Global Running Footwear Market 2020-2024
Technavio has been monitoring the running footwear market and it is poised to grow by $ 1.16 bn during 2020-2024 progressing at a CAGR of -1% during the forecast period. Our reports on running footwear market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the high profit margin and growing social awareness for fitness. In addition, high profit margin is anticipated to boost the growth of the market as well.
The running footwear market analysis includes distribution channel segment and geographic landscapes
Technavio's running footwear market is segmented as below:
By Distribution Channel
By Geographic Landscapes
- North America
- South America
This study identifies the premiumization through product innovation as one of the prime reasons driving the running footwear market growth during the next few years.
"Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our running footwear market covers the following areas:
- Running footwear market sizing
- Running footwear market forecast
- Running footwear market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading running footwear market vendors that include 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., and VF Corp.. Also, the running footwear market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.