Running Gear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global running gear market size reached US$ 39.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 58.7 Billion by 2028, exhibiting a growth rate (CAGR) of 6.4% during 2023-2028.
Running gear refers to the accessories and wearables worn by individuals while running or being engaged in related activities. It primarily includes athletic wearables such as shoes, gloves, jackets, tights, smart watches and goggles. Among these, products such as gloves and jackets are usually skin fit and made from water-resistant materials to prevent chafing of the skin and rain or wind penetration. Running gear also provides a protective layer, thus reducing the chances of any injury and also aids in better air circulation while performing any physical activity. On the other hand, smart running gear devices enable consumers to track their fitness progress, thus helping in keeping an enhanced motivational spirit during formal fitness training.
Running Gear Market Trends:
A significant increase in the number of health-conscious consumers owing to the rising awareness about the advantages of exercising and physical fitness is one of the key factors contributing to the market growth. The widespread acceptance that running is one of the most effective forms of exercises has immensely contributed to the popularity of comfortable running gear products. Moreover, consumers are increasingly becoming inclined toward using advanced technologies owing to the rise in disposable income levels. This has lead to product premiumization and rapid inclusion of these products into consumers’ daily fitness activities such as jogging. Additionally, manufacturers are also incorporating fashionable designs and high-quality fabrics in running apparel to attract new consumers. Moreover, the rising global trend of running marathons and aggressive promotional activities by manufacturers across social media platforms are also contributing to the running gear market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global running gear market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product, gender and distribution channel.
Breakup by Product:
Running Footwear
Running Apparel
Running Accessories
Fitness Trackers
Breakup by Gender:
Male
Female
Unisex
Breakup by Distribution Channel:
Specialty and Sports Shops
Supermarkets and Hypermarkets
Department and Discount Stores
Online
Others
Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Adidas AG, ASICS, New Balance, Nike, Skechers USA, Inc., Amer Sports, British Knights, Columbia Sportswear Company, Fitbit, Garmin, Kering (Puma), Newton Running, The Rockport Group, Under Armour, VF Corporation, Wolverine World Wide, etc.
IMARC Group’s latest report provides a deep insight into the global running gear market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global running gear industry in any manner.
Key Questions Answered in This Report
1. What was the size of the global running gear market in 2022?
2. What is the expected growth rate of the global running gear market during 2023-2028?
3. What are the key factors driving the global running gear market?
4. What has been the impact of COVID-19 on the global running gear market?
5. What is the breakup of the global running gear market based on the product?
6. What is the breakup of the global running gear market based on the gender?
7. What is the breakup of the global running gear market based on the distribution channel?
8. What are the key regions in the global running gear market?
9. Who are the key players/companies in the global running gear market?
Running gear refers to the accessories and wearables worn by individuals while running or being engaged in related activities. It primarily includes athletic wearables such as shoes, gloves, jackets, tights, smart watches and goggles. Among these, products such as gloves and jackets are usually skin fit and made from water-resistant materials to prevent chafing of the skin and rain or wind penetration. Running gear also provides a protective layer, thus reducing the chances of any injury and also aids in better air circulation while performing any physical activity. On the other hand, smart running gear devices enable consumers to track their fitness progress, thus helping in keeping an enhanced motivational spirit during formal fitness training.
Running Gear Market Trends:
A significant increase in the number of health-conscious consumers owing to the rising awareness about the advantages of exercising and physical fitness is one of the key factors contributing to the market growth. The widespread acceptance that running is one of the most effective forms of exercises has immensely contributed to the popularity of comfortable running gear products. Moreover, consumers are increasingly becoming inclined toward using advanced technologies owing to the rise in disposable income levels. This has lead to product premiumization and rapid inclusion of these products into consumers’ daily fitness activities such as jogging. Additionally, manufacturers are also incorporating fashionable designs and high-quality fabrics in running apparel to attract new consumers. Moreover, the rising global trend of running marathons and aggressive promotional activities by manufacturers across social media platforms are also contributing to the running gear market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global running gear market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product, gender and distribution channel.
Breakup by Product:
Running Footwear
Running Apparel
Running Accessories
Fitness Trackers
Breakup by Gender:
Male
Female
Unisex
Breakup by Distribution Channel:
Specialty and Sports Shops
Supermarkets and Hypermarkets
Department and Discount Stores
Online
Others
Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Adidas AG, ASICS, New Balance, Nike, Skechers USA, Inc., Amer Sports, British Knights, Columbia Sportswear Company, Fitbit, Garmin, Kering (Puma), Newton Running, The Rockport Group, Under Armour, VF Corporation, Wolverine World Wide, etc.
IMARC Group’s latest report provides a deep insight into the global running gear market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global running gear industry in any manner.
