Running Gear Market to Grow by USD 10.25 billion| 17,000+ Technavio Research Reports

Key Market Dynamics:

• Market Driver
• Market Challenges

The increasing number of anti-sweatshop campaigns is one of the key market drivers. The growth of online stores is expected to rise rapidly during the forecast period due to Internet penetration and an increasing number of smartphone users. Some of the factors attracting consumers to shop online are competitive prices, convenience, heavy discounts, COD options, and fast delivery services. This also results in an increase in sales through the online channel. In addition, increasing Internet penetration in developing economies is an indicator of growing online sales during the forecast period. This will also help the global running gear market to grow during the forecast period.

However, factors such as customization and personalization of running footwear and apparel will challenge market growth. Customization allows consumers to choose their own designs, styles, and colors to get custom-made running footwear. For example, Nike offers Nike Air Zoom Pegasus 34 GPX Id Running Shoe, which can be easily customized and personalized by a buyer. In addition, buyers can also personalize products by incorporating their desired text and graphics on the shoes. This trend may help in the significant growth of the market during the forecast period. Vendors are emphasizing such strategies to build a wider consumer base.

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By product, the running gear market has been segmented by running footwear, running apparel, and others. The running footwear segment will have significant market share growth during the forecast period. Running footwear refers to shoes that have been designed for outdoor activities. The launch of innovative products with added features can lead to the growth of the market during the forecast period.

By geography, the running gear market has been segmented by APAC, Europe, North America, South America, and MEA. APAC will be the leading region with 35% of the market's growth during the forecast period. China and Japan are the key countries for the running gear market in APAC.

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Some Companies Mentioned ·          

• adidas AG
• ANTA Sports Products Ltd.
• ASICS Corp.
• Columbia Sportswear Co.
• New Balance Athletics Inc.
• Nike Inc.
• PUMA SE
• Skechers USA Inc.
• Under Armour Inc.
• VF Corp.
• To gain access to more vendor profiles with their key offerings available with Technavio, Click Here

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Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Running footwear - Market size and forecast 2020-2025
• Running apparel - Market size and forecast 2020-2025
• Others - Market size and forecast 2020-2025
• Market opportunity by Product
• Market segments
• Comparison by Distribution channel
• Offline - Market size and forecast 2020-2025
• Online - Market size and forecast 2020-2025
• Market opportunity by Distribution channel

Customer landscape

• Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• North America - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• adidas AG
• ANTA Sports Products Ltd.
• ASICS Corp.
• Columbia Sportswear Co.
• New Balance Athletics Inc.
• Nike Inc.
• PUMA SE
• Skechers USA Inc.
• Under Armour Inc.
• VF Corp.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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