Running Gear Market 2022-2028

PUBLISHED: January 25, 2023

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Title:Global Running Gear Market Size, Share & Trends Analysis Report, By Product Type (Running Footwear, Running Apparel, Running Accessories, Fitness Trackers, and Others), By Distribution Channel (Sports Specialty Stores, Supermarkets and Hypermarkets, Online Stores, and Others), Forecast Period (2022-2028).

The global running gear market is anticipated to grow at a CAGR of 6.5% during the forecast period. The growing tourism industry across the globe is expected to accelerate the running gear market growth during the forecast period. The players are joining hands to strengthen the sector. For instance, in November 2021, Google joined the European Travel Commission (ETC) as an Associate Member to help drive the European tourism sector's recovery and strengthen the sector as an engine for economic growth, employment, and regional development for all Europeans. Further, as part of its mission to be a trusted source of information, Google helps the tourism sector through insights and tools for destination marketing organizations (DMOs) to reach potential visitors during their travel planning journey.

The global running gear market is segmented based on product type and distribution channel. Based on the product type, the market is augmented into running footwear, running apparel, running accessories, fitness trackers, and others. Based on the distribution channel the market is further sub-segmented into sports specialty stores, supermarkets & hypermarkets, online stores, and others. The running footwear segment is expected to be the fastest-growing segment during the forecast period due to technological advancements in footwear. Market players are providing running footwear with GPS to track the distance, mile splits, and calories burned, and some collect even more data so that users get a detailed report of each run. For instance, in December 2021, Under Armour unveiled its first new running shoes of 2022 - both of which track and analyze users' runs, and sync the data with the Map My Run smartphone app. A lightweight sensor embedded in the right shoe collects data as users run, and transmits it to their phone through Bluetooth.

Geographically, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. Asia-Pacific region is expected to be the fastest-growing region in the market during the forecast period owing to the increasing investment in sports by the government. For instance, in March 2022, according to the Department of Health and Aged Care, the Australian Government's investment in sports continues to boost the sector, supporting athletes at every level and strengthening communities nationwide.

The major companies serving the global running gear market include Nike Inc., Adidas AG, and Under Armour, Inc., among others. The market players are contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in August 2019, Nike, a global manufacturer of sports products acquired Celect, a Boston-based retail predictive analytics & demand sensing company. The acquisition will benefit Nike by understanding market demand.

Research Methodology

The market study of the global running gear market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.

Whitepapers, research papers, and news blogs.

Company websites and their product catalog.

The report provides an in-depth analysis of the market size, and intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

Global Running Gear Market Research and Analysis by Type
Global Running Gear Market Research and Analysis by Distribution channel

The Report Covers:

Comprehensive research methodology of the global running gear market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global running gear market.
Insights about market determinants that are stimulating the global running gear market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026887

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. Overview
- 3.1.2. Financial Analysis
- 3.1.3. SWOT Analysis
- 3.1.4. Recent Developments
3.2. Key Strategy Analysis

4. Market Segmentation

4.1. Global Running Gear Market by Product
- 4.1.1. Running Footwear
- 4.1.2. Running Apparel
- 4.1.3. Running Accessories
- 4.1.4. Fitness Trackers
- 4.1.5. Others
4.2. Global Running Gear Market by Distribution Channel
- 4.2.1. Sports Specialty Stores
- 4.2.2. Supermarkets and Hypermarkets
- 4.2.3. Online Stores
- 4.2.4. Others

5. Regional Analysis

5.1. North America
- 5.1.1. United States
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. ACICS
6.2. Adidas Inc.
6.3. Amer Sports Oyj
6.4. Apple Inc.
6.5. Fitbit
6.6. Garmin International
6.7. Lumo Bodytech
6.8. New Balance Athletics, Inc.
6.9. Nike, Inc.
6.10. Newton Running Co., Inc.
6.11. Puma SE
6.12. Samsung Electronics Co., Ltd.
6.13. Seiko Epson Corp.
6.14. Sensoria Inc.
6.15. Skechers USA, Inc.
6.16. Suunto
6.17. Stryd
6.18. Xiaomi Inc.

