Running Apparel Market: Global Overview and Forecast (2022-2027) by Product Type, End-User, Distribution Channel, and Region

Running Apparel Market size was valued at US$ 372.77 Mn. in 2021 and the total Running Apparel revenue is expected to grow at 6.2 % through 2022 to 2027, reaching nearly US$ 534.79 Mn.

Running Apparel Market Overview:

Running has become one of the most popular sports in Modern culture in recent decades. Running Apparel 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, and goggles. Gloves and coats are frequently skin-fit and made of water-resistant fabrics to minimize friction and rain or wind penetration. Running apparel also acts as a protective layer that minimizes the chance of injury and promotes improved air circulation when engaged in any physical activity. Smart running apparel technologies, allow users to measure their fitness development, which assists in maintaining a high level of motivation throughout formal fitness training. Running Apparel Market To know about the Research Methodology :- Request Free Sample Report In this report, the Running Apparel market's growth reasons, as well as the market's many segments (Product Type, End-User, Distribution Channel, and Region), are discussed. Data has been given by market players, regions, and specific requirements. This market report includes a comprehensive overview of all the significant improvements that are presently prevailing in all market segments. Key data analysis is presented in the form of statistics, infographics, and presentations. The study discusses the Running Apparel market's Drivers, Restraints, Opportunities, and Challenges. The report helps to assess the market growth drivers and determines how to use these drivers as a tool. The report also helps to rectify and resolve issues related to the global Running Apparel market situation.

Running Apparel Market Dynamics:

Rising workloads and changing lifestyles are leading to the growing need for the adoption of activities for fitness. Marathons are becoming increasingly popular nowadays. The continuous growth in participation levels of various sports and activities, including running, as well as the increase in the number of sporting events held globally each year, are some of the major factors that are likely to boost the revenue growth of the global running apparel market over the forecast period. Furthermore, the gradual increase in demand for higher quality, trendy, light in weight, and comfy apparel by runners across all demographic trends has led market players to aspire to offer the most cost-effective products that are manufactured using the most recent innovative advancements are boosting market growth opportunities in the future. Furthermore, the number of efforts being carried out by the different government and commercial groups focused on raising awareness about the benefits of maintaining a healthy lifestyle that involves regular exercise has increased. It is found that educated citizens with a job and a higher income spend more money on overall sports participation This is another factor that is expected to have a beneficial impact on the global running apparel market's revenue growth in the future. The rise in online retailers is expected to accelerate the Running Apparel Market during the forecast period, owing to an increase in e-commerce facilities and smartphone users. Fair rates, large discounts, and speedy delivery services are all factors that may readily attract any buyer to buy online. These factors also contribute to a rise in sales via the internet channel. Meanwhile, the increased internet penetration in emerging nations shows a sign of expanding online sales, which would also help the global Running Apparel market growth during the forecast period. Running Apparel Market The Running Apparel market is price sensitive. Rising raw material prices such as stainless steel, aluminum, brass, hardened steel, bronze, and cast iron are considered key factors that may hamper the growth of the market over the forecast period. To overcome this constraint, key players modify the design, shape, size, and speed ratios of the products to remain competitive in the market. As one of the world's largest and most famous sporting brands, it's no wonder that Nike is the leading company in athletic apparel, accessories, and footwear, with sales exceeding 38.2 billion US dollars in 2020.

Running Apparel Market Segment Analysis:

By Product Type, the Clothing and Footwear segment is expected to grow at the highest CAGR during the forecast period. Consumers are increasingly looking for trendy sports footwear and apparel for various sports activities. Furthermore, a continuing trend toward more active lifestyles is fueling global demand for a free time such as running and cycling gear. Activewear has grown in popularity, and it has affected the athletic footwear preferences of millennial parents. parents love to dress their children in sports apparel and footwear. As a result, the demand for running apparel and footwear will rise. By End Users, the Women and kids segment are more inclined toward the use of Running Apparel in recent years. The rise in the number of women and kids engaged in fitness and sports activities is boosting sales of running apparel among these consumers. People love to go for tracking on a weekday. They Prefer comfy apparel for this purpose and are expected to fuel the market during the forecast period.Running Apparel Market By Distribution Channel, The offline distribution channel is predicted to grow throughout the forecast period owing to people's trust in purchasing products physically. People often buy running apparel from retailers or sports brands' outlets. The offline channel allows the buyer to feel the product and even try it before the final purchase. This facility is estimated to raise the offline channel at a rapid pace over the forecast timeframe.

Running Apparel Market Regional Insights:

North America, the Running Apparel Market has the highest revenue share in 2020 and this trend is expected to continue throughout the forecast period. The growth of the Running Apparel Market may be due to the widespread usage of running apparel items by athletes in the region. Major players in this region are investing in e-commerce to make it easier for buyers to make online transactions. In Asia Pacific Region, the market is expected to grow owing to the growing awareness about adopting healthy lifestyles, which motivates customers to buy and participate in fitness activities. Asia Pacific region is dominated by international brands such as Nike, Adidas, New Balance, and so on, but the price-conscious mindset of customers has allowed plenty of local manufacturers to flourish since they represent a less expensive alternative to the international brands. Running Apparel Market The objective of the report is to present a comprehensive analysis of the Running Apparel market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Running Apparel market dynamics, and structure by analyzing the market segments and projecting the Running Apparel market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Running Apparel market make the report investor’s guide.

Running Apparel Market Scope: Inquiry Before Buying

Global Running Apparel Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US $ 372.77 Mn.
Forecast Period 2022 to 2027 CAGR: 6.2 % Market Size in 2027: US $ 534.79 Mn.
Segments Covered: by Product Type • Clothing • Footwear • Others
by End User • Men • Women • Kids
by Distribution Channel • Offline • Online

Running Apparel Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Running Apparel Market Key Players

Adidas Group • New Balance • ASICS • Nike • Amer Sports • Skechers USA • Fitbit Inc. • British Knights Newton Running • Puma NA • Under Armour Inc. • VF Corporation • Garmin Ltd. • The Rockport Group • Columbia Sportswear • Wolverine World Wide FAQs: 1. Which is the potential market for Running Apparel in terms of the region? Ans. In the APAC region, growing awareness about adopting healthy lifestyles, which motivates customers to buy and participate in fitness activities is expected to drive the use of Running Apparel. 2. What is expected to drive the growth of the Running Apparel market in the forecast period? Ans. A major driver in the Running Apparel market is the Rising workloads and changing lifestyles are leading to the growing need for the adoption of activities for fitness 3. What is the projected market size & growth rate of the Running Apparel Market? Ans. The running Apparel Market size was valued at US$ 372.77 Mn. in 2021 and the total Running Apparel revenue is expected to grow at 6.2 % through 2022 to 2027, reaching nearly US$ 534.79 Mn. 4. What segments are covered in the Running Apparel Market report? Ans. The segments covered are Product Type, End-User, Distribution Channel, and Region.
1. Global Running Apparel Market: Research Methodology 2. Global Running Apparel Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Running Apparel Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Running Apparel Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Running Apparel Market Segmentation 4.1 Global Running Apparel Market, by Product Type (2022-2027) • Clothing • Footwear • Others 4.2 Global Running Apparel Market, by End User (2022-2027) • Men • Women • Kids 4.3 Global Running Apparel Market, by Distribution Channel (2022-2027) • Offline • Online 5. North America Running Apparel Market(2022-2027) 5.1 North America Running Apparel Market, by Product Type (2022-2027) • Clothing • Footwear • Others 5.2 North America Running Apparel Market, by End User (2022-2027) • Men • Women • Kids 5.3 North America Running Apparel Market, by Distribution Channel (2022-2027) • Offline • Online 5.4 North America Running Apparel Market, by Country (2022-2027) • United States • Canada • Mexico 6. Europe Running Apparel Market (2022-2027) 6.1. European Running Apparel Market, by Product Type (2022-2027) 6.2. European Running Apparel Market, by End User (2022-2027) 6.3. European Running Apparel Market, by Distribution Channel (2022-2027) 6.4. European Running Apparel Market, by Country (2022-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Running Apparel Market (2022-2027) 7.1. Asia Pacific Running Apparel Market, by Product Type (2022-2027) 7.2. Asia Pacific Running Apparel Market, by End User (2022-2027) 7.3. Asia Pacific Running Apparel Market, by Distribution Channel (2022-2027) 7.4. Asia Pacific Running Apparel Market, by Country (2022-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Running Apparel Market (2022-2027) 8.1 Middle East and Africa Running Apparel Market, by Product Type (2022-2027) 8.2. Middle East and Africa Running Apparel Market, by End User (2022-2027) 8.3. Middle East and Africa Running Apparel Market, by Distribution Channel (2022-2027) 8.4. Middle East and Africa Running Apparel Market, by Country (2022-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Running Apparel Market (2022-2027) 9.1. South America Running Apparel Market, by Product Type (2022-2027) 9.2. South America Running Apparel Market, by End User (2022-2027) 9.3. South America Running Apparel Market, by Distribution Channel (2022-2027) 9.4 South America Running Apparel Market, by Country (2022-2027) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 Adidas Group 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 New Balance 10.3 ASICS 10.4 Nike 10.5 Amer Sports 10.6 Skechers USA 10.7 Fitbit Inc. 10.8 British Knights Newton Running 10.9 Puma NA 10.10 Under Armour Inc. 10.11 VF Corporation 10.12 Garmin Ltd. 10.13 The Rockport Group 10.14 Columbia Sportswear 10.15 Wolverine World Wide

About This Report

Report ID 103733
Category Consumer Goods & Services
Published Date May 2021
Updated Date April 2022
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