The
global trail running shoes market size is expected to
reach USD 8.9 billion by 2025, registering a 5.9% CAGR over the forecast
period, according to a new report published by Grand View Research, Inc.
Increasing participation in trail running events is anticipated to drive the
product demand. Rising popularity of outdoor activities is supporting the
product demand. As per the Physical Activity Council, the participation rate in
outdoor activity increased from 53.9% in 2013 to 59.2% in 2018. The boom in
marathon running is also projected to drive the market growth.
The
demand for trail running shoes is majorly driven by growing number of female
participants. The female participation in running increased from 22% in 2014 to
34% 2017. Growing popularity of trail running events, such as Ultra-Trail du
Mont-Blanc (UTMB) is also supporting the market growth. The demand for entry in
this event witnessed 68% rise from 2016 to 2019. In 2019, the event received
26,000 applications from 10,000 places. There are around 4,300 races are
certified and recognized by the International Trail Running Association (ITRA)
and around 10,000 events taking place worldwide.
High
number of professional ultra-trail running participants is also a major factor
driving the growth of the trail running shoes market. The ultra-trail running
witnessed a 14% year-on-year growth over the past 25 years. The participants in
this group are the core consumers of trail running shoes. High adoption among
these consumers in order to maintain grip over dirt, mud, gravel, roots, and
rock slabs, along with protecting the feet from injuries is expected to bode
well for the overall market growth.
Asia
Pacific registered the fastest CAGR in 2018 and is anticipated to continue
leading over the forecasted period. The growth is majorly driven by demand for
trail running shoes from China. North America was the largest market in 2018.
As per the American Trail Running Association, 83% of runners wore
trail-specific shoes when training on the trails in 2019, compared to 78% in
2018.
For full research report on Trail Running Shoes Market visit here:
https://www.grandviewresearch.com/industry-analysis/trail-running-shoes-market
Trail Running Shoes Market Report Highlights
- By type,
light trail running shoes emerged as the largest and fastest growing
segment in 2018, owing to preference by new comers due to the high
traction on the soil
- Rugged
trail running shoes is estimated to witness strong growth over the
forecast period, owing to high demand by the runners who prefer running on
hiking trails
- Offline
distribution channel accounts for majority of market share in terms of
product sales owing to availability of the right fit and cushioning and
help to understand the mechanism of shoes’ functionality
- Some of
the key players operating in the global trail running shoes market include
VF Corporation; New Balance Athletics, Inc.; Wolverine World Wide Inc.;
Brooks Sports, Inc.; Adidas AG; Nike Inc.; Skechers U.S.A, Inc.; Asics
Group; Deckers Outdoor Corporation; and Amer Sports
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Trail Running Shoes Market Segmentation
Grand
View Research has segmented the global trail running shoes market on the basis
of type, distribution channel, and region:
Trail Running Shoes Type Outlook (Revenue, USD Million, 2015 - 2025)
- Light
Trail Running Shoes
- Rugged
Trail Running Shoes
- Off
Trail Running Shoes
Trail Running Shoes Distribution Channel Outlook (Revenue, USD Million;
2015 - 2025)
- Online
- Offline
Trail Running Shoes Regional Outlook (Revenue, USD Million, 2015 -
2025)
- North
America
- U.S.
- Europe
- Germany
- U.K.
- France
- Asia
Pacific
- China
- Japan
- Central
& South America (CSA)
- Brazil
- Middle
East & Africa (MEA)
About
Grand View Research
Grand View Research, Inc. is a U.S. based
market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
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