Running Gear Market

“Running Gear Market - Global Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2023-2028” provides a deep and thorough evaluation of the global running gear market. Running gear refers to the wearables or accessories used or worn while running or performing other fitness-related activities. It generally includes a range of products, including jackets, shoes, goggles, smartwatches, gloves and fitness trackers. It improves mobility, provides protection, reduces the chances of injuries, ensures proper air circulation and enables performance tracking.

The increasing health consciousness among consumers and awareness about the importance of exercising and physical fitness are the primary factors driving the market. Moreover, the introduction of the latest designs and high-quality fabrics in running apparel has also escalated their demand. Furthermore, product premiumization, growing adoption of smart technologies and celebrity endorsements are some of the other factors contributing to the industry growth.

Beginning with a global overview, the report explores the dynamics that have a strong influence on the running gear market and can also impact its future growth. Taking 2022 as the base year, the report covers the historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth-inducing factors, market restraints and recent developments have also been analysed in the report in order to provide deeper knowledge about the industry. On a regional basis, the report examines the running gear market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. For each of these regions, the report studies the running gear market in detail for the latest trends, outlook and opportunities.

The report analyses the competitive structure of the running gear Industry and provides the profiles of major players operating in the market. The price margins for the products, along with the various success and risk factors for manufacturers, have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the running gear Industry along the parameters of Porter’s Five Forces model. This model examines the degree of competition in the running gear Industry by analysing the threat posed by new entrants and substitutes and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report, which highlights the strengths, weaknesses, opportunities and threats pertaining to the running gear Industry. Furthermore, the value chain analysis of the running gear Industry has also been covered in the report. This comprises all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

Key Segments and Highlights of the Global Running Gear Market  

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis
• Market Breakup by Type
• Market Breakup by End-Use
• Market Breakup by Region
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

• Key players        

The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the running gear Industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analysed and presented in the form of easily comprehensible charts, graphs and tables.