The import of sports footwear with soles and uppers of rubber or plastics to the US exhibited a steady growth trajectory, with the forecast showing an increase from $515.24 million in 2024 to $551.15 million by 2028. The year-on-year growth begins at approximately 1.8% and peaks at 1.6% towards the end of the forecast period. The compound annual growth rate (CAGR) over the five years stands at about 1.7%. Import levels in 2023, serving as a reference, were slightly below the 2024 forecast, indicating a consistent upward trend driven primarily by increasing consumer demand and expansion of athleisure fashion.
Future trends to watch include:
- Growth in e-commerce sales channels increasing footwear accessibility.
- Influence of sustainability trends pushing demand for eco-friendly materials in sports footwear.
- Technological innovations in footwear design potentially boosting imports further.
- Regulatory changes that could impact trade dynamics.