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Global Running Shoes Market Overview Covering Forecast Market Size And Growth Rate | Salomon, Nike Inc., Adidas AG, VF Corporation, Puma SE, Skechers USA Inc., Under Armour Inc
Running Shoes Global Market Report
The Business Research Company's Running Shoes Global Market Report 2023 identifies the increasing number of sports and recreational activities is expected to propel the growth of the running shoe market going forward. Recreational activity is an outdoor activity conducted for exercise, relaxation, or pleasure. It includes walking, swimming, meditation, reading, playing games, and dancing. The appropriate running shoes that suit various activities style are critical for avoiding frequent injuries
The global running shoes market is expected to grow from $45.16 billion in 2022 to $48.18 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The running shoes market is expected to reach $60.37 billion in 2027 at a CAGR of 5.8%.
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Major players in the running shoes market are Salomon, Nike Inc., Adidas AG, VF Corporation, Puma SE, Skechers USA Inc., Under Armour Inc., New Balance Athletics Inc., ASICS Corporation, Deckers Brands, Columbia Sportswear Company, FILA Luxembourg S.a.r.l., Reebok International Limited, Mizuno Corporation, Brooks Running Co., The North Face Inc., Merrell, Vans Inc., La Sportiva SPA, Scott Sports SA, Saucony Inc., Vasque, Inov-8 Inc., Karhu Holding BV, Topo Athletic Inc., Pearl Izumi Inc., Lotto Sport Italia SpA, Newton Running Company, Altra Running, and Zoot Sports.
A key trend in the Running Shoes market includes the Product innovations are a key trend gaining popularity in the running shoe market. Major companies operating in the running shoe market are focused on developing innovative products to strengthen their position in the market.
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The Running Shoes market is segmented -
1) By Product type: Stability Shoes, Motion Control Shoes, Cushion Shoes
2) By Type: Road, Treadmill, Trail, Mud, Snow
3) By Closure: Lace-Up, Single-Pull Lace, Bungee Lace, Other Closures
4) By Distribution Channel: Online, Offline
5) By End User: Men, Women, Kids
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Running Shoes market.
The Business Research Company's "Global Running Shoes Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Running Shoes Market Include:
1. Executive Summary
2. Running Shoes Market Characteristics
3. Running Shoes Market Trends And Strategies
4. Running Shoes Market - Macro Economic Scenario
5. Running Shoes Market Size And Growth
……
27. Running Shoes Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Running Shoes Market
29. Running Shoes Market Future Outlook and Potential Analysis
30. Appendix
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