Light Trail Running Shoes Market to Grow During the Forecast Period
The
key factors driving the trail running shoe market are the growing popularity of
trail shoes and the increasing popularity of outdoor sports and recreational activities.
According to TechSci
Research report, “Trail Running Shoes Market– Global Industry Size,
Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F” The global trail running shoe market is
expected to grow at impressive rate during the forecast period due to rising
consumer spending on footwear and the increasing popularity and number of trail
running events. By kind of trail running, light trail shoes commanded a sizable
market share in 2021. Increasing share of the segment can be attributed to the
versatility of lightweight trail running shoes, which can be used for trail
running and regular jogging. These shoes balance safety, comfort, agility, and
design to satisfy consumer preferences.
To overcome these problems, trail shoes
are designed with thicker soles, broader and deeper feet, and more
comprehensive and heavier uppers. They are also engineered to withstand holes,
natural dangers, rocky terrain, and other environmental obstacles (the whole
shoe above the sole). On unpaved, rocky paths, runners should wear trail shoes.
It is optional to wear trail shoes for the runs on the tarmac, tracks, or wood
chips. These characteristics are projected to spur the market for trail shoes
in the upcoming years.
Due to their superior construction and
design specifically for trails, trail running shoes are preferred by consumers
above ordinary running shoes. A sprained ankle is less likely because these
shoes are more robust and can manage challenging terrain. Compared to other
forms of footwear, the rigid sole provides higher traction on muddy and damp
trails. Additionally, the expanding ethical consumption movement is opening
more market entry options.
The expanding ultra-trail running trend
drives the need for technology, apparel, safety devices, and footwear necessary
for trail running. They favor this footwear style to prevent foot injuries and
keep a grip over the soil, mud, gravel, roots, and rock slabs.
However, it takes extra care to provide
premium trail running shoes to customers. More awareness is still required
despite the substantial advances in hiking experiences that have been offered
to the public.Even though the cost is high for many, consumers considering
long-term use face significant challenges because they have yet to gain prior
experience wearing these shoes.
The market for trail shoes is becoming
increasingly diverse due to the growing ethical consumerism trend. Consumer
awareness is increased through initiatives like a cross-brand open-source platform
and the Clean Run alliance to support the development of trail running shoes.
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The global trail running shoe market is
segmented based on product type, distribution channel, region, and competitive
landscape. Based on product type, the market is segmented into light, rugged,
and off-trail. Among these, light trail running shoes hold the leading share in
the market during the forecast period. These shoes are more popular for
consumers on fire roads, gravel walks, and sweeping slopes. Beginners favor the
shoes because they are light and offer excellent traction on the ground. The
minimal cushioning keeps the runners' feet secure while giving them a closer
connection to the ground.
Based on end-use, the market is
segmented into men and women. Among these, men segment holds the leading share
in the market during the forecast period due to increasing participation of men
in trail running events which further fuels the demand of trail running shoes
market globally.
Based on distribution channels, the
market is segmented into offline and online. Among these, the online segment is
the fastest-growing segment in the market during the forecast period. Online
distribution channels are expanding owing to a rise in social media marketing.
The segment growth is predicted to be fueled by elements including the
availability of a wide choice of items with the option to compare them based on
features and pricing, quick product delivery, and simple return policies. To
save time, customers choose multi-brand online merchants. Discounts provided by
several manufacturers are causing consumers to prefer online retailers over
traditional brick-and-mortar establishments. Other anticipated elements to spur
growth include the availability of attractive deals and the companies' more
significant focus on direct-to-consumer retail.
Among geographical regions, North
America holds the leading share in the market during the forecast period.
According to research by the America Trail Running Association, 83% of runners
wore trail-specific footwear in 2019. Running has become a popular pastime
among Americans.
Key market players operating
in the trail running shoes market include:
- Nike Inc.
- Adidas AG
- New Balance Athletics, Inc.
- Wolverine World Wide Inc.
- Brooks Sports, Inc.
- Skechers U.S.A, Inc.
- Amer Sports Corporation
- VF Corporation
- Columbia Sportswear Company
- Puma SE
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“With their trail-specific design and
appealing features, trail running shoes provide foot comfort and are expected
to gain popularity over regular running shoes among various users. These shoes
can handle rugged terrain while lowering the danger of ankle sprains at the
same time. The global market is expected to expand significantly due to all
these factors. Due to increased safety concerns for off-road running, the
demand for trail running shoes has increased considerably. Due to the increasing
popularity of trail running activities, it is anticipated that the worldwide
trail shoe market will develop over the forecast period.” said Mr. Karan
Chechi, Research Director with TechSci Research, a research-based global
management consulting firm.
“Trail Running Shoes Market– Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented By Product Type (Light, Rugged, Off Trail), By End-Use (Men Vs. Women), By Distribution Channel (Supermarket/Hypermarket, Multi-branded Stores, Exclusive Stores, Specialty Stores, Online, and Others (Direct Sales)), By Region, By Company," has evaluated the future growth potential of trail running shoes globally and provides statistics and information on market structure, size, share, and future growth. The report provides cutting-edge market intelligence and helps decision-makers to make sound investment decisions. Besides, the report also identifies the emerging trends along with essential drivers, challenges, and opportunities present in the market of trail running shoes globally.
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