Running - G7
G7- By 2024, the revenue in the Running market is projected to reach US$6.2bn.
- The market is anticipated to have a yearly growth rate of 1.91% or Compound Annual Growth Rate (CAGR) between 2024 and 2029.
- A significant portion of the revenue is generated United States, which is estimated to earn US$4bn in 2024.
- In terms of revenue generated per person, the global per capita income is expected to be US$7.93 in 2024.
- In the Running market, the volume is predicted to reach 53.1m pairs by 2029.
- However, the sector is expected to show a volume decline of 0.8% in 2025.0.
- Meanwhile, the average volume per person in the Running market is anticipated to be 0.07pairs in 2024.
- It is worth noting that these projections are for the G7 countries.
- In Italy, leather footwear continues to be a symbol of tradition and excellence, with a focus on high-quality craftsmanship and innovative designs.
- Key regions:
- Europe,
- Germany,
- Philippines,
- China,
- Vietnam
Definition:
The market for Running footwear includes shoes designed specifically for running activities. These shoes are engineered to provide support, cushioning, and stability to enhance running performance and reduce injury risk. The segment focuses on functional aspects tailored to various types of running, such as road running, trail running, and long-distance running.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (per pair), and sales channels data. Online and offline distribution channels are considered, including purchases from digital marketplaces and physical stores. Key players include companies such as Nike, Adidas, Brooks, and Asics.
In-Scope
- Road running shoes
- Trail running shoes
- Long-distance running shoes
Out-Of-Scope
- Casual athletic shoes
- Everyday sneakers
- Fashion-oriented athletic shoes
