Summary

Argentina's footwear sector displays a dynamic blend of cultural influences, athletic zeal, and a burgeoning fashion desire. Argentina, the second-largest country in South America, has a diversified and energetic populace that views sneakers as more than just footwear; they are symbols of identity, style, and lifestyle. Football, or soccer, is more than a sport in Argentina; it's a way of life. The deep-rooted football culture had a significant impact on the footwear industry, with several releases honouring iconic teams and legendary players. Sneakers with the colors and logos of famous football clubs are generally in high demand, expressing the passion and pride connected with the sport. The rise of streetwear culture has left an everlasting effect on Argentina's shoe scene, particularly in major cities such as Buenos Aires. Sneakers have become an essential part of urban expression, serving as a blank canvas for self-expression and innovation. Local designers and artists frequently work with multinational sneaker labels to create limited-edition releases that honor Argentina's street culture and artistic influences. The rise of streetwear culture has left an everlasting effect on Argentina's shoe scene, particularly in major cities such as Buenos Aires. Sneakers have become an essential part of urban expression, serving as a blank canvas for self-expression and innovation. Local designers and artists frequently work with multinational sneaker labels to create limited-edition releases that honor Argentina's street culture and artistic influences. Argentinians place a high value on originality and craftsmanship. This is seen in the increasing popularity of local sneaker brands that stress distinctive designs and high-quality materials. These brands frequently draw inspiration from Argentina's rich cultural background, producing sneakers that resonate with the authenticity and pride of the local consumer base.

According to the research report "Argentina Sneakers Market Overview, 2029," published by Bonafide Research, the Argentina Sneakers market is expected to reach market size of more than USD 500 Million by 2029. Argentina's developing streetwear culture is visible on the streets of Buenos Aires and other urban hubs, which pulse with inventiveness. Local designers and street artists collaborate with big sneaker labels to create limited-edition releases, using sneakers as dynamic canvases for artistic expression. These sneakers are transformed into wearable works of art, expressing the spirit of Argentine street culture as well as the convergence of artistic influences that shape the country's urban landscape. Argentina's developing streetwear culture is visible on the streets of Buenos Aires and other urban hubs, which pulse with inventiveness. Local designers and street artists collaborate with big sneaker labels to create limited-edition releases, using sneakers as dynamic canvases for artistic expression. These sneakers have been transformed into wearable works of art, embodying the essence of Argentine street culture and the convergence of artistic influences that shape the nation's urban landscape. Sneakers have surpassed their functional function in Argentina to become prized status symbols. Limited-edition releases, uncommon collaborations, and exclusive models are frequently associated with status. Having a pair of these sought-after sneakers becomes a cultural currency sign, indicating not only fashion-forward sensibilities but also a connection to the global sneaker community. Argentina's sneaker craze has also spawned street-level business. Sneaker resale is a popular subculture in which aficionados buy and sell rare or limited-edition products. Individuals can purchase and sell shoes on online platforms and local marketplaces, creating a dynamic secondary market that lends an aspect of exclusivity to specific releases.

Based on product type segmented into low-top sneakers, mid-top sneakers and high-top sneakers. Low-top sneakers product type is anticipated to lead the Argentina sneakers market. Argentina's cultural emphasis on a casual and easy going way of life is in sync with the design and aesthetics of low-top sneakers. These shoes have a relaxed and versatile appearance that fits nicely with the metropolitan flair seen in cities like Buenos Aires. Low-tops informal charm makes them ideal for everyday use, whether navigating city streets, socializing, or participating in leisure activities. Argentina's youth culture is influential in pushing fashion trends, and low-top sneakers are a trademark of streetwear culture. Young Argentinians, influenced by global fashion revolutions, actively seek outfits that align with streetwear aesthetics. Low-top sneakers sleek and futuristic profile makes them popular among the youth demographic, adding to their market dominance. Argentina's deep connection to sports, especially football, influences sneaker preferences. Low-top sneakers, often associated with sports and athletic aesthetics, resonate with consumers who appreciate the fusion of style and sports culture. Sneaker designs that draw inspiration from sports heritage, while maintaining a low-top silhouette, appeal to those seeking a sporty and fashionable footwear option.

The end user segment of the market includes mens, women and kids. Womens end user segment is projected to grow at rapid pace in Argentina sneakers market. Women in Argentina, like women all across the world, use fashion to show their individuality and empowerment. Sneakers, which were originally connected largely with athletics and athleticism, have evolved into a powerful emblem of self-expression. Women are embracing the comfort and versatility of sneakers as a way to express their individual style and personality, which is contributing to the increased demand for a variety of sneaker options. Fashion and celebrity culture have a huge influence on women's sneaker preferences. High-profile endorsements, partnerships, and the exposure of sneakers in fashionable circles all contribute to their popularity among women. As renowned female icons adopt sneakers as a fashion statement, women of all ages are inspired to incorporate them into their own style narratives. Based on distribution channel market is divided into offline and online. Offline distribution channel is projected to remain major distribution channel for sneakers in Argentina. Offline retail allows customers to physically experience and try on footwear before making a purchase. The in-store experience, which involves trying on different styles, touching the fabrics, and judging the fit, continues to be a big benefit for traditional retailers. This tactile experience is especially important for customers who value sensory features when purchasing footwear. Brands can develop a tangible presence in offline stores and exhibit their personalities through visual merchandising. Sneaker businesses can use the in-store environment to create immersive displays, promote exclusive releases, and tell their brand story. This physical representation raises brand awareness and appeals to consumers who value the visual attractiveness of footwear.

Considered in this report:
• Geography: Argentina
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report:
• Argentina Sneakers market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Product Type:
• Low-Top Sneakers
• Mid-Top Sneakers
• High-Top Sneakers

By End Users:
• Mens
• Womens
• Kids

By Distribution Channel:
• Offline
• Online

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Sneakers industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

ページTOPに戻る

Table of Contents