Running Shoes Market size was valued at USD 15.5 Billion in 2022 and is expected to grow at a CAGR of 4.9% from 2023 to 2029, reaching nearly USD 21.67 Billion.

Running Shoes Market Overview

The report on Running Shoes Market provides a comprehensive overview, encompassing market segmentation based on Segmentation and region. It estimates the market's value for the forecasted period, highlighting major opportunities, CAGR, and annual growth rate.

Running Shoes Market Report Scope and Research Methodology

The research for this report incorporates a comprehensive market segmentation, covering type, application, form, and region of the Running Shoes Market. It estimates the market in terms of USD value for the forecasted period, providing major opportunities, Compound Annual Growth Rate (CAGR), and annual growth rate. The report adopts a bottom-up approach to accurately estimate the Running Shoes Market size. Data from both international and domestic markets are analysed, including landscape analysis, trade insights, and key regions of development, ensuring a thorough market analysis. Additionally, the report includes product development details, such as current technologies, new product launches, and research and development activities, all of which contribute to market growth. For a deeper understanding of market strategies, business segmentation, and the geographic region of major players, the report offers an in-depth analysis.

Running Shoes Market Regional Insights

North America dominated the largest market share in 2022 and is expected to significantly grow during the forecast period. Asia Pacific is a fast-growing region in a Running Shoes market. Europe expected a sustainable growth during the forecast period.

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Running Shoes Market Segmentation:

1.Running Shoes Market Size and Forecast, by Product Type (2023-2029)

1. Road Running Shoes
2. Trail Running Shoes
3. Cross-Training Shoes
4. Others

Road running shoes, trail running shoes, cross-training shoes, racing shoes, and minimalist shoes are the different product categories under which the running shoe market is divided. With the biggest market share in 2023, the road running shoe segment will continue to dominate the running shoe industry. The market for running shoes is divided into two major categories, with trail running shoes coming in second. Because trail running is becoming more and more popular, the market for trail running shoes is anticipated to expand at a considerable CAGR during the forecast period. The fourth-largest market sector is the one for racing shoes. Due to the small number of runners who engage in competitive running, the racing shoes market is anticipated to expand slowly throughout the projected period.

2.Running Shoes Market Size and Forecast, by Gender (2023-2029)

1. Men
2. Women
3. Children

3.Running Shoes Market Size and Forecast, by Distribution Channel (2023-2029)

1. Offline
2. Online
3. Direct-to-consumer

4.Running Shoes Market Size and Forecast, by Price Range (2023-2029)

1. Affordable
2. Mid-range
3. High- end

5.Running Shoes Market Size and Forecast, by End User (2023-2029)

1. Professional Athletes
2. Recreational Runners
3. Beginners and Novices

In 2022, professional athletes accounted for 15% of the market. This market category will rule in the upcoming years. Professional athletes require specially made footwear. Among runners in 2022, 60% were recreational. There will be a big rise in this category. Recreational runners seek out supportive, cozy footwear that supports their fitness objectives. In 2022, newcomers made up 25% of the market. The quickest expected rate of growth belongs to this category. Beginners and casual runners seek affordable, comfortable running shoes.

Running Shoes Market Key Players:

1. Nike, Inc. (United States)
2. New Balance Athletics, Inc. (United States)
3. Brooks Sports, Inc. (United States)
4. Under Armour, Inc. (United States)
5. Skechers USA, Inc. (United States)
6. Adidas AG (Germany)
7. ASICS Corporation (Japan)
8. Puma SE (Germany)
9. Salomon S.A.S. (France)
10. Hoka One One (United States)
11. Mizuno Corporation (Japan)
12. Li-Ning Company Limited (China)
13. Anta Sports Products Limited (China)
14. Xtep International Holdings Limited (China)
15. Cape Union Mart (South Africa)
16. Hi-Tec Sports (South Africa)
17. Sportsmans Warehouse (South Africa)
18. Kalenji (France)
19. Decathlon (France)
20. Olympikus (Brazil)
21. Penalty (Brazil)
22. Rainha (Brazil)
23. Topper (Argentina)
24. Fila (Brazil)

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Key questions answered in Running Shoes Market are:

• Who are the key players in the Running Shoes market?
• What is the demand pattern for the Running Shoes market?
• What is the expected Running Shoes Market size by the end of the forecast period?
• What are the global trends in the Running Shoes Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for Running Shoes Market?
• How is the intervention from regulatory authority is shaping the Running Shoes Market?

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2023−2029
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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