Press release
Running Shoes Market to Reach USD 70.33 Billion by 2030
๐๐ฎ๐ง๐ง๐ข๐ง๐ ๐๐ก๐จ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ข๐ฌ๐๐ ๐๐จ๐ซ ๐๐ข๐ ๐ง๐ข๐๐ข๐๐๐ง๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก: ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐๐ซ๐๐ง๐๐ฌ, ๐๐ง๐ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ฉ๐๐๐ญ๐๐ฌThe running shoes market is witnessing unprecedented growth, driven by increasing health consciousness, innovative product launches, and expanding consumer preferences. The global market is projected to grow at a CAGR of 5.1% from 2024 to 2030, reaching an estimated valuation of USD 70.33 billion by 2030. This press release delves into regional insights, highlighting growth opportunities, trends, and recent developments in key markets such as Vietnam, Thailand, Japan, South Korea, Singapore, the US, and Europe.
๐๐๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/request-sample/193998/
๐๐ฎ๐ง๐ง๐ข๐ง๐ ๐๐ก๐จ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ:
๐ป๐๐๐๐ ๐ ๐๐ ๐ฝ๐๐๐๐๐๐
Vietnam's running shoes market is witnessing robust growth, driven by rising urbanization and a growing interest in fitness. The local demand for premium and eco-friendly products is increasing significantly.
๐ถ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ฝ๐๐๐๐๐๐
The entry of global brands like ๐๐๐ข๐๐๐ฌ and ๐๐ข๐ค๐ has intensified competition, while local manufacturers are also gaining traction with affordable alternatives.
๐ฒ๐๐ ๐น๐๐๐๐๐ ๐ซ๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ฝ๐๐๐๐๐๐
In 2023, ๐๐ข๐ค๐ ๐๐ข๐๐ญ๐ง๐๐ฆ expanded its production facilities, catering to increasing global demand. Collaborations between Vietnamese brands and international players have also been on the rise, boosting local expertise.
๐๐ฎ๐ง๐ง๐ข๐ง๐ ๐๐ก๐จ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ ๐ฎ๐๐ฅ๐๐ ๐๐ฒ ๐๐ข๐ฌ๐ข๐ง๐ ๐๐๐๐ฅ๐ญ๐ก ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐:
๐ฎ๐๐๐๐๐ ๐๐ ๐ป๐๐๐๐๐๐๐
Thailand has emerged as a growing market for running shoes, with fitness tourism and marathons driving demand. The market is supported by increasing disposable income and consumer inclination toward branded sportswear.
๐ป๐๐๐๐ ๐ ๐๐ ๐ป๐๐๐๐๐๐๐
Sustainability trends are influencing purchasing decisions, with consumers favoring eco-friendly materials and ethical manufacturing practices.
๐ช๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐ ๐ป๐๐๐๐๐๐๐
In 2023, ๐๐๐๐๐ญ๐ก๐ฅ๐จ๐ง acquired a major stake in a Thai-based sportswear retailer, signaling market consolidation.
๐๐ฎ๐ง๐ง๐ข๐ง๐ ๐๐ก๐จ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง:
๐ฐ๐๐๐๐๐๐๐๐๐ ๐ฎ๐๐๐๐๐ ๐๐ ๐ฑ๐๐๐๐
Japan remains a leader in technological advancements, with companies like ๐๐๐๐๐ ๐๐ง๐ ๐๐ข๐ณ๐ฎ๐ง๐จ introducing cutting-edge footwear designs to enhance performance and comfort.
๐ถ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ฑ๐๐๐๐
The growing elderly population has opened opportunities for orthopedic running shoes, while young athletes continue to favor high-performance products.
๐๐๐ฒ ๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง
In 2023, ๐๐๐๐๐ partnered with top athletes to co-develop new product lines, reinforcing its brand position.
๐๐ฎ๐ง๐ง๐ข๐ง๐ ๐๐ก๐จ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐:
๐ป๐๐๐๐ ๐ ๐๐ ๐บ๐๐๐๐ ๐ฒ๐๐๐๐
The running culture in South Korea is expanding, with marathons and fitness events contributing to the growth of running shoes. Fashion-forward consumers are driving demand for stylish and functional footwear.
๐ถ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐บ๐๐๐๐ ๐ฒ๐๐๐๐
Local brands like ๐ ๐ข๐ฅ๐ ๐๐จ๐ซ๐๐ are competing fiercely with global players, leveraging innovation and marketing campaigns.
๐ช๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐ ๐บ๐๐๐๐ ๐ฒ๐๐๐๐
In 2023, ๐ ๐ข๐ฅ๐ ๐๐จ๐ซ๐๐ acquired a local footwear startup specializing in eco-friendly designs, strengthening its portfolio.
๐๐ฎ๐ง๐ง๐ข๐ง๐ ๐๐ก๐จ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ง๐ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐:
๐ฎ๐๐๐๐๐ ๐ถ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐บ๐๐๐๐๐๐๐๐
Singapore's affluent market offers significant opportunities for premium and technologically advanced running shoes.
๐ป๐๐๐๐ ๐ ๐๐ ๐บ๐๐๐๐๐๐๐๐
Customization is a key trend, with companies offering bespoke products tailored to individual needs.
๐ฒ๐๐ ๐น๐๐๐๐๐ ๐ซ๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐บ๐๐๐๐๐๐๐๐
In 2023, ๐๐ง๐๐๐ซ ๐๐ซ๐ฆ๐จ๐ฎ๐ซ launched its Southeast Asia headquarters in Singapore, focusing on regional growth.
