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Running Shoes Market to Reach USD 70.33 Billion by 2030

Running Shoes Market

Running Shoes Market

๐‘๐ฎ๐ง๐ง๐ข๐ง๐  ๐’๐ก๐จ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐จ๐ข๐ฌ๐ž๐ ๐Ÿ๐จ๐ซ ๐’๐ข๐ ๐ง๐ข๐Ÿ๐ข๐œ๐š๐ง๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก: ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐“๐ซ๐ž๐ง๐๐ฌ, ๐š๐ง๐ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐”๐ฉ๐๐š๐ญ๐ž๐ฌ

The 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.

๐†๐ž๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/request-sample/193998/

๐‘๐ฎ๐ง๐ง๐ข๐ง๐  ๐’๐ก๐จ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ:

๐‘ป๐’“๐’†๐’๐’…๐’” ๐’Š๐’ ๐‘ฝ๐’Š๐’†๐’•๐’๐’‚๐’Ž
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.

๐‘ถ๐’‘๐’‘๐’๐’“๐’•๐’–๐’๐’Š๐’•๐’Š๐’†๐’” ๐’Š๐’ ๐‘ฝ๐’Š๐’†๐’•๐’๐’‚๐’Ž
The entry of global brands like ๐€๐๐ข๐๐š๐ฌ and ๐๐ข๐ค๐ž has intensified competition, while local manufacturers are also gaining traction with affordable alternatives.

๐‘ฒ๐’†๐’š ๐‘น๐’†๐’„๐’†๐’๐’• ๐‘ซ๐’†๐’—๐’†๐’๐’๐’‘๐’Ž๐’†๐’๐’•๐’” ๐’Š๐’ ๐‘ฝ๐’Š๐’†๐’•๐’๐’‚๐’Ž
In 2023, ๐๐ข๐ค๐ž ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ 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.

๐‘๐ฎ๐ง๐ง๐ข๐ง๐  ๐’๐ก๐จ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐…๐ฎ๐ž๐ฅ๐ž๐ ๐›๐ฒ ๐‘๐ข๐ฌ๐ข๐ง๐  ๐‡๐ž๐š๐ฅ๐ญ๐ก ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐:

๐‘ฎ๐’“๐’๐’˜๐’•๐’‰ ๐’Š๐’ ๐‘ป๐’‰๐’‚๐’Š๐’๐’‚๐’๐’…
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.

๐‘ป๐’“๐’†๐’๐’…๐’” ๐’Š๐’ ๐‘ป๐’‰๐’‚๐’Š๐’๐’‚๐’๐’…
Sustainability trends are influencing purchasing decisions, with consumers favoring eco-friendly materials and ethical manufacturing practices.

๐‘ช๐’๐’๐’”๐’๐’๐’Š๐’…๐’‚๐’•๐’Š๐’๐’ ๐’Š๐’ ๐‘ป๐’‰๐’‚๐’Š๐’๐’‚๐’๐’…
In 2023, ๐ƒ๐ž๐œ๐š๐ญ๐ก๐ฅ๐จ๐ง acquired a major stake in a Thai-based sportswear retailer, signaling market consolidation.

๐‘๐ฎ๐ง๐ง๐ข๐ง๐  ๐’๐ก๐จ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง:

๐‘ฐ๐’๐’๐’๐’—๐’‚๐’•๐’Š๐’๐’ ๐‘ฎ๐’“๐’๐’˜๐’•๐’‰ ๐’Š๐’ ๐‘ฑ๐’‚๐’‘๐’‚๐’
Japan remains a leader in technological advancements, with companies like ๐€๐’๐ˆ๐‚๐’ ๐š๐ง๐ ๐Œ๐ข๐ณ๐ฎ๐ง๐จ introducing cutting-edge footwear designs to enhance performance and comfort.

๐‘ถ๐’‘๐’‘๐’๐’“๐’•๐’–๐’๐’Š๐’•๐’Š๐’†๐’” ๐’Š๐’ ๐‘ฑ๐’‚๐’‘๐’‚๐’
The growing elderly population has opened opportunities for orthopedic running shoes, while young athletes continue to favor high-performance products.

๐Š๐ž๐ฒ ๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง
In 2023, ๐€๐’๐ˆ๐‚๐’ partnered with top athletes to co-develop new product lines, reinforcing its brand position.

๐‘๐ฎ๐ง๐ง๐ข๐ง๐  ๐’๐ก๐จ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š:

๐‘ป๐’“๐’†๐’๐’…๐’” ๐’Š๐’ ๐‘บ๐’๐’–๐’•๐’‰ ๐‘ฒ๐’๐’“๐’†๐’‚
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.

๐‘ถ๐’‘๐’‘๐’๐’“๐’•๐’–๐’๐’Š๐’•๐’Š๐’†๐’” ๐’Š๐’ ๐‘บ๐’๐’–๐’•๐’‰ ๐‘ฒ๐’๐’“๐’†๐’‚
Local brands like ๐…๐ข๐ฅ๐š ๐Š๐จ๐ซ๐ž๐š are competing fiercely with global players, leveraging innovation and marketing campaigns.

๐‘ช๐’๐’๐’”๐’๐’๐’Š๐’…๐’‚๐’•๐’Š๐’๐’ ๐’Š๐’ ๐‘บ๐’๐’–๐’•๐’‰ ๐‘ฒ๐’๐’“๐’†๐’‚
In 2023, ๐…๐ข๐ฅ๐š ๐Š๐จ๐ซ๐ž๐š acquired a local footwear startup specializing in eco-friendly designs, strengthening its portfolio.

