Trail Running Shoes Market By Type Outlook (Light Trail Running Shoes, Rugged Trail Running Shoes, Off Trail Running Shoes) By Distribution Channel Outlook (Online, Offline) - Growth, Future Prospects & Competitive Analysis, 2016 - 2028

The global trail running shoes market report explores the critical analysis of the industry using key parameters. The report consists of investment strategies, the need for investments in the trail running shoe industry, and the multiple benefits for investors. Importantly, this report sets out major changes in the global technical regulations for the trail running shoe industry and how economic and non-economic barriers are helping the market grow. Moreover, the report analyses the global, regional, and country-level historic and forecasted market size. The report also provides a comprehensive analysis of key investment propositions, demand and supply gap, competitors positioning, STAR analysis, SRC analysis, and Tornado analysis. Key technological developments and other analyses include Porter's five forces analysis, PESTEL analysis, value chain analysis, etc.

Key Highlights of the report

How are the major segments performing in the Trail Running Shoes Market?

• In 2021, the light trail running shoe segment dominated the global market regarding type outlook and is expected to continue throughout the projection period. Customers buy these shoes on gravel paths, fire roadways, and sweeping hills more popularly. The shoes are popular among beginners because they are lightweight and provide excellent traction on the ground. The minimal cushioning keeps the feet safe while giving runners a closer connection to the ground.
• In 2021, the offline distribution channel outlook segment accounted for the largest global market share. Consumers prefer to buy footwear and other items from stores to find the right fit, improve the understanding and functionality of shoes, and select the appropriate cushioning.
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Which region dominated the trail running shoe market?

In 2021, North America dominated the global trail running shoe market, and this dominance is anticipated to persist throughout the forecast period. The demand for outdoor activewear, accessories, and footwear is driven by a notable increase in outdoor sporting activities and a stronger reliance on health, which is anticipated to fuel regional trail running shoes market growth. According to the American Trail Running Association, 83% of trail runners wore trail-specific shoes in 2019, up from 78% in 2018. In addition, 83% of runners wore trail-specific shoes while racing on the same surface this year, up from 77% in 2018. Running on trails has become a popular pastime among North Americans. The increase in trail running enthusiasts will give North America more than 35% market revenue share between 2019 and 2029.

How is US Market Performing in the Trail Running Shoes Market?

The United States led the North American trail running shoes market and is expected to continue over the forecast period. The demand for trail running shoes has increased due to rising health consciousness among Americans and growing awareness of the health benefits of running. Trail running shoes have become more popular in the United States than regular running shoes due to their appealing design, comfort, and trail-specificity. The number of trail events in the country has increased significantly, propelling the growth of the trail running shoe industry. These sports are gaining popularity, particularly among teenagers and young adults in the United States. A variety of trail shoes is recommended for athletes and sportspeople. Trail running competitions are also attracting more female participants. The American Trail Running Association estimates that the age group of 40 to 59 represents the majority of trail runners in 2021. The International Trail Running Association (ITRA), which offers some trail running opportunities, has certified more than 4,000 trail races in the country.

What is the competitive environment of the trail running shoes market?

In some regions, the market is very dispersed and a niche. The main players focus on product development and innovation to improve the performance of the shoes. Introducing new products with enhanced capabilities improves the product's overall functionality. The major market participants are also collaborating and merging their businesses to grow. Their main priority is extending their global footprint while utilizing brand loyalty as a functional strategy and meeting changing customer needs. For instance, Asics Group released the GEL-CUMULUS 24, a flexible running shoe designed to provide a comfortable experience for long-distance trail runners, in May 2022. Likewise, Adidas unveiled the Agravic Tech Pro in September 2020, a new trail running shoe made for mountain running. The Agravic underwent a significant upgrade with many new features to help mountain sportsmen in challenging conditions. The Tech Pro's water-resistant top had an asymmetrically zipped gaiter with a Velcro cuff to keep out snow, rain, and debris.

Executive Summary

What are technical developments being developed in the trail running shoe market?

The competitive environment for trail running shoes is significantly influenced by inventive marketing tactics and products that set businesses apart based on technology and functionality. Major brands are introducing products with appealing features so that consumers can quickly get used to them. Continuous R&D, investments in technology and innovation, product standardization, and the introduction new variants in the product portfolio have resulted in profitable markets for trail running shoes. For instance, the Gore-Tex midsole and advanced foam-blowing technology used in the Adidas Terrex Agravic Flow GTX enhance the trail running experience. Likewise, Brooks Sports Inc, an American manufacturer of men's and women's running shoes, introduced the advanced midsole DNA AMP in 2018. This technology accumulates the impact of the foot strike and channels it upward, improving runner performance.

Which are the key investments by the trail-running shoe market players?

Many companies in the trail running shoe market are investing and putting strategic alliances into place to improve their distribution networks. Besides, they are stepping up their efforts to brand their product lines and are heavily investing in marketing. These developments indicate that the market for trail running shoes will expand significantly in the coming years. Salomon, for example, is one of the brands that has been investing in trail running from the beginning. Many runners are introduced to trail running by Salomon through workshops and a significant media campaign. Over the last few seasons, the company has invested a lot of time and money to support the expansion of trail running beyond its core audience.

Some major players in the trail running shoes market are Adidas AG, Nike Inc, Skechers USA Inc, Wolverine World Wide Inc, VF Corporation, New Balance Athletics Inc, Brooks Sports Inc, Asics Group, Deckers Outdoor Corporation, and Amer Sports.

What are the Major Driving Factors for the Trail Running Shoes Market?

