Running Gear Market Size 2022: Industry Analysis, Share, Growth, Price Trends, Opportunities and Forecast till 2027 | Syndicated Analytics
“Running Gear Market: Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the global running gear market based on its segments including type, end use and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter’s Five Forces models.
Report Metrics
Historical Year: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
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Running gear represents the wearables and accessories worn by fitness enthusiasts and athletes while running or performing sports-related activities. It generally comprises of various athletic wear products, such as gloves, shoes, jackets, tights, goggles, etc. Running gear is typically manufactured from water-resistant materials that assist in preventing moisture and wind penetration. In addition to this, it offers a protective layer, thereby minimizing the chances of injuries and improving air circulation. Smart running gear devices, including smartwatches and heart rate monitors, also enable individuals to track their fitness progress, thus helping in maintaining an enhanced motivational spirit during formal fitness training.
Note: Our analysts are continuously monitoring the influence of the COVID-19 pandemic on the market. This insightful information is included in the report to improve the efficiency, resilience and overall performance of businesses.
Global Running Gear Industry Trends and Drivers:
The increasing consumer awareness towards the several associated advantages of exercising and physical fitness is primarily driving the running gear market. Additionally, the emerging trend of running marathons is further catalyzing the market growth. Besides this, the leading manufacturers are introducing dynamic marketing strategies and collaborating with sports personalities to endorse and advertise their premium product variants, on account of the proliferation of social media platforms and e-commerce retail channels, which, in turn, is acting as another significant growth-inducing factor. Moreover, the escalating demand for comfortable running gear wearables, owing to the inflating adoption of running and other high-intensity activities, is also positively influencing the global market. Apart from this, the rising investments in R&D activities aimed at developing aesthetically appealing designs with enhanced quality of fibers are anticipated to fuel the running gear market over the forecasted period.
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Global Running Gear Market Segmentation:
The market is segmented in on the basis of type, end use and region.
Type
End use
RegionNorth America
Europe
Asia Pacific
Latin America
Middle East and Africa
Competitive Landscape:
The report also provides insights on the competitive landscape of the global running gear industry with the leading players profiled in the report.
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