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Running Footwear Market is worth USD 24,369 in total. 72 million is Anticipated to Increase at an 8% CAGR by 2028

Running Footwear Market

Running Footwear Market

The Running footwear market size is worth USD 24,369 in total. For the forecasted period of 2021 to 2028, the population of 72 million is projected to increase at a compound annual growth rate of 8%. Report on the running shoe industry examines the expansion that is now occurring as a result of the rising popularity of numerous sports.

Running shoes or footwear are specifically made for off-road use and include several design elements that are not present in models used on roads. Jogging shoes are designed to be used when running or strolling outside on a natural surface while also utilising the local geography.

One of the main reasons influencing the growth rate of the running footwear market is the rising awareness of the value of fitness and the rising participation of nations in sports and games. Running shoes are also widely used on a daily basis, and the market for running footwear is expected to rise from 2021 to 2028 as a result. These shoes are easily accessible and come in a variety of price points, from cheap athletic shoes to extremely expensive sports shoes.

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Global Running Footwear Market Scope and Market Size

Running footwear market is segmented on the basis of product type, gender and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

Based on product type, the running footwear market is segmented into barefoot shoes, low profile shoes, traditional shoes, maximalist shoes and others.

The gender segment of the running footwear market is segmented into men, women and kids.

On the basis of distribution channel, the running footwear market is segmented into shoe stores, sports and athletic goods stores, supermarket, hypermarket, e-commerce and others.

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Running Footwear Market Country Level Analysis

Running footwear market is analyzed and market size, volume information is provided by country, product type, gender and distribution channel as referenced above.

The countries covered in the running footwear market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America leads the running footwear market because of the increasing enthusiasm among the citizens for sports, fitness and running activities in this particular region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the increasing levels of disposable income, growing enthusiasm for participating in various sports event and increasing penetration of e-commerce within the region.

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Competitive Landscape and Running Footwear Market Share Analysis

The major players covered in the running footwear market report are:

PUMA SE, ADIDAS AG, Alpinestars, Dainese S.p.A, Nike Inc., BATA INDIA LIMITED, Guccio Gucci S.p.A., ZARA, Louis Vuitton Malletier SAS, C&J Clark International, ASICS Asia Pte. Ltd., Wolverine World Wide, Inc., DECKERS BRANDS, Under Armour, Inc., Anta Shop, Saucony, SKECHERS USA, Inc., Hush Puppies, FILA Luxembourg, S.a.r.l., and SPARCO S.P.A.,   among other domestic and global players.

Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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