Key Questions Answered in This Report
1. What was the size of the global running gear market in 2022?
2. What is the expected growth rate of the global running gear market during 2023-2028?
3. What are the key factors driving the global running gear market?
4. What has been the impact of COVID-19 on the global running gear market?
5. What is the breakup of the global running gear market based on the product?
6. What is the breakup of the global running gear market based on the gender?
7. What is the breakup of the global running gear market based on the distribution channel?
8. What are the key regions in the global running gear market?
9. Who are the key players/companies in the global running gear market?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL RUNNING GEAR MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product
5.5 Market Breakup by Gender
5.6 Market Breakup by Distribution Channel
5.7 Market Breakup by Region
5.8 Market Forecast
6 MARKET BREAKUP BY PRODUCT
6.1 Running Footwear
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Running Apparel
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Running Accessories
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Fitness Trackers
6.4.1 Market Trends
6.4.2 Market Forecast
7 MARKET BREAKUP BY GENDER
7.1 Male
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Female
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Unisex
7.3.1 Market Trends
7.3.2 Market Forecast
8 MARKET BREAKUP BY DISTRIBUTION CHANNEL
8.1 Specialty and Sports Shops
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Supermarkets and Hypermarkets
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Department and Discount Stores
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Online
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 MARKET BREAKUP BY REGION
9.1 North America
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Europe
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Asia Pacific
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 SWOT ANALYSIS
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 VALUE CHAIN ANALYSIS
12 PORTERS FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 PRICE ANALYSIS
13.1 Price Indicators
13.2 Price Structure
14 COMPETITIVE LANDSCAPE
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Adidas AG
14.3.2 ASICS
14.3.3 New Balance
14.3.4 Nike
14.3.5 Skechers USA, Inc.
14.3.6 Amer Sports
14.3.7 British Knights
14.3.8 Columbia Sportswear Company
14.3.9 Fitbit
14.3.10 Garmin
14.3.11 Kering (Puma)
14.3.12 NEWTON RUNNING
14.3.13 The Rockport Group
14.3.14 Under Armour
14.3.15 VF Corporation
14.3.16 Wolverine World Wide
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL RUNNING GEAR MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product
5.5 Market Breakup by Gender
5.6 Market Breakup by Distribution Channel
5.7 Market Breakup by Region
5.8 Market Forecast
6 MARKET BREAKUP BY PRODUCT
6.1 Running Footwear
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Running Apparel
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Running Accessories
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Fitness Trackers
6.4.1 Market Trends
6.4.2 Market Forecast
7 MARKET BREAKUP BY GENDER
7.1 Male
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Female
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Unisex
7.3.1 Market Trends
7.3.2 Market Forecast
8 MARKET BREAKUP BY DISTRIBUTION CHANNEL
8.1 Specialty and Sports Shops
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Supermarkets and Hypermarkets
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Department and Discount Stores
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Online
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 MARKET BREAKUP BY REGION
9.1 North America
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Europe
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Asia Pacific
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 SWOT ANALYSIS
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 VALUE CHAIN ANALYSIS
12 PORTERS FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 PRICE ANALYSIS
13.1 Price Indicators
13.2 Price Structure
14 COMPETITIVE LANDSCAPE
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Adidas AG
14.3.2 ASICS
14.3.3 New Balance
14.3.4 Nike
14.3.5 Skechers USA, Inc.
14.3.6 Amer Sports
14.3.7 British Knights
14.3.8 Columbia Sportswear Company
14.3.9 Fitbit
14.3.10 Garmin
14.3.11 Kering (Puma)
14.3.12 NEWTON RUNNING
14.3.13 The Rockport Group
14.3.14 Under Armour
14.3.15 VF Corporation
14.3.16 Wolverine World Wide
LIST OF TABLES
Table 1: Global: Running Gear Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Running Gear Market Forecast: Breakup by Product (in Million US$), 2023-2028
Table 3: Global: Running Gear Market Forecast: Breakup by Gender (in Million US$), 2023-2028
Table 4: Global: Running Gear Market Forecast: Breakup by Distribution Channels (in Million US$), 2023-2028
Table 5: Global: Running Gear Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Running Gear Market Structure
Table 7: Global: Running Gear Market: Key Players
Table 1: Global: Running Gear Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Running Gear Market Forecast: Breakup by Product (in Million US$), 2023-2028
Table 3: Global: Running Gear Market Forecast: Breakup by Gender (in Million US$), 2023-2028
Table 4: Global: Running Gear Market Forecast: Breakup by Distribution Channels (in Million US$), 2023-2028
Table 5: Global: Running Gear Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Running Gear Market Structure
Table 7: Global: Running Gear Market: Key Players
LIST OF FIGURES
Figure 1: Global: Running Gear Market: Major Drivers and Challenges
Figure 2: Global: Running Gear Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Running Gear Market: Breakup by Product (in %), 2022
Figure 4: Global: Running Gear Market: Breakup by Gender (in %), 2022
Figure 5: Global: Running Gear Market: Breakup by Distribution Channel (in %), 2022
Figure 6: Global: Running Gear Market: Breakup by Region (in %), 2022
Figure 7: Global: Running Gear Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 8: Global: Running Gear Industry: SWOT Analysis
Figure 9: Global: Running Gear Industry: Value Chain Analysis
Figure 10: Global: Running Gear Industry: Porter’s Five Forces Analysis