๐๐ฎ๐ง๐ง๐ข๐ง๐ ๐๐ก๐จ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐ซ๐ฅ๐'๐ฌ ๐๐๐ซ๐ ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐ข๐ง ๐๐:
๐ถ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐ผ๐บ
The US continues to dominate the global running shoes market, driven by a well-established sports culture and a strong consumer base.
๐ป๐๐๐๐ ๐ ๐๐ ๐๐๐ ๐ผ๐บ
Innovations like smart running shoes equipped with sensors are reshaping the market landscape.
๐ช๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐ ๐๐๐ ๐ผ๐บ
In 2023, New Balance acquired a startup specializing in AI-driven footwear technology, paving the way for next-generation products.
๐๐ฎ๐ง๐ง๐ข๐ง๐ ๐๐ก๐จ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐:
๐ป๐๐๐๐ ๐ ๐๐ ๐ฌ๐๐๐๐๐
Sustainability remains the cornerstone of the European market, with consumers preferring recycled materials and ethical manufacturing practices.
๐ฎ๐๐๐๐๐ ๐๐ ๐ฌ๐๐๐๐๐
Germany, France, and the UK are key markets, with increasing participation in recreational sports driving demand.
๐ฒ๐๐ ๐น๐๐๐๐๐ ๐ซ๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ฌ๐๐๐๐๐
In 2023, ๐จ๐ ๐๐ ๐๐ introduced a fully recyclable running shoe, setting a benchmark for sustainable innovation.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/193998/
๐๐ฎ๐ง๐ง๐ข๐ง๐ ๐๐ก๐จ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
๐๐ฒ ๐๐ฒ๐ฉ๐
Road Running Shoes
Trail Running Shoes
Treadmill Shoes
Others
The running shoe market is divided into several product categories, including road running shoes, trail running shoes, treadmill shoes, and others. The road running shoes category dominates the running shoe industry, accounting for the majority of the market share in 2023. Trail running shoes are the second largest category of the running shoe market. The trail running shoes segment is predicted to rise at a substantial CAGR over the forecast period, owing to the growing popularity of trail running.
๐๐ฒ ๐๐ซ๐ข๐๐ ๐๐๐ง๐ ๐
Affordable
Mid-range
High- end
๐๐ฒ ๐๐ง๐-๐๐ฌ๐๐ซ
Men
Women
Children
Men held 55% of the market share in 2023. In the coming years, this category is projected to dominate the market. This market is expanding as men, particularly in industrialized nations, run more. Women accounted for 35% of the market share in 2023. This category is likely to grow dramatically. This category is expanding as people become more aware of the health benefits of physical activity, and more women participate in sports and fitness.
๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ
Offline
Online
In 2023, offline distribution channels accounted for 65% of total sales. In the coming years, this category is projected to dominate the market. The majority of running shoes are sold at sportswear and department stores. In 2023, 30% of sales were made online. This category is likely to grow dramatically. Online shopping and the availability of running shoes are growing this specialty. In 2022, 5% of sales were direct to consumer. This category is expected to grow the fastest. This market is expanding thanks to direct-to-consumer (DTC) brands and running shoes sold through DTC websites.
๐ ๐จ๐ซ ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐จ๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ฌ๐ญ๐ฎ๐๐ฒ, ๐ง๐๐ฏ๐ข๐ ๐๐ญ๐ ๐ญ๐จ: https://www.maximizemarketresearch.com/request-sample/193998/
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐จ๐ ๐๐ฎ๐ง๐ง๐ข๐ง๐ ๐๐ก๐จ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ:
1. Nike, Inc. (United States)
2. New Balance Athletics, Inc. (United States)
3. Brooks Sports, Inc. (United States)
4. Under Armour, Inc. (United States)
5. Skechers USA, Inc. (United States)
6. Adidas AG (Germany)
7. ASICS Corporation (Japan)
8. Puma SE (Germany)
9. Salomon S.A.S. (France)
10. Hoka One One (United States)
11. Mizuno Corporation (Japan)
12. Li-Ning Company Limited (China)
13. Anta Sports Products Limited (China)
14. Xtep International Holdings Limited (China)
15. Cape Union Mart (South Africa)
16. Hi-Tec Sports (South Africa)
17. Sportsmans Warehouse (South Africa)
18. Kalenji (France)
19. Decathlon (France)
20. Olympikus (Brazil)
21. Penalty (Brazil)
22. Rainha (Brazil)
23. Topper (Argentina)
24. Fila (Brazil)
๐ ๐จ๐ซ ๐๐๐๐ฉ๐๐ซ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ฉ๐๐ซ๐ฎ๐ฌ๐ ๐ญ๐ก๐ ๐ฌ๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ:
Hydrogen Energy Transition Market https://www.maximizemarketresearch.com/market-report/hydrogen-energy-transition-market/193911/
Power Grid Market https://www.maximizemarketresearch.com/market-report/power-grid-market/195591/
Marine Battery Market https://www.maximizemarketresearch.com/market-report/marine-battery-market/188834/
Hydraulic Fracturing Market https://www.maximizemarketresearch.com/market-report/global-hydraulic-fracturing-market/11697/
Water Desalination Equipment Market https://www.maximizemarketresearch.com/market-report/water-desalination-equipment-market/74584/
Global Thermoelectric Generators Market https://www.maximizemarketresearch.com/market-report/global-thermoelectric-generators-market/29591/
Global Smart Irrigation Controllers Market https://www.maximizemarketresearch.com/market-report/global-smart-irrigation-controllers-market/111459/
Global Virtual Power Plant Market https://www.maximizemarketresearch.com/market-report/virtual-power-plan-market/14847/
Switchgear Market https://www.maximizemarketresearch.com/market-report/global-switchgear-market/1237/
Rainwater Harvesting Market https://www.maximizemarketresearch.com/market-report/rainwater-harvesting-market/12432/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ
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