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Trail Sports Accessories Market - Demand among Health-conscious Consumers Expected to Increase
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Trail sports continue to be a trend across all age groups. Trail sport is becoming more of a mass phenomenon, and is gaining attraction of new interested parties, students, and hip young runners. Social running is gaining traction, with many running clubs organizing their runs through online social groups. Although app developers, with their excellent work, have enabled trail runners in running together at high level of terrains, it is yet a challenge for trail runners, and hikers to orient themselves and seek a good application, which is used in common by their community. This has led towards a rise in importance of interfaces, creating a crucial demand for options in transfers to other networks. As customers are orienting themselves online, and then grouping offline for running, their visits to stores have reduced drastically. This has compelled retailers to find solutions to reach the trail community, incurring challenges as well as costs to retailers. These factors might impact growth of the global trail sports accessories market.
The market for wearables is growing significantly, with large number of products available for selection. However, owing to the presence of so many products, selection has become highly unclear, particularly considering tech giants such as Apple and Samsung pushing their products in the market. This further incurs huge challenges for the retailers. The trail community is a cool and laid-back community, with a great networking among them. This entails difficulty for manufacturers, as relatively fewer participants are witnessed in this sport, the weaknesses of new products get noticed easily and the news spreads quickly.
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Transparency Market Research (TMR), in its new research, estimates the global trail sports accessories market to register a moderate CAGR over the forecast period 2017 to 2022. Revenues from global sales of trail sports accessories are expected to exceed US$ 2,000 Mn by 2022-end.
About TMR
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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