Figure 11: Global: Running Gear (Running Footwear) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Running Gear (Running Footwear) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Running Gear (Running Apparel) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Running Gear (Running Apparel) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Running Gear (Running Accessories) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Running Gear (Running Accessories) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Running Gear (Fitness Trackers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Running Gear (Fitness Trackers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Running Gear (Male) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Running Gear (Male) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Running Gear (Female) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Running Gear (Female) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Running Gear (Unisex) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Running Gear (Unisex) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Running Gear Market: Sales through Specialty and Sports Shops (in Million US$), 2017 & 2022
Figure 26: Global: Running Gear Market Forecast: Sales through Specialty and Sports Shops (in Million US$), 2023-2028
Figure 27: Global: Running Gear Market: Sales through Supermarkets and Hypermarkets (in Million US$), 2017 & 2022
Figure 28: Global: Running Gear Market Forecast: Sales through Supermarkets and Hypermarkets (in Million US$), 2023-2028
Figure 29: Global: Running Gear Market: Sales through Department and Discount Stores (in Million US$), 2017 & 2022
Figure 30: Global: Running Gear Market Forecast: Sales through Department and Discount Stores (in Million US$), 2023-2028
Figure 31: Global: Running Gear Market: Online Sales (in Million US$), 2017 & 2022
Figure 32: Global: Running Gear Market Forecast: Online Sales (in Million US$), 2023-2028
Figure 33: Global: Running Gear Market: Sales through Other Distribution Channels (in Million US$), 2017 & 2022
Figure 34: Global: Running Gear Market Forecast: Sales through Other Distribution Channels (in Million US$), 2023-2028
Figure 35: North America: Running Gear Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: North America: Running Gear Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Europe: Running Gear Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Europe: Running Gear Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Asia Pacific: Running Gear Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Asia Pacific: Running Gear Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Middle East and Africa: Running Gear Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Middle East and Africa: Running Gear Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Latin America: Running Gear Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Latin America: Running Gear Market Forecast: Sales Value (in Million US$), 2023-2028
?
Figure 1: Global: Running Gear Market: Major Drivers and Challenges
Figure 2: Global: Running Gear Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Running Gear Market: Breakup by Product (in %), 2022
Figure 4: Global: Running Gear Market: Breakup by Gender (in %), 2022
Figure 5: Global: Running Gear Market: Breakup by Distribution Channel (in %), 2022
Figure 6: Global: Running Gear Market: Breakup by Region (in %), 2022
Figure 7: Global: Running Gear Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 8: Global: Running Gear Industry: SWOT Analysis
Figure 9: Global: Running Gear Industry: Value Chain Analysis
Figure 10: Global: Running Gear Industry: Porter’s Five Forces Analysis
Figure 11: Global: Running Gear (Running Footwear) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Running Gear (Running Footwear) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Running Gear (Running Apparel) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Running Gear (Running Apparel) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Running Gear (Running Accessories) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Running Gear (Running Accessories) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Running Gear (Fitness Trackers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Running Gear (Fitness Trackers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Running Gear (Male) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Running Gear (Male) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Running Gear (Female) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Running Gear (Female) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Running Gear (Unisex) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Running Gear (Unisex) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Running Gear Market: Sales through Specialty and Sports Shops (in Million US$), 2017 & 2022
Figure 26: Global: Running Gear Market Forecast: Sales through Specialty and Sports Shops (in Million US$), 2023-2028
Figure 27: Global: Running Gear Market: Sales through Supermarkets and Hypermarkets (in Million US$), 2017 & 2022
Figure 28: Global: Running Gear Market Forecast: Sales through Supermarkets and Hypermarkets (in Million US$), 2023-2028
Figure 29: Global: Running Gear Market: Sales through Department and Discount Stores (in Million US$), 2017 & 2022
Figure 30: Global: Running Gear Market Forecast: Sales through Department and Discount Stores (in Million US$), 2023-2028
Figure 31: Global: Running Gear Market: Online Sales (in Million US$), 2017 & 2022
Figure 32: Global: Running Gear Market Forecast: Online Sales (in Million US$), 2023-2028
Figure 33: Global: Running Gear Market: Sales through Other Distribution Channels (in Million US$), 2017 & 2022
Figure 34: Global: Running Gear Market Forecast: Sales through Other Distribution Channels (in Million US$), 2023-2028
Figure 35: North America: Running Gear Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: North America: Running Gear Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Europe: Running Gear Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Europe: Running Gear Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Asia Pacific: Running Gear Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Asia Pacific: Running Gear Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Middle East and Africa: Running Gear Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Middle East and Africa: Running Gear Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Latin America: Running Gear Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Latin America: Running Gear Market Forecast: Sales Value (in Million US$), 2023-2028
?
