Adidas is unlikely to experience exponential share price growth, but at its current price, it appears to be a sound investment for 2021. Over the last twelve months, Adidas shares are up 56.50%, while Nike shares are up 33.66%. China, an emerging and growing market, contributes 14% of the total turnover. Corporate solution including all features. the athletic footwear market generates billions of U.S. dollars each year. Traffic to adidas.com by country. The company’s worldwide employees are 56,888 that comprising 50% male and 50% female. 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. 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. 1.18% 1.71% Vietnam. You need at least a Single Account to use this feature. Nike leads in Chinese market share at 22.1%, followed by Adidas with 18.6% and Anta a distant third at 10.4%. The competitive analysis of market share gives Nike a clear edge over Adidas. Please authenticate by going to "My account" → "Administration". Tell us what you think? Continual and increased investment in technological development and the manufacture of new materials can provide Adidas with an edge over its competitors. In 1947, the brothers split up and opened their separate companies, which later became the biggest business rivals in the sports apparel industry. Top Referring Countries Find out where the visitors of adidas.com come from. 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. [FUTURECRAFT.LOOP] Gen 2 is proof of progress for our first ever 100% recyclable, high-performance running shoe. August 10, 2018. Both companies are in strategic plans that run until 2020. While Adidas markets itself as a streetwear sneakers with celebrity collaborations like Kanye West and Beyonce, Nike’s marketing is more sports-focussed. 1.18% 1.71% Vietnam. Europe (3%), Americas (4%), Africa (1%). Footwear – In 2018, 97% of total footwear volume was produced in Asia and Europe (1%) and the Americas (2%). Earnings and … 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 Accessed December 20, 2020. https://www.statista.com/statistics/895136/footwear-market-share-of-nike-and-adidas-by-region/, Financial Times. Copyright © 2020 Business Strategy Hub. facts. On desktop. He is passionate about analyzing and writing about businesses. Adidas shares … As of 2017, the Nike brand held a 21.1 percent share of the U.S. footwear market. Adidas, on the other hand, is less dependent on a single geographical area. Gupta understands how to create and implement business strategies. In 2018, Nike remains highly dependent on the North American market, which accounts for 40% of its total revenue. 0.96% 17.97% Canada. You need a Single Account for unlimited access. ⁣ pic.twitter.com/lwXYME9rKL. it helps me a lot. In 2010, Adidas claimed a plan to pass over Nike in 2015 with increasing 50% of sales to £ 17 billion (Euromonitor International (a), 2010). adidas AG engages in design, distribution, and marketing of athletic and sporting lifestyle products. 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. This concept is known as FutureCraft.Loop. 1.20% 8.46% United Kingdom. Please create an employee account to be able to mark statistics as favorites. The footwear industry market share numbers for May are out, and they tell the story of the ongoing Adidas comeback in America.. (By comparison, Adidas’ market cap is $55 billion, and Under Armour’s is $10 billion.) Are you interested in testing our corporate solutions? Your information is safe and will never be shared. Profit from additional features by authenticating your Admin account. This is just the beginning. Visits to adidas.com by country. It is the single biggest growth opportunity for the adidas brand. Nike and Adidas remain far ahead, however, not only on the world stage but also in China. As soon as this statistic is updated, you will immediately be notified via e-mail. (August 10, 2018). 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. Then you will be able to mark statistics as favourites and use personal statistics alerts. Adidas brand is a huge success but still having strong competition in the market. Adidas products offer technological innovations and cutting-edge designs to athletes of all skill levels who aspire to achieve peak performance. Air Jordan. It’s Amazing article I wish to cite the same in a paper that I’m currently writing, thank you for the info. 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. Once the shoe is worn out, it can be completely melted and recycled to new shoes. Its iconic three-striped tracksuit and three-leafed motif logo transformed the brand into a cult, particularly among urban youth. Adidas and Nike both are dominating the social media game at present. ET on TipRanks.com 3 Stocks That Should Join Tesla in the S&P 500 The ideal entry-level account for individual users. Two years later, adidas saw a resurgence – some even called it a revival. 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. In 1947, the brothers split up and opened their separate companies, which later became the biggest business rivals in the sports apparel industry. "Footwear Market Share of Nike and Adidas as of 2017, by Region. Adidas can use the same market reference point to launch its product and can easily penetrate in the market. Adidas is still gaining market share on Nike and Under Armour, as the brand reports strong profits for the first quarter. Vietnam is the largest sourcing country representing 42% of total volume. Save my name, email, and website in this browser for the next time I comment. On desktop. Adidas products offer technological innovations and cutting-edge designs to athletes of all skill levels who aspire to achieve peak performance. 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). 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 … The Europe-Middle East-Africa region accounts for 25% of the total. Traffic to adidas.com by country. Nike, one of the leading sportswear manufacturers in the world, is a key player within the U.S. sports apparel market. As a Premium user you get access to the detailed source references and background information about this statistic. and over 1 Mio. athletic footwear retailed at around 58 U.S. dollars in the United States in 2017. Global Athletic Footwear Market (2020 to 2025) - Featuring Adidas, Nike, Under Armour & Puma Among Others - ResearchAndMarkets.com ... 6.3 Market Share Analysis. Learn more about how Statista can support your business. 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. 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. Adidas has produced 900 million units worldwide in 2017. 79.15% 5.77% United States. (By comparison, Adidas’ market cap is $55 billion, and Under Armour’s is $10 billion.) Global Athletic Footwear Market (2020 to 2025) - Featuring Adidas, Nike, Under Armour & Puma Among Others - ResearchAndMarkets.com ... 6.3 Market Share Analysis. Up until 2015, Nike led with a 86.2 billion market share, a far cry from adidas’ 17.1 billion. In, Financial Times. "Footwear market share of Nike and adidas as of 2017, by region." 6.4 Company Profiles. New, Figures and insights about the advertising and media world, Industry Outlook Adidas, on the other hand, is less dependent on a single geographical area. China, an emerging and growing market, contributes 14% of the total turnover. Please contact us to get started with full access to dossiers, forecasts, studies and international data. We respect your privacy. China represents the largest sourcing country (38%), followed by Turkey (18%) and Pakistan (18%). Visits to adidas.com by country. Top Referring Countries Find out where the visitors of adidas.com come from. Register in seconds and access exclusive features. 0.96% 17.97% Canada. Adidas is among the most financially stable companies globally and utilizes its financial superiority to fend-off competition from … 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. Adidas is still gaining market share on Nike and Under Armour, as the brand reports strong profits for the first quarter. It was … For example, the company influenced sports in the 70s and shaped the hip-hop culture in the 80s. Footwear market share of Nike and adidas as of 2017, by region [Graph]. How Does Credit Karma Work and Make Money? This feature is limited to our corporate solutions. Share your thoughts and experiences in the comments section below. 1.20% 8.46% United Kingdom. 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. 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