Press release
Germany Running Footwear Market will grow at a CAGR of 6.1% during the forecast period of 2022 to 2029
The Germany running footwear market will grow at a CAGR of 6.1% during the forecast period of 2022 to 2029. The running footwear is essential as footwear has become a necessity for humans. The demand for footwear may fluctuate little, but it will never get over.Footwear is garments or apparel used to cover feet, such as shoes, sandals, and boots. The purpose of footwear is to protect against the adversities of the environment. The footwear is made for men, women, and children end-users. It is of various types, including shoes, sandals, loafers, sneakers, slippers, and boots. It is now a basic need for human life.
Footwear should be comfortable to the feet, as ill-fitted footwear can cause injury and sprain to feet and legs. Athletic shoes are running shoes used majorly to play sports, including basketball, golf, tennis, boxing, and many others, running, walking, and exercising. Various materials are also used to make running footwear, such as leather, rubber, cotton, polyester, and plastic.
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Running Footwear Market Dynamics
Drivers
Growth in Health Consciousness Among All Generations
Increased health awareness among all generation of the population has a positive impact, rising health & fitness consciousness indicates that consumers are concerned about their health and are more likely to improve their health standards this hoisting the market growth.
Rise of E-Commerce and Other Online Platforms
E-commerce or electronic commerce is the process of buying and selling of goods and services over an electronic network or online platform, primarily the internet. In recent times, widespread use of E-commerce platforms such as Amazon, Flipkart and eBay is providing is one of the huge factor for the market growth.
Increasing Sporting Culture Scenario and Events in the Region
Sporting events and sporting culture has a direct correlation with running shoe footwear market, as athletes participating in such events will require running shoes for warming up, practice and others. Moreover, the new generation of German society will also get inspired by the sporting culture which will directly boost the sales of running footwear market.
Covid-19 Impact on Running Footwear Market
The COVID-19 has negatively affected the market. Lockdowns and isolation during pandemics complicate the supply chain management of the footwear raw materials and products. This has led to shortage of footwear products in market. Consumer demand for running footwear products spiked post COVID as slight relaxation where given, but the shortage of raw materials for fabrication and manufacturing continued to stay due port congestion and labor shortages due to heavy impact of the COVID-19.
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Recent Development
Germany Running Footwear Market Scope
Type
Neutral Shoes
Motion Control Shoes
Stability Shoes
Cushioning Shoes
Trail Shoes
Others
Waterproofing
Waterproof
Water Repellent
Product Type
With Laces
Laceless Shoes
Price Range
Economy
Medium
High
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Distribution Channel
Supermarkets/Hypermarkets
Multi-Brand Stores
E-Commerce
Others
Application
Professional User
Recreational User
End-User
Men
Women
Kids
Germany Running Footwear Market Regional Analysis/Insights
The running footwear market is analysed and market size insights and trends are provided by country, type, waterproofing type, product type, application, price range, distribution channel, and end-user as referenced above.
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries.
Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
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