Trail Running Shoes Market to Reach $12.4 billion, Globally, by 2032 at 5.5% CAGR: Allied Market Research

News provided by

Apr 01, 2024, 05:12 ET

The increase in popularity of outdoor fitness activities and adventure sports has led to a surge in demand for specialized footwear tailored for trail running, which boosts market growth.

PORTLAND, Ore., April 1, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Trail Running Shoes Market by Type (Light Trail Running Shoes, Rugged Trail Running Shoes, Off Trail Running Shoes, and Others), Gender (Unisex, Male, and Female), and Sales Channel (Online and Offline): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the "trail running shoes market" was valued at $7.3 billion in 2022, and is estimated to reach $12.4 billion by 2032, growing at a CAGR of 5.5% from 2023 to 2032.

Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/A10228

Advancements in materials, biomechanics, and design have driven innovation in footwear technology, leading to increased demand for trail running shoes. The availability of features such as enhanced traction, durability, and lightweight construction fulfills the needs of outdoor enthusiasts seeking high-performance gear. These innovations improve the overall running experience and offer superior comfort & protection on rugged terrain. As a result, consumers prefer trail running shoes that provide advanced functionality and support for their outdoor activities, thereby contributing to the growth of the market.

Report coverage & details:

Report Coverage	Details
Forecast Period	2023–2032
Base Year	2022
Market Size In 2022	$7.3 Billion
Market Size In 2032	$12.4 Billion
CAGR	5.5 %
No. Of Pages In Report	300
Segments Covered	Type, Gender, Sales Channel, And Region
Regional Scope	North America, Europe, Asia-Pacific, Latin America, And Middle East, And Africa
Country Scope	U.S., Canada, And Mexico, Germany, UK, France, Italy, Spain, Russia, Rest Of Europe, China, India, Japan, South Korea, Australia, Rest Of Asia-Pacific, Brazil, Argentina, Rest Of Latin America, Middle East & Africa (Saudi Arabia, South Africa, UAE, Rest Of Middle East & Africa
Drivers	Growing Outdoor Recreation Trends Rising Health Awareness
Restraints	Limited Accessibility To Trails Limited Awareness About Trail Running Shoes
Opportunities	Expanding Participation In Trail Running Events Technological Innovations

The off trail running shoes segment to maintain its leadership status throughout the forecast period

By type, the light trail running shoes segment held the highest market share in 2022, accounting for more the two-fifths of the global trail running shoes market revenue and is estimated to maintain its leadership status throughout the forecast period, due to its emphasizing lightweight materials, minimalistic design, and enhanced breathability to offer agility and comfort for trail runners seeking speed and responsiveness. However, the off-trail running shoes segment is projected to manifest the highest CAGR of 6.2% from 2023 to 2032, due to increased demand for rugged and versatile footwear, innovations in traction technology, lightweight construction, and designs catering to diverse terrain conditions, enhancing performance and durability.

Procure Complete Report (300 Pages PDF with Insights, Charts, Tables, and Figures) @ https://www.alliedmarketresearch.com/checkout-final/457857addd5d0200e29478ce8bfedea8

The female segment to maintain its leadership status throughout the forecast period

By gender, the male segment held the highest market share in 2022, accounting for nearly half of the global trail running shoes market revenue and is estimated to maintain its leadership status throughout the forecast period. There is a growing preference for lightweight, durable designs with enhanced stability and cushioning, reflecting an increasing focus on performance and functionality. However, the female segment is projected to manifest the highest CAGR of 5.9% from 2023 to 2032, with more women participating in outdoor activities, driving the need for specialized footwear designed for their unique preferences and requirements.

The online segment to maintain its leadership status throughout the forecast period

By sales channel, the offline segment held the highest market share in 2022, accounting for more than three-fifths of the global trail running shoes market revenue and is estimated to maintain its leadership status throughout the forecast period. Offline distribution channels in the trail running shoes market are witnessing a shift toward experiential retail, with brands focusing on creating immersive in-store experiences and enhancing customer engagement to drive sales. However, online segment is projected to manifest the highest CAGR of 6.1% from 2023 to 2032. Online channels in the trail running shoes market are witnessing significant growth, driven by the convenience of e-commerce platforms, increasing digitalization, and shifting consumer preferences towards online shopping for footwear.

North America to maintain its dominance by 2032

By region, North America held the highest market share in terms of revenue in 2022, accounting for nearly one-third of the global trail running shoes market revenue in this region. In North America, the trail running shoes market exhibits a trend towards increasing participation in outdoor activities, adoption of advanced technologies, and rising demand for eco-friendly and sustainable footwear options. However, the Asia-Pacific region is expected to witness the fastest CAGR of 6.5% from 2023 to 2032. In the Asia-Pacific region, increasing urbanization, rising disposable incomes, and a growing interest in outdoor activities are driving the demand for trail running shoes, fostering market expansion and innovation.

Inquiry Before Buying @ https://www.alliedmarketresearch.com/purchase-enquiry/A10228

Leading Market Players: -

Nike, Inc.
Adidas AG
Salomon
Brooks Running Company
New Balance Athletics, Inc.
Merrell, La Sportiva
Hoka One One
Altra Running
Saucony.

The report provides a detailed analysis of these key players in the global trail running shoes market. These players have adopted different strategies such as collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

Related Reports:

Tactical Footwear Market https://www.alliedmarketresearch.com/tactical-footwear-market-A13072

Athletic Footwear Market https://www.alliedmarketresearch.com/athletic-footwear-market

Athletic Equipment and Footwear Market https://www.alliedmarketresearch.com/athletic-equipment-and-footwear-market-A11158

Sports Equipment and Apparel Market https://www.alliedmarketresearch.com/sports-equipment-and-apparel-market

Swimwear Market https://www.alliedmarketresearch.com/swimwear-market

Baseball Shoes Market https://www.alliedmarketresearch.com/baseball-shoes-market-A13695

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry

Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
[email protected]

Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |