GCC Running Gear Market To Reach US$ 1,290 Million By 2028 | Industry Growth Rate (CAGR) of 6.7%

According to the latest report by IMARC Group, titled "GCC Running Gear Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", the GCC running gear market size reached US$ 830 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,290 Million by 2028, exhibiting a growth rate (CAGR) of 6.7% during 2023-2028. Running gear represents devices that are worn by individuals while running or performing sports-related activities. It commonly includes athletic wear products, such as jackets, belts, socks, running shoes, gloves, etc. These products comprise a protective layer to prevent injuries and offer adequate air circulation to the wearer during running or fitness training. In line with this, some of the widely utilized accessories, including gloves and jackets, are skin fit and fabricated by water-resistant and scratch-resistant materials to minimize skin chafing and penetration of wind and rain. Wearable devices, such as smartwatches and heart rate monitors, are extensively utilized by athletes and runners for tracking and monitoring their progress.

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GCC Running Gear Market Growth:

The growing prevalence of obesity among individuals is primarily driving the GCC running gear market. Additionally, the widespread adoption of aggressive promotional activities by leading manufacturers via social media platforms and the rising product premiumization are further catalyzing the market growth. Besides this, the inflating popularity of running and other high-intensity forms of exercise and the rising disposable income levels are acting as significant growth-inducing factors. Moreover, the increasing consumer health consciousness, continuous product innovations, and numerous celebrity endorsements by key market players are also propelling the market growth across the country. Apart from this, the development of smart running gear devices that enable users to track their fitness progress, thereby helping in keeping an enhanced motivational spirit during formal fitness training, is stimulating the market growth. Furthermore, the introduction of high-quality fabrics with aesthetically appealing designs is expected to fuel the GCC running gear market over the forecasted period.

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Key Market Segmentation:

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 Country:

• Saudi Arabia
• UAE
• Qatar
• Oman
• Kuwait
• Bahrain

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Highlights of the Report:

• Market Performance
• Market Outlook
Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

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