Global Trail Running Shoes Market Research Report 2020: COVID-19 Outbreak Impact Analysis
Brand Essence Market Research has developed a concise study on the Trail Running Shoes market to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline.
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Trail Running Shoes Market is valued at USD 67.85 Billion in 2018 and expected to reach USD 97.01 Billion by 2026 with the CAGR of 5.24% over the forecast period. The popularity of adventurous activities among urban dwellers to seek out escape from city life is driving the trail running shoes market.
Scope Of The Report:
For trail runners there are special shoes which are mainly designed for trekking purpose, hiking and adventurous activity purpose that have knobby rigid soles than road running shoes. The Ethylene-vinyl acetate (EVA) midsole contain lightweight, elastic nylon plastic layer to guard the feet from puncture wounds due to sharp rocks. The trail running shoes are less cushioned than their counterparts of shoes of road race. Furthermore, trail running shoes provide best stability on uneven terrain. For example, rigid shoes with deep lugs (5mm+) are best on trails with poor footing. Trail shoes are made up of with thicker material on upper part of shoes to tightly hold the feet. The tightly woven mesh prevents rips from trail debris. Many trail shoes include toe bumpers to protect toes. Trail shoes are also designed with a gusseted tongue to keep trail debris and gravel out of the shoe. The sole are designed to be steady on the ground on an uneven trail surface. Large lugs, teeth and stickier rubber that are used in trail shoes provide better adhesive friction through dirt, mud and rocks.
The Trail Running Shoes market is segmented in to type, application and region. Based on Type, the Trail Running Shoes market is segmented in to barefoot shoes, low profile shoes, traditional shoes and maximalist shoes. Based on application, the market is segmented in to men trail running shoes, women trail running shoes.
The regions covered in this Trail Running Shoes Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Trail Running Shoes is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Global Trail Running Shoes Market Reports: Global Trail Running Shoes market report covers prominent players like Brooks, Salomon, Asics, New Balance, Deckers, The North Face, Montrail, Saucony, LOWA, The North Face, Montrail, Tecnica, Adidas, Nike, Vasque, Scarpa, La Sportiva, Pearl Izumi, Under Armour, Mizuno, Puma, Zamberlan and others.
The Popularity of Adventurous Activities among Urban Dwellers to Seek out Escape from City Life is driving the Trail Running Shoes Market: The popularity of urban dwellers to seek out escape by trekking and hiking in hills, jungles and mountains is driving the trail running shoes market. The benefits of trail running shoes such as physical exercise, mental simulation, safety to feet and toes and stability are the main factors for its growing popularity among adventure wanderers and hikers. People are becoming more aware of having appropriate shoes for different occasions to avoid muscle injuries, knee & hip pain and back pain. This in turn propels the trail running shoes market to grow. Youngsters are keener on healthy life style and keen on going to adventurous tours, along with rapid development of adventurous tour and travel companies has helped in increasing demand of trail running shoes. The outdoor footwear industry is trending towards lighter weight products along with trail running shoes, traditionally which was heavy weighted compared to other shoes. According to FDRA (Footwear Distributors and Retailers of America) in America 37% of sales of footwear is due to need of having shoes for different occasions and 30% of total sales is depending on the price of shoes, which also shows the trend of trail running shoes demand among customers. The trail running shoes are made for specific activity and situation, which is restraining the market.
North America is dominating the Trail Running Shoes Market: North America is dominating the trail running shoes market due to high interest among citizens about health and adventure activities such as aerobics, hiking, trailing etc. Asia-Pacific is the second largest market for foot wear industry and expected to have fastest growth rate due to wide base of population, lower average selling price and increasing penetration of e-commerce. 54% of global shoe consumption comes from Asia and this trend also affects the trail running shoes market. The Chinese footwear market is second in terms of revenue after US in global market and it produces more than 60% of global footwear production, making it one of the dominating countries in global trail running shoes market. more than 237 million of made in China shoes are being shipped to the U.S., representing more than 50% of the market in USA, which also shows the importance of US trail running shoes market in China point of view. Europe trail running shoes market is driven by the customers who prefer sports adventure, hiking, trailing and adventure tours.
Trail Running Shoes Market Segmentation:
â€¢ Barefoot Shoes
â€¢ Low profile Shoes
â€¢ Traditional Shoes
â€¢ Maximalist Shoes
â€¢ Men trail running shoes
â€¢ Women trail running shoes
â€¢ Channel (Direct Sales, Distributor)
This comprehensive report will provide:
â€¢ Enhance your strategic decision making
â€¢ Assist with your research, presentations and business plans
â€¢ Show which emerging market opportunities to focus on
â€¢ Increase your industry knowledge
â€¢ Keep you up-to-date with crucial market developments
â€¢ Allow you to develop informed growth strategies
â€¢ Build your technical insight
â€¢ Illustrate trends to exploit
â€¢ Strengthen your analysis of competitors
â€¢ Provide risk analysis, helping you avoid the pitfalls other companies could make
â€¢ Ultimately, help you to maximize profitability for your company.
Our Market Research Solution Provides You Answer to Below Mentioned Question:
â€¢ Which are the driving factors responsible for the growth of market?
â€¢ Which are the roadblock factors of this market?
â€¢ What are the new opportunities, by which market will grow in coming years?
â€¢ What are the trends of this market?
â€¢ Which are main factors responsible for new product launch?
â€¢ How big is the global & regional market in terms of revenue, sales and production?
â€¢ How far will the market grow in forecast period in terms of revenue, sales and production?
â€¢ Which region is dominating the global market and what are the market shares of each region in the overall market in 2017?
â€¢ How will each segment grow over the forecast period and how much revenue will these segment account for in 2026?
â€¢ Which region has more opportunities?
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The Essential Content Covered in the Global Trail Running Shoes Market Report:
* Top Key Company Profiles.
* Main Business and Rival Information
* SWOT Analysis and PESTEL Analysis
* Production, Sales, Revenue, Price and Gross Margin
* Market Share and Size
The report provides a 6-year forecast (2020-2026) assessed based on how the Trail Running Shoes market is predicted to grow in major regions like USA, Europe, Japan, China, India, Southeast Asia, South America, South Africa, Others.
Strategic Points Covered in TOC:
Chapter 1: Introduction, market driving force product scope, market risk, market overview, and market opportunities of the global Trail Running Shoes market.
Chapter 2: Evaluating the leading manufacturers of the global Trail Running Shoes market which consists of its revenue, sales, and price of the products.
Chapter 3: the competitive nature among key manufacturers, with market share, revenue, and sales.
Chapter 4: Presenting global Trail Running Shoes market by regions, market share and revenue and sales for the projected period.
Chapters 5, 6, 7, 8 and 9: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
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