The global demand for Running Shoes Market is presumed to reach the market size of nearly USD 79.73 BN by 2030 from USD 50.4 BN in 2022 with a CAGR of 5.9% under the study period of 2023 - 2030. Regarding volume, the market was calculated XX Thousand Units in 2022 and forecast to touch XX Thousand Units by 2030 with a CAGR of XX% during 2023-2030.
Running shoes is a lightweight shoe designed for use by runners. A running shoe has different features from a walking shoe. They offer different levels of heel-to-toe drop to serve the needs of toe-strikers, midfoot-strikers, and heel-strikers. They are categorized by their stability elements and whether they are motion control shoes constructed to help correct for overpronation. Running shoes have several functions, and designers work to keep them updated with the newest technology and materials. Currently, the main material of running shoes is mesh fabric, EVA, rubber, glue and others. But different manufacturers will choose raw materials with special functions.
Market Dynamics
Growing fitness freak people and rising disposable income drive the demand for running shoes. Rising awareness about health and fitness is attributed to make people more exercise. Running Shoes offer many benefits over traditional shoes superior cushioning, flexibility in the right places, stability or motion control, traction on road or trails, tortional stability, night-time reflectivity, and breathability. Moreover, running events are becoming more popular, and for competition it is even more important than ever to be light on feet and quick. All this will pave demand for more running shoes. E-commerce have also played crucial role towards swelling revenue. With rising specification and requirements of customers, player are bringing new product with new material and technology. Newer designs provide structure and cushioning with less weight, and with seamless construction to eliminate points of rubbing that can lead to blisters.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give inclusive assessment of each segment in the global market of running shoes.
Market Segmentation
This section of the running shoes market report provides detailed data on the segments by analyzing them geographically, thereby assisting the strategist in identifying the target demographics for the respective product or service.
By Running Surface
- Road
- Track
- Trail
- Others (Show, Etc)
By Product Type
- Stability Shoes
- Motion Control Shoes
- Cushioning Shoes (Barefoot, Minimal, Moderate, Maximum)
By Closure
- Lace-Up
- Single-Pull Lace
- Bungee Lace
- Others (Strap, Etc)
By Price
By End-User
By Distribution Channel
- Online (E-Commerce Websites, Company Websites)
- Offline (Hypermarkets & Supermarkets, Multi-Brand Stores, Brand Stores, Other Retail Stores)
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for Running Shoes market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Running Shoes Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the running shoes market include Adidas, ASICS Corporation, Brooks Sports Inc., Hoka One One, Mizuno Corporation, Nike Inc., PUMA SE, Reebok International Limited, Salomon, Under Armour Inc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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