The Asia-Pacific smart shoes market is anticipated to grow with a significant CAGR during the forecast period (2020-2026). The market growth in the region is majorly influenced by the increasing investment in a product that assists in leading a healthy life. Additionally, the rising engagement of domestic players such as Boltt Sports Technologies, Lechal (Ducere Technologies), Li Ning (China) Sports Goods Co., Ltd., Xiaomi Corp., in the smart shoes manufacturing will also propel the growth of the market across the region. In addition to this, the continuous launches of new products with advanced features will also impact the market shares. For instance, in February 2019, Xiaomi Corp. launched the Mijia Sneakers 2 in India. Similarly, in August 2019, Xiaomi Corp. launched the MIJIA Sports Shoes 3, the third-generation model of its smart sports shoes line in China.
Browse the full report description of "Asia-Pacific Smart Shoes Market Size, Share & Trends Analysis Report By End-Users (Men and Women), By Distribution Channel (Online, Supermarket/Hypermarket, and Specialty Stores), Forecast Period (2020-2026)" at https://www.omrglobal.com/industry-reports/asia-pacific-smart-shoes-market
Furthermore, globally recognized smart shoe manufacturers are also utilizing the untapped potential of the region by expanding their operation and launching new products in the region. For instance, in July 2019, Under Armour Inc. launched its UA HOVR range of smart running shoes in India that lets the users track their running data. Such activities by global smart shoe brands will significantly aid the growing shares of the Asia-Pacific smart shoes market.
Market Coverage
o By End-Users
o By Distribution Channel
o China
o Japan
o India
o South Korea
o Rest of Asia-Pacific
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected country and segment
Asia-Pacific Smart Shoe Market Report Segment
By End-Users
By Distribution Channel
Asia-Pacific Smart Shoe Market Report Segment
Asia-Pacific
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