NEW YORK, Sept. 26, 2016 /PRNewswire/ -- About the Running Gear Market
The growing awareness of the benefits of being healthy and maintaining physical fitness among the global population is aiding in increasing the popularity of running, as it is considered as one of the best forms of exercise to enhance fitness. Marathons are increasingly becoming popular as well, with participation not restricted to only professional athletes.
The increasing demand for advanced and comfortable running apparel and footwear is driving vendors to launch new product lines that are made of high-quality fabrics. The use of advanced technologies to manufacture running apparel and footwear enhances the growth potential of the market. However, the increasing availability of low-quality and counterfeit products is a key concern for well-established players operating in the market, as it affects their profitability and brand image.
Technavio's analysts forecast the global running gear market to grow at a CAGR of 7.35% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global running gear market for 2016-2020. To calculate the market size, the report has taken into consideration the sales revenue generated by different types of running gear.
The market is divided into the following segments based on geography:
-APAC
-Europe
-North America
-ROW
Technavio's report, Global Running Gear Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
-Adidas
-ASICS
-Nike
-Puma
-Skechers
Other prominent vendors :
-Amer Sports
-Brooks Sports
-Columbia Sportswear
-Eddie Bauer
-Fitbit
-Garmin
-Jawbone
-Misfit
-Newton Running
Market driver
-Awareness of the benefits of a physically active lifestyle
-For a full, detailed list, view our report
Market challenge
-Availability of counterfeit products
-For a full, detailed list, view our report
Market trend
-Product innovations
-For a full, detailed list, view our report
Key questions answered in this report
-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Read the full report: http://www.reportlinker.com/p03938188-summary/view-report.html
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