๐‘๐ฎ๐ง๐ง๐ข๐ง๐  ๐’๐ก๐จ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐š๐ง๐ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž:

๐‘ฎ๐’“๐’๐’˜๐’•๐’‰ ๐‘ถ๐’‘๐’‘๐’๐’“๐’•๐’–๐’๐’Š๐’•๐’Š๐’†๐’” ๐’Š๐’ ๐‘บ๐’Š๐’๐’ˆ๐’‚๐’‘๐’๐’“๐’†
Singapore's affluent market offers significant opportunities for premium and technologically advanced running shoes.

๐‘ป๐’“๐’†๐’๐’…๐’” ๐’Š๐’ ๐‘บ๐’Š๐’๐’ˆ๐’‚๐’‘๐’๐’“๐’†
Customization is a key trend, with companies offering bespoke products tailored to individual needs.

๐‘ฒ๐’†๐’š ๐‘น๐’†๐’„๐’†๐’๐’• ๐‘ซ๐’†๐’—๐’†๐’๐’๐’‘๐’Ž๐’†๐’๐’•๐’” ๐’Š๐’ ๐‘บ๐’Š๐’๐’ˆ๐’‚๐’‘๐’๐’“๐’†
In 2023, ๐”๐ง๐๐ž๐ซ ๐€๐ซ๐ฆ๐จ๐ฎ๐ซ launched its Southeast Asia headquarters in Singapore, focusing on regional growth.

๐‘๐ฎ๐ง๐ง๐ข๐ง๐  ๐’๐ก๐จ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐–๐จ๐ซ๐ฅ๐'๐ฌ ๐‹๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง ๐”๐’:

๐‘ถ๐’‘๐’‘๐’๐’“๐’•๐’–๐’๐’Š๐’•๐’Š๐’†๐’” ๐’Š๐’ ๐’•๐’‰๐’† ๐‘ผ๐‘บ
The US continues to dominate the global running shoes market, driven by a well-established sports culture and a strong consumer base.

๐‘ป๐’“๐’†๐’๐’…๐’” ๐’Š๐’ ๐’•๐’‰๐’† ๐‘ผ๐‘บ
Innovations like smart running shoes equipped with sensors are reshaping the market landscape.

๐‘ช๐’๐’๐’”๐’๐’๐’Š๐’…๐’‚๐’•๐’Š๐’๐’ ๐’Š๐’ ๐’•๐’‰๐’† ๐‘ผ๐‘บ
In 2023, New Balance acquired a startup specializing in AI-driven footwear technology, paving the way for next-generation products.

๐‘๐ฎ๐ง๐ง๐ข๐ง๐  ๐’๐ก๐จ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ซ๐ข๐ฏ๐ข๐ง๐  ๐’๐ฎ๐ฌ๐ญ๐š๐ข๐ง๐š๐›๐ข๐ฅ๐ข๐ญ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž:

๐‘ป๐’“๐’†๐’๐’…๐’” ๐’Š๐’ ๐‘ฌ๐’–๐’“๐’๐’‘๐’†
Sustainability remains the cornerstone of the European market, with consumers preferring recycled materials and ethical manufacturing practices.

๐‘ฎ๐’“๐’๐’˜๐’•๐’‰ ๐’Š๐’ ๐‘ฌ๐’–๐’“๐’๐’‘๐’†
Germany, France, and the UK are key markets, with increasing participation in recreational sports driving demand.

๐‘ฒ๐’†๐’š ๐‘น๐’†๐’„๐’†๐’๐’• ๐‘ซ๐’†๐’—๐’†๐’๐’๐’‘๐’Ž๐’†๐’๐’•๐’” ๐’Š๐’ ๐‘ฌ๐’–๐’“๐’๐’‘๐’†
In 2023, ๐‘จ๐’…๐’Š๐’…๐’‚๐’” introduced a fully recyclable running shoe, setting a benchmark for sustainable innovation.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐ž๐ž๐ค ๐ข๐ง๐ฌ๐ข๐๐ž? ๐†๐ซ๐š๐› ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/193998/

๐‘๐ฎ๐ง๐ง๐ข๐ง๐  ๐’๐ก๐จ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

๐›๐ฒ ๐“๐ฒ๐ฉ๐ž

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.

๐›๐ฒ ๐๐ซ๐ข๐œ๐ž ๐‘๐š๐ง๐ ๐ž

Affordable
Mid-range
High- end

๐›๐ฒ ๐„๐ง๐-๐”๐ฌ๐ž๐ซ

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.

๐›๐ฒ ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ

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…๐จ๐ซ ๐š ๐œ๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐จ๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ฌ๐ญ๐ฎ๐๐ฒ, ๐ง๐š๐ฏ๐ข๐ ๐š๐ญ๐ž ๐ญ๐จ: https://www.maximizemarketresearch.com/request-sample/193998/

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐‘๐ฎ๐ง๐ง๐ข๐ง๐  ๐’๐ก๐จ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

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…๐จ๐ซ ๐๐ž๐ž๐ฉ๐ž๐ซ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ฉ๐ž๐ซ๐ฎ๐ฌ๐ž ๐ญ๐ก๐ž ๐ฌ๐ฎ๐ฆ๐ฆ๐š๐ซ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ:

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/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ

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