Running - Laos
Laos- In Laos, the Running market generated a revenue of US$209.8k in 2024.
- This market is projected to grow annually by 1.09% (CAGR 2024-2029).
- When compared globally, United States generates the most revenue in this segment, with a projected revenue of US$4bn in 2024.
- In terms of per capita revenue, the Running market is expected to generate US$0.03 in 2024.
- By 2029, the volume of the Running market in Laos is expected to reach 2.4k pairs.
- Additionally, the segment is expected to experience a volume growth of -2.2% in 2025.0.
- The average volume per person in the Running market is expected to be 0.00pairs in 2024.
- Laos' traditional handcrafted leather footwear is gaining popularity among tourists seeking unique and authentic souvenirs.
- 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
