The Business Research Company’s report on the Running Shoes Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the running shoes market’s growth in recent years?
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 December 2023, according to the 2023 outdoor participation trends report released by Outdoor Foundation, a US-based non-profit organization, in 2022, the number of outdoor recreation participants increased by 2.3%, reaching a record high of 168.1 million, which represents 55% of the U.S. population aged 6 and older. Therefore, the surge in increasing sports and recreational activities is driving the growth of the running shoe market.
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How does the future projection of the running shoes market size compare to its historical growth?
The running shoes market size has grown strongly in recent years. It will grow from $50.98 billion in 2024 to $54.23 billion in 2025 at a compound annual growth rate (CAGR) of 6.4%. 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 $69.77 billion in 2029 at a compound annual growth rate (CAGR) of 6.5%. 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.
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Which key players are shaping the future of the running shoes market?
Major companies operating in the running shoes market include Salomon, Nike Inc., Adidas AG, VF Corporation, Puma SE, Skechers USA Inc., Under Armour Inc., New Balance Athletics Inc., ASICS Corporation, Deckers Brands, Columbia Sportswear Company, FILA Luxembourg S.a.r.l., Reebok International Limited, Mizuno Corporation, Brooks Running Co., The North Face Inc., Merrell, Vans Inc., La Sportiva SPA, Scott Sports SA, Saucony Inc., Vasque, Inov-8 Inc., Karhu Holding BV, Topo Athletic Inc., Pearl Izumi Inc., Lotto Sport Italia SpA, Newton Running Company, Altra Running, Zoot Sports.
What trends will propel the growth and evolution of the running shoes market?
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.
Which regions are expected to become dominant players in the running shoes market?
North America was the largest region in the running shoes market in 2024. The regions covered in the running shoes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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What are the emerging key segments in the running shoes market, and how are they evolving?
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
Subsegments:
1) By Stability Shoes: Moderate Stability Shoes, High Stability Shoes, Lightweight Stability Shoes
2) By Motion Control Shoes: Maximum Support Shoes, Heavy-Duty Motion Control Shoes, Customizable Motion Control Options
3) By Cushion Shoes: Neutral Cushion Shoes, Maximum Cushion Shoes, Lightweight Cushion Shoes
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What defines the structure and scope of the running shoes market?
Running shoes refer to a form of footwear that is particularly intended to provide comfort, support, and protection for running activities. They also have elements that assist good alignment and minimize excessive foot movement, such as arch support, pronation control, and heel counters. Running shoes are used for sports activities such as running, jogging, and outdoor adventures.
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