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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. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Running gear refers to the accessories and wearables worn by individuals while running or being engaged in related activities. It primarily includes athletic wearables such as shoes, gloves, jackets, tights, smart watches and goggles. Among these, products such as gloves and jackets are usually skin fit and made from water-resistant materials to prevent chafing of the skin and rain or wind penetration. Running gear also provides a protective layer, thus reducing the chances of any injury and also aids in better air circulation while performing any physical activity. On the other hand, smart running gear devices enable consumers to track their fitness progress, thus helping in keeping an enhanced motivational spirit during formal fitness training.
A significant increase in the number of health-conscious consumers owing to the rising awareness about the advantages of exercising and physical fitness is one of the key factors contributing to the market growth. The widespread acceptance that running is one of the most effective forms of exercises has immensely contributed to the popularity of comfortable running gear products. Moreover, consumers are increasingly becoming inclined toward using advanced technologies owing to the rise in disposable income levels. This has lead to product premiumization and rapid inclusion of these products into consumers’ daily fitness activities such as jogging. Additionally, manufacturers are also incorporating fashionable designs and high-quality fabrics in running apparel to attract new consumers. Moreover, the rising global trend of running marathons and aggressive promotional activities by manufacturers across social media platforms are also contributing to the running gear market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global running gear market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on product, gender and distribution channel.
Breakup by Product:
Breakup by Gender:
Breakup by Distribution Channel:
Breakup by Region:
The report has also analysed the competitive landscape of the market with some of the key players being Adidas AG, ASICS, 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, etc.
IMARC Group’s latest report provides a deep insight into the global running gear market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global running gear industry in any manner.
|Base Year of the Analysis||2021|
|Segment Coverage||Product, Gender, Distribution Channels, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Companies Covered||Adidas AG, ASICS, 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 and Wolverine World Wide|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
The global running gear market was valued at US$ 36.8 Billion in 2021.
We expect the global running gear market to exhibit a CAGR of 6.67% during 2022-2027.
The growing adoption of healthy lifestyles, along with the increasing demand for fashionable designs
and high-quality fabrics in running apparels, is currently driving the global running gear market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from
conventional brick-and-mortar distribution channels towards online retail platforms for the purchase
of running gear.
Based on the product, the global running gear market can be segregated into running footwear,
running apparel, running accessories, and fitness trackers. Among these, running footwear holds the
majority of total market share.
Based on the gender, the global running gear market has been bifurcated into male, female, and
unisex. Currently, male user exhibits a clear dominance in the market.
Based on the distribution channel, the global running gear market can be categorized into specialty
and sports shops, supermarkets and hypermarkets, department and discount stores, online, and
others. Among these, specialty and sports shops account for the majority of the global market share.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle
East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global running gear market include Adidas AG, ASICS, 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, etc.
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