Dublin, June 01, 2021 (GLOBE NEWSWIRE) -- The "Running Gear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global running gear market exhibited moderate growth during 2015-2020. Looking forward, the publisher expects the market to reach a value of US$ 58.3 Billion by 2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use sectors. These insights are included in the report as a major market contributor.
Running gear refers to the accessories and wearables worn by individuals while running or being engaged in related activities. It primarily includes athletic wearables such as shoes, gloves, jackets, tights, smart watches and goggles. Among these, products such as gloves and jackets are usually skin fit and made from water-resistant materials to prevent chafing of the skin and rain or wind penetration. Running gear also provides a protective layer, thus reducing the chances of any injury and also aids in better air circulation while performing any physical activity. On the other hand, smart running gear devices enable consumers to track their fitness progress, thus helping in keeping an enhanced motivational spirit during formal fitness training.
A significant increase in the number of health-conscious consumers owing to the rising awareness about the advantages of exercising and physical fitness is one of the key factors contributing to the market growth. The widespread acceptance that running is one of the most effective forms of exercises has immensely contributed to the popularity of comfortable running gear products. Moreover, consumers are increasingly becoming inclined toward using advanced technologies owing to the rise in disposable income levels. This has lead to product premiumization and rapid inclusion of these products into consumers' daily fitness activities such as jogging. Additionally, manufacturers are also incorporating fashionable designs and high-quality fabrics in running apparel to attract new consumers. Moreover, the rising global trend of running marathons and aggressive promotional activities by manufacturers across social media platforms are also contributing to the running gear market growth.
This report provides a deep insight into the global running gear market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global running gear industry in any manner.
Key Market Segmentation:
This report provides an analysis of the key trends in each sub-segment of the global running gear market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product, gender and distribution channel.
Market Breakup by Product:
- Running Footwear
- Running Apparel
- Running Accessories
- Fitness Trackers
Market Breakup by Gender:
- Male
- Female
- Unisex
Market Breakup by Distribution Channel:
- Specialty and Sports Shops
- Supermarkets and Hypermarkets
- Department and Discount Stores
- Online
- Others
Market Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being 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, Wolverine World Wide, etc.
Key Questions Answered in This Report:
- How has the global running gear market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global running gear industry?
- What has been the impact of COVID-19 on the global running gear industry?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the gender?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the global running gear industry?
- What are the key driving factors and challenges in the global running gear industry?
- What is the structure of the global running gear industry and who are the key players?
- What is the degree of competition in the global running gear industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Running Gear Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product
5.5 Market Breakup by Gender
5.6 Market Breakup by Distribution Channel
5.7 Market Breakup by Region
5.8 Market Forecast
6 Market Breakup by Product
6.1 Running Footwear
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Running Apparel
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Running Accessories
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Fitness Trackers
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Gender
7.1 Male
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Female
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Unisex
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Specialty and Sports Shops
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Supermarkets and Hypermarkets
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Department and Discount Stores
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Online
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Europe
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Asia Pacific
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
13.1 Price Indicators
13.2 Price Structure
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Adidas AG
14.3.2 ASICS
14.3.3 New Balance
14.3.4 Nike
14.3.5 Skechers USA, Inc.
14.3.6 Amer Sports
14.3.7 British Knights
14.3.8 Columbia Sportswear Company
14.3.9 Fitbit
14.3.10 Garmin
14.3.11 Kering (Puma)
14.3.12 NEWTON RUNNING
14.3.13 The Rockport Group
14.3.14 Under Armour
14.3.15 VF Corporation
14.3.16 Wolverine World Wide
For more information about this report visit https://www.researchandmarkets.com/r/hehe5e