Reports Coverage
Running Gears Market Key Insights
Running Gears Market Analysis by Regions
Running Gears Market Analysis by Segments
Running Gears Market Size (current and future)
Running Gears Market Competitive Benchmarking
a year ago
Report Scope
This latest report researches the industry structure, capacity, production, sales (consumption), revenue, price and gross margin. Major producers' production locations, market shares, industry ranking and profiles are presented. The primary and secondary research is done in order to access up-to-date government regulations, market information and industry...
The running gears market is the industry that manufactures and sells devices and equipment that runners use to improve their performance, comfort, and safety. This category includes running shoes, clothes, wearables, hydration systems, and other gear. The growing popularity of running as a form of exercise, increased health consciousness, and rising demand for sportswear and activewear are driving the running gears market.
The global running gears market was worth USD **Billion in 2018 and is predicted to expand at a compound annual growth rate (CAGR) of **% between 2018 and 2031. Increased health awareness, rising demand for sportswear and activewear, and the growing popularity of running as a form of exercise is driving the industry.
Counterfeit products threaten the reputation of established companies in the market. Furthermore, the high cost of some premium running gear may prevent them from being adopted by budget-conscious users.
Consumers' increased fitness and health consciousness is projected to drive demand for running gear. In addition, the growing popularity of marathons and other running events is also predicted to drive market expansion. Furthermore, the increasing popularity of e-commerce platforms and their convenience will likely fuel market expansion.
Nike Inc., Adidas AG, Asics Corporation, Puma SE, Under Armour Inc., Skechers USA Inc., New Balance Athletics Inc., VF Corporation, Amer Sports Corporation, and Mizuno Corporation are the prominent participants in the running gears market.
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The global industry may have faced slight stagnancy during the pandemic because of restricted outdoor gatherings. However, with covid reopening and lives slowly returning to normalcy, demands are picking up again- especially in developed economies where spending on ensembles and accessories increases.
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