Running Gear Market | Increasing number of anti-sweatshop campaigns will drive growth

Trends, Drivers and Vendor Forecasts for 2021-2025

Running gear market is set to post an incremental growth of $ 10.25 billion during 2021-2025. The market will progress at a CAGR of 5.42% during the forecast period. Our analysts provide a detailed understanding of the key players as well as their product portfolios and upcoming pipelines. These insights will enable our clients to gauge potential growth opportunities and thus design their business strategy.

Some of the major market participants are adidas AG, ANTA Sports Products Ltd., ASICS Corp., Columbia Sportswear Co., New Balance Athletics Inc., Nike Inc., PUMA SE, Skechers USA Inc., Under Armour Inc., and VF Corp..

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Running Gear Market: Market Segments and Key Trends

The Running gear market is segmented by Product (Running footwear, Running apparel, and Others) and Geography (APAC, Europe, North America, South America, and MEA). APAC led the market with 35% of the market growth set to originate from this region during the forecast period. Increasing raw material cost impacting pricing strategy is one of the challenges that will need to be overcome to drive growth. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.

Running Gear Market: Top Drivers to Boost Demand

The increasing number of anti-sweatshop campaigns is one of the primary factors driving the growth of the running gear market. The report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals. For additional insights on this market: Download FREE Sample Report. 

Key Focus Areas in Our Reports:

• Running Gear Market Split by Product
  • Running footwear
  • Running apparel
  • Others
• Running Gear Market Split by Geography
  • APAC
  • Europe
  • North America
  • South America
  • MEA

Customer landscape

• Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• North America - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Competitive scenario
• Vendor landscape
• Landscape disruption

Vendor Analysis

• adidas AG
• ANTA Sports Products Ltd.
• ASICS Corp.
• Columbia Sportswear Co.
• New Balance Athletics Inc.
• Nike Inc.
• PUMA SE
• Skechers USA Inc.
• Under Armour Inc.
• VF Corp.

Browse through some of other related market research reports for more insights:

• Hiking And Trail Footwear Market: Accelerating at a CAGR of almost 7.93%, the Global Hiking and trail footwear market is expected to grow by $ 4.25 bn during the forecast period.
• Online Footwear Market: The online footwear market is expected to grow by $ 21.48 bn, accelerating at a CAGR of almost 5.29% during the forecast period.
• Wearables Market: The Global Wearables Market is projected to grow by $ 23.03 bn, accelerating at a CAGR of over 6.70% till 2025.
• Sportswear Market in Germany: The sportswear market in Germany is expected to grow by $ 3.36 bn, accelerating at a CAGR of almost 5.65% during the forecast period.
• Running Footwear Market: The running footwear market is expected to grow by $ 1.16 bn, decelerating at a CAGR of almost -1% during the forecast period.

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market will accelerate at a CAGR of 5.42%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 10.25 bn through 2021-2025.
    
3. What is a key factor driving this market?
   increasing number of anti-sweatshop campaigns will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   35% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are adidas AG, ANTA Sports Products Ltd., ASICS Corp., Columbia Sportswear Co., New Balance Athletics Inc., Nike Inc., PUMA SE, Skechers USA Inc., Under Armour Inc., and VF Corp.
    
7. What are the market segments covered in this report?
   The market is segmented by Product (Running footwear, Running apparel, and Others) and Geography (APAC, Europe, North America, South America, and MEA)