Product Code: OMR2026887

LIST OF TABLES

1. GLOBAL RUNNING GEAR MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
2. GLOBAL RUNNING FOOTWEAR MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL RUNNING APPAREL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL RUNNING ACCESSORIES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL FITNESS TRACKERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL OTHER RUNNING GEAR PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL RUNNING GEAR MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
8. GLOBAL RUNNING GEAR FROM SPORTS & SPECIALTY STORES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL RUNNING GEAR FROM SUPERMARKETS & HYPERMARKETS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL RUNNING GEAR FROM ONLINE STORES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL RUNNING GEAR FROM OTHER DISTRIBUTION CHANNELS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL RUNNING GEAR MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. NORTH AMERICAN RUNNING GEAR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
14. NORTH AMERICAN RUNNING GEAR MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
15. NORTH AMERICAN RUNNING GEAR MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
16. EUROPEAN RUNNING GEAR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
17. EUROPEAN RUNNING GEAR MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
18. EUROPEAN RUNNING GEAR MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
19. ASIA-PACIFIC RUNNING GEAR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20. ASIA-PACIFIC RUNNING GEAR MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
21. ASIA-PACIFIC RUNNING GEAR MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
22. REST OF THE WORLD RUNNING GEAR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. REST OF THE WORLD RUNNING GEAR MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
24. REST OF THE WORLD RUNNING GEAR MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)

LIST OF FIGURES

1. GLOBAL RUNNING GEAR MARKET SHARE BY PRODUCT, 2021 VS 2028 (%)
2. GLOBAL RUNNING FOOTWEAR MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL RUNNING APPAREL MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL RUNNING ACCESSORIES MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL FITNESS TRACKERS MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL OTHER RUNNING GEAR PRODUCTS MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL RUNNING GEAR MARKET SHARE BY DISTRIBUTION CHANNEL, 2021 VS 2028 (%)
8. GLOBAL RUNNING GEAR FROM SPORTS SPECIALTY STORES MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL RUNNING GEAR FROM SUPERMARKETS & HYPERMARKETS MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL RUNNING GEAR FROM ONLINE STORES MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL RUNNING GEAR FROM OTHER DISTRIBUTION CHANNELS MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL RUNNING GEAR MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. US RUNNING GEAR MARKET SIZE, 2021-2028 ($ MILLION)
14. CANADA RUNNING GEAR MARKET SIZE, 2021-2028 ($ MILLION)
15. UK RUNNING GEAR MARKET SIZE, 2021-2028 ($ MILLION)
16. FRANCE RUNNING GEAR MARKET SIZE, 2021-2028 ($ MILLION)
17. GERMANY RUNNING GEAR MARKET SIZE, 2021-2028 ($ MILLION)
18. ITALY RUNNING GEAR MARKET SIZE, 2021-2028 ($ MILLION)
19. SPAIN RUNNING GEAR MARKET SIZE, 2021-2028 ($ MILLION)
20. REST OF EUROPE RUNNING GEAR MARKET SIZE, 2021-2028 ($ MILLION)
21. INDIA RUNNING GEAR MARKET SIZE, 2021-2028 ($ MILLION)
22. CHINA RUNNING GEAR MARKET SIZE, 2021-2028 ($ MILLION)
23. JAPAN RUNNING GEAR MARKET SIZE, 2021-2028 ($ MILLION)
24. SOUTH KOREA RUNNING GEAR MARKET SIZE, 2021-2028 ($ MILLION)
25. REST OF ASIA-PACIFIC RUNNING GEAR MARKET SIZE, 2021-2028 ($ MILLION)
26. REST OF THE WORLD RUNNING GEAR MARKET SIZE, 2021-2028 ($ MILLION)