Market Overview:
The global running gear market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing popularity of running as a form of exercise and rising awareness about the health benefits associated with it. Additionally, technological advancements in running gear are also propelling the growth of this market. On the basis of type, the global running gear market is segmented into Running Apparels and Running Footwears. The Running Apparel segment is further sub-segmented into T-Shirts, Shorts/Pants, Jackets/Vests and Socks & Underwear. The Running Footwear segment is further sub-segmented into Shoes and Socks. On the basis of application,the global running gear market is divided into Online Sale and Offline Sale segments.
Product Definition:
Running gear is the clothing and equipment that runners use to improve their performance. This includes items such as running shoes, socks, shorts, t-shirts, hats, sunglasses, and water bottles. Running gear can help to improve performance by providing insulation from the weather, cushioning for the body during impact, and hydration.
Running Apparels:
By using the internet, it is easy to find out almost everything about running apparel. There are many blogs and websites that provide information on how to choose the right gear for a particular activity or how to run in a certain gear. However, there is no definite guidebook that provides all the information needed by an individual who wants to venture into this industry.
Running Footwears:
The running footwears are made of different materials such as plastic, leather and rubber. The main function of these products is to protect the feet from injuries caused by friction or heat while running. There are two types of footwear available in the market which include training shoes and racing shoes.
Racing shoe: This type is used for road running, track & field events and marathons whereas; Training shoe: It’s used for interval training, gym work outs.
Application Insights:
The online sale segment dominated the global running gear market in 2017 and is expected to continue its dominance over the forecast period. The growth of this segment can be attributed to growing internet penetration, rising disposable income, and changing lifestyle. Consumers prefer buying products through online channels as they offer various payment options such as credit cards, e-wallets, digital wallets etc., which was not possible in conventional stores. Moreover, consumers are able to compare different brands on one platform which further helps them make an informed decision before purchasing a product.
Offline running stores or specialty Running Stores have been witnessing significant growth over the past few years owing to their ability to provide personal attention towards customers along with convenience and ease of access for both customers and retailers.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position throughout the forecast period owing to high demand for sports apparel and footwear. Furthermore, increasing popularity of various running events including Boston Marathon, New York Marathon, Chicago Marathon and LA marathon is anticipated to drive regional growth over the forecast period.
Asia Pacific is projected to be one of the fastest-growing regions during the same period owing to rising number of marathon runners in countries such as China and India. In addition, growing health awareness among people will also boost regional growth over next eight years. Europe accounted for a significant share in global revenue due to presence of a large number of sport governing bodies like Uefa (UEFA), FIFA (Fédération Internationale de Football Association) and IAAF (International Association Of Athletics Federations).
Growth Factors:
- Increasing popularity of running as a form of exercise
- Growing awareness about the health benefits of running
- Rising disposable income and growing consumer demand for premium running gear
- Availability of a wide variety of running gear products in the market
- Proliferation of online retail channels that offer discounts on running gear products
Scope Of The Report
Report Attributes
Report Details
Report Title
Running Gear Market Research Report
By Type
Running Apparels, Running Footwears
By Application
Online Sale, Offline Sale
By Companies
adidas Group, Nike, New Balance, ASICS, SKECHERS USA, Garmin, VF Corporation, The Rockport Group, Puma, NEWTON RUNNING, Berkshire Hathaway, Columbia Sportswear Company, British Knights, Amer Sports, Fitbit, Under Armour, Wolverine World Wide
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Running Gear Market Report Segments:
The global Running Gear market is segmented on the basis of:
Types
Running Apparels, Running Footwears
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online Sale, Offline Sale
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- adidas Group
- Nike
- New Balance
- ASICS
- SKECHERS USA
- Garmin
- VF Corporation
- The Rockport Group
- Puma
- NEWTON RUNNING
- Berkshire Hathaway
- Columbia Sportswear Company
- British Knights
- Amer Sports
- Fitbit
- Under Armour
- Wolverine World Wide
Highlights of The Running Gear Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Running Apparels
- Running Footwears
- By Application:
- Online Sale
- Offline Sale
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Running Gear Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Running gear is the equipment you use while running. This includes shoes, clothes, a belt, and a hat.
Some of the key players operating in the running gear market are adidas Group, Nike, New Balance, ASICS, SKECHERS USA, Garmin, VF Corporation, The Rockport Group, Puma, NEWTON RUNNING, Berkshire Hathaway, Columbia Sportswear Company, British Knights, Amer Sports, Fitbit, Under Armour, Wolverine World Wide.
The running gear market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Running Gear Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Running Gear Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Running Gear Market - Supply Chain
4.5. Global Running Gear Market Forecast
4.5.1. Running Gear Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Running Gear Market Size (000 Units) and Y-o-Y Growth
4.5.3. Running Gear Market Absolute $ Opportunity
5. Global Running Gear Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Running Gear Market Size and Volume Forecast by Type
5.3.1. Running Apparels
5.3.2. Running Footwears
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Running Gear Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Running Gear Market Size and Volume Forecast by Application
6.3.1. Online Sale
6.3.2. Offline Sale
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Running Gear Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Running Gear Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Running Gear Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Running Gear Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Running Gear Demand Share Forecast, 2019-2026
9. North America Running Gear Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Running Gear Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Running Gear Market Size and Volume Forecast by Application
9.4.1. Online Sale
9.4.2. Offline Sale
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Running Gear Market Size and Volume Forecast by Type
9.7.1. Running Apparels
9.7.2. Running Footwears
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Running Gear Demand Share Forecast, 2019-2026
10. Latin America Running Gear Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Running Gear Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Running Gear Market Size and Volume Forecast by Application
10.4.1. Online Sale
10.4.2. Offline Sale
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Running Gear Market Size and Volume Forecast by Type
10.7.1. Running Apparels
10.7.2. Running Footwears
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Running Gear Demand Share Forecast, 2019-2026
11. Europe Running Gear Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Running Gear Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Running Gear Market Size and Volume Forecast by Application
11.4.1. Online Sale
11.4.2. Offline Sale
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Running Gear Market Size and Volume Forecast by Type
11.7.1. Running Apparels
11.7.2. Running Footwears
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Prouct Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Running Gear Demand Share, 2019-2026
12. Asia Pacific Running Gear Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Running Gear Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Running Gear Market Size and Volume Forecast by Application
12.4.1. Online Sale
12.4.2. Offline Sale
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Running Gear Market Size and Volume Forecast by Type
12.7.1. Running Apparels
12.7.2. Running Footwears
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Running Gear Demand Share, 2019-2026
13. Middle East & Africa Running Gear Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Running Gear Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Running Gear Market Size and Volume Forecast by Application
13.4.1. Online Sale
13.4.2. Offline Sale
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Running Gear Market Size and Volume Forecast by Type
13.7.1. Running Apparels
13.7.2. Running Footwears
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Running Gear Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Running Gear Market: Market Share Analysis
14.2. Running Gear Distributors and Customers
14.3. Running Gear Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. adidas Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nike
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. New Balance
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ASICS
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SKECHERS USA
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Garmin
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. VF Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. The Rockport Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Puma
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. NEWTON RUNNING
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Berkshire Hathaway
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Columbia Sportswear Company
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. British Knights
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Amer Sports
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Fitbit
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Under Armour
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Wolverine World Wide
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
