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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 increasing consumer inclination towards running gear for reducing the risk of injuries while fitness training or sports events, represents one of the key factors catalyzing the global running gear market.
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 currently holds the largest segment.
Based on the gender, the global running gear market has been bifurcated into male, female, and unisex. Currently, male 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 currently account for the majority of the total 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 and Wolverine World Wide, etc.
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