“Running Gear Market Report: 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
Running gears are wearables and accessories worn by fitness enthusiasts and athletes while performing sports-related activities or running. They primarily include jackets, tights, goggles, gloves, knee guards, shoes, etc. Running gear offers a protective layer that assists in minimizing the chances of injuries and enhancing air circulation. Moreover, these gears are usually water-resistant, which helps in preventing moisture and wind penetration. Smart running gear devices, such as smartwatches and heart rate monitors, allow individuals to track their fitness progress, thereby 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.
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Global Running Gear Industry Trends and Drivers:
The increasing consumer awareness regarding the several associated advantages of exercising and physical fitness is primarily driving the global running gear market. Furthermore, the emerging trend of running marathons is also bolstering the demand for running gear. In addition to this, the introduction of dynamic marketing strategies by the leading market players, such as collaborations with sports personalities to advertise their premium products and expand the existing consumer base, is acting as another significant growth-inducing factor. Moreover, the escalating demand for comfortable running gear wearables, on account of the rising adoption of running and other high-intensity activities, is creating a positive outlook for the global market. Additionally, the growing number of people enrolling in gyms and other cardio-related exercises in order to lose weight and adopt a healthy lifestyle is further contributing to the market for running gear. Besides this, the increasing investments in RD activities aimed at improving the quality of fibers and raw materials used in manufacturing running gear are projected to augment the global running gear market over the forecasted period.
Global Running Gear Market Segmentation:
The market is segmented in on the basis of type, end use and region.
- Type
- End use
- Region
- North 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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