Global Trail Running Shoes Market Size, Share, and COVID-19 Impact Analysis, By Product (Light Trail Running Shoes, Rugged Trail Running Shoes, and Off Trail Running Shoes), By Distribution Channel (Offline and Online), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Industry: Consumer Goods

RELEASE DATE Oct 2024
REPORT ID SI6645
PAGES 189
REPORT FORMAT PathSoft

Global Trail Running Shoes Market Insights Forecasts to 2033

  • The Global Trail Running Shoes Market Size was Valued at USD 7.76 Billion in 2023
  • The Market Size is Growing at a CAGR of 6.98% from 2023 to 2033
  • The Worldwide Trail Running Shoes Market Size is Expected to Reach USD 15.23 Billion by 2033
  • Europe is Expected to Grow the fastest during the forecast period.

 

Global Trail Running Shoes Market

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The Global Trail Running Shoes Market Size is Anticipated to Exceed USD 15.23 Billion by 2033, Growing at a CAGR of 6.98% from 2023 to 2033.  

 

Market Overview

Trail running shoes are intended for use on uneven surfaces such as rocky terrain, slopes, and puddles. They combine the portability and flexibility of running shoes along with the traction and durability of hiking shoes. Furthermore, trail running shoes often feature protective elements such as toe guards or rock plates that serve to shelter the foot from trail debris and other possible risks. Additionally, they are made to be adaptable and flexible for dynamic movement in a variety of outdoor conditions, while simultaneously providing improved stability and cushioning to support the foot over long distances. Notably, the industry is growing as trail running becomes increasingly popular as an outdoor recreational activity. A healthy lifestyle is becoming increasingly popular worldwide. As a result, outdoor recreational activities including trail running are becoming a growing trend. The rise is attributed to the increasing popularity of trail running, which is predicted to fuel interest in the product. Furthermore, the industry is significantly shaped by social trends and preferences for outdoor sports and leisure activities.

 

Report Coverage

This research report categorizes the market for the trail running shoes market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the trail running shoes market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the trail running shoes market.

 

Global Trail Running Shoes Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 7.76 Billion
Forecast Period:2023 - 2033
Forecast Period CAGR 2023 - 2033 :6.98%
2033 Value Projection:USD 15.23 Billion
Historical Data for:2019 - 2022
No. of Pages:189
Tables, Charts & Figures:100
Segments covered:By Product, By Distribution Channel, and By Region.
Companies covered:: VF Corporation, New Balance, Wolverine World Wide, Inc., Brooks Sports, Inc., Adidas AG, Nike, Inc., SKECHERS, PUMA SE, ANTA Sports Products Ltd., Red Wing Brands of America Inc., Skechers USA Inc., ASICS America Corporation, Deckers Brands, Amer Sports, and Others
Pitfalls & Challenges:COVID-19 Empact, Challenge, Future, Growth, & Analysis

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Driving Factors

The growth of the trail running shoes market is propelled by several key factors. Trail running is one of the outdoor recreational sports that provide essential cardiac exercise. These exercises are shown to improve the health of bones and lower the risk of heart disease. Trail running also lowers blood pressure and sugar levels, strengthens the core, and enhances balance in general.

 

Restraining Factors

One of the restraining factors is seasonal, and weather variations have a significant effect on trial runs. Unfavorable weather conditions can deter people from trail running, such as snow, continuous rain, extreme heat, or low temperatures.

 

Market Segmentation

 

The trail running shoes market share is classified into product and distribution channel.

 

  • The light trail running shoes segment is dominating the market with the largest revenue share through the forecast period.

Based on the product, the trail running shoes market is categorized into light trail running shoes, rugged trail running shoes, and off trail running shoes. Among these, the light trail running shoes segment is dominating the market with the largest revenue share through the forecast period. The majority of runners prefer lightweight shoes due to their less tiredness during extended runs. Manufacturers are innovating with productions and styles that promote weight reduction without losing support or safety in response to the trend toward simplicity in running footwear.

 

  • The offline segment is expected to hold a significant market share through the forecast period.

Based on the distribution channel, the trail running shoes market is categorized into offline and online. Among these, the offline segment is expected to hold a significant market share through the forecast period. Customers frequently prefer to try on activities before purchase to guarantee correct fit and comfort. Furthermore, online stores enable shoppers to evaluate multiple brands, designs, and features side by side. Knowing local running communities and their preferences allows them to adjust product offerings and advertising campaigns through offline distribution channels.

 

Regional Segment Analysis of the Trail Running Shoes Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is anticipated to hold the largest share of the trail running shoes market over the predicted timeframe.

 

Global Trail Running Shoes Market

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North America is projected to hold the largest share of the trail running shoes market over the forecast period. This is because of the rise in trail running popularity, the increased emphasis on health and wellness, the development of new materials, manufacturing techniques, and social media influence. Productivity on rough terrain is improved by ongoing innovation in shoe design, which includes the use of enhanced grip systems, lightweight materials, and cutting-edge cushioning technology.

 

Europe is expected to grow at the fastest CAGR growth of the trail running shoes market during the forecast period. Due to increased awareness of health and fitness, technical advancements in footwear, a rise in young participation in outdoor activities, and growing marketing of trail running shoes by major players to use online platforms to reach consumers.   

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the trail running shoes market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • VF Corporation
  • New Balance
  • Wolverine World Wide, Inc.
  • Brooks Sports, Inc.
  • Adidas AG
  • Nike, Inc.
  • SKECHERS
  • PUMA SE
  • ANTA Sports Products Ltd.
  • Red Wing Brands of America Inc.
  • Skechers USA Inc.
  • ASICS America Corporation
  • Deckers Brands
  • Amer Sports
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

 

  • In July 2024, Nike AG announced the Nike Ultrafly, their first trail shoe with a carbon Flyplate in the sole. The Ultrafly, created over two years ago with professional riders, is built for speed and grip on difficult terrain. It has Vibram's Litebase innovation and MegaGrip substance for superior traction.

 

  • In May 2024, Skechers teamed with John Deere, known for its renowned leaping deer logo, to grow globally across the work, outdoor, and design industries with a combined corporate and lifestyle footwear collection.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the trail running shoes market based on the below-mentioned segments: 

 

Global Trail Running Shoes Market, By Product

  • Light Trail Running Shoes
  • Rugged Trail Running Shoes
  • Off Trail Running Shoes

 

Global Trail Running Shoes Market, By Distribution Channel

  • Offline
  • Online

 

Global Trail Running Shoes Market, By Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1. What is the CAGR of the trail running shoes market over the forecast period?
    The trail running shoes market is to expand at 6.98% during the forecast period.
  • 2. Which region is expected to hold the largest share of the trail running shoes market?
    The North America region is expected to hold the largest share of the trail running shoes market.
  • 3. Who are the top key players in the trail running shoes market?
    The key players in the trail running shoes market are VF Corporation, New Balance, Wolverine World Wide, Inc., Brooks Sports, Inc., Adidas AG, Nike, Inc., SKECHERS, PUMA SE, ANTA Sports Products Ltd., Red Wing Brands of America Inc., Skechers USA Inc., ASICS America Corporation, Deckers Brands, Amer Sports, and others.

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