Running Gear Market 2022: Industry Insight, Growth Drivers, Trends, Global Analysis and Forecast by 2027

Published February 13, 2023

The latest report published by IMARC Group, titled “Running Gear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on running gear market segments. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global running gear market reached a value of US$ 36.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 55.8 Billion by 2027, exhibiting at a CAGR of 6.67% during 2022-2027.

Running gear refers to the equipment and clothing that individuals wear or use to enhance their performance and comfort while running. It includes several athletic wearables, such as shoes, jackets, tights, gloves, smartwatches, and goggles. These products are designed as skin-fit and are manufactured from water-resistant materials to prevent chafing of the skin and rain or wind penetration. It also provides a protective layer, thus reducing the chances of any injury, and also assists in better air circulation while performing any physical activity. Besides, smart running gear devices enable consumers to track their fitness progress and help in maintaining an enhanced motivational spirit during formal fitness training.

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Market Trends:

A significant increase in the number of health-conscious consumers is driving the global market. This can be supported by the rising awareness about the advantages of exercising and physical fitness among the masses. In line with this, several major companies are heavily investing in developing new gear that is more comfortable, durable, fashionable, and performance-oriented, thus providing a boost to the market. Moreover, growing awareness about the benefits of running as it aids in numerous health benefits, including improved cardiovascular health, weight management, and reduced stress levels is supporting the market. Furthermore, the rising global trend of running marathons and aggressive promotional activities by manufacturers across social media platforms are creating a positive market outlook.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

  • Adidas AG
  • New Balance
  • Nike
  • Skechers USA, Inc.
  • Amer Sports
  • British Knights
  • Columbia Sportswear Company
  • Fitbit
  • Garmin
  • Kering (Puma)
  • Newton Running
  • The Rockport Group
  • Under Armour
  • VF Corporation
  • Wolverine World Wide

Running Gear Market Segmentation:

Our report has categorized the market based on region, product, gender and distribution channel.

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 Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • 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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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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