logo
logo
Sign in

Global Running Shoes Market Report 2024: Growth Rate, Major Segments And Regions

avatar
saikiran TBRC
Global Running Shoes Market Report 2024: Growth Rate, Major Segments And Regions

The Running Shoes Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).


Learn More On The Running Shoes Market:

https://www.thebusinessresearchcompany.com/report/running-shoes-global-market-report 


According to The Business Research Company’s Running Shoes Global Market Report 2024, The running shoes market size has grown strongly in recent years. It will grow from $48.18 billion in 2023 to $51.3 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to preference for lightweight and comfortable shoes, increased focus on stylish products, increased cell phone penetration, increased sports participation, shift towards eco-friendly and sustainable materials.

The running shoes market size is expected to see strong growth in the next few years. It will grow to $64.22 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to expansion of e-commerce, increasing penetration of mobile internet connectivity, growing environmental concerns, increasing popularity of running and outdoor activities, growing fitness trends. Major trends in the forecast period include key players' partnerships, innovative solutions, technological advancements in running shoe design, introduction of high-performance products, brand promotions and innovative marketing strategies.

The increasing number of sports and recreational activities is expected to propel the growth of the running shoe market going forward. Recreational activity is an outdoor activity conducted for exercise, relaxation, or pleasure. It includes walking, swimming, meditation, reading, playing games, and dancing. The appropriate running shoes that suit various activities style are critical for avoiding frequent injuries. For instance, in 2022, according to the Outdoor Foundation, a US-based non-profit organization committed to the health of communities and the outdoor recreational sector, in 2021, 164.2 million, or 54% of Americans aged six and over engaged in outdoor recreation at least once, the greatest number of participants on record, and it is 6.9% higher than in March 2020, when 161.3 American people participated in outdoor recreation. Therefore, the surge in increasing sports and recreational activities is driving the growth of the running shoe market.


Get A Free Sample Of The Report (Includes Graphs And Tables):

https://www.thebusinessresearchcompany.com/sample.aspx?id=12653&type=smp 


The running shoes market covered in this report is segmented –

1) By Product type: Stability Shoes, Motion Control Shoes, Cushion Shoes

2) By Type: Road, Treadmill, Trail, Mud, Snow

3) By Closure: Lace-Up, Single-Pull Lace, Bungee Lace, Other Closures

4) By Distribution Channel: Online, Offline

5) By End User: Men, Women, Kids

Product innovations are a key trend gaining popularity in the running shoe market. Major companies operating in the running shoe market are focused on developing innovative products to strengthen their position in the market. For instance, in June 2022, Under Armour Inc., a US-based sportswear company, launched the UA Flow Synchronicity, its first female-first shoe. This innovative shoe is designed specifically for female athletes. It combines revolutionary UA Flow technology and consumer insights to create a shoe for her—her form, speed, rhythm, and Journey to Compete. Women who participated in a series of prototypes provided data and customer feedback for the product, and the design team first took an innovative approach to address fit. Additionally, it benefits from a more comfortable, supportive, and responsive fit than traditional running shoes. Moreover, the UA Flow Synchronicity is lighter than standard running shoes owing to UA Flow technology, which also delivers grip without using a hefty, traditional rubber outsole or adhesives.

The running shoes market report table of contents includes:

1. Executive Summary

2. Running Shoes Market Characteristics

3.Running Shoes Market Trends And Strategies

4.Running Shoes market analysis

5. Running Shoes Market Size And Growth

6.Running Shoes Segmentation

7. Running Shoes Regional And Country Analysis

.

.

.

27.Running Shoes Competitive Landscape And Company Profiles

28. Running Shoes Key Mergers And Acquisitions

29.Running Shoes Future Outlook and Potential Analysis

TOP MAJOR PLAYERS:

  • Salomon
  • Nike Inc.
  • Adidas AG
  • VF Corporation
  • Puma SE

S

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

Email: [email protected] 

Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company 

Twitter: https://twitter.com/tbrc_info 

Facebook: https://www.facebook.com/TheBusinessResearchCompany 

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ 

Blog: https://blog.tbrc.info/ 

Healthcare Blog: https://healthcareresearchreports.com/ 

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model 

collect
0
avatar
saikiran TBRC
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more