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    Trail Running Shoes Market | Covid-19 Impact Analysis

    Trail Running Shoes Market | Covid-19 Impact Analysis

    Trail Running Shoes Market | Covid-19 Impact Analysis
    Report code - SRCG185 Delivery - 2 Weeks
    Trail Running Shoes Market Size, Share, Trend, Forecast, & Industry Analysis – 2 See more...
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    Impact of COVID-19 on Trail Running Shoes Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Trail Running Shoes Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Trail Running Shoes Market Insights

    Trail Running Shoes market is likely to witness a CAGR of 6.7% during the forecast period. The prime factors that are driving the trail running shoes market are growing popularity of outdoor sports and recreational activities and rising safety concerns during off-road running.

    Trail Running Shoes Market – Snapshot

    Growth

    6.7% for the next five years

    Major Type

    Light Trail Running Shoes

    Dominant Distribution Channel

    Offline

    Region with the highest demand

    North America

    Key Players

    VF Corporation; New Balance Athletics, Inc.; Wolverine World Wide Inc.; Brooks Sports, Inc.; Adidas AG; Nike Inc.; Skechers USA, Inc.; Asics Group; Deckers Outdoor Corporation; Amer Sports Oyj

     

    Market Share Analysis

    Trail-Running-Shoes-Market-Dominant-Segments

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    Trail Running Shoes Market Share: By Type

    Based on the type, the market is segmented as light, rugged, and off trail. Light trail running shoes dominated the market in 2019 and is expected to maintain its position during the forecast period. Increasing consumer preference for light trail shoes for fire roads, gravel paths, and rolling hills is the major factor towards the dominance of the segment.

    Trail Running Shoes Market Share: By Distribution Channel

    Based on the distribution channel, the trail running shoes market is segmented as offline and online. The offline segment holds the major share of the pie; however, the online segment is expected to witness a higher growth during the forecast period. Consumer preference towards purchasing from stores is mostly driven by ‘finding of right fit’, choose from different available options, and better understanding of mechanism and functionality of shoes.

    Trail Running Shoes Market Share: By Region

    In terms of regions, North America is estimated to be the largest market for trail running shoes during the forecast period. Increasing outdoor activities and focus towards health is the major factor driving the outdoor activities in the region. Increasing outdoor activities is fueling the growth of the trail running shoes market in the region. Europe and Asia-Pacific are the other major markets and are expected to witness significant growth during the forecast period.

    Trail-Running-Shoes-Market-By-Region

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    Some of the major players in the trail running shoes market are-

    • VF Corporation
    • New Balance Athletics, Inc.
    • Wolverine World Wide Inc.
    • Brooks Sports, Inc.
    • Adidas AG
    • Nike Inc.
    • Skechers USA, Inc.
    • Asics Group
    • Deckers Outdoor Corporation
    • Amer Sports Oyj.

     

    Market Scope & Segmentation

    Trail running shoes are designed to support and protect the foot on rugged terrain. These shoes offer durable soles to defend against rocks, sticks, and other obstacles one might encounter on the trails. Trail running shoes can be categorized based on type into light, rugged and off trail. Based on the distribution channel, the market can be bifurcated into online and offline.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Trail Running Shoes Market Research Report – Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The trail running shoes market is segmented into the following categories. 

    Trail Running Shoes Market Size, Share, & Forecast, by Type:

    • Light (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Rugged (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Off Trail (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Trail Running Shoes Market Size, Share, & Forecast, by Distribution Channel Type:

    • Online (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Offline (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Trail Running Shoes Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Trail-Running-Shoes-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the end-use industry types by technology type.

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

     


    Frequently Asked Questions (FAQs)

    What will be the growth of Trail Running Shoes Market in the foreseeable future?

    The trail running shoes market is expected to witness an impressive growth of 6.7% CAGR in the foreseeable future.

    Who are the key players in the Trail Running Shoes Market?

    VF Corporation; New Balance Athletics, Inc.; Wolverine World Wide Inc.; Brooks Sports, Inc.; Adidas AG; Nike Inc.; Skechers USA, Inc.; Asics Group; Deckers Outdoor Corporation; and Amer Sports Oyj are among the key players in the Trail Running Shoes Market.

    Which country/region is expected to be the largest Trail Running Shoes Market?

    North America is expected to be the largest Trail Running Shoes Market during the next five years.

    What are the prime factors driving the trail running shoes market?

    The prime factors that are driving the trail running shoes market are growing popularity of outdoor sports and recreational activities and rising safety concerns during off-road running.

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