One of the key factors fueling the market's expansion is the rising popularity of trail running. The rapidly growing popularity of leisure activities and outdoor sports is expected to drive further trail running shoes market growth over the forecast period. There has been a significant increase in demand for trail running shoes due to growing safety concerns when running off-road. In addition, the number of people participating in trail running has increased significantly in recent years. Customers buy trail running shoes to reduce their chances of injury and fatigue. Due to the high build quality and trail-specific designs of trail running shoes, consumers prefer them over traditional running shoes. Due to the growing popularity of ultra-trail running, there is also an increase in the demand for the gear, clothing, and safety gear necessary for trail running. The rising trend of ethical consumerism is anticipated to offer new opportunities for global trail running shoe market players.

What are the Major Risks for the Trail Running Shoes Market?

Premium trail running shoes require additional effort to reach more consumer base. Despite the promising improvements in hiking experiences, there needs to be more awareness for the majority. Even though the cost is still prohibitive for many, consumers considering long-term use face significant challenges as they have yet to gain prior experience wearing these shoes. The growth of the global trail running shoe market is further anticipated to be constrained in the coming years by increasing market alternatives.

Which is the key type in the trail running shoe market?

The light trail running shoe segment will lead the global market during the forecast period. Customers prefer to purchase these shoes on sweeping hills, fire roadways, and gravel paths. The shoes' popularity among beginners can be attributed to their light weight and superior on-terrain traction. The minimal cushioning protects the feet while making runners feel more connected to the ground. The versatility of light trail running shoes, which can be used for trail running and regular jogging, can be attributed to their popularity with consumers. These shoes balance safety, agility, comfort, and design to satisfy consumer preferences. The outdoor shoe industry is shifting toward lighter-weight products, including trail running shoes, which are traditionally heavier than other shoes.

How is the trail running shoe market performing in regions?

In 2021, North America held a dominant position in the trail running shoe market. Multi-day and festival-based trail-running events are gaining popularity in the region at the top of the field. These activities aim to capture the broader significance of trail running in the region while providing experiences in more environmentally friendly destinations. The Ragnar Relay event is drawn to trail running because participants crave a new challenge and are constantly substituting trail running races for road activities. In the most popular tourist destinations in the United States (Florida, Snowmass, Tahoe, and the Cascades), Ragnar offers 19 weekend-long events. Ragnar Trail races enable the company to launch multi-platform marketing initiatives nationwide, with more than 35,000 active regional participants each year. The Ultra-Trail du Mont-Blanc (UTMB) regional trail running event also promotes the development of trail shoe demand.

Asia Pacific is predicted to hold the second-largest global trail running shoes market share. China is driving the demand, owing to the country's growing numbers of participants and races. Chinese trail running competitions went from almost non-existent to 1,500 in 2019 over the previous five years. Numerous regional races that adhere to western standards, like the Ultra Gobi and Hong Kong 100, are also gaining popularity. A marathon run surge supports the trend of trail running in the region. Asia Pacific experienced a 262.9% increase in marathon running from 2009 to 2019, in contrast to the global growth of 49.4% during the same period. The number of races and competitors has increased, and regional nations like Japan, China, and India are creating spaces for local manufacturers to produce trail shoes. The pervasiveness of regional trail running competitions has grown significantly, promoting the use of trail shoes.

What is the regulatory landscape for the trail-running shoe market?

Growing health consciousness encourages many global populations to participate in trail running and other recreational activities. As a result, there has been a significant increase in trail running competitions. Growing government support for trail running is also helping to propel the market forward. For instance, on August 28th, 2018, the International Trail Running Association (ITRA) and World Mountain Running Association (WMRA) announced a collaboration with the IAAF, ushering in a new era for two of the world's largest running community members. The two athletic associations changed the agreement to make them technical partners of the IAAF. They will collaborate with the International Association of Ultrarunning (IAU), a consulting partner, to capitalize on the potential of trail and hillside running.

What is the Market Size of the Trail Running Shoes regarding value?

The global trail running shoe market is anticipated to grow at a substantial CAGR of 5.7% in the upcoming years. The global trail running shoe industry is estimated to be worth USD 6.8 Billion in 2021 and is expected to be worth USD 9.48 Billion by 2028.

What are the major players planning for the future of the trail running shoe market?

Trail running has gained much popularity in recent years. Trail running draws participants deeper into the natural environment by combining endurance and meticulous footwork. Key market players emphasize lightweight, cost-effective, and secure options, and consumers are investing in high-quality, long-lasting equipment and constantly focusing on women-specific design. The manufacturers focus on advancing lightweight, quick-moving equipment and offer customizable footwear. Improvements in trail footwear grip and traction on lightweight and rough surfaces produce a robust trail footwear structure. The increased use of recycled materials and environmentally friendly manufacturing methods result in high-quality trail shoes. For instance, New Balance announced in March 2022 that it would expand its green leaf product line to include some trail running footwear, concentrating on high-demand models and colorways from two of the brand's most popular trail footwear manufacturers, the Fresh Foam 1080v12 and the 574. Polyester and leather are two of the most prevalent climate-impacting materials used by New Balance. This program is meant to help the company achieve its goal of sourcing 50% recycled polyester and 100% preferred leather.

Segmentation of Global Trail Running Shoes Market -

Global Trail Running Shoes Market – By Type Outlook

• Light Trail Running Shoes
• Rugged Trail Running Shoes
• Off Trail Running Shoes

Global Trail Running Shoes Market – By Distribution Channel Outlook

• Online
• Offline

Global Trail Running Shoes Market – By Region

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK.
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • South-east Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa