Running Apparel Market size was valued at US$ 372.77 Mn. in 2021 and the total Running Apparel revenue is expected to grow at 6.2 % through 2022 to 2027, reaching nearly US$ 534.79 Mn.
Running Apparel Market : Maximize Market Research (MMR), a leading global healthcare research firm that offers statistics and information on the global and regional healthcare sector, has published a report on the Running Apparel market. The research offers crucial business insights, regional market sizes, and forecasting until 2029.
Several topics with an emphasis on markets and industries are covered in the report. Launching new products, expanding an organisation, collaborating with others, forming joint ventures, and acquisitions are a few examples of marketing techniques. Furthermore, this study's design has incorporated all of the crucial components of the market research that directly target the industry landscape. This market research analysis also identifies and investigates the significant market drivers, obstacles, and opportunities. A report on the Running Apparel Market's competitive industry and market intelligence was just published by the global healthcare business consultancy firm Maximize Market Research. An 18-year industry expert has evaluated the market from both a local and global viewpoint as part of the research, which mixes primary and secondary information.
Market Overview:
The dynamics of the Running Apparel Market can be understood better by in-depth research of statistics on current and emerging trends. In order to evaluate the significance of many factors, such as concerns presented by various agents, competitive strength, and prospective young businessmen's comprehension of a resource, the research covered Porter's five forces. In order to determine the total market size by countries and segments, the research examined each nation at the microeconomic level. Using a bottom-up approach, the size of the regional and global markets is forecasted. By conducting a micro level analysis of each country, it is feasible to determine the contribution of the unorganised market to the size of the total market. The conclusions are then confirmed through discussions with prominent local entrepreneurs. Secondary research is carried out and evaluated using both paid and free data sets. The sources for demand by category and supply by each player are real government data, commercial databases, and, in the case of listed firms, yearly reports.
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Market Segmentation:
Rising workloads and changing lifestyles are leading to the growing need for the adoption of activities for fitness. Marathons are becoming increasingly popular nowadays. The continuous growth in participation levels of various sports and activities, including running, as well as the increase in the number of sporting events held globally each year, are some of the major factors that are likely to boost the revenue growth of the global running apparel market over the forecast period. Furthermore, the gradual increase in demand for higher quality, trendy, light in weight, and comfy apparel by runners across all demographic trends has led market players to aspire to offer the most cost-effective products that are manufactured using the most recent innovative advancements are boosting market growth opportunities in the future.
Key players:
• Adidas Group
• New Balance
• ASICS
• Nike
• Amer Sports
• Skechers USA
• Fitbit Inc.
• British Knights Newton Running
• Puma NA
• Under Armour Inc.
• VF Corporation
• Garmin Ltd.
• The Rockport Group
• Columbia Sportswear
• Wolverine World Wide
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Nov 24, 2022