ASICS Corp, Kering SA, Skechers USA Inc Class A, Under Armour Inc Class A, VF Corp, Puma SE, New Balance, Relaxo Footwears

Other key industry trends

  • In terms of revenue, Canada accounted for 2.8% of the global sneakers market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. sneakers market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 3,823.7 million by 2030.

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Sneakers Market Companies

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Canada sneakers market size, by product, 2018-2030 (US$M)

Canada Sneakers Market Outlook Share, 2023 & 2030 (US$M)

Canada sneakers market size, by product, 2018-2030 (US